Nord Finance (NORD) will have a public sale via PolkaStarter on January 12, 2021. 50k NORD will be available for community and 50k NORD for POLS holders across two pools. The startup will get listed on Uniswap the same day with 714k NORD initial circulating supply or $643k based on $0.9 per NORD. 300k NORD from initial circulating supply is for liquidity provision making the effective first day circulating supply around $373k.
Bounce Finance has received a grant from the Web3 Foundation Open Grants Program. Web3 Foundation grants program funds software development and research in the field of decentralized software protocols. Bounce Finance is a decentralized auction protocol that introduces competitiveness in token swapping.
Exeedme (XED) is already available for trading on Uniswap. Exeedme has closed its public sale on Polkastarter earlier today. XED is now trading around 7x from public sale price peaking at almost 23x at the start of the trading.
Some of the most noticeable crypto fundraising events during last 14 days.It is a second part of our overview of fundraising activities among blockchain startups in December 2020. First part is here.
Union Finance (UNN) partners with Waves to bring liquidity and asset protection to the Waves Ecosystem. Union will offer its collateral protection product to future lending protocols that use Waves’ Neutrino USD (USDN) and smart contract protection to the inter-chain communication protocol Gravity.
UniLend’s Alpha release is live as of December 29. Lending and borrowing functionality is now live, with exchange functionality being implemented in the next couple of days. Earlier today UniLend has released its code on Github. UniLend aims to launch its product in Q1 2021.
Nord Finance has closed $1.2M private fundraising round and released its token distribution details. Amesten Capital, Etienne vantKruys, Amplifi Capital, Twinapex capital, Blackdragon, and X21 Digital are among investors. The startup will be selling 1% of its total supply during public round.
OKEx will start initial mining of OKExChain Token (OKT) on December 31. OKT initial minting session will commence from Dec 31, 2020. OKB holders can stake OKB to mint OKT during 14d period. The total amount of initial mining: 10M OKT. OKT has the same halving model as BTC — the initial block reward is 1 OKT and it is halved every three years. The theoretical total upper supply limit is about 72.2M OKT. OKEx aims to launch mainnet of its own OKExChain in January 2021.
Coinbase will suspend trading in XRP on January 19. In light of the SEC’s lawsuit against Ripple Labs, Inc trading on Coinbase will be fully suspended on Tuesday, January 19, 2021 at 10 a.m. Pacific Standard Time.
Exeedme will have a public token sale on Polkastarter on December 30. A total of 1.5M XED will be available in two pools with a fixed price of $0.05 (750k XED for early adopters and 750k XED for POLS holders). A startup will get listed on the same day with 17.5M XED initial circulating supply or $875k based on $0.05 per XED.
KuCoin will have community coin vote from December 28 till December 30. API3 (API3), SushiSwap (SUSHI), Unifi Protocol DAO (UNFI) and Alpaca City (ALPA) will compete for the listing. The two projects with the highest total net deposit amount will get listed on KuCoin. Voting Time: 18:00 on Dec 28 till 18:00 on Dec 30 (UTC+8).
In addition to trading on decentralized platforms 1INCH token is already tradable on Binance, KuCoin, Huobi, OKEx, MXC and Gate. 1Inch has raised a total of $14.8M during two fundraising rounds this year.
DEX aggregator 1Inch has released its own token 1INCH. All wallets that have interacted with 1inch until December, 24, midnight (UTC), will receive 1INCH tokens. 0.5% of 1INCH total supply will be additionally distributed during next two weeks(from Dec 26) to liquidity providers for these 6 pools: 1INCH-ETH, 1INCH-DAI, 1INCH-WBTC, 1INCH-USDC, 1INCH-USDT, 1INCH-YFI. The initial circulation supply on the release day will be 6% out of 1.5B total supply plus 0.5% during the first two weeks of the liquidity mining program.
Axie Infinity has released public testnet of its own sidechain. Ronin is a scaling solution built specifically for Axie Infinity. Ronin is currently a Byzantine Fault Tolerant proof of authority(POA) network operated by validators.
Marlin has introduced the POND DAO. It allows different layer 1 communities to tweak the layer 0 protocol's parameters, including staking yield rates for different blockchains, and eventually decentralizes control of the base layer protocol. Marlin is distributing tokens via the ongoing FlowMint stakedrop where users stake DOT, ATOM, NEAR, FANTOM, MATIC, IRIS, BNB to earn MPond.