Decentralized Auction Protocol Bounce Integrates ZetaChain for the First Cross-Chain RWA Auction
October 11th, according to official sources, ZetaChain announced that the decentralized auction-as-a-service platform Bounce Finance has integrated with the ZetaChain testnet. Currently, anyone can launch and participate in decentralized auctions on the ZetaChain testnet through the Bounce application. With the future integration of Bounce and ZRC-20, users will be able to auction any token on any chain (even native BTC), unlocking a new level of cross-chain access and liquidity.
It is reported that ZRC-20 tokens are an extension of the standard ERC-20 tokens in the Ethereum ecosystem, adding the ability to manage assets on all ZetaChain connected chains.
Trader Joe's sues DeFi platform for copyright infringement
Trader Joe's grocery chain is attempting to shut down the DeFi platform Trader Joe for copyright infringement and is seeking all profits from the platform as damages. The grocery chain is also insisting that all affiliated websites be seized and the platform permanently shut down. Last year, the grocery chain filed a complaint with the United Nations' World Intellectual Property Organization (WIPO) to seize the platform on the grounds that it capitalized on the name "Trader Joe's," but the case was thrown out. The lawsuit filed last week in the United States District Court Central District of California alleges that the crypto traders were dishonest about the project's name.
Silo Finance’s Proposal to Apply for 1 Million ARB Incentives Has Reached the Legal Vote Threshold for Passing
On October 10th, Silo Finance, a decentralized lending protocol, proposed a Short-Term Incentive Plan (STIP) to apply for 1 million ARB tokens on Arbitrum. As of the time of writing, the proposal has received 76 million supporting votes, surpassing the required threshold of 71.51 million votes for approval.
LSDFi: The Status Quo and Future Prospects
In summary, as an integral part of the public chain ecosystem, the LSDFi sector requires simplified staking processes, the introduction of security measures, and improved governance and consensus mechanisms to enable long-term health.
Can Mesh Security Vitalize the Osmosis Ecosystem?
Appchains allow application developers to control and customize various aspects of their blockchains to meet specific needs and achieve optimal results. This article will look at a notable appchain project, Osmosis, and discuss why it’s worth paying attention to and how its journey of innovation will unfold in DeFi.
Portfolio Insights: Enabling Omni-chain Liquidity with Rage Trade
Rage Trade’s key innovations such as Recycled Liquidity and 80–20 Vaults allow for a liquid trading experience for users, together with its Delta Neutral Vaults that provide yield for stakers. Backed by a strong team focusing on sustainability and security, we are confident in Rage Trade’s success.
The Complete Guide to GLP Wars
Instead of relying on excessive token emissions, Real Yield protocols provide yield through actual protocol revenue. Likened to profit sharing, protocol revenue is typically from trading fees in the protocol.
Why We Invested in Pendle
Pendle’s approach to using a standardised token standard for yield bearing assets makes it easy to integrate more yield-bearing assets in the future, and it unlocks composability for other DeFi protocols to build upon or integrate with it.
3 Paradigms in Web3 Social
TowneSquare is a Web 3 native social network “everything” app that Bixin Ventures invested in. The TowneSquare team is building an ecosystem of application and infrastructural primitives to enable the value network experience described above.
Zunami Protocol, a decentralized stablecoin income protocol, completed angel round financing, with Cream Finance and others participating in the investment
Decentralized stablecoin yield protocol Zunami Protocol has announced the completion of its angel round financing. Cream Finance, Curve founder Michael Egorov, C2tp (Convex), Hubert and other Stake DAO contributors, Mr.Block (Curve), Paul (Concentrator), Winthorpe (Convex), and cp0x (Yearn multisig signer) participated in the funding, and the specific amount of funding has not been disclosed yet. The new funds will be used to develop Zunami V2 and undergo a comprehensive audit by a leading and reputable audit company. The project also announced that Zunami V2 is expected to be released in November 2023.
