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Osmosis gets listed on Binance and soars 20%

Only a few hours ago, Osmosis was listed on the popular cryptocurrency exchange Binance.The value of their token has gone up by more than 21% because of this announcement. CoinGecko lists Osmosis (OSM), a DEX developed by Cosmos, as the sixty-fourth biggest digital asset by market cap. At $8.50, it is still 86% behind its record high of $11.25 set in March. By mid-May, it had dropped below $2.00. The most recent price of OSMO was $1.57. #Binance...

$OSMO, Binance, COSMOS, Cryptocurrencies, DeFi, Front page, News

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UniLend V2 Launched: Becomes 1st True Permissionless Lending & Borrowing Protocol

The UniLend team is looking to revolutionise the lending and borrowing scene in the DeFi space by launching its much awaited V2 testnet on the Goerli chain today. It is the first ever protocol that claims to “Make Every Digital Asset Productive”. Earlier, UniLend Finance CEO, Chandresh Aharwar, unveiled the version of the UniLend Dapp for the first time on Binance Live, calling it “The world’s first true permissionless lending and borrowing...

Airdrop, Binance, dApps, DeFi, Ethereum, Press release, UniLend

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Olympus: goodbye Defi 2.0, hello “Real Yield”? 

Olympus, a DeFi protocol with more than $200 million in total value locked up, will reduce the sky-high yield that holders of its native token have enjoyed over the past year and a half as part of its “bond-centric future.” $OHM has now lost more than 99% of its value from its all-time high and is currently worth less than $11. OHM’s staking used to provide double-digit annual returns. OHM’s staking on Thursday produced...

$OHM, Cryptocurrencies, DAOs, DeFi, DeFi 2.0, Featured, Front page, News

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KuCoin Labs Invests in Superpower Squad, a Superhero-Themed Shooter Game to Boost the Development of Game-Fi

June 09, 2022 06:00 AM Eastern Daylight Time VICTORIA, Seychelles–(BUSINESS WIRE)–KuCoin Labs, the investment and research force of the KuCoin ecosystem, announced on June 9 that it had led an investment in the Superpower Squad game. Other investors involved in this private round include EVG and Ankr. The valuation of Superpower Squad is at $50 million, and the game’s development of completion and high playability is rare...

Crypto Games, DeFi, GameFi, Press release

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What to do with Anchor Protocol in the long term?

Terra’s native stablecoin, $UST, is used as the basis for Anchor, a decentralized return protocol that provides users with a fixed annual return of approximately 20% on deposits made to UST. During the first week of February, a governance proposal called for the Luna Foundation Guard (LFG) to inject $450 million into the Anchor yield pool to keep yields high. This caused problems to the protocol. Due to recent downward pressure...

$ANC, $UST, DeFi, Front page

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