StrongBlock launches DeFi protocol but token prices slump 70%
A new DeFi protocol has been launched rewarding node operators to improve public blockchain performance, but token prices have tanked Just-launched DeFi protocol StrongBlock has announced the integration of Chainlink oracles — however its native token’s price tumbled 70% today. The platform, founded by former members of the original EOS core team, was launched on Sept. 29. StrongBlock says that low quality and insecure blockchain nodes can be unreliable and provide erratic market data, especially if they get out of synch. The protocol’s core concept is to shift the emphasis away from....
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Strongblock creates platforms and protocols with the intention of revolutionizing how blockchain networks compensate the nodes that protect and sustain them. The digital financial environment continues to develop almost every second, which is no surprise to those in the crypto sector. Among such technological advancements, a new project called StrongBlock has popularized the concept of the node as a service (NaaS) on the blockchain. NaaS is an alternative to running entire blockchain nodes on your own; it provides developer infrastructure and tools for setting up and managing blockchain....
Yield Farming protocol DYP has launched its long-awaited DYP Tools. DYP Tools V1 is a decentralized tools dashboard built with features that will increase the use cases for DYP Token and the entire DeFi ecosystem. The tool dashboard serves as a liquidity locker for any DeFi project and protects the DeFi community by providing a decentralized trust score for all DeFi. The launch of the DYP Tools V1 is a significant milestone for the yield farming protocol, and the dashboard tool is equipped with extensive features. Some of these include UniSwap Watchman, Pool Explorer, Unique Community....
PARSIQ, an enterprise blockchain solutions provider has stepped into the DeFi space by announcing its IQ Protocol launch. Currently, on an Ethereum-based testnet, IQ Protocol is a DeFi solution for the SaaS market that tokenizes subscriptions and creates a circular economy, complete with staking, lending, and borrowing features. The launch of IQ Protocol enables PARSIQ […]
PRESS RELEASE. Decentralized finance protocol CLEVER (CLVA) launches its latest program called “Will you take the 888 cycle challenge’’. The program offers a guaranteed interest model that enables users to earn compound interest paid fortnightly to all CLVA token holders. This is achieved by placing all CLVA token holders on a pre-programmed routine cycle schedule over 888 fortnightly cycles that will take exactly 34.15 years to complete. Every 14 days newly minted CLVA is awarded to token holders. CLVA token holders will be able to receive up to 11% compound interest....
On January 5, the open-source non-custodial decentralized finance (defi) lending platform Aave launched a permissioned version of the protocol aimed at institutions. The platform dubbed Aave Arc will leverage Fireblocks as the first whitelister as the platform aims to help bridge traditional financial institutions with defi. KYC-Centric Defi Liquidity: Aave Launches Aave Arc Permissioned Protocol for Financial Institutions Aave has launched a permissioned platform called Aave Arc on Wednesday, a new protocol dedicated to financial institutions that want to particpitate in defi in a....