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Showing posts with the label liquidity

DWF Labs introduces Web3 options trading

DWF Labs, a Web3 market leader, has introduced options trading on Web3 assets, as reported to Finbold on Thursday, October 17. The addition underscores DWF Labs’ dedication to developing advanced, comprehensive trading solutions. DWF Labs traders can now hedge their positions New options trading Features are expected to meet the demand for sophisticated risk-management tools and versatile trading strategies.  Picks for you Andrew Tate's crypto token surges over 100% in a month 16 hours ago Bullish chart alert: Is Silver set for another rally? 16 hours ago Crypto trader turns $80k into $2 million in 6 days ...

Binance CEO CZ On Lessons From LUNA Crash, BTC Drop

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CZ Looks Back On LUNA Crash CZ tweeted this morning with Bitcoin ’s price movement history: advertisement A year ago today, UST/LUNA crashed. $40 billion in value gone. BTC went from 28k to 19k. A few lessons can be learned. While the LUNA crash happened a year ago, the lessons learned from it are still relevant today. In the wake of the crash, CZ pushed for transparency and user protection, stating that Binance would let the Terra project team compensate retail users first, with Binance being compensated last, if at all. This reflects the industry’s current efforts to increase liquidity and protect users from losses. Trending Stories LUNC Price Analysis Plots a 10% Rise this Week, But There’s a Catch 24/7 Cryptocurrency News Bitcoin Price Analysis : Multiple Resistances Put BTC Price Under 10% Downside Risk 24/7 Cryptocurrency News SUI Price Analysis : Bear Trap Plots a Quick 8% Jump in SUI Price;...

Liquid staking tokens to fuel the next DeFi boom

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Liquid staking tokens are poised to drive the next wave of DeFi adoption, offering users increased rewards and opportunities in the wake of Ethereum’s Shanghai upgrade. The decentralized finance (DeFi) space has been in correction mode, its current TVL of $50 billion representing less than a third of its peak in late 2021. The good news is that the market is preparing for another wave of DeFi adoption, primarily thanks to liquid staking tokens (LSTs), which have become the second-largest DeFi sector after decentralized exchanges (DEXs). LSTs revolve around the Ethereum ecosystem, enabling Ether (ETH) stakers to benefit from yield farming opportunities while their ETH tokens are locked to maintain the network that recently upgraded to a proof-of-stake (PoS) consensus mechanism. Liquid staking protocols provide users with LSTs in exchange for their locked ETH based on a 1:1 ratio to let them explore DeFi use cases during the staking process. Some protocols call these substitute tokens “...