headlines
According to Huobi Global market, BTC began to fall sharply at around 9:26 this morning, falling below 10,000 USDT at one point, with a minimum of 9,921.73 USDT; it is now at 10,299 USDT, an intraday drop of 4.63%. (Data source: BitUniverse)
digital currency
The trading volume of DEX in August reached 6% of the trading volume of centralized exchanges
The trading volume of DEX in August reached 6% of the trading volume of centralized exchanges
The previous incentive testnet program was successfully concluded on August 26. During 2 months of testing, the testnet plans to have 600+ participants, 400+ validators, and 3 rounds of progressively difficult testing. The Stafi Foundation will create 6 nodes when the mainnet is launched to maintain the stability and security of the network in the first era. In the first era, community validators can register as validators. Those who successfully register can participate in the second era of the Stafi network.
Polkadot ecological project Stafi Protocol will launch the mainnet on September 7
On September 3, the Polkadot ecological project Stafi Protocol announced that the mainnet will be officially launched at 8:00 pm on September 7, Beijing time (12:00 noon on September 7, UTC time).
The previous incentive testnet program was successfully concluded on August 26. During 2 months of testing, the testnet plans to have 600+ participants, 400+ validators, and 3 rounds of progressively difficult testing. The Stafi Foundation will create 6 nodes when the mainnet is launched to maintain the stability and security of the network in the first era. In the first era, community validators can register as validators. Those who successfully register can participate in the second era of the Stafi network.
The initial validator group will consist of 60 nodes, which may expand to 200 later. The block time is 6 seconds/block. The inflation rate of FIS in the first year will be 10% to incentivize the first generation of staking users and nodes. The ideal betting ratio is 75%. Nominators (confirmers) will benefit from inflation. However, unlocking nominations will take 14 days.
DeFi Lending Protocol bZx Announces Restart of Fulcrum Platform
DeFi Lending Protocol bZx Announces Restart of Fulcrum Platform
On September 3, the DeFi lending agreement bZx platform officially announced that co-founder Kyle Kistner announced in an article that the bZx loan and margin trading platform Fulcrum has been restarted. In early February, due to the attack on bZx, Fulcrum announced that it was shutting down for maintenance. FulcrumKyle Kistner wrote that in six months, the bZx team has done a lot of work. Including a 12-week human manual review from Peckshield, and a 7-week review from Certik. The bZx team refactored, refined and improved the protocol from the ground up. Fulcrum 2.0 is simpler and more than twice as efficient in gas.
Pearl.finance Development Team TronFi Launches Decentralized Exchange SalmonSwap
Pearl.finance Development Team TronFi Launches Decentralized Exchange SalmonSwap
TronFi, the development team of Pearl.finance, a Tron version of the YAM project, announced the launch of the decentralized exchange SalmonSwap, which aims to balance the short-term and long-term interests of liquidity providers and the community by providing lasting returns to liquidity providers, even if they are withdrawn from liquidity. The pledged tokens are withdrawn from the pool.
The privacy infrastructure NuCypher launched WorkLock at 8:00 on September 1. In less than 48 hours after the launch, more than 28,000 Ethereum (including the number that has not yet been hosted on the chain by CoinList) participated in the pledge, with a value of more than $12 million.
Blockchain industry
DeFi risk management startup Cozy Finance raises $2 million, led by Electric Capital
Investment and Financing
DeFi risk management startup Cozy Finance raises $2 million, led by Electric Capital
Jump Trading Invests in FTX's Serum DEX and Provides Liquidity
Jump Trading Invests in FTX's Serum DEX and Provides Liquidity
FTX founder Sam Bankman-Fried announced that Jump Trading, one of Chicago's well-known high-frequency trading companies, is supporting FTX's recently launched DEX Serum and will provide Serum with liquidity. In addition, he revealed that Jump Trading has also invested a “significant amount” of money in Serum.
JRR Capital strategically invests in Farmland Protocol, a cross-chain DeFi aggregation platform
JRR Capital strategically invests in Farmland Protocol, a cross-chain DeFi aggregation platform
JRR Capital announced a strategic investment in Farmland Protocol, a cross-chain DeFi aggregation platform. It is understood that Farmland Protocol is a cross-chain DeFi aggregation platform that adopts the consensus of the proof-of-stake mechanism, a protocol group that helps holders of public chain assets obtain DeFi farming benefits. Farmland integrates the most popular cross-chain protocols at present, and develops new cross-chain protocols and community governance models on this basis to generate cross-chain assets such as farmBTC and farmEOS. The Farmland team comes from prestigious schools such as Johns Hopkins.
Decentralized exchange DEX DAOfi completes $6 million private placement round of financing
Decentralized exchange DEX DAOfi completes $6 million private placement round of financing
According to previous news, Andrew Lee launched a professional network social organization called Karma DAO in July this year. Karma DAO will exist in the form of a private chat group on Telegram.
global policy
Jiangsu's regional equity market is the first to connect to the blockchain supervised by the China Securities Regulatory Commission
The Swiss canton of Zug will begin allowing citizens to pay taxes in bitcoin and ethereum as digital currency acceptance continues to grow. "Both companies and individuals can settle taxes in cryptocurrencies up to a maximum amount of 100,000 Swiss francs (about 109,700 U.S. dollars)," the local government said in a statement today. Bitcoin brokerage Bitcoin Suisse AG, which will convert the bitcoins into Swiss francs and transfer them to the canton. (Bloomberg)
Character·Voice
Bank of England Governor: Bank of England is considering issuing central bank digital currency
