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This week, the market is dominated by small fluctuations after the falls; BTC's market share this week hit a new high since April 21...

Luke is the Head of Product at Cobo Argus and a DeFi enthusiast. From the perspective of miners participating in DeFi mining, this article discusses how to reasonably use Cobo Argus to deal with the Curve crisis. The DeFi world has been in crisis for the past two days due to the latest attack on Curve. Since the attack on July 30, the price of CRV plummeted from 0.74 USDT to below 0.5 USDT. It rebounded slightly today and is currently stable above 0.6 USDT. Although it has been found that the attack was caused by a bug in the old version of the Ethereum programming language Vyper, the crisis facing Curve has not been eliminated. Since the founder of Curve will hold a large amount of CRV for mortgage loans on the chain, once the price falls further...

Author: Axia8 Ventures Source: medium Compilation: Jinse Finance, Shan Ouba On June 21, 2023, MakerDAO purchased another 700 million U.S. dollars in national debt, and its current holdings of U.S. national debt have exceeded 1.2 billion U.S. dollars. For a long time, the market capitalization of RWA was very small. Until October 2022, MakerDAO purchased US$500 million in treasury bonds, which officially opened the prelude to the rapid growth of the RWA market. At present, among MakerDAO's assets, RWA has surpassed stablecoins to become the largest asset category, with a scale of 1.929 billion, accounting for 41.2%. RWA can not only accelerate the growth of TVL, but also increase MakerDAO’s protocol revenue. The latest data shows that RWA contributed more than 52% of MakerDAO's revenue. At the same time, another Defi giant C...

The Bitcoin stake protocol Babylon Phase II has sparked controversy. Recently, the Bitcoin staking protocol Babylon completed its second phase of staking activities (Cap-2). Although the staking lasted only 10 blocks, it still attracted nearly 23,000 BTC to participate. However, compared to the first phase (Cap-1), the community discussion enthusiasm and on-chain transaction fees have significantly decreased. This contrast has sparked curiosity about the identities of the participants and their motivations for staking. Why is the Cap-2 stage stake so calm? Looking back at the Cap-1 phase, users had to pay a transaction fee for the Bitcoin network that once soared to over 1000 satoshis/byte to participate in staking, with the transaction gas consumption exceeding 4% of the principal. In the Cap-2 phase, the network transaction fee was maintained at a maximum of around 30 satoshis/byte. The reasons for this difference are mainly three: 1. Stake rules change: Cap-2

Solv Protocol: Exploring the staking abstraction layer and liquidity mechanism in the BTCFi ecosystem Introduction Solv Protocol was established in 2020 with the aim of lowering the barriers to creating and using on-chain financial instruments, bringing diverse asset classes and yield opportunities to the crypto space. The project focuses on minting and trading NFTs related to financial ownership certificates. In 2024, with the development of the BTCFi sector, Solv Protocol will shift its focus to BTCFi, creating a full-chain yield Bitcoin asset SolvBTC, providing new opportunities for Bitcoin holders while building an efficient BTCFi ecosystem. Recently, Solv