| dForce started liquidity mining; nearly $100 million in Bitcoin was transferred to Ethereum in July

headlines
dForce launches liquidity mining
At 22:00 on August 3, 2020, Beijing time, the decentralized financial platform dForce started DF liquidity mining. dForce plans to introduce incentive schemes for different protocol combinations in different stages. Liquidity mining is still in the experimental stage, and dForce is still summing up experience and exploring the optimal incentive scheme.
The detailed plan of mining incentives is as follows: mining incentives will provide liquidity on Uniswap for minted eligible assets, and pledge through the mining system (built on the basis of the most widely used Synthetix pledge module at present). Currently, dForce has opened three mining pools. Champagne Tower Pool (Pool No. 1) supports dToken; Gold Rush Pool (Pool No. 2) encourages GOLDx/USDx liquidity; Singularity Pool (Pool No. 3) encourages DF/USDx liquidity. (dForce Network)
digital currency
The Ethereum Foundation is building a security team for ETH 2.0
The Ethereum Foundation is building a security team for ETH 2.0
Report: The total transaction volume of the Ethereum network in the past five years is close to 1 trillion US dollars
Polkadot ecological project Edgeware plans to support the Ethereum virtual machine this year
Polkadot ecological project Edgeware plans to support the Ethereum virtual machine this year
FTX COO: Serum will carry out IEO, holding FTT will get SRM airdrop
"Chengfang Financial Technology", a financial technology company under the central bank, was formally established
Data: Nearly $100M in Bitcoin Moved to Ethereum in July
According to statistics, in July this year, driven by retail traders, nearly $100 million of Bitcoin was transferred to Ethereum, and the total supply of tokenized Bitcoin increased by about $96 million that month, an increase of more than 70%. Over 20,000 BTC (worth around $225 million) have now been tokenized and used in Ethereum-based protocols. Among them, WBTC reached 15,500, accounting for more than 76%; followed by renBTC (2,068). (CoinDesk)
Blockchain industry
"Chengfang Financial Technology", a financial technology company under the central bank, was formally established
Microsoft launched Spartan, the first zkSNARK technology solution that does not require trusted settings
secondary title
Investment and Financing
Blockchain game Infinite Fleet raised $3.1 million, led by Qiwei Li, Adam Back and others
Blockchain game Infinite Fleet raised $3.1 million, led by Qiwei Li, Adam Back and others
It is reported that Pixelmatic was founded by CEO Samson Mow, who is also the chief strategy officer of Bitcoin infrastructure company Blockstream. The company’s token is expected to go public in September through securities tokenization platform Liquid Securities (still in development) in partnership with digital marketplace STOKR. (CoinDesk)
global policy
The central bank: Actively and steadily promote the research and development of legal digital currency
On August 3, the People's Bank of China held a video conference on work in the second half of 2020 to summarize the work in the first half of the year, analyze the economic and financial situation, and make deployments for key tasks in the second half of the year. The meeting mentioned that the closed pilot of legal digital currency was successfully launched. Financial support for the Hainan Free Trade Port, the Guangdong-Hong Kong-Macao Greater Bay Area, and the construction of Shanghai International Financial Center have achieved positive results in major national regional development strategies.
Japan 2021 tax reform petition: 20% declaration tax on cryptocurrency trading profits
Japan 2021 tax reform petition: 20% declaration tax on cryptocurrency trading profits
In December 2017, within one month, users paid 19,107 BTC fees (about 2 billion yuan) to the miners;
Character·Voice
Jiang Zhuoer said on Weibo on August 3:
When the last round of the bull market was hot, the average BTC transaction fee was one or two hundred yuan, and there were many people who paid a transaction fee of several thousand yuan;
In December 2017, within one month, users paid 19,107 BTC fees (about 2 billion yuan) to the miners;
This round of bull market has just started, and the daily transaction fee has reached 180 BTC, which is 5400 BTC a month. Prepare to watch the average BTC transaction fee of one to two thousand yuan, and the peak transaction fee of tens of thousands of yuan. The miners take the butcher knife carefully crafted by Core, and strive to collect 20 billion yuan in handling fees from BTC users a month.
Three Arrows Capital CEO: "Being bullish on stablecoins, not Ethereum" is a weird investment strategy


