Category: DeFi & DApps
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DeFi Update: Crypto Borrowing Demand Falls Amid Market Turmoil
DeFi’s borrowing demand has dropped due to recent market turmoil, leading to a decrease in stablecoin yields.
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BTC Bull Token Raises $4.5M in Simplified DeFi Utility
BTC Bull Token has raised $4.5M, simplifying DeFi utility by offering real BTC airdrops tied to price milestones.
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Aavegotchi Moves to Coinbase’s Base from Polygon
Aavegotchi’s DAO voted to migrate from Polygon to Base blockchain, indicating a decline in Polygon usage.
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Stablecoin Loan Repayments Indicate Ethereum Volatility
Stablecoin loan repayments indicate liquidity shifts and Ethereum volatility, with frequent repayments correlating with market stress and risk adjustments.
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Solana DeFi TVL Hits 2-Year High Amid Ecosystem Growth
Solana’s Total Value Locked hits a 22-month high at $6.5 billion, indicating strong DeFi activity despite SOL’s price volatility.
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Janover Stock Jumps 300% with New Solana Strategy
Janover Inc. rebrands to DeFi Development Corporation, focusing on decentralized finance with Solana, raising $42 million for digital assets acquisition, causing a 300% stock increase.
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MANTRA Unveils $108M Fund for RWA Innovation Growth
MANTRA Chain launches a $108M Ecosystem Fund to support global blockchain projects, focusing on asset tokenization and decentralized finance.
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Mantra Launches $108M Fund for Real-World Asset DeFi
Mantra has launched a $108.9 million fund to support real-world asset tokenization and DeFi projects globally.
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Aave DAO Approves $1M Weekly Token Buyback Plan
Aave’s DAO has approved a $1M weekly token buyback plan to strengthen tokenomics after a 21% price drop.
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Trader Bets $0.05 of SOL: Value in 5138 Revealed
A crypto user staked $0.05 Solana for 3,000 years, prompting speculation on generational wealth creation.