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As promised, the leading US crypto exchange Coinbase has dramatically increased the number of coins supported on its platform. The company just added Stellar (XLM), a few weeks after the long-rumored debut of XRP.

So which coins will land the coveted Coinbase listing next?

Back in December, Coinbase revealed it’s taking a hard look at 31 additional cryptocurrencies. The platform now supports Bitcoin, Ethereum, XRP, Litecoin, Bitcoin Cash, Stellar, Ethereum Classic, Zcash, 0x, Basic Attention Token and USD Coin.

That leaves 28 coins on Coinbase’s list of prospects.

• Cardano
• Aeternity
• Aragon
• Bread Wallet
• Civic
• Dai
• District0x
• Enjin Coin
• EOS
• Golem
• IOST
• KIN
• Kyber Network
• ChainLink
• Loom Network
• Loopring
• Decentraland
• Mainframe
• Maker
• NEO
• OmiseGo
• Po.et
• QuarkChain
• Augur
• Request Network
• Status
• Storj
• Tezos

Coinbase Pro, the company’s professional trading platform, already supports a handful of the coins on the list above: Civic, Dai, District0x, Golem, Loom, Decentraland and Zcash.

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Oxfam’s Blockchain-Based Agricultural Insurance Pays Farmers in Sri Lanka

Some of the most popular companies in the cryptoeconomy have banded together to create an organization that will assess and rate top cryptocurrency projects on the likelihood of these projects being securities per U.S. federal securities laws.

That organization, the Crypto Rating Council (CRC), counts exchange operators like Bittrex, Coinbase, Kraken, and Poloniex-backers Circle among its first members, as well as the firms of Anchorage, DRW Cumberland, Genesis, and Grayscale Investments.

So why the need for such a body?

The so-called Howey Test, which is a test devised by the U.S. Supreme Court to determine if a given asset is a security, commonly leads to “judgment calls, inconsistent results, and … disagreement among legal experts,” the CRC said on the Frequently Asked Questions section of its new website.

Accordingly, the organization’s rating system — which runs from 1 to 5, with 5 indicating an asset bears the hallmarks of a security and 1 meaning the opposite — is being hailed by members as a “compliance tool” that will help bring consistency to their respective asset review processes.

Founded by prominent companies across the crypto industry, our mission is to lead crypto financial services firms committed to practical compliance with the U.S. securities laws. We are the Crypto Rating Council, and we launched today: https://t.co/FbdwfSZN9D

— Crypto Rating Council (@CRC_Crypto) September 30, 2019

“The CRC will publish a simple rating for most assets it reviews to indicate the results of its analysis as a reference for operators, developers, and the public,” the organization said.

With that said, the ratings are utterly non-binding and have been made without involvement from the U.S. Securities and Exchange Commission (SEC). So, while clarity is the professed goal, the only thing the CRC has ultimately made more clear is what its members think about the legal status of top cryptocurrencies in America.

“The score does not reflect a legal conclusion and is no indication of qualitative value of an asset or suitability for investment or any other purpose,” the CRC said of its ratings.

How the First Scores Look Don’t expect any surprises when it comes to bitcoin (BTC). The oldest cryptocurrency, which has long been held up by various stakeholders as a standard for decentralized projects, received a 1 rating from the CRC.

Other projects the body deemed to have “few or no characteristics consistent with treatment as a security” included DeFi’s darling Dai stablecoin, the popular Monero (XMR) privacy cryptocurrency, and Litecoin (LTC).

The 2 rating was given to the next rung of projects that the CRC deemed to seem mostly decentralized according to its framework. These projects included Ethereum (ETH), Zcash (ZEC), Numeraire (NMR), ChainLink (LINK), and the fledgling proof-of-stake project Algorand (ALGO).

Getting on up there according to the group were projects like Augur (3.75), EOS (3.75), Stellar (3.75), Tezos (3.75), and XRP (4). The highest inaugural scores were given to Polymath (4.5) and Maker (4.5).

Notably, the SEC announced just hours after these ratings were released that Block.one, the team behind the EOS launch, had settled charges and would pay a $24 million civil penalty for its year-long ICO being an unregistered security offering.

The Commission said the securities status only applied to the “IOU” ERC20 token that was issued during the sale rather than the current EOS cryptocurrency, which lives on EOS now rather than Ethereum.

Are Exchanges Listing Securities? One question that immediately started buzzing through the ecosystem on the heels of the announcement of the CRC was why would exchanges like Coinbase take chances on assets like XRP that appear to bear considerable resemblances to a security in the U.S.?

One possibility is that the group’s members consider “security status is binary,” according to Jake Chervinsky, the General Counsel of DeFi lending project Compound Finance. In other words, anything less than a 5 rating would be fair game accordingly.

My best guess: they'd say security status is binary and as a matter of law it doesn't make a difference how close a token comes to being a security if it's ultimately not one.

On that logic, though, query the value of publishing the five-point score in the first place.

— Jake Chervinsky (@jchervinsky) September 30, 2019

But even if the already rated cryptocurrencies later end up being cleared as “not securities” per the SEC, the CRC rating system can lead to future conflicts of interest, e.g. member exchanges being charitable in their ratings because they stand to gain from trade volume.

In my opinion, this rating system creates a massive conflict of interest. All of the companies that joined this consortium are massively incentivized to rate the vast majority of tokens as non-securities. Coinbase listed some very questionable tokens including XRP, Tezos, EOS

— Larry Cermak (@lawmaster) September 30, 2019

But there’s a silver lining here, according to Blockchain chief executive officer and president Marco Santori. In a Twitter thread on the CRC announcement, Santori said the effort was suspect in some ways but was also a positive attempt at self-regulation in an industry that needs more regulatory clarity in general.

8/ So why on earth would they publish this? Why on earth should we applaud their effort?

Well, actually we should.

As an industry, this stuff is basically the best we've got.

THAT'S RIGHT ITS A TWIST

wait hear me out.

— Marco Santori (@msantoriESQ) September 30, 2019

William M. Peaster

William M. Peaster is a professional writer and editor who specializes in the Ethereum, Dai, and Bitcoin beats in the cryptoeconomy. He's appeared in Blockonomi, Binance Academy, Bitsonline, and more. He enjoys tracking smart contracts, DAOs, dApps, and the Lightning Network. He's learning Solidity, too! Contact him on Telegram at @wmpeaster

Compound, the builders behind one of the most popular decentralized finance apps on Ethereum, just raised an impressive $25 million war chest in a Series A fundraising round that was backed by some of the cryptocurrency arena’s biggest investors.

Revealed on November 14th, the Series A raise saw venture capital firms like Andreesen Horowitz (a16z), Polychain Capital, Paradigm, and Bain Capital Ventures, throw a new round of chips behind the promise of the DeFi app’s future and growing ecosystem. a16z was the raise’s largest investor, although at an unspecified sum.

With the new funding secured, Compound chief executive officer Robert Leshner told Fortune that the name of the name going forward will be making the project’s crypto lending services readily usable by mainstream, non-tech users. As a step in that direction, Leshner said the DeFi protocol will be integrated with other major cryptocurrency companies, e.g. Coinbase, by the end of next year .

And while the Compound team is the main driving force behind its associated dApp, the company plans to continue phasing out their direct stewardship in favor of a more decentralized governance process. To that end, Leshner said:

“As with Bitcoin, we want to ensure that no one, including the company that built it, can exert undue influence on Compound’s protocol. Corporations come and go but we want to build a protocol that lasts forever.”

Of course, lasting forever is a big aim; but that Compound will last a long time already seems clear considering all the other rising Ethereum DeFi “money lego” projects that are currently relying on Compound’s open infrastructure.

Take the example of InstaDapp, which recently raised its own seed round of $2.4 million on the appeal of its automated “bridge” for crypto lenders wanting to move positions between Compound and Maker and vice versa. For context, both Maker and Compound are currently in the top three DeFi projects per value locked within their protocols according to tracker site DeFi Pulse.

a16z: a Big DeFi Believer Both in word and in deed, powerhouse private venture capital firm a16z has been betting big on DeFi.

First, the firm made waves last fall when its crypto arm conducted a “strategic purchase” of MakerDAO’s MKR governance token, which is used to guide the growth of the popular Dai stablecoin. In spending $15 million on the acquisition, a16z bought up six percent of the entire MKR supply at the time.

The VC firm also created a buzz last month when it bought up $235,000 worth of SNX, the associated token of Synthetix, another current top 3 DeFi project per DeFi Pulse that lets users create synthetic assets on Ethereum.

Now with a16z’s investment in the Compound team, the company has completed the “skin in the game” trifecta where decentralized finance’s biggest fledgling projects are concerned. On the news of Compound’s Series A raise, general partner Chris Dixon hailed the project as poised to achieve:

“Compound is a lending protocol that is open to anyone in the world, that disintermediates banks and allows anyone to earn interest on their money. We’ve worked with Robert [Leshner] and his team for over two years and think they are world class technologists and entrepreneurs.”

But a16z isn’t just content to back the promising DeFi projects of today, as the firm is also interested in fostering the next waves of innovation in the sector. Last week, the company unveiled its new Crypto Startup School (CSS), a seven week educational program for crypto startup founders.

“We think that sharing the most important lessons we’ve learned could accelerate the development of existing projects, and inspire more talented people to join the space,” Chris Dixon said of the program.

William M. Peaster

William M. Peaster is a professional writer and editor who specializes in the Ethereum, Dai, and Bitcoin beats in the cryptoeconomy. He's appeared in Blockonomi, Binance Academy, Bitsonline, and more. He enjoys tracking smart contracts, DAOs, dApps, and the Lightning Network. He's learning Solidity, too! Contact him on Telegram at @wmpeaster

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Solana (SOL), one of the leading cryptocurrencies by market cap, has recently shown signs of a potential price recovery after a bearish performance in August.

The asset, which experienced nearly a 10% decline in the past week, has started to regain momentum as it entered September. Solana has risen from a recent low of $124 to above $134 in early trading hours today, showing a 2.7% increase in the last 24 hours, now trading at $132.

Amid this recovery, renowned crypto analyst Javon Marks has recently maintained a bullish outlook on Solana, with a long-standing target of $233.8 for the asset.

Why Is A $233 Target in Sight For Solana? According to Marks, Solana has shown signs of a continued upward trend, with its price potentially rising to $233.8 and even higher if momentum continues.

The analyst’s projection for SOL reaching this mark and beyond is based on a hidden bullish divergence pattern, which SOL has been trading within for quite a while now.

Solana’s price chart. | Source: Javon Marks on X Marks particularly noted in the prediction post on X:

Our $233.8 Target for SOL (Solana) has been maintained since mid 2023 at $16.12, with prices seeing an approximately 1,203% climb afterwards towards the meeting of it. Now, with the pullback just under, this target goes unchanged as the breakout bringing it in play, continues to hold, and with bullish signals coming in, a nearly +72% climb to finish that process of meeting it could be in development.

The analyst further suggested that if Solana breaks past this $233.8 price level, it could see a further rise towards $457, representing an additional 93% increase.

SOL Breakpoint Approaches In addition to the price outlook from Javon Marks, other analysts have weighed in on Solana’s potential price movements, particularly around the upcoming SOL Breakpoint event.

Crypto analyst Marty Party, responding to a post by another analyst named Sai on X, pointed out that historically, Solana’s price has seen significant gains leading up to this event.

Marty Party noted: “Solana Breakpoint pump average is 62%. With SOL currently trading at $133, a 62% increase could push it to $215.46.”

Sai’s post highlighted Solana’s price behavior before previous Breakpoint events. In 2021, Solana saw a 68% price surge leading up to the conference, followed by a 42% rise in 2022 and a 58% increase in 2023.

The Breakpoint event, which showcases the Solana ecosystem’s innovation and development, has historically attracted attention from investors, contributing to the pre-event price rallies.

#Solana Breakpoint in 16 days. Do you know how the Solana price behaves before the breakpoint?

68% price surge in 2021 before Breakpoint
42% price surge in 2022 before Breakpoint
58% Price surge in 2023 before Breakpoint

Follow the 🧵Thread 🧵 to make sure you don’t miss 2024…

— Sai (@SaiPrathap846) September 4, 2024

This year, the Breakpoint event will take place on September 20th in Singapore, and excitement is already building in the Solana community.

With only 16 days to go, analysts like Sai anticipate a potential rally similar to previous years. Whether Solana can replicate its past price surges remains to be seen, but historical data and bullish technical signals suggest the possibility of significant upward movement.

SOL price is moving downwards on the 1-hour chart. Source: SOL/USDT on TradingView.com Featured image created with DALL-E, Chart from TradingView

Sai launched its perpetual contract trading platform, Sai Perps, and introduced the "Let's Go Saicho" on-chain trading competition.

Panama City, Republic of Panama, 18th February 2026, ChainwireBy Chainwire

Feb 18, 2026

3 min read

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Panama City, Republic of Panama, February 18th, 2026, Chainwire

Sai today launched Sai Perps, a perpetuals trading platform built to be as fast and intuitive as a centralized exchange with the transparency and self-custody of onchain settlement. The platform features gasless transactions, removing friction for traders while maintaining full onchain security.

Sai also unveiled Let’s Go Saicho, a one-month onchain trading competition running February 18 through March 19, 2026, with $25,000 in total prizes. The campaign is structured in two phases designed to reward both performance and participation: a PNL competition for profitable traders, followed by a first-come, first-serve “Be Early” phase for traders who engage early and hit a minimum volume threshold.

“Onchain markets shouldn’t require traders to compromise between speed and self-custody,” said Matthias Darblade, a Sai contributor. “Sai Perps is designed for active traders who want a clean, CEX-like experience, while still getting the transparency and settlement guarantees that only onchain infrastructure can provide.”

Why Sai vs. Other Perps DEXs

Sai Perps is built around the premise: trading should be accessible without the usual friction of onchain perps. Compared to existing perpDEXs, Sai stands out in many ways:

CEX-like UX, onchain settlement: A streamlined trading experience designed to be fast and familiar, with trades settling onchain for transparency and verifiability. Infrastructure built for deep, smooth markets: Sai has focused heavily on liquidity, risk systems, and oracle design to support more consistent execution and robust market integrity. Accessible to both new and experienced traders: A platform experience optimized for speed and clarity, without sacrificing advanced trading capability. Roadmap beyond crypto perps: Sai’s planned expansion includes stocks, commodities, and FX markets, plus user-focused capital efficiency features like Sai Savings (yield on deposits), and cross-chain deposits. Let’s Go Saicho: $25,000 Trading Competition (Feb 18 - Mar 19, 2026)

Let’s Go Saicho is a one-month competition rewarding trading on Sai across two two-week phases:

Phase 1 (Feb 18 – Mar 4): PNL Competition | $20,000 prize pool, 50 winners Phase 2 (Mar 5 – Mar 19): Be Early (First Come First Serve) | $5,000 prize pool, 50 winners All markets listed on Sai are eligible in both phases. Traders may go long or short on any listed pair using supported collateral (e.g., USDC and other supported assets such as stNIBI, as available on Sai). For more details on Sai’s Trading Competition, visit here.

About Sai

Sai is a new perpetuals trading platform designed to feel as easy and fast as a centralized exchange, while still settling fully onchain. Sai’s mission is to make advanced trading accessible without sacrificing transparency or self-custody.

Sai is focused on finalizing its core trading infrastructure and user experience, building liquidity and risk systems for smoother execution, and laying groundwork for yield features that help users earn on idle collateral. Next on the roadmap: expanded markets (stocks, commodities, FX), Sai Savings, cross-chain deposits, and smart accounts for gasless trading.

ContactPR and Media Inquries
[email protected]

Disclaimer: Press release sponsored by our commercial partners.

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.

Panama City, Republic of Panama, February 18th, 2026, Chainwire

Sai today launched Sai Perps, a perpetuals trading platform built to be as fast and intuitive as a centralized exchange with the transparency and self-custody of onchain settlement. The platform features gasless transactions, removing friction for traders while maintaining full onchain security.

Sai also unveiled Let’s Go Saicho, a one-month onchain trading competition running February 18 through March 19, 2026, with $25,000 in total prizes. The campaign is structured in two phases designed to reward both performance and participation: a PNL competition for profitable traders, followed by a first-come, first-serve “Be Early” phase for traders who engage early and hit a minimum volume threshold.

“Onchain markets shouldn’t require traders to compromise between speed and self-custody,” said Matthias Darblade, a Sai contributor. “Sai Perps is designed for active traders who want a clean, CEX-like experience, while still getting the transparency and settlement guarantees that only onchain infrastructure can provide.”

Why Sai vs. Other Perps DEXs

Sai Perps is built around the premise: trading should be accessible without the usual friction of onchain perps. Compared to existing perpDEXs, Sai stands out in many ways:

CEX-like UX, onchain settlement: A streamlined trading experience designed to be fast and familiar, with trades settling onchain for transparency and verifiability. Infrastructure built for deep, smooth markets: Sai has focused heavily on liquidity, risk systems, and oracle design to support more consistent execution and robust market integrity. Accessible to both new and experienced traders: A platform experience optimized for speed and clarity, without sacrificing advanced trading capability. Roadmap beyond crypto perps: Sai’s planned expansion includes stocks, commodities, and FX markets, plus user-focused capital efficiency features like Sai Savings (yield on deposits), and cross-chain deposits. Let’s Go Saicho: $25,000 Trading Competition (Feb 18 – Mar 19, 2026)

Let’s Go Saicho is a one-month competition rewarding trading on Sai across two two-week phases:

Phase 1 (Feb 18 – Mar 4): PNL Competition | $20,000 prize pool, 50 winners Phase 2 (Mar 5 – Mar 19): Be Early (First Come First Serve) | $5,000 prize pool, 50 winners All markets listed on Sai are eligible in both phases. Traders may go long or short on any listed pair using supported collateral (e.g., USDC and other supported assets such as stNIBI, as available on Sai). For more details on Sai’s Trading Competition, visit here.

About Sai

Sai is a new perpetuals trading platform designed to feel as easy and fast as a centralized exchange, while still settling fully onchain. Sai’s mission is to make advanced trading accessible without sacrificing transparency or self-custody.

Sai is focused on finalizing its core trading infrastructure and user experience, building liquidity and risk systems for smoother execution, and laying groundwork for yield features that help users earn on idle collateral. Next on the roadmap: expanded markets (stocks, commodities, FX), Sai Savings, cross-chain deposits, and smart accounts for gasless trading.

ContactPR and Media Inquries
[email protected]

This article is not intended as financial advice. Educational purposes only.

AUTHOR

Chainwire is The Leading Blockchain and Crypto Newswire and Press Release Distribution Service That Maximize Crypto News Coverage.

In brief Sai has announced the launch of Sai Perps, a perpetuals trading platform. The platform is designed to offer a "clean, CEX-like experience," with onchain settlement providing transparency and settlement guarantees. Sai Perps launches alongside Let’s Go Saicho, a one-month onchain trading competition with a $25,000 prize pool. Sai has announced the launch of Sai Perps, a perpetuals trading platform designed to combine the accessibility of centralized exchanges with the transparency and self-custody of onchain settlement. The platform features gasless transactions, which Sai claims removes friction for traders while maintaining full onchain security.

“Onchain markets shouldn’t require traders to compromise between speed and self-custody,” Sai contributor Matthias Darblade said in a statement shared with Decrypt. “Sai Perps is designed for active traders who want a clean, CEX-like experience, while still getting the transparency and settlement guarantees that only onchain infrastructure can provide.”

Sai Perps offers a “streamlined trading experience” built atop smart contract ecosystem Nibiru, with onchain infrastructure that focuses on liquidity, risk systems and oracle design. Sai’s oracle settled pricing reflects global markets, which it claims reduces scam wicks and “makes Sai feel like a low slippage DEX even when liquidity appears light.”

Flexible collateral enables capital to be reused across positions, while Sai’s single asset vaults enable users to earn a share of fees without managing pairs, with collateral deposits of USDC or Nibiru’s Liquid Staked NIBI (stNIBI) token.

Let’s Go SaichoTo accompany the launch of Sai Perps, Sai has unveiled Let’s Go Saicho, a one-month onchain trading competition with a $25,000 prize pool. The competition kicks off with a PNL contest for profitable traders, running from February 182 to March 4, with 50 winners sharing a $20,000 prize pool.

The wait is over. Sai is live.

Starting today, trade 25+ markets including BTC, ETH, SOL and more, all on a seamless interface with fully onchain, transparent execution.

And yes, it’s gasless.

To celebrate the launch, we’re kicking things off with Let’s Go Saicho, Sai’s first… pic.twitter.com/WUWOF6QuBC

— Sai (@SaiDotFun) February 18, 2026

It’s followed by a first-come, first-serve “Be Early” phase running from March 5 to March 19, which rewards traders who “engage early and hit a minimum volume threshold.” The second phase of the contest will see 50 winners sharing a $5,000 prize pool.

Following the launch of Sai Perps, Sai’s future roadmap includes stocks, commodities and FX markets, along with cross-chain deposits and Sai Savings, a yield on deposits feature.

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.

PANews reported on February 24th that Sai has launched its perpetual contract trading platform, Sai Perps , which aims to combine the speed and smooth experience of centralized exchanges with transparency and asset self-custody through on-chain settlement. The platform supports gas-free trading, lowering the barrier to entry while fully preserving on-chain security.

In addition, Sai launched the Let'sGo Saicho on-chain trading competition, which will run until March 19th and has a total prize pool of $25,000. The event is divided into two phases: the first phase is the PNL competition, which rewards traders who make money; the second phase is the "BeEarly" phase, which rewards early participants who reach the minimum trading volume.

This week, the various corners of the Ethereum ecosystem have been filled with a particularly lively flurry of activity.

First up, there’s MAD Stores — think “Mutually Assured Destruction.” Created by Ethereum developer Alejandro Diaz and announced on Wednesday, Turms MAD Stores is an anonymous and decentralized marketplace that leverages Ethereum smart contracts  in order to avoid needing a backend server at all.

In the reveal, Diaz characterized the marketplace as akin to a “completely decentralized” and more private version of eBay:

“Another difference between ebay and MAD Stores is that sellers can remain anonymous, or at least pseudonymous; that is, buyers and sellers are only known by their Ethereum addresses (or ENS names).”

Those making deals can use the relatively new Turms Anonymous Message Transport system, another project Diaz has worked on. Turms AMT can make encrypted comms between Ethereum addresses.

Moreover, the MAD smart contracts provide escrow functionalities, a product category ledger, and the ability to record a seller’s inventory and information about it.

Buyers and sellers are protected according to the aforementioned principle of Mutually Assured Destruction. If a party on either side of a deal tries to scam the other, both users’ escrowed funds will be burned.

Another Ethereum Mixer Steps Up to the Plate Various mixers have been proposed in the Ethereum ecosystem recently (e.g. Heiswap), and the latest oncomer is the Tornado mixer, which is backed by the zk-SNARKS privacy tech — also known as “Zero-Knowledge Succinct Non-Interactive Argument of Knowledge” transactions.

https://twitter.com/rstormsf/status/1154148852993183745

The mixer is notably non-custodial, meaning users can facilitate private Ethereum-based trades right from the comfort of an address of choice rather than having to first deposit ether (ETH) onto a centralized exchange.

The Tornado mixer was just released on the Kovan testnet, so it’s not ready for a production environment status just yet. But its progress is heartening for many Ethereum community stakeholders who have been lobbying for solid mixer resources in recent times.

Pooled cDAI Built to Help Ethereum Funding For the past few weeks, EthHub co-founder and Gnosis team member Eric Conner has floated the idea of launching a pooled fund comprised of the Dai stablecoin, the interest of which could be put toward Ethereum development activities while at the same time allowing investors to pull out their principal investments when all was said and done.

Now, an early example of that model has officially been put forth in the Pooled cDAI project. As the effort’s GitHub explains, it does the following activities:

“[…] Pools DAI, converts it into Compound DAI, and sends interests to a beneficiary. Users putting DAI into the pool receives Pooled cDAI (pcDAI), an ERC20 token which is 1-for-1 redeemable for DAI at any time.”

Introducing Pooled cDAI, an ERC20 token template allowing people to pool DAI together, lock the DAI into @compoundfinance , and send the interests to a beneficiary. Locked DAI can be withdrawn *at any time*. Kinda like generalized @PoolTogether_ . #DeFi https://t.co/jX6ZAANhdf

— zefram.eth (@boredGenius) July 25, 2019

Chalk it up as another novel open-source development funding avenue that could be explored by all sorts of entities in the cryptoeconomy, not least of which are Ethereum stakeholders looking to boost development prospects in the blockchain’s ecosystem.

Wow! Someone already built the community interest fund idea.

I love this community. https://t.co/owmaeSyT50

— eric.eth (@econoar) July 25, 2019

Speaking of the Dai stablecoin, it’s also worth mentioning that the MakerDAO team that oversees the dual MKR-DAI ecosystem has opened up a bug bounty campaign for the coming Multi-Collateral Dai offering, which will ultimately allow users to take out collateralized debt positions (CDPs) using assets beyond ether.

You all know what this means… soon™️ https://t.co/6kVa7G3rLk

— DeFi Pulse (@defipulse) July 25, 2019

Real World, Off-Chain Assets to Underpin Maker CDPs? Speaking of opening up CDPs with assets beyond ether, what about doing so with off-chain assets like physical property?

That’s what Fluidity — the builders of the AirSwap crypto exchange — are planning with their Tokenized Asset Portfolio roadmap.

Today @fluidityio introduced the Tokenized Asset Portfolio (TAP) —

A model enabling real world assets to be pledged as collateral in decentralized credit facilities —

Including the MakerDAO multi-collateral Dai system cc @makerdao $dai #ethereumhttps://t.co/0wgHQaQ5dD

— Michael Oved (@ovedm606) July 25, 2019

Reasonable people can agree or disagree as to whether off-chain assets being used to secure Dai loans is a shrewd idea, but what’s clear is that the DeFi horizon is growing day by day.

William M. Peaster

William M. Peaster is a professional writer and editor who specializes in the Ethereum, Dai, and Bitcoin beats in the cryptoeconomy. He's appeared in Blockonomi, Binance Academy, Bitsonline, and more. He enjoys tracking smart contracts, DAOs, dApps, and the Lightning Network. He's learning Solidity, too! Contact him on Telegram at @wmpeaster