UniLend to list 16 new synthetic assets with Fantom Finance. UniLend will allow trading, lending, and borrowing of Fantom assets (FTM, fUSD, fEUR at start), and the Fantom Foundation will provide the liquidity to bootstrap a smooth launch.
RAMP partners with NEM Group to integrate stXEM as a yield-bearing collateral into rUSD framework. XEM is wrapped by StakeHound, and issued on Ethereum as stXEM. On average, stXEM is expected to generate approximately 4.5% annual rewards for stXEM holders. As a yield bearing asset, stXEM can be collateralized into rUSD, which can be redeployed into other DeFi protocols for additional yield.
Umbrella Network (UMB) has released its token metrics. Umbrella Network will have a public sale via Polkastarter on February 9th. The startup will get listed the same day on Uniswap with $500k initial market cap.
LD Capital has shared its portfolio that includes recent investments. Among not yet listed startups: Mina, Cere, DAO Maker, Unbound, ParaLink,Polkadex, Tidal, Torus, Epns and ParaState.
To cater to the increased demand for Terra USD (UST) led by Mirror Protocol, Terra Money will implement the economics proposal by Jump Trading for minting of Terra USD (UST). The proposal will come in effect on Feb 8th 18:28:48 (GMT+9). At current rate of UST demand, the new economics is expected to burn 11% percent of LUNA supply by Feb end.
Three Oracle startups will launch their token within next days. Comparing market capitalizations and fully diluted valuations of recently launched and not yet tradable oracle tokens.
Frontier and DefiDollar launched joint liquidity mining program. Users will be able to get 15,000 DFD + 25,000 FRONT per week for supplying liquidity to FRONT/DUSD pool on UniSwap during three months period.
Razor Network (RAZOR) will start its public sale on Balancer Liquidity Bootstrapping Pool today. 20M RAZOR (2% of total supply) will be available for public from Feb 4th, 1 PM UTC till February 6th, 1 PM UTC, or till all RAZOR tokens have been distributed. The price of the token in Liquidity Bootstrapping Pool can go up and down depending on the demand.
OptionRoom (ROOM) token metrics. The startup will have two public fundraising rounds tomorrow on Polkastarter and Bounce Certified. ROOM will enter the market with initial market capitalization of $315k on February 5.
KuCoin will list Klever (KLV) and BOSAGORA (BOA) on February 5th. BOA/USDT, KLV/USDT and KLV/BTC trading pairs will go live at 10:00 AM on Feb 5 (UTC).
Prometeus will start PROM staking program with 1,000 PROM daily reward pool. The staking program will be available from Feb 5 till May 5 on Prometeus platform. Stake lock-up period: 90 days. Reward vesting period: 45 days. @promnetwork
Vortex has closed $0.9M private fundraising round. X21 Digital, DuckDao, Moonrock Capital, Magnus Capital, Faculty Capital and A195 Capital are among participants. Vortex is developing a Polkadot powered user friendly web interface to maximize the gains for the yield farmers.
BitMax has launched Router Protocol (ROUTE) pre-staking with 20% est. APR. Staking is already live on the platform. Rewards are distributed daily. Users will be able to unstake their coins with a 14 days unbonding period or instantly with a fee.
Visa has launched API pilot for bank customers to buy Bitcoin. The Visa Crypto APIs pilot program will let clients “connect into the infrastructure provided by Anchorage to allow their customers to buy and sell digital assets. Digital bank First Boulevard is the first bank involved in the pilot.
Frontier is integrating with Avalanche to natively support AVAX staking, NFTs, and TrueUSD (TUSD) in the Frontier Application. Frontier is a chain-agnostic DeFi aggregator that enables users to manage all of their DeFi applications and assets in a safe, simple portal.