DeFining news: June 16th, 2023
Lens protocol — the leading decentralized social network ecosystem — has been busy this week, raising another $15M in seed funding and releasing an Open Governance Framework.
A new DeFi options trading platform, Synquote, is using social logins and undercollateralized trading, and claims to be able to process transactions as large as $1M without slippage.
“How stable are centralized stablecoins really?” — a question some may have asked as Tether (USDT) dipped as low as $0.994 ahead of potentially damaging news for the issuer of the stablecoin with the largest market share.
An AWS outage took down or slowed down a number of Web3 services, a reminder on the dangers of centralized infrastructure.
A little-known crypto firm, Prometheum, is in the spotlight for coming out of nowhere and giving Congressional testimony on crypto regulation (while also having ex-regulators on their staff).
Polygon has unveiled its 2.0 Roadmap and it’s definitely zk-powered.
What will Uniswap’s v4 look like? According to the code preview it released: Limit Orders, Auto-compounding, Dynamic Fees, and TWAMM.
Is Aaave’s proposal to limit a particular wallet from accumulating too much debt sound practice or a violation of DeFi principles?
In a move signaling that the governments are not monolithically against crypto, US Republicans are trying to push out the SEC Chairman who has been especially aggressive against crypto recently.
NFTs backed by staked ETH are now a thing, thanks to Ether.fi.
Stay tuned!
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