Token Daily
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Lead author's channel about blockchain projects

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Plantain for BTC

Every time BTC starts to "decentralize to the people" or grow in a negative direction, go to the plantain site.
https://www.bybt.com/Grayscale

Grayscale Bitcoint Trust Flows shows how much BTC flows towards the GBTC fund on weekdays.

On Friday, "Grayscale" gained another 5130 BTC at the current rate. We are waiting for Monday and the buy anyprice anyway button.
πŸ“ˆ Yesterday, the difficulty of BTC mining reached another maximum.

The competition for new coins is off the charts.
β€‹β€‹πŸŽ‰50,000 users have been waiting for this!

πŸ”₯January 27, new Nimbus functionality goes LIVE!

πŸ’ŽNimbus launches a new DeFi platform that lets you participate in top financial opportunities with crypto - IPOs, Startup Financing, and more. All via one DAO-governed ecosystem and one token: NBU.

NBU lets you partake in 10+ pools with clear mechanisms behind each, including:
βœ…IPO participation
βœ…Startup Crowdfunding
βœ…Arbitrage-Trading (its centralized version is used by 50,000 people)
βœ…P2P lending, and more

What else you should know?
πŸ”·Major Liquidity Providers support
πŸ”·Anti pump&dump strategy in place
πŸ”·DAO where only 10% governance tokens belong to Nimbus
πŸ”·Proven security and compliance, top team

β€ΌοΈπŸš€Don’t miss the Launch: 8:00 AM CET, January 27

πŸ€‘Get your NBUs while the price is low: http://app.nimbusplatform.io

Chat: t.me/Nimbus_Platform_ENG
News: t.me/nmbplatform
Web: nimbusplatform.io
🌢 Key News of Governance Tokens

- Yearn proposes to create another 6,666 YFI (1 YFI ~ $ 31,000) to fund future protocol developments.
- Maker approves higher debt ceilings for ETH-A and WBTC-A.
- Aave suggests adding support for 1INCH control token.
- Index Coop votes to continue further research proposed by Pulse Inc. flexible leverage index (FLI).
- Curve discusses how to distribute the commission received from the asset exchange through Synthetix.

Governance tokens give their owners the right to influence decisions, protocol, product or roadmap of functions, as well as changes in governance parameters. ... Another common form of project management is token-based treasury management.
Circle makes it easier for US customers to purchase USDC stablecoin

Circle announced the addition of Automated Clearing House (ACH) payment support, which will allow US users to buy USD Coin (USDC) stablecoin and use the Circle API to integrate various products and protocols using USDC. US customers use ACH to transfer funds between regulated banking institutions, pay bills, and withdraw funds from their bank accounts.

ACH support will allow businesses to easily accept and convert bank transfers to USD and vice versa. Circle and crypto exchange Coinbase jointly support USDC. Crypto exchange FTX has already integrated the Circle API and the ACH service.

β€œAPI Circle provides us with a fast and reliable infrastructure to connect customer bank transfers to our new retail products,” FTX founder Sam Bankman-Fried said in a press release. "And with seamless settlement in USDC through Solana and Ethereum, FTX can improve the user experience for crypto investors."

USDC was launched in September 2018 and has since become the second most popular stablecoin. Its $ 5.5 billion offer is second only to Tether with a capitalization above $ 25 billion. During 2020, USDC's supply has grown by almost 700%.
πŸ“– The trading volume on decentralized exchanges for incomplete January exceeded $ 50 billion. Uniswap is the constant leader in this segment.

In August last year, Uniswap surpassed the largest US exchange Coinbase in terms of trading volume. In September, it launched its own UNI token, the excitement around which has served as a powerful driver for further growth in the DeFi sector.

Uniswap is preparing to launch the third version of the platform, which promises to be faster, more scalable and capital efficient. The upgrade is expected to take place in the first quarter of 2021.
πŸ“² Team #EGLD today launches financial decentralized application from Elrond - Maiar.com

There is information that an Airdrop from EGLD is possible

Maiar.com You can register at the link. In two clicks.
Never before have there been so many active addresses on the bitcoin network. MTC received or sent 22.3 million in January - an all-time high.
How the crypto market has changed over the past six months: 6 trends

πŸ”Ή The market is certainly on the rise. The first leap was in August-September, when DeFi projects flooded. The second was at the beginning of this year, when Bitcoin hit its highs.

πŸ”Ή ICOs are not dead. The market has no memory, like a fish, so those who come to the market do not see any problem in doing a token sale: no one knows about the sad statistics on the fundraising of predecessors. ICO DeFi is a trend.

πŸ”Ή IEO DeFi is also a trend. Think IEOs are out of fashion? Yes, market volumes have dropped. If for the IEO the exchange in the summer of 2019 received a total of $ 1-2 million, now I estimate the indicator at $ 300k (I could be wrong, the guys from ListingHelp know better). Every third sale on the exchange runs a DeFi project.

πŸ”Ή Blockchain marketing agencies are also doing well (of course, we are talking about those who knew how to sell themselves until the last rise). In terms of budget structure, there are 3 main areas: a. traffic (media, context), b. influencers, c. PR. Half of the major agencies have died since 2017/18, but now, for the first time in years, new ones are emerging.

πŸ”Ή The Russian crypto market is keeping pace with international growth. The number of requests in Yandex related to the development of smart contracts, the launch and promotion of blockchain startups has doubled over the year. True, if we compare the number of requests at the beginning of 2018 and now, then we have a drop by 3/4.

πŸ”Ή By geolocation: South Korea, and the entire Asian market, has lost interest in the eyes of blockchain projects. A year or two ago, ICO / IEO projects from Russia, Europe specially made South Korean versions of sites in order to target this market - now there is no such thing.
Coindesk depicted the dynamics of the reserves of Microstrategy, the first public company to decide to transfer the treasury to Bitcoin (filled blue area), the dynamics of the stock price (red line) and the price of Bitcoin (yellow).
πŸ”₯πŸ”₯πŸ”₯Tesla has invested $ 1.5 billion in bitcoin and plans to accept BTC as payment in the future.
Bitcoin 43000 $ !!!
$NWC

One of the most promising lowcaps lately has entered the DEX world with Uniswap listing and they got 200k volume in the first hour!

The project just launched their biggest product so far, a mobile crypto APP. The app wil increase token utility and with it grow the demand for the token. They are also partnered with the big players in the industry including Coinmarketcal and KuCoin.

Due to this reasons and the ongoing bull run we believe that projected token price of 2USD will be reached before summer 2021.

Token can be found on #KuCoin and #Uniswap. Trading pair on uniswapπŸ‘‡

http://bit.ly/3cT8jee
- Maker is adding a survey to evaluate support for including Uniswap V2 LP tokens as a supported collateral type.
- Sushiswap publishes new hiring guidelines for its core team.
- Community member Aave suggests adding liquidity incentives to Aave V2.
- Community member Yearn suggests using Uniswap V2 tokens to get Dai for the yDai Vault project.
- Curve launched the FRAX-3Pool metapool.

Governance tokens give their owners the right to influence decisions, protocol, product or roadmap of functions, as well as changes in governance parameters. ... Another common form of project management is token-based treasury management.
The number of MTC in the hands of long-term holders for the first time in several years has become lower than the number in the hands of short-term investors.
By itself, this phenomenon does not affect the market; it is a banal, gradual process of money redistribution from weak to strong holders. It is not very encouraging that almost half of the balance of long-term holders has already been sold. This means that growth cycles are getting shorter. 2021 is going to be a bullish year, but it's hard to count on more ...
🌢 Key DeFi Events You Should Know About:

βž• Degenerate financing is presented by β€œuSTONKS”
In short: A degenerate finance platform backed by Yam Finance has launched uSTONK, a series of core tokenized assets that users can take long or short positions, or even use in liquidity mining campaigns.

πŸ’² 1inch Liquidity Program with Tornado
In short: The DEX 1inch aggregator has teamed up with the privacy protocol Tornado.Cash to offer a shared reward for mining liquidity in the size of an ETH / TORN 1inch pool.

βœ–οΈ Bancor Progress Report (February 2021)
In short: The Bancor team details the latest protocol advances, such as the 2000% rise in TVL since the launch of Bancor v2.1.

βž— KPI UMA parameters and distribution
In short: the UMA protocol team is introducing a new incentive mechanism called KPI options, which are options for TVL DeFi projects and thus incentivize owners to increase those TVLs.

πŸ’ˆ Decentralized financial markets based on blockchain and smart contracts
In short: The St. Louis branch of the US Federal Reserve has released a research report exploring the possibilities of the nascent DeFi ecosystem.

πŸ”œ Badger DAO + Yearn
In short: Badger DAO and Yearn are developing BTC vaults.

πŸ’² Three Arrows and DeFiance Capital join Balancer Series for $ 12M
In short: The Balancer team's Series A funding round has grown to $ 12 million thanks to a recently pooled $ 5 million investment from renowned crypto venture capital firms Three Arrows Capital and DeFiance Capital.
❗️ Friends, you should pay attention to these projects!
List of the most underrated De-Fi projects. The main assessment criterion: the smallest ratio of token capitalization to the value of assets locked in the protocol.
🌢 DeFi is on fire. Key DeFi Events part 2

πŸ’²Amid the 2021 crypto bull run, the decentralized finance markets have more than doubled in total value locked year to date.

πŸ’²DeFi is primarily linked to Ethereum as an asset since a majority of protocols and dApps are built on the Ethereum blockchain.

πŸ’²The dominating DEX is Curve Finance, holding over 30% of the total value locked in all DEXs. But there is high probability that most of DeFi will remain on the sidelines because of fucking high commission on ETH transactions.

πŸ’²The one, who will continue to expand and flourish is 1inch DEX-aggregator.1Inch Expands to Binance Smart Chain Citing ETH Gas Fees.

πŸ’²The 1INCH token on Binance Smart Chain will be used for a bridge between the Binance and Ethereum networks.1inch users will get access to PancakeSwap, BurgerSwap, StreetSwap, Venus, StableSwap, JulSwap, BakerySwap, and other Binance-based DEXes and lending protocols.

πŸ’²Moreover, 1inch added BNB-1INCH pool to its farming program. Over a four-week period, 0.01% of the 1INCH total supply will be distributed among liquidity providers.
Comparison of the Polkadot and Ethereum ecosystems in terms of potential parachains on the Polkadot network and their competitors on the Ethereum network
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