This Week In DeFi – July 1

DAI Interest Rates 30 Day Avg. Jul 1 n47KPA

To the DeFi community,
This week, crypto exchange FTX is reportedly looking to acquire centralized lending platform BlockFi for a sum between $25 million and $50 million. Sources believe the deal is expected to complete by the end of this week, however BlockFi CEO Zac Prince has denied the $25 million figure and FTX has refused to comment on the deal.  FTX had already recently provided the distressed company with a $250 million loan to keep it afloat.
Lots of market rumors out there – I can 100% confirm that we aren’t being sold for $25M.
I encourage everyone to trust only details that you hear directly from @BlockFi.
We will share more w you as soon as we can.
— Zac Prince (@BlockFiZac) June 30, 2022

Code has been released for Compound III, a new and improved multi-chain version of the Compound lending protocol. There are several major changes in Compound III when compared to previous versions of the platform, including a single interest-earning base asset with all other as

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We współpracy z: https://defirate.com/this-week-in-defi-july-1/

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