Vitalik Buterin Says He Done With DeFi Yield Farming Until Dust Settles

An increasing number of cryptocurrency investors are embracing yield farming, one of the latest innovations in the crypto industry, where crypto assets are used to aggregate income for the investors, in some cases up to 100% Annual Percentage Yield (APY). Even though yield farming as a form of decentralized finance (DeFi) can be profitable, some key players in the industry like the co-founder of Ethereum, Vitalik Buterin,  are still skeptical about the real sustainability and activities of the booming DeFi sector. For Buterin, in addition to disappointments associated with the DeFi craze like yield farming, he can only watch yield

TRON Foundation Launches DeFi Protocol SUN on the TRON Blockchain

TRON Foundation announced today that it has launched SUN Genesis Mining to grant users access to its DeFi meme coin named SUN.  The Foundation made this known in a blog post today, stating that the initiative, which will kick-off on September 2, 2020, will be self-governed by its members just like other existing DeFi projects, including MakerDAO, Compound Protocol (COMP), Yearn.Finance (YFI), among others.  However, unlike other DeFi projects, SUN will run on the TRON blockchain, thus promoting the possibility of establishing TRON’s DeFi self-governance community and achieve the same result recorded on Ethereum in recent times.   Potential investors interested