20.1 C
New York

Tag: yield farming

Bitcoin Options Expire

The bitcoin and ethereum options on Deribit, one of the largest crypto derivatives exchange, expired earlier today. This month saw the largest open interest in...

Top News

What Makes Alpaca BSC’s 3rd Biggest Protocol?

Alpaca Fiance, is an all-in-one lending, liquidity mining, and stablecoin project that has become the third-largest BSC protocol by TVL.

StreamCoin Launched GaStream (GSTRM), a New Utility Token to Power Its Ecosystem and Reward Users

StreamCoin, a Dubai-based blockchain project, has announced its new utility token - GaStream (GSTRM), on March 16, 2022. This token will power its ecosystem along with STRM, StreamCoin's governance token. In addition, users who have invested $50 or more worth of STRM in the public sale will be eligible to receive GSTRM tokens through an airdrop.

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption

Through its revolutionary technologies and features, StreamCoin aims to sharpen the future of Video NFTs, providing the best environment for creators and fans to trade NFTs, all without third parties or intermediaries. To achieve that, StreamCoin provides its own NFT marketplace and NFT standard powered and secured by Stream Chain (Mainnet 1.0).

Back on February 1, 2022, StreamCoin commenced its public sale for the STRM token, which will continue until April 30, 2022. It features a unique referral program that gets investors 100% rewards for every successful referral. However, as the public sale achieved high sales volume, investors started asking for an airdrop.

StreamCoin has taken everyone by surprise when announcing the Airdrop along with the GSTRM token. Although it threw hints on social media about the airdrop one day before, everyone was stunned as the announcement included more than they expected.

As mentioned above, investors need to own $50 or more worth of STRM from the public sale to be entitled to the Airdrop. Since March 18, 2022, investors began getting their GSTRM rewards with the ratio as follows: 5 GSTRM for each STRM. Furthermore, StreamCoin has listed GSTRM on the PancakeSwap exchange on March 18, 2022, with other exchanges to follow in the future.

The GSTRM token comes with an initial supply of 16,950,000,000. 66,66% will be allocated to reward the public sale and presale investors, and 33.33% will be allocated for the future rewards that users can get through Yield Farming, Real Research surveys, watching adverts on MeiTalk, node rewards later on Stream Chain 2.0, and more

Continuing its strict policy to manage its tokens supply, StreamCoin mentioned that all unclaimed GSTRM tokens from the airdrop event would be burned. Moreover, an additional 50% of that burned amount will also be burned from the future rewards allotment.

In line with these announcements, StreamCoin further added that it would participate in the World Live Streamers Conference (WLSC) 2022, which will be held on March 25 and March 26, 2022, at the Festival Arena, Dubai. Michael Ein Chaybeh, the CEO of StreamCoin, will present a keynote speech about the developments of StreamCoin, Stream Chain, and the Stream NFT Marketplace.

Feel free to visit the project's official website to learn more about StreamCoin and its technologies: https://stream-coin.com/

Media Contact:

Name: Michael Ein Chaybeh
Contact: social@stream-coin.com



SushiSwap (SUSHI): The ‘All You Can Eat’ DeFi Buffet

From the beginning of 2020 until now, the DeFi space could be summarised in two words: food fight. Indeed, it truly feels like a new ridiculous food-themed DeFi protocol is being added to this culinary carnage every other day. One of the most sought-after DeFi delicacies? Sushi, of course! For most crypto enthusiasts, the introduction of SushiSwap signaled that […]

The post SushiSwap (SUSHI): The ‘All You Can Eat’ DeFi Buffet appeared first on Coin Bureau.

Secretum x Alfprotocol: Expanding Solana’s Ecosystem With Decentralized Financial & Communication Services

Solana is a high-speed, low-cost decentralized blockchain that became an attractive base for many decentralized projects. Secretum and Alfprotocol is not an exception. By offering their messaging and decentralized financial services projects seek to expand Solana’s ecosystem. Both Secretum and Alfprotocol teams believe that this partnership will provide users with greater flexibility and functionality, and further solidify Solana as a one-stop solution for all their needs. In the following article, we will take a closer look into each of the projects and what their partnership will bring. To begin with, Secretum is a decentralised, encrypted messaging and OTC trading dApp which: Does not collect any sensitive personal data (emails, ID numbers, DOBs, physical addresses, etc). All messaging is exclusively based on verifying wallet addresses via the node network. Bypasses geographic/political obstacles (jurisdictional/IP access limitations, government censorship, etc.), ensuring messages are not censored, filtered, or tampered with by third parties. Holds message history and files (photos, documents, etc.) on anonymous, independent, and non-connected nodes, on the Secretum network. Smart Public Channels (SPCs) – can be used for communication with investors, product users, P2P deals and even for trading assets like NFTs or tokens; SPCs owners can upload exclusive content only available to people who prove that they own a certain amount of crypto assets or pay subscription fees. The brand-new member joining Secretum’s community is Alfprotocol– a Solana-based leveraged liquidity provision dapp. Alfprotocol will integrate Secretum dapp to their day-to-date communication with the community and product users. Alfprotocol community members will be able to find all the latest announcements and information in the Smart Public Channel dedicated to Alfprotocol. Besides that, Alfprotocol users will have the ability to chat with each other using the Secretum private & decentralised messaging dApp. Most importantly, Alfprotocol will use Secretum’s Smart Public Channel feature to educate the public about decentralized finances. They will share its educational videos, infographics and other content on their private channel. Thus, the public will be able to learn about DeFi in a decentralized app like Secretum. In general, Alf is a protocol for capital deployment on Solana for the purposes of liquidity provision and yield farming, both with and without a margin of up to 200x. The protocol introduces its own versions of an invariant-based Automated Market Maker protocol for exchange operations and a money market for short-term loans. The central contribution to the Solana ecosystem is a protocol for leveraged LP positions in AMM pools and yield farming protocols. Alf improves capital efficiency and facilitates more liquid markets by connecting low-risk, low-effort investors providing liquidity to lending protocols with risk-seeking, active management investors who focus on leveraged liquidity provision and yield farming positions. To celebrate this partnership, Secretum is launching a giveaway! 50 people have the chance to win a total of 2000 $SER and 250,000 $ALF tokens (worth 2000 USDT). Rules: Go to Sweewidget.com – Secretum x Alfprotocol Giveaway Complete the tasks (The more tasks one does – the more chances to win they have) The winners will receive a communication from the platform regarding the prizes they have won. Prize pool: 2000 $SER and 250,000 $ALF (40 $SER and 5000 $ALF per person)  Deadline: Monday, 4th of April, 10:00 PM UTC More about Alfprotocol  Alfprotocol – a step towards the third-generation DeFi, offering leverage for liquidity providers. At the core lies the protocol for leveraged liquidity provision into AMMs and yield farming. Alfprotocol offers 2 protocols for unleveraged liquidity management: AlfMM (DEX) and Alf (an overcollateralized borrowing service). The core purpose is to provide entry points for traders and risk-averse investors, offering them a platform to trade and provide liquidity, all the while reining in additional revenue from indirectly providing liquidity. More information about Secretum Secretum is a decentralised, encrypted messaging and OTC trading dApp that is on a mission to make decentralized messaging and trading seamless. It is DeFi and metaverse compatible, being positioned as the go-to solution for the Web 3.0 era. Secretum offers: validation through wallet, OTC, P2P trading (including NFTs) & access to smart public channels    

Why GameFi Networks Could Make Gaming a Stable Source of Income?

Why GameFi Networks Could Make Gaming a Stable Source of Income?

According to 2020 statistics, the global traditional gaming market was worth $57.7 billion and was forecasted to hit $73.6 billion by 2024. These figures can differ from what we see now, more so in the wake of the GameFi Network that is quickly revolutionizing the gaming industry. GameFi combines the conventional thrill of earning or winning prizes from games and takes the play-to-earn model to a new level. It’s the hottest thing in the gaming world right now, and if you wonder why—it’s leveraging the power of cryptocurrency and blockchain technology. Understanding the GameFi Network GameFi is not too old in our ears, but it’s simply a combination of gaming and finance, precisely decentralized finance (DeFi). It merges cryptocurrencies, blockchain technology, NFTs, and the mechanics of video gaming to provide a virtual environment where people can play and earn. Cryptocurrencies and NFTs have more use cases in the network, making them profitable and affordable. The gaming applications under GameFi allow players to benefit from a range of financial options, making gaming on GameFi a potential stable source of income for players. Based on a specific game’s economic setup, players can have a combination of or any of the following options: ·         Yield farming ·         In-game currency rewards ·         Staking ·         NFT-based assets In-Game Currency Rewards All GameFi platforms require players to have a cryptocurrency wallet for storing the specific game token or NFTs. The games also require players to purchase a starter pack, so having a loaded cryptocurrency wallet is necessary. However, once players are in the game, they can receive monetary rewards in the game’s token. The rewards come after completing specific tasks in the game, such as growing virtual crops on Decentraland, mining precious stones, or winning battles, providing opportunities for continuous financial inclusion. Axie Infinity (AXS) is one of the pioneer GameFi pioneers that allowed the Philippines to earn money in real life amid a country-wide lockdown. Many people who lost their income during the pandemic signed up for AXS, and reports came out that some were earning over $50 daily, which was above the country’s minimum wage. Some players turned Axie Infinity games into their full-time job. NFT-Based Assets The NFT industry has quickly grown into a billion-dollar industry, and GameFi is leveraging its potential in gaming. While crypto gaming focuses on allowing players to transact and receive gaming rewards in crypto, NFT gaming is a little different. Players can generate NFTs based on assets in the game, like land or armor. Think about all the virtual assets that players unlock when playing conventional games. All these assets can be made into NFTs and owned by players. The NFTs remain on the distributed ledger network and are under the control of players rather than the game developers. Owners can transfer or sell them on the blockchain, and the gaming platform also allows them to access NFT marketplaces for buying and selling NFTs. Staking GameFi applications provide a mechanism for players to delay rewards for higher payouts. Staking can take different forms depending on the platform, but players have a variety of ways to enhance their experiences in gaming. Players who stake their earnings can earn passive income paid in the game’s native or other cryptocurrencies. Myobu, for instance, allows holders of its Myobu token to stake and earn passive income paid in Ether. It is an innovative approach to pay rewards in another crypto coin other than its native token. Most projects prefer to use the native token for rewards, although using the token results in downward pressure on the token’s price as players sell their earnings. Players do not lose their tokens upon staking. Instead, they get locked away in a wallet the players possess, and they have the freedom to ‘unstake’ at any time. Even if the staking period hasn’t expired yet, players can retrieve the lock-ups at a fee. In any case, staking allows players to increase their returns passively while developing their ability to purchase NFTs. Yield Farming Yield farming is an investment strategy in DeFi that involves lending or staking crypto tokens to receive transaction fees and interest rewards. Players in the GameFi network can provide their token holdings and become liquidity providers. The tokens provided will be locked in a liquidity fund and reward the liquidity providers with the fees and interest. MOBOX is one of the GameFi platforms providing one of the best yield farming strategies for users. Liquidity providers can stake their coins into the CRATE contract, whereby each contract has a uniquely optimized yield farming strategy under different DeFi protocols. Wrapping Up The GameFi network provides an upper hand to the new age of gamers compared to traditional gaming platforms. It … Continued

The post Why GameFi Networks Could Make Gaming a Stable Source of Income? appeared first on Cryptoknowmics-Crypto News and Media Platform.

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption

Creating a Unique Unified Blockchain Infrastructure to Support Next-Gen dApps – Press launch Bitcoin News

press launch PRESS RELEASE. Metria Network, the much-awaited resolution for your entire crypto trade shall be inside attain quickly. The chain agnostic decentralized infrastructure is designed to satisfy the wants of new-age DeFi and NFT purposes by overcoming the problems of scalability, interoperability, and fragmentation of liquidity. Currently underneath improvement, the Metria multichain platform is […]

The post Creating a Unique Unified Blockchain Infrastructure to Support Next-Gen dApps – Press launch Bitcoin News appeared first on Bitcoin Upload.

Cardano-based Ravendex Readies NFT Staking Release and Bitrue Exchange Listing

Cardano Based Dex Ravendex Readies For Staking & Launchpad Platform Release
Cardano-based DEX project Ravendex has announced that its utility token $Rave will be listed on the Bitrue exchange on the 21st of March, 2022.

 ADA Price Up For A Breakout With 20% Gains! Will Cardano’s TVL To Close Q1 Trade At $1B?

adasurge (1)

The post  ADA Price Up For A Breakout With 20% Gains! Will Cardano’s TVL To Close Q1 Trade At $1B? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

  The global crypto market has been showing signs of its trek towards its $2 Trillion market cap. As digital assets from its directory portray notable gains, after sailing past volatile weeks. The industry’s now eighth largest crypto asset Cardano is up 8.15% over the week. And is the talk of the town with its soaring …

Seedify.Fund (SFUND) remains largely unchanged despite launching brand new ecosystem features

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption

Seedify.Fund (SFUND) has remained largely unchanged even as the project announced major new features…

The post Seedify.Fund (SFUND) remains largely unchanged despite launching brand new ecosystem features appeared first on Coin Journal.

FairySwap, the First DEX on the Findora Blockchain, Launches on Mainnet

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass AdoptionCalifornia City, United States, 18th March, 2022, Chainwire With liquidity mining and bridge integration in place, FairySwap is ready to ...

Read More...

FairySwap, the First DEX on the Findora Blockchain, Launches on Mainnet

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption

California City, United States, 18th March, 2022, Chainwire With liquidity mining and bridge integration in place, FairySwap is ready to

The post has appeared first on thenewscrypto.com

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption

Recent articles

spot_img