ברוכים הבאים צו פינאַנסע רעדעפינעד, דיין וויקלי דאָזע פון שליסל דיסענטראַלייזד פינאַנצן (דעפי) insights, a newsletter crafted to bring you some of the major developments over the last week.
This past week, the DeFi ecosystem saw Axie Infinity’s Ronin bridge relaunch with a fully backed 1:1 Ether (עטה) nearly three months after the infamous $600 million hacks.
MakerDAO plans to invest $500 million into United States Treasurys and bonds to weather the ongoing bear market. Polkadot (DOT) announced that they would transform their governance model to move towards complete decentralization. While decentralized autonomous organizations (DAOs) are seen as the future of governance, a recent study shows less than 1% of all holders have 90% of the voting power in DAOs.
The top 100 DeFi tokens again plunged into a sea of red after showing some fightback last week. The majority of the top-100 tokens registered double-digit losses over the past week.
שלאַכט-פאַרגליווערט ראָנין בריק צו אַקסיע ריאָופּאַנז נאָך $ 600 מיליאָן כאַק
Sky Mavis, developers of the popular play-to-earn (P2E) nonfungible token (NFT) game Axie Infinity (אַקסס) announced the relaunch of Ronin bridge on Thursday, three months after it was hacked for more than $600 million.
On March 29, 173,600 ETH and 25.5 million USD Coin (וסד) were drained from the bridge after hackers managed to gain access to private validator keys. The hack was ווערט מער ווי $ 620 אין דער צייַט.
According to the Tuesday announcement from the Sky Mavis team, the Ronin bridge is back online after three audits (one internal, two external), a new design and full compensation of the users’ stolen assets.
MakerDAO looks to invest $500M into ‘minimal risk’ Treasurys and bonds
MakerDAO איז דערווייַל אָפּשטימונג אויף אַ פאָרשלאָג אַימעד צו העלפֿן עס וועטער די בער מאַרק און נוצן אַנאַפּטיד ריזערווז דורך ינוועסטינג 500 מיליאָן דאַי (דאַי) stablecoins into a combination of United States Treasurs and bonds.
Following a straw poll in a governance Signal Request, the DAO members now must decide whether the dormant DAI should go entirely into short-term Treasurys or split 80% into Treasurys and 20% into corporate bonds.
דער גרינדער פון Polkadot אַנאַונסיז סטעפּס צו פול דיסענטראַליזיישאַן מיט נייַע גאַווערנאַנס מאָדעל
Polkadot and Kusama founder Gavin Wood announced that the blockchain’s governance model would undergo a new transformation. Dubbed Gov2, anyone would be able to start a referendum at any time for as many times as they wish in the new setup, similar to initiating new transactions אויף די בלאָקקטשאַין.
Thereafter, the pending referendums need 50% of the vote from stakeholders within 28 days’ time for approval or face rejection by default. Participants can also intervene and launch timely cancellation proposals, which require similar voting procedures in the event that technical glitches are discovered within the referendums themselves.
ווייניקער ווי 1% פון אַלע האָלדערס האָבן 90% פון די אָפּשטימונג מאַכט אין DAOs: באריכט
A recent report from Chainalysis analyzed the workings of ten major DAO projects and found that, on average, less than 1% of all holders have 90% of the voting power. The finding highlights a high concentration of decision-making power in the hands of a selected few — an issue DAOs were created to resolve.
די קאַנסאַנטריישאַן פון באַשלוס-מאכן מאַכט איז געווען קענטיק מיט די סאָלאַנאַ (SOL)-באזירט לענדינג DAO Solend. די סאָלענד מאַנשאַפֿט געפרוווט צו נעמען איבער אַ וואַלפיש ס חשבון און ויספירן די ליקווידיישאַן זיך דורך איבער-דעם-טאָמבאַנק (אָטק) דעסקס צו avoid cascading liquidations across the decentralized exchange (DEX) books.
דעפי מאַרק איבערבליק
Analytical data reveals that DeFi’s total value locked registered a minor dip from the past week, falling to a value of $54 billion. Data from קאָינטעלעגראַף מאַרקעץ פּראָ and TradingView shows that DeFi’s top-100 tokens by market capitalization showed high price volatility and the majority of them traded in red over the past week.
קאַמפּאַונד (קאָמפּ) was the only DeFi token in the top 100 to register a weekly green with a 2% surge over the past week. The rest of all other DeFi tokens in the top 100 showed an overall bearish momentum dipping in double digits.
דאַנקען פֿאַר לייענען אונדזער קיצער פון די מערסט ימפּרעסיוו דעפי דיוועלאַפּמאַנץ פון די וואָך. תאריך אונדז ווייַטער פרייטאג פֿאַר מער מעשיות, ינסייץ און בילדונג אין דעם דינאַמיקאַללי אַדוואַנסינג פּלאַץ.
Source: https://cointelegraph.com/news/battle-hardened-ronin-bridge-reopens-following-600m-hack-finance-redefined