DeFi Daily News,September 22nd, 2020

1.According to the ChainNews, the DeFi project Yam Finance announced the first rebase statistics: 1. The yUSD pool increased to 571,000 US dollars to the vault; 2. 5710 US dollars were donated to public goods through Gitcoin; 3. YAM balance increased By 2.49 times. Chain Wen previously reported that the first rebase of Yam Finance was carried out at 4 o’clock on September 22.
2. Bitcoin and ether both dropped Monday as global markets conducted a selling session. Bitcoin (BTC) trading around $10,492 as of 20:00 UTC (4 p.m. EDT). Slipping 3.6% over the previous 24 hours, which trading range was between $10,179 and $10,994.
3. The DeFi Token Price Index DeFi Pulse Index (DPI) has fallen more than 18% in the past 24 hours. At present, the number of addresses for the DPI index trading strategy is 959, the total market value is close to 1.21 million US dollars, and the historical maximum drawdown is 25%. Set Protocol, a decentralized asset management protocol, and DeFi Pulse, a real-time data analysis platform for DeFi, launched the DeFi Pulse Index (DPI) on the Set Protocol asset management automation platform TokenSets, which is composed of the top 10 most popular DeFi project tokens on Ethereum. They are LEND, YFI, COMP, SNX, MKR, REN, KNC, LRC, BAL, and REPv2. The calculation method is weighted average.
4. According to data from DeBank, the total lock-up value of the decentralized transaction protocol Uniswap exceeded US$2.2 billion, setting a historical record. At the same time, the total lock-up volume of the DeFi project also exceeded the historical record of more than US$11.35 billion. Uniswap is currently the project with the highest total lock-up volume among all DeFi projects, leading the second-ranked Maker by about US$500 million, while SushiSwap’s total lock-up volume is about US$500 million.

English:
Telegram-en/ONEROOT network/R1 protocol/Reddit/Twitter/Medium/Linkedin/Facebook/Github
Instagram: @onerootnetwork
Youtube: @OneRoot Project
Chinese:
Telegram-cn/Weibo
Official QQ group: 6644849O
Official WeChat account: oneroot_admin