DeFi-Monitor: Be your own Beeple

DeFi has arrived in Elon Musks Twitter poetry during a “Beeple-Generator”, it now allows anyone to be at the NFT artists.

The Binance Smart Chain (BSC) was able to seal in the past week to the DeFi-Primus Ethereum approach. The value of the DeFi applications of the BSC deposited Assets (Total Value Locked, TVL) is increased within the last seven days of 15.425 billion USD on 17,825 billion USD.

TVL-development on the Binance Smart Chain. Source:

The TVL growth of about 16 percent can only be due to the development of the price of BNB, the primary Asset of the Binance Smart Chain, explain: Binance Coin is to the editorial deadline for 277,3 USD, and thus gained a week-over-week “only” to 4.3 percent.

BNB-course in the week view. Source: BTC-ECHO / Coingecko

The TVL is growing faster than the BNB exchange rate, suggests a growing use of BSC-based platforms. The Uniswap clone pancake swap with a TVL of 6.1 billion USD, is not so dominant, followed closely by the crypto-Lending Protocol Venus, which brings 5.96 billion USD on the scale. With the Stablecoin Exchange Ellipsis Finance, a spin-off from the Ethereum-based Curve Finance, it has landed skipped a Newcomer from the one-billion mark and is on the 4th place of the largest BSC platforms to TVL.

Ethereum DeFi with TVL loss

Ethereum is playing with a TVL of over 40 billion USD is still in a different League than the BSC and in terms of decentralisation probably also other sports. However, the Ethereum-based DeFi-sector recorded in the past week, a slight loss in terms of TVL. In the 21st century. March was still around 46 billion US dollars, in the course of weeks, he slipped in the meantime, to 38 billion USD. To The Editorial Deadline (28. March) are Assets to the value of 41,172 billion USD in Ethereum-based DeFi deposited platforms. The TVL is bent within a week of around 10 percent.

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Here, too, is that in dollars expressed TVL only conditionally meaningful – after all, he depends largely on the Price of Ether, the Central Asset in the Ethereum DeFi sector. Ether prints to the editorial deadline of 7 days-Minus of 5.4 percent. However, the number of ETH tokens are locked up in DeFi Smart Contracts, remained with 9.3 million Ether in the week-over-week nearly unchanged.

30-day development of ETH-TVL. Source: DeFi Pulse

From a DeFi-Exodus in favor of the Binance Smart Chain can, therefore, be not, as yet, no speech.

Elon Musk: Don’t Defy DeFi

After Elon Musk had entranced with his Tweets have Often communities of Bitcoin and/or Dogecoin, has caused the Tesla boss now with a DeFi-Tweet quite a stir. In an enigmatic Tweet, the Tech entrepreneur handle into the rod rhyme box. On 25. March wrote to Musk, the line “Do Defy DeFi” – should you put DeFi.

The Tron founder Justin Sun on possible DeFi-Use Cases for Tesla to speculate. Sun proposes a Tesla Token, the Tesla driver for Driving will be rewarded. Opposition to Musks Tweet came meanwhile, the Bitcoin Podcaster Peter McCormack, made with “Do Defy DeFi” no bones about what he thinks of the sector.

NFT-Generator: Be your Own Beeple

Who DeFi says, must these days say NFT: The Hype around digital collectibles has not yet demolished. Among the most recent style flowers, the auction of the Teaser Videos to Uniswap V3, the largest decentralized Exchange (DEX) on Ethereum. The tokenized Trailer went on Friday for 310 ETH (around 533.000 USD) to its new owner.

The absolute NFT record is for the digital Collage “Everaydays: The First 5000 Days” of the artist, Beepl was converted 69.3 million USD under the virtual Hammer continues.

A überparteilicher Shiba Inu: With created image

Who the desires aroused, could be a view on the Website throw. So iconic, surreal 3D images to generate, render and download. Appropriate way the Website itself also as a NFT purchased be. Even if the list price of 43,000 Wrapped Ether is anything other than a bargain.