Golden DeFi Daily | EOS project EMD is suspected of running away MakerDAO adds USDT and PAX as collateral for Dai

1. The total market value of DeFi: 13.886 billion US dollars

The rise and fall of the top ten currencies by market capitalization, Jinse Finance chart, data source CoinGecko

2. Trading volume on decentralized exchanges: $828 million

Top 10 DEX by trading volume Source: Debank

Golden Morning News | The central banks of Canada and Singapore use blockchain for currency swaps: 1. JPMorgan Chase and Microsoft cooperate on blockchain technology.

2. The World Gold Council responds to the DropGold movement: cryptocurrencies cannot replace gold.

3. Ethereum Foundation Researcher: Ethereum Proof of Stake will be completed on June 30.

4. Deputy Secretary-General of the Thai SEC: The amendment to the "Securities Exchange Law" allows the issuance of digital stocks and tokenized securities storage platforms.

5. CEO of London Stock Exchange: Blockchain technology can be used in processes such as issuing securities and settling transactions.

6. The central banks of Canada and Singapore use blockchain for currency swaps.

7. KPMG joined the Trusted IoT Alliance to promote the development of blockchain functions and trusted IoT.

8. Joseph Young: Investing in digital assets within 5 years seems like a reasonable timetable.

9. Diamond Standard releases invisible diamond commodities backed by real gemstones through the blockchain. [2019/5/3]

3. The total amount of loans on DeFi lending platforms: 1.38 billion US dollars

Golden Morning News | Putin ordered the implementation of cryptocurrency regulations before July AE will be hard forked at block 47800 on March 6, 2019: 1. Coinhive, an encrypted mining service company, will cease operations on March 8.

2. Gemini joined the British Telecom Radianz Cloud community.

3. ConsenSys cooperates with the International Trusted Blockchain Application Association.

4. Putin ordered the implementation of cryptocurrency regulations by July.

5. CoinDesk: The BHB project is suspected of falsifying team member information.

6. AE will be hard forked at block 47800 on March 6, 2019.

7. Netease's game "Tianyu" uses blockchain technology.

8. U.S. lawmakers sign four new blockchain bills including company stock tokens.

9. Chairman of the French AMF: Supports the optionality of the regulatory system for encrypted asset ICOs. [2019/2/28]

Analysis | Golden Disk: BBI Bubble Index: Golden Disk Comprehensive Analysis: The BBI Bubble Index showed 69 on August 24, indicating that the market has certain risks. The index has fluctuated lower since it peaked in March 2018, and has now returned to 17 level at the end of the year. [2018/8/24]

Borrowing ratio of each DeFi lending platform, charted by Jinse Finance, data source: Debank

4. Assets locked in DeFi: $7.95 billion

Top 10 DeFi Projects Locked Assets Ranking and Locked Volume, Data Source: Defi Pulse

Golden Finance News: Prime Minister of Slovenia: Slovenia welcomes the innovative development of blockchain technology. He declared that he hopes to position Slovenia as the most recognized blockchain development country in the EU. [2017/10/13]

1.EMD (Emerald)

According to information from Slow Mist District, the EOS project EMD is suspected to be running away. As of now, the project contract emeraldmine1 has transferred 780,000 USDT, 490,000 EOS and 56,000 DFS to the account sji111111111, and 121,000 EOS has been transferred to the changenow currency laundering platform. According to the main network deployment records, the project has upgraded the contract after its release. The SlowMist security team reminds that please do not continue to send funds to this project. At the same time, due to the popularity of DeFi projects, investors should pay attention to relevant risks when participating in EOS DeFi projects, choose projects that have been audited by security audit companies as much as possible, and pay attention to whether the authority of the project party is multi-signature. Due to the characteristics of EOS itself, it is very The multi-signature EOS contract account can transfer the funds in the contract.

2.YFII (second uncle)

On September 9, the YIP 6 proposal initiated by the DFI.Money (YFII) community: establishing an iToken system for the YFII smart pool was officially passed. With the launch of new products, UI and new stablecoin strategies, YFII will be upgraded to YFII 2.0. It is reported that iToken is the equity token of YFII’s core business Vault, which converts ordinary tokens deposited by investors into YFII Vault into interest-bearing tokens, and continuously improves the value of iToken through the automatic optimization of the income strategy of the Vault. At the same time, iToken complies with the ERC20 standard and can be used to combine with other DeFi products in a Lego style to generate more complex DeFi derivatives.

3. Sushi

Sushiswap officially released a new proposal at night, which aims to change the output of new Sushi and add a lock-up period to encourage participants to stay in the ecosystem for a longer time. Specifically: reduce production, from 100 SUSHI per block to: 50 SUSHI per block in the first and second years; 25 SUSHI per block in the third and fourth years; 10 SUSHI per block in the fifth year. In addition, 2/3 of the newly issued SUSHI has a lock-up period of one year. Locked SUSHI can still earn fees, but it cannot be sold or used for voting until it is unlocked. The proposal explains that Sushi's price inflation rate is too high now, which excessively dilutes the individuals who contribute to the ecosystem. This scaling is designed to reduce the release of Sushi while still rewarding liquidity providers. According to the proposed model, by the fifth year, there will be 600 million tokens instead of the currently planned 1.5 billion.

According to news on September 9, the SushiSwapDEX page has been launched and now supports 20 currencies. Note: SushiSwap multi-signature witness voting will end at 10:00 p.m. on September 9. Migration will take place after 22:10:32 on September 9th, Beijing time.

4. Swerve

On September 9, the Curve fork project Swerve officially tweeted that the community has launched a new proposal for SWRV (platform governance token), and the No. 2 vote combined SIP-3 and SIP-5 to reduce transaction fees to 0.03%. Reduced the A-factor of the swUSD (liquidity token) pool to 100.

5. MakerDAO

According to official news, MakerDAO has added stablecoins USDT and PAX as collateral for Dai through an executive vote. Now, users can open the Maker vault to mortgage USDT and PAX to generate Dai through Oasis.app. At the same time, the executive vote also raised the debt limit of mortgaged WBTC to borrow Dai from $80 million to $120 million; increased the basic stable interest rate from -6% to -2%; and added Argent and MyCrypto wallets as Maker oracle machines to publicly feed prices square.  

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