Uniswap fee-switch: new era for DeFi or ‘a sad day for DAOs’?
The latest iteration of Uniswap’s long awaited fee-switch proposal looks set to pass. But the milestone is seen by some as a DAO failure.
The latest iteration of Uniswap’s long awaited fee-switch proposal looks set to pass. But the milestone is seen by some as a DAO failure.
The recent depeg of Stream Finance’s xUSD has led to concerns over the health of an interwoven ecosystem of similar high-yield vaults.
DeFi platform Stream Finance has halted deposits and withdrawals in response to the loss of $93M of “Stream fund assets.”
The exploit, which hit Balancer’s v2 liquidity pools on multiple blockchains, reportedly affected projects that “forked” the exchange’s code.
Critics of DeFi yield farming projects claim they created a “daisy chain” by recursively lending funds between one another to inflate TVL.