Produced by Odaily

Author | Wang Ye

Editor | Hao Fangzhou

Produced by Odaily

According to incomplete statistics from Odaily, a total of 8 overseas blockchain financing incidents were announced last week. Among them, the encryption analysis company Chainalysis completed a $13 million B++ round of financing; the DeFi loan agreement Aave received a $4.5 million investment from ParaFi; and data protection platform HOPR completed a $1 million seed round of financing led by Binance Labs.

The following are overseas project progress and financing events:

Star Project Progress

The following are overseas project progress and financing events:

Star Project Progress

Compound Governance Proposal 016 passed with a very narrow margin

According to the data of the Compound voting system, the Compound governance proposal No. 016 was passed with a very slight advantage (533998 vs. 523974), and the WBTC mortgage coefficient has increased to 40%. Governance Proposal 016 was initiated by Alameda Research. The founder of the company, Sam Bankman Fried (also the founder and CEO of FTX), said: "I am very happy that Governance Proposal 016 can be passed, and I would like to thank all participants who supported this proposal. I think it will have It will help the diversified development of Compound and bring more practical protocols.”

It is reported that Alameda Research, a cryptocurrency market maker, has submitted Compound Governance Proposal No. 016, which aims to increase the mortgage coefficient of WBTC from 0% to 40%, allowing it to be used for lending other assets.

bZx announces BZRX address, tokens will be released on July 13

The DeFi lending protocol bZx tweeted that the address of its token BRZX has been confirmed as 0x56d811088235F11C8920698a204A5010a788f4b3, and is currently waiting to update the token Logo.

Previously, the bZx team decided to put the tokens allocated for crowdfunding into a 4-year lock-up contract, with a minimum validity period of 6 months. The BRZX tokens will be released at 10:00 U.S. Eastern Time on July 13th (Beijing time) At 22:00 on July 13th), BZRXv1 token holders will have one year to migrate their tokens to BZRX tokens. However, the team has not announced more information, including the trading platform where the token can be purchased and the price of the token.
Avalanche Protocol AVA said its technical partner Tokensoft was attacked, and the public sale was postponed to July 15

Avalanche protocol AVA officially stated on Twitter on the evening of July 8 that despite the implementation of protective measures, its technical partner Tokensoft was still under attack and had to stop the server. Therefore, the public offering plan originally scheduled for July 8th at 10:00 p.m. will be postponed until July 15th at 10:00 p.m.

It is reported that after the original public offering time started, AVA’s public offering page has been unable to be opened. The official said that there were a large number of participants and the server stopped running.

MakerDAO plans to deploy a new monetary policy tool "Anchored Stability Module" by the end of July

MakerDAO plans to deploy a new monetary policy tool "Anchored Stability Module" by the end of July

According to official news, the MakerDAO team discovered after research that the new monetary policy tool "Anchored Stability Module" can be adjusted and implemented directly based on the code of the "Sai -> Dai Upgrade Module". Given that the module has been tested for 6 months of actual operation, PSM can be technically implemented immediately. Therefore, it is planned to deploy the anchor and stability module before the end of July, and at the same time collect extensive suggestions from the community, including the initial amount, other risks Parameters, and continuously improve and perfect the function of the module.

• According to reports, the Peg Stabilization Module (Peg Stabilization Module) is a fixed-price currency swap agreement based on Dai, the purpose of which is to provide bilateral buffer protection for the price of Dai in the event of external shocks in the market. Under a certain total amount, users can mint stablecoins such as USDC 1:1 into new Dai. This part of the transferred USDC will be stored in the liquidity pool as a reserve asset, and any Dai in the market can also be exchanged for USDC in the liquidity pool at 1:1.

• The decentralized oracle network DOS Network Ethereum mainnet Caelus is officially launched

• The decentralized oracle network DOS Network Ethereum mainnet Caelus was officially launched. Features of the DOS Network mainnet include:

• Decentralization of the network

• Strong security, realizing verifiable random number engine oracle network and encrypted signature technology;

Real-time verifiable results;

High scalability and low cost;

Positive reward and punishment mechanism, honest nodes that complete data acquisition or computing tasks in the service network will be rewarded and motivated, and evil nodes will be punished.

In addition, DOS Network's web browser has also been launched.

Filecoin testnet incentive plan may be postponed for 1-2 weeks

Why, the core developer of Filecoin, said in the official Slack chat room in the early morning of July 11: "Many people sent me messages asking for more time before the incentivized testnet (incentivized testnet) goes online. Thoughts? Technically we could definitely use the extra time to test the code and make sure there aren't any glaring issues in the code. We've been pushing for a July 20th (go-live) date and might still be able to do it, but I Thought maybe a week (maybe two?) of delay and running another devnet would be best."

This means that the testnet incentive plan originally scheduled to be launched in early July may be postponed for a period of time, and the final launch time has not yet been determined. It is unclear whether the postponement of the incentive testnet will affect the final mainnet launch plan.

Kava has completed the main network v0.9.1 version software upgrade, and the newly added BNB mortgage amount has reached the system upper limit

Curve was included in the DeFi Pulse page ranking, ranking eighth with a TVL of $74.1 million

DeFi Pulse announced that Curve Finance, a decentralized stablecoin trading protocol, will be included in its page rankings. Currently, Curve ranks eighth with a total value of locked assets (TVL) of $74.1 million.

Synthetix Adds COMP, LEND, KNC and REN as the Underlying Assets of Binary Options Products

Synthetix Adds COMP, LEND, KNC and REN as the Underlying Assets of Binary Options Products

Synthetix, a synthetic asset platform, announced that it has added four underlying assets, COMP, LEND, KNC, and REN, to its binary options market, allowing traders to establish positions based on the judgment results of these asset prices. However, these assets cannot be used as synthetic assets.

According to previous news, Synthetix deployed the Acrux upgrade on June 30, and introduced binary options (SIP-53) functionality and outdated rate updates (SIP-48) in this version.

Odaily Note: Binary options can choose a variety of underlying assets for investment. Binary options contracts are similar to a simple question of whether to judge. You only need to judge the rising or falling direction of the price trend, and choose to buy call options or put options without considering the rise and fall How much is the magnitude.

Aave will launch a liquidity mining and token staking reward program, and launch a new token AAVE to replace Lend

Decentralized lending platform Aave has confirmed that it will launch a liquidity mining and token staking rewards program. Aave Chief Operating Officer Jordan Lazaro Gustave said: "We will soon announce a new token economic model, and the new economic model will include plans for liquidity rewards and Lend token staking rewards."

Since the token Lend issued by Aave is already in circulation, how to distribute new tokens to liquidity providers through liquidity mining is the core content of the new economic model design. Jordan Lazaro Gustave revealed that the platform will launch a new token AAVE, which will replace the currently issued token Lend through token swaps. The economic model designed for the new token AAVE will include mechanisms for liquidity rewards and token pledge rewards.

BlockFi may go public in the second half of 2021 and is currently recruiting a chief financial officer

According to previous news, in February this year, BlockFi completed a US$30 million Series B round of financing, led by Valar Ventures, the venture capital fund of the famous angel investor Peter Thiel, and participated by companies such as Morgan Creek Digital, Akuna Capital, CMT Digital, HashKey Capital and Castle Island Ventures. cast. The company said it is looking for new opportunities to expand its institutional lending business, retail brokerage business and new encrypted credit card business.

The company’s monthly revenue has doubled since its Series B round. BlockFi says it is on track to achieve $50 million in revenue next year. In addition to strong revenue growth, the company's client base is also expanding, and BlockFi is now eyeing expansion in Asia and other regions.

DeFi money market protocol DMM is creating a governance dashboard, and the foundation proposes to start DMG liquidity mining

The foundation of the DeFi money market protocol DMM proposes to add support for USDT in the DMM ecosystem, readjust the mToken debt ceiling, add a market for aircraft mortgage loans, and governance token DMG liquidity mining, etc. Among them, the DMM Foundation proposes to increase the total debt ceiling of the DMM ecosystem from $10 million to $20 million. In terms of liquidity mining, the foundation’s current thinking is that mToken holders can not only earn a stable 6.25% income from their deposits, but also get DMG by providing their liquidity to the DMM ecosystem. Additionally, DMM is creating a Governance Dashboard to enable DMG holders to use their tokens to vote on governance.

Reserve to fork its stablecoin RSV contract to support meta-trading on July 20

Reserve to fork its stablecoin RSV contract to support meta-trading on July 20

Please refer to the OdailyETH weekly report

The latest developments in ETH

Please refer to the OdailyETH weekly report

Recent progress of BTC

Please refer to OdailyBTC Weekly Report

Investment and financing overview

Please refer to OdailyBTC Weekly Report

Investment and financing overview

HOPR Raises $1 Million in Seed Round Led by Binance Labs

Privacy and data protection platform HOPR has completed a $1 million seed round of financing led by Binance Labs, with participation from Focus Labs, Spark Digital Capital, and Caballeros Capital. HOPR will then conduct a token sale, the exact date of which has not yet been announced. It is reported that this is the first investment by Binance Labs this year, and it is also the second time that Binance has supported the HOPR project.

According to previous news, in April 2019, Binance Labs announced that it would provide a total of US$45,000 in funding to three blockchain start-up projects, including the privacy protection communication protocol HOPR, the mobile wallet Ironbelly and the upgradeable chain wallet Kitsune. Be among the first members selected for the "Binance Labs Fellowship" program.

Decentralized Finance Protocol Radix Completes $4.1M Funding

Radix, a British start-up company dedicated to developing decentralized financial protocols, has completed a new round of financing of US$4.1 million. Investors are localglobe, a venture capital firm focused on seed rounds, and Taavet Hinrikus, co-founder of TransferWise.

Radix says it is building a decentralized financial protocol designed to "provide frictionless access, liquidity, and programmability to any asset in the world." The Radix team also claims they have overcome the scalability issues that typically plague decentralized finance and blockchain ledgers. In a public test of the Radix network last year, it claimed to have achieved more than 1 million transactions per second, a figure more than five times higher than NASDAQ’s peak.

DeFi lending protocol Aave receives $4.5 million investment from ParaFi

Silicon Valley DeFi venture capital firm ParaFi has invested $4.5 million in DeFi lending protocol Aave. ParaFi partner Santiago Roel Santos said, “We were initially attracted by Aave’s Flash Loans, which can solve the inefficiencies of the entire DeFi market and explore new use cases.” Stani Kulechov, founder and CEO of Aave ParaFi is currently one of the earliest and largest institutional investors in LEND (Aave's native token).

ZkSystems completes 3 million euros in seed round financing led by FinLab AG and EOS VC

ZkSystems, a German company with a scalable blockchain protocol customized for the Industrial Internet of Things, announced the completion of a seven-figure seed round (Business Insider reported that the specific figure was 3 million euros) financing, led by FinLab AG and EOS VC, Brandenburg Kapital, EnjoyVenture, and seed+speed participated in the investment.

Encryption analysis company Chainalysis completes $13 million B++ round of financing

Encryption analysis company Chainalysis announced the completion of a $13 million B+ round of financing, with Ribbit Capital and Sound Ventures as investors. At the same time, Chainalysis announced that Sigal Mandelker, the former U.S. Deputy Secretary of the Treasury and current general partner of Ribbit Capital, has joined the company's advisory board.

Cryptocurrency Market Maker Wintermute Completes $2.8M Series A Funding

Cryptocurrency market maker Wintermute has raised $2.8 million in Series A funding led by Silicon Valley venture capital firm Lightspeed Venture Partners, known for its early investments in social platform Snapchat. Wintermute will use the funds to expand its operations into the over-the-counter and derivatives markets.
Encrypted asset management company Wave Financial received six-figure investment from IOHK and plans to raise another US$10 million

Encrypted asset management company Wave Financial received six-figure investment from IOHK and plans to raise another US$10 million

IOHK's external spokeswoman Jenny Corlett confirmed the investment had closed, but declined to comment on the stake arrangement or plans for further investment in Wave.

Wave Financial said it plans to raise another $10 million from outside investors.