In a move that may disrupt the stablecoin market, Aave, the leading money market protocol, is poised to create a fully collateralized stable token called GHO.
Bancor TVL Drops 30% After Suspending Protection from Impermanent Loss
Total value locked (TVL) in Bancor, one of DeFi’s first decentralized exchanges, has plummeted 30.2% since the protocol paused impermanent loss protection on June 19, according to data from The Defiant’s newly released chart feature.