DeFi Telegraph (eng) ( ICO reviews)

2021-04-18 10:31:22 BoringDAO and Avalanche will create a multichain asset bridge

According to official news, BoringDAO has officially entered into a cooperation agreement with Avalanche in which the parties will create a multichain asset bridge.

Using the Boring oPortal protocol, bitcoin, Litecoin, ERC-20, BEP-20 and other tokens can be decentralized to Avalanche's network. Conversely, this protocol will allow AVAX tokens to enter Ethereum and other networks. BoringDAO will also open a mining pool on Avalanche.

BoringDAO (BOR) is reportedly a decentralized multi-asset bridge and L2 bitcoin solution. It currently supports bitcoin and other asset injection into ETH, BSC and other networks, and Avalanche (AVAX) will be its fourth supported public blockchain. Open / Comment

2021-04-16 19:17:04 Pros.Finance launches global "expansion campaign" and will host 100 AMA

Pros.finance (PROS) is positioned by its developers as a decentralized financial ecosystem combining DeFi+DAO+NFT+ cross-chain technology. Based on the characteristics of blockchain technology, such as openness, autonomy and genuineness, a larger integrated and interoperable matrix of financial protocols is created based on the protocol of exchange between blockchains. Finally, an open financial-ecosystem network with a favorable cycle, two-way incentives and self-purification is built on blockchain.

The first open application of the Pros.finance ecosystem is the decentralized crosschain exchange platform ProSwap. Subsequent ecosystem applications such as lending, aggregate mining, insurance and Pro Bank will be launched in the future.

Pros.Finance is currently available on Bittrex and MXC. According to MXC, PROS is now priced at 12.8 USDT, which represents a 12.1% increase in 24 hours. Open / Comment

2021-04-16 18:14:01 ConvX DeFi-Convergence Smart Contract application has passed CertiK security audit

The AMM ConvX DeFi-Convergence smart contract, has passed the CertiK security audit. ConvX will be deployed in the Convergence testbed to be launched this week.

Convergence Finance (CONV) is a decentralized asset exchange protocol that aims to establish "unpredictable liquidity" through an automated AMM market maker, translating real assets into the DEFI world.

"ConvX product teaser ahead of this week's Testnet launch. ConvX is our decentralized AMM where our users will be able to trade wrapped security tokens and service tokens for real assets on DeFi, enabling 24/7 trading and price discovery. Once Kovan Testnet launches, we will have 3 assets available for exchange: USDT, CONV, ETH and more in the future," the statement reads. Open / Comment

2021-04-16 17:12:09 NFT game Mist will hold an IDO on KickPad on April 16

Blockchain-based BSC game Mist and startup platform KickPad tweeted that more than a million applications have been submitted to be added to the white list for IDO Mist.

"We are at a loss for words. The IDO Mist whitelist campaign ua KickPad received over 1.1 million entries (yes, 1.1 MILLION)! We picked almost 70,000+ individual and unique entries, and there are still 2 days left. Thank you all. Welcome to the NFT revolution," writes the Mist team.

"Over 1.1 million entries are due to the fact that MistNFT is miles ahead of its BSC competitors. As far as the use of NFT Game tokens, gameplay, graphics, framework, there is no comparison, especially at BSC. We are proud to host this IDO and happy to present a great NFT Game to the KickPad community," the statement reads.

The Mist IDO Sale begins April 16 at 6 p.m. worldwide coordinated time. Open / Comment

2021-04-14 16:03:23 Hollywood unveiled its first movie in NFT

According to Cryptoslate, the upcoming film "Lothavana" is a Hollywood release with a cryptocurrency twist: It premieres as a non-transferable token (NFT), and the film has its own shares for interested viewers from which they can profit from distribution.

The film is the directorial debut of Trevor Hawkins, a director of commercials and short films whose work has been featured on National Geographic. Hawkins reportedly took out a mortgage to finance his film. Open / Comment

2021-04-14 10:58:57 Pineapple Coin is officially deployed on Binance Smart Chain

According to official Pineapple Coin (PINE) news, PINE DAPP (Pineapple) is currently on Bitkeep's homepage in the hot recommendations section. Pineapple is positioned by the developers as a "new generation of intinflationary hashing algorithm" based on the TERT block reward.

The first phase of the launch of Pineapple's base protocol (Ghost Protocol), Pineswap, is complete. A second phase will follow. Liquidity mining pools, the NFT sector and the mobile gaming ecosystem will be deployed to support the building of the PINE ecosystem and add value to PINE.

The IDO of PINE tokens is currently being conducted on the project's own PineappleIDO site, and in the near future, the PINE Foundation will conduct random giveaways at BNB-owning addresses.

The PINE contract on the BSC network is 0x66F6373b1f4F660351E9B068C96AF0FD2C33439d. Open / Comment

2021-04-13 17:22:09 Xpool launches its own Defii Wallet

The DeFi team of the X-pool platform for Binance Smart Chain announced on Twitter the release of the Defii mobile app, which is an "internal wallet". The app will reportedly be available on the AppStore and Google Play Store soon.

"We are excited to introduce our internal wallet called Defii. Our app will soon be published in the AppStore and Google Play Store. The mobile team is hard at work on a decentralized wallet that is integrated with features related to lending, borrowing, managing and staking. Bank in your pocket!" the announcement reads.

X-pool (XPO) is an open-source decentralized protocol built on Binance Smart Chain that allows users to borrow assets from the platform, deploy their own assets and generate income with ease. Open / Comment

2021-04-13 13:18:58 Defi aggregator NFT project Eagle Platform will officially launch at the end of April

Eagle NFT Platform, the decentralized NFT aggregator project, has completed its institutional seed round, and the developer has announced that it will officially launch at the end of April. The product is now nearly 80% developed and will soon be open source.

The Eagle NFT Platform (EAGLE) is an integrated platform that supports NFT assets to initiate trade show exchanges, auctions, mining and gaming.

"The Eagle NFT Platform deploys and integrates interface technologies for blindboxing, mining pools, burning and decentralized auction markets with built-in interconnect protocols and brand new capabilities. It strengthens the connection between users of digital assets and the real world," the report says. Open / Comment

2021-04-12 18:50:00 Commissions fell on Ethereum

The price of ETH is renewing its highs on the back of lower commissions. As of this writing, the average commission on the Ethereum network is $10.84. This is the lowest level since early March.

Along with the drop in commissions, liquidity in the DeFi ecosystem is also on the rise. Thus, according to Uniswap Analytics, the amount of liquidity embedded in the project is close to the level of $8 billion. In the last 24 hours, the volume has added almost 11%

The growth of liquidity directly depends on fees. This is also signaled by the modest volumes at the end of February. At that time, the volume of liquidity was about $4 billion, and the average commission in Ethereum rose to $38.2.

Notably, the volume of blocked assets across the entire DeFi ecosystem collapsed at the same time.

Commissions on the Ethereum network are rising because of arbitrage onchain bots. They can compete with each other to get the same transaction to hit the block first. Open / Comment

2021-04-12 17:37:00 CZZ will officially launch cross-chain trading in April

According to news from the technical community of the Class ZZ (CZZ) interconnect project, it will officially launch cross-chain liquidity transactions in April. It is reported that once the main Class ZZ network launches, users will be able to perform source currency and decentralized cross-chain transactions in one step between the main ETH, HECO and BSC networks.

According to the developers, CZZ will also consistently implement cross-network liquidity transfer support for public networks such as OKExChain, Polkadot, Solana and Tron in the future.

In addition, it is reported that based on the results of testing of the CzzSwap decentralized inter-network exchange platform, CZZ tokens will be airdropped for test participants. Open / Comment