DeFi Telegraph (eng) ( ICO reviews)

2021-04-26 21:10:00 WePiggy officially launched LRC lending marketplace and opened pLRC mining pool

DeFi WePiggy officially launched an LRC lending marketplace on April 26 and supports pLRC liquidity mining and LRC token lending. Participants will reportedly be paid in WePiggy tokens (WPC).

Loopring Protocol (LRC) is a high-performance, decentralized transaction protocol based on Ethereum. WePiggy says in a statement that "it has always been an industry leader in terms of technology iterations and product updates," and that LRC was the first background project from the Chinese team to be listed on Coinbase.

"On the one hand, the launch of LRC's lending marketplace will help scale the high quality assets of the WePIggy lending protocol on the Ethereum core network." Open / Comment

2021-04-26 19:27:09 The number of DeFi projects with TVLs over $1 billion has reached 26

According to DeFiLlama, the current blocked value in DeFi exceeds $110 billion, and there are 26 projects with more than $1 billion.

Statistical aggregator DeFiLlama has counted the exact number of DeFi unicorns - there are 26. And most of them, 19 DeFi platforms run the Ethereum ecosystem, with MakerDAO having the largest blocked position with $9.5 billion.

Four unicorns count BSC, including Pancakeswap (CAKE), the largest DeFi platform with a blocked position of more than $7.9 billion. Polygon (MATIC) and Terra (Mirror) also have one billion DeFi project each. Among multichain projects, only Lido (LDO) passed this milestone. Open / Comment

2021-04-26 17:04:00 ACoconut v2 launches public testing on the Ethereum network

The ACoconut V2 version will support BTC income tokens on Curve, Vesper Finance and Badger on the Ethereum network. Minting and stacking renCrv +, vWBTC + and brenCrv + can generate interest and AC rewards.

What is ACoconut?
ACoconut (AC) is a set of BTC DeFi protocols designed to seamlessly move BTC liquidity between decentralized systems. The ACoconut protocol set consists of BTC+ and acBTC supported by NUTS Finance.

What is NUTS Finance?
NUTS Finance is an emerging blockchain-DAO that focuses on creating secure, lump-sum, open-source DeFi technologies to empower blockchain-based financial applications.

"Our team consists of experienced developers, financiers, and serial entrepreneurs," is what the developers write about themselves. Open / Comment

2021-04-25 20:43:01 Occam Finance and Changelly will launch a joint DeFi project on Cardano

According to official news, Occam Finance (OCC), the first asset release platform and liquidity solution on the Cardano network (ADA), has officially announced that it will collaborate with Changelly to create a new project, which will also be the first IDO project on the OccamRazer funding platform.

Changelly is a popular instant cryptocurrency/fiat trading platform. It has supported more than 100 digital assets since its launch in 2015.

DeFi platform Occam.fi is positioned by the developers as the first decentralized startup panel and set of DeFi applications developed specifically for Cardano ecosystem (ADA). Open / Comment

2021-04-25 18:22:07 Hord (HORD) is up 2500% after listing on KuCoin

KuCoin has launched trading of the project token HORD (HORD) and supports the trading pair HORD/USDT. The opening price of HORD is 0.025 USDT, the current quote is 0.65 USDT and the online growth is 2500%.

After a number of private sales, the launch of HORD token trading is conducted at once on four exchange platforms - KuCoin, Gate.io, Uniswap and FlyBit.

Hord (HORD) is a cryptocurrency ETF index fund platform that allows anyone to create ETFs on the platform, and the platform offers users great investment strategies. Open / Comment

2021-04-25 16:04:05 NEST Protocol added a management module and eliminated dividends

An update to NEST v3.6 is currently underway and will be rolled out on April 27, 2021. Version 3.6 will add a voting management module and eliminate dividends entirely.

The update will include the following changes.

Any change to the agreement must be approved by 51% of the community.
Dividends are completely eliminated and all covenant income is used for redemption.
The NEST Token dual channel quote scale is 30 ETH unchanged and the nToken quote scale is adjusted to 10 ETH.
The commission per pair quote is adjusted from 0.33% of the scale factor to a positive integer multiple of a fixed unit to 255 times.

The NEST commission unit is 0.1ETH and the nToken commission unit is 0.05ETH.

It is reported that after the update, the NEST protocol will be fully integrated with projects such as CoFiX and Parasset. Open / Comment

2021-04-23 16:39:01 CCSwap launches ITO on Mask Network and Ethereum

CCSwap, the AMM composite transaction protocol for decentralized lending, will conduct ITO (Initial Twitter Offering) via Mask Network. The token is called "CC" and supports dual-currency subscriptions to MASK and ETH. The circulation is 50,000 CC and the subscription cost is 0.7USDT.

CCSwap (CC) is a decentralized AMM complex transaction protocol that supports innovative features such as credit issuance and liquidity mining, onchain transactions with perpetual contracts, options and transactional mining.

CC is a management token issued based on the ERC20 and BEP20 protocols with value capture capabilities. Token CC will continue to empower the CCSwap ecosystem, and holders will benefit from the corresponding rights and interests of the entire CC token ecosystem, as well as the increasing scarcity caused by the constant redemption and destruction of CC. Open / Comment

2021-04-23 14:28:01 BadgerDAO and UMA launch Rebase Mining for DIGG holders

"BadgerDAO has announced that they will be using KPI parameters. These parameters are designed to encourage DIGG holders to rebase positively. Airdrop payments will be made according to the two snapshots. New users still have the opportunity to be included," the post says.

Rebase Mining adds an incentive model based on liquidity mining, that is, according to the amount of Rebase within a given 30-day period, when the DIGG is higher than the bitcoin price, that is, when the positive rebase is greater. The greater, the greater the reward.

The specific method of operation is that BadgerDAO will first use UMA to create DIGG Rebase options that expire on May 7 and June 7. There must be 5 positive relaunches this month in order to receive rewards. The BadgerDAO vault will grant 50-100 rewards in DIGG during the first month. Open / Comment

2021-04-22 20:34:01 OIN Finance to Launch OINDAO Stable Coin Issuance Platform in NEAR's DeFi Ecosystem

OIN Finance announced that it has received funding from the NEAR Foundation and is launching an OIN DAO stablecoin issuance platform as part of the NEAR Protocol.

"We are pleased to announce that we have received a $25,000 grant from the NEAR Foundation! These funds will help OIN Finance develop support for NEAR Protocol-backed steblecoins for use in its ecosystem and integrate them into the OIN DAO!", the announcement reads.

DeFi startup OIN Finance will use the grant to develop OINDAO, DeFi's infrastructure and stabelcoin issuance platform, which will allow projects to issue stabelcoins under their own brand. OIN Finance will also help NEAR issue a NEAR-enabled stablecoin that will, among other things, add DeFi functionality to the NEAR token and unlock liquidity for NEAR holders. Open / Comment

2021-04-22 18:12:16 Ampleforth launches FORTH management token

Basic Money Protocol Ampleforth announced the launch of a new governance token Wednesday, laying the groundwork for further expansion and community engagement after a successful year of adoption. The FORTH governance token will give community members the ability to propose and vote on changes to the Ampleforth protocol.

The project states that the FORTH token should serve as the foundation for the evolution of Ampleforth, and more than 75,000 users will become founding members of the governing body. Having FORTH tokens gives users the right to propose and vote on changes to the Ampleforth protocol. A total of 15 million governance tokens can be requested over the next year. Open / Comment