.The crypto markets have suffered another flash crash after the custodial service provider Celsius announced to put all withdrawals on hold. Celsius is one of...

Singapore-based crypto exchange Bit.com has launched Staked Ether (STETH) on spot and perpetual futures markets to meet the diversified needs of cryptocurrency users. By listing...

Celsius’ liquidity crunch is connected to Lido’s staked ETH as its earn strategy relies on the staked ETH that doesn’t lose parity with ETH...

Ethereum is printing another bullish indicator in the market that points to an imminent price wave. Per on-chain data by IntoTheBlock, the Ethereum market has recorded its largest single-day exchange outflow in 2022.

Olympus DAO was hit hard by the recent market sell-off, with OHM trading as low as $32 on March 9, down 97.7% from its all-time high of $1,415 set last April.

The post Why Olympus DAO can’t sustain its growth appeared first on CryptoSlate.

Lido is a platform built on Ethereum 2’s Beacon Chain.

The post What Made Lido a Top ETH Staking Platform? appeared first on CryptoSlate.

Silicon Valley based venture capital firm Andreessen Horowitz (“a16z”) has announced that it has invested in decentralized staking platform Lido. What Is Lido? Lido, which was introduced on 15 October 2020, is “a liquid staking solution for ETH 2.0 backed by industry-leading staking providers.” It “lets users stake their ETH – without locking assets or maintaining […]

Today, more and more investors want to explore blockchain technology and its potential to transform finance. Tempus is here to meet such demands and provide a new way to approach blockchain investments. Blockchain technology has become one of the leading technological innovations and has received a lot of attention over the past decade, particularly in [...]

The post Tempus: Decentralized Fixed Income appeared first on Blockonomi.

On February 28, Lido Finance, an Ethereum 2.0 liquid staking service provider announced to integrate with Aave and Solarbeam. Earlier today, Wu Blockchain tweeted about the Open Source DeFi protocol, Aave and decentralized exchange, Solarbeam’s integration.  Lido, a POS staking platform, announced the integration of Aave and Solarbeam. Users can deposit stETH as collateral in Aave to earn interest, or add stKSM to the Solarbeam pool to earn rewards. — Wu Blockchain (@WuBlockchain) March 1, 2022   As stated in the tweet, the move was made to benefit users. Through this merger, users can deposit stETH as insurance in Aave to earn interest. stETH is a token depicting staked Ether in Lido. These tokens are minted upon deposits and burned while redeeming.   Users can also add stKSM to the largest DeX on Moonriver’s Kusama-based para chain, Solarbeam. Through the Solarbeam pool, users can earn rewards. DeFi Saver tweeted, on Monday, that there are only a few stETH deposited to date and there haven’t been any borrowings as of now.  On a secondary note, Lido took to Twitter to share that they have staked 2 Million ETH with Lido till now. 

The post Lido Announces Integration With Aave and Solarbeam appeared first on Cryptoknowmics-Crypto News and Media Platform.

29th January 2022,  Products (DarePlay, DareLaunch, DareFarm) gain traction and the NFT 2.0 protocol which lies at the heart of DareNFT has much of a promising future.

The whole industry is rapidly changing. The emergence of the metaverse as a new thing in the market is what's been under the radar for months. DareNFT still rings true to its initial affirmation of the capability to catch any trend with its core product. In the arrival of the metaverse, the project has decided to upgrade its MVP product DarePlay, the DarePlay Metaverse. In a sense, DarePlay Metaverse, would be like the space where all interactions come as human experience, where guilds, gamers and NFT games all have a place to exchange their skills, knowledge, and advertise their brands. Also, this new turning-from-2D-to-3D trajectory for DarePlay brings about the demand of a new token governing the new model.

$1M-worth DPL FairDrop 

The governing token of the new version of DarePlay is DPL, which is a token purely for community. DarePlay Metaverse will launch DPL based on the Fair Launch model in a so-called ‘no seed, no private, no VC, purely for community' event.

Fair Launch has always been considered as the holy grail for cryptocurrency. The Fair Launch term has become popular recently, after yearn.finance launched its token with no VC allocation, no pre-mine, and no ICO, but just used liquidity mining as a means of acquiring the token. Many other popular cryptocurrency which are launched in this way such as SushiSwap, Trader Joe, and Gitcoin.

$DPL, the new token of DareNFT, will have a 48-month issuance period and offer an equal price to the public. DPL IDO will not be launched normally, but via an activity called FairDrop. This is a tribute activity in a sense that DareNFT gains no benefits from doing it, no fundraising activity involved, merely to reward long-term $DNFT holders and supporters for what they have done for DareNFT so far.

There will be 10% of the $DPL total supply to be used in Fairdrop. At the listing price $0.01, the total FairDrop value is $1M. In the first Fairdrop right in January, DareNFT will directly airdrop 10,000,000 $DPL (1% supply) to loyal members of DareNFT. It makes the initial market cap of $DNFT stay at only $100,000. There'll be no seed sale, private sale, VC, or team token when DPL is listed.

Offering to all $DNFT loyal members

DPL is the next IGO on DarePlay. To join FairDrop, users must have DP, the interest-bearing token given to $DNFT Stakers and Liquidity Farmers. That's why the team calls the FairDrop as the ‘give-it-all-to $DNFT-loyal-members' event. $DNFT Loyal members would stake their token or add liquidity and earn DP. DP is used in not just DPL FairDrop but many IGO based on the team's recently launched IGO model. Think about DP as STETH which ETH 2.0 stakers get when staking their ETH on Lido staking platform, which means the more DP is minted and used, the more strong the DareNFT ecosystem is.

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A lot has changed in regard to the prices of various crypto assets throughout 2021, as today’s top crypto assets look a lot different than they did 12 months ago. Moreover, the most valuable cryptocurrencies in terms of U.S. dollars per unit have also changed, and the top ten most expensive coins have shifted. The […]