Crypto Daily Digest - November 26th

TI Research

Kain Warwick, the founder of Synthetix, published a new post on the upcoming Debt Pool Synthesis, which will introduce fungibility between L1 and L2 Synths. zkSync announced on Nov25 that decentralized indexing protocol The Graph is integrating with zkSync to provide an efficient way to query blockchain data. A dungeon roguelike NFT game has been popular since launching in mid November.

IDO/IEO

$BICO to be Listed on Huobi Primelist

BICO provides plug-n-play APIs for 75+ DApps to simplify their user experience.

  • Token: $BICO
  • Price: $0.3
  • Huobi Primelist: 2021-12-01 10:00(UTC)
  • Total allocation for this event: 2,000,000 (0.2% of total supply) Source

Popcorn Token Launch Auction

Popcorn auction will take place on Copper, a site for Token Launch Auctions. All proceeds will go to the Popcorn Treasury, a smart contract entirely controlled by Popcorn token holders. Popcorn offers multi-chain curated pools of strategies and DeFi products.

  • Token: $POP
  • Initial Price: $29.7
  • Last Price: $0.3
  • Copper Token Launch Auction Pool: 2021/11/29 8:00 until 2021/12/1 8:00 UTC Source

DeFi

Synthetix - Debt Pool Synthesis, merging between L1/L2 Synths

Kain Warwick, the founder of Synthetix, published a new post on the upcoming Debt Pool Synthesis, which will introduce fungibility between L1 and L2 Synths. Debt Pool Synthesis is the process where the two debt pools on L1 and L2 will be merged and Synth fungibility will be restored across both networks. There are five major components within this process.

  • Debt Shares
  • New Oracles by Chainlink
  • Debt Pool Synthesis
  • Restoring Fungibility with Teleporters
  • Debt Migration Source

Decentralized Indexing Protocol The Graph Is Integrating with zkSync

zkSync announced on Nov25 that decentralized indexing protocol The Graph is integrating with zkSync to provide an efficient way to query blockchain data. This integration will allow indexed data from open APIs powered by The Graph, called subgraphs, to read and organize zkSync 2.0 data, allowing for faster and more efficient access. Source

mSOL Bonds On Sol Invictus

Solana's Olympus fork Sol Invictus announced a partnership with Marinade Finance, a staking liquidity protocol on Solana, with a new offering of $mSOL. $mSOL is the synthetic asset mint by staking your $SOL on Marinade Finance. It is an interest-bearing liquid asset with no lockup. The bond went live earlier today. The team declared that they believe mSOL is the best product available for earning yield on SOL. By adding mSOL over native SOL users can pass on the staking rewards via the native staking yield mSOL generates. They think this is more beneficial to the community. Source

Moonbeam Won the Second Parachain Auction on Polkadot

Moonbeam won the second Polkadot parachain auction with over 35M DOT contributed from 200k+ contributors. Moonbeam will be launching in three phases, following a similar but abbreviated version of the launch of Moonriver. Additional functionality will be gradually added in each phase to confirm the stability of the deployed network. Full functionality is expected to be made available to all users sometime in January 2022, at which point the GLMR token will become transferable. Source

Streamr is Live on Polygon

Streamr is a platform for real-time data on the decentralized web. It is now live on Polygon with the launch of its Brubeck Testnet. Source

NFT/GameFi

Introduce Legend Maps

A dungeon roguelike NFT game has been popular since launching in mid-November. Legend Maps is a roguelike dungeon crawler using NFTs on the Ethereum blockchain. An opportunity for adventurers, scoundrels, occultists & the uncanny to seek fame, power & fortune by staking their claim to maps of infinite dungeons. Currently, the game only released the first batch of its maps (auto-generated randomly of course). The floor price of the genosis maps now is 0.24 ETH, which is 5 times the mint price. Here is a very good thread (Chinese version) of the game: Source

Reading

  • Finding success is about finding and tailing the right people: Source
  • The best barbell strat for crypto natives: Source
  • Why people buy virtual land: Source
  • a16z Chris Dixon, from startup to empire: Source

DeFi

Derivatives

Data

TI Research

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