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🚀 Here's a Candy for you, Brought to you by us CoinGecko! 🍬

Did we mention that Yield Farming Episode is probably underway? Don't tell anyone we told you about it 🤫

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Hello Readers! We're making rounds in the news today! In case you haven't heard, we've just rolled out Candies to get everyone coming for that sweet crypto fix! Visit CoinGecko.com everyday to claim your candies be eligible for exclusive deals found only in CoinGecko! Be noted that we're in the early phases of Candies. We're looking at expanding and adding more cool stuff down the line, so stay tuned and hoard those candies like Dragon to Gold! Today we are talking about a magazine that pays you to read them, a new way to farm those DeFi yields, and using credit cards to pay for your crypto trades. Hope you find this edition of The CoinGecko Newsletter useful to you! 24h Hot searches worldwide 👀

Bitcoin  (-2.50%) Ethereum    (-1.60%) Chainlink    (+2.60%) Reserve Rights Token  (+10.0%) Compound  (-29.9%) DMM Governance Token   (+58.7%) Balancer (+131.0%)

Balancer Begins Distribution of BAL Tokens DeFi portfolio management tool Balancer has begun releasing its governance token BAL, and is now available for trading. Initially announced on June 1, the BAL liquidity mining program aims to distribute BAL tokens to users by way of allocation based on overall liquidity contributed, somewhat similar to COMP's distribution. Within 24 hours of the release, BAL tokens have so far surged to upwards of 131% in price at the time of writing. (Editor: Many certainly hoped for a recreation of COMP's crazy gains. Good luck out there, guys and gals!) CoinDesk Bitcoin zine has a 0.1 BTC treasure Bitcoin zine (small magazine) Citadel21 has launched an episodic comic series called "Bulltardia" and you could win actual BTC by reading it. Hidden within the series is a 12-word seed phrase to a Bitcoin address containing 10 Million satoshis. Here's one clue that they have provided so far: "The first key is one of the reasons the Honey Badger doesn't care." (Editor: imagine literally being paid for being a good reader 😉😉) Decrypt Bittrex Global Users can now Fund Their Account With Mastercard Bittrex now accepts Mastercard payment as a source for funding user accounts. This new service will be available to users in 36 countries and is  subjected to a 3% processing fee. Daily and weekly funding limits vary between $2,500-$10,000 USD/EUR and monthly limits between $7,500-$50,000 USD/EUR. (Editor: MAKE SURE you know what you're getting yourself into when using your credit line to trade crypto.) Nulltx

Transaction Fee Time and resources are required in order for miners and validators to hash and sign a block on the blockchain, a transaction fee the the blockchain users is an incentive mechanism for the miners and validators to contine playing their role and securing the network with computational powers. Transaction fees are usually nominal and free-market based, where users can set the amount of fee they are willing to pay and the miners able to set the preference for which transaction to mine and reward from until an equilibrium is met. Learn more terms with the CoinGecko Glossary "I am but a simple yield farmer" Over the last week, we bear witness to the unbelievable rise in the valuation of Compound Finance's governance token (COMP) as well as the explosion on activity, borrowing and lending rates on various DeFi Dapps. The phenomenon got so prevalent that the term "yield farming" was even memed into existent to describe the process of repeatedly of collateralizing, borrowing, lending as much as possible to earn more COMP token in order to sell them on the open market. On a scale of 1-10, how positive are you about COMP and the future of Compound Finance's Decentralized governance structure? 0 1 2 3 4 5 6 7 8 9 10 Read more on CoinGecko

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