DeFi Agreement
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Nibiru Chain Secures $8.5 Million Seed Round Funding with $100 Million Valuation
On April 5th, it was announced that the DeFi agreement, Nibiru Chain, had completed a seed round financing of $8.5 million with a valuation of $100 million, led by Tribe Capital, R
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DeFi Agreement Euler Finance Experiences $10M Exposure
According to the report, Idle Finance of the DeFi agreement tweeted that after investigation, the exposure of Euler Finance event to the agreement’s Yield Tranches strategy involved about US $5.35 million in stable currency and 320 ETHs, and the exposure of Best Yield strategy involved US $4.8 million in stable currency and 313 ETHs. IdleFinance: The relevant strategies are affected by the Euler event, involving about US $11 million in stable currency and 630 ETHs Analysis based on this information:Idle Finance, a decentralized finance (DeFi) agreement, announced that Euler Finance event resulted in an exposure of approximately $10.15 million worth of stable currency and ETH. Specifically, the exposure of Yield Tranches strategy involved about $5.35 million in stable currency and 320 ETHs, while the Best Yield strategy involved $4.8 million in stable currency and 313 ETHs. This news highlights the risks that come with investing in DeFi protocols. The exposure of Euler Finance event to Idle Finance agreement shows that…
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The US White House’s Attention to the Interest Rate Increase in March
7:00-12:00 Key words: US White House, interest rate increase in March, DXY, Federal Reserve, DeFi agreement Summary of important developments at noon on March 13 Analysis based on this information:On a specific day, between seven o’clock and twelve o’clock, there seems to be an important event occurring in the US White House regarding interest rate increase in March. The US Federal Reserve, also known as the central bank of the US, made the decision to increase the interest rate in March, ending a policy of zero interest rates that began during the Great Recession in 2008. This decision to increase the interest rate can affect a variety of financial indicators, one of which is the DXY or the US dollar index that measures the value of the US dollar against other major currencies in the world. When the interest rate increases, it strengthens the US dollar and causes the DXY to rise. Therefore, it is not a surprise that the…
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Platypus to Repay Users After Recovering Stolen Funds
It is reported that Platypus, the DeFi agreement, said in a blog post that it would repay users at least 63% of the funds after successfully recovering part of…
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Venus Accepts Floki Tokens as Loan Collateral in BNB Chain DeFi Agreement
It is reported that the BNB Chain DeFi agreement Venus accepts Floki tokens as loan collateral, allowing FLOKI holders on the BNB chain to borrow USDT, USDC, B…