Crypto Daily Digest - December 17th

IDO

izumi Finance is Now Live on Bybit Launchpad

Izumi Finance is a liquidity optimization protocol located on the Ethereum network. The protocol is based on Uniswap V3 and proposes the concept of "Programmable Liquidity as a Service (LaaS) ". By using the liquidity aggregation characteristics of Uniswap V3, it helps project teams and liquidity providers (LP) to concentrate liquidity within a specific price range, improving liquidity supply efficiency and LP income. At present, Izumi Finance's liquidity optimization tool product LiquidBox has been developed, while the cross-chain liquidity aggregating AMM service iziSwap and asset cross-chain bridge service C-AMM Bridge provided with LiquidBox are still under development.

• Token: IZI
• Price: $0.04
• Time: Dec 20
• Allocation: 11,250,000IZI, released when listing Source

Imperium Empires IDO on Avalaunch

Imperium Empires is an RTS (Real-time Strategy) game on Avalanche with an intergalactic theme, where players can team up and fight in a metaverse. The game introduces an NFT deflation mechanism where the player's NFT assets may face destruction during the game in order to maintain the value of the NFT assets. $IME is the in-game currency that can be used to purchase game equipment (NFT), for guild-related pledges, etc. In addition to secondary market purchases, $IME can be earned through in-game tournaments and quest games.

• Token: IME
• Price: $0.0045
• Time: December 20, 2021
• Allocation: 222.22 million $IME (Vesting — 35% at TGE, 1-month cliff, weekly vesting for 8 weeks) Source

Jet Protocol Announced Airdrop

Jet Protocol, a lending protocol on Solana, announced an airdrop soon of $JET tokens and the project has announced the completion of the snapshot.

• Airdrop coming in soon
• Governance platform coming soon
• You must claim airdrop within 90 days of platform launch
• Tokens will be automatically staked
• There will be staking rewards Source

DeFi

Uniswap Auto Router v2

Uniswap updates auto router functions for layer2 network and renews pricing contracts for better experience and gas-cost saving. Source

BitDAO Forms EduDAO

BitDAO—a decentralized asset manager that boasts $2.5 billion in AUM—and token investor Mirana Ventures have formed a new decentralized autonomous organization that caters to college students: EduDAO.

The DAO is made up of various student and campus research organizations in the U.S., U.K, and China, including Berkeley Center for Responsible, Decentralized Intelligence; Blockchain at Berkeley; Blockchain at Michigan; Harvard Blockchain Club; MIT Sloan Blockchain Club; Oxford Blockchain Society; Penn Blockchain; and Tsinghua University Students Blockchain Association. Source

Optimism Canceled Whitelist Limitation

According to the tweet thread from Optimism, they announced that the whitelist is officially gone and anyone can deploy to Optimism. Optimism launched with a whitelist so that they could establish direct lines of communication with the projects building applications on top of the network. The removal of the whitelist means that the team won’t be performing any more regenesis-style updates. All future upgrades will maintain all state, transaction history, and event data. Source

Clover Finance Wins Polkadot's Fifth Auction

the Polkadot network's 5th parallel chain slot auction has ended with cross-chain smart contract platform Clover locking in 9,752,400 $DOT to win Polkadot's 5th parallel chain slot auction. As of now, the first 5 parallel chains have been assembled and will be unified into the Polkadot relay chain to start blocking out as a parallel chain at around 4:00 a.m. CST on December 18, 2021. It is reported that the second round of Polkadot's auction is expected to start at around 3:00 am BST on December 24, with a total of 6 auctions. Unlike the previous round, each auction in the second round will be held two weeks apart. Source

Alpha 3rd Batch of $BETA Allocation Registration is Now Begin

Alpha Finance Lab announced the 3rd batch of Beta Finance's BETA rewards. The 2nd Batch of BETA allocation is complete and $ALPHA stakers could go their website and claim BETA research on Dec 23rd. Now, the 3rd Batch of BETA reward begins, stake ALPHA on the address below to be eligible for the 3rd batch. Source

Tracer Opened A New FOREX Market Pool: EUR/USD

Arbitrum's perpetual pool protocol Tracer opened a new perpetual pool supported EUR/USD for 1 or 3 times leverage tokens. Those leverage tokens are already well prepared on Balancer, so there is no need to mint. Source

A proposal to deploy Abracadabra Money on Polygon

A proposal from the Polygon Foundation to deploy Abracadabra Money on the Polygon PoS chain. Abracadabra is a cross-chain stablecoin lending protocol that runs on Ethereum, BSC, Fantom, Avalanche, and Arbitrum. The protocol allows users to provide collateral and borrow Magic Internet Money stablecoins based on their holdings. Source

Gnosis Now Supports Avalanche

Gnosis is a multi-signature wallet for individuals and communities to manage digital assets. It is a programmable account that enables users to control their digital assets with much more granular permissions. The protocol has supported Ethereum, BSC, Polygon, xDAI, Arbitrum, and it is now deployed on Avalanche. Source

NFT/GameFi

Melania Trump Is Releasing an NFT

The former first lady’s first NFT, called Melania’s Vision, will include watercolor art that “embodies Mrs. Trump’s cobalt blue eyes, providing the collector with an amulet to inspire,”. It will be available from Dec. 16 to Dec. 31 for one SOL. Source

Binance Announced the 28th Project on Binance Launchpool

Binance announced the 28th project on Binance Launchpool - Highstreet (HIGH), a play-to-earn MMORPG game on Binance Smart Chain. Highstreet bridges the physical and digital worlds with a brand new MMORPG. Built natively with Unity and Blockchain technology, Highstreet provides real products with additional utilities by turning them into in-game items. Source

Funding

Nansen closes $75 million funding round with participation from a16z and others

blockchain analysis company Nansen has closed a $75 million funding round led by Accel with participation from a16z, Tiger Global and others. The funds raised will be used to expand the functionality of its platform. Source

On-Chain Game LOKA Closes $3 Million in Financing

GameFi protocol League of Kingdoms Arena has closed a $3 million funding round led by Hashed, with participation from a16z, Binance Labs and Sequoia India. It is reported that the funding will be used to build the basic infrastructure for the game. Source