In conventional finance, the user's identification is established, while transaction details remain confidential. However, in DeFi, the user's identity is unidentified, and transaction records are accessible to the public. The DeFi KYC concept endeavors to combine Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations with DeFi's concepts of user
Friday 14th April • The US Treasury looked at DeFi and illicit activity in a 42-page report, identifying gaps for anti-money laundering (AML) rules. “DeFi service that functions as a financial institution as defined by the [Bank Secrecy Act], regardless of whether the service is centralized of decentralized, will be required
As investors, we constantly face the challenge of managing risk while maximizing returns, so Oasis developed Stop-Loss automation. The stop-loss trigger is one essential tool to achieve this delicate balance, fully automated for your vault in Oasis.app. Why should you activate the Stop-Loss feature? Setting up a stop loss
In this blog post, we will analyze the thought process of a user who demonstrated effective risk management strategies in their ETH Maker Vault. By dissecting their actions, we aim to provide insights into the importance of risk management and offer guidance for other users looking to improve their skills.
Central Bank Digital Currencies (CBDCs) are digital versions of fiat currencies, issued and regulated by central banks. They offer several advantages over traditional currencies, such as faster and more secure transactions and increased financial inclusion. CBDCs are gaining momentum globally in 2023, and several countries are exploring the possibilities of
Friday 27th January • The US SEC brought charges against Avi Eisenberg for his role in the Mango Markets exploit. The SEC views the MNGO governance token as a security and accused Eisenberg of manipulating MNGO’s trading price and volume. • Mango Labs also brought a lawsuit against Eisenberg for conversion,
Today we announce the introduction of Summer.fi Notification Center. The platform will now notify you with relevant and timely information about your position! This is another way to help you optimize your position and maximize your profits whilst being free from the worry of big losses. How do Notifications
Today we announce the launch of "Constant Multiple". Another new way to automatically optimize your position in Summer.fi Constant Multiple is an automation strategy designed to maintain your Vault at a set Multiple for your collateral exposure. How does Constant Multiple work? Constant Multiple automatically adjusts your Vault to