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Monday

20 September 2021

Finance Redefined: DeFi’s $4M lobsters and Solana gaming, Sept. 6–10

Finance Redefined: DeFi’s $4M lobsters and Solana gaming, Sept. 6–10


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For a comprehensive summary of DeFi’s developments over the last week — delivered to your inbox quicker than a food delivery order in lockdown — subscribe below.

A Solana-based agricultural simulation game called DeFi Land, designed to support players’ education in the DeFi markets, successfully raised funds of over $4 million this week.

Caitlin Long, CEO of regulated Wyoming crypto bank Avanti, defended DeFi this week when sharing her perspective on a New York Times publication that allegedly contained numerous falsifications on the moral transparency of DeFi platforms.

Analytical data reveals that DeFi’s total value locked (TVL) is down 10.2% from last week to $118.21 billion — a decline paralleling the entire market’s pullback.

Thanks for reading our dissection of DeFi’s biggest developments this week

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