The Web3 ecosystem came together to offer all possible help and aid to the victims of the Turkish-Syrian earthquake — one of the worst natural disasters in recent history.
Welcome to Financial Refined, your weekly insight into the most basic decentralized accounting (Defi)-a newsletter that provides you with key trends over the past week.
The Web3 community has gathered to raise awareness and support for disaster victims after a deadly magnitude 7.8 earthquake struck southeastern Mexico.
Starny Kuryakov, the founder of AAVE, shows that Sablecoins may prove to be an important factor in the larger selection of Defi. According to AAVE executives, creating a "payment layer" involving smooth code is likely to attract ordinary people to the field and eventually introduce them to Defi. On the other hand, S & P Worldwide rated that the Defi agreement could attract organizational enthusiasm if securitisation was properly addressed.
Venture capital firm Andreessen Horowitz (A16z) applied 15 million Uniswap (Uni) dynamic password network to vote against the deployment of Uniswap v3 on the jump wormbridge BNB chain. Web3 real estate developer Consensys has voted 7.03 million UNI to support its deployment in the BNB chain.
After the news that Kraken reached an agreement with the Securities and Exchange Commission (Securities And Exchange Commission) and gradually reduced its login password bets to provide services, the Defi sales market broke the continuous four-week upward trend. This settlement represents that the US Trading Center of the company's headquarters must shut down his betting service, which will be a critical juncture for ethernet place, as the upcoming Shanghai update will allow the ETH (ethernet) stock producer to withdraw his bet ETH.
Web3 community takes action against earthquake disaster in Turkey-Yemen unfortunately
An earthquake struck southeastern Turkey on the border with Yemen on February 6, killing more than 18000 people so far. The quake, with a magnitude of 7.8, is classified as a "big" earthquake disaster around the world, occurring on a 100-kilometer-long fault line.
Infrastructure in the region has been damaged, leading to a deadly humanitarian disaster in cross-border e-commerce. But the world responded quickly. On various social platforms on the mobile Internet, people have been raising money for local and international aid agencies to help people in the affected areas.
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The founder of AAVE indicated that the choice of Sablecoin may lead to the improvement of Defi.
At the 2023 StarkWare conference held at the Carmeli Theater in Tel Aviv, Africa, Staeni Kuryakov, founder of the Defi agreement AAVE, described some of the problems in the Defi interior space.
In a hearth chat titled "Defi: resilience to Global uncertainty," Rashev and Alex Vorster, executive editor of Cointelegraph, discussed a variety of topics, including how Defi compares risk with traditional finance and how its relatively stable risks lead to more Defi being chosen.
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Real world asset DEFI securitization creates credit risks and opportunities: s & P
Defi's test cases in the financial industry are likely to improve in the coming years as the new agreement tries to apply real-world asset securitisation, according to a new study by Standard & Poor's Worldwide rating Agency.
In a report entitled "Securitization Defi Agreement: credit risk Perspective", S & P pointed out that real-world asset equity financing is likely to be a key focus area for the future development of the Defi agreement. Although the area is still in its infancy, S & P outlines many of the benefits that Defi is likely to bring to securitisation, including reducing transaction costs, improving the clarity of the asset pool, reducing counterparty risk and enabling investors to pay and clear more effectively.
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The A16z network voted against the proposal to deploy Uniswap v3 on the BNB chain.
According to the Uniswap DAO community forum, the venture capital firm A16z voted against the final proposal to deploy Uniswap v3 on the BNB chain.
The governance proposal to deploy a new Uniswap iterative update on the BNB chain is through the 0x plasma laboratory, which means that the Uniswap community submitted on February 2, the previous Uniswap community approved by 20 million (80.28%) and boycotted by 4.9 million (19.72%) has passed the ambient temperature check. On Feb. 5, the venture capital firm used its 15 million Uni stake network to vote against the move.
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In the battle of venture capital, Conensys strengthened the vote of Ma Town for the proposal of Uniswap BNB chain transfer.
According to Tally, Web3, the maker of the popular MetaMASK digital currency wallet, Consensys, a real estate developer for infrastructure construction, cast 7.03 million votes for a proposal to deploy the v3 protocol of the decentralized exchange Uniswap in the BNB chain.
Venture capital firm Andreessen Horowitz vetoed the proposal, according to Cointelegraph. It is reported that the A16Z network, which has 55 million UNI dynamic passwords, voted against the move because it depends on jumping off the bug bridge. This venture capital firm then applies LayerZero as an interoperability agreement. LayerZero Lab, part of A16z's asset allocation, raised $135 million in a financing round in March 2022, valuing the company at $1 billion.
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Brief introduction of DEFI sales Market
Dissecting data show that Defi's total market capitalization has fallen back to $40 billion in the past week, with a transaction price of about $40.1 billion at the time of writing. Cointelegraph Markets Pro and TradingView statistics show that Defi's top 100 tokens are in the doldrums this week, with most of them bleeding in the past week and making double-digit declines on the weekly chart.
Thank you for reading the summary of the most influential Defi trends this week. Join us next Friday to get more short stories and opinion education in such a dynamic development space.