Crypto.com Weekly DeFi Update (Week 20, 16/05/2022 – 22/05/2022)
65.90% of voters favour a $LUNA hard fork. South Korean parliament summons Do Kwon. $USDT and $USDC boost transparency efforts. $DEI loses peg.
The Terra (LUNA) blockchain is heading for version 2.0, with 65.90% of the voters favouring a hard fork at the time of writing. The Luna Foundation Guard plans to compensate UST holders with its remaining funds.
Do Kwon is summoned to a parliamentary hearing as politicians inquire further details about the LUNA incident and its aftermath.
This week’s price, volume, and volatility indices are negative at -1.40%, -52.00%, and -56.92%, respectively.
Check the latest prices on Crypto.com/Price
Top Token Metrics
*Top DeFi tokens based on CoinGecko
DeFi Index Tokens
*DeFI index tokens: AAVE, BAL, CAKE, COMP, CRV, CVX, FXS, JOE, LDO, LINK, MKR, OSMO, REN, SNX, SPELL, SUSHI, UNI, VVS, YFI
* % change is based on the difference between two consecutive weekly periods
** Omitted due to incomplete source data
Sources: CoinGecko, DeFi Llama, Nomics
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