New OlympusDAO Fork Aims to Defy Protocol’s Reputation as a ‘Useless Asset’

New OlympusDAO Fork Aims to Defy Protocol’s Reputation as a ‘Useless Asset’

A new OlympusDAO fork is attempting to overcome the protocol's controversial reputation with governance 'meta-tokens.'
Maximum Yield for Stablecoins: Degenbox by Abracadabra Money

Maximum Yield for Stablecoins: Degenbox by Abracadabra Money

Degenbox is a strategic program created by Abracadabra Money to solve the issue of accepting non-interest-bearing tokens. In this tutorial we run through the steps of creating a looping yield mechanism through $UST and $MIM.
Olympus DAO ($OHM) What Is It and Where Is It Going Next? (with JaLa)

Olympus DAO ($OHM) What Is It and Where Is It Going Next? (with JaLa)

In 2021 no DeFi protocol has quite caught the eye like OlympusDAO. Inspiring a devoted following of Ohmies you’ll have seen the (3,3) meme everywhere. Then there were the forks, sooooo soooo many forks. Single-handedly responsible for DeFi2.0 and its…
What is Protocol Owned Governance? | First Look into Lobis - Approved Fork of OlympusDAO

What is Protocol Owned Governance? | First Look into Lobis - Approved Fork of OlympusDAO

Lobis is an Approved Olympus fork specialized to ensure that OlympusDAO can participate in DeFi governance.
Tutorial: The Degen Savings Portfolio Featuring Abracadabra, Curve and Convex

Tutorial: The Degen Savings Portfolio Featuring Abracadabra, Curve and Convex

Leveraged yield farming using Abracadabra, Convex and Curve.
DeFi 2.0 Is Not What You Think It Is...

DeFi 2.0 Is Not What You Think It Is...

Okay, so you wanna know what the SBF is up with this Defi2.0 bizzo. Well you’ve come to the right place. What is Defi2.0. You can do yourself a favour and avoid having to watch the rest of this video…
Anubis DAO Descends Into the Underworld After $60M Exploit

Anubis DAO Descends Into the Underworld After $60M Exploit

Anubis DAO, a recently launched fork of Olympus DAO, is engulfed in chaos after 13.6K ETH ($60M) was drained from the protocol today.
Abracadabra To Offer Supercharged Stablecoin Yields By Leveraging Terra’s Anchor Protocol

Abracadabra To Offer Supercharged Stablecoin Yields By Leveraging Terra’s Anchor Protocol

“Degen” traders are likely salivating at an announcement by DeFi’s rising star Daniele Sestagalli, claiming that they will soon be able to earn high yields from their stablecoins thanks to a new cross-chain, leveraged yield farming protocol.  The Abracadabra founder…
Terra and Abracadabra Team Up to Challenge Centralized Stablecoins

Terra and Abracadabra Team Up to Challenge Centralized Stablecoins

For an industry that has decentralization in its very name, DeFi’s reliance on centralized stablecoins remains an Achilles’ heel, making it an easy target for overzealous regulators.
DeFi 2.0 Wave of New Projects Test Liquidity Mining Alternatives

DeFi 2.0 Wave of New Projects Test Liquidity Mining Alternatives

Things aren’t getting easier for those struggling to stay current with the lightning quick DeFi space. Just when you think you’re up to speed with the latest token or protocol along comes something new. Brace yourselves because here comes DeFi…
What is Olympus Pro? | Can Bonds Really Replace Liquidity Mining?

What is Olympus Pro? | Can Bonds Really Replace Liquidity Mining?

Olympus is a decentralized reserve currency protocol based on the OHM token. Each OHM token is backed by a basket of assets (e.g. DAI, FRAX) in the Olympus treasury, giving it an intrinsic value that it cannot fall below.
Bug in Leading Ethereum Node Software Has Caused the Chain to Fork

Bug in Leading Ethereum Node Software Has Caused the Chain to Fork

A bug in outdated versions of the leading Ethereum client for node operators, Geth, is causing forks on the chain, according to research by the Block. According to The Block, this could enable double spends on the world’s second-largest blockchain…
Sushiswap Trident

Sushiswap Trident

Trident was first developed with the core focus of capital efficiency and cryptocurrency volatility protection using powerful, yet intuitive and easy-to-use, tools to provide DeFi with its new protocol standard. Our goal was to reinvent the wheel, without sacrificing user…
Compound Finance Fork EasyFi Loses Over $60M in Admin Key Hack

Compound Finance Fork EasyFi Loses Over $60M in Admin Key Hack

EasyFi, a Compound Finance fork launched directly on the Polygon Layer 2 Network, suffered a major hack on Monday, losing over $60M of the project’s EASY tokens and also $6M of users’ provided liquidity. The hacker gained access to the…

New AMM Saddle Had Bit of a Rocky Start

Everybody hates slippage.  That’s the problem Saddle, the freshly launched dApp “designed to enable efficient trading between pegged value crypto assets,” aims to tackle. And while the project quickly reached its initial deposit cap, it wasn’t without a couple of…
DeFi Forks Are Moving Beyond Copy and Paste

DeFi Forks Are Moving Beyond Copy and Paste

In the last month, almost every major DeFi project has been forked. Some of the forks have even been forked themselves. But do these near-copies of projects actually add any value? Or are they simply opportunistic money-grabs?Like many things in…
"I F*cked Up. And I am Sorry:" Chef Nomi Returns $14M of ETH to SushiSwap

"I F*cked Up. And I am Sorry:" Chef Nomi Returns $14M of ETH to SushiSwap

There’s yet another twist to this California Roll.The founder behind the Uniswap fork SushiSwap, an anonymous developer going by the name of Chef Nomi who had run off with about $14M worth of ETH and prompted accusations the project was…
SushiSwap Drains Uniswap Liquidity. Still, Everyone Won

SushiSwap Drains Uniswap Liquidity. Still, Everyone Won

DeFi experienced what seemed like its first-ever hostile takeover today, except instead of stock buyouts and management shakedowns, it was driven by users switching platforms following their own economic incentives.Crypto capitalism at its finest. 1) well the migration is done;…
SushiSwap's Vampire Scheme: Hours Away and With $1.3B at Stake

SushiSwap's Vampire Scheme: Hours Away and With $1.3B at Stake

Decentralized finance is living through what may become one of its most defining moments. In less than 48 hours, a two-week upstart will attempt to drain liquidity from DeFi’s largest exchange, in a never-before attempted vampire-like attack, which right now…

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The Defiant's Definitive Guide to DeFi

The Defiant is the leading information company at the intersection of tech and money. It’s the only content platform producing unbiased, objective journalism, that’s focused on decentralized finance. We cover the news in this space day to day, across our newsletter, podcast, YouTube channel, and website.

This guide is meant to be a one-stop-shop to get started. These are all the DeFi basics you will need to start exploring the internet of money.