Zedcrypt's Newsletter No.0005/APRIL 4-6.2022
AAX Integrates with Lightning Network
AAX’s integration with Lightning Network underlines its ongoing commitment to bringing the most advanced blockchain technologies to its users. Scaling solutions are in high demand as BTC adoption is growing and more users are interacting with the network, leading to inflated transaction fees and slower processing times. At present, BTC payments can take 30 minutes or longer to process, with fees of $10 or more.
BAL holders and Balancer Liquidity Providers now receive a host of benefits with veBAL
Balancer Protocol is finally releasing veBAL. This means that BAL holders should lock their BAL into veBAL to get a host of benefits in the new vote-escrowed (ve) system. Balancer LPs should stake their LP Tokens (BPTs, Balancer Pool Tokens) to continue to receive liquidity mining incentives. Everyone in the Balancer Ecosystem is thrilled to see how far veBAL transforms Balancer Protocol.
Chainport is supporting Polygon Native Tokens
ChainPort started in mid-2021, with Ethereum being the only native chain they supported and expanding to more chains like Polygon, Avalanche, BNB Chain, Fuse, Moonriver, and Fantom. Still, all these chains were only available to projects which initially deployed their first contract on Ethereum. They had calls with thousands of projects. In addition, they found a great demand for other EVMs natively that wanted to tap into different communities like Polygon projects wanting to explore Avalanche or Fantom.
Fantom (FTM) - Spotlight by Poloniex
Fantom, is a scalable and high-performance smart contract platform with EVM compatibility and a robust ecosystem of dApps, decentralized applications, and projects.
Flamingo Releases Revolutionary Reverse Pools.
Flamingo is proud to announce the release of a revolutionary achievement in DeFi: Reverse Pools. And to get this party started, we’re launching two brand new pools: FRP-FLM-NUDES, and FRP-FLM-CANDY.
Allbridge partnership Mercurial Finance to launches 3Pool
Allbridge is thrilled to partner with Mercurial Finance which has launched a new pool with its bridged assets. It offers a convenient way to swap between Allbridge-wrapped UST and cUSD on Solana.
In its design, DAOVERSE aims to distribute LABOR tokens allocations to worthy users, namely those who contribute outstanding value to the growth of DAOVERSE & DAO Labs’ Social Mining Ecosystem. DAO Labs creates such a merit-based token sale allocation method as Initial Labor Offering (ILO).
KuStack, is a Decentralized Finance (DeFi) Yield Optimizer that gives the opportunity to its users to automatically compound their farming yields. If you think the farming in KuSwap was great, now you can auto compound them and earn interest on your yield as well.
Poloniex Announces Participation and Sponsorship of Bitcoin 2022 Conference
As one of the world’s largest and most prominent Bitcoin conferences, Bitcoin 2022 is expected to bring together over 35,000 crypto enthusiasts and 3,500 companies within the Bitcoin ecosystem. Poloniex will also have a presence at the four-day event with staff from different teams.
Binance Labs announces investment in STEPN
The venture capital and innovation incubation arm of Binance is pleased to announce its investment in STEPN, a web3 lifestyle app where users can earn for every step they take. Users equipped with NFT Sneakers can move outdoors to earn tokens. It has unique Game-Fi and Social-Fi elements that keep users engaged and motivated to move outdoors and get rewarded. STEPN has a built-in wallet, swap, marketplace, and many features in-app for easy onboarding of the users. STEPN will use the funds to develop its app and grow the community.
What is Web 3.0? - spotlight by MEXC
The emergence of Web3.0 has provided us with a more secure, efficient, and free Internet model, allowing us to see the possibility of protecting user privacy and security. Although there is still a long way to go before Web 3.0 is realized, with the development of blockchain technology, we believe that our Internet environment will become more and more secure and interesting.
Zedcrypt “Dev’s Things” is Spreading the news abot cryptocurrency developers, tokens, ideation, and the latest product update.
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