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An Open Letter to ASUKA community

'I am Jongchan Jang, a founder of asuka.finance project.

First, I would like to apologize for my short-think decision to shut down the
asuka.finance site.'

Read here - https://asuka.finance/
Forwarded from Persistence One Official Announcements (Abhitej Singh | Persistence)
#Ecosystem #Grant

Interchain Foundation awards Persistence One a grant to develop Interchain Standards (ICS) for Non-Fungible Tokens (NFTs) and Metadata.

Persistence One has been an active contributor to the Cosmos Ecosystem and with strong expertise in building inter-chain operable technologies. This grant is a validation of the technical capabilities of the Persistence One team, and we are setting a new precedent in the interoperability space with superior NFT definitions.

In the past, our team implemented the first Interchain Native NFT transfer, which enabled us to bring real-world assets on the chain and power Institutional Decentralised Finance.

Over the coming months, the Persistence One team will be working closely with the Internchain Foundation and ixo to identify the NFT and Metadata use-cases to design Interchain Standards.

Persistence One is driving institutional adoption with Interoperability!

Read more: https://bit.ly/3bcvzRm
Justin Sun(TheCopyPasteGuy) has announced new Defi token 'SUN' which will not be pre-mined.

https://medium.com/@TronFoundation/an-open-letter-to-the-community-about-sun-genesis-mining-fa8a743eca1f
Forwarded from DeFiner Announcement
#defi #unique
Hey DeFiners! I'm sure some of you have probably asked this before. Why DeFiner? What makes us unique? Here are three key differentiators.
🔑Optimized Borrow and Lend Rate
🔑Payback Loan with Collateral
🔑Fixed-term and Fixed-rate loan
Sounds interesting? Here's an article that will help you jump start your journey with us!
Read More at our Knowledge Base: https://help.definer.org/why-we-are-unique
🚀 Follow our Twitter for more details: https://twitter.com/definerorg
💪Join our Telegram Channel:
@DeFiner
🗣 Announcement channel: https://news.1rj.ru/str/DeFinerNews
BNB & USDT DeFi Staking Products Available With Up To 60% APR on Binance
https://www.binance.com/en/support/articles/d3d2e5257f014e4d9733725e263dbc57
Really Binance? (the people's exchange)
You could afford to take 50% hit on your side and 50% on user side
Making poor people more poor😭
@PersistenceOne is one of the top 7 projects backed by NGC

NGC Ventures is one of the largest institutional investors of blockchain and distributed ledger technologies, and has been a key contributor to a number of leading blockchain projects. Such top VCs represent the smart money, so we compiled a list of upcoming projects backed by NGC Ventures to determine notable ones worth keeping an eye on.

Courtesy - @top7ico
RioDefi has announced public sale details :

Dear Everyone, please find hereafter the details for RFUEL pre sale and public sale:

- RFUEL pre sale price: $0.06, min cap $1000, max cap $5,000. Vesting period is 12 months with monthly unlocks of 1/12 starting at Token Generation Event (TGE). The pre sale is only available to those staking OM, and it will begin on Monday, September 7 at 6:00am UTC.

- RFUEL public sale round 1 price $0.16, min cap $1000, max cap $10,000. Vesting period is 61 days with unlocks of 1/3 starting at TGE and on days 31 and 61 after TGE.

- RFUEL public sale round 2 price $0.18, min cap $1000, max cap $10,000. Vesting period is 1 month with unlocks of 1/4 at TGE and on days 11, 21, and 31 after TGE.

-Uniswap IDO starting price $0.20. Tokens fully unlocked. 🔥🔥🤑🤑
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So, what's on your shopping list today? RED sale going on..
Defi coins look yummy..🍣💸💰😋
PERSISTENCE Review
_________

⚪️What does Persistence want to achieve?

Persistence wants to achieve seamless transfer of real-world assets through the tokenization and allowing the usage of real-world assets as a collateral in addition to the crypto assets. They want to reduce the friction between the borrower and lender by having faster settlement time in a trust less way.

⚪️What is the USP of Persistence?

The main USP of the persistence is the usage of tokenization of real-world asset assets which can be used as collateral for lending. In all lending protocols, only crypto assets are used as collateral. So, bringing them up as NFTs in the crypto ecosystem and making them as collateral adds more value to the lending protocols.

⚪️Basic Technical Details:

Persistence will be based on the famous Tendermint consensus engine (Cosmos). All the security guarantee applicable to Tendermint applies here. It is an already proven and reliable system. No need for further explanation here.

Persistence will have 2 key features. A Mainchain and an app specific chain (Example: Comdex App). There will be one main chain and multiple app chains interacting through IBC protocol.

Comdex is the first app specific chain for Persistence. App chain will be having the flexibility of using different consensus like PoA or dPOS as its security can be tied to the main chain.

⚪️Key points to be noted:

They are the first to execute an IBC transaction. Read more below: https://blog.cosmos.network/1st-non-standard-ibc-transaction-executed-by-persistence-2-2-79eb4397d48d

Tokenisation of non-crypto assets also brings a major problem with regards to legal liability. Team needs to clarify on this aspect. Although they mention 3rd party KYC Vendors for verifying this. Some details are ambiguous like for example; what are the assets that will be allowed to tokenize and what are the assets that will be barred from tokenizing.
Governance process is not explained clearly. We believe the team might be updating it soon or optimizing it.

Main focus seems to be on institutional investors and borrowers. Also, additional add-on is the stablecoin backed liquidity pool offered by Mainchain.

⚪️Notable Technological partners:

Western Union

⚪️About the Team

Team is really good, and developers are from the premier institutes in India.

Also, the advisors are really good with the notable Sandeep of Matic fame.

⚪️Final Verdict:

Persistence is a really good project with a solid team and technical stuff to execute the vision they plan.

On the aspect of Initial market cap too, this looks pretty attractive at current price.

Website: https://persistence.one/
Whitepaper: https://persistence.one/static/media/whitepaper.aa159390.pdf
When the sole owner of the project dumps his all $SUSHI and justifies himself by comparing with Charlie Lee selling his $LTC in 2017 TOP
Introducing Launchpool, a Secure Way to Farm New Assets - Farm Launchpool’s First Project, Bella Protocol (BEL) By Staking BNB, BUSD or ARPA Tokens.

https://www.binance.com/en/support/articles/372ac176ec224df7bb53654861555ac3
Elrond eGold (EGLD) officially listed on Crypto.com! Swap ERD (ERC20) to EGLD in the app

We're excited to announce that Crypto.com has officially added eGold in their app. Users can now buy & sell native EGLD, and swap ERD to EGLD directly from the Crypto.com app.

👉🏻 Read more: https://blog.crypto.com/crypto-com-lists-elrond-egold/

RT: https://twitter.com/ElrondNetwork/status/1302906901521403906?s=20
Elrond eGold (EGLD) on Bitfinex: Deposits 09 Sept, Trading 10 Sept

We're excited to announce that eGold will be listed on Bitfinex!

🔸 Deposits open on 09 September 10:00 UTC
🔸 Trading starts on 10 September 10:00 UTC
🔸 Pairs: EGLD/USD & EGLD/USDt

This is a very important milestone for the Elrond ecosystem, as it marks one of the first integrations of our mainnet with a major platform, as well as the first USD fiat pair on a major exchange.

👉🏻 Read more: https://www.bitfinex.com/posts/517

RT: https://twitter.com/ElrondNetwork/status/1302979694883745793?s=20
Binance LaunchPool is LIVE
You can start depositing your $BNB, $BUSD, $ARPA

https://www.binance.com/en/support/articles/fb774d74b12d43a4a710fedf6cc4bf63