Category: total value locked

12 Defi Con Artists Exposed – Are Rug Pulling Incidents Threatening the Future of Defi ?  

12 Defi Con Artists Exposed – Are Rug Pulling Incidents Threatening the Future of Defi ?  

The ongoing hype about the abnormally high returns from Defi tokens has naturally seen many more investors moving funds to decentralized protocols. As of October 10, total value locked in Defi protocols was nearly $11 billion. However, despite this apparent endorsement of Defi, rug pulling incidents and outright scams now seem to be blighting this […]

Continue Reading

Messari Says Initial Dex Offerings Are ICO 2.0, Urges Investors to Resist Initial Hype

Messari Says Initial Dex Offerings Are ICO 2.0, Urges Investors to Resist Initial Hype

Crypto research firm, Messari says new Defi token offerings or initial dex offerings (IDO) are a reincarnation of initial coin offerings (ICO) and warns average investors to steer clear these. The firm notes that several early participants of IDOs are the ones that typically make off with outsized returns, while others are left deeply in […]

Continue Reading

“Actual” Total Value Locked in DeFi is Only About 50% of Reported Value: Analyst

Reportedly, the recursive compounding of collateral on different DeFi project using the same initial capital tends to inflate the value locked in DeFi by almost 50%.  Data analytics websites reporting the ‘total value locked’ in DeFi, determine the value by analysing individual projects. However, the ecosystem has remarkable interoperability. DAI loaned in one project is […]

Continue Reading