Rune Christensen, the co-founder of Sky, says the ultimate goal is to turn MKR into a wrapper that represents 24,000 SKY.
DeFi news
The DeFi protocol also launched an in-house perpetuals trading app.
Lens will give users ownership of their data and a chance for monetization when the mainnet launches early next year.
A new EVM-compatible layer-1 blockchain with lightning-fast transactions goes live to deliver a seamless, equitable ecosystem for both developers and users.
The announcement comes fresh on the heels of World Liberty’s purchase of $500,000 worth of ENA tokens.
The initial proposal from Morpho Labs and Allez Labs sought to capture a 7% yield from stablecoins held in Polygon’s proof-of-stake bridge.
The launch follows a successful testnet period where 50 projects were deployed and more than 24.72 million transactions were completed.
Parody X account Richard E. Ptardio was given memecoins using his likeness which he later donated to charity after his holdings reached a peak of $1 million.
Pyth Network has expanded its decentralized oracle services with real-time oil market data for WTI and Brent Crude Oil, enabling DeFi energy market applications.
Coinbase and DeFi pose serious competition for traditional exchanges as Bitcoin ETFs beat gold by assets under management.