BitMax has launched LTO Network (LTO) staking with 8.28% APR. Users will be able to unstake their coins any time, use staked assets as margin collateral and maximize returns through automated redelegation of rewards. Rewards distributed and compounded on the daily basis.
5 not yet tradable DeFi Tokens you should know about: 1. Compound, a leading lending protocol will start COMP distribution on June 15th. The public distribution will feature 4.2M COMP out of 10M in total, distributing 0.5 COMP every block. 2.8K COMP will enter the market daily during next 4 years. The distribution is allocated to each market (ETH, USDC, DAI…), proportional. 50% of the distribution for suppliers, and 50% for borrowers.
2. Balancer is a non-custodial portfolio manager, liquidity provider, and price sensor. Launched in March this year. Out of the total supply of 100M BAL tokens, 25M were allocated to founders, devs, investors. The remaining 75M BAL tokens will be distributed as of June 1 to users who provide liquidity to Balancer pools in a process called liquidity mining.
3. bZx protocol and Fulcrum its lending and trading DApp. Launched in June 2019. Raised 4.5K ETH during ICO in 2018. Another public round is scheduled for 2020. Total supply: 1.03B BZRX. To be sold: 530M BXRZ.
4. Curve Finance is improving slippage for DeFi stablecoin conversions, like DAI/USDC. Launched earlier this year. Curve is working on decentralizing its ownership through a Curve governance token. All liquidity providers since the inception in January 2020 will be considered for the initial distribution proportionally.
5. dForce develops stablecoin, liquidity, lending and derivative protocols. The total supply is: 1B DF. The token distribution model is not available at the moment. It is actually available on Uniswap with a limited supply.
MXC exchange will host its third public token sale on June 12. Previously the platform had IEO of Just (JST) with 5x ROI during the first hours of trading and Just Network (JUS) with 6x ROI during the first hours of trading.
The token sale will have lottery format. In order to participate user should meet at least one of the following conditions: 1. Hold 10K+ MX tokens during 30 days period (up to 20 tickets per account). 2. Hold 5K+ USDT on trading platform before the ticket claim (up to 20 tickets per account). 3. Margin trading volume of 10K+ USD from June 10 till June 12 (up to 20 tickets per account). The allocation per winning ticket: 105 USD for MX token holders and 50 USD for traders. The total number of winning tickets: 833. Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. https://www.mxc.com/spaceM/list #promo
Collectible crypto game Blockchain Cuties will join Matic ecosystem. In the infographic below you can find all the gaming DApps in Matic ecosystem till today.
Oops, I did it again. Following yesterday’s record high ETH transaction fee the same account has sent another transaction with the same tx fee: 10,668 Ether. Both ETH pools are ready to discuss the possible solution with account owner. If there will be another transaction like this ETH mining should be considered seriously.
Coinbase has released a list of assets that potentially may be listed on the exchange. These new assets include, in alphabetical order: Aave, Aragon, Arweave, Bancor, COMP, DigiByte, Horizen, Livepeer, NuCypher, Numeraire, KEEP Network, Origin Protocol, Ren, Render Network, Siacoin, SKALE Network, Synthetix, and VeChain.
Kava will launch its DeFi lending platform today. The first DeFi platform based on Cosmos SDK is going live on June 10th with BNB as first collateral and USDX stable coin. USDX is the USD-pegged stable coin which is minted on the Kava platform. Users will be able to use many assets to mint USDX and BNB will be the first one.
KuCoin’s PoS mining platform Pool-X will offer ATOM and KSM soft staking with 9-10% APR. Activity Time: 20:00 on June 10 till 20:00 on July 1 (UTC+8). Soft staking program allows all users who hold specified assets automatically receive daily interest based on annualised rate of return.
A record high ETH transaction fee has been paid today: $2.5M to transfer $130 USD. A user probably mixed up value to transfer and the fee. In 2019 another transaction worth 0.1 ETH with 2.1K ETH as transaction fee has been made.
Filecoin (FIL) will launch incentivized testnet in July. The top 100 miners globally and top 50 miners from each continent, will split 4M FIL prize pool based on how much storage they and the network achieve during the test period.
FileCoin is a blockchain project of decentralised storage network with a native protocol token that has closed fundraising back in 2017 with a total of $257M USD raised. FileCoin Mainnet is expected to be released in Q3 2020.
RiveX (RVX) introduced its staking program League of Stakes with up to 62% APR. The League of Stakes model comes with a unique mechanism called the Stake-to-Burn mechanism. RiveX will be burning the same percentage for the amount of RVX from the Ecosystem Fund based on the total RVX staked. Users will be able to unstake their assets at any time.
The BiLira company will launch TRYB, a stablecoin backed by the Turkish Lira, on AVA during the mainnet release. The BiLira company is a stablecoin provider with 1,500 users and 14 million tokens in supply. According to the recently released blog post TRYB was limited to the Ethereum blockchain as an ERC-20 token and will be offering its users more scalability on AVA mainnet.
Band Protocol (BAND) will get listed on BitMax on June 10th. Both trading and staking to be available on the platform at the same time: on June 10th, 10:00 a.m. EDT. Till June 20th there is a bonus with up to 30% APR for users who will stake BAND.
Geographical distribution of cryptocurrency traders around the globe. By analyzing web traffic of 70 most popular cryptocurrency exchanges we’ve created a list of TOP 30 countries sending traffic to these trading platforms. Data source: Similarweb
BitMax invites pro traders to its Copy Trading service with a chance to share $1M USD prize pool. BitMax has introduced Copy Trading Service earlier this month. At the moment only BTC/USDT perpetual contract available for copy trading service, cash and margin trading will become available at a later date
Ankr has enabled PCHAIN public node hosting on its platform. Both PCHAIN’s Candidate nodes and Bidder nodes can now be deployed through one-click node hosting solutions. Ankr and PCHAIN are launching a joint campaign: one month of free hosting and a shared delegation pool of 3,600,000 PI for the first 36 newly Ankr hosted candidate nodes.