NFT collections take massive price hit in 2023: Nifty Newsletter, May 24–30
The value of popular NFTs has sharply declined over the past year, with drops of up to 95%.
The value of popular NFTs has sharply declined over the past year, with drops of up to 95%.
Web3 game developer QORPO Game Studio aims to introduce competitive esports to the Web3 gaming ecosystem.
I’ve been in crypto for three years now, and honestly so far, there hasn’t been a single use case for crypto for me personally. All I’ve done is stake and have an ENS domain name on Ethereum and hold Bitcoin nothing more. I understand some people are interested in the financial derivatives aspect and that…
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Bitcoin and most major altcoins are struggling to hold on to their higher levels, indicating that the bears have not given up yet.
submitted by /u/DiegoBoy98 [link] [comments]
I have a seed and I don’t recall which public addresses connected to that seed have a positive balance. How do I find all the public addresses that have a positive balance connected to my seed? submitted by /u/skdidjsj [link] [comments]
The new consortium will provide ratings of digital asset trading platforms and cryptocurrency market indexes when it becomes operational.
Trader Joe, a Decentralized Exchange (DEX) on the Binance Smart Chain, is making waves in the Decentralized Finance (DeFi) world with its new Auto-Pools feature. According to the DeFi researcher Tindorr, this innovative solution offers a set-and-forget yield farming strategy for liquidity providers (LPs), eliminating laborious position management. Auto-Pools allows LPs to provide liquidity to multiple assets through Liquidity Books, with strategies built and hosted off-chain by the Trader Joe’s team in a “Black Box”. The scalability and adjustability of Auto-Pools make it a simple yet smart move by Trader Joe’s to outperform other emerging DEXs and ignite bullish sentiment for $JOE. Related Reading: Coinbase CEO Drops Bombshell Prediction – Is China Set To Dominate Crypto? Can Trader Joe’s Auto-Pools Ignite Bullish Sentiment? The combination of Liquidity Book and Auto-Pools provides capital efficiency and the best user experience approach for new DeFi users, attracting more liquidity to the protocol. With the current size of Trader Joe, it has a niche to capitalize on untapped areas in the DeFi market. While competitors are entering the market, being a first mover gives Trader Joe’s an advantage, with the main challenges for new protocols being liquidity and real usage. For LPs, the first Auto-Pool called “The General” will launch soon, automatically rebalancing and auto-compounding all associated fees and rewards. By staking $JOE, users can get $JOE and earn protocol revenue generated, with a significant Annual Percentage Rate (APR) of 22.7%. The staked $JOE increased by 2x in just one week, indicating a strong bullish sentiment towards the token. DeFi researcher Tindorr believes that Trader Joe’s Auto-Pools have the potential to revolutionize the DeFi market. When trading within one bin, the one-click yield farming solution with zero-slippage trading could be a game-changer for DeFi investors seeking a solid product-market fit. Furthermore, hosting the strategies off-chain gives Trader Joe’s a double-edged sword, with the ability to be highly scalable and dynamically adjustable but also requiring users’ trust in the “Black Box” execution. Overall, Trader Joe’s Auto-Pools represents a pivotal moment for the DEX to outperform its competitors and attract more liquidity to the protocol. With its niche in untapped areas of the DeFi market, the combination of Liquidity Book and Auto-Pools offers capital efficiency and the best UX approach for new DeFi users. The first Auto-Pool, “The General,” is set to launch soon, and with the increasing staked $JOE and high APR, it’s worth keeping an eye on Trader Joe’s future growth. Trader Joe And WOO Network Partner Up For A Revolutionary Omnichain Ecosystem Trader Joe and WOO Network have announced a strategic collaboration to strengthen the liquidity of the WOO token on Arbitrum and to expedite growth towards a joint vision of a unified, omnichain future. Per the announcement, this partnership brings together both platforms’ resources and innovative capabilities to enhance market presence and drive innovation in the DeFi space. As part of the collaboration, WOO traders and liquidity providers can now trade and earn WOO on Trader Joe’s decentralized exchange through the Liquidity Book, one of the most capital-efficient automated market makers (AMMs) in DeFi. Liquidity Book offers zero-slippage swaps and provides liquidity providers unparalleled ease and flexibility in deployment and management, making it an ideal tool to help boost WOO to new heights. Related Reading: Car Rental Owner Arrested In Bali For Accepting Crypto Payments The collaboration between Trader Joe’s and WOO Network is initiated by their joint efforts on Arbitrum, with a long-term perspective focused on fostering mutually beneficial multi-chain growth. The respective communities can look forward to exciting opportunities, such as the recent launch of $5,000 of WOO incentives for the WOO/ETH LP on Trader Joe, rewarding quest experiences, and community calls where teams come together to share updates and news. Featured image from iStock, chart from TradingView.com
A majority of projects have fallen over 90% from their ATH, many of which are already dead or on their last legs. Which projects do you guys still have the faith that they can make a decent comeback or reach new all-time highs? Which ones are still pushing out new code and are actively progressing?…
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Over 60% of USDT’s supply is currently issued on the Tron blockchain, according to Tether data.