Partnership With Soneium

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...

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...

![Flare, a public chain, launches FAssets: Convert BTC, DOGE, etc. into ERC-20 Tokens with one click](https://s2.51bqz.com/d/file/defi/de3852ab57cb7c80ca533b7fd3976cf4.jpg

Total value locked in DeFi is approaching 2021 highs, driven by adoption of liquid restaking tokens (LRTs) and growth of Bitcoin-native layer 2 networks (L2s). Aggregate DeFi TVL has hit $134bn, marking a 150% YoY increase, though it still lags behind 2021's high of $170bn. EigenLayer's LRT protocol has lifted over $17bn in TVL and given rise to a family of LRT protocols. Lido has been DeFi's single largest TVL source, with around $40bn staked. Bitcoin (BTC) LSTs command upwards of $2.5bn in TVL and are growing rapidly.

#SOLV Buy Setup Round 2 huge potential #BTC##ETH##solv #