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…
Yearn Finance Changes Up its Tokenomics and YFI Soars 85%

Yearn Finance Changes Up its Tokenomics and YFI Soars 85%

Yearn Finance has soared following a change in its tokenomics.
Turn Your NFTs Into Cash Without Selling Them

Turn Your NFTs Into Cash Without Selling Them

NFTfi is a simple marketplace for NFT collaterized loans. Put your NFTs up as collateral for a loan, or offer loans to other users.
Crush Market Volatility Using Big Boy Delta Neutral Strategies

Crush Market Volatility Using Big Boy Delta Neutral Strategies

Delta neutral is a portfolio strategy utilizing multiple positions with balancing positive and negative deltas so that the overall delta of the assets in question totals zero. A delta-neutral portfolio evens out the response to market movements for a certain…
Upstart Silo Finance Preps Token Sale in Challenge to Aave and Compound

Upstart Silo Finance Preps Token Sale in Challenge to Aave and Compound

A new DeFi lending platform called Silo is betting its new model will challenge Aave and Compound.
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.
Pendle Launches Yield Token Trading on Avalanche

Pendle Launches Yield Token Trading on Avalanche

Pendle introduce yield tokens on Avalanche's blockchain in the latest sign of its expansion.
Cross-Asset Yield Folding for 4x Gains? How is this Possible?

Cross-Asset Yield Folding for 4x Gains? How is this Possible?

Fodl enables traders to utilize leverage for their trades without paying a funding rate. This leverage is derived from existing DeFi building blocks, such as Compound and Aave.
DeFi Lending Hub Goldfinch Fuses NFTs and User IDs to Attract Wary Investors

DeFi Lending Hub Goldfinch Fuses NFTs and User IDs to Attract Wary Investors

Lending protocol Goldfinch rolled out an NFT-based user ID to attract customers who need to meet Know-Your-Customer rules.
Avalanche Joins Layer 1 Funding Boom with $200M War Chest for Devs

Avalanche Joins Layer 1 Funding Boom with $200M War Chest for Devs

Avalanche rises $200M developer fund in Layer 1 buildout boom.
Aave Set to Disable Borrowing on xSushi and DPI Citing Potential Exploit

Aave Set to Disable Borrowing on xSushi and DPI Citing Potential Exploit

Aave token holders are voting to patch a vulnerability to DeFi’s biggest protocol by assets locked.
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…
No Liquidation!? Has Nexus Solved Anchor’s Biggest Headache?

No Liquidation!? Has Nexus Solved Anchor’s Biggest Headache?

Nexus removes the complexity of advanced yield farming strategies to deliver optimized, sustainable yield for users.
Acala’s Liquid Tokens - The Great DeFi Unlock

Acala’s Liquid Tokens - The Great DeFi Unlock

Acala, the Ethereum-compatible DeFi and liquidity hub of Polkadot, has launched Liquid Crowdloan DOT (lcDOT) ahead of its upcoming crowdloan event. The product joins Acala’s suite of derivative products including its recently launched KSM Liquid Staking product (LKSM), now available…
AXS Holders Have $2.5B Staked in Axie Infinity in Two Weeks

AXS Holders Have $2.5B Staked in Axie Infinity in Two Weeks

Axie Infinity has just under $2.5B of its governance token, staked on its Ronin sidechain. That’s more than a quarter of AXS’s total circulating supply.

Rari Capital Launches Permissionless Lending Pools to Become Uniswap of Lending

Rari Capital, the DeFi protocol created by teenagers, has shipped perhaps its biggest product to date — permissionless lending pools. The new feature allows anyone to create a lending and borrowing pool on the open interest rate protocol, meaning anyone…
Abracadabra’s Stablecoin Races Past $1B  and Sparks Talk of Overtaking MakerDAO

Abracadabra’s Stablecoin Races Past $1B and Sparks Talk of Overtaking MakerDAO

New collateralized stablecoin, Magic Internet Money (MIM) is challenging MakerDAO, the grandaddy protocol of DeFi. MIM, issued by lending protocol Abracadabra, broke $1B in supply on Oct. 5, placing it seventh overall in terms of stablecoin market cap, according to…
Non Fungible Debt Positions with JPEG'd

Non Fungible Debt Positions with JPEG'd

JPEG’d is a new project that will allow NFT owners to deposit their NFTs as collateral into a vault and be able to take out a loan in PUSd.
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.
NFTx Wants to Beat Opensea but How Are They Going to Do That? Deep Dive.

NFTx Wants to Beat Opensea but How Are They Going to Do That? Deep Dive.

NFTX is a platform for making ERC20 tokens that are backed by NFT collectibles.

DeFi Lending Venture Rides Solana’s High-Speed Chain to $100M in Deposits

Solend, a lending platform built on the proof-of-stake blockchain, Solana, has hit $100M in deposits, according to its team.  Solend has done so without liquidity mining opportunities, but those are coming. Solend works basically the same way Compound and Aave…
Protect Yourself From Smart Contract Exploits with Sherlock

Protect Yourself From Smart Contract Exploits with Sherlock

Sherlock is a risk management platform designed to provide DeFi protocols with affordable, reliable coverage against smart contract exploits starting from Day 1.

Podcast

Upstart Project Helps Drive Up Arbitrum’s TVL 17 Times to $2.2B

Arbitrum, a Layer 2 which pushes Ethereum transactions onto a sidechain to enhance performance, is on fire.  In the last five days, Arbitrum’s total value locked has multiplied 17 times, shooting to $2.2B on Sept. 14 from $126M on Sept. 9, according to data provider…

How to Earn Fixed Rate of Interest on 88MPH

88MPH is a non-custodial, fully on-chain protocol acting as an intermediary between you and third-party variable yield rate protocols to offer the best fixed yield rate on your capital.

Lido Brings Liquid Staking to Solana, Its Third Blockchain

Staking assets on a blockchain helps to secure the network, but losing that liquidity can be painful for traders and investors. So the team behind the derivatives protocol, Lido, created a staking derivative that allows investors to stay liquid while also supporting the security of…

How to Prioritize Ethereum Transactions with Eden Network

Eden is a priority transaction network that protects traders from frontrunning, aligns incentives for block producers, and redistributes miner extractable value.

What Is Leveraged Yield Farming and How Can It Bring Higher Returns?

In DeFi, while it’s not necessarily true that bigger is always better, the beauty of a high APY never fails to turn heads. And regardless of how much higher DeFi yields are compared to traditional finance, there’s no shortage of DeFi users eager to maximize…

Crypto Day Trading: Leveraged Yield Farming Strategies

Does leveraged yield farming sound intimidating? It’s understandable that some would feel that way. After all, leverage and yield strategies are tools that professional investors have been known to utilize, their inner workings esoteric to the every-day investor. Yet, with the growth of decentralized finance,…

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.