The Derivatives Protocol IPOR Has Launched v2 Version on the Ethereum Mainnet
On October 14th, derivative software developer IPOR Labs launched version 2 of the IPOR protocol on the Ethereum mainnet, with new features including custom APR with zap, stETH pool, extended term structure, and upgraded spread model.
As previously reported by Jinse Finance, IPOR Labs completed a $5.55 million financing round last April, led by Arrington Capital.
Today's Panic and Greed Index is 47, with the level turning from Panic to Neutral
According to today's Panic and Greed Index, the index is 47 (44 yesterday), and the panic level has decreased, changing from panic to neutral.
Note: The panic index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market surveys (15%) + bitcoin's proportion in the entire market (10%) + Google keyword analysis (10%).
Cosmos Ecological Liquidity Staking Project Stride Temporarily Shelves Plans to Convert STRD to ATOM
Cosmos ecosystem liquidity pledge project Stride will suspend its plan to convert its native token STRD into ATOM, the token of the core blockchain of the Cosmos ecosystem, Cosmos Hub. Just nine days ago, Vishal Talasani, co-founder of Stride Labs, proposed at Cosmoverse in Istanbul that Stride should merge with Cosmos Hub.
However, the team stated: "After a week of public discussion, the Cosmos Hub+Stride community has suspended the STRD/ATOM conversion, which can be considered shelved, but not completely abandoned."
Algorithmic Stablecoins: Will They Ever Find Enough Support?
Algorithmic stablecoins, as their name implies, are cryptocurrencies that use algorithms to maintain a stable value instead of being backed up by any sort of reserve asset as collateral. However, in reality, some algorithmic stablecoins have struggled to maintain a stable peg, while others have failed catastrophically.
Perpetual options DeFi protocol Panoptic releases beta version, allowing users to trade options on Uniswap V3
The test version of the DeFi protocol Panoptic perpetual option trading platform allows users to trade options on any asset provided on Uniswap V3.
Earlier news, DeFi protocol Panoptic completed a $4.5 million seed round of financing, led by Gumi Cryptos Capital, with participation from Coinbase and others.
Metamask’s Fee Income in the Past Month Reached US$1.23 Million, Approximately 60% of Which Was Contributed by Symbolic Capital
October 13th, according to Scopescan monitoring, Symbolic Capital conducted 2 transactions through MetaMask in the past 2 hours, with a total amount of $4.15 million, contributing $34,000 in transaction fee income to Metamask (fee rate 0.875%).
In the past month, Metamask has earned $1.23 million in transaction fee income, of which approximately $740,000 (about 60%) came from Symbolic Capital.
Alameda’s biggest profit comes from DeFi liquidity mining
User X Wazz posted that Alameda's biggest source of profit comes from DeFi liquidity mining. Wazz stated that in an interview in 2021, SBF mentioned redirecting 80% of Alameda's resources to liquidity mining because it is an easy way to make money. Alameda invested $5 billion in DeFi liquidity mining without doing proper due diligence, hastily authorizing those pool2 contracts. Alameda earns $2-4 million in each Binance Launchpad new coin offering and receives three million DYDX rewards every day.
DeFi Protocol Wagmi Protocol Launches on Kava Blockchain
DeFi protocol Wagmi Protocol has announced its launch on the Kava blockchain. Users can stake WAGMI tokens and convert them to sWAGMI to earn fees. sWAGMI holders are eligible to share the fee distribution of the Wagmi Protocol. The protocol charges a 20% fee, which is then distributed to sWagmi holders.
The Founder of Curve Just Received 11.85 Million CRV From the Vesting Contract
Scopescan has monitored that Curve founder Micheal Egorov has just received 11.85 million CRV (worth $5.08 million) from vested contracts. Based on the cash-out schedule and the current price of CRV, Micheal can receive: 548,600 CRV per day (worth $235,000), and 16.7 million CRV per month (worth $7.16 million).
Stablecoin Trading Project Platypus Is Suspected of Being Attacked, Resulting in a Loss of Approximately US$1 Million
According to PaiShield monitoring, stablecoin trading project Platypus Finance has reportedly suffered a hacker attack, resulting in a loss of about $1 million AVAX.