@dfinity is focused on building the “Internet Computer”, a blockchain network aiming to expand the functionality of the internet.
It aims to build a decentralized, scalable cloud-like platform that can store data, perform computation, and support community-driven governance.
The Internet Computer (IC) is focused on building an open-access internet.
Internet Computer Protocol (ICP) takes the TCP/IP concept one step further via a public compute platform so devs, enterprises, gov agencies can deploy software/services directly to the public internet.
The @dfinity Foundation currently has nearly 100,000 academic citations and 200 patents.
+ Dfinity is one of crypto’s most well-funded and publicized projects
+ Mainnet launched May 7, token is slated to launch May 10
+ It has raised the most non-frozen funds at $160m to date
@AlphaFinanceLab was off to a strong start after its launch in 2020. Then it suffered a flash-loan exploit, derailing momentum.
With the re-launch of Alpha Homora v2 on the horizon, we revisit Alpha's brief history and look into the future.
@AlphaFinanceLab is a research-based DeFi incubator. Alpha Homora products feature:
+ Leveraged yield farming protocol
+ Stablecoin lending market for us on Ethereum
+ Leveraged yield farming concept to Binance Smart Chains
Upon launch, Alpha Homora was an immediate success, with TVL that grew from $190m in Jan to $1.26b as of February 12, a 6.7x growth in a span of two and a half months.
In lieu of the BSC boom in Q1, PancakeSwap grew its market share from 2% to 37% in the quarter.
Q1 also saw new DEX expansion...
+ @PancakeSwap becomes one of the largest DEXs by vol
+ @SushiSwap reached peak of 24% market share
+ @Bancor resurgence with V2.1 launch
+ @THORChain cross-chain liquidity protocol goes live
Our @Bancor profile is updated with the latest on the platform and its native $BNT token
Bancor is a unique decentralized exchange (DEX) that uses $BNT as the common price token to fulfill pair trades among users and liquidity pools for hundreds of Ethereum + EOS tokens.
Consensus & Emission:
$BNT supply is elastic with Bancor V2.1. The protocol matches liquidity pool token deposits with minted $BNT and burns $BNT when tokens are withdrawn. Users’ $BNT deposits replace minted $BNT to control inflation.
$BNT launched on 6/12/17 in the largest ICO at the time - $153M
The initial 79.3M $BNT supply was allocated to:
50% - ICO Participants
20% - Project team, contributors, investors
20% - Bancor budget
10% - community development
Top NFT projects produced > $750m in secondary sales volume, with $350m in sales in both Feb and March, showing strength in continuous demand past initial purchase.
In the top 15 players, @nbatopshot took a clear lead MoM