DeFi & DApps – Page 4 – Block Beat Daily

AAVE Rises 13% After Successful Buyback Proposal Vote

Aave tokenholders approved a $4 million buyback proposal, aiming for weekly repurchases to enhance token value and governance.

Starknet introduces a feature allowing Bitcoin holders to earn yields, creating new Bitcoin investment opportunities.

Magic Eden acquires Slingshot Finance to enhance cross-chain trading and streamline digital asset transactions.

Decentralized finance (DeFi) activity has significantly decreased due to macroeconomic pressures and market retracements.

Arch Labs secured $7 million to develop decentralized finance (DeFi) on Bitcoin from DPI Capital.

VIRTUAL protocol’s revenue and DEX trading volumes plummeted by 99%, with the VIRTUAL token value dropping 91%.

Cakepie DAO criticizes PancakeSwap’s Tokenomics Proposal 3.0, questioning governance integrity and advocating for alternatives.

Aavegotchi transitions from Polygon to Coinbase’s Base following a community vote, while Geist chain sunsets due to low traction.

Bitcoin-native DeFi protocol, Sats Terminal, has raised $1.7M in pre-seed funding from Coinbase Ventures and Draper Associates.

Aavegotchi transitions from Polygon to Base after a 93.5% community vote for improved performance and user engagement.