ββBifrost, 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.
π https://cointelegraph.com/press-releases/defi-protocol-bifrost-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.
π https://cointelegraph.com/press-releases/defi-protocol-bifrost-just-raised-600-000-in-a-seed-round
ββPersistence has received an ICF grant for Interchain NFT standards!
π https://medium.com/@interchain_io/icf-q2-2020-funding-recipients-e5cbb326c23c
π https://medium.com/@interchain_io/icf-q2-2020-funding-recipients-e5cbb326c23c
ββAllianceBlock and @OrionProtocol announce an industry-first DeFi integration offering traditional finance entities a singular gateway to crypto - accelerating blockchainβs mainstream adoption!
π https://blog.orionprotocol.io/alliance-block
π https://blog.orionprotocol.io/alliance-block
ββiFinex Inc. invests more than US$1M in Dusk Network
The collaboration paves the way for the creation of a regulated security token exchange. Through the digitization of securities, the exchange project is designed to bring liquidity and transferability to assets.
π https://dusk.network/news/ifinex-ste
The collaboration paves the way for the creation of a regulated security token exchange. Through the digitization of securities, the exchange project is designed to bring liquidity and transferability to assets.
π https://dusk.network/news/ifinex-ste
βββοΈDear community, CryptoDiffer will hold an AMA with Cypherium on the 2nd of September at 1:00 PM UTC in the CryptoDiffer Telegram Chat!
The rewards pool for the best questions is $100 in USDT!
(Questions from previous AMAs are strictly forbidden and people will be disqualified from participating in the reward distribution.)
CHAT π£ https://t.me/joinchat/Brbs51k5cWoRBKtsgmb6Ew
The rewards pool for the best questions is $100 in USDT!
(Questions from previous AMAs are strictly forbidden and people will be disqualified from participating in the reward distribution.)
CHAT π£ https://t.me/joinchat/Brbs51k5cWoRBKtsgmb6Ew
ββMiniswap has made new breakthroughs in DEX technologies on Ethereum!
Miniswap 2.0 is an entirely new generation of interoperable privacy preserving decentralised exchange service, with breakthroughs on the scalability and trans-fee-efficiency. Miniswap 2.0 achieves the interoperability by extending the Miniswap Global protocol.
π twitter.com/mini_swap/status/1300110900607684608
Miniswap 2.0 is an entirely new generation of interoperable privacy preserving decentralised exchange service, with breakthroughs on the scalability and trans-fee-efficiency. Miniswap 2.0 achieves the interoperability by extending the Miniswap Global protocol.
π twitter.com/mini_swap/status/1300110900607684608
ββFlashSwap Overview
FlashSwap aims to utilise the ERC20 asset class to provide a facility that offers classes of products such as derivatives and margin trades, which in turn allows the more sophisticated investor to manage their portfolios more efficiently and effectively as well as opening up further routes for speculation. The decentralised, trustless nature of our offerings means that individuals will always retain complete control over their assets throughout the trade.
Flashswap is a protocol for the decentralised trading and execution of financial products. It is designed for fully automated, end-to-end margin trading on open public networks, secured with proof of stake.
The Flashswap token is used for staking and delegation on the proof of stake network and to paricipate in on-chain governance:
βͺοΈStaking - Tokens can be staked by node operators to participate in consensus and receive a share of revenue. Holders who are not running validator nodes can delegate tokens to node operators and receive fee revenue.
βͺοΈGovernance - Approving and rejecting proposed markets. On-chain governance will be used to update network parameters and enable new features and risk model updates.
βͺοΈLiquidity provision - Liquidity providers will be rewarded tokens for providing liquidity. The incentive mechanism is based on platform macro liquidity and liquidity of the specific pool. Liquidity rewards will be distributed weekly starting from platform launch.
π flashswap.net
FlashSwap aims to utilise the ERC20 asset class to provide a facility that offers classes of products such as derivatives and margin trades, which in turn allows the more sophisticated investor to manage their portfolios more efficiently and effectively as well as opening up further routes for speculation. The decentralised, trustless nature of our offerings means that individuals will always retain complete control over their assets throughout the trade.
Flashswap is a protocol for the decentralised trading and execution of financial products. It is designed for fully automated, end-to-end margin trading on open public networks, secured with proof of stake.
The Flashswap token is used for staking and delegation on the proof of stake network and to paricipate in on-chain governance:
βͺοΈStaking - Tokens can be staked by node operators to participate in consensus and receive a share of revenue. Holders who are not running validator nodes can delegate tokens to node operators and receive fee revenue.
βͺοΈGovernance - Approving and rejecting proposed markets. On-chain governance will be used to update network parameters and enable new features and risk model updates.
βͺοΈLiquidity provision - Liquidity providers will be rewarded tokens for providing liquidity. The incentive mechanism is based on platform macro liquidity and liquidity of the specific pool. Liquidity rewards will be distributed weekly starting from platform launch.
π flashswap.net
ββPrometeus Introduced Memezator: DeFi element of Ignite
Memezator is a daily community contest and lottery which allows you earn money by creating the memes and voting for them. Prometeus foundation has allocated 100 000 PROM as a Memezator reward pool for the next 60 days. Every day you can submit your Meme to the contest and win a significant amount of PROM tokens. If you are not a creative person, but you want to participate, simply log in to Ignite and vote for the funniest meme to share part of the daily reward pool.
π https://medium.com/@prometeus_labs/introducing-memezator-defi-element-of-ignite-proof-of-meme-120-000-to-giveaway-4113828a064d
Memezator is a daily community contest and lottery which allows you earn money by creating the memes and voting for them. Prometeus foundation has allocated 100 000 PROM as a Memezator reward pool for the next 60 days. Every day you can submit your Meme to the contest and win a significant amount of PROM tokens. If you are not a creative person, but you want to participate, simply log in to Ignite and vote for the funniest meme to share part of the daily reward pool.
π https://medium.com/@prometeus_labs/introducing-memezator-defi-element-of-ignite-proof-of-meme-120-000-to-giveaway-4113828a064d
βββοΈDear community, CryptoDiffer will hold an AMA with Sperax on the 3rd of September at 1:00 PM UTC in the CryptoDiffer Telegram Chat!
The rewards pool for the best questions is $100 in USDT!
(Questions from previous AMAs are strictly forbidden and people will be disqualified from participating in the reward distribution.)
CHAT π£ https://t.me/joinchat/Brbs51k5cWoRBKtsgmb6Ew
The rewards pool for the best questions is $100 in USDT!
(Questions from previous AMAs are strictly forbidden and people will be disqualified from participating in the reward distribution.)
CHAT π£ https://t.me/joinchat/Brbs51k5cWoRBKtsgmb6Ew
ββFLETA and KardiaChain Partners Up to Explore Interoperability and Cooperate for a Broader Ecosystem!
KardiaChain is entering a partnership with FLETA β the project which receives endorsement of the blockchain integration in existing healthcare and medical industries from the South Korean government.
π https://medium.com/kardiachain/fleta-and-kardiachain-partner-to-strengthen-korean-vietnam-government-based-blockchain-initiatives-8587dcd32362
KardiaChain is entering a partnership with FLETA β the project which receives endorsement of the blockchain integration in existing healthcare and medical industries from the South Korean government.
π https://medium.com/kardiachain/fleta-and-kardiachain-partner-to-strengthen-korean-vietnam-government-based-blockchain-initiatives-8587dcd32362
ββBmining Introducing Brand New DeFi: bmining.finance
bmining.finance allows users to participate in DeFi by connecting MetaMask wallets and it is expected to give its users 36% annualized return. Users can convert ETH into BETH at a 1:1 ratio and stake BETH on the bmining.finance to start earning profits. During the valid staking period, the ETH profits earned per wallet address will be gradually released according to blocks mined.
π https://www.coinspeaker.com/bmining-introducing-brand-new-defi-bmining-finance-bithumb-family/
bmining.finance allows users to participate in DeFi by connecting MetaMask wallets and it is expected to give its users 36% annualized return. Users can convert ETH into BETH at a 1:1 ratio and stake BETH on the bmining.finance to start earning profits. During the valid staking period, the ETH profits earned per wallet address will be gradually released according to blocks mined.
π https://www.coinspeaker.com/bmining-introducing-brand-new-defi-bmining-finance-bithumb-family/
ββFirst distribution of Akropolis Delphi token ADEL is taking place today
Akropolis starts to distribute ADEL, governance token of Delphi platform. 60,000,000 ADEL was minted as fixed supply and will be distributed linearly over 6 months.
π twitter.com/akropolisio/status/1300867420618469376?s
Akropolis starts to distribute ADEL, governance token of Delphi platform. 60,000,000 ADEL was minted as fixed supply and will be distributed linearly over 6 months.
π twitter.com/akropolisio/status/1300867420618469376?s
ββDEFI FRIENDLY CEX's
It looks like everybody is hunting for DeFi tokens nowadays. This is why we decided to research which CEX's have the most of the DeFi assets listed. While the most widespread asset is LINK tokens which is available on 14 out of 14 exchanges from the list!
Data Source: CoinGecko, we applied filter Decentralized Finance (DeFi) to choose the projects that fall under the category of DeFi
It looks like everybody is hunting for DeFi tokens nowadays. This is why we decided to research which CEX's have the most of the DeFi assets listed. While the most widespread asset is LINK tokens which is available on 14 out of 14 exchanges from the list!
Data Source: CoinGecko, we applied filter Decentralized Finance (DeFi) to choose the projects that fall under the category of DeFi
ββAnkr has won the Huobi Global FastTrack and gets listed on Huobi
Ankr won with 10,586,970 votes vs Standard Tokenization Protocol with 7,124,124 votes. Ankr trading started September 2nd, 14:00 UTC. Deposits and withdrawals are available.
π https://www.huobi.fm/en-us/topic/fast-track/votev2/
Ankr won with 10,586,970 votes vs Standard Tokenization Protocol with 7,124,124 votes. Ankr trading started September 2nd, 14:00 UTC. Deposits and withdrawals are available.
π https://www.huobi.fm/en-us/topic/fast-track/votev2/
ββShyft Network is adding Huobi, Bitfinex and Tether to Governance Task Force!
Shyftβs Veriscope Governance Task Force includes recent joiners Binance and Bitfury, as well as a globally distributed collection of crypto firms such as BCW, HashKey Pro, Tokocrypto, Unocoin, Paycase Financial and CoinHako. Veriscope intends to provide a governance and rules framework whereby virtual asset service providers can trust each other. It keeps them in a democratic environment in terms of making rules and, because of the transparency between them, allows firms to take the risk of sharing information that could at times be commercially competitive
π https://www.coindesk.com/shyft-network-fatf-veriscope-huobi-bitfinex-tether
Shyftβs Veriscope Governance Task Force includes recent joiners Binance and Bitfury, as well as a globally distributed collection of crypto firms such as BCW, HashKey Pro, Tokocrypto, Unocoin, Paycase Financial and CoinHako. Veriscope intends to provide a governance and rules framework whereby virtual asset service providers can trust each other. It keeps them in a democratic environment in terms of making rules and, because of the transparency between them, allows firms to take the risk of sharing information that could at times be commercially competitive
π https://www.coindesk.com/shyft-network-fatf-veriscope-huobi-bitfinex-tether
ββOMFIF welcomes Algorand as a new member of the Digital Monetary Institute
The OMFIF Digital Monetary Institute (DMI) is a high-level group which convenes policy-makers, technologists, financiers and regulators to explore the challenges and opportunities of digital finance. The principal focus will be on payments instruments in wholesale and retail markets, with central bank digital currency being of particular interest. This builds on OMFIF research in the field, including a major survey on trust in monetary institutions which found that central banks were the most trusted institutions to issue digital currency.
π twitter.com/OMFIF/status/1301061662129217537
The OMFIF Digital Monetary Institute (DMI) is a high-level group which convenes policy-makers, technologists, financiers and regulators to explore the challenges and opportunities of digital finance. The principal focus will be on payments instruments in wholesale and retail markets, with central bank digital currency being of particular interest. This builds on OMFIF research in the field, including a major survey on trust in monetary institutions which found that central banks were the most trusted institutions to issue digital currency.
π twitter.com/OMFIF/status/1301061662129217537
ββThe Force Protocol ForTube2.0 Will be Launched in Early September, Creating Worldβs Top DeFi Lending Platform!
π https://medium.com/@theforceprotocol/fortube2-0-will-be-launched-in-early-september-creating-worlds-top-defi-lending-platform-d1590a57f336
π https://medium.com/@theforceprotocol/fortube2-0-will-be-launched-in-early-september-creating-worlds-top-defi-lending-platform-d1590a57f336
ββAleph.im (ALEPH) to be listed on Serum under the ALEPH/USDT trading pair soon!
π twitter.com/aleph_im/status/1301158417638346753
π twitter.com/aleph_im/status/1301158417638346753
ββAave Lending Protocol will go live on PlutusDeFi.com on Thursday 3rd September!
Two currencies are currently enabled, USDC & DAI. An additional 11 currencies will be enabled and made available for users to deposit within two weeks as PlutusDeFi V2 launches.
π https://medium.com/plutusdefi/aave-lending-protocol-set-to-go-live-on-plutusdefi-com-e4660ee32bd5
Two currencies are currently enabled, USDC & DAI. An additional 11 currencies will be enabled and made available for users to deposit within two weeks as PlutusDeFi V2 launches.
π https://medium.com/plutusdefi/aave-lending-protocol-set-to-go-live-on-plutusdefi-com-e4660ee32bd5
ββDeFiner Overview
DeFiner empowers users to put their crypto assets to work by earning, lending and borrowing on its non-custodial platform β powered by blockchain technology. Because DeFiner is truly peer-to-peer, it allows users to instantly and effortlessly access financial products while cutting out costly middlemen. By providing 24/7 global accessibility, DeFiner allows those embracing the new, digital economy to unlock instant value from their assets.
The FIN token is a way for DeFiner to distribute profits, reward FIN holders through mining, and allow users to vote on important decisions with the platform:
βͺοΈDistributed Profits - DeFiner redistributes all profits collected on the platform back to FIN token holders, including transaction fees and interest collected. Collected profits will be distributed proportionally according to your FIN holding ratio. The more FIN you own, the more profits you earn.
βͺοΈProof Of Premium (POP) - By contributing lending capital and collateral on the network, lenders and borrowers are entitled to a portion of the newly mined FIN. The duration and value of those assets staked will be used to calculate how much FIN the lender or borrower will get proportionally. The number of newly mined FIN follows a predefined deflationary curve.
βͺοΈVoting Rights - Decentralized governance is an important aspect of the DeFiner ecosystem. The FIN token is also designed to represent voting rights for holders. This keeps the platform secure, evolving, and allows users to decide on the trajectory of the platform. Each FIN token entitles you to one voting right, so owning more FIN gives more votes.
DeFiner has a working product. For the rest of 2020 (Q3 & Q4) DeFiner is planning to have DeFi Wallet Gemini Launch and DeFi Loan & Savings Mobile Launch. The project is backed by Microsoft, Consensus Labs, Techstarts, LD Capital & Nex3!
TGE and Liquidity Mining Event will be rolling out very soon. We are looking for more updates from the project and recommend to subscribe to DeFiner social channels not to miss important news.
TG: @DeFiner
Website: definer.org
Twitter: twitter.com/definerorg
DeFiner empowers users to put their crypto assets to work by earning, lending and borrowing on its non-custodial platform β powered by blockchain technology. Because DeFiner is truly peer-to-peer, it allows users to instantly and effortlessly access financial products while cutting out costly middlemen. By providing 24/7 global accessibility, DeFiner allows those embracing the new, digital economy to unlock instant value from their assets.
The FIN token is a way for DeFiner to distribute profits, reward FIN holders through mining, and allow users to vote on important decisions with the platform:
βͺοΈDistributed Profits - DeFiner redistributes all profits collected on the platform back to FIN token holders, including transaction fees and interest collected. Collected profits will be distributed proportionally according to your FIN holding ratio. The more FIN you own, the more profits you earn.
βͺοΈProof Of Premium (POP) - By contributing lending capital and collateral on the network, lenders and borrowers are entitled to a portion of the newly mined FIN. The duration and value of those assets staked will be used to calculate how much FIN the lender or borrower will get proportionally. The number of newly mined FIN follows a predefined deflationary curve.
βͺοΈVoting Rights - Decentralized governance is an important aspect of the DeFiner ecosystem. The FIN token is also designed to represent voting rights for holders. This keeps the platform secure, evolving, and allows users to decide on the trajectory of the platform. Each FIN token entitles you to one voting right, so owning more FIN gives more votes.
DeFiner has a working product. For the rest of 2020 (Q3 & Q4) DeFiner is planning to have DeFi Wallet Gemini Launch and DeFi Loan & Savings Mobile Launch. The project is backed by Microsoft, Consensus Labs, Techstarts, LD Capital & Nex3!
TGE and Liquidity Mining Event will be rolling out very soon. We are looking for more updates from the project and recommend to subscribe to DeFiner social channels not to miss important news.
TG: @DeFiner
Website: definer.org
Twitter: twitter.com/definerorg