IOSG: We compared the most popular NFT blockchain artwork platforms, and the data is impressive
Editor's Note: This article comes fromIOSG（ID： IOSGVC）, reprinted by Odaily with authorization.
Part.1 Insight
, reprinted by Odaily with authorization. image description Source: DeFi Pulse text text In the previous DeFi world, protocols can interact freely and at low cost, which is a great advantage over CeFi. But now the entire Ethereum network is congested due to liquidity mining, resulting in extremely high and unstable gas fees (at least 10-20 US dollars for a single transaction). Not to mention that there may be bubbles in DeFi now, even if it is sustainable, we believe that the product richness, design, function, and user-friendliness of decentralized derivatives exchanges at this stage are not enough to retain users. Therefore, it is too early to say that it is the spring of decentralized derivatives exchanges. We expect to see that the project side will focus more on the simplification of the use process, the update and iteration of expansion, and the degree of product innovation in the future. While centralizing the security advantages of derivatives exchanges, it complements its own disadvantages and creates a strong core competitiveness. secondary title * DeFi Part.2 Industry Pulse IOSG VC: UMA will launch a liquidation reward event on July 31, which will provide on-chain profit opportunities for liquidation robotsPart.2 Industry Pulse
UMA announced that it will launch the Liquidation Opportunity Program on July 31, at which time Risk Labs will establish an undercollateralized position, creating an on-chain profit opportunity of about $1,000 for any liquidation robot. In addition, Risk Labs will provide UMA token rewards to users who provide yUSD (Yield Dollar) liquidity in the yUSD / USDC fund pool on Balancer.
UMA's yUSD (Yield Dollar) is actually inspired by Yield Protocol, a project that appeared in September 2019 (the white paper was written by Paradigm analyst Dan Robinson and Yield project CEO Allan Niemerg), yUSD is just a special form of yielding US dollar tokens . Yield Dollars look similar to stablecoins, but with some important differences:
Expiration mode (perpetual mode is under development)
As the expiry date approaches, its price will approach $1
At maturity, $1 of collateralized assets can be redeemed on the exact maturity date
* grant
Taken together, this yield dollar represents a fixed-rate, term loan
Balancer Labs Launches First Ecosystem Fund Grant Proposals, Granted with 100,000 BAL Tokens
* DeFi
Balancer Labs launched the first batch of ecosystem fund grant proposals, which will distribute 100,000 BAL tokens to multiple projects and teams that develop and contribute based on Balancer. The scale of future funding may be smaller, about 50,000 BAL tokens.
The decentralized protocol dForce announced that following the decentralized synthetic stablecoin USDx, it will launch the second core asset protocol, Yield Markets. The interest-bearing market will be the first to support USDx, GOLDx, USDT, USDC, and DAI. Users who deposit tokens into the interest-earning market will automatically get corresponding dTokens (for example, depositing USDT will get dUSDT), and each dToken represents the underlying reserve token and its corresponding income rights. The funds deposited by users in the interest-earning market will be allocated to different DeFi markets (including lending agreements, mixed lending pools, high-yield asset pools, etc.) to obtain the highest risk-adjusted interest.
* Oracle
Aave will launch a liquidity pool in Bancor V2
IOSG VC:
Only the tokens with existing reliable oracle will be able to join Bancor v2. Namely, Bancor v2 relies on ChainLink oracle to automatically adjust the weights of assets in the pool, to protectc liquidity providers from impermanent loss. Likewise, doing so it allows traders 100% exposure to a single asset. If proven successful, Bancor v2 AMM will become leading AMM provider. It started operation on July 30 by providing trading for LINK.
* Oracle
* NFT
Aave announced the integration of Bancor, which will launch the liquidity pool of the native token LEND in the latter's upcoming V2 version. Once live, the new Bancor V2 pool will allow LEND holders to provide liquidity and earn a portion of the transaction fees generated in that liquidity pool, while maintaining 100% exposure to LEND tokens. Aave also released a governance token economic model, and will launch a new token AAVE to replace the native token LEND. The main points are as follows: 1. Aave’s native token LEND will be migrated (merged) to the new token AAVE at a ratio of 100:1
Data: The total number of users of OpenSea, an NFT trading market, has exceeded 20,000, and the average monthly transaction volume this year has exceeded 1 million US dollars
Messari, a cryptocurrency data analysis platform, wrote that in July, the total number of users of OpenSea, an NFT trading market, exceeded 20,000.
Hong Kong blockchain service company Diginex launches digital asset exchange EQUOS.io before Q3 "backdoor listing"
* Digital asset exchange
Diginex pointed out that the merger and acquisition transaction with Nasdaq-listed company 8i Enterprises Acquisition Corp. is expected to be completed in the third quarter of 2020, and EQUOS.io is expected to become the first listed digital asset exchange in the United States through "backdoor listing".
The total circulation of Bitcoin-anchored coins on the Ethereum chain exceeded 20,000, an increase of nearly 70% this month
* Ethereum
According to Debank data, as of now, the total circulation of Bitcoin-anchored coins on the Ethereum chain has exceeded 20,000, and the total lock-up amount is close to 220 million US dollars. A total of 20,086 Bitcoin-anchored coins have been issued, an increase of nearly 70%.
Michael Egorov, founder of Curve.finance, said in an interview with Cointelegram CEO Anna Tutova that the preparations for the issuance of the Curve project’s native token CRV are almost complete, and CRV will meet with you soon. Michael Egorov said that CRV will be a governance token that needs to be locked when voting. At the same time, this will be a highly flexible system. Tokens can be used not only for liquidity mining, but also for incentivizing any ecologically beneficial behavior recognized by Curve DAO (Decentralized Autonomous Organization).
Part.3 Investment and financing events
secondary title
Part.3 Investment and financing events
CoinEx Establishes USD 50 Million Ecological Expansion Fund, OneSwap is the First Investment Project
* Transaction agreement
CoinEx, a subsidiary of Weibit Group, announced the establishment of a US$50 million ecological expansion fund, and its first investment project is the decentralized exchange agreement OneSwap.
Grayscale's assets under management hit a record high of $5.1 billion
* Asset management scale
Crypto asset management firm Grayscale Investments' AUM has now surpassed $5.1 billion, an all-time high. Among them, the asset management scale of Bitcoin Trust is US$4.31 billion, that of Ethereum Trust is US$581.7 million, and that of Ethereum Classic Trust is US$80.4 million.
Cross-border remittance company TransferWise completes $319 million in financing, with a post-money valuation of $5 billion
IOSG VC：
* money transfer
TransferWise, a British financial technology company that provides cross-border remittance services, has completed financing of US$319 million. After the financing, the company's valuation will reach US$5 billion. The round was led by new investor D1 Capital Partners and existing investor Lone Pine Capital.
TransferWise started from providing more favorable foreign exchange remittances than traditional financial institutions, and now further provides multi-currency savings accounts and Debit Cards that directly compete with banks, and has entered a wider financial market (https://transferwise.com/sg/borderless/ ).
KeeperDAO Closes Seed Round with Polychain Capital and Three Arrows Capital Participating
