Depeg of $3B restaking token ezETH causes over $60M in DeFi liquidations
Renzo Protocol’s liquid restaking token ezETH, suffered a sharp depeg in response to an unpopular and misleading tokenomics announcement.
Renzo Protocol’s liquid restaking token ezETH, suffered a sharp depeg in response to an unpopular and misleading tokenomics announcement.
MNGO tokens purchased from the FTX estate have voted in favor of governance proposals to use the Mango Treasury to repurchase MNGO.
As Avraham Eisenberg’s trial gets underway, the legal credibility of decentralized finance as an autonomous financial system is at stake.
Seneca is a decentralized finance project that allows users to borrow the stablecoin senUSD against various yield-bearing assets.
Aave’s proposed ‘Merit programme’ would use protocol revenue to reward ‘Aave-aligned’ behaviour but punish users of ‘non-aligned protocols.’