Crypto Daily Digest - October 20th

TI Research

OKEx Announces Relaunch of Jumpstart, First Project is Gods Unchained; Fixed Rate Lending Protocol Element Finance Closes $3.2 Million Series A Funding Round; Solana On-Chain Asset Management Tool Sonar Announces Starting Partner List

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


Solana

DeFi

Derivatives

TI Research

TokenInsight is a data and research organization for the digital asset market. TI provides comprehensive asset-related data and comprehensive and timely information and research services for digital assets.