Today in DeFi - TCAP Token, Ledger Leak, and More
TCAP
Cryptex Finance is launching TCAP, a token representing the total market cap of the crypto markets. Each TCAP token is 250% collateralized with ETH, WBTC, or DAI. It uses Chainlink Oracles to ascertain price data.
TCAP is live on rinkeby and has been audited by Quantstamp.
Ledger Leak
Ledger has had its customer data hacked. Real name, phone numbers and addresses of what seems like over 200k users has been leaked.
xSUSHI on Aave
xSUSHI, or staked Sushi, is being proposed to be added to Aave. Staked Sushi is a governance token which also accrues fees from the platform. Read and discuss this proposal here.
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Disclaimer: Projects or tokens mentioned in this newsletter are often experimental or unaudited. Do your own diligence before using or buying anything mentioned