Problems of DeFi Centralization and Other News from the Past Week
🔍BIS conducted a study of the DeFi sector. Analysts examined the 250 largest liquidity pools in Uniswap V3: it turned out that a small group of players holds about 80% of the TVL.
DeFi Club: We recommend reading the full study. It once again confirms the concerns about DeFi centralization that many ignore.
⚙️Sky launched USDS on Solana. Less than a day after the launch, the token's circulating supply in the network exceeded $89 million.
DeFi Club: Sky immediately began incentivizing the initial adoption of USDS. As a result, we can now catch decent interest rates on loans at Save, Drift, and Kamino.
🦊MetaMask introduced the Gas Station feature. It allows users to exchange tokens without using ETH to pay for gas.
DeFi Club: The feature is already available in the browser extension. It will be available in the mobile app later.