Tag: Rari Capital
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Fei Community Up In Arms Over Dissolution Plan
Team Cites Technical Challenges And Future Regulations As Risks
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Spate of Exploits Snares Rari Capital and Saddle Finance for $90M
Escalation of Malicious Attacks Shows No Sign of Abating
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DeFi DAOs Diversify Token Treasuries Seeking Long-Term Survival
Decentralized money market Rari Capital’s DAO is the latest to look at diversifying its treasury, launching a governance proposal that pushes for a share of its native RGT token holdings to be converted into stablecoins.
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Rari Capital Launches Permissionless Lending Pools to Become Uniswap of Lending
Rari Capital, the DeFi protocol created by teenagers, has shipped perhaps its biggest product to date — permissionless lending pools. The new feature allows anyone to create a lending and borrowing pool on the open interest rate protocol, meaning anyone can create a pool for any asset, thereby expanding DeFi possibilities. Projects like NFTX, which […]
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Teens Controlling Multi-Million-Dollar DeFi Protocols Are Not Playing Around
As a teenager, I was mostly concerned with getting decent grades, obtaining terrible liquor, and attracting girls with a rock band despite only playing the saxophone. Today, teenagers are running multi-million dollar DeFi protocols. Jai Bhavnani, 19, David Lucid, 20, and Jack Lipstone, who just turned 20, founded Rari Capital in April 2020, less than […]