Crypto Daily Digest - October 20th

Trading

<OKEx><Gods Unchained> OKEx announced the restart of OKEx Jumpstart stake mining on October 22, 2021, at 14:00. The first project is the blockchain card game Gods Unchained (GODS). Gods Unchained previously announced a strategic investment from OKEx Blockdream Ventures last month. OKEx participated in the "Community Growth" program for the GODS token at $0.24, which is the same as the IEO price on CoinList. Source

Lending

<Cream Finance> Iron Bank (Cream V2) is now live on a third chain Avalanche. Iron Bank Avalanche currently supports AVAX, DAI, LINK, USDC, USDT, BTC, ETH. Source

Yield

<Element> Fixed and variable rate yield markets protocol Element Finance has announced a $32m Series A at a $320m Valuation led by @polychaincap alongside @a16z, Placeholder, A_Capital, and Scalar Capital. New investors in the round include Advanced Blockchain, Republic, Rarestone, Yunt Capital, P2P Validator, Ethereal Ventures, and their limited partners; and Femboy Capital. Source

Solana

<Sonar> Portfolio tracking tool on Solana, Sonar Watch announced the end of their fundraise and a partnership list, including SkyVision, Serum, GenBlock, MEXC, Huobi, Gate.io, Parsiq, Koji. Source

NFT GameFi

<Genopets> Move to earn mode NFT Game built on Solana. Right now it is on Solana Ignition Hackathon voting. Genesis Genopets NFT Launch in mid-November. 3,333 Genesis Genopets only. Egg (1,000 only) holders can buy Genesis Genopets for 0.8 SOL. Genopets Egg NFTs are being sold on solnart： Source Genesis Genopets Auction Pricing： Metaplex’s Fair Launch Protocol (as seen on Rogue Shark’s launch) to determine the mint price for the Genesis Genopet。

<Uniswap V3 NFT Pricing> Guillaume Lambert came up with a pricing model of Uniswap v3 LP Position. Uni v3 LP positions can be decomposed into a short put payoff and a range component and calculated by the B-S model and Feynman-Kac formula respectively. Source

Derivatives

<Hegic> Hegic launched the Hegic Analytics module, users can get real-time on-chain data on protocol's total value locked, trading volume, premiums and settlement fees earned, options open interest for all pools, and strike prices. Source

Others

<Manta Network> Manta Network has successfully raised $5.5 million in funding led by Coinfund and Parafi Capital. Source

< Wormhole >Wormhole V2 user interface (UI) supports Terra — meaning that users can seamlessly port assets between Terra, Solana, Ethereum, and Binance Smart Chain. Source

< Coinbase >Coinbase has entered into a multi-year partnership with the National Basketball Association (NBA) and Women's National Basketball Association (WNBA) to serve as their exclusive cryptocurrency sponsor. Coinbase will also be a partner of the NBA G League, NBA 2k League, and USA Basketball. Source