DJED Coming to Mainnet
DJED is launching this week. They have updated fees and set minimum mint and burn amounts. Be sure to check out the latest medium article to stay up to date.
Liqwid Finance Launching
Liqwid Finance is launching this week. I’ll be making a video on how to use the platform later this week but if you want to know about how the 6x yield works you can check out this video.
TeddySwap FISO Details
Details have been provided for the upcoming TeddySwap Fair Initial Stakepool Offering. Key points:
Starts Feb 4th, 2023
Lasts 2 months
Rewards divided by point system
Pools Announced Monday
NFTs will be sold for bonus
SundaeSwap Going Multi-Chain?
This image popped up on my Twitter feed. Is SundaeSwap planning on going multi-chain?
$handle Double Mint Issue
ADA handle had an issue with a double mint during the node outage last week. They have implemented new updates to prevent this from happening again and the double has been removed from circulation. More details below.
anetaBTC Public Testnet
Bitcoin wrapping protocol anetaBTC has launched their testnet on Ergo. Hopefully Cardano testnet is launching soon.
Cardano Node Issue Resolved
An update has been released for the Cardano node issue that happened last week. They said details of the issue will be released sometime this week. They are trying to get everyone to update their nodes first.
VyFinance CMO Resigns
The CMO/Co-founder of Vyfinance has stepped down. Jack Kochen announced this on January 24th. What this means for the project I’m not sure but it is concerning.
This week we have seen some large increases from LQ, MIN, and HOSKY. LQ is up 11.47% on the news of mainnet launch. Minswap had some large whale buys but no new news.
Double digit decreases this week for MELD, INDY and VYFI. INDY will continue to have sell pressure as rewards are given for providing collateral. MELD has a token unlock happening in February so I expect more sell pressure in the future. VYFI just lost their CMO so could be a selloff by investors.
New Video On Stablecoins
If you want some info on stablecoins I released a new video on the Cardano RealFi Youtube Channel.
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