The Onomy ONEX protocol for trading crypto and forex pairs is coming to Polygon as we can see more today in our latest cryptocurrency news. ONEX is a multi-chain decentralized exchange that allows for the trading of crypto and forex pairs. Its application-specific Layer 1 blockchain is built on the cosmos Tendermint but it powers […]

There are several ways in which users can get started using the Uniswap DEX such as the MetaMask wallet, the Trust Wallet, and the Coinbase wallet.

The minds behind Yearn Finance and Wonderland have rolled out their next project, an AMM built on Fantom with unique tokenomics—and NFTs.

On Thursday (January 20), Charles Hoskinson, Co-Founder and CEO of Input Output Global (IOG), the blockchain technology responsible for Cardano’s R&D, celebrated the mainnet launch of SundaeSwap, which calls itself “the sweetest decentralized exchange on Cardano”. What Is SundaeSwap ($SUNDAE)? SundaeSwap is “a native, scalable decentralized exchange and automated liquidity provision protocol”. It is backed […]

A price war has erupted in DEXs with Uniswap and dYdX trading blows.

PRESS RELEASE. According to Hoo users who participated in AMM (Automated Market Maker) test, each liquidity pool of Hoo has listed quantitative data, such as total liquidity, 24H transaction fee, 1 day and 7 days annualized return for users’ reference. Compared to on-chain DEX providing liquidity such as Uniswap, users can operate at the Hoo […]

Uniswap passed centralized exchanges on processing ETH/Stablecoin transactions.

Terra Luna’s ‘lunatics’ have had their sights set on a multi-part announcement that is set to unveil, and this week the first piece of the puzzle has come to life. This week, Terra announced the formation of a new non-profit organization, the Luna Foundation Guard (LFG), that is “dedicated to supporting the advancement of open-source technology, facilitating the growth of the Terra ecosystem, and improving the sustainability and stability of Terra’s algorithmic stablecoins.” Terra Says “LFG” Terra has launched a dedicated landing page, lfg.org, outlining the team, mission, and funding & grants around LFG. The new non-profit will emphasize a number of major pillars that they see as core in advancing the ecosystem. Founder and CEO of Terraform Labs, Do Kwon, also released a recent tweet thread highlighting the major pillars behind LFG: 1/ 1 out of 3 💎 https://t.co/PcxKtGhpeT is born: – a non-profit foundation – governed by top builders in @terra_money eco– dedicated to $UST stability and adoption– decentralizing core teams behind @terra_money https://t.co/p6PkN4cWE0 — Do Kwon 🌕 (@stablekwon) January 20, 2022 In all, the Foundation will serve as a mechanism to continue driving engagement and adoption of Terraform Lab’s growing stablecoin, UST. Adoption of UST has continued to grow as the token, seen broadly as one of the most decentralized yet mainstream stablecoin options currently available, approaches an $11B market cap. The aforementioned Do Kwon will lead the charge for the Luna Foundation Guard, alongside founding member Nicholas Platias and several governing council members. The team will deploy foundation grants, starting at the end of the month, to blockchain projects in the ecosystem that address open-source development, research and education, and community growth within the Terra network. Related Reading | TA: Bitcoin Dives Below $40K, Why Bulls Could Struggle In Near Term Luna, the tradable token that arguably serves as the 'backbone' of the Terra ecosystem, has performed exceptionally well over the past year. | Source: LUNA-USD on TradingView.com One Of Three… What’s To Come? As mentioned previously, this announcement is slated to be the first of three, from what started as a teaser image of the cover photo used here. That photo led many ‘lunatics’ to speculate on what could be coming – the two intersecting circles led many to believe that an incoming MasterCard partnership could be coming, and many Terra fanatics believed that some sort of Bitcoin-related support could be brought to life as well. Speculation aside, the Terraform Labs-created blockchain continues to shine, recently becoming the first decentralized stablecoin to achieve a $10B market cap as well as launching a new automated market maker (AMM), Astroport. For now, the LFG webpage still has a “{redacted}” section, so don’t be surprised if the coming two announcements, which could likely be unveiled over the weeks to come, are extensions or supplementary pieces of the non-profit. Related Reading | TA: Ethereum Nosedives, Indicators Show Signs Of Larger Downtrend Featured image from medium.com/terra-money, Charts from TradingView.com The writer of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice.

Ravendex, a non-custodial decentralized exchange operating on the Cardano Blockchain, is launching 10000 Unique Pixelated Bird NFT collection on the Cardano network. Unlike most of the non-fungible tokens, the RAVE NFT collection will have real utility within the Ravendex ecosystem. For instance, holders from the collection can stake their NFTs to earn rewards in the form of $RAVE tokens. $Rave is the utility token powering the Ravendex ecosystem which has multiple utilities and use cases like staking, yield farming, governance. The token currently trades on Bitmart Exchange which pulls over $1million worth of trade volume daily. $RAVE’s daily performance puts it among the leading brands on the Cardano native tokens by daily volume. In addition, users can also mint their NFTs on Cardano by simply paying just 1/4th of a dollar as gas fees. As of now, over 7% of the total NFTs have already been minted. The decentralized exchange intends to launch the Automated Market Maker (AMM) Powered DEX before the end of the second quarter of 2022. Ravendex also entered a strategic collaboration with World Mobile Token to enable it to reserve an Earth Node that will “bring Internet access to remote areas in Africa,” the majority of whom are struggling with reliable access to the Internet.

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Key Takeaways Fantom is an Ethereum-compatible Layer 1 chain with over $8 billion locked in its DeFi protocols. It hosts a thriving DeFi ecosystem, including...

Cardano’s (ADA) price increased dramatically over the past few days largely because of the prospect of Dapps launching on the 3rd Generation proof of stake blockchain. Cardano for a long time has been under intense pressure and backlash over the lack of useable dApps but that would be changing in the near future, Ravendex, a […]

Onomy Protocol is proceeding with its plan of converging Forex and DeFi markets, announcing a collaboration with NEAR and Aurora.

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