Search results for defi

  • Midas.Investments Aims To Bridge The Gap With CeDeFi Strategies

    Crypto investment platform Midas Investments has reported that it has created an infrastructure that is designed with built-in, automated tools and strategies that don’t require investors to master the nature of trade within the volatile decentralized finance market. Traditional CeFi refers to centralized finance mechanisms such as crypto lending and borrowing, which have been used to generate moderate passive yields for investors from as far back as 2016. Contrary to DeFi, CeFi is different in that security measures are strict and investor activity is closely regulated by measures like KYC/AML. Human involvement is also vital, being pertinent to network processes, as established on original platforms like CeDeFi bridges the gap between the centralized and decentralized finance worlds. Midas Investments reports that it is built upon a similar model as CeFi platforms like Nexo and combines it with algo and DeFi strategies together to offer hybrid yields strategies for investors. Decentralized finance is developing rapidly and a growing belief shared by many industry insiders is that centralized finance offers synergistic assistance.  Midas integrates both CeFi and DeFi for innovative investment options An increasing number of traditional finance and banking institutions have looked to interact with both CeFi and DeFi strategies, as cryptocurrency becomes more of a household concept. Many institutional and retail investors alike, look to security as an important factor that strongly influences investment decisions ultimately. Much due to a lack of human oversight into processes, DeFi is difficult to embrace for many because of this desire for heightened security due to the trustless nature of trading and all DeFi network activity. Alternatively, centralized finance relies upon human involvement to assist in normal network processes. Midas Investments says it takes an innovative and fresh approach by combining CeFi and DeFi techniques, automating investment strategies using a hybrid CeDeFi model. The Midas team of professionals comes into play similar to the model seen in centralized finance. What Makes Midas Investments Different? The Midas evolving hybrid CeDeFi investment platform is reportedly supported by a team of more than 40 qualified team members to accomplish its core mission, to generate hedged yield streams through existing digital strategies for consistent passive income. The Midas team says it uses a combination of market experience and tools founded upon algorithmic infrastructure and 24/7 portfolio management. Currently, Midas does this through three distinct investment strategies. Fixed yield strategies are the foremost investment strategy, in which investors earn industry-leading yields on individually staked cryptocurrency assets. APY (Annual Percentage Yield) on staked Bitcoin ranges from 9-12.1%, the highest amongst custodial crypto investments platforms. Ethereum is over 10%, while fiat-backed stablecoins USDC and Tether are over 14% APY. Midas Boost is an extra incentive that reportedly activates higher yields for receiving payouts in $MIDAS, the network coin. The second popular strategy is a Yield Automated Portfolio or YAP. YAPs are baskets of crypto assets grouped together by type and performance, similar to ETFs in traditional finance. DeFi and Stable YAPs are the two YAPs offered on Midas. Stable YAPs are centered around stablecoins and DeFi YAPs consist of a basket of 8 decentralized finance protocols. YAPs automate a monthly rebalancing to evenly redistribute ROI to maximize yields. The third investment strategy is Complex DeFi Strategies, a newly evolving concept that will give investors medium to higher risk options to further diversify portfolio performance. The Midas team has also recently grown, adding key members like an experienced DeFi analyst and also an Asset Manager from the traditional finance sector who managed over $2 billion in assets with deep experience in building DeFi, and an ex-CEO of a major IT enterprise with over 15 years of management experience. The newly filled positions are additions that Midas hopes will help further grow as an evolving, leading CeDeFi platform. How Midas Hedges and Offers Additional Security In addition to the platform function already explained, Midas reports that it has a vast network of backend processes that work to hedge and protect the front-end investment options presented to individuals for significant yield opportunities in a volatile crypto market. DeFi has become of greater interest to investors, many of whom are waiting to enter the space in hopes of common significantly higher yields than anticipated and realized in traditional finance and fully CeFi platforms. Midas digital ecosystem is reportedly protected by integration with a highly secured Fireblocks crypto custody and transfer platform. FireBlocks offers commercial-grade digital security for stored custody assets. Besides its industry-standard security, the technological infrastructure supporting the FireBlocks platform works to help automate processes, like YAPs monthly rebalancing. FireBlocks assists the treasury of Midas investment strategies with notable boosts in security and efficiency. As a DeFi liquidity provider, Midas says it uses several yield generation protocols, including liquidity providing, loans, multi-protocol strategies and algorithmic tools as a hedging mechanism in place. Detailed information on exactly how Midas generates yields is available in full at Midas Investments wiki page. The Midas Investments platform aims to implement an innovative grouping of protocols and investment options that resonate with the vision of CeDeFi and come together to present optimized trading and investing model that takes the best part of centralized and decentralized finance to benefit its 10,000 plus active users and $300 million in TVL. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. © 2022 Benzinga does not provide investment advice. All rights reserved.

  • Bridges Exchange Built to Clean Up The Wild West Nature of DeFi

    DeFi problems are becoming larger in scope and more frequent in nature. The Bridges Exchange team wants to help clean ...Read More...

  • Synapse Network Jumpstarts DeFi Companies Using Its Business Tech Solutions

    Synapse Network will help launch new DeFi products and services in the blockchain industry. The firm is currently working on ...Read More...

  • Bitcoin, Ethereum Fall, Dogecoin Defies Gravity: Analyst Sees No Strong Crypto Buyers Ahead Of Fresh Week

    Bitcoin and Ethereum traded lower, but Dogecoin spiked on Sunday evening, as the global cryptocurrency market cap declined 2.3% to $942 billion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -2% 2.9% $21,052.35 Ethereum (CRYPTO: ETH) -3.2% 7.3% $1,203.12 Dogecoin (CRYPTO: DOGE) 8.8% 24.5% $0.07 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Dogecoin (DOGE) +8.8% $0.07 ApeCoin (APE) +4% $4.73 Ethereum Classic (ETC) +2% ​​$16.9 See Also: How To Get Free NFTs Why It Matters: Bitcoin and Ethereum slipped into the red as the S&P 500 and Nasdaq futures fell 0.5% each at press time. The two largest coins saw muted volumes owing to the weekend. In contrast, Dogecoin soared with 24-hour trading volumes surging 113.1% to $908.65 million, according to CoinMarketCap data.  Data from the price-tracking website indicated that the meme coin was the best performing cryptocurrency intraday at press time. The bounce in DOGE came after the coin broke up bullishly from a double inside bar pattern and continued a solid uptrend on which it has been treading since it bounced off heavy support at the 5-cent mark on June 18, according to Benzinga’s Melanie Schaffer. “Bitcoin is still not matching the gains seen with equities as sentiment remains depressed. The selling pressure might be easing, but strong buyers are not yet emerging,” said Edward Moya, a senior market analyst with OANDA in a recent note, seen by Benzinga.’s “Crypto Fear & Greed Index” flashed “Extreme Fear” at press time. Investor sentiment remains unchanged from last week.  Although the value underpinning the index has risen from 9 to 12 in the period. A value of 0 means “Extreme Fear,” while a value of 100 represents “Extreme Greed.” Over the weekend, cryptocurrencies showed some resilience. Cryptocurrency trader  Michaël van de Poppe noted the movement and tweeted, “Standard weekend fake-outs happening and probably ending at CME close at $21.1K for [Bitcoin].” The analyst said there was no clear breakout above $21,600 for the apex coin at this point yet.  Standard weekend fake-outs happening and probably ending at CME close at $21.1K for #Bitcoin. No clear breakout above $21.6K at this point, yet. — Michaël van de Poppe (@CryptoMichNL) June 26, 2022 Justin Bennett said the cryptocurrency market is breaking support or looks ready to do it. He noted the upswing and said the market had a “small fakeout” above the $940 billion market cap.  “I doubt this holds much longer,” said the cryptocurrency trader in a recent tweet.  Everything is either breaking support or looks ready to.$TOTAL with a small fakeout above $940B. Now weighing on channel support. I doubt this holds much longer. $BTC $ETH — Justin Bennett (@JustinBennettFX) June 25, 2022 Ethereum is seeing a bout of profit-taking after a mid-sized bounce, said Santiment. The market intelligence platform tweeted that the whale activity in the second-largest coin was low and they were not the source of the uptick. #Ethereum is enjoying a nice weekend rise, and the #2 market cap asset's price is now up +30% in the past week. It appears there is quite a bit of profit taking on this mid-sized bounce, and the low whale activity indicates it isn't coming from them. — Santiment (@santimentfeed) June 25, 2022 Read Next: JPMorgan Says This Is The 'Fair Value' Of Bitcoin: Why Analysts Say BTC Is Going 28% Higher © 2022 Benzinga does not provide investment advice. All rights reserved.



  • Recap: DeFi Week of June 19

    It was a tale of two crypto worlds this week. One was engulfed by anxiety, threats, and a lot of ghosting.

  • DeFi Coins that have Productive Features: CashFi (CFI), Stacks (STX), and Loopring (LRC)

    As the cryptocurrency market matures, more coins are being introduced with unique features that set them apart from the rest. In this blog post, we will take a look at three such coins – CashFi (CFI), Stacks (STX), and Loopring (LRC). Each of these coins has specific productive features that make them worth considering for investment. Let's take a closer look at each one. Continue reading DeFi Coins that have Productive Features: CashFi (CFI), Stacks (STX), and Loopring (LRC) at

  • DeFi Explained, Its Future, And More @Tom Crown Live At @Dcentral Con

    DeFi Explained, Its Future, And More @Tom Crown Live at @Dcentral Con Panelists: @Taiki Maeda What is DeFi? Is DeFi Dead? What future does DeFi have? CHANNEL PARTNERS Market Cipher Use Code Crown ➡️ Phemex ➡️ 00:00 #defi #cryptocurrency #btc #crypto #bitcointoday #bitcoinlive Tom Crown Bitcoin BTC Cryptocurrency Crown Crypto (YouTube Channel) All analysis is opinion of Tom Crown. The content of my media are intended for general information purposes only. Nothing that I write or discuss should be construed, or relied upon, as investment, financial, legal, regulatory, accounting, tax or similar advice. Nothing should be interpreted as a solicitation to invest in any cryptocurrency, and nothing herein should be construed as a recommendation to engage in any investment strategy or transaction. Please be advised that is in your own best interests to consult with investment, legal, tax or similar professionals regarding any specific situations and any prospective transaction decisions. #cryptocurrency #bitcoin #altcoin #metaverse #altcoindaily #analysis #best #bestinvestments #ethereum #bitboy #bitcoinnews #bitcoinnewstoday #blockchain #bottom #bullrun #cardano #crypto #cryptocurrencyinvesting #cryptocurrencynews #cryptocurrencynews #media #online #cryptowendyo #dailybitcoinnews #dailycryptonews #decentralized #solana #ethereum #gains #invest #investing #market #news #nfts #podcast #price #rally #solana #topaltcoins #polkadot #xrp #google #metaverse #tomcrown

  • ⍺ DeFi Alpha: Set Sail On The Arbitrum Odyssey

    Set sail on the Arbitrum Odyssey in this week’s DeFi Alpha by yyctrader1 and DeFi Dad.

  • Axie Classic Season 21 has concluded! 💪 Congrats to the top players who earned AXS ☑️ AXS Rewards will be distributed after an anti-cheat review 💾 Classic will stay in offseason for an indefinite period of time 🚀 Axie Origin Phase 2 will include an AXS Alpha Leaderboard Event

    Axie Classic Season 21 has concluded! 💪 Congrats to the top players who earned AXS ☑️ AXS Rewards will be distributed after an anti-cheat review 💾 Classic will stay in offseason for an indefinite period of time 🚀 Axie Origin Phase 2 will include an AXS Alpha Leaderboard Event

  • Solend's Ticking DeFi Bomb Highlights Lack Of Decentralization

    Solend (CRYPTO: SLND), a decentralized finance (DeFi) lending and borrowing platform, recently highlighted the scarce decentralization most such projects face, as it tried to defuse a ticking bomb that might wreck Solana's (CRYPTO: SOL) DeFi ecosystem and its liquidity. What Happened: According to Solend governance proposal SLND1, approved three days before press time, a single whale had deposited 5.7M SOL (worth $170M at the time), equivalent to 25% of the protocol's total value locked (TVL), which was used as collateral to borrow $108 million worth of USD Coin(CRYPTO: USDC) and Tether (CRYPTO: USDT).  The user was also responsible for 95% of Solend's SOL deposits, and 88% of its outstanding USDC borrows. If Solana's price reaches a price of $22.30, the user's loan would be liquidated through the on-chain DeFi ecosystem, which will be unable to process it with its limited liquidity. The proposal claims that "letting a liquidation of this size to happen on-chain is extremely risky" and "could cause cascading effects."  See Also: How To Earn Free Crypto Systemic Risk This has been recognized as a systemic risk by Solend's team members, who proposed in SLND1 to set a liquidation threshold of 35%, instead of 20%, and grant emergency powers to the Solend Foundation to manually sell funds from such large orders on over-the-counter markets to avoid a system collapse.  The voter participation was not particularly high, with only 1.19% of SLND tokens being used to vote. Even more alarming was that over one million of the total tokens (nearly 85% of tokens used to vote) were held by a single user. Shortly thereafter, Solend's community submitted another proposal, SLND2, which would invalidate the previously-approved rule change, increase governance vote time to one day and start work on alternative measures to decrease the systemic risk. This proposal was approved on the next day with the participation of 1.49% of the total tokens. Lastly, on Tuesday the community approved SLND3: a proposal introducing a per-account borrow limit of $50 million, with anything exceeding this being eligible for liquidation regardless of other factors. The rule will be applied gradually, starting with a $120 million limit that will be decreased by $500,000 per hour. This proposal also temporarily reduces the maximum liquidation close factor from 20% to 1% to cap the amount that can be liquidated in a single transaction. Another temporary change is a reduction of the liquidation penalty for SOL from 5% to 2% to reduce liquidation spam while still providing market participants enough incentive to compensate for the slippage. Benzinga's Take: This debacle highlights the shortcomings of DeFi, especially when it comes to decentralization.  Unfortunately, the more complex a system is, the harder it is to automate it in a way that allows a completely hands-off approach with (nearly) no human intervention. Bitcoin's blockchain managed to move currency from one point to another for over 10 years with nearly no human intervention, with the notorious exception of 2010's value overflow incident.  Now, with complex DeFi ecosystems, unforeseen factors such as Solend's recent incident are more frequent, and giving complete control to prewritten code is often inadvisable. Even in instances where it can be completely automated, DeFi services can hardly be fully decentralized given their reliance on off-chain market data, which is imported through not-so-centralized oracles.  Without this data — which cannot be obtained natively on-chain — DeFi markets could trade at prices independent from their centralized counterparts and their limited liquidity would make them even more prone to market manipulation with relatively scarce capital. Of course, in the future, it could become possible for DeFi markets to operate without oracles after reaching liquidity levels high enough to expect market forces to stabilize their prices on their own. Until then, DeFi is a largely experimental industry that is growing fast and breaking things on its way to further growth and maturity — a phase in which we can hardly expect it to keep true to its purported decentralization. © 2022 Benzinga does not provide investment advice. All rights reserved.