This Week In DeFi – June 24

To the DeFi community, This week decentralized derivatives platform dYdX decided to create its own applicaiton-specific standalone chain, as part of the Cosmos ecosystem. The move will also complete the decentralization of the platform – marking an important milestone for dYdX once the transition is complete. dYdX developers reasoned that no L1 or L2 solution … Read more

This Week In DeFi – June 17

To the DeFi community, This week stablecoin issuer Circle has announced the launch of Euro Coin (EUROC), a new stablecoin pegged to the euro. The new token will be available as of June 30, beginning as an ERC-20 token on the Ethereum network and expected to expand to other blockchains later in the year. 1/ … Read more

This Week in DeFi – May 6

To the DeFi community, This week Tron’s new algorithmic stablecoin USDD has gone live, with promises of a 30% annual yield. Following in the footsteps of the Terra USD’s Luna Foundation Guard, Tron DAO is seeking to accumulate $10 billion in reserves for the stablecoin to stabilize its price. If successful, USDD may suck some … Read more

Solana NFTs Set to Debut on Rarible

The multi-chain Rarible Protocol has integrated Solana NFTs into its system. So get ready to start seeing Solana NFTs on the Rarible.com marketplace.  Solana NFTs: Exploring New Frontiers The multi-chain open-source Rarible protocol has announced that it’s finally integrating Solana NFTs into its database of supported assets. This announcement came just a week after NFTs … Read more

STEPN Introduces Expensive ‘Move-to-Earn’ NFTs

The Solana-based move-to-earn project, STEPN, gains momentum despite the high cost of in-game NFTs. How’s the game booming despite the overpriced requirements for participation? STEPN: Steady Gains in Fitness and Tokens There were mixed reactions when blockchain developers, Find Satoshi Lab launched a new GameFi project on December 20, 2021. They demonstrated the concept of … Read more

Solana NFTs are welcome in the OpenSea ecosystem

Wen Solana? Now Solana, OpenSea is finally ready to begin supporting Solana-based NFTs, and this puts a different spin on the entire NFT ecosystem OpenSea x Solana blockchain Telling you how OpenSea is the most extensive marketplace for NFTs will make me sound like a broken record, so I’ll breeze through that. If you’re not … Read more

OpenSea will soon support Solana NFTs

OpenSea, the world’s largest NFT marketplace by volume, may support Solana NFTs sooner than expected, here’s more on this development. The OpenSea Marketplace It’s no news to anyone that in the world of NFT marketplaces, no company or platform comes close to OpenSea. As of early 2022, OpenSea is head and shoulders above the competition … Read more

The Game-Changing GARI Panda NFTs

A new NFT collection on the Solana blockchain is going one step further in its mission to disrupt the world of Web3… Are you poised to purchase your GARI Panda? The GARI Panda NFT whitelisting has commenced, as Chingari moves into the next phase of its plans for global Web3 proliferation. The long-awaited tribe of … Read more

This Week in DeFi – January 21

To the DeFi community, This week, 1inch Exchange went live on Avalanche and Gnosis Chain (formerly xDai Chain) to expand DEX aggregation services to more corners of the DeFi ecosystem. At launch 1inch on Avalanche  aggregates liquidity from more than a dozen exchange protocols, and 9 from the Gnosis Chain. .@1inch, one of the most … Read more