DeFi Telegraph (eng) ( ICO reviews)

2021-03-28 18:46:30 DeGate will begin distributing DG on social networks on March 29

DeGate, a decentralized exchange based on Ethereum Level 2, announced that it will begin distributing its DG management token on social networks starting March 29.

The promotion is reportedly organized so that "users who have contributed to the asset industry will have the opportunity to purchase DG at a fair initial price."

Community users can sign up on the DeGate website from March 29 through April 6. As part of this social media round, DeGate DAO will distribute 10 million DG tokens at a fixed price of $0.005.

On March 12, DG tokens first launched liquidity on Unisawp at an initial price of $0.005. As of this writing, DG is priced at $0.342569 with 24-hour trading volume of $118,670. At that, during the last 24 hours DG fell by 15.07%. Open / Comment

2021-03-28 17:24:02 SushiSwap releases Kashi credit product with one-click leverage

Decentralized exchange SushiSwap has released Kashi, a leveraged one-click loan product. The product is divided into two parts: the Kashi loan and the BentoBox token library. Kashi allows users to buy long/short positions with leverage in one click (up to 2x).

Settlement on one trading pair will not affect other trading pairs and does not cause global settlement risks. Flexible interest rate is adjusted depending on supply and demand. The first batch of leveraged trading pairs supported:

ETH/WBTC
SUSHI/ETH
ETH/UNI
AAVE/ETH
YFI/ETH
LINK/ETH
ETH/COMP

Kashi V2 will be released in a few weeks, when users will be able to create their own token pairs. Open / Comment

2021-03-28 16:43:54 Binance Announces Strategic Investment in Juggernaut JGN

As part of a plan to accelerate ecosystem projects, the $100 million "seed fund" at cryptocurrency exchange giant Binance recently announced a strategic investment in Juggernaut (JGN).

The JGN NFT exchange created the first NFT exchange exclusively for the BSC community. Together with several artists, it launched NFT artwork and a collection of NFT cards, as well as several games with closed NFT decks. Since its launch, JGN has gained the trust and support of many platforms and users and has become an integral part of the Binance Smart Chain (BSC) ecosystem.

Juggernaut (JGN) aims to build the next generation DeFi and NFT infrastructure to help companies launch their own DeFi capabilities. Open / Comment

2021-03-26 15:37:00 Aluna.Social started mining liquidity and will give away 250,000 ALN

Web 3.0 Aluna.Social (ALN) announced it will begin mining liquidity at 8 p.m. Beijing time on March 25. It will distribute 250,000 ALNs to ALN/ETH liquidity providers on Uniswap over 12 weeks.

"The ALN liquidity mining program complements our long-term distribution model, encourages liquidity provision and enhances the stability of the ALN market," the statement said.

Along with the new liquidity mining pools, Aluna.Social also plans to roll out Distribution Farming, which aims to attract traders and investors from the broader DeFi ecosystem.

"The first wave of ALNs will be offered exclusively to Aluna's strategic partner communities, allowing them to put their own tokens to earn ALNs for a limited time," Aluna said. Open / Comment

2021-03-26 10:16:31 NY Times column in NFT sold for about $560,000

According to the official website of the crypto-art platform Foundation, the New York Times tokenized one of its articles in the NFT yesterday and put it up for sale. The auction of columnist Kevin Rose's column in NFT ended today. The NFT article sold for 350 ETH, or about $560,000.

Kevin Roose auctioned off his New York Times column article "Buy This Column on Blockchain!" 24 hours ago on March 24 as a non-negotiable token (NFT) on the Foundation's crypto-art platform. The proceeds will be donated to the New York Times' Most Needy Cases Fund, and the publication will feature the buyer in a follow-up article about the transaction.

"Why can't a journalist join the NFT movement, too?" the columnist asks. Open / Comment

2021-03-25 18:07:12 DODO Launches DODONFT

DODO has launched DODONFT, a zero-cost liquidity solution for non-standard assets that uses the PMM algorithm to provide new pricing and liquidity solutions for NFTs.

"There is no need to put down any funds, you can issue NFTs for non-standard assets and fragment them into ERC20 or BEP20 format tokens, support initial price setting, price curve, order and depth of fragmented tokens and other parameters, providing DODO NFT Vault, liquidity and trading pool, buybacks and other features," DODO said in a statement. Open / Comment

2021-03-25 16:34:00 CherrySwap launches the third 720,000 CHE airdrop plan

CherrySwap will launch a third round of airdrop on the official website. The total number of Airdrop is 720,000 CHE. This portion of CHE will be distributed after the launch of the main CherrySwap network.

CherrySwap (CHE) is OKExChain's first decentralized exchange platform based on automatic market agreements (AMM), which aims to give participants the largest value dividend. A test network contract is currently open and features such as decentralized trading, liquidity mining and revenue farming have been launched. Open / Comment

2021-03-24 15:18:00 ShardingDAO launches NFT trading platform

ShardingDAO, a trading platform combining NFT with AMM automated market maker and DAO community management mechanisms, announced its official launch and will begin its first phase of mining today, March 23. The total reward for mining is 1,500,000 SHD.

ShardingDAO will launch an airdrop of its own SHD token by April 6, 2021. The airdrop will target 800 active addresses with the highest trading volume, including 600 addresses with the highest trading volume on the four major NFT asset trading platforms: Nift Gateway, Rarible, OpenSea and SuperRare, as well as the 200 addresses with the most votes in NFT projects managed by the Snapshot platform.

ShardingDAO is positioned as an NFT trading platform that "realizes the democratization of art and low cost of capital circulation." Open / Comment

2021-03-24 10:46:36 Uniswap V3 to be released in May, details revealed

The third iteration of the market-leading decentralized exchange Uniswap will arrive this spring, according to new details of the so-called v3 launch released Tuesday.

Last week, Hayden Adams, Uniswap's founder, expressed perhaps the universal spirit of anticipation for the long-awaited v3 details in his tweet.

"If I have to go another week without publicly announcing the details of Uniswap v3, I might go crazy," Adams wrote.

At the heart of the update is the ability of liquidity providers (LPs) to enter markets within customizable price ranges, an approach dubbed concentrated liquidity. LPs are responsible for placing their assets into pools of liquidity against which Uniswap users trade. This is comparable to Wall Street market makers who provide liquidity and thereby help traders open and close positions. Open / Comment

2021-03-23 14:41:32 NuCypher and Keep Network communities initiate network merger proposal

NuCypher Privacy Infrastructure and the Keep Network privacy layer protocol project have submitted a preliminary proposal to merge NuCypher and Keep Network. Community users can now vote.

The voting deadline is 1:00 a.m. March. 28. The purpose of the proposal, however, is to gauge pledgeholder support for the contents of the proposal, not the official DAO proposal. If the level of support for the proposal is high enough, the community will continue to collaborate to develop a final proposal for DAO approval. The final proposal will define implementation details, economic design, and other important aspects. Open / Comment