MuesliSwap Yield Farm Opportunities
MuesliSwap has introduced new farm and concentrated liquidity pool for DJED/iUSD. Might be worth taking a look if you are providing liquidity for those already.
Aada New Assets
DJED, SHEN, iBTC, CLAY, and AGIX have all been added as borrowable assets on Aada Finance. You can also use DJED and SHEN as collateral.
New NFT Marketplaces
If you have been following the Opensea vs Blur drama on Ethereum, now is a good time to look into Plutus Art on Cardano. They are the newest NFT marketplace to enter the ring and compete against jpg store. There will be a chance to get their platform token in the future for those that use the platform (unless you are in the US or certain parts of Canada).
NEWM Rewards
NEWM, the music streaming marketplace, will be distributing rewards on dripdropz. This is a chance for those interested in the platform to get some tokens for the platform. Full details here.
Must be staked with any Cardano stake pool
Minimum 500 ADA to receive full 5 $ƝEWM
Starts Epoch 395
Teddyswap NFT Sale Paused
The Teddy Bears Club NFT sale was paused after only 785 were minted. Based on the community sentiment, many believe the price was too high for the utility included with the NFT. We haven’t seen DeFi utility NFTs perform well yet in the NFT space.
If you did participate in round 1 of the sale you will earn additional rewards.
Summon Testnet
If you are part of a DAO or developing one be sure to check out Summon Platform. They are now on testnet and you can try out their multisig feature and more.
SundaeSwap Yoroi dApp Connector Issue
For those that were having issues claiming their SUNDAE rewards from the FISO with Yoroi, you should be able to claim them now. SundaeSwap worked with Emurgo to resolve the issue. You can learn more about it here.
AGIX has become the top token on Cardano by Total Mcap. The AI narrative was strong the last few months but looks like AGIX (-6.51%) and NTX (-15.54%) are down this week.
WMT in the #2 spot down 5.94% this week.
LQ, MELD, and SUNDAE up with single digit increases and MIN and VYFI up double digits this week. VyFi has been teasing their testent for the VyFi Bar so we may get more news on that this week. DeFi in general is continuing to climb but we saw a 17.81% decline for INDY which could be due to reward selloff or maybe vesting for team members.
That’s all for this week. Let me know if I missed any news or new projects upcoming on Cardano.