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Category: Blockchain

Game Developers Land 6-Figure Sum to Build on NEAR Protocol

Posted on May 7, 2021

Key Takeaways NEAR Protocol is awarding Vorto Gaming a six-figure grant to build a gaming app on the network. It includes 25,000 NEAR tokens. Vorto Gaming plans to leverage NEAR’s high scalability…

DeFi Protocol Oiler Network Releases Token OIL on Balancer

Posted on May 6, 2021

Key Takeaways Oiler chose to release their token with a Balancer liquidity bootstrapping pool (LBP) to ensure a fair distribution. The token will only be used for governance of the protocol; there…

IDEX Announces Move to Target MEV on Ethereum

Posted on May 6, 2021

Key Takeaways IDEX is introducing “hybrid liquidity” pools with hopes of tackling slippage and front-running in DeFi. IDEX Hybrid Liquidity will combine an order book and trading engine with liquidity pools. As…

Mina $18.75M Token Sale Sees Unprecedented Demand

Posted on May 5, 2021

Key Takeaways Mina has shared full details of its March token sale, which sold out in four hours after 375,000 people registered to participate. The token sale raised $18.75 million, with tokens…

MakerDAO Users Begin Minting DAI With Real-World Assets

Posted on April 30, 2021

Key Takeaways MakerDAO’s community has passed a vote to introduce real world loans. Centrifuge users can now deposit real world assets into a pool to receive DAI. The debt ceiling has initially…

Fantom Token Soars 40% After Major Network Upgrade

Posted on April 29, 2021

Key Takeaways Fantom has successfully completed its Go-Opera upgrade, adding one-second finality, faster node synchronization, and other improvements. The network’s FTM token rose throughout yesterday and has continued its ascent since the…

Balancer and Gnosis Are Launching a New Ethereum Exchange

Posted on April 28, 2021

Key Takeaways Balancer and Gnosis are launching an Ethereum-based DEX called the Balancer-Gnosis-Protocol. Through combining Balancer V2’s Vault system with Gnosis’ price-finding mechanism, the new DEX aims to protect traders from MEV….

Polygon Targets Sustainable NFTs With Latest Integration

Posted on April 28, 2021

Key Takeaways Cent now supports Polygon, one of Ethereum’s most promising scaling solutions. Polygon operates a Proof-of-Stake mechanism, which offers a more energy efficient alternative to Ethereum’s Proof-of-Work system. Cent has quickly…

New Token Launch Hopes to Bridge Ethereum and Tezos

Posted on April 27, 2021

Key Takeaways The Wrap Protocol allows users to transfer their Ethereum tokens to the Tezos blockchain in a decentralized manner. According to Bender Labs, the Wrap protocol converts ERC-20 tokens into FA2–Tezos’…

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