πΆ Key DeFi events to be aware of:
βAlchemix described a bug in its alETH system that allowed some users to withdraw ETH despite their outstanding debts.
βοΈ Tokenized Volatility Protocol volmex.finance announces the launch of its v1 system on Ethereum.
πΊKyber Network announced the deployment of Polygon solution for PoS sidechain scaling.
π¬Curve Finance is activating CRV rewards for its new TriCrypto pool, which makes it easy to trade between ETH, WBTC and USDT.
βοΈPendle Finance, a new protocol for trading and hedging future DeFi returns, announces the launch on Ethereum.
πThe UMA Protocol introduces range tokens that are akin to convertible debt and that the DAO can use to flexibly diversify its Treasury bonds.
π°Metronome announces the launch of CMET, its governance token, and introduces DAO-based project management.
βAlchemix described a bug in its alETH system that allowed some users to withdraw ETH despite their outstanding debts.
βοΈ Tokenized Volatility Protocol volmex.finance announces the launch of its v1 system on Ethereum.
πΊKyber Network announced the deployment of Polygon solution for PoS sidechain scaling.
π¬Curve Finance is activating CRV rewards for its new TriCrypto pool, which makes it easy to trade between ETH, WBTC and USDT.
βοΈPendle Finance, a new protocol for trading and hedging future DeFi returns, announces the launch on Ethereum.
πThe UMA Protocol introduces range tokens that are akin to convertible debt and that the DAO can use to flexibly diversify its Treasury bonds.
π°Metronome announces the launch of CMET, its governance token, and introduces DAO-based project management.
DeFi Arabic Cash prematurely closed the Private Sale stage due to the great excitement and announced the start of the Extra Round, which will raise the price of ABIC from $0.18 to $1 π
Arabic Cash is the first fully independent DeFi project that aims to attract new investment in the digital business of the Arab world.
After the full launch of the ABIC token (BSC BEP20), staking of 35.6% per annum will be available, as well as trading to 6 crypto pairs on the main website + trading on Pancake Swap. The next step will be to create their own DEX exchange. Next - will implement the DeFi loan system π°
On June 25, the project closed the Private Sale ahead of schedule and announced the start of the Extra Round, where the price of the ABIC token will rise sharply. In the second half of July, Arabic Cash will be listed on the first exchange with a price tag of $1. Now the ABIC token can be officially purchased at a price of $0.18 π
π½π½π½π½π½π½π½π½
BUY ABIC TOKEN NOW
Arabic Cash is the first fully independent DeFi project that aims to attract new investment in the digital business of the Arab world.
After the full launch of the ABIC token (BSC BEP20), staking of 35.6% per annum will be available, as well as trading to 6 crypto pairs on the main website + trading on Pancake Swap. The next step will be to create their own DEX exchange. Next - will implement the DeFi loan system π°
On June 25, the project closed the Private Sale ahead of schedule and announced the start of the Extra Round, where the price of the ABIC token will rise sharply. In the second half of July, Arabic Cash will be listed on the first exchange with a price tag of $1. Now the ABIC token can be officially purchased at a price of $0.18 π
π½π½π½π½π½π½π½π½
BUY ABIC TOKEN NOW
β DeFi Summary / 24 Week 2020
DeFi's Total Locked Value (TVL) dropped below $ 50 billion this week for the first time since late May 2021.
Uncertainty reigns in the air. Many still think the remainder of 2021 will fuel a bullish uptrend for cryptocurrencies and DeFi, however the recent market crash has made more people question the continued gains.
In any case, one thing can be said. The graph will go to the right!
Among the fundamental events, the following can be noted:
βͺοΈIt is important to say about the launch of the London update on the Ethereum Ropsten testnet. London contains EIP-1559, which will improve the UX when paying Ethereum gas fees and will burn a small amount of ETH in every Ethereum transaction. This event has worried Ethereans as it means all DeFi and NFT activity will start burning ETH, which will put positive upward pressure on the price of ETH.
βͺοΈMore than 88.5 thousand ETH has already been consumed in the last few days after the launch of London, and the Ropsten testnet passed the first stress test of the network. London is slated to be activated on the Ethereum network next month, so something interesting awaits us.
Finally, let's take a look at the top performing DeFi tokens over the past week. However, the only DeFi token that has grown in the last 7 days is ALCX (+ 1%). Everything else was sharply in the red.
DeFi's Total Locked Value (TVL) dropped below $ 50 billion this week for the first time since late May 2021.
Uncertainty reigns in the air. Many still think the remainder of 2021 will fuel a bullish uptrend for cryptocurrencies and DeFi, however the recent market crash has made more people question the continued gains.
In any case, one thing can be said. The graph will go to the right!
Among the fundamental events, the following can be noted:
βͺοΈIt is important to say about the launch of the London update on the Ethereum Ropsten testnet. London contains EIP-1559, which will improve the UX when paying Ethereum gas fees and will burn a small amount of ETH in every Ethereum transaction. This event has worried Ethereans as it means all DeFi and NFT activity will start burning ETH, which will put positive upward pressure on the price of ETH.
βͺοΈMore than 88.5 thousand ETH has already been consumed in the last few days after the launch of London, and the Ropsten testnet passed the first stress test of the network. London is slated to be activated on the Ethereum network next month, so something interesting awaits us.
Finally, let's take a look at the top performing DeFi tokens over the past week. However, the only DeFi token that has grown in the last 7 days is ALCX (+ 1%). Everything else was sharply in the red.
πΆ Key DeFi events to be aware of:
π» Malt Finance has published a plan to reimburse users who have lost funds as a result of the bank run incident.
π»Visor Finance, Uniswap V3 LP's automatic position management platform, explains how an attacker was able to withdraw deposits.
βͺοΈThe Balancer exchange team describes the optimal way to manage the βpost-sale liquidity distributionβ after using the balancer's liquidity loading pool (LBP).
π±Bank of Israel says it is using Ethereum to test the central bank's digital currency (CBDC) system at the digital shekel.
π©Coinbase releases Solidify, an automated security audit tool for smart contracts.
π²Circle, creators of USDC stablecoin, release DeFi API. This service provides large companies with easy access to DeFi services.
π°RabbitHole, a platform that rewards users for taking action on the network, is raising $ 3.6 million in a funding round hosted by Electric Capital.
π» Malt Finance has published a plan to reimburse users who have lost funds as a result of the bank run incident.
π»Visor Finance, Uniswap V3 LP's automatic position management platform, explains how an attacker was able to withdraw deposits.
βͺοΈThe Balancer exchange team describes the optimal way to manage the βpost-sale liquidity distributionβ after using the balancer's liquidity loading pool (LBP).
π±Bank of Israel says it is using Ethereum to test the central bank's digital currency (CBDC) system at the digital shekel.
π©Coinbase releases Solidify, an automated security audit tool for smart contracts.
π²Circle, creators of USDC stablecoin, release DeFi API. This service provides large companies with easy access to DeFi services.
π°RabbitHole, a platform that rewards users for taking action on the network, is raising $ 3.6 million in a funding round hosted by Electric Capital.
According to analysts at Glassnode, on June 27, the Bitcoin network recorded the lowest inflation rate. In other words, the new cryptocurrency was created more slowly than ever, and this is a consequence of the disconnection of many miners from the network and a drop in the hash rate. As a result, the blocks were created longer than the norm.
Although after today's change in complexity, the situation will clearly improve.
Although after today's change in complexity, the situation will clearly improve.
β DeFi Summary / Week 25 2021
DeFi is recovering again, apparently decided that it was enough to be sick and went on the mend, as indicated by the key TVL numbers. The total locked value of the decentralized finance (TVL) ecosystem has grown from $ 48 billion to $ 55.71 billion.
Many people ask what is it? Correction? Or the trend for the new BullRun. We'll see.
If you pay attention to the behind-the-scenes conversations of many large analytical agencies, their reports and the actions of major players on the market, then you can trace the accumulation of assets, which means a very strong upward spurt is possible.
Among the fundamental events, the following can be noted:
βͺοΈFounder of Synthetix Kane Warwick announced that he is running for the Spartan Council, Synthetix's decentralized governing body. This came after Warwick gave up direct influence on Synthetix a few months ago. In short, there are a number of conflicts within the community.
βͺοΈThe NFT Index Project NFTX introduced its V2 protocol and th
DeFi is recovering again, apparently decided that it was enough to be sick and went on the mend, as indicated by the key TVL numbers. The total locked value of the decentralized finance (TVL) ecosystem has grown from $ 48 billion to $ 55.71 billion.
Many people ask what is it? Correction? Or the trend for the new BullRun. We'll see.
If you pay attention to the behind-the-scenes conversations of many large analytical agencies, their reports and the actions of major players on the market, then you can trace the accumulation of assets, which means a very strong upward spurt is possible.
Among the fundamental events, the following can be noted:
βͺοΈFounder of Synthetix Kane Warwick announced that he is running for the Spartan Council, Synthetix's decentralized governing body. This came after Warwick gave up direct influence on Synthetix a few months ago. In short, there are a number of conflicts within the community.
βͺοΈThe NFT Index Project NFTX introduced its V2 protocol and th
βοΈ Key Governance Tokens News
βͺοΈ The Balancer community discusses how to incentivize token holders to become more active.
βͺοΈ The Barnbridge community votes for bug bounty through ImmuneFi.
βͺοΈ Instadapp community discusses how to fix INST airdrop problem for some users
βͺοΈ The OlympusDAO community votes whether it is worth contributing 1,000,000 DAI to Aave.
βͺοΈ Sushi Community Discusses Using TCR System To Verify MISO Site
β‘οΈ Instadapp offers a new DEX which will be built on Aave and Compound.
β What is Governance token?
Governance tokens give their holders the right to influence decisions, protocol, product or roadmap functions, as well as changes in governance parameters. ... Another common form of project management is token-based treasury management.
βͺοΈ The Balancer community discusses how to incentivize token holders to become more active.
βͺοΈ The Barnbridge community votes for bug bounty through ImmuneFi.
βͺοΈ Instadapp community discusses how to fix INST airdrop problem for some users
βͺοΈ The OlympusDAO community votes whether it is worth contributing 1,000,000 DAI to Aave.
βͺοΈ Sushi Community Discusses Using TCR System To Verify MISO Site
β‘οΈ Instadapp offers a new DEX which will be built on Aave and Compound.
β What is Governance token?
Governance tokens give their holders the right to influence decisions, protocol, product or roadmap functions, as well as changes in governance parameters. ... Another common form of project management is token-based treasury management.
Business Box.
Consider diversifying your funds!
π₯The world's first platform for selling and buying real businesses with bitcoins was launched in EuropeπͺπΊ
-You can buy car service in Europe , hotel share, furniture manufacturing, woodworking business, plantation with medical cannabis laboratory licensed in Colombia and other types of business.
-The sale of a business comes directly from the owners and is completely legal.
-You can send an application for the sale of part or all of your business if you have legal activity and turnover.
https://www.bsbx.org/
https://businessbox.medium.com/business-box-a5d4b817d746
Consider diversifying your funds!
π₯The world's first platform for selling and buying real businesses with bitcoins was launched in EuropeπͺπΊ
-You can buy car service in Europe , hotel share, furniture manufacturing, woodworking business, plantation with medical cannabis laboratory licensed in Colombia and other types of business.
-The sale of a business comes directly from the owners and is completely legal.
-You can send an application for the sale of part or all of your business if you have legal activity and turnover.
https://www.bsbx.org/
https://businessbox.medium.com/business-box-a5d4b817d746
ββπ₯ DeFi Strategy / Farm ~ XXX% APY on Polygon with Balancer V2
βWe've noticed how popular Polygon is and how user-friendly it is, and our community really wants it,β Balancer Labs CEO and co-founder Fernando Martinelli said in an update on the integration.
So, Balancer has new incentive pools on Polygon, but first, you need to withdraw your assets from Ethereum through the Polygon Bridge.
β‘οΈ On June 28, the Balancer and Polygon communities agreed on 25,000 BAL and 375,000 MATIC as weekly rewards for Balancer's Liquidity Providers (LP) on Polygon.
How to farm?
1. Go to Balancer and select Juicy Pool. Remember that Balancer can have multiple assets, while Uniswap has 2.
2. Connect your wallet (Metamask) and click on the pool of your choice, enter the token / tokens you want to deposit and confirm the delivery transaction.
3. Once this is done, you will start earning BAL and MATIC rewards.
4. Enjoy.
The Balancer is a reliable and proven design, so your main risk is Impermanent Loss.
βWe've noticed how popular Polygon is and how user-friendly it is, and our community really wants it,β Balancer Labs CEO and co-founder Fernando Martinelli said in an update on the integration.
So, Balancer has new incentive pools on Polygon, but first, you need to withdraw your assets from Ethereum through the Polygon Bridge.
β‘οΈ On June 28, the Balancer and Polygon communities agreed on 25,000 BAL and 375,000 MATIC as weekly rewards for Balancer's Liquidity Providers (LP) on Polygon.
How to farm?
1. Go to Balancer and select Juicy Pool. Remember that Balancer can have multiple assets, while Uniswap has 2.
2. Connect your wallet (Metamask) and click on the pool of your choice, enter the token / tokens you want to deposit and confirm the delivery transaction.
3. Once this is done, you will start earning BAL and MATIC rewards.
4. Enjoy.
The Balancer is a reliable and proven design, so your main risk is Impermanent Loss.
The DeFi community has been waiting for this moment!
β‘οΈJuly 15, 2021, marks the much-awaited launch of the ETHA Lend Mainnet on Polygon!β‘οΈ
The protocol brings with it next-gen features such as:
β 700X faster discovery algorithm; performs asset allocation in under a second!
β ETHA Smart Wallet β batches multiple transactions and assets in one, wallet delegation, no approval fees for new protocols or dApps!
β eVaults β for risk-averse users, rewards in ETH, BTC, and ETHA token (protocolβs utility token)
β Automatic asset allocation, portfolio rebalancing, elegant and Intuitive Interface
Donβt miss the launch and your first-mover advantage: July 15, 2021
In the meantime, you can win from a reward fund of 1000 ETHA tokens simply by guessing the time of the Mainnet launch.
Click π HERE!
Get your ETHA token here π
πΉ1Inch: https://app.1inch.io/#/1/swap/ETHA
πWebsite: https://www.ethalend.org/
πChat: https://t.me/ethalendcommunity
πMedium: https://medium.com/etha
β‘οΈJuly 15, 2021, marks the much-awaited launch of the ETHA Lend Mainnet on Polygon!β‘οΈ
The protocol brings with it next-gen features such as:
β 700X faster discovery algorithm; performs asset allocation in under a second!
β ETHA Smart Wallet β batches multiple transactions and assets in one, wallet delegation, no approval fees for new protocols or dApps!
β eVaults β for risk-averse users, rewards in ETH, BTC, and ETHA token (protocolβs utility token)
β Automatic asset allocation, portfolio rebalancing, elegant and Intuitive Interface
Donβt miss the launch and your first-mover advantage: July 15, 2021
In the meantime, you can win from a reward fund of 1000 ETHA tokens simply by guessing the time of the Mainnet launch.
Click π HERE!
Get your ETHA token here π
πΉ1Inch: https://app.1inch.io/#/1/swap/ETHA
πWebsite: https://www.ethalend.org/
πChat: https://t.me/ethalendcommunity
πMedium: https://medium.com/etha
π The New Dog is Rising π
π₯ SHIB presents itself as a Dogecoin killer and seems to have no problem capitalizing on the popularity of its biggest rival, Dogecoin!
π₯ Practise trading SHIB with your personal 50K on demo account
π₯ Registered users receive premium trading signals, every day, for free!
π₯ You can benefit from the rise and fall of this new cryptocurrency!
It takes only seconds to REGISTER, hurry up!
π₯ SHIB presents itself as a Dogecoin killer and seems to have no problem capitalizing on the popularity of its biggest rival, Dogecoin!
π₯ Practise trading SHIB with your personal 50K on demo account
π₯ Registered users receive premium trading signals, every day, for free!
π₯ You can benefit from the rise and fall of this new cryptocurrency!
It takes only seconds to REGISTER, hurry up!
Winners Network, intends to operate a browser extension that aggregates and automatically applies online coupons on eCommerce websites. When users are purchasing goods through e-commerce sites or operating within the DeFI space, users earn WN Gold Rewards which can then be swapped for $WINS or staked for high APY.
IDO launching on Binance Smart Chain (BSC) this month - be sure to join the Telegram and get whitelisted before then!
π¬ Join The Telegram: t.me/WinnersNetwork
β¬οΈ Get Whitelisted now: winnersnetwork.io/whitelist/
π What Does Winners network and $WINS Do? π
The native token to the Winners Network platform is merging on-chain DeFi worlds with off-chain e-commerce worlds - rewarding everyone in the process.
π₯ Earn WN Gold rewards for making transactions through their intended browser extension
π₯ Swap WN Gold rewards for $WINS
π₯ Trade $WINS for other cryptos in swap pools
π₯ Stake $WINS in yield farms
π₯ Hold $WINS for long term benefits
Dive in via Winners Network socials to find out more and engage with the community:
#οΈβ£ Follow Winners Network on Twitter: https://twitter.com/WN_Gold
π¬ Get The Latest IDO Updates: t.me/WinnersNetwork
π Read More on The Website: winnersnetwork.io
π Learn more about Winners Network on Medium: https://medium.com/@winners_network
IDO launching on Binance Smart Chain (BSC) this month - be sure to join the Telegram and get whitelisted before then!
π¬ Join The Telegram: t.me/WinnersNetwork
β¬οΈ Get Whitelisted now: winnersnetwork.io/whitelist/
π What Does Winners network and $WINS Do? π
The native token to the Winners Network platform is merging on-chain DeFi worlds with off-chain e-commerce worlds - rewarding everyone in the process.
π₯ Earn WN Gold rewards for making transactions through their intended browser extension
π₯ Swap WN Gold rewards for $WINS
π₯ Trade $WINS for other cryptos in swap pools
π₯ Stake $WINS in yield farms
π₯ Hold $WINS for long term benefits
Dive in via Winners Network socials to find out more and engage with the community:
#οΈβ£ Follow Winners Network on Twitter: https://twitter.com/WN_Gold
π¬ Get The Latest IDO Updates: t.me/WinnersNetwork
π Read More on The Website: winnersnetwork.io
π Learn more about Winners Network on Medium: https://medium.com/@winners_network
Telegram
Winners Network | Community
Winners Network's Official Telegram Community.
Get Whitelisted to Participate in the IDO
https://winnersnetwork.io/whitelist/
Telegram Announcement Channel: t.me/WinnersNetworkAnnouncement
Get Whitelisted to Participate in the IDO
https://winnersnetwork.io/whitelist/
Telegram Announcement Channel: t.me/WinnersNetworkAnnouncement
RUBIC - one-stop multichain DEFI solution!
Trade reDeFined between 5 blockchains. Rubic.exchange - all in one.
ETH BSC POLYGON XDAI TRON
Rubic is an ecosystem of useful crypto services. No matter whether you are a beginner or an experienced crypto trader, Rubic.exchange provides you with the ultimate solution.
We gladly offer:
π°Instant Trades
π°Custom Bridges
π°BNB / MATIC Tap
π°Cross-Chain Swaps
π°Cross-Chain Routing
π°Best Rates on the Market
If you are a project with low usersβ turnover, we are ready to help you!
β‘οΈRubic Relay Widget keeps users on a website transforming trades into one-step action: the widget suggests users the function of buying and selling tokens on the same website page, therefore users continue to work with a website longer
START TRADING WITH THE BEST EXCHANGE RATES NOW!
Trade reDeFined between 5 blockchains. Rubic.exchange - all in one.
ETH BSC POLYGON XDAI TRON
Rubic is an ecosystem of useful crypto services. No matter whether you are a beginner or an experienced crypto trader, Rubic.exchange provides you with the ultimate solution.
We gladly offer:
π°Instant Trades
π°Custom Bridges
π°BNB / MATIC Tap
π°Cross-Chain Swaps
π°Cross-Chain Routing
π°Best Rates on the Market
If you are a project with low usersβ turnover, we are ready to help you!
β‘οΈRubic Relay Widget keeps users on a website transforming trades into one-step action: the widget suggests users the function of buying and selling tokens on the same website page, therefore users continue to work with a website longer
START TRADING WITH THE BEST EXCHANGE RATES NOW!
SideShift.ai - Your Private, No Sign-up Crypto Exchange
- Coverage of 30+ cryptocurrencies, including BTC, ETH and multiple stablecoins π
- Supports large transactions π³
- Swaps to/from privacy coins like XMR & ZEC enabled π΅οΈββοΈπ«
- Alternative bridge for DeFi chains, SOL <-> ETH <-> BSC π
PASSIVE INCOME OPPORTUNITY: XAI is the native token for SideShift.ai. USERS can stake their XAI to receive a share of 25% of SideShift.ai revenues, distributed daily.
Staking stats:
- Average APY: 19%
- % of XAI locked in staking: 59.32%
Website: sideshift.ai
FAQ: help.sideshift.ai
Telegram: t.me/sideshift
Twitter: @sideshiftai
- Coverage of 30+ cryptocurrencies, including BTC, ETH and multiple stablecoins π
- Supports large transactions π³
- Swaps to/from privacy coins like XMR & ZEC enabled π΅οΈββοΈπ«
- Alternative bridge for DeFi chains, SOL <-> ETH <-> BSC π
PASSIVE INCOME OPPORTUNITY: XAI is the native token for SideShift.ai. USERS can stake their XAI to receive a share of 25% of SideShift.ai revenues, distributed daily.
Staking stats:
- Average APY: 19%
- % of XAI locked in staking: 59.32%
Website: sideshift.ai
FAQ: help.sideshift.ai
Telegram: t.me/sideshift
Twitter: @sideshiftai
β DeFi Summary / Week 28 2021
The DeFi economy is still in a fever. Down and up! DeFi's Total Locked Value (TVL) is $ 54.65 billion, significantly lower than last week. Are we in a Bearish cycle? Crypto winter?
So when is the next breakout and where will it go, up or down? We'll all find out soon enough. It is important to note that if in the near future the markets start to grow again, the surge in the development of Layer-2 scaling will play a colossal role. This means that L2 solutions tokens / quasi-assets can grow very well in price. Do you understand what I mean?
β Among the fundamental events that form the basis for the market jump up, the following can be noted:
π₯ Uniswap has officially launched its Uniswap V3 alpha on OΞ - the most iconic DEX. Ethereum is now open to alpha use in one of Ethereum's most promising scaling solutions, Optimism. A new era of DeFi has begun ... an era where everyone can access the best DeFi infrastructure at an affordable price.
βͺοΈArchs important Ethereum scaling solution zkRollup from zkSync now supports ERC20 swaps and limit orders - zkSync.
The new project update 1.x introduced ERC20 exchange capabilities and permissionless token lists.
Finally, let's take a look at the top performing DeFi tokens of the last week REP (+ 37%), OHM (+ 54%) and CREAM (+ 4%).
The DeFi economy is still in a fever. Down and up! DeFi's Total Locked Value (TVL) is $ 54.65 billion, significantly lower than last week. Are we in a Bearish cycle? Crypto winter?
So when is the next breakout and where will it go, up or down? We'll all find out soon enough. It is important to note that if in the near future the markets start to grow again, the surge in the development of Layer-2 scaling will play a colossal role. This means that L2 solutions tokens / quasi-assets can grow very well in price. Do you understand what I mean?
β Among the fundamental events that form the basis for the market jump up, the following can be noted:
π₯ Uniswap has officially launched its Uniswap V3 alpha on OΞ - the most iconic DEX. Ethereum is now open to alpha use in one of Ethereum's most promising scaling solutions, Optimism. A new era of DeFi has begun ... an era where everyone can access the best DeFi infrastructure at an affordable price.
βͺοΈArchs important Ethereum scaling solution zkRollup from zkSync now supports ERC20 swaps and limit orders - zkSync.
The new project update 1.x introduced ERC20 exchange capabilities and permissionless token lists.
Finally, let's take a look at the top performing DeFi tokens of the last week REP (+ 37%), OHM (+ 54%) and CREAM (+ 4%).