New DeFi Lending Platform Promises Safe, Sustainable, Consistent Returns
Market volatility is a persistent concern among cryptocurrency investors. Wild price swings across the market from day to day are the expectation as opposed to the exception. …
Amplify is a decentralized web3 application that aims to transform the global economy by introducing a decentralized system of trade financing that sustainably and consistently generates high yield returns for our token holders and our liquidity providers. See how our platform can benefit you.
As our development team moves into…
Another edition of our weekly report — bringing you the top stories in the DeFi game! The decentralized ecosystem hasn’t been this sideways in some time! DeFi’s total value locked (TVL) is currently $55.24B, just barely down from the $55.73 TVL we saw at this point last week.
Eugene — CEO @Amplify.
Jack — Head of Risk Mgmt @Amplify.
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How is DeFi devouring traditional finance?
It’s true that DeFi is transforming the financial sector. As a result, traditional financial firms such as major banks and hedge funds have been scrambling to achieve greater exposure within the space. With some central banks even beginning to warm up to the idea of CDBCs and stablecoins. It seems evident that the ideals and principles of the blockchain community are gaining more acceptance amongst traditional firms, possibly as an inevitability of their continued existence.
Disruptionbanking.com has published a huge article about how DeFi disrupts the market, and we are excited to share it with you: https://disruptionbanking.com/2021/07/06/how-is-defi-eating-traditional-finance
Also, check out www.ampt.tech to explore our high yield/low risk liquidity mining pools and staking opportunities.
Amplify, the sustainable defi platform.
We continue our weekly tradition of publishing main stories in the DeFi market! DeFi is showing a bit of renewed strength lately, with the total value locked (TVL) in the ecosystem having risen from $52.94B to $55.73B since last week. …
Advancing Bitcoin and Ethereum on the Global Economic Stage
You know that we often share interesting articles and posts with you. Today is exactly that day! We would like you to read a Bloomberg article about the advancement of digital assets in the world!
The reporters looked at the most popular assets: BTC and ETH. Bitcoin has crossed the Rubicon of legitimization and is likely in the early days of joining the 60/40 portfolio mix. №2 by market cap — Ethereum — has won the adoption battle as the go-to platform for crypto tokens, decentralized finance (DeFi) and exchanges (DEXs). The mantra appears to be: “Adopt and embrace the advancing technology, or become the next Kodak, Sears or Blockbuster.”
Main Stories This Week
We continue our weekly tradition of publishing main stories in the DeFi market! And we have great news: DeFi’s back on the mend, at least acutely, as the decentralized finance ecosystem saw its total value locked (TVL) climb from $48B to $52.94B since this time…
Today’s article will be a serious one, since we wanted to touch upon the technical side of AMPLIFY. Perhaps you have already heard about our plans to deploy AMPLIFY on Polygon, which has a network token MATIC. Polygon is built on top of Ethereum, which is what makes it a…