TVL: $505,794,922 (+1%)
PRICE: $16,842.74 (-6.3%)
Product:
wBTC + Hegic
We've connected a second WBTC lot strategy to the HEGIC vault and now we need some more 888k more tokens to test it out.https://t.co/oEqTyry1o7
— banteg (@bantg) November 11, 2020
h/t @Macarse
Monolith + YFI
We've just updated the tokens visible in our wallet including $AAVE, $BAL, $COMP, $CREAM, $CRV, $UMA, $YFI, $UNI, $SNX and quite a few more 🔥
— Monolith (@monolith_web3) November 11, 2020
👉 https://t.co/XcK6olhdEB pic.twitter.com/V7mBFaqA6N
Governance:
YIP-53: yAcademy: Planting the Seed of a Sustainably Secure Future for Yearn and Beyond
@aliatiia wrote:
"We launch the yAcademy: a security wing tasked with auditing Yearn’s contracts, attracting and retaining top talent, and eventually generating revenue by expanding its auditing services to the ecosystem at large."
A full summary can be found here:
yearn.finance
Resource: Mainland China GitHub Mirrors and Registry Provisions
Various resources available for Chinese Developers
Proposal: Create yDPI vault
@the_anonymous_hash proposed creating a yDPI v2 vault with integrations into MakerDAO
Should this proposal be implemented, a yDPI vault will be created and used to deposit DPI into MakerDAO to mint DAI and delegate to yDAI vault, basically cloning the yETH vault functionality. The generated fees would be used to mint new DPI.
Community:
UNI Rewards Winding Down
~2.3bn funds most likely will be unable to get $uni incentives on the 17th.
— Yield Farmer Joe 🌾🚜 🌾🐖 (@YieldFarmerJoe) November 11, 2020
this thread asks where will $eth go?
People have mentioned maybe stable coins. But 3/4ths of the pairings are with stablecoins. Those will be unlocked too.
This could funnel into altcoins <cont> https://t.co/Mb1TrOGmFi
$YFI
$YFI
— DeFi Slate (@defislate) November 11, 2020
Thats it. Thats the tweet.
Media:
Read: Polychain Capital Capital Invests 8.2 Million Into Ethereum Token YFI
https://decrypt.co/47889/polychain-capital-invests-8-2-million-into-ethereum-token-yfi
Read: All You Need to Know About the Hegic, yEarn Finance Collaboration
https://cryptobriefing.com/all-you-need-know-about-hegic-yearn-finance-collaboration/
Random:
This is a great insight into the struggles of protocol governance.
— Ryan Watkins (@RyanWatkins_) November 11, 2020
Maker is half a billion $$$ protocol and it only has ~30 people actually participating in governance.
And many spend 5 -10 intense hours a a week doing this unpaid.https://t.co/14TJGWEuMw