1/
The graph shows the tokens with a trading volume of more than $400,000 in the past 24 hours, their overall price changes, as well as the corresponding community info.
2/ Most of the projects were launched on BNB and Ethereum, with #memecoin, #DeFi, #Game, and #NFT as the main fields.
Compared to the previous week, we got more Meme tokens this week, but most of them have poor market performance. The only Meme with high trading volume is Fronk
3.1/ Flare ($FLR) #crosschain#smartcontract
It's a layer 1 EVM blockchain that has 2 core protocols, the State Connector and Flare Time Series Oracle (FTSO). These protocols allow developers to create an ecosystem of decentralized interoperability applications
3.2/
$FLR has been listed on exchanges such as MEXC Global, Kraken, and OKX, the 24h trading volume is about $80 million.
The first phase of the Flare token airdrop took place this week, and about 4.28 billion Flare tokens were distributed to airdrop recipients.
4/ Fronk ($FRONK)
A #memetoken on #Solana, aiming to make no one miss out on rewards because of bias. 45% of the $FRONK supply goes to the people with contributions to Solana development but did not get $BONK.
Fronk also has plans to form FronkDAO.
5/ ShopNext Loyalty Token ($NEXT)
ShopNEXT is supported by @binance Pay and Binance Smart Chain. It rewards users free cryptos (Bitcoin, Ethereum, BNB, USDT) when shopping at ShopNEXT partners.
It encourages crypto rookies onboard and boosts consumer spendings
6.1/ Kinect Finance ($KNT) #Staking
A deflationary yield farming protocol built on #BNBChain. It aims to solve the problems of other yield farms, yield aggregators, staking platforms, and farming rewards. $KNT is the native governance token.
6.2/
Kinect brings additional yield to users in addition to solving the problems, thus attracting a lot of investors.
The 24h trading volume of $KNT also exceeded $1 million, the price has risen by 258% since its launch.
7/ Follow our newly listed page👇to be informed of new projects and tokens.
You can also check their details by clicking them!
In this 🧵👇we will walk you through:
how an imbalance between longs/shorts in a bull market will reduce GLP returns, decrease GLP AUM and liquidity, and trigger a death spiral. #CryptoResearch
2/
In a bull market, GMX shorts not only do not receive funding fees but also have to pay borrowing fees.
As a result, GMX will be 95%+ long in a bull, as evidenced by OI between 2021-9-1 and 2021-11-10.
3/ GLP was losing money to traders during that period as well.
1.1/ 𝑪𝒆𝑭𝒊🏛️
• Genesis owes creditors more than $3 billion, DCG considers selling parts of venture capital portfolio.
• Blockchain.com lays off 28% of workforce.
• FTX loan wiped out $800m in BlockFi executives' equity.
1.2/
• FTX officially lost the naming rights to Miami Heat's arena.
1/ 𝑫𝒆𝑭𝒊❌🏛️
• Data: $372 million of trading volume has gone through 1inch Fusion Mode.
• WOO Network will burn over 705 million $WOO tokens.
• pSTAKE will launch $stkATOM on 12th January 2023.
• DEX aggregator OpenOcean expands to Optimism.
2.1/ 𝑪𝒆𝑭𝒊🏛️
• Tension between DCG and Gemini intensifies as their managements continue on spats.
• Binance acknowledges past flaws in management of stablecoin's reserves.
• Ark Invest increased holdings in Coinbase by 33,756 shares.
The @ethereum Shanghai Upgrade is around the corner, enabling the withdrawal of staked $ETH.
In this 👇🧵we will take you for a deep dive of the upgrade, an analysis of the potential outcomes. #CryptoResearch
We'll cover👇:
1/ What is Shanghai Upgrade 2/ Withdrawals 3/ More people might stake $ETH afterwards 4/ Additional rewards 5/ Conclusion
1/
After the Merge on Sep 2022, the withdrawal of staked $ETH is the last puzzle. Shanghai Upgrade includes withdrawals of $ETH staked in the Beacon Chain since Dec 2020, finally giving the network participants the ability to take out their locked $ETH.
1.1/ 𝑫𝒆𝑭𝒊❌🏛️
• e-Money ceases issuance of Euro-backed stablecoin eEUR.
• Defrost Finance deploys the refund contract, allowing users to claim refunds tomorrow.
• Boba Voyage was paused due to user experience issues.
1.2/
• New Free DAO exploiter has transferred about 1,200 $BNB to Tornado Cash.
The @ethereum Shanghai Upgrade is heating up,
Frax Ether as one the hottest projects in Liquid Staking Derivative narrative, is now under the spotlight.
Our rating for Frax Ether's current performance is BB, with a positive outlook.
👇🧵our rating breakdown. #CryptoRatings
In this thread, we'll cover👇
• What is it
• Rating Breakdown
• Technology & Security
• Tokenomics
• Performance
• Ecosystem
• Conclusion
1.1/ What is it
Frax Ether (frxETH) is a liquid staking derivative issued through @fraxfinance's new liquid staking product, pegged 1:1 to $ETH.