SushiSwap to create three DAOs in Panama and Cayman in business restructuring
The proposal received 100% votes, establishing the DAO Foundation, the Panamanian Foundation, and the Panamanian Corporation. Go to Source Powered by WPeMatico
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Boba Network Partners With Avalanche, Boba AVAX L2 to Provide ‘Faster Transactions and Lower Fees’
On Wednesday, the layer two scaling solution that leverages optimistic rollup technology, Boba Network has revealed it now supports the proof-of-stake (PoS) network Avalanche. According to the Boba Network team, the new Avalanche support will produce “faster transactions and lower fees.” Boba Network Integrates With the Avalanche PoS Blockchain Boba Network, the layer two (L2) … Read more
Sushi and Synthetix get the boot in Grayscale DeFi fund rebalancing
Crypto asset management firm Grayscale has added three new crypto assets to its funds and has kicked SushiSwap and Synthetix from its DeFi Fund following its first quarterly rebalance. Go to Source Powered by WPeMatico
SushiSwap community proposes Swiss legal structure to limit DAO liability
According to the proposer Tangle, the intended foundation will play a key role in limiting the liability for contributors and driving Sushi’s future growth. Go to Source Powered by WPeMatico
Value Locked in Defi Sheds $55 Billion in 2 Months, Ethereum’s Defi Dominance Loses 14%
The crypto-economy has been sliding in value during the last 48 hours as the current market valuation for all 13,000+ crypto assets is $1.83 trillion. Furthermore, the total value locked (TVL) in decentralized finance (defi) protocols has slipped below the $200 billion mark to $196.02 billion on Sunday morning (EST). Meanwhile, Ethereum’s dominance is 55.54% … Read more
Users flock to Curve amid lack of stablecoin liquidity on major DEXs
A concentration of stablecoins on a handful of platforms has drained liquidity from others. Go to Source Powered by WPeMatico
As Bitcoin and Ethereum See Sharp Drops, 18 Crypto Assets Captured Double-Digit Gains Last Week
While the crypto economy shed billions in value this week, 18 different digital assets have accrued double-digit gains during the last week. At the same time, the top two leading crypto assets by market capitalization, bitcoin and ethereum, have lost between 2.8% to 6.2% in value in seven days. 18 Crypto Assets See Values Increase … Read more
Top 5 Crypto Metaverse Coins With the Highest Trading Volume to Market Cap Ratio
Crypto Metaverse coins are all the hype right now, with many projects seeing massive price gains in the past few months. One way to identify hot cryptocurrencies is by looking at their 24-hour trading volume to total market cap ratio. Let’s look at the top five crypto Metaverse coins with the highest trading volume to … Read more
Report: Decentralized Exchange Volume Surpasses $1 Trillion in 2021, Uniswap Leads the Pack
Decentralized exchange (dex) volumes have become very prominent this year and some dex applications have been dealing with volumes that are sizable to large centralized crypto exchanges. During the last seven days, Ethereum-based dex platforms processed $21 billion with Uniswap capturing 71% of all the Ethereum-based dex applications today. Statistics from a report published by … Read more
Gods Unchained Price Up 26% After SushiSwap AMA
As cryptocurrency markets rebound slightly today, we’re seeing many projects increase in price by over 20%. Out of all the cryptocurrencies on Crypto.com, Gods Unchained is today’s biggest gainer, rising over 26% in price over the past 24 hours. Let’s look at what Gods Unchained is and why the price is increasing so much. What … Read more
