Mochi Protocol is a cross-chain, autonomously governed decentralized stable currency protocol fully backed by a wide variety of crypto assets, including long-tail and yield-bearing assets. Mochi offers governance-free listing and condition-based stable currency minting capacity. Mochi adjusts collateral specific vault parameters such as collateral factor, liquidation factor, credit cap, and stability fees automatically based on liquidity depth (calculated using a variety of reliable and stress-tested data sources) and credit utilization to provide the most capital efficient overcollateralized loans to users while minimizing the risk of the shortfall for the protocol to protect and maintain solvency. Mochi unlocks productivity in a diverse variety of collateral, including long-tail, staked, wrapped, and yield-bearing assets, to unlock new value and accelerate DeFi innovation.The USDM stablecoin is soft pegged to the USD and Mochi helps maintain the peg with dedicated, highly capital efficient stable pegged-asset pools. This value is fully backed by overcollateralized vaults with credit parameters assigned based on total on-chain liquidity and credit utilization.

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Mochi Protocol is a cross-chain, autonomously governed decentralized stable currency protocol fully-backed by a wide variety of crypto assets

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DeFAI and AI agents turned into the biggest losers during the latest market drawdown. The space took a hit as the AI narrative lost speed and whales rolled over into older memes and other assets.

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Why are DeFAI and AI agents most affected during the recent market correction?

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
The post Crypto Exchange Listing and Delisting Announcements: May 27, 2024 appeared first on Cryptonews.

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Crypto Exchange Listing and Delisting Announcements: May 27, 2024

In an analysis shared with his nearly 100,000 followers on X (formerly Twitter), the crypto analyst known by the pseudonym Xremlin (@0x_gremlin) has pinpointed Base as the burgeoning hub for memecoin enthusiasts and investors. This proclamation follows a season of unprecedented gains in the Solana memecoin market, with tokens like BOME, WIF, and SLERF achieving returns ranging from 300x to 1000x. Xremlin’s insight into the crypto market dynamics suggests a potential replication of these astron

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Why are DeFAI and AI agents most affected during the recent market correction?

Crypto Exchange Listing and Delisting Announcements: May 27, 2024

Crypto Analyst Touts Base As Next Memecoin Hotspot: Top 8 Picks