Author: dfmines

Decentralized financial ecosystem, Timechain announced the launch of new features to its decentralized exchange (DEX), this Monday, bringing the world of decentralized finance (DeFi) to its users. The new DeFi features include staking, liquidity pools, yield farming, and permissionless lending and borrowing. Additionally, users will be able to swap thousands of cryptocurrencies on multiple blockchains including assets on Binance Smart Chain, Ethereum, and Fantom ecosystems. Since the start of 2020, the DeFi ecosystem has soared exponentially in value as developers introduced new ways for users to make their capital work. In 2021, the industry further blossomed as Layer 1 scalability solutions such as Solana and Layer 2 solutions including Polygon, Fantom, and Avalanche were built on Etherum, reducing the gas costs and transaction times greatly. According to DeFi Pulse data, the total locked value (TVL) DeFi ecosystem has grown from $10.5 billion in January 2020 to a high of $112 billion in November 2021, representing almost 10X growth during the period. One of the leading applications of DeFi supporting the gargantuan growth is the rise of automated market makers, or AMMs. They allow investors and token holders to use their tokens to provide liquidity, earn returns and concurrently increase demand for the native token exchange. The latest upgrades on Timechain’s DEX are set to improve the efficiency of its AMM while offering an industry-spread aggregator to enable users to find the best and cheapest swapping routes across all integrated platforms. As mentioned above, the DEX also introduced AMM liquidity pools, staking functionalities, peer-to-peer lending & borrowing services, and yield farming. These services provide liquidity to the platform, support its native utility token, $TCS, and promote other tokens that wish to leverage its infrastructure. Timechain’s new liquidity pools will also offer users who stake on the platform rewards, paid out in $TCS, from the fees generated by trades on the platform. The base trading fee of 0.3% will be applied to each trade, with 0.2% returned to liquidity providers and 0.1% going to Timechain’s TCS Buyback program. To add liquidity to the liquidity pools, users will need to provide an equal value of the two tokens within the pair, for instance, on the TCS/FTM pool, you will need to provide 50% TCS and 50% FTM, of the value you have. You’ll then receive LP tokens that represent your share of the pool, These LP tokens then generate rewards, proportionally to the trade fees generated. Available liquidity pools at launch include TCS/FTM, TCS/USDC, TCS/DAI, FTM/USDC and FTM/DAI. Furthermore, these LP tokens can also be deposited on yield liquidity farms to earn additional rewards in $TCS.  The liquidity farms are designed to incentivize users to provide liquidity to TimechainSwap and offset the risk of impermanent loss. Users will be able to harvest their rewards at any time. Finally, with the DeFi ecosystem revolutionizing the finance industry, platforms in the industry are continuously innovating to give users the best possible rates and utility for providing liquidity. Timechain swap staking feature, will give users a way to stake their $TCS into the $TCS single asset staking pool (SSP) and earn $xTCS rewards over time. This means you will earn rewards by staking your rewards!

Non-Fungible Tokens (NFTs) have taken over the web3 space. Their popularity is second to none, as web3 enthusiasts have created an industry that has taken the world by storm. Use-cases have shifted from purely digital art marketplaces to certificates and even yield earnings. Digital art still dominates NFT uses. That will change. The Decentralized Finance (DeFi) space has figured out that NFTs have many product use-cases within the industry. NFTs get used as assets on several DeFi platforms. Before now, fungible tokens, stablecoins, and other digital assets reigned supreme. The entrée of NFTs has changed the game because of their unique nature. Here are a few yield-earning NFT platforms that will rock 2022 and beyond. Drops Offers Permissionless NFT Lending Pools And More Recently launched NFT lending pool Drops has taken things up a notch and created permissionless lending pools. The basic idea behind Drops is to allow DeFi token and NFT holders to gain access to liquidity rather than for NFTs to sit idly in user wallets. Different NFTs used for collateral range from collectibles, gaming NFTs to financial NFTs. The NFT space goes through illiquid phases because of sales pressure. It has led to bubble-like behavior in the NFT space that occurs periodically. As a result, many users get stuck with their NFTs without selling them at their desired timelines. Drops provides a way out for collectible and financial NFT owners by giving them access to permissionless yield pools where they offer their NFTs as collateral. The great thing about this feature is there is no approval process required for getting access to the loans. The Drop token (DOP) enables governance within the Drop’s Decentralized Autonomous Organization (DAO). Access to the pool yields occurs once users connect to the DApp. Izumi Finance Solves Issues With Uniswap’s V3 Finance NFTs Izumi Finance, the multi-protocol programmable liquidity finance “Liquidity as a Service” (LaaS) platform, enables DeFi users to deposit their Uniswap LP NFTs on the Izumi protocol. The Izumi Finance ecosystem enables liquidity mining from different chains and increases yield optimization. It allows users to increase the returns on their LP NFTs efficiently while allowing users the flexibility of earning on Uniswap v3. As the first protocol that supports Uniswap V3, Izumi Finance has taken the bull by the horns and created a new paradigm of operations for liquidity mining in the DeFi space. Izumi Finance deploys the use of its iZi tokens to improve marketplace efficiency. By connecting providers (DeFi projects) with liquidity providers, Izumi Finance enables an environment where the ordered distribution of yields is available to liquidity providers. This approach, for LP NFTs, has raised the bar and created a new perspective on liquidity mining. Izumi Finance takes things to a whole new level and solves the problem of impermanent loss. Uniswap V3 Allows Users to Stake LP NFTs Uniswap V3 launched last year, but with a twist. Rather than allow users to deploy their DeFi tokens to gain yields, LP NFTs get minted, and yields get earned on each minted NFT. Users deploy the LP NFTs to access pools available within the Uniswap V3 D’App. Although Uniswap V2 is still available, users piqued by the idea of having a yield-generating financial NFT have flocked to the platform and staked their Uniswap LP NFTs. As the cryptocurrency space increases in value and prices of Smart Contract capable blockchains like Ethereum rise, yields shall improve with efficient models gaining ground. Will Yield-Earning NFTs Gain Adoption in 2022 and Beyond? With a renewed interest in financial NFTs, many DeFi users wonder if yield-earning NFTs will become popular. Skeptics think these kinds of financial NFTs are complicated and present many problems. Because of the unique nature of NFTs, the DeFi space will see new NFT platforms that offer yield generation at fair or even increased rates. The rarity of each NFT determines the value generated and the potential yields. It shall become another niche product that produces higher yields as each unique circumstance governing every minted NFT determines the outcome yield-wise. The new products made possible by these platforms will spur further adoption of web3 technologies. It is one more plus for the industry. Image: Source

I know you people have the attention span of hamsters but lets keep things in perspective In the last 365 days Bitcoin is up 4.42% in that same span of time Amazon is down 15% https://preview.redd.it/h4mqz840pnd81.png?width=790&format=png&auto=webp&s=cb6fc7911039289e88ae93d513d72cf199c562a7 ​ ​ But I know what you're all thinking 365 days is a long time. How can you possibly…
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No badmouthing or anything of a sort but what do you know about the rumour that folks from Ether are selling it like hell at the moment? False or True? Anyone anything to share? Thanks submitted by /u/Digiff [link] [comments]

Robinhood is conducting a beta test of its new crypto wallets program. The 1,000 people at the top of their waitlist will receive access first. Then again, in March 2022, this will expand 10,000 individuals able to use these digital currency wallets at any given time before opening up registration for all remaining spots available. Last year, Robinhood planned to begin testing crypto wallets, with one goal being a broader rollout by 2022. Robinhood is connecting crypto holders with the blockchain ecosystem for the first time. They’re allowing people with cryptocurrencies like Ethereum, Bitcoin, and Litecoin in their accounts on Robinhood to freely move them between external wallets without any hassle or cost imposed by third parties like banks. Bitcoin is below $37K first time ever in 4 months | Source: BTCUSD at Tradingview.com In addition, they are also testing out some key features which will shape how we use these coins in general. If you don’t like something about it, just let them know – beta testers love feedback, so give yours today. The beta phase of Robinhood wallet follows months of “alpha phase” for development and testing. The company said, “Through our alpha program, we sought feedback from a tight-knit group of customers from our wallets waitlist.” Users on Robinhood can trade cryptocurrencies through the platform, but they cannot store, swap, or manage digital assets. A crypto wallet will now allow users to manage all their crypto holdings within the application. Robinhood Crypto Wallet Daily Limit Users can withdraw $2,999 per day in ten transactions. They also need to enable two-factor authentication. Some people call Robinhood the “Amazon of finance” for its disruptive business model and banking-like features. For example, the company offers commission-free stock trading and cash management accounts. However, not everyone is excited about this new app on their device because several regulators scrutinized them over the past year regarding ‘gamification‘ schemes that seemed too good possibly aren’t real. Featured image from Pixabay, chart from TradingView.com  

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A “digital-first” model is disrupting the fashion sector, as blockchain technology shows advanced capabilities in Web3 e-commerce and sustainability.

EIP-1967: Standard Proxy Storage Slots Follow the recording for an overview and the implementation of EIP-1967 in OpenZeppelin by guest speaker Hadrien Croubois on PEEPanEIP with EthereumCatHerders. Summary An overview What does ERC 1967 specify? Storage slots, events How to interpret these slots content? Implementing EIP-1967 Resources EIP-1967 – https://eips.ethereum.org/EIPS/eip-1967 Discussion – https://ethereum-magicians.org/t/eip-1967-standard-proxy-storage-slots/3185 Slides –…
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The combination of digital currencies and blockchain technology has given rise to plenty of opportunities across industry verticals. Today, the cryptocurrency industry is growing at a tremendous rate, and the art and gaming industry has benefited deeply from it. NFTs give creators complete freedom to bring their vision to life and sell them as digital tokens to a global consumer base. One of the projects that is pushing the limits of NFTs further than others is Dirty Pigs. Their original designs and collections are transgressive and fun, with some named; “Son of a Pig”, “Hairy Vaginas” or “Suicidal Talibans”. Dirty Pigs is stepping outside the box in the digital world, and giving back to society as they do it – with all their collections donating a percentage to charity. A perfect example is their collection inspired by Donald Trump, called Trumpinos, which allocates a part to go to organizations fighting inequalities and injustices for poverty and racial divide. Dirty Pigs is the first NFT project that allows minters to obtain merchandise, such as shirts, hats, backpacks and more, from NFTs they previously minted. For this, they have partnered with popular online retailers like Google, Fruugo, CDON, Zalando and others. In addition to its exceptional NFT creation services, Dirty Pigs became the first NFT clothing brand to launch its wide range of products, seeking to compete not only in the digital world but also in the world of fashion. Introducing Dirty Pigs Merchandise Dirty Pigs is an NFT marketplace to help influencers and celebrities launch their NFT brands using a turnkey solution. It is a metaverse commerce marketplace that creates digital identities and clothing using generative art powered by machine learning in collaboration with intellectual organizations and several major industry influencers. The project aims to provoke thought for change and fight inequalities using the power of art and NFTs. The project recently announced the launch of its clothing line at popular online retailers such as Google, DRUUGO, CDON, and Zalando. By launching this product line, Dirty Pigs Merch has become the first NFT project to do so and is setting new standards in the blockchain industry. The upcoming product drop will not only increase the popularity of NFTs but also allow the big players in the online retail industry to become part of the blockchain industry. This move will reduce barriers to entry across the industry. DirtyPigs allows users to purchase the merchandise using cryptocurrency, credit card, or debit card online and at their future retail stores