The Ape Punk wars
DeFi 2.0 the hunt for liquidity, DeFi biggest merger, Star Atlas and other Cryptoverse news
Dear Tokeners,
We could start singing Christmas carols… (it's already playing, right? 🎵🎵🎵), but we don't really know whether to do it to a traditional or punk rhythm ;-)
And it is that it has not yet reached the January offers, but ... the minimum price of the NFTs of Bored Ape Yacht Club (BAYC) has flipped to that of the CryptoPunks of Larva Labs for the first time. The minimum price is the lowest price at which a type of NFT is currently available for sale 😲.
If you are having a hard time entering this world, no worries, we have for you our special section “Don’t Panic! ”, in which today we are talking about DeFi 2.0, the future of liquidity, bonding and soft bonding (don't worry, read it, you'll understand 😀).
We also tell you that Rari Capital, the holders of Fei protocol tokens, approve a multi-million dollar DeFi merger, and we bring you an extension of our article on Terra and the crypto technical analysis of the week, in which we talk about DOT, CELO and MATIC.
Our offer is completed by a medley of news, which is more interesting, including one that we have loved: Criptovoxels.
Well ... reserve a site to read, reread, share and 👇👇👇
DON’T PANIC!
DeFi 2.0, the future of liquidity
Discover Bonding and Soft Bonding
DeFi 2.0. This word is giving a lot to talk about lately in the crypto ecosystem. It is said to be a paradigm shift regarding Decentralized Finance, which proposes nothing more and nothing less than modifying the way in which blockchain protocols will obtain liquidity. Numerous projects, such as Olympus with its bonding system, and Tokemak with its soft-bonding, surf the wave of DeFi 2.0 innovation towards new horizons, infecting the crypto ecosystem with their successful and innovative financial models.
Discover, in this article, everything you need to know to surf towards the future of Decentralized Finance.
Read more: 👉
Rari Capital, Fei Protocol Token Holders Approve Multibillion-Dollar DeFi Merger
After less than a month of deliberation and voting, two decentralized autonomous organizations (DAO) have consummated one of the biggest mergers in decentralized finance (DeFi) history.
On Tuesday, at Ethereum block height 13850929, a vote to merge Rari Capital and Fei Protocol was approved by members of both DAOs. The measure passed by a 93% to 1% margin among Rari’s RGT holders and 90% to 0% rate among those with Fei’s TRIBE. Going forward, the projects will merge via a token swap and be united under the TRIBE token.
Read more: 👉 coindesk
FORTY TWO (42)
Terra & Stablecoins (II part)
The Ecosystem
At the time of this writing, the locked value (TVL) on the Terra blockchain is nothing more and nothing less than 17 billion.
Terra's possibilities thanks to its stablecoins are immense. In this sense, it is interesting to see how some of the main DeFi protocols have been deployed on this network. Here we show you some of the most important DeFi protocols within the Terra ecosystem:
Anchor Protocol
Anchor Protocol is a liquidity market where you can use UST stablecoin. In Anchor Protocol you can make loans, exchanges, obtain returns at a fixed interest rate based on the trends that occur within the market.
Read more 👇👇
The Biggest Threat to Trust in Cryptocurrency: Rug Pulls Put 2021 Scam Revenue Close to All-time Highs
Scams were once again the largest form of cryptocurrency-based crime by transaction volume, with over $7.7 billion worth of cryptocurrency taken from victims worldwide.
Read more: 👉 chainalysis
FORTY TWO (42)
Order Flow Technical Analysis
DOT, CELO and MATIC
This week we will analyze 3 very interesting projects: The decentralized DOT layer 1, the platform to use Dapps from your mobile called Celo and finally Matic, the layer 2 that recently announced the opening of Uniswap on its platform.
Polkadot (DOT) - Daily Chart
DOT recently reversed trend on the 4H chart. After filling in a significant demand level that previously drew liquidity, Layer 1 reacted with a bullish "pattern".
The 35-39 USD bid zone is the first "pit-stop". In this area there is a high probability of a small setback, and then continue its upward trend to its all-time highs.
Our analysts see USD 125-150 as a target in the next 6 months.
Read more 👇👇
Crypto.com Will Run Its First Super Bowl Ad Amid Marketing Blitz
The cryptocurrency platform is seeking to become a top consumer brand with sponsorships, ad pushes and a big naming rights deal
Singapore-based cryptocurrency platform Crypto.com will run its first Super Bowl commercial in February as it seeks to become a household name.
It is the latest in a string of moves from Crypto.com to get its name on the map. The company last month agreed to pay $700 million for a 20-year deal giving it naming rights on the Staples Center in Los Angeles, which will become the Crypto.com Arena on Saturday. It said Tuesday that it will sponsor Los Angeles-based women’s soccer team Angel City Football Club. And it tapped actor Matt Damon for a commercial that was released in October.
Read more: 👉 wsj
Bored Ape Yacht Club NFTs flip CryptoPunks in terms of floor price
Quick Take
The floor price of bored ape NFTs has risen above that of CryptoPunks for the first time.
There appear to be multiple factors at play for the flip.
The floor price of Bored Ape Yacht Club (BAYC) NFTs has flipped that of Larva Labs' CryptoPunks for the first time. The floor price is the lowest price at which a type of NFT is currently available for sale.
Read more: 👉theblockcrypto
Yes, RadioShack Has Pivoted to DeFi
You've got questions, they've got DeFi. The two men who bought RadioShack in 2020 are turning it into a crypto play.
For years, electronics retailer RadioShack used the slogan, "You've got questions, we've got answers."
After the moribund chain's latest move, people have a lot of questions.
Read more: 👉 decrypt
Web 3 and the Metaverse Are Not the Same
Web 3 ideas like NFTs are only part of building the next generation of the internet, argues the host of the “Hello Metaverse”.
Of late, the terms “metaverse” and “Web 3″ have been used interchangeably. While they both point to a vision of a better, future internet, it’s important the two concepts not be conflated or become a source of division around ideologies of how we want to continue building the internet.
The metaverse – which gets its name from the 1992 sci-fi novel “Snow Crash” – is more of a vision than a concrete reality. Many people imagine it to be a 3D immersive world that is synchronous, persistent and unlimited in concurrent users. It is a digitally native place where we will spend the majority of our time to work, learn, play, entertain, etc.
Read more: 👉coindesk
Star Atlas Completes over $3 Million NFT Sale to Animoca Brands
Star Atlas, the AAA-quality next-gen gaming metaverse built on the Solana blockchain, today announced Animoca Brands has committed to purchasing over $3 million worth of Star Atlas NFT spaceships.
Read more: 👉 medium
Cryptovoxels: Do not miss The Future of the Metaverse
In the third quarter of this year, the volume of NFT (Non-fungible token) trades reached $10.67 billion for objects, artwork, and collections that exist only in the digital world.
Read more: 👉datadriveninvestor
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