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DeFi and Staking News Roundup (October 20, 2026)

2026-10-20 03:57 · 4 sources

NEARARBBNB

Over the past 24 hours, news in the DeFi and staking space was concentrated around protocol shutdowns, governance votes, and on-chain mechanism adjustments. Echo Protocol announced it will gradually shut down the protocol, with core businesses such as lending and strategies no longer accepting new funds; Galxe reminded users to complete unbinding and withdrawals before October 26, handling G staking and smart savings balances. The Arbitrum community initiated a vote proposing to include USDG in its core strategic plan and add 100 million ARB in incentives. The IoTeX mainnet completed the Zanzibar hard fork, and staking rewards are now issued directly on-chain by the protocol. Aster repurchased 2.7217 million ASTER over the past two weeks and burned an equivalent amount of tokens from the team allocation, with a cumulative burn exceeding 210 million. According to the Financial Times, total crypto vault deposits have grown from $4 billion at the beginning of last year to over $10 billion. De¹ launched a tokenized asset world on BNB Chain.另有分析师指出 PAPER mining rewards have shrunk by nearly 90%, and a sell-off may follow once tokens circulate; on-chain data shows Machi netted a loss of $382,000 on PaperTrade, with only $5,682 left in the account.

October 20, 2026 DeFi and Staking News Roundup

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