{"id":1263,"date":"2022-09-02T11:59:39","date_gmt":"2022-09-02T11:59:39","guid":{"rendered":"https:\/\/de.fi\/blog\/?p=1263"},"modified":"2023-10-04T22:58:50","modified_gmt":"2023-10-04T22:58:50","slug":"monthly-recap-august-2021-hot-summer-news-9f75d8160486","status":"publish","type":"post","link":"https:\/\/de.fi\/blog\/monthly-recap-august-2021-hot-summer-news-9f75d8160486","title":{"rendered":"August 2021 De.Fi Development Update"},"content":{"rendered":"<p>Hi, farmers\ud83d\udc99<br \/>\nHappy to see you here again!<\/p>\n<p>Btw\u2026 follow us on <a href=\"https:\/\/twitter.com\/DeDotFi\">Twitter<\/a> for daily yield farming updates as high as 10,000% APY! \ud83d\udc40<\/p>\n<p>Hopefully, you\u2019ve checked our recent <a href=\"https:\/\/de.fi\/blog\/defiyield-2021-june-july-updates-join-the-revolution-96d1f0912176\">article about our summertime milestones<\/a>. We have done a lot since then but we will keep it short and elegant. Application update, product development news, educational content, and plans for the future \u2014 let\u2019s dive into it.<\/p>\n<p>By the way, only attentive users could notice the one update we shared but not mentioned \ud83d\ude0f Today, we\u2019re glad to share what we\u2019ve been working on since the beginning of the month.<\/p>\n<h2 id=\"table-of-content\">Table of Content<\/h2>\n<blockquote><p>Homepage Major Update<br \/>\nAttentive User Update<br \/>\nREKT Database \u2014 Development Update!<br \/>\nAudit Database<br \/>\nSecurity Audits<br \/>\nNew Team Member Joined<br \/>\nEducational content<br \/>\nTo read<br \/>\nTo watch<br \/>\nTeaser<br \/>\nCommunity\ud83d\udc99<\/p><\/blockquote>\n<h2 id=\"homepage-major-update\">Homepage Major Update<\/h2>\n<p>We updated our homepage so now if you wanna tell your friend about De.Fi \u2014 you can just share <a href=\"https:\/\/de.fi\/\">de.fi<\/a>. All our tools were collected and described in plain English in one place!<\/p>\n<p>We\u2019re happy to organize the project better. Now we can surely state that De.Fi is a comprehensive ecosystem containing:<\/p>\n<ul>\n<li>Management toolkit<\/li>\n<li>Safety toolkit<\/li>\n<li>Audit and REKT Databases<\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"legacymediumimages\" src=\"https:\/\/de.fi\/blog\/wp-content\/uploads\/2023\/06\/0qw7KVMQHebxO7iq2.png\" alt=\"\" \/><\/p>\n<h2 id=\"user-navigation-update\">User Navigation Update<\/h2>\n<p>It\u2019s an application navigation redesign \u2014 we added lots of screenshots with this design but only now we are ready to share it \ud83d\ude03<\/p>\n<p>We completely changed the structure of our application to make it easier to use. Now you can access all our tools in one place \u2014 scroll through your assets, see transaction history, check audit database, and more! Take a look at the scanner tab \ud83d\ude09<\/p>\n<p><img decoding=\"async\" class=\"legacymediumimages\" src=\"https:\/\/de.fi\/blog\/wp-content\/uploads\/2023\/06\/0-HKuSccKdhwEN8xL.png\" alt=\"\" \/><\/p>\n<h2 id=\"-rekt-database-https-defiyield-app-rekt-database-new-tool-release-\"><a href=\"https:\/\/de.fi\/rekt-database\">REKT Database<\/a> \u2014New Tool Release!<\/h2>\n<p>\ud83d\ude08 A database of more than 2500 pages of scams, hacks, and exploit events.<br \/>\n\ud83d\ude43 The total of all funds lost (yes, we do calculate this number).<br \/>\n\ud83d\udc69\u200d\ud83d\udcbb A full breakdown of all technical issues that occurred.<\/p>\n<p><img decoding=\"async\" class=\"legacymediumimages\" src=\"https:\/\/de.fi\/blog\/wp-content\/uploads\/2023\/06\/1BVZbVdXfJ29igLJWIdLRPQ.png\" alt=\"\" \/><\/p>\n<p><strong>Our work involved auditing projects based on the community requests and releasing the Open Audits Database <\/strong>to <em>**<\/em>help users understand which projects could be trusted.<\/p>\n<p>Looking back to the first few months of the <strong>DeFi Summer in 2020,<\/strong> the market was full of questionable projects, which had been forked from high-quality protocols with not-really-trustable changes made. Users tried to make life-changing amounts of money overnight and scammers looked to take advantage of this desire so a whole range of <em>\u2018fast food\u2019 scam projects<\/em> appeared. These were backed by malicious developers who employed a range of tactics to appear honest and trustworthy while dazzling their unsuspecting victims with promises of significant yields.<\/p>\n<p>Th<strong>e launch of the [Rekt Database<\/strong>,](<a href=\"https:\/\/de.fi\/rekt-database\">https:\/\/de.fi\/rekt-database<\/a>) a fully-featured database of scams, hacks, and exploits, is the latest milestone on our never-ending journey to keep DeFi safe.<\/p>\n<p><a href=\"https:\/\/de.fi\/rekt-database\">Check the Database here \u2192<\/a><\/p>\n<p><img decoding=\"async\" class=\"legacymediumimages\" src=\"https:\/\/de.fi\/blog\/wp-content\/uploads\/2023\/06\/1InBsO_9cOZ4pfHRpeHQ2QQ.png\" alt=\"\" \/><\/p>\n<p><em>If you want to stay safe and be up to date \u2014 subscribe to our newsletter! We will send you our <strong>DeFi Security Handbook <\/strong>straightaway. In the ebook we explain how to stay safe, what are we paying attention to while auditing projects and what should you do to not get REKT. You can expect insights, interesting content and updates from us.<\/em><\/p>\n<h2 id=\"audit-database\">Audit Database<\/h2>\n<p>We added 500 more audits of DeFi projects you heard of\/invested in, and our experts continue manually selecting audits to expand De.Fi`s safety ecosystem.<\/p>\n<p><img decoding=\"async\" class=\"legacymediumimages\" src=\"https:\/\/de.fi\/blog\/wp-content\/uploads\/2023\/06\/1twQTAHN_Vw6YIiwJ9VWlig.png\" alt=\"\" \/><\/p>\n<p>To contribute to the database you can tell us what audit we should check in our <a href=\"https:\/\/t.me\/DeDotFi\">Telegram chat<\/a>.<\/p>\n<p>To see 2000+ audit reports click on <a href=\"https:\/\/de.fi\/audit-database\">this magic link! <\/a>\u2728<\/p>\n<h2 id=\"security-audits\">Security Audits<\/h2>\n<p>De.Fi<code>s audits are performed with an unbiased approach that is following De.Fi<\/code>s single security check standard for all projects and listing all risks revealed based on the standard. By revealing risks, we mean showing negative scenarios that are technically possible.<\/p>\n<p>We published a free independent <a href=\"https:\/\/de.fi\/audits\/dinoswap\">audit for Dinoswap<\/a>. Independent audits are the ones that are upvoted by De.Fi`s community. You can <a href=\"https:\/\/roadmap.defiyield.app\/\">submit a request here<\/a>, and share the link to it with all your friends and community. \u270c\ufe0f<\/p>\n<p>We also did 5 private code reviews. To request a private code review you can contact us using the button <a href=\"https:\/\/de.fi\/request-audit\">\u201cRequest a Fast-Track Audit\u201d.<\/a><\/p>\n<h2 id=\"new-team-member-joined\">New Team Member Joined<\/h2>\n<p><img decoding=\"async\" class=\"legacymediumimages\" src=\"https:\/\/de.fi\/blog\/wp-content\/uploads\/2023\/06\/13s0Sssw0U2KrU0DYqpq0qA.png\" alt=\"\" \/><\/p>\n<p>Meet our new Marketing Manager Chris Comrie <a href=\"https:\/\/twitter.com\/christafarious\">@chriscomrie<\/a>. He previously had a startup and worked in trad-fi. He plans to help onboard and educate the next wave of crypto and DeFi users by day and apes into NFTs by night. Feel free to reach out to him. Welcome Chris!<\/p>\n<h2 id=\"educational-content\">Educational Content<\/h2>\n<h2 id=\"to-read\">To read<\/h2>\n<p><a href=\"https:\/\/de.fi\/blog\/the-ultimate-yield-farming-guide-for-eos-9fe6d8d07f37\">EOS definitive guide \u2192<\/a><\/p>\n<p>If you haven\u2019t read our <a href=\"https:\/\/de.fi\/blog\/the-ultimate-yield-farming-guide-for-eos-9fe6d8d07f37\">article about EOS<\/a> \u2014 we recommend it! There\u2019s not much information about EOS \u2014 we collected the most valid sources, our personal experience, and community thoughts.<\/p>\n<p><img decoding=\"async\" class=\"legacymediumimages\" src=\"https:\/\/de.fi\/blog\/wp-content\/uploads\/2023\/06\/0hwugGwAAiULQjDMO.png\" alt=\"\" \/><\/p>\n<p><a href=\"https:\/\/de.fi\/blog\/how-defi-works-explained-by-industry-ogs-8842692dd851\">Takeaways of our 4 last interviews written in the article \u2192<\/a><\/p>\n<p>As you already know, we launched a Youtube channel. In our previous article, we shared some takeaways that we found interesting. What interesting thoughts will you find?<\/p>\n<p>In the latest interviews you can discover:<\/p>\n<ul>\n<li>How to Create a SUCCESSFUL DeFi project?<\/li>\n<li>What was WRONG with Goose Finance?<\/li>\n<li>Why Most TOKENOMICS Are So BADLY DESIGNED?<\/li>\n<li>Key of Success in DeFi!<\/li>\n<\/ul>\n<p><strong>And more\ud83e\uddd0<\/strong><\/p>\n<h2 id=\"to-watch\">To watch<\/h2>\n<p><a href=\"https:\/\/www.youtube.com\/channel\/UCMCGy1ExKesm8YlcKGAFRGA\">New interviews with RAMP DeFi and DODO Finance \u2192<\/a><\/p>\n<p>We are working to expand our youtube knowledge base with more and more meaningful interviews about DeFi, challenges in project development, human interaction, and communication in the blockchain technology industry.<\/p>\n<p>3000 views milestone achieved!<\/p>\n<p><img decoding=\"async\" class=\"legacymediumimages\" src=\"https:\/\/de.fi\/blog\/wp-content\/uploads\/2023\/06\/1fE9IRuPvTFV6GvHxxlk5JQ.png\" alt=\"\" \/><\/p>\n<p>Check out our latest interviews \u2014 more to come!<\/p>\n<h2 id=\"teaser\">Teaser<\/h2>\n<p>We\u2019re working on the Game-Changing Vulnerability Scanner. More details soon.<\/p>\n<p>Soon we\u2019re applying for a grant, can you guess which one?\ud83d\ude0f Reply to this email and let us know!<\/p>\n<h2 id=\"community-\">Community\ud83d\udc99<\/h2>\n<p>We love publishing our updates to share some news with our community!<\/p>\n<p>We gained around 1000 new members on our Telegram chat this summer and we plan to expand even more \ud83d\ude04<\/p>\n<p><a href=\"https:\/\/t.me\/DeDotFi\">Join us<\/a> \u2014 join the DeFi revolution!<br \/>\nOur <a href=\"https:\/\/twitter.com\/defiyield_app\">Twitter<\/a>.<br \/>\nOur ultimate guides \u2014 <a href=\"https:\/\/de.fi\/blog\/the-ultimate-yield-farming-guide-for-eos-9fe6d8d07f37\">EOS<\/a>, <a href=\"https:\/\/de.fi\/blog\/the-ultimate-yield-farming-guide-for-solana-network-infographics-985936db4392\">Solana<\/a>, <a href=\"https:\/\/de.fi\/blog\/ultimate-yield-farming-guide-for-fantom-network-5c5dea0c719a\">Fantom<\/a>, <a href=\"https:\/\/de.fi\/blog\/the-ultimate-guide-for-yield-farming-with-polygon-network-373b77ccb1cf\">Polygon<\/a>, <a href=\"https:\/\/de.fi\/blog\/the-ultimate-guide-for-yield-farming-with-binance-chain-dbc23beb6df4\">Binance<\/a>, <a href=\"https:\/\/de.fi\/blog\/the-ultimate-guide-for-yield-farming-with-huobi-eco-chain-cde009ed3457\">Huobi<\/a>.<br \/>\nOur newsletter \ud83d\udc47<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We updated our homepage so now if you wanna tell your friend about De.Fi \u2014 you can just share de.fi<\/p>\n","protected":false},"author":3,"featured_media":1264,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[6,5,7,12],"class_list":["post-1263","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-defi","tag-blockchain","tag-cryptocurrency","tag-defi","tag-updates"],"acf":[],"yoast_head":"<!-- This site is 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