🖼 SuperRare Drops Token Amid Series of Moves to Empower Artists
Hello Defiers! Here’s what we are covering today,
News
SuperRare Drops Token Amid Series of Moves to Empower Artists
Layer 1 Player Avalanche Offers $180M in Incentives to Woo Defiers
Video
Podcast
🎙Listen to the interview in this week’s podcast episode here:
Links
On-chain Cryptopunks: Larva Labs
Darknet crypto mixer operator pleads guilty to laundering $300M in BTC: CoinTelegraph
Coinbase Names Mitsubishi UFJ as Banking Partner in Exchange’s Japanese Expansion: CoinDesk
Crypto grows from 2% to 41% of Robinhood's total revenue in past year: The Block
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NFTs
🖼 SuperRare Drops Token Amid Series of Moves to Empower Artists
TLDR SuperRare, the influential NFT art platform, is taking a big step forward in its plan to progressively decentralize with the launch of its RARE token on Aug. 17. As part of a slew of changes, SuperRare is poised to bestow more control to artists.
AIRDROPPING The new token rocketed more than 235% on Tuesday and Wednesday before bouncing around in the $1.30 to $1.40 range in early-afternoon trading New York time on Wednesday, according to CoinGecko data. SuperRare is airdropping 15% of the 1B RARE supply to artists and collectors. At the token’s current price, that’s a distribution worth approximately $200M. There are already more than 4,500 RARE holders, according to Etherscan.
👉READ THE FULL STORY IN THE DEFIANT.IO 👈
Liquidity Mining
❄️ Layer 1 Player Avalanche Offers $180M in Incentives to Woo Defiers
NEWS Layer 1 blockchains are making extraordinary offers to attract DeFi protocols and juice liquidity. It was Harmony earlier this week, and now it’s Avalanche. The Avalanche Foundation is offering $180M in liquidity mining incentives to bring more apps into its DeFi ecosystem.
CURVE The first recipients? Users of the Avalanche-deployed versions of lending platform Aave and automated market maker Curve Finance. Avalanche has committed $20M of its native AVAX token for Aave users and $7M for Curve users over a three month period.
SO WHAT Investors seem to like the move — AVAX is up 42% in the last 24 hours, at $33.22 in early-morning trading NY time, according to CoinGecko data. Curve has also deployed to Polygon as well as Fantom, which could bolster market share and trading fees.
👉READ THE FULL STORY IN THE DEFIANT.IO 👈
SPONSORED POST
Molly Wintermute Releases Hegic V8888: 0% Trading Fees and Gas Fee-Free Options Trading
Hegic V8888 is live in mainnet:
https://www.hegic.co/
Hegic is an on-chain peer-to-pool options trading protocol built on Ethereum. With Hegic, DeFi and crypto users can trade 24/7 American, cash-settled, on-chain ETH and WBTC call / put options with no KYC or registration required for trading.
Hegic was founded 1.5 years ago in February, 2020. Hegic V888 (the previous version) was live for 10 months. The results achieved by V888:
● $492,075,000 total volume
● $22M record daily volume
● 6,450 options traded
● 2,825 unique users
● $10,415,000 earned by HEGIC staking lots holders
Introducing Hegic V8888
Trading Options on Hegic V8888
● 0% trading fees: pay only a premium
● 100% gas fee-free options trading
● The lowest prices for ETH and WBTC call / put options
● Auto-exercising of in-the-money options
● Tokenized options for trading on the secondary market
● 90 days is the new maximum period of holding options
Earning Yield on Hegic V8888
● Zero-loss options selling pools with auto-hedging
● x2 higher capital efficiency with flexible collateralization
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● Real-time data on pools APY and P&L per each option sold
Use Hegic now:
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Video
📺 First Look: How to lend and borrow NFTs with reNFT
Links
🔗 On-chain Cryptopunks: Larva Labs
When we created the Cryptopunks in 2017, we linked the composite images of all the punks to the smart contract by storing a cryptographic hash of the image in the Cryptopunks contract. This way, it was clear that the contract pertained to that image, and that image only.
🔗 Darknet crypto mixer operator pleads guilty to laundering $300M in BTC: CoinTelegraph
Ohio man, Larry Dean Harmon, has pleaded guilty to laundering more than $300 million while operating the Darknet-based Bitcoin mixing service, Helix.
🔗 Coinbase Names Mitsubishi UFJ as Banking Partner in Exchange’s Japanese Expansion: CoinDesk
U.S. cryptocurrency exchange Coinbase is partnering with one of Japan’s largest banks to launch Coinbase Japan as part of a larger effort to expand worldwide.
🔗 Crypto grows from 2% to 41% of Robinhood's total revenue in past year: The Block
Robinhood's second-quarter earnings show crypto has become the driving force of growth in the investment app's revenue.
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🧑💻 ✍️ Stories in this newsletter were written by Brady Dale, Owen Fernau and Juan Pellicer, and edited by Camila Russo, Bailey Reutzel and Edward Robinson. Videos were produced by Robin Schmidt and Alp Gasimov. Podcast was led by Camila, edited by Alp.
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