x
Image Source: Pixabay
ADALend Joins ‘The Essential Cardano List’ By IOHK
The crypto world never fails to surprise its investors and community with its amazing crypto projects. This time, ADALend, a decentralized lending protocol governed by the Cardano system, has been listed by Input-Output Hong Kong (IOHK) on their Essential Cardano List of projects that are supporting and providing Cardano users with their products and services.
The listing of ADALend in the IOHK Essential Cardano List is a milestone achievement for the project. Furthermore, ADALend plans to broadcast consumer awareness for the project and its features. Indeed, this is an event that the ADALend community should celebrate. Read More
Risk Harbor set to take over decentralized insurance protocol Ozone on Terra network
Ethereum-based (ETH) decentralized finance, or DeFi, risk management marketplace Risk Harbor will soon take over control of Terra's Ozone Protocol, according to a press release published on Thursday.
Ozone is a decentralized insurance mechanism that provides coverage in the event of technical failures on the Terra DeFi ecosystem. The latter is a dual-token platform that features its governance token LUNA and stablecoin Terra USD (UST), which has an exchange rate of 1:1 with the United States dollar. UST has no underlying USD reserves backing it. Instead, it's collateralized via an algorithm by LUNA, and users can earn rewards by using LUNA to fix UST's exchange rate. The network has gained significant momentum in terms of total value locked. Read More
Platform rides wave into a DeFi revolution with user rewards for playing and learning
NFTs are more than purchasing million-dollar assets, they are about including everyone in the financial revolution.
Play-to-earn has become a popular concept in the gaming industry, with the emergence of blockchain technology taking traditional gaming to the next level. However, with so many players entering the market, these platforms are set for significant competition in the long run if they cannot bring anything above and beyond the model itself. Aloha DeFi aims to take the play-to-earn model to the next level by merging it with the concept of learn-to-earn to give participants numerous earning opportunities. Read More
You Don’t Need To Worry About Blockchain Scalability Anymore
There is one lesson the blockchain community learned throughout the last decade: Blockchain is more than just technical code. Blockchain is designed to be a homogenous union between economics and open source code both putting hand in hand together to create the world’s global infrastructure on top of which we can put everything and build everything.
Vitalik was onto something big: PoS, Smart Contracts, dapps, automation, etc. But the Ethereum system needed the right economics.
The absence of the right economic code resulted in the need to pay hundreds of dollars to do a swap on top of Ethereum. Ethereum can scale a bit further with 2.0 but it’ll always need Vitalik or someone else to intervene from time to time cuz the network is not built on the right economic principles. Read More
Markethive has in place, numerous velocity stabilizers including staking, (The Vault), network utility expansion, and the fact it is a cryptocurrency coin, will keep the balance of velocity. This ensures that the velocity is maintained for the initial and long-term price of MHV and is indicative of a healthy Markethive Ecosystem. A strong economy will in turn sustainably increase MHV’s price.
Coins or Tokens that are structured to capture a significant portion of the economic value generated by the network will reward both the investors who took on early-stage risk as well as the platform who can continue to fund development through the retention of now valuable tokens.
There is a huge market looking for what Markethive does. You’re not just buying or earning to accumulate a coin, you’re buying an oil field. Markethive is an eternal economy that has more demand than supply, therefore, the demand will continue to outstrip the supply. The bottom line being the Markethive Consumer Coin (MHV) and Incentivized Loan Program or ILP Token (HFS) will only become increasingly more valuable. Read More
BIFROST Launches New Biport Multichain DeFi Wallet
BIFROST has today announced the launch of its Biport wallet which is designed to give users access to multichain decentralized finance. Users will be able to manage all their cryptocurrencies on different blockchains on one wallet.
BIFROST has enabled true multichain connectivity with the release of its Biport wallet. The wallet gives the ability to connect to multiple blockchain networks and will support Bitcoin, and cryptocurrencies on the Ethereum, Binance Smart Chain, Avalanche, and Klaytn networks.
As more new users onboard into crypto there is a need for platforms that are secure and that allow these new users access to a true variety of cryptocurrencies across blockchains. Read More
Enegra migrates digitized equity tokens from Ethereum to Polygon blockchain
Enegra Group, a commodities trading firm based in Malaysia with a net asset value of $28 billion, has migrated its equity-tied EGX security tokens to the Polygon (MATIC) blockchain from Ethereum (ETH). In 2019, Energra tokenized 100% of its equity, enabling shareholders to digitally exercise their dividend, voting, and governance rights. Both the initial tokenization and token migration were facilitated by Tokeny, an asset tokenization, and compliance infrastructure provider.
Matthew Averay, managing director and CEO at Enegra, said:
We tokenized our equity to improve liquidity. And, now that the technology is available for faster, cheaper and compliant transactions on the blockchain, we wanted our investors to take advantage of it. Polygon and Tokeny provided the complete infrastructure we needed to do so, and we are extremely pleased with the results. Read More
Solana DEX positioned as third-generation exchange aimed to solve issues around old blockchain infrastructure
Concerns with order matching and trustless custody are addressed with a third-generation DEX project based on Solana.
The increased popularity of Ethereum (ETH) has proven to be a double-edged sword. Its use has positioned the technology as valuable and great in potential, although also triggering increased congestion, making transactions slow and expensive. As a result, new blockchains have emerged as a way to decrease costs common to the industry. One of these is Solana (SOL) -- an exchange developed to transact at speeds greater than 50,000 transactions per second for less than $0.0001 per transaction -- a significant improvement from what users have noticed on Ethereum. Read More
Nervos debuts mainnet beta layer-two blockchain project
Following the roll-out, the platform is now welcoming Ethereum blockchain developers to build upon Nervos Network in a bid to broaden its DApp ecosystem.
Public blockchain platform Nervos Network has announced the mainnet beta launch of Godwoken.
The layer-two blockchain protocol integrates Ethereum Virtual Machine capabilities and optimistic rollup mechanics to provide instant transaction finality and low fees within an Ethereum-like environment.
Built upon the existing Nervos layer-one network, the multichain solution seeks to capitalize on Ethereum’s well-documented drawbacks — most notably, network congestion, high gas fees, and scalability — and benefit from the growing importance of layer-two alternative platforms. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or any other advice.
