DEFI WORLD

2023-05-13 10:05:27 A year ago, the collapse of the Terra LUNA ecosystem took place, which, among other things, was facilitated by the decoupling of the UST "stabelcoin" from the value of the dollar, along with its subsequent death.

As Glassnode analysts point out, the big winner during that time was Tether USDT, which increased its market share by 20 percent. At the same time, USDC and BUSD lost 13 and 7.2 percent of the market, respectively.

The performance of DAI and TUSD remained virtually unchanged. Here is the corresponding chart. Open / Comment

2023-05-13 10:04:12 Breaking: Elon Musk Names New Twitter CEO, Who Is Linda Yaccarino?

https://bit.ly/3nURY0o Open / Comment

2023-05-11 14:15:15 ​​AirDAO Announces Transition to Decentralized Leadership

AirDAO has announced its transition towards true decentralization and community governance. AirDAO has embraced a community-first ethos and is now empowering its global community to take the reins of its future. This groundbreaking shift marks a significant leap forward for AirDAO and decentralization in web3.

AirDAO will adopt a flat DAO structure, decentralizing its leadership and eliminating traditional roles such as ‘Director’ and ‘CEO.’ The AirDAO blockchain will no longer be maintained, controlled, or built by a single developer or development company. Instead, AirDAO will be developed and governed by the people, for the people.

The community will elect a nine-member AirDAO Council. This council will assume control over AirDAO’s finances, operational budget, and blockchain core-engineer multi-signature wallet in the coming weeks. By May 31st, 2023; the council will have complete control over all AirDAO assets and convene regular meetings to make roadmap and operational decisions.

The AirDAO community will nominate candidates and conduct the AirDAO Council voting process with fairness and transparency ensured through on-chain voting. The community will also shape the council’s role, establish rules, draft the AirDAO constitution, and develop the voting process. The internal AirDAO team will support the community during the formation process and council elections.

Lang Mei — the current Director of AirDAO — will oversee the change to decentralized leadership during the transition period. By May 31st, 2023, his CEO/Director role will be retired, allowing the elected council to assume total control of the roadmap, HR, financial, and operational decisions.

A community-led web3 ecosystem thrives on active participation. AirDAO invites everyone to play an instrumental role in shaping its future. Get involved in the governance process, contribute to AirDAO development, vote in the council elections, and be the change you want to see.

DYOR: Telegram | Twitter Open / Comment

2023-05-11 11:08:55 Bitcoin rose today on positive news about a slowdown in U.S. inflation and then collapsed on unconfirmed news about the U.S. government selling a huge batch of VTCs.

In fact, the news is not the root cause of all crypto movements. They are brought up to justify another drop or rise. But the important thing here is something else: an obvious liquid zone of 26000-27000 has formed on the bitcoin chart. Exactly there is a large amount of stops on longs now. Further growth without taking out the longists is unlikely. And there is no doubt that for this fall there will also be some info-evidence. Open / Comment

2023-05-07 09:17:13 As noted by Kaiko analysts, Tether's USDT has so far been the only Stablecoin that was able to recover its market capitalization after the events of May 2022. Recall that the collapse of the Terra LUNA ecosystem led to a serious collapse of the coin market.

Here is the corresponding chart of USDT capitalization over the last year. Open / Comment

2023-04-30 17:27:12 Meanwhile, there have been 16 consecutive days of no inflationary blocks on the Etherium network. This means that during this period of time, more ETH was destroyed with each block as commissions than was created.

Not a bad result. Open / Comment

2023-04-27 21:44:14 This week, the total trading volume of the decentralized exchange Uniswap exceeded the $1.5 trillion mark, which is an incredible achievement.

Overall, Uniswap continues to be the most popular decentralized exchange in the world. According to The Block, it accounts for 68 percent of trading among all DEXs in April 2023. Open / Comment

2023-04-25 22:36:21 According to the Dune platform, Huobi, Coinbase and Kraken are the leaders among centralized cryptocurrency exchanges in terms of coin outflows following the launch of ethers withdrawals from stacking. Their total withdrawals are measured in hundreds of thousands of ETH.

In the case of the last two platforms, the activity of the U.S. Securities and Exchange Commission clearly affects. For example, Kraken has already been banned from offering the staking platform to Americans.

Here is the relevant table. Open / Comment

2023-04-25 22:33:37 Breaking: Amazon NFT Marketplace Launch Delayed

https://bit.ly/3oB7JJP Open / Comment

2023-04-19 22:22:22 The total capitalization of the four largest stabelcoins continues to decline after peaking at $161 billion in early 2022. The figure is now down to $124 billion, a 23 percent drop.

Here are the changes for each stack separately:

USDT (in green) - minus 1.3 billion
USDC (blue) - minus 20 billion
BUSD (yellow) is minus 11.1 billion.
DAI (purple) - minus 4.4 billion Open / Comment