How to Manage & Revoke Gnosis Token Approvals
DEFIYIELD Blog
by De.Fi Security
6d ago
Gnosis is one of the most popular alternative Ethereum chains. With $300 million in TVL, there are yield farming, NFT, and social dapp opportunities for users to explore. However, while Gnosis is trusted as a best-in-class network, you must stay vigilant to avoid potential crypto rug pulls across the chain. Like any other permissionless blockchain, you’re only a few clicks away from a phishing scam or honeypot exploit. One of the most important keys to reinforcing your safety on Gnosis is understanding the approvals and permissions granted by your DeFi wallet. If you’re auditing your Gnosis ac ..read more
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De.Fi x EigenLayer, over 2 Million BURNED DEFI tokens, New Partnerships & MORE! – Early April Development Update
DEFIYIELD Blog
by De.Fi
1w ago
Two April weeks flew quickly, but we won’t stop achieving groundbreaking milestones with every day. Working without weekends our main goal stays without changes – protect the whole De.Fi Family with pioneering developments and expand De.Fi Ecosystem’s borders to cover more and more web3 space. Let’s dive into recent updates, that changed the general views on the Defi sphere.  De.Fi on EigenLayer We’re revolutionizing how De.Fiers engage with the Restaking ecosystem through our De.Fi SuperApp. Now fully compatible with Restaking services, our platform allows to explore and analyze top pro ..read more
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De.Fi: The Best Alternative to Zapper
DEFIYIELD Blog
by De.Fi
2w ago
As an investor in DeFi, keeping track of digital assets across various platforms and blockchains can be a daunting task. This is where portfolio trackers like Zapper come into play. However, while Zapper is a powerful tool, many users are looking for a Zapper alternative that offers more comprehensive features and enhanced security.  De.Fi is a premier choice for those looking for an alternative to Zapper, providing a wide array of functionalities that cater to the evolving multichain needs of DeFi users. What is Zapper? Zapper is a well-known DeFi tracker that allows users to manage thei ..read more
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De.Fi REKT Report: A Quarter in Review – Almost 415 Million Lost in Q1 2024
DEFIYIELD Blog
by De.Fi Security
3w ago
The first quarter of 2024 has concluded with an upswing in crypto market sentiment, marking another significant period for the decentralized finance (DeFi) ecosystem, both in terms of growth and the challenges it faces. DeFi continues to evolve rapidly, but with this pace of development comes an increase in the sophistication and frequency of attacks against the ecosystem. This report, compiled from data in the De.Fi REKT database, aims to more closely examine the key incidents that impacted the DeFi ecosystem over the past three months. Overview of Q1 2024 During Q1 2024, the decentralized f ..read more
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2,000,000 $DEFI burned, Major Partnerships, De.Fi AI Score & MORE! – Late March Development Update
DEFIYIELD Blog
by De.Fi
3w ago
March was the month of grand milestones: partnerships with large Tier-1 projects, approximately 2,000,000 $DEFI burned, and more groundbreaking achievements. This month was crucial in offering the experience that De.Fiers have never felt before. Let’s dive into the depth and look around cutting-edge updates. De.Fi Accelerator Last week, we took the wraps off of our upcoming De.Fi Accelerator –  a platform that will redefine the way of engaging with the web3 universe. If you’ve somehow missed this revelation, it’s time to tune in because you’re overlooking a masterpiece that’s shaping the ..read more
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Is Phantom Wallet Safe? – A Review of Solana’s Premier Wallet
DEFIYIELD Blog
by De.Fi Security
1M ago
As a cryptocurrency investor, security remains a top concern. This is especially true when selecting a digital wallet to store, manage, and interact with your assets. Among the many options available, Phantom Wallet has emerged as a popular choice for those in the Solana ecosystem, sparking questions about its safety, legitimacy, and features.  The default Phantom Wallet home screen This article aims to provide a thorough overview of Phantom Wallet, exploring its built-in security features, functionality, and overall usability as your portal to the world of Solana. Is Phantom Wallet Safe ..read more
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De.Fi Accelerator, 1 Million DEFI token burn & MORE! – Early March Development Update
DEFIYIELD Blog
by De.Fi
1M ago
Early March weeks were marked by grand milestones and updates. We are thrilled to share cutting-edge updates and dozens of partnerships with multi-million dollar companies. Our primary goal is to make web3 and Defi landscapes safer for each member of our De.Fi Family. It continues and brings a new level of experience to all De.Fiers.  De.Fi Accelerator (Launchpad) We kicked off March with the announcement of De.Fi Accelerator. This brand-new platform in our ecosystem will mark the start of a new era in defi and will be a new achievement that has been made in our history. We are building ..read more
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How to Invest in DeFi: A Comprehensive Guide
DEFIYIELD Blog
by De.Fi
1M ago
As the crypto bull market heats up, more investors seek to navigate the burgeoning world of decentralized finance (DeFi). This guide offers a detailed walkthrough of what DeFi is, the biggest DeFi apps, and a step-by-step approach to investing in DeFi.  Whether you’re considering your first DeFi investment or looking to expand your portfolio, this article will provide the essential knowledge needed. What Is DeFi? Decentralized Finance, or DeFi, represents a shift in the financial sector, leveraging blockchain technology to democratize finance. Unlike traditional banking, DeFi investing re ..read more
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DeFi REKT Report: Over $148 million Lost in February 2024
DEFIYIELD Blog
by De.Fi Security
1M ago
DeFi is growing quickly, and so do the threats and vulnerabilities facing the ecosystem. February 2024 is coming to a close, and has already provided us with critical insights into the prevailing trends in DeFi security, highlighting areas of concern and the persistent efforts of recovery. By analyzing the data from the De.Fi REKT database, we have put together some valuable insights to help investors strategize for better protection of assets within the DeFi space. Overview of February 2024 In February 2024, the DeFi sector witnessed a significant amount of activity with regards to security ..read more
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12,000,000 DEFI Burning, 200,000$ De.Fi Quest 2 Prizepool & More! (Late February Development Update)
DEFIYIELD Blog
by De.Fi
2M ago
Our journey within February 2024 in web3 space has been marked by groundbreaking updates, new major partnerships, increasing De.Fiers engagement and MORE! This month was essential for us in terms of providing a cutting-edge experience to each community member.  Let’s dive into the milestones we achieved in the last 2 weeks   DEFI Burning 12M ($3.5M worth of DEFI) We are pleased to announce that we will initiate the burning of 12,000,000 DEFI tokens, equating to $3,500,000 USD at current market value!  Starting this week, our team will embark on the strategic burning of DEFI tok ..read more
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