Ten Finance sold out all tokens available upon its launching within the first ten minutes on Tuesday. The launch, however, was not successful as the farm contracts could not access the minter function.
As more users adopt DeFi, network congestion will remain a problem not only on Ethereum but BSC as well. There are measures users can take to avoid loss of time during moments of network congestion on the Binance Smart Chain.
Founder and owner of both Swipe Wallet and Venus protocol have just hinted at a possible $XVS big burn in the history of the token burn via his Twitter handle. This could lead Venus token to another new ATH in the coming days.
The Crypto Doggies IDO is set to launch with BakerySwap on BSC, combining dog memes, crypto punks, and NFT collectibility. In total, 5 billion $DOGGY will be minted and can be exchanged for 10,000 different types of dog NFTs.
Automated market maker and yield-optimisation protocol Belt Finance launched its protocol with a very successful initial farm offering. In this article, we take a close look at the project’s $4Belt and beltTokens.
Wault Finance continues in its record-setting streak since the launch of its WaultSwap exchange platform. The yield aggregator and automated market maker (AMM) platform recently crossed the Total Value Locked (TVL) of $1 Billion.
OxBull has introduced another decentralized finance (DeFi) project to its blockchain incubator. The Binance Smart Chain-based startup will host meme platform CATECOIN in its 11th Initial DEX Offering (IDO).
The $ANY token, the currency of the Anyswap platform recently enjoyed a price upsurge of over 90% in the past week. The price upsurge may suggest that multi-chain swaps are gaining traction in the crypto space.
Autofarm has suggested that its users in Venus vaults withdraw their funds. This advice is part of Autofarm's recovery plans in the wake of severe complications its assets experienced in Venus Vaults, which affected the compounding of assets and withdrawal.
PancakeSwap AMM has created a number of syrup pools deployed by new contracts and is discontinuing existing pools. As part of the integration of these new contracts, PancakeSwap is requiring users to re-stake their tokens.
The latest hack on May 7th at 07:41:39 PM +UTC has drained 11M USD from the vSwap contract liquidity pools, making it the platform's third exploit. The ecosystem is threatened with this type of event becoming rampant in recent times.
Wault Finance has announced that 100% of WSwap's trading fees will move to buy back and burn WEX. Currently, the protocol will use approximately $32,000 to buy and burn WEX daily — 0.02% of the daily trading volume.
The market cap of Fantom ($FTM) has exceeded $2 billion with expectations of reaching its previous high of $0.8444 per $FTM any day. The Ethereum Virtual Machine (EVM)-compatible blockchain allows transactions to be completed in 1 second, meaning that it is a premier choice for developers. The question now is: will this growth be continued across other EVM projects?
On May 4th, BreederDODO announced the launch of DODO NFT. DODO NFT aims to help small investors and collectors in the NFT ecosystem overcome their inability to purchase their most desired items due to prohibitive prices. DODO NFT will fractionalize NFTs to reduce investor costs, meaning that NFTs will be available to a wider purchase base.
After a successful launch of its first-ever MVB accelerator program in February this year, the BSC has announced the start of the second edition. The focus of the MVB accelerator program is to help innovative NFTs and Defi projects.
PancakeSwaps deflationary mechanisms are in full swing. A tweet from the official PancakeSwap Twitter account on May 3rd stated that the exchange bought $7.8M of $CAKE back from the market in trading and prediction fees.
Refinable is a newly launched NFT marketplace on the Binance Smart Chain (BSC) network. They just recently announced its NFT competition calling all artists in the BSC space, tagged the Big Bang NFT competition.
WSwap users now have an easy option to create Liquidity Pools (LPs) and add them to the corresponding vault using Eleven Finance. Users can stake LP tokens in the Eleven Finance vaults and earn ELE for increased rewards.
Maintaining a daily volume of more than $1.6 billion coming 2nd to Uniswap $1.7 billion, the HECO-based multichain MDEX has surpassed BurgerSwap and PancakeSwap. The Binance Smart Chain (BSC) Network Dex is now taking over 23% of the market share.
Binance Smart Chain (BSC)-based Decentralized Finance platform, X-pool has announced the deployment of its Testnet. The deployment of the Testnet features is to aid in ensuring that the Mainnet is launched without any hitch. The launch date for its Mainnet will now be May 8, 2021.