DeFi Weekly Update 2021/6/21
What happened to Titan? / MakerDao executive proposal/ Instadapp announces INST governance is live on Ethereum mainnet / The long-anticipated London upgrade ready for deployement on the Ethereum testnets
Ethereum and the crypto market continues to grow despite another week-long weakening of DeFi prices.
Quote of the Week:
From Anthony Sassano, co-founder of EthHub:
From Marc Zeller, Integrations Lead, Aave:
From Hayden Adams, Founder of Uniswap：
Headlines of the Week:
<Panic selling triggered evaporation of $2 Billion in value.>
“I got hit like everyone else,” Mark Cuban, owner of the Dallas Mavericks and an investor on ABC’s “Shark Tank,” tweeted Wednesday.
If this executive proposal passes, the following additions will be made to the Maker Protocol:
- The Flash Mint Module will be activated and authorized to flash-mint DAI.
If this executive proposal passes, the following changes will occur within the Maker Protocol:
Defi aggregation platform Instadapp announced the official launch of the governance token INST on Twitter on June 17. Users with positions in the MakerDAO, Compound, or AVE mainnet (including the Polygon chain) at the time of INST token launch are rewarded with a total of 11 million INST tokens airdropped based on the size of their positions.
The upgrade will first go live on Ropsten, at block 10499401, which is expected to happen around June 24, 2021.