DeFi Weekly Updates — 2021/6/28

Jay-Z Auctions Reasonable Doubt NFT at Sotheby’s / Citibank launches Digital Asset Unit /Compound to replace Coinbase Pro with Chainlink / Anyswap is live on Arbitrum / Venus V3 Roadmap is Out

Static image of Heir to the Throne by Derrick Adams, Courtesy Sotheby’s

Quote of the Week

From Ryan Selkis, Founder of Messari:

twitter of Ryan Selkis

From Marc Zeller, Integrations Lead, Aave:

Twitter of Marc Zeller

From Andre Cronje, Founder of Yearn Finance:

Tweet of Andre Cronje

Highlights of the Week

Jay-Z Auctioning Reasonable Doubt NFT at Sotheby’s

On June 25, 1996, JAY-Z unleashed his platinum-plus debut album Reasonable Doubt. From 25 June — 2 July, Sotheby’s and Roc Nation will celebrate the 25th anniversary of Reasonable Doubt with Heir to the Throne, a distinctive and original artwork created by renowned artist Derrick Adams and presented as a one-of-one NFT.

Citibank Enters Crypto Space, Launches Digital Assets Unit

More institutional interest to the crypto market as Citibank launches the digital assets unit. The new unit, the Digital Assets Group, will be within Citi Global Wealth Investments, its wealth management division, according to The Block.

Compound to replace Coinbase Pro with Chainlink

Proposal 047 by @getty_hill

  • switches the protocol price feed to an updated Uniswap-anchored view:
  • Replaces Coinbase Pro with Chainlink
  • Reduces anchor from 20% to 15%
  • Community multi-sig given fail-safe

Anyswap is live on Arbitrum

Anyswap is live on Arbitrum!

Arbitrum is a layer 2 optimistic rollup scaling solution that offers faster latency, higher throughput, and gas fees up to 270 times lower than that of Ethereum. It’s been live on testnet since October 2020. Anyswap is a fully decentralized cross-chain swap protocol, which enables any blockchain which uses ECDSA or EdDSA as a signature algorithm…

Venus V3 Roadmap is Out

Venus is a decentralized finance (DeFi) algorithmic money market and synthetic stablecoin protocol exclusively on Binance Smart Chain.

Bringing Crypto to the Main Street of Southeast Asia. You can also find us at https://www.coinomo.com