August 31, 2021       /       Unchained Day-to-day       /       Laura Shin

Day-to-day Bits ✍️✍️✍️

• Cream Finance turn out to be once alive to in a $25M flash mortgage attack on Sunday.
• Sushi paid a $1M bug bounty to Paradigm’s Sam Solar for catching an error on its Miso platform.
• Centre, the consortium created by Coinbase and Circle to supervise USDC, announced a brand new crew to wait on it magnify globally.
• NFT trader Vincent Van Dough is raising a $100M funding spherical to make investments in NFTs thru a partnership with Three Arrows Capital.
• DeFi Training Fund released records on its first spherical of four grants.
• Polkadot’s Parallel Finance raised $22M at a valuation of $150M.
• Billionaire John Paulson thinks cryptocurrencies are a bubble.

What End You Meme?

What’s Poppin’?

Celo, a mobile-first blockchain protocol, announced a brand new $100M+ budget for grants, education, and token rewards by blueprint of a program dubbed “DeFi for the Other folks.” Built on Celo, the brand new project has partnered with DeFi stalwarts Aave, Curve, Sushi, 0x, PoolTogether and more to wait on magnify Celo’s crypto offerings. Training will be handled thru collaborations with Chainlink, RabbitHole, The Graph, and Wrapped.com.

Starting yesterday, rewards are already on hand for PoolTogether on Celo, with incentive pools for other DeFi projects planned for the upcoming weeks and months. DeFi for the Other folks has already allocated $20M in incentives for Aave liquidity services, $14M for Curve liquidity services, and $10M for Sushi liquidity services, which is spirited to be dealt out on high of the fashioned yield accumulated from interacting with a DeFi protocol within the first home.

For the reason that announcement early yesterday morning, Celo’s native token, CGLD, has climbed over 60%, from $4 to about $6.90 at publishing time.

Fantom moreover published plans to originate a liquidity mining program. The layer 1 natty contract blockchain announced its intent to use $320M in FTM tokens to entice DeFi protocols to its network. In desire to partnering with already instantiated DeFi platforms, Fantom has determined to originate up its liquidity mining program to the loads — with one critical requirement. Any protocol is eligible to hitch Fantom’s incentive program as long because it holds $5,000,000 in total impress locked into the application.

Imprint action for FTM, Fantom’s native token, turn out to be once particular following the announcement, taking medications 36% on the day, as of publishing time leisurely Monday night time.

Suggested Reads

• True Vision’s Raoul Pal on the Fed’s money printer:

• Economist J.P. Koning on decentralized stablecoins:

• Messari’s Ryan Watkins on Ethereum DeFi:

On The Pod…

How Pplpleasr Helped Fortune Magazine Promote Extra Than $1 Million in NFTs

Pplpleasr, the artist gradual Fortune magazine’s most modern crypto quilt and Uniswap’s V3 announcement animation, talks about her crypto skedaddle and how NFTs are changing the sport for creators. Present highlights:

• how no longer getting a job at Apple modified her life with no slay in sight
• how the Pplpleasr-Uniswap collaboration happened
• what goes into her ingenious job
• how Pplpleasr got hired for the Fortune magazine quilt
• why she selected to indicate anon-avatars on the Fortune quilt
• why Pplpleasr turn out to be once shocked by Fortune’s response to her art work (and crypto assuredly)
• what form of crypto personas are represented on the Fortune quilt and why
• how NFTs are changing the paradigm of monetization for creators in comparison to the primitive art work world
• what pplpleasr is waiting for in future NFT natty contracts
• why NFTs are easy restricted today
• why institutions, cherish Budweiser and Visa, are with out warning drawn to NFTs
• what Fortune is doing to grow its NFT series
• how DAOs are changing art work curation and amassing
• why Pplpleasr turn out to be once shocked that a DAO (bearing her title) bought the Uniswap V3 animation
• where Pplpleasr thinks the NFT house will trek within the following 365 days or so

You are going to be ready to amass it right here: http://bit.ly/cryptopians