š Liquity Breaks DeFi Doldrums With āChicken Bondsā Offering
š Liquity Breaks DeFi Doldrums With āChicken Bondsā Offering
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News
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Podcast
š Starkware Founders: Ethereum Could Surpass Visa's Transaction Speeds Within Months
Elsewhere
Despite call for Congress to act, new crypto laws look unlikely this year: The Block
@arbitrum's new CMO tells us why and how he left Amazon to pursue a career in #web3: Arbitrum
Trending in The Defiant
The open economy is taking over the old one. Subscribe to keep up with this revolution. Click here to pay with DAI (for $100/yr) or sub with fiat by clicking on the button below ($15/mo, $150/yr).
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Ref Finance: Largest DEX on NEAR. DeFi Hub of NEAR. The DEX connecting across many chains. Efficient liquidity to users. Accumulative trading volume $4.7B+.
DeFi Offerings
š Liquity Breaks DeFi Doldrums With āChicken Bondsā Offering
New Mechanism Quickly Amasses More than $5M in Deposits
By Owen Fernau
BEAR Itās been some time since DeFi users have been able to work with a new type of offering. Thank the bear market for that.Ā
BONDS Yet on Oct. 4 there was an exception ā Chicken Bonds, launched by Liquity, a collateralized debt position protocol with a market cap of $176M. Since then, Chicken Bonds have acquired $5.5M in LUSD, Liquityās stablecoin, according to a Dune Analytics query.
šREAD THE FULL STORY IN THE DEFIANT.IOš
NFT Sales
š©š½āāļø Three Arrowsā Prized NFT Collection Heads For The Block
Starry Night Transfers NFTs To Liquidator
By Aleksandar Gilbert Ā
NEWS Starry Night Capital, a subsidiary of bankrupt crypto hedge fund Three Arrows Capital, is moving its cherished NFT collection to Teneo, Three Arrowsā court-appointed liquidator.Ā
šREAD THE FULL STORY IN THE DEFIANT.IOš
Ethereum
š Dwindling Ethereum Revenue Pressures Staking Yield
Blockchain Generated $200M In The Third Quarter: Report
By: Aleksandar Gilbert Ā Ā 4 hours ago
YIELDS Ethereum revenue āfell off a cliffā in the third quarter of 2022, squeezing staking yields in the process, according to a recent report from crypto research firm Messari.
šREAD THE FULL STORY IN THE DEFIANT.IOš
Sponsored Post
AMCās The Walking Dead Signature 3D Avatars Minting on 10/5
The Walking Dead series may be coming to an end, but the Dead continue to live on in Web3. After two public sell outs of their NFT collections, Orange Comet will be releasing their Metaverse-ready, 3D hand-sculpted avatars of some of the favorite characters from the TV series. On October 5, two 5K piece mints (one public, one passholder only) will go on sale.
The Avatars feature fan-favorites Rick, Daryl, Michonne (with her pets), Carol, Mercer and more. These high-quality digital collectibles are one of the required NFTs needed to activate the gamification of the upcoming āThe Walking Dead Landsā metaverse; a post-apocalyptic open-world build-and-earn experience.
The cost for the public mint will be $80, priced in ETH immediately before the mint, and if youāre a Walker Access passholder, there will be an additional 0.02 ETH discount. So even if your favorite show may be ending, get your wallets ready so you can stay connected to the TWD community.
Podcast Video
ššŗ Ethereum can surpass Visa's transaction speed within months
Shoutout
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With Galxe, users can explore Web3 in learn-to-earn campaigns with over 700 partners.Ā On the other hand, builders have the opportunity to create growth campaigns on a seamless, plug-in-play dashboard.Ā Introducing Galxe Passport the one-click solution to verifying Web3 identities.
Elsewhere
š The Devcon VI Manual: Ethereum Foundation
This is your Devcon VI Manual, and it includes everything you need to know about Devcon, the surroundings and more.
š Despite call for Congress to act, new crypto laws look unlikely this year: The Block
Cryptocurrency advocates and regulators can agree on one thing: Congress should pass new laws for crypto.Ā
Trending in The Defiant
BNB Chain Slips as No. 1 Ethereum-Compatible Chain: Report Binanceās BNB Chain is losing its edge as the worldās most-used Ethereum-compatible blockchain. Daily transactions on BNB Chain still dwarf those on Ethereum, the worldās preeminent smart contract platform, but the gap has steadily narrowed over the past several months.
DeFi Lender Euler Finance Accepts USDT as Collateral Skepticism about whether USDT is fully backed by reserve assets has been around since 2017. Despite this, cryptoās largest dollar-pegged stablecoin, with a $68B market capitalization, has continued to make inroads into DeFi.
What are Gas Fees? For a system to be decentralized, it must be self-funded. In other words, there is no need for outside money to make it work. Self-funding must be incentivized to be effective.
š§āš» āļø Stories in The Defiant are written by Owen Fernau, Aleksandar Gilbert, Samuel Haig, and yyctrader, and edited by Edward Robinson, yyctrader and Camila Russo.Ā Videos were produced by Alp Gasimov. Podcast was led by Camila, edited by Alp.
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š Defiant Premium Story for Paid Subscribers
š GMX Soars 17% After Twin Listing on FTX and Binance
Decentralized Perpetual Exchange Outperforms Market and Rivals in Third Quarter
By Tarang Khaitan Ā
GMX has emerged as that rare thing in crypto these days ā a high flyer posting double-digit returns.The decentralized perpetual exchange may have Binance and FTX to thank for the performance.
The two giant exchanges listed the token this week, and FTX executed a two week promotion to support the token.Ā
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