​​Persistence Overview

Persistence facilitates more efficient global capital allocation by allowing businesses and traders to draw loans against receivables in fundamentally new ways to meet their financing needs. On the other hand, it allows investors in low-interest jurisdictions to generate yield through a fundamentally new asset class in the form of real-world income-generating assets.

Persistence has a unique go-to-market strategy with Comdex, the first dapp in the Persistence ecosystem, which has already processed $30 million worth of commodity trades. Further, Persistence is targeting to close the $1.5 Trillion financing gap in the commodity trading industry. The solid validator set and strategic partnerships with projects such as Terra are a validation of their product-market fit.

The Persistence technology stack comprises:
▪️Persistence chain(s) - a network of sovereign business specific ‘App-chains’ with security provided by the Persistence main-chain and its set of validators
▪️Persistence SDK - a comprehensive suite of plug-and-play modules to spin up new or integrate into existing Exchanges & Marketplaces
▪️Persistence dApp(s) - finance applications focused on institutional and retail stakeholders

More about Comdex:
Comdex is a decentralised high seas physical commodity trading and trade financing application that covers the end-to-end trade life cycle from onboarding of traders/trading organizations to trade settlement and financing. Comdex is commodity agnostic and can facilitate trading of metals, grains, livestock, energy products etc.

The Persistence stack can be expanded to or integrated with other asset-based lending verticals pledging a wide range of cryptoassets, invoices, bills of exchange, accounts receivables and other assets as collateral.

We are looking for more updates from the project and recommend to subscribe to Persistence social channels not to miss important news.

TG: @PersistenceOneChat
Twitter: twitter.com/PersistenceOne
Medium: medium.com/persistence-blog

​​Oasis Network partners with Chainlink to Integrate Oracles for Access to Secure Off-Chain Data Resources!
👉 https://medium.com/oasis-protocol-project/oasis-network-chainlink-integrating-secure-and-reliable-oracles-for-access-to-off-chain-data-5d31e6e4591c

​​PeakDeFi by MarketPeak Overview

MarketPeak is an investment platform for FinTech projects and products that offers rewards to the community. In order to achieve this in the best possible way, projects are offered to investors during their early stages. Existing products & services will be tokenized and offered at special conditions to the MarketPeak Community. MarketPeak has recently released PeakDeFi mobile wallet app - the native mobile wallet for decentralized finance. Creating & importing wallets, borrowing, lending, exchange and staking in one app.

PeakDeFi features:
▪️DeFi Apps at your fingertips - Your one-stop solution for taking control of your decentralized finances. Native, in-wallet App for DeFi solutions for everyone.
▪️Create & import your Wallet - You can create or import your Ethereum Wallet in less than a minute and start the world of DeFi. Also you can use the “Watch Mode” to check public addresses.
▪️Security is the highest priority - Only you can access your assets; Peak DeFi stores your private keys safely in a local, isolated, and secure vault on your device to protect your account.

The project is working on the creation of a DeFi platform for token assets where anybody can use them worldwide and has full control over his or her assets. MarketPeak team plans to bring the classical, traditional asset market to a modern, decentralized and autonomous platform.
We are looking for more updates from the project and recommend to subscribe to MarketPeak social channels not to miss important news.

TG: @marketpeak_official
Website: marketpeak.com
Twitter: twitter.com/PeakDeFi

​​Huobi Global Launches FastTrack (Phase 12) divided into two stages: "Deposit to Vote" and "Use HT to Vote"

The two projects will release a total of 500,000 USDT equivalent token rewards. Each project will release 100,000 USDT equivalent tokens during Deposit Voting phase. During HT Voting phase each project will release 150,000 USDT equivalent tokens. Among them, users will be picked at random to share 20% of the project's tokens, and the remaining users will share the remaining 80% tokens. At the end of this phase, a total of approximately 150,000 USDT equivalent HT will be burned.

👉 https://support.hbfile.net/hc/en-us/articles/900002371803-Huobi-Global-Launches-FastTrack-Phase-12-on-September-1

​​Decentr Introduced Cerberus: Proprietary Blockchain Storage Solution

There are 3 critical components of the Decentr system that secure PDV:
▪️Cerberus — data storage and validation.
▪️Decentr — blockchain. In particular decentrd — node which can be connected to any blockchain client.
▪️Charon — browser plugin and Dec browser connector module (will be released soon)

👉 https://medium.com/@DecentrNet/introducing-cerberus-decentrs-proprietary-blockchain-storage-solution-8f9c8ca3137b

​​Gate 'HODL & Earn' has launched ‘MTRG Lock-up & Earn’ with 30% APR!
The total amount of MTRG to be locked is 300,000 MTRG. The lock-up period is 60 days, with an annual interest rate of 30%.
👉 https://www.gate.io/hodl/112

​​bZx’s Fulcrum Protocol goes live on PlutusDeFi

Fulcrum is the first lending protocol to be enabled since PlutusDeFi’s token launch, just over four weeks ago. Two currencies are currently enabled, USDC & DAI. Additional currencies will be enabled and made available for users to deposit within two weeks as PlutusDeFi V2 launches.

👉 https://medium.com/plutusdefi/bzxs-fulcrum-protocol-goes-live-on-plutusdefi-471315269e3c

​​Crypto.com Exchange Presents Stake-to-Take

Earn up to 0.1% on your taker fees when you trade on the Exchange. Minimum staking requirement has been reduced by 50% to 5,000 CRO for both individual and institutional customers to be eligible. The more CRO you stake, the higher the rebates you receive.

👉 https://blog.crypto.com/crypto-com-exchange-stake-to-take/

​​COTI Pay VIPER pay.coti.io is LIVE!
👉 https://medium.com/cotinetwork/coti-pay-viper-is-here-1190e78a0fea

​​FTX will launch Hedget (HGET) IEO on September 4th at 1:00 PM UTC!
👉 https://help.ftx.com/hc/en-us/articles/360048927331

​​BitMax.io has listed FinNexus (FNX) under the trading pair of FNX/USDT!
👉 https://bitmaxhelp.zendesk.com/hc/en-us/articles/360053674913-FinNexus-FNX-

​​Prometeus labs has presented censorship antidote– Ignite.so!
Ignite is a nonprofit decentralized microblogging service built on Prometeus and powered by Arweave. It allows everyone to share her/his mind freely via texts and media files. Technically, Ignite represents a set of independent and equitable nodes.
👉 https://medium.com/prometeus-network/even-unpopular-opinions-deserve-to-be-heard-prometeus-labs-presents-censorship-antidote-4b4673a03d0e

​​Plutus has announced 10 new partnerships including Sky, Vodafone, AliExpress and more. Owning PLU gives you additional cashback (on top of the regular 3% cryptoback) at these partnered retailers.

Last week the crypto card announced plans to pursue a banking license, which means you would have access to countless additional fiat features that are popular!

👉 https://medium.com/plutus-it/new-arrivals-to-plutus-perks-august-update-35fb8d4ec645

​​Aegis DeFi released updates on its Product Development

▪️Contract development completed and under testing
▪️Internal testing will be partially open to the community
▪️Decentralized Oracle independently developed by Aegis completed testing
▪️Development of Aegis DApp and user dashboard completed and under testing

AGS will soon be listed on Uniswap and top-tier exchanges! Join the Aegis official group and find more!

👉 https://medium.com/aegisdefi-blog/updates-on-aegis-product-development-4695c1a2662c

​​Swingby and Waves combine forces to bridge LTC, BEP-2 tokens and privacy coins into Gravity!
👉 https://medium.com/wavesprotocol/swingby-and-waves-combine-forces-to-bridge-ltc-bep-2-tokens-and-privacy-coins-into-gravity-91915d1385a0

​​Stafi StakingDrop 1st stage has ended with more than $205M worth of staked assets have been bonded across 1767 addresses!
Stafi is the first DeFi protocol unlocking liquidity of staked assets. Users can stake PoS tokens through Stafi and receive rTokens in return, which are available for trading, while still earning staking rewards. Stafi is aiming for a public auction and listing right after in September, stay tuned for more news regarding official exchange partner!
👉 https://medium.com/stafi/stats-of-stakingdrop-over-200m-bonded-mainnet-is-coming-87d03dbce09a

​​RiveX has completed the burn of 98% of total supply, 1.39B RVX has been burned with only 25M remaining!
The whole total supply of 25M RVX will be moved to Ethereum to enable yield farming, liquidity mining, liquidity pool and other DeFi activities on Etehreum. The token migration from WRC to ERC will happen in the coming 1-2 weeks.
👉 twitter.com/RiveXFoundation/status/1300725698772873216

​​Japan’s Largest Compliance Exchange Coincheck To List IOST on 8 September 2020

IOST has become the 14th compliant token on Coincheck and the 29th compliant token in the Japanese market. After 3 years of in-depth layout and market expansion in Japan, IOST has been approved by the Financial Services Agency (FSA), the Trading platforms supervision Alliance in Japan, and will be listed on the largest compliance exchange in Japan, Coincheck.

👉 https://medium.com/iost/japans-largest-compliance-exchange-coincheck-to-list-iost-on-8-sep-2020-c7f893d0669f

​​Bifrost, Polkadot ecosystem DeFi protocol just raised $600,000 in a seed round

@bifrost_finance announced that it has completed a $600,000 seed round of investment involving NGC Ventures, SNZ Holding, Digital Renaissance, Consensus Lab, LongHash Ventures, DFG, Youbi Capital, Bitrise Capital, Nova Club and other institutions. Before that, Bifrost has received a Grant from the Web3 Foundation and is also a member of the Substrate Builders Program and Web3 Bootcamp.

According to the team, before the seed round of fundraising, it has collected more than 160 investment intention forms, with an intention to invest more than $3 million. There are many early Polkadot investors and staking business-related institutions that successfully participated in the seed round. In future, Bifrost will be provided with assistance in various aspects such as parachain slot auctions and staking liquidity business support.

👉 https://cointelegraph.com/press-releases/defi-protocol-bifrost-just-raised-600-000-in-a-seed-round

​​Persistence has received an ICF grant for Interchain NFT standards!
👉 https://medium.com/@interchain_io/icf-q2-2020-funding-recipients-e5cbb326c23c