Token Launch - Recent articles
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Safe Token Trades at $1.2B Market Cap After Community Votes to Unpause Transfers
A 99% majority vote resulted in the unfreezing of the SAFE token contract for transfers.
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Solana Memecoin WEN Rallies as 3-Day Airdrop Ends
All unclaimed tokens, or about 25% of circulating supply, will be burned.
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Coinbase Lists SEAM Token as Airdrop and Liquidity Mining Program Begin
SEAM was trading at a around $7 in the three hours after its launch. The total supply is reported to be 100 million.
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Gnosis Auction Aims to Solve ICO Volatility
DeFi market mechanism developer Gnosis is launching Gnosis Auction, a tool intended to solve initial price volatility for new ERC-20 tokens. Gnosis Auction combines batch auctions with limit orders. Projects launching new tokens will be able to use Gnosis Auction to set up batch auctions, wherein founders set the lowest price they’re willing to sell…
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Tornado Cash to Decentralize Governance Via TORN Token
Tornado Cash presented a governance proposal to incentivize use of the Ethereum-based privacy tool via a new token called TORN. Tornado Cash allows users to deposit a fixed amount of supported assets (ETH, USDC, DAI) and “wash it” through an anonymity pool. That deposited value can be redeemed by the receiving address using a note…
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Basis Cash Revives Shuttered Stablecoin With 10,000% Yields
Basis Cash, a fork of shuttered algorithmic cryptocurrency Basis, is touting DeFi-summer like APYs as the newly launched stablecoin – BAC – trades at $64 despite targeting a $1 peg. With ~10,000% APYs on the BAC stablecoin liquidity pools, DeFi traders rushed to provide liquidity to the project which seeks to revive Basis without the…
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Traders Pour $200M+ Into New Risk-Hedging DeFi Protocols in Two Weeks
There’s a new investment category rising in DeFi: yield optimized by risk level. At least two projects, Saffron Finance and Barnbridge, have started to offer investors the ability to earn differing yields in accordance with their risk tolerance. Barnbridge currently has $186 million in liquidity mining deposits just weeks after its launch on October 20th,…
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Clock Starts Ticking for Filecoin Investors to Cash Out
Filecoin had a record breaking $205M token sale in the 2017 boom days, promising to bring decentralized file sharing to the world, but all investors had to show for it in the three years since, was FIL token IOUs as the project repeatedly delayed its launch. The day finally came yesterday, and for many, it…
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Uniswap's UNI Instantly Becomes One of DeFi's Most Widely Held Tokens
Uniswap dropped the mic with the surprise launch of its native governance token – UNI. Uniswap, the leading DeFi DEX averaging more than $350M in daily volume over the past month, airdropped 15% of the total 1 billion UNI minted at genesis, to anyone who had ever interacted with the protocol since its inception. UNI…