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🚀It's raining UNI!
How was your weekend, fellow Geckos? The DeFi space has experienced massive growth over the past few months. With the community well behind its back, we at CoinGecko believe that the trend is here to stay, while breaking some records along the way! Well, that hasn't stopped the community from achieving new records! Daily transactions on the Ethereum network have hit a record high, amounting to more than 1.4 million transactions. The previous all-time high was achieved way back in 2018, with only 1.35 million transactions. In today's newsletter, we're delving into Kava, the UNI airdrop, and some good news for CRV holders. Read on and have a good week! | | |
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| 24h Hot searches worldwide 👀 | | |
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| Top crypto investors around the world trade with eToro. Why? Because we offer an innovative platform with powerful features, market analytics, and a vast social community of crypto knowledge — that's simple to use! eToro is a safe and reliable way for you to build your portfolio. Discover why millions use eToro for their investments. Download the app. This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal. | | | Social Tokens offers a new way for individuals to tokenize their value on the blockchain, creating new ways for people to interact with one another. While the idea of "tokenizing humans" have been around, it was the $ALEX and $JAMM tokens built through Roll that truly brought attention into the social token space. The launch of the $ALEX Yield Round soon after only created stronger interest in social tokens in the context of DeFi. CoinGecko will be hosting with 3 trailblazers to share their thoughts on the rise of social tokens, its potential and much more.
Date: Tuesday, 22 September 2020
Time: 10:00 - 11:00AM EST (GMT -4) [Check your local time]
Speakers
• Bobby Ong - Co-founder, CoinGecko (Moderator)
• Cooper Turley - Audius, Community
• Alex Masmej - $ALEX
• Brian Flynn - $JAMM Register for the event now! | | More than 140,000 addresses have claimed their UNI According to Dune Analytics, approximately three quarters of claimable Uniswap (UNI) tokens have been obtained. With a total initial supply of 1 billion tokens, 15% have been made immediately available to liquidity providers, exchange users and even Unisocks (SOCKS) token holders. As of yesterday, 180,807 users have claimed close to 111 million UNI tokens. TheBlockCrypto | | Kava Ready to Launch Cross-Chain Money Market Kava (KAVA) has announced its intention to build a cross-chain money market on the Cosmos (ATOM) blockchain to maximize on the growing DeFi scene. They plan to build an application for lending and borrowing crypto assets called Harvest. Customers can earn interest as well as Harvest's own governance token. CoinTelegraph | | CRV Announces New Dividend Program Curve is launching a new dividend program for holders of their governance token (CRV). Users need to stake their CRV to the voting contract, exchanging CRV for veCRV in order to participate in governance. 50% of Curve's staking fees will go to the veCRV holders. CoinDesk | | | To the yield farmers out there, we've heard what you had to say! The yield farming craze has taken over CoinGecko and we wanted to find out what makes you guys go full degen over yield farming. With interesting insights from the community, we've pulled out all the stops to provide you our most informative report on the yield farming scene. Check out our Yield Farming Survey Report here! | |
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| Proof of Work (PoW)An algorithm that rewards the first person that solves a computational problem (i.e. mining) to achieve distributed consensus. Miners compete to solve difficult cryptographic puzzles in order to add the next block on the blockchain. It prevents spam and cyber attacks such as DDoS as it requires work (i.e. processing time) from the service requester. Decentralized Finance (DeFi) refers to the movement of building decentralized financial applications that have no central authority and is censorship free. DeFi applications cover many use cases and a few popular ones are stablecoins, lending/borrowing and trading (decentralized excanges). By removing the middleman in systems, DeFi applications are able to achieve a better rate of returns for its users, while lowering barrier of entry as the application does not discriminate or censor any particular party from joinLearn about other Crypto terms here | | | |
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