Customer loyalty is a myth in the decentralized finance (DeFi), at least in current times. As liquidity incentives ended on decentralized exchange protocol Uniswap, the platform saw an exodus of Ethereum and other tokens to rivals like Sushiswap and others, data from multiple sources showed. The cause For the uninitiated, Uniswap is a type of…
Yesterday, holders of the UNI coin and other members of the DeFi ecosystem were invited to join an unofficial-though-important Uniswap governance call. The idea was to give stakeholders a chance to talk about Uniswap’s governance structure, along with discussing important matters like the UNI liquidity mining program set to end next week. Here are some…
In a few days’ time, on Nov. 17, Uniswap’s first yield farming opportunity will end. When the project’s governance token released in September, a yield farming opportunity was launched that allowed users to earn UNI by depositing liquidity into the decentralized exchange. This rapidly became one of the most popular yield farms, garnering $1 billion,…
Uniswap volumes bump to $2 billion after attack on DeFi project Harvest Finance Harvest Finance, a decentralized finance (DeFi) project led by an anonymous team, was attacked using a flash loan exploit earlier today leading to millions of dollars worth of FARM tokens stolen by hackers and its prices falling over 60% at press time….