DeFi Telegraph (eng) ( ICO reviews)

2021-03-08 17:56:15 UNI rose 50% in a week and became the first DeFi token in the top 10 cryptocurrencies

Uniswap's management token became the first DeFi token to make it into the top 10 crypto assets by capitalization, Cointelegraph reports.

Defi-leading exchange Uniswap's own token rose nearly 50 percent, making UNI the eighth largest crypto-asset with a market capitalization of $17.7 billion, as speculation grows over the upcoming overhaul of the V3 exchange.

Messari currently rates UNI as the second largest Ethereum-based asset by market capitalization after Tether, ahead of Chainlink by nearly 50% of its capitalization.

UNI broke into the top 10 on March 5, becoming the first proprietary DeFi DApp token to receive the honor. In 24 hours, UNI's capitalization increased from $8.8 billion on March 4 to $14.7 billion.

UNI is priced at $34.32 as of this writing. Open / Comment

2021-03-07 19:43:02 Heco.Farm has launched IWO - Initial WeChat Offering

Heco.Farm (HFII) created the world's first initial WeChat coin offering - IWO. More than 4,200 Chinese users participated in the white-list-based distribution within 48 hours of the event. Only 100 users were whitelisted.

Heco Farm (HFII) is a decentralized revenue farming protocol that combines an oracle machine and a liquidity pool and supports compound interest, monocurrency and multi-currency mining, and uses matching mode to implement a single currency for multi-currency mining. Heco Farm Genesis Mining will open the pledge on March 8, and an audit report will be released at the same time. The total HFII issuance is only $80,000, which will be distributed over 2 years. Open / Comment

2021-03-07 15:41:08 Bridge Mutual has attracted 17 partners in 33 days

Bridge Mutual has entered into 17 important partnership agreements since the Token Generation Event (33 days ago). Bridge Mutual is thus positioned by developers as the fastest growing and most widespread coverage platform in existence.

The company reports the partnerships as "fixed" arrangements, rather than idle talk that they might someday do something together.

For most of these partnerships, such as YOP, PAID, Public Mint, Alliance Block, and others, the platforms are reportedly directly integrating BMI coverage pools into the backend of their platform, allowing their users to purchase coverage for funds entrusted to their platform.

Bridge Mutual (BMI) is a decentralized platform for discretionary p2p/p2b risk coverage that provides coverage for Stablecoin, centralized exchanges, and smart contracts. Open / Comment

2021-03-06 18:34:00 Synthetix releases Vanadinite version with new debt hedging tools

Synthetix, the synthetic asset protocol, has released a Vanadinite version of the product's front-end. This version reportedly adds a new debt hedging tool to the stacking page, allowing SNX pledgers to view the global debt pool and compare it to investment portfolios.

"Here's another product release demonstrating some of the key features of the user interface. First, Staking has a very useful debt hedging tool that allows SNX participants to look at the global debt pool and compare their Synth assets to it to make sure they are properly hedged. The interface even accounts for some non-Synths such as wETH and renBTC! Second, we've added new consolidated categories in Staking to make it easier to navigate and make the interface less cluttered," it says. Open / Comment

2021-03-06 15:31:12 More than 600,000 people have joined Chainge Finance's DeFi-app waiting list

Chainge Finance is a DeFi-project that is developing a mobile app for online banking on the Fusion blockchain platform.

The company announced the release of the mobile app on Jan. 6, 2021. To get on the waiting list, you need to connect your social network account: at registration or in your personal account. Waitlist members receive CHNG management tokens.

Fusion's main goal is to combine existing blockchains on one platform using Distributed Control Rights Management (DCRM), Atomic Transaction (Atomic Transaction) and Hierarchical Hybrid Consensus Mechanism (HHCM) technologies.

Chainge Finance awards CHNG tokens to users for registering on the site and participating in a referral program. The project plans to redeem and burn CHNG quarterly for 25% of its profits to maintain the token price. Open / Comment

2021-03-05 15:56:11 Bitcoin DeFi Sovryn raised $10 million and launched a $1.2 million bug bounty

London-based DeFi raised the equivalent of $10 million in bitcoins through a pre-sale of its SOV management token. In addition, Sovryn, DeFi's bitcoin-based protocol, is offering a $1.2 million reward to bug hunters.

Sovrin has raised 200 bitcoins ($10 million) through sales, said co-founder Edan Yago. Given that the price of bitcoin is volatile, the amount raised could rise or fall in the future. Yago said the funds raised will be kept in the protocol treasury, and the community will decide how to use them.

The funds will be partly invested in the protocol bug bounty program, which now offers hackers up to $1.25 million if they can find critical flaws in the Sovryn smart contract. Open / Comment

2021-03-05 11:17:00 Andre Cronje: "Uniswap is preparing a release about significant progress"

YFI founder Andre Cronje just tweeted that when founders or core members start posting more actively on Twitter, it usually means that the project has made great progress and is awaiting a release.

Andre Cronje said he has noticed that the frequency of Uniswap founder Hayden Adams' posts is increasing. In his opinion, this is a "transition period." Hayden Adams responded with a joking comment.

"Please delete this," Adams wrote back.

Apparently Andre Cronje wrote his post under the impression of a series of tweets from the Uniswap founder, who expressed regret that he and other Uniswap team members were not being mentioned by SushiSwap developers. Adams said he was "not anti-Fork," but criticized SushiSwap for its lack of meaningful changes. Open / Comment

2021-03-04 16:44:01 Dogeswap 1.0 will launch on the Huobi Heco network on March 3

Decentralized Dogeswap exchange has officially launched on Huobi Eco-Chain Heco. The Million Airdrop event was launched.

Dogeswap is one of the first members of the Heco AMM party, a next-generation decentralized exchange based on an automated market maker (AMM) mechanism that, combined with environmental incentives, seeks to merge the Heco ecosystem with decentralized financial concepts.

It is reportedly a low-cost, free trading marketplace for the crypto-asset industry that will allow more users to understand the flexibility and efficiency of the Heco ecosystem through liquidity mining and enjoy the dividends of the DeFi marketplace.

Dogeswap is positioned as a decentralized exchange initiated by the global DOGE and HECO community to provide community users with the best trading and farming services. Open / Comment

2021-03-04 11:46:04 Shadows DOWS was added to the listing of several major platforms

Over the past 24 hours, the Synthetic Asset Platform's own token Shadows DOWS has been added to the listings of several major exchanges and statistical aggregators at once.

Shadows (DOWS) is a recently launched platform for issuing, trading, lending and borrowing synthetic assets. Following the successful completion of a strategic funding round and an IDO on Polkastarter, the DOWS platform token began appearing on the listings of major exchanges.

The official tweet announced the addition of the token on Uniswap, followed by listings on centralized platforms Hoo and Gate.io. The token is also traded on 1Inch Exchange.

In addition, according to official reports, information about the coin and related metrics are now available on statistical platforms CoinMarketCap and CoinGecko. Open / Comment

2021-03-03 16:43:02 OpenDefi launches UniFarm Cohort 3 farming

On March 3, OpenDefi launches the UniFarm Cohort 3 farming program. The previous two programs reportedly brought the total blocked value on the platform to more than $3.1 million.

Starting with a $415,000 token that was blocked in just 20 minutes in Cohort 1, the number was nearly doubled in Cohort 2, reaching $807,000 that was blocked in just 30 minutes.

And the total value blocked in UniFarm surpassed the $3.1 million mark.

According to the developers, this time 6 of DeFi's top projects are joining UniFarm to increase and improve the pool.

Here are 6 incredible projects participating in UniFarm Cohort 3:

Razor Network (RAZOR) , PAID Network, PlotX (PLOT), Royale Finance (ROYA), MANTRA DAO (OM), OpenDeFi. Open / Comment