Aura Finance is an autonomous DeFi platform developed for Balancer users to increase their governance power, yield and the way they benefit from DeFi. Launched in June 2022, the project has quickly become one of the key players in the DeFi ecosystem, reachomg $500 million TVL.
Liquidity Providers for TUSD and BAL receive rewards from the Polygon Stablecoin Pool Incentive Program. In return for adding liquidity, providers will receive BAL, TUSD, and MATIC
Balancer Protocol, the leading platform for programmable liquidity, and the WSBDApp, the blockchain-based trading platform connected to the iconic WallStreetBets grassroots movement, announced today a strategic collaboration to launch WSBDApp’s novel exchange-traded portfolios (ETPs) on Balancer V2. These decentralized portfolios align with WallStreetBets’ deep-seated belief in the “little guy” retail investor and aim to scale decentralized finance (DeFi) investing by hedging against inflation with a community-selected basket of fiat-linked crypto stablecoins, tokenized commodities, and crypto native assets. With portfolio compilation determined, voted upon, and rebalanced by the WSBDApp community, this initiative will further expand the possibilities of DeFi and increase crypto exposure to crypto-native and traditional investors alike.
The total cryptocurrency market capitalization is slowly climbing towards $2.4 trillion as we progress towards the end of Q3 2021. Week 35 has been all about smart contract blockchains since Ethereum (ETH), Solana (SOL), Polkadot (DOT) and even oracle provider ChainLink (LINK) all posted weekly gains of over 20%. Even though Bitcoin did climb up a few percent as well and is approaching a market cap of $1 billion, BTC dominance is still declining and will likely soon reach 40% if the downward trend continues. While it may not be enough to call it “altcoin season” just yet, the past month was, for sure, an “altcoin month”. It is therefore not surprising, that our Top 3 Coins to Watch article focuses on altcoins for the third week in a row.