Block Weekly: Mining on Binance Smart Chain is booming; the number of Ethereum addresses exceeds 46 million

According to data from intotheblock on September 9, the number of Ethereum addresses with balances has reached 46 million, which means that in the past nine months, the number of Ethereum addresses on the entire network has increased by 12 million. At the same time, 67.3% of the entire network, or about 31 million Ethereum addresses, are in a profitable state.

2. Gavin Wood: Polkadot network successfully transferred assets between chains for the first time

On September 13, Gavin Wood, the founder of Polkadot, stated on Twitter that by using the new XCM format, standard, and protocol, the inter-chain asset transfer has been successfully carried out on the Polkadot network for the first time.

3. MOV released the superconducting protocol governance token SUP, with a total amount of 100,000. The team has no pre-mining, no reservation, and no private placement

On September 14th, the decentralized cross-chain value exchange protocol MOV officially released the superconducting protocol governance token SUP. SUP will have governance rights for MOV superconductors. The total amount of SUP is 100,000 pieces, which are completely distributed to the liquidity providers in MOV superconducting in a decentralized manner. The team has no pre-mining, no reservation, and no private placement. The distribution is expected to be completed in one month.

From September 17th, MOV will open 7 large liquidity pools of BTC/BTM, ETH/BTM, BTC/ETH, USDT/USDC, USDT/DAI, USDC/DAI and SUP/BTM. One week later, 20% of the service fee of the Superconducting Protocol will be used to repurchase SUP and destroy it

1. Demystify the expansion of the new "DeFi gangster" FTX and the organization behind it, Alameda (click on the picture to go directly)

As the tide of decentralized finance (DeFi) hits, the market maker Alameda Research led by legendary trader Sam Bankman-Fried and the centralized exchange FTX are in the center of the vortex of DeFi focus events, leading this wave and cannot be ignored the power of. This article takes you through this new DeFi gangster.

2. YFI with 10,000 times in 43 days: Its core business tells you how to play in the second half of DeFi (click on the picture to go directly)

YFI's successful distribution model has triggered the imitation and pursuit of this method by many subsequent projects. Such as YAM, Sushiswap, Swerve, etc. However, the distribution model is only half of YFI, and the other half of YFI, that is, its core business, is the core pillar that supports its token price from 30,000 times to 30,000 US dollars. Understand these Business, you can know how to play the "second half" of DeFi.

3. Comparison of three stablecoin models: Maker, ForTube, and Lien (click on the picture to go directly)

Decentralized stablecoins have always been unstable, even the largest decentralized stablecoin DAI. DAI cannot be said to be very stable in terms of stability. What other decentralized stablecoin models are there? This article compares three decentralized stablecoin models in order to find a better stablecoin model.

1. The anonymous founder of SushiSwap returned $14 million to the community, and SUSHI cut production by 90% as planned

The SUSHI series continued this week. After the migration was completed on September 10, the anonymous founder of SushiSwap chose to return the $14 million in Ethereum obtained from the sale of tokens to the community on the evening of September 11, and said that he would continue to participate in project governance and develop. Then on September 12, SushiSwap distributed 2 million SUSHI airdrop rewards, and the rewards were for users who did not withdraw their liquidity during the migration period.

Then on September 14th, SUSHI completed the production reduction, the reward for each block was reduced from 1,000 to 100, and the output was reduced by 90%. At the same time, the community initiated a proposal to use the returned funds to repurchase SUSHI. Once passed, the repurchase operation will be carried out.

2. Binance Smart Chain’s first mining project, BurgerSwap, started mining and the response was overwhelming

On September 12, BurgerSwap, the first mining project developed by the community, launched on Binance Smart Chain and started liquidity mining. The market responded enthusiastically and the participating funds continued to grow.

3. The Binance Smart Chain Spartan Protocol started burning and distributing, and 130,000 BNB have been destroyed

On August 29, Spartan Protocol, the first liquidity incentive agreement on Binance Smart Chain, was launched. The main products include SpartanSynths and SpartanLending.

The former is a synthetic asset platform, and the latter is a lending platform. Its initial token distribution is the destruction distribution, and a total of 100 million tokens are distributed. Users can enter tokens into the black hole address to obtain tokens at a fixed price. Currently, 5 types of assets are supported for destruction and distribution, among which the amount of BNB destruction has reached the upper limit, and a total of 130,000 BNBs have been destroyed. Subsequent support for destruction of assets is still increasing, and a total of 30 types of assets will be supported for destruction and distribution.

In addition, Diginex has previously launched a digital asset exchange, EQUOS.io. The exchange is expected to become the first listed digital asset exchange in the United States through a "backdoor listing".

BarnBridge is a cross-platform hierarchical derivatives protocol that uses fixed yields and volatility to tokenize product risk in batches, and its native token is BOND. The project plans to launch a fixed-rate and floating-rate product "Smart Income Bond" based on Ethereum and guaranteed by DeFi income, and a derivative "Smart Alpha Bond" that can hedge against market price fluctuations of any ERC20 token.