DeFi
NFT Marketplace Sudoswap Airdrops Tokens to Liquidity Providers and 0xmon Holders
SUDO holders can vote on on-chain governance proposals, and the tokens are initially non-transferrable.
Bridge Platform LayerZero Denies Allegations It Kept ‘Backdoor’ Secret
The allegations from the head of Nomad, a LayerZero competitor, come just before Uniswap votes on whether to partner with LayerZero.
DeFi Project Friktion’s Shutdown Said to Stem Partly From Founder Disagreement
The official reason given by Friktion officials for the shutdown was that costs outpaced revenue, creating challenging economics for the Solana-based project.
Fantom Blockchain to Release Version 2 of fUSD Stablecoin
The migration from version 1 will result in liquidations of any positions where fUSD debt is equal to or greater than the FTM backing it.
Floki Inu DAO Passes Proposal to Burn Over $100M Worth of Tokens
FLOKI's price has rallied more than 100% in the past week.
DeFi Lender Aave Deploys Version 3 on Ethereum Network
Aave v3 allows users to benefit from the highest borrowing power out of their collateral.
Polygon Derivatives DEX Gains Network Crosses $1.5B in Trading Volume on Arbitrum
Trading volumes on Gains Network deployed on Arbitrum reached $230 million in the past 24 hours alone, data shows.
Floki Inu Developers Float DAO Proposal to Burn $55M of Its Own Tokens
The proposal is part of a broader move towards positioning Floki Inu as a serious DeFi project, developers told CoinDesk.
Cardano DEXs Will Support Djed Stablecoin Liquidity Pools Starting Next Week
The issuance of Djed’s overcollateralized stablecoin has been a much-hyped topic in the Cardano community.
