Day: February 11, 2021

Equilibrium Creating Version of Curve on Polkadot

Equilibrium, an interoperable money market, announced on a Feb. 9 Medium post plans to create a version of Curve Finance’s automated market maker on the project’s chain within the Polkadot ecosystem. Equilibrium will be able to facilitate trading for homogeneous assets on Polkadot, whether they are DOT-based or different tokenized versions of the same asset, …

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NBA Top Shot’s $50M in Sales Beats CryptoKitties and Decentraland

The whole NFT digital collectible market has been exploding lately, but NBA Top Shot is in a league of its own.  NBA Top Shot is a line of officially licensed, collectible NFTs (made by CryptoKitties creator Dapper Labs) showcasing the best moments from NBA games. Unlike most other collectible NFTs, which are dropped on marketplaces …

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MetaMask Raking in ~$170k/Day Shows DeFi Wallets Work as Businesses

MetaMask is making about $170k per day thanks to its token swap feature, Tom Schmidt of Dragonfly Capital said in a tweet, which was later confirmed with data the wallet’s team published in a Dune Analytics dashboard. The decentralized wallet and most popular gateway to DeFi is processing between $15M and $20M in daily trading …

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Aave Defies Expectations But May Be Getting Overheated

Aave continues to surpass expectations from an investment standpoint and in terms of progress in the underlying protocol, but on-chain data shows holders may be preparing to take profits. Aave recently achieved over $5 billion in total value locked, becoming only the second protocol to achieve this feat. Having nearly doubled in TVL within a …

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