Investors need to understand that there's a wide spectrum of stablecoins with varying degrees of risk. The same goes for DeFi protocols.
If you're part of a protocol that provides liquidity to an exchange, the loss from the difference in price comes from the yield-farming pot. Malka pointed to the hack earlier this year of Wormhole, a bridge that links ethereum to solana's blockchain. First, get familiar with a metric called total value locked, or the sum of all staked crypto assets within a protocol that are earning yields. Malka said that, generally, anything above $1 billion in TVL is going to be very safe, indicating that massive funds deposited their money in the protocol after doing their research. So if it fell to $0.75, they can't actually take dollars out of the bank account and go buy it back up to $1." Hannes Graah, the founder and CEO of Gro, a company that creates products that combine DeFi and traditional technology, says a project must provide utility to be sustainable. Somehow if there's a lot of selling on USDC and it drops to, like, $0.97, they can literally take money out of their bank account and go buy USDC back up to $1. So that's an example of a temporary depegging," Malka said. He has a cost basis — or original value — of about $777,800 on yield farming since October 24, 2021, according to a screenshot of his account on Koinly, a crypto tax tracker. Tony Dhanjal, the head of tax at Koinly, viewed both documents and said that DeBank's overall value was an accurate reflection of his portfolio's value. The video shows him weaving in and out of the protocol using tundra paired with a crypto called wrapped AVAX. He would dump his bag every time he noticed high selling pressure. First, he claimed to have earned about $14,000 worth of tundra, the platform's native cryptocurrency, in an hour. Frost Finance was offering outrageous APRs of 37,000% to 47,000% at the time of his recording.
CAMDEN Co., Mo. (KMIZ). A man is in the hospital after a car hit another in Camden County Sunday because they failed to yield. The crash happened just after ...
One car failed to yield to another car when attempting a left-hand turn. A man is in the hospital after a car hit another in Camden County Sunday because they failed to yield. Cars collide Sunday in Camden County after one failed to yield; sends man to the hospital
The study Genomic selection and genetic architecture of agronomic traits during modern rapeseed Breeding published in Nature Genetics, follows a four-year ...
“Taken together, our study revealed a landscape of genomic variation for diverse varieties and artificial selection or adaptation during rapeseed breeding. Working together, the research team unravelled the genomes of 418 diverse rapeseed accessions from different geographical locations representing global genetic diversity. The study Genomic selection and genetic architecture of agronomic traits during modern rapeseed Breeding published in Nature Genetics, follows a four-year collaboration between the scientists from Australia, China and the United States.
Mission Bhagiratha and the Kaleshwaram project account for a major chunk of bank guarantees given by the state government for raising loans.
The Centre now wants to treat the overall off-budget borrowings as part of state government debt and allow auction of bonds in the open market to raise fresh loans in 2022-23 only for the remaining portion of its eligibility as under the FRBM Act, which makes it clear that state’s debt burden should not exceed 25 per cent of its GSDP. account for a major chunk of bank guarantees given by the state government for raising loans. Water from both projects is supplied free to the users.
Gold edged up on Monday from a more than three-month trough hit in the previous session, as lower U.S. Treasury yields kept demand for zero-yield bullion ...
Register now for FREE unlimited access to Reuters.com "But it's not looking great for gold bugs right now. Register now for FREE unlimited access to Reuters.com Register now for FREE unlimited access to Reuters.com
The writer has always resisted deity worship but she found her senses sparking at the British Museum's gripping show about female superbeings – one wearing ...
Feminine Power belongs in a splendid line of British Museum explorations of the sacred, with Grayson Perry’s The Tomb of the Unknown Craftsman in 2011 an outstanding example. But overall, Feminine Power spreads a feast of objects both precious and popular, ancient and new: it has something of the character of a cabinet of curiosities. It may also contain a dose of wishful thinking, as Feminine Power overlooks inherently troubling aspects in the interest of civility and inclusiveness. Some of the most exquisite art appears here: a wonderful miniature of talismanic calligraphy gives the full Surah Maryam, the Quranic story of the birth of Jesus; an image of the Madonna of Guadalupe – enveloped in a radiant scarlet aureole and green mantle – is made, if you look closely, entirely in minute straws laid side by side. Men’s interest in these manifestations of the feminine is not inquired into. The power of this image is reawakened in the next section, Magic & Malice, where Kiki Smith’s bronze sculpture of Lilith hangs high on the wall. In some cases, a finer object could have been chosen to illustrate the point: John William Waterhouse’s maidenly Circe only feebly conveys that founding sorceress’s magic. In the second, Love & Desire, the famous tablet of Ishtar-Inanna from the museum’s own collection shows the goddess full frontal, with eagle’s talons for feet, lions underfoot and a sentinel owl on each side. This is not the case: in Justice & Defence, the terror of Kali beams out from the huge effigy of the goddess, which the museum commissioned from Indian artist Kaushik Ghosh. Made in the bright daylight of India, this ferocious and garish apparition, with her lolling scarlet tongue, the slick of blood on her raised sword, as well as the dumpy doll-like Shiva pinned down under her trampling feet, could appear histrionic and might arouse horrid laughter if it weren’t displayed next to a real weapon, an impressively long 19th-century iron “sword-axe” with the all-seeing eye of Kali, from whom no wrongdoer is safe, incised on its surface. It would be a duller show and its narrative soapier if the negative stereotypes were all rehabilitated. Feminine Power: The Divine to the Demonic, a new show at the British Museum, gathers together an exhilarating array of goddesses, sorceresses and demonesses from living religions as varied as Tibetan Buddhism and Wicca, jostling side by side with cult objects from antiquity all over the globe. In the first section, Creation & Nature, a video follows vodun-like ceremonies held in high summer in honour of Oshun, the Yoruba goddess of fresh water and healing.