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🚀 Yearn-ing for the CREAM of the crop.🍦

It's Black Friday, Geckos!    Andre Cronje is back at it again, this time with a 'merger' with the Cream lending protocol.    As a result, Yearn.finance (YFI) users can put their vault tokens as collateral to borrow on Cream.    Other than that, the farming strategies will be able to access leverage on the platform which can potentially increase their yield.    The partnership will see the two teams merge development resources and introduce several symbiotic interactions.    In today's news, Compound faces unexpected liquidation, Facebook revives Libra, and crypto taxes are coming,   Read on!

24h Hot searches worldwide 👀 OctoFi                  (+24.0%)  SynLev                 (+153.5%) 🚀 Sushi                    (+15.8%) yearn.finance     (+16.2%) Cream                  (+15.7%) YfDAI.finance      (+6.7%) Powerpool CVP  (+34.7%)

Sponsored SGR belongs in your portfolio as a store of value which, unlike stablecoins, is built to allow growth. As the Sögur community grows, SGR price automatically adjusts while keeping its volatility tamed. Currently, SGR is 100% fiat-backed to hedge currency exchange rate risk. From within its smart contract, the price of SGR is bound to its circulating supply, providing complete price transparency to its holders. Join the Sögur revolution today, and learn more about the benefits of holding SGR. Learn More Happy Thanksgiving everyone!    Although celebrations look different this year, we still want to celebrate with all of you which is why we're rolling out an awesome discount for our Candy Store in conjunction with Black Friday. While the crypto markets go on discount, so will our Candy store with 30%-off storewide starting from November 26. We hope you enjoy shopping with your Candies.   Psst! We've also curated a list of Black Friday crypto deals for you to enjoy here. Oracle Exploits Again?   With a sudden spike in the DAI (DAI) price, some users on Compound were immediately liquidated because of under-collateralization.    According to Alex Svanevik, CEO of data analytics firm Nansen, Compound gets its pricing data from Coinbase Pro through an oracle.    It remains to be seen whether the oracle was erroneously configured or maliciously exploited.   Bitcoin.com Facebook's Next Big Bet   A single dollar-pegged stablecoin may be coming next year from Facebook's cryptocurrency project, Libra.   The stablecoin was initially proposed to be pegged to a basket of multiple currencies.   It was announced that Libra would be overhauled and instead, it will launch as a series of stablecoins, with each one being tied to one individual currency .   CoinDesk The Tax Man Cometh     The OECD has revealed that it will release a tax reporting standard for crypto assets by the end of 2021. Pascal Saint-Amans, the OECD's tax director, said that a common reporting standard would be launched to combat tax evasion and strengthen regulations. He further added that the OECD and the European Commission are working in parallel, with both framework's complementing one another. CoinTelegraph

Bear Market Contrary to bull market, it indicates the direction of the market going for downward trend. It is called "bear" market because as bear attacks, it motions its paws downward - describing the movement of the market. Decentralized Finance (DeFi) refers to the movement of building decentralized financial applications that have no central authority and is censorship free. DeFi applications cover many use cases and a few popular ones are stablecoins, lending/borrowing and trading (decentralized excanges). By removing the middleman in systems, DeFi applications are able to achieve a better rate of returns for its users, while lowering barrier of entry as the application does not discriminate or censor any particular party from joinLearn about other Crypto terms here Weekend Reads 📖 Origins behind Black Friday              Kimjang: Korea's Kimchi-making Festival        Tree pods and beach bedrooms: Social distancing in the Maldives   Confessions of A Hacker Who Saved the Internet          Here are the top trending coins for this week! Read more on CoinGecko

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