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Parrot Integrates Chainlink Price Feeds for Liquidation and Collateral
22.11.2021
According to the latest development, the decentralized finance (DeFi) platform Parrot has announced that it is going to use the Chainlink Price Feeds for liquidating loans and estimating the collateral requirements for lending the money. This particular announcement has caught the attention...
ApeSwap Announces Lending Service with Ola
22.11.2021
ApeSwap, the BSC-based decentralized exchange, recently announced a partnership with Ola lending services. The collaboration will see ApeSwap releasing its lending services to facilitate optimal liquidity for users. The exchange released an official post to inform the users about...
Growth DeFi Announces a New Hybrid Bridge for Cross-Chain Decentralized Farming and Launches on Avalanche
22.11.2021
Growth DeFi, a cross-chain decentralized farming protocol, has launched on the Avalanche blockchain ecosystem. The DeFi ecosystem was launched on the 13th of November with its new and innovative Hybrid bridge system. The new hybrid bridge system aligns incentives between WHEAT holders on different...
Unbound Partners with Avalanche to Create Gateway for Cross-Chain Yield Generation
19.11.2021
Unbound Finance, which is also the ‘First-Ever-Debt-Free System for Liquidity Provisioning,’ working on creating a layer for aggregator over current AMMs, has partnered with Avalanche, a low-cost and environmentally friendly Blockchain, that will help in boosting and improving capital...
PredictX Integrates Its Chainlink Datafeed for Secured Prediction Marks
19.11.2021
PredictX recently announced the integration of Chainlink’s standard Oracle with the DeFi market platform. PredictX, which uses Chainlink Data Feeds on the Binance Smart Chain, offers prediction market liquidity using top-quality data like BTC and ETH. PredictX chose Chainlink over competing...
Half of Uniswap’s Liquidity Providers See Negative Returns, Study Claims
18.11.2021
Half of all users who provide liquidity on the third version of the decentralized exchange Uniswap are seeing lower returns than they would have if they simply held tokens in their own wallet, a new study claims....
Read More: Half of Uniswap’s Liquidity Providers See Negative Returns, Study Claims
Flux Announces LBP on Balancer with Mainnet Launch Details
18.11.2021
Flux recently announced its much-awaited Mainnet launch on December 1st, 2021. In addition, the network also released its decentralized oracle to Layer One, Near, to boost next-gen DeFi projects. The venture is ready to launch its LBP on Balancer to boost community governed and curated operations....
With Over USD 40M Raised, DAO is On the Cusp of Buying a Copy of US Constitution
18.11.2021
ConstitutionDAO, a decentralized autonomous organization (DAO) that was formed to pool funds in an effort to bid on a rare, first-edition printed copy of the US Constitution, has raised over USD 40m - two times more than the auction house Sotheby’s upper estimate....
Read More: With Over USD...
pSTAKE Raises $10M for Bootstrapping Liquid Staking Protocol
17.11.2021
pSTAKE, a carefully designed product, helps to overcome the issues of PoS staking while also improving the experience of the consumer to encourage widespread adoption. With pSTAKE’s TVL now over $30 million, our concept has caught the attention of some of the industry’s top names,...
The First Liquidity Protocol for Non-standard Assets to Be Launched by Pawnfi.com
16.11.2021
Pawnfi.com successfully closed a $3M funding deal during the Venture Capital investment round led by Digital Currency Group (DCG), including Animoca Brands, Everest Venture Group, SNZ, Dapper Labs, Polygon, Defi Alliance, Hash key Capital, and 6Block. Pawnfi has found favor with the venture...
SmartCredit.io Integrates Chainlink’s Decentralized Oracle Data
16.11.2021
SmartCredit.io is a well-recognized name when it comes to the category of lending on the Ethereum blockchain network. In order to strengthen its position, the company has now integrated the decentralized Oracle network of Chainlink that will facilitate its greater integration and expansion in...
Photochromic Joins Hands with Paribus to Offer Additional Utilities for the Cardano DeFi and NFT Ecosystem
15.11.2021
Paribus is a type of cross-chain credit and credit platform based on the Cardano blockchain. Paribus is ready to be the frontrunner in the industry by unleashing and fully understanding the inherent value of other unconventional assets and NFTs. PhotoChromic allows users to securely own and verify...
BSC Station Announces Partnership with Launchzone in IDO, Incubator, and Other Areas
12.11.2021
BSC Station announced its entry into a partnership with LaunchZone – The Ultimate Defi Platform. The company will be collaborating in a variety of areas, including GameFi, IDO, Metaverse, and many more. This collaboration is intended to propel both BSCSstation and LaunchZone forward in a variety...
DeFi Industry Must Tackle Lack Of Transparency, Pseudonymity: SEC Commissioner
12.11.2021
US Securities and Exchange Commission (SEC) Commissioner Caroline A. Crenshaw identified two specific structural problems that the decentralized finance (DeFi) industry needs to address: a lack of transparency and pseudonymity....
Read More: DeFi Industry Must Tackle Lack Of Transparency...
NASDEX Syncs Chainlink Price Feeds to Provide On-Chain Accessibility to Traditional Asian Assets
11.11.2021
NASDEX has announced its integration with Chainlink price feeds on Polygon Mainnet enabling Asian-based stocks’ foray into the NASDEX trading platform. Why Chainlink? Announcing this integration, NASDEX officials explained that they have chosen Chainlink because they believe in its ability...
Chainlink Oracle Services to Build Advanced Smart Contracts
10.11.2021
Chainlink oracle assistance services are intended to help emerging areas of the smart contract economy grow. Chainlink Price Feeds, for example, enable DeFi applications to manage assets dynamically based on real-time market conditions, whereas Chainlink Verifiable Random Function (VRF) enables...
Polygon Releases Direct Fiat DeFi Payments via Alchemy Pay
9.11.2021
Polygon recently joined hands with Alchemy Pay to release fiat on-ramps. The integration allows Polygon to support direct fiat payments for DeFi on the platform. In addition, Alchemy Pay will build a bridge between crypto and fiat payments to set up the on-ramp. The latest development boosted...
BSCStation Creates $3million Fund for Decentralized-Metaverse
8.11.2021
In order to make the decentralized-metaverse a reality, a $3million fund has been created by the BSCStation. The announcement in this regard has been made by the company recently and this specific fund will be used in encouraging all activities in the ecosystem – right from fundraising...
OpenOcean Atlantic Live on Ethereum Network From Nov 1
2.11.2021
The Open Ocean Atlantic is the second version of the OpenOcean. This new upgrade by OpenOcean will provide higher swap rates and maximum returns, eventually outperforming other DEX aggregators. The additional benefit of trading on OpenOcean is that there is no additional fee and everything...
WOO to Use Chainlink for Institutional Market Data Oracles
1.11.2021
WOO Network recently announced launching its customized Chainlink oracles. The venture will combine its liquidity providing strategies and Chainlink’s oracle technology to deliver the market data oracles. Chainlink has already established esteemed integrations in the past few months. Therefore,...