Crypto Daily Digest - December 15th

TI Research

Terra's DEX Astroport started Lockdrop on December 14th and will last for 6 days. Tempus will launch on Ethereuem Mainnet Today. USDC has been available on Avalanche. Polkastarter | Celo | Moonray | Rumble Kong League

DeFi

Astroport Lockdrop Is Alive, and Its Mainnet Will Launch Soon

Terra's DEX Astroport started Lockdrop on December 14th and will last for 6 days. Astroport is a DEX built on Terra ecosystem launching with constant product pool and stableswap pools, dual rewards for LPs and fee-sharing for stakers. The airdrop rules had been announced on 28 Nov, and the recipients have options of "pre-claiming" and locking their $ASTRO tokens in the ASTRO-UST liquidity bootstrapping pool to receive additional $ASTRO tokens. An $ASTRO lockdrop is for migrating liquidity from Terraswap to Astroport. The allocation of different drops has been shown below:

  • Airdrop threshold explained here: Source
  • Phase 1 Lockdrop timeline: December 14 - 20, 2021
  • Details about how to participate in Lockdrop: Source

After the Phase 1 Lockdrop, users can begin locking ASTRO received from the airdrop or phase 1, and/or UST in the ASTRO/UST liquidity bootstrap pool. This is phase 2, which will last 5 days. And then, the Astroport mainnet will launch soon in 2 days.

DappRadar Token launch & Airdrop

Dapp data site DappRadar just launched its native token $RADAR. $RADAR will be used for decentralized governance and unlocking PRO version. Eligible users now can claim allocated tokens on official website. 10% of $RADAR total supply is airdroped. Source

Tempus to Launch on Ethereum

Tempus will launch on Ethereuem Mainnet Today. It is a decentralized financial protocol, which focuses on tokenizing future yield and fixed interest rate. The way it achieves fixed interest rates is more or less similar to other projects in the market, such as Pendle, APWine, and Swivel. Tempus also obtains Principal Token and Yield Token by splitting the Interest Bearing Token into two. Source

USDC on Avalanche Live

Circle announced to launch USDC on Avalanche. Source

Lyra's Token Is Being Distributed to 16,000 Addresses

After 6 weeks of ignition, options protocol Lyra announced the launch of its native token: $LYRA. Almost 16k addresses have been distributed with their token. LYRA will have three initial use cases:

  • Governing the protocol via election of the Lyra Council.
  • Securing the platform as collateral in the Security Module.
  • Bootstrapping the network through trading and liquidity incentives.
  • To claim LYRA head to: Source

Lyra is an open protocol for trading options built on Ethereum. Lyra allows traders to buy and sell options that are accurately priced with the first market-based, skew adjusted pricing model. Source

Celo RPC Lives on Ankr Protocol

The Ankr Protocol’s public RPC toolbox is now available for Celo developers. They will be able to access an Arbitrum Public RPC, make requests calls, and receive information returns that will mirror the results they would get by running an Arbitrum full node themselves. Celo is an open-source crypto payment platform that focuses on bringing crypto to more people via mobile applications. Source

NFT/GameFi

The Whitelist for Particle Collection Banksy NFT is Now Open

Particle was founded by a team of leading figures and innovators in the worlds of art, blockchain, and technology. Particle will leverage this team to acquire and tokenize the physical masterpieces and build a museum in the metaverse. Now, the whitelist for Banksy NFT on Particle Collection Particle Collection is now open with a 4 week period. Users can apply for the number of particles they wish to purchase. Source

Funding

Moonray PBC Closed $3.5 Million Seed Round Led by Animoca Brands

Moonray PBC, a developer of metaverse games, has closed a $3.5 million seed round led by Animoca Brands with participation from GBV Capital, Metavest Capital, LD Capital and others. The company will launch Moonray, an NFT-driven metaverse game based on the Stacks network, with a planned launch date of March 2022. Source

Rumble Kong League Closed $4.5 Million Seed Funding Round

P2E basketball game Rumble Kong League closed a $4.5 million seed round led by JDS Crypto with participation from CAA Sports, Framework Ventures, Animoca Brand, and others. CAA Sports will also serve as Rumble League’s strategic advisor. The game is the first web3 sports project launched by Rumble League Studios and will feature 10,000 NFTs called Rumble Kongs. Source

Anchorage Announces Closed $350 Million Series D Financing with a16z and others

Anchorage, a crypto hosting provider, announced the closing of a $350 million Series D funding round with participation from a16z, KKR, Goldman Sachs, Alameda Research and others, which valued it at more than $3 billion. The funds raised will reportedly be used to help its customers expand their crypto offerings. Source

Terra

Ethereum

Avalanche

TI Research

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