The DeFi Drop | Bittrex Exchange

Each week, we’ll round up the hottest news across the DeFi ecosystem to help you keep up to speed. 

Collins Dictionary announced its word of the year for 2021: “NFT.” (Collins) 

The cofounder of SushiSwap 0xMaki is joining “DeFi 2.0” project Tokemak as a Chief Strategy Advisor. Tokemak is a decentralized market-making and liquidity provision protocol commanding a ten-figure total value locked (TVL) and is designed to address inefficient liquidity provision and inflationary token incentives in DeFi. (TheDefiant) 

HumanDAO, a decentralized autonomous organization connecting play-to-earn (P2E) gamers with digital asset owners, has announced it will hold a public sale for its forthcoming governance token HDAO on Dec. 1. (HumanDAO Medium) 

StarkNet is a permissionless decentralized rollup operating as a layer 2 (L2) network atop Ethereum. StarkNet allows any dApp to achieve unlimited scale for its computation, without compromising Ethereum’s composability and security. This week they released their Alpha from testnet to mainnet, inviting developers to build and users to bridge. (StarkNet Medium) 

DeFi and NFTs are getting smarter about the way they’re including charitable giving, down to the code. (CoinDesk) 

Budweiser is joining the DeFi game. How? By buying a ENS username and using it as their display name on Twitter: “beer.eth”. (Twitter) 

OMIC, the native coin of decentralized reserve currency protocol with the same name as the newly detected COVID-19 variant Omicron, picked up a bid near $70 late Friday and rose as high as $711 on Sunday, according to data from Crypto.com. (Coindesk) 

A transaction on the Solana network takes less energy than two Google searches and 24 times less energy than charging your phone, according to a Thursday report by the Solana Foundation. (CoinTelegraph)