Today in DeFi - Galaxy DeFi, PooTogether, And More...
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Galaxy DeFi
Galaxy Digital, a publicly traded financial firm, has announced its Q3 Financial results, and also revealed that it has made investments into two DeFi-related funds: ParaFi Capital and Robot Ventures. Find out more in the press release.Is there a solution to this kind of issue? Hayden Adams of Uniswap points out that the TWAP price oracles of Uniswap v2 don’t suffer from this.
Poo Together
PooTogether, a light-hearted take on PoolTogether has just revealed details of its product. Similar to PoolTogether, a no loss lottery, PooTogether will use pooled interest from users’ yUSD deposits to buy a shitcoin and distribute it to the lucky winner.
Yes, there will be a governance token, appropriately named $POO.
Uniswap Rewards End
Uniswap LP rewards end today, Nov. 17 12am UTC.
YFI Operations Funding Passed
A proposal to help fund Yearn Operations which may use treasury funds to buy back YFI has passed. This is aimed to make Yearn finance a more sustainable operation and reward key contributors.
YIP 54 is one of 4 significant YIPs passed recently. Find out more in the latest Yearn newsletter.
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Disclaimer: Projects or tokens mentioned in this newsletter are often experimental or unaudited. Do your own diligence before using or buying anything mentioned