The market cap of Fantom ($FTM) has exceeded $2 billion with expectations of reaching its previous high of $0.8444 per $FTM any day. The Ethereum Virtual Machine (EVM)-compatible blockchain allows transactions to be completed in 1 second, meaning that it is a premier choice for developers. The question now is: will this growth be continued[Read more…]
Monthly Archives: May 2021
05
May
May
YouTube famous Caisey Neisat, known for his amazing, creative, and inspiring videos, made a single Tweet, “Eth!”, as a rally of over 20% ensued. One Word: “ETH” Casey Neisat is both pro-bitcoin and pro-cryptocurrency. He has always tweeted and shown support to the blockchain industry. The one-word Tweet on May 1st was well-timed with the[Read more…]
05
May
May
Back on April 27th, I wrote about the new version of PancakeSwap that would come with many new innovations. One section emphasized the improvements V2 would bring and what would come next. Well, one of those improvements is here, and it is Pancakeswap’s auto-compounding feature, something that many users and owners of CAKE were waiting for. This[Read more…]
05
May
May
$ORO Token Comes to Binance Blockchain Binance continues to confirm its position among the top three cryptocurrencies. In fact, Binance is benefits immensely from the high gas fee of its two major rivals bitcoin and ethereum. The reason is that people opt for a cryptocurrency that has low transaction fee. Human beings are rational, thus[Read more…]
TEN simplifies staking and yield farming with the most liquid Binance Smart Chain Liquidity Pools available and provides a robust yield earning environment on the market while adapting to daily liquidity needs of the different pools. TEN is the Token Enrichment Network, decentralized finance, simplified! All questions answered by Mr Ten Lola(AMA HOST): Can the Team[Read more…]
BSC News, BSC Projects
Wault Swap Revamps Burn Process, Allocating 100% of Protocol Fees to WEX Holders
05
May
May
Wault Finance has announced that 100% of WSwap’s trading fees will move to buy back and burn WEX. Currently, the protocol will use approximately $32,000 to buy and burn WEX daily — 0.02% of the daily trading volume. Introduction Several protocols do all they can to burn their tokens to drive value to its users.[Read more…]
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May
May
Ten years before, the academic definition of cryptocurrency was essentially unfamiliar to the people of the planet. All this changed in 2009 when Bitcoin was created. Today, most people know about cryptocurrency, even if they don’t know how the mechanism functions. Bitcoins are produced every 10 minutes at an actual rate of 25 Bitcoins. The[Read more…]
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May
May
The UFC plans to take advantage of this interest by releasing their own NFT through Chiliz Summary: The world’s largest Mixed Martial Arts fighting tournament, the UFC (Ultimate Fighting Championship), plans to launch its own $UFC fan engagement token in cooperation with Chiliz on the Socios.com website. UFC: Another Sports Giant Embraces NFT Culture A[Read more…]
BSC News, BSC Projects
IRON Finance Launches Investment Vaults in Partnership with Value DeFi, Collateralized Synthetic Tokens, and DragonBall Lottery!
05
May
May
The DeFi industry needs strategic developments and IronFinance aims to be the main and biggest issuer of a partially collateralized stablecoin and investment vaults on the BinanceSmartChain. Introduction IronFinance, the first and well known partial-collateralised stablecoin protocol on the Binance SmartChain (BSC), has recently launched their Investment Vaults for its STEEL token, and DiamondHand, which is IronFinance’s other[Read more…]
05
May
May
PancakeSwaps deflationary mechanisms are in full swing. A tweet from the official PancakeSwap Twitter account on May 3rd stated that the exchange bought $7.8M of $CAKE back from the market in trading and prediction fees. Burning $CAKE tokens power the PancakeSwap ecosystem, and are earned through yield farming or staking in syrup pools. This means[Read more…]
