Crypto Daily Digest - December 21st

TI Research

BitMEX, the centralized crypto trading platform, today announced the launch of its platform token, $BMEX, which BitMEX says will be airdropped into users' BitMEX wallets by February 1, 2022, and will be available to new and existing users alike. CelerNetwork cbridge supports Boba Network's $BOBA. ENS Username Now has its Profile Available via Any Web Browser with Tokemak | Saber | Izumi Finance


CelerNetwork cbridge Supports Boba Network's $BOBA

Celer Network announced today that it now supports cross-chaining of the Boba Network native token $BOBA from the Boba Network to the Ethereum mainnet. Users can cross-chain $BOBA without having to wait 7 days. Source

BitMEX Launches Platform Token $BMEX

BitMEX, the centralized crypto trading platform, today announced the launch of its platform token, $BMEX, which BitMEX says will be airdropped into users' BitMEX wallets by February 1, 2022, and will be available to new and existing users alike. Source

Izumi Finance Launched Mining Product LiquidBox

Izumi Finance is a liquidity optimization protocol built on Ethereum. The protocol is based on Uniswap V3, and today the LiquidBox liquidity mining platform was officially launched. The first phase of the liquidity mining program includes iZi/ETH (fee 0.3%) and USDC/USDT (fee 0.01%) trading pairs. The details are as follows.

  • Reward Models: ETH/iZi (One - Sided)
  • Price Ranges: USDC/USDT (Fix Range 0.999-1.001)
  • Time: 06:00 AM UTC, Dec 21st
  • LiquidBox Page:
  • iZi Access: Bybit, MEXC, DODO, Uniswap Source

Tokemak Ignites SNX Token Reactor

Tokemak, the liquidity pledge protocol, currently officially supports depositing $SNX tokens to earn $TOKE, with liquidity deployment for $SNX to take place at a later date. All tokens deposited into the protocol will receive a tABC deposit certificate. For example, if 10 $SNX are deposited, the user will receive 10 $tSNX tokens, and the user will need to use the tABC asset to withdraw the deposit. Source

ENS Username Now has its Profile Available via Any Web Browser with

.XYZ, a DNS suffix provider, today announced a new service that will help ENS users (i.e., those with an eth wallet address) create eth account pages. Users can convert their ENS profile into a shareable URL by simply adding the .xyz suffix to Eth, and the public ENS profile and NFT set associated with the .eth name will be displayed on that page. Source

Saber Partners with Allbridge, Angle to Launch acEUR-agEUR Pool on Solana

Saber, the decentralized trading platform on the Solana chain, today announced the launch of the first acEUR-agEUR pool on Solana in partnership with Allbridge and Angle. acEUR is based on the AllBridge Wrapped CEUR (Celo Euro) token on the Celo chain, and agEUR is the Angle Protocol's on-chain liquid Euro stable coin. Users can currently deposit acEUR or agEUR in the acEUR - agEUR pool to earn liquidity mining rewards and transaction fee revenue. Rewards will be live within 24 hours. Source

Enzyme Finance Sulu Beta Runs on Polygon

Sulu is the testnet of Enzyme Finance V2 which is used to test new features of the protocol, including borrowing, third-party integrations, new asset supporting, etc. It aims to build the extensibility and composability of the protocol. Source


Web3 Staking Service Provider Figment Closed $11 Million Series C Financing

Web3 Staking service provider Figment closed an $11 million Series C round led by Thoma Bravo with participation from ParaFi Capital, Binance Labs, Mirae Asset and others. The round brings its valuation to $1.4 billion. The funds raised will be used to support additional proof-of-stake (PoS) blockchains, increase Staking participation, scale middleware and DApp development layers, and expand the team of builders. figment aims to develop back-end systems and infrastructure to provide yield on tokens for PoS blockchains. Source

Gear Technologies Closed $12 Million in Financing with Three Arrows Capital and others

Gear Technologies, the smart contract layer of the Polkadot blockchain framework, has closed a $12 million funding round led by Blockchange with participation from Three Arrows Capital, Lemniscap, Web3 Foundation and angel investors including Polkadot founder Gavin Wood. Nikolay Volf, the founder of Gear Technologies, said Polkadot itself does not support contract development because it is not an application platform, but more of a meta-protocol. Gear's next plan is to launch a beta network with third-party security and financial audits in early 2022, with an expected official launch in the second half of 2022, according to Nikolay Volf, who was a core developer of Parity and worked with Gavin Wood for six years. Source

Cross-chain protocol Multichain Closed $60 Million in Funding Led by Binance Labs

Multichain (formerly Anyswap), a cross-chain protocol, has closed a $60 million round of funding led by Binance Labs with participation from Sequoia China, IDG Capital, Three Arrows Capital, DeFiance, Circle Ventures, and HashKey. The funds raised will reportedly be used to support the Multichain ecosystem and its expanding internal team, including R&D, auditing and services. Binance Labs said that in addition to the funding support, Multichain is also partnering with the BSC. Source$60m-financing-round-for-multichain-421499824684903199

Socean Finance Closed $5.75 Million in Financing Led by Dragonfly Capital

Socean Finance, a Solana-based decentralized algorithmic pledge protocol, announced the closing of a $5.75 million funding round led by Dragonfly Capital with participation from Defiance Capital, Jump Capital, Solana Ventures and others. The funds raised will be used to scale the team and improve the utility and composability of Socean's core equity pool product, as well as develop new products. The agreement is focused on improving Solana's network security and providing risk-free returns to users. Over 7,500+ accounts have pledged over 650,000 SOLs on Socean since the main web launch on September 9, 2021. Source


TokenInsight Weekly Report for the 3rd week of December. Source


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