With FTX Collapsing,ย Decentralized Protocols Are on a Winning Spree
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DeFi Slate Fam:
The hype around GMX has been notable. The Blueberry community have rallied behind the team and is now becoming a force in DeFi, representing an insane amount of fee generation in general AND establishing Arbitrum as a realistic option for DeFi users.
Its good. Its really good in the midst of FTX collapsing. Decentralized protocols will win out from here onward.
However, they donโt come with their own inherent pros and cons (risks). We spoke with โFreddyโ from the team to discuss the upcoming launch of synths and other key points the community should know about.
We enjoyed this. Cheers to you guys still here.
Cheers,
Andy
๐ Together with:
Itโs officially time to start testing the first version of Synonym. Break things, provide feedback, and of course, get rewarded.๐๐ฝ Here
Off-chain governance. On-chain execution.ย Optimistically execute governance transactions on-chain where your community can approve them. Check it out Here!
The Rollup Report ๐ฐ๐๐
โ ๏ธ DISCLAIMER:ย Investing in cryptocurrency and DeFi platforms comes with inherent risks including technical risk, human error, platform failure and more. At certain points throughout this post, we might get a commission for promoting certain projects, if this is the case we will always make sure it is clear. We are strictly an educational content platform, nothing we offer is financial advice. We are not professionals or licensed advisors.
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