Silo Protocol completed its Seed Round Fundraising on 2021-11-23.

Odaily Silo Labs posted on platform X that SILO's new liquidity pool is now live and will provide 17,000 ARB rewards from Lido, DefiEdge and Silo Labs. Users can earn rewards by providing SILO/wstETH liquidity on Camelot through DefiEdge.

I originally wanted to wait for $SMH to rise to 10U and swap $ZBC with tens of thousands of U that had been opened The 1wu challenge 100w depends on the stud zbc As a result, SMH fell back ZBC bucked the trend The wind hasn't come yet, so you can't wait? Only one bottom silo 🥲 was built

Curve Finance founder Michael Egorov has drawn industry attention due to a debt issue amounting to up to 100 million USD, exposing the platform's risk management vulnerabilities and putting its liquidity pools at risk of losses. This incident has raised uncertainties about the future of the Curve protocol and the CRV token, highlighting the challenges faced by the DeFi ecosystem in terms of risk management and transparency, prompting the platform to adjust its strategies to cope with market fluctuations.

The Future Development of On-Chain Lending: From Speculation to Practical Use On-chain lending, as the cornerstone of internet finance, aims to provide equitable capital access channels for individuals and businesses worldwide, regardless of geographical limitations. This model helps to build a more fair and efficient capital market, thereby promoting economic growth. Although the potential for on-chain lending is enormous, the main users currently remain limited to the cryptocurrency sector, and its use is mostly concentrated on speculative trading. This greatly restricts its market coverage. This article will explore how to gradually expand the user base and transition to more productive lending scenarios while addressing potential challenges. The current status of on-chain lending In just a few years, the on-chain lending market has developed from a conceptual stage into several market-tested protocols, experiencing multiple severe fluctuations without generating bad debts. As of now, these protocols have attracted a total of $43.7 billion in deposits and issued $18.6 billion in outstanding loans. Currently

The debt crisis of the founder of Curve Finance has attracted attention in the industry, as he exposed the platform's inadequate risk management due to leveraged debts of up to $100 million, impacting Curve and its ecosystem. This incident has posed challenges for DeFi projects such as Silo Finance, prompting the industry to call for strengthened risk management and platform transparency to promote sustainable development. Silo is actively adjusting its strategy, enhancing risk control, and striving to restore user trust.