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Tag: overcollateralization

Diva Staking’s DAO Integrates Reserve Protocol to Empower Ethereum’s L2 DeFi Ecosystem

Diva DAO approves the launch of the Based ETH (bsdETH) initiative powered by Reserve Protocol’s FRIDAY, FEBRUARY 23, 2024 – Diva Staking, an ETH staking...

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KBRA Assigns Preliminary Ratings to Research-Driven Pagaya Motor Asset Trust 2023-3 and Research-Driven Pagaya Motor Trust 2023-3

NEW YORK–(BUSINESS WIRE)–#KBRA–KBRA assigns ratings to four classes of notes issued by Research-Driven Pagaya Motor Asset Trust 2023-3 and Research-Driven Pagaya Motor Trust 2023-3...

Maple Finance To Offer Overcollateralized Loans To Web3 Businesses

Maple Direct Aims To Fill A Gap In Institutional Demand For Transparent, Compliant Lending ServicesMaple Finance, a marketplace that connects institutional borrowers and lenders...

Aave Lending Protocol Progresses Towards Launching GHO Stablecoin on Ethereum Mainnet

The Aave lending protocol has been making significant progress towards launching its GHO stablecoin on the Ethereum mainnet. This development is expected to bring...

Cardano-Powered Algorithmic Stablecoin $DJED Achieves Major Milestone With Over 4 Million Coins Circulating

The Cardano-powered algorithmic stablecoin Djed ($DJED)  has recently achieved a significant milestone after seeing its total tokens in circulation surpass the 4 million mark,...

KuCoin leads $10M funding for Chinese yuan stablecoin issuer

The investment arm of major cryptocurrency exchange KuCoin is moving to support new stablecoin initiatives by backing a Chinese yuan-pegged stablecoin issuer.KuCoin Ventures has...

Sector Report: DeFi Lending

Executive Summary: Decentralized Finance (DeFi) is a rapidly growing subset of the cryptocurrency ecosystem that creates financial applications and services that operate on decentralized,...

Through the looking glass: A cross-chain sealed-bid auction using Aztec Connect

February 21, 2023 Michael Zhu Editor’s note: This piece is part of our ongoing series on all things auctions for web3. Part...

Cardano-Powered Algorithmic Stablecoin Djed Reserve Ratio Hits 630% With 29 Million $ADA Backing

The reserve ratio of the recently launched Cardano-powered algorithmic stablecoin Djed ($DJED) has now surpassed 600% after investors moved over 28.3 million $ADA to...

$ADA: COTI’s “Overcollateralized” Stablecoin $DJED Goes Live on Mainnet

On Tuesday (31 January 2023), the COTI team made the announcement that many in the Cardano community had long been waiting to hear. Djed ($DJED)...

COTI’s $DJED Stablecoin: What Is $SHEN and How Its Holders Can Earn Delegation Rewards

This article looks at Djed ($DJED), which is an “overcollaterized” Cardano-powered stablecoin developed by IOG and issued by FinTech startup COTI Group, and in particular,...

$ADA: Cardano-Powered Algorithmic Stablecoin Djed to Launch Next Week

Fintech startup COTI the issuer of the algorithmic stablecoin Djed ($DJED) that’s set to be launched on the Cardano network, has announced that the...

Hidden in Plain Sight: A Sneaky Solidity Implementation of a Sealed-Bid Auction

November 16, 2022 Michael Zhu Editor’s note: This piece is part of our ongoing series on all things auctions for web3. Part...

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