3 Crypto buy for February 2021 | best cryptocurrency to invest in 2021 | top altcoins to buy now

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Inverse Finance seizes tokens, ships code: Launches stablecoin lending protocol

Shortly after culling its community of inactive members, one of decentralized financeโ€™s (DeFi) strangest experiments is launching a new stablecoin lending product. On Wednesday Inverse Finance revealed the Anchor Protocol, a money market built around DOLA, a protocol-native synthetic stablecoin. Based on โ€œa modified fork of Compound,โ€ in a blog post Inverse Finance founder Nour Haridy compares Anchor to Synthetix, which issues credit in the form of synthetic assets back by overleveraged collateral, and Compound, which issues credit in the form of crypto asset loans also backed by overleveraged collateral.…

Bitcoin Mining – Is It Profitable Yet? BTC Mining Profit

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