The Defi Drop Volume 25 – Bittrex.com
Each week, we’ll round up the hottest news across the DeFi ecosystem to help you keep up to speed.
Could KickStarter be a candidate for a token? The crowdfunding giant recently released a post discussing its plans to begin work on a decentralized crowdfunding platform on the mobile-friendly Celo blockchain. (The Defiant)
SushiSwap ($SUSHI) is currently in the throes of a leadership shakeup. Several core team members and leaders have exited from the project, including CTO Joseph Delong. (Yahoo)
It’s been a big year for crypto, but how many new people got into the game? A new survey from Grayscale shows that more than a quarter of US investors report bitcoin ownership in 2021. (BlockWorks)
A couple weeks ago, we told you about ConstitutionDAO pooling together over $40M to buy a copy of the Constitution. What else will DAOs try to buy? Well, a viral thread has the X Games in crypto Twitter’s scopes. (Twitter, Sahil Bloom)
Semiotic AI receives $60M grant to develop The Graph’s ecosystem. The network supports indexing data from 25 different networks, including Ethereum, NEAR, Arbitrium, Optimism, Polygon, Avalanche, Celo and Fantom. (BlockWorks)
In a recent governance vote, $AAVE token holders voted in favor of a Business License for the lending protocol’s upcoming V3 release. This means the protocol will be able to generate income from gatekeeping its code like Uniswap’s V3 model. (Twitter, Defiant)
Last week, the highest sale for a CryptoPunk was recorded on chain, valued at 2,500 ETH or $10.2M at the time of purchase. (CryptoPunk Bot)
Looking to get some exposure to metaverse wearables? Same with Nike, who just acquired RTFKT Studios, a popular NFT team that creates collectibles like sneakers and backpacks, all digital and in the metaverse. (Nike)
Polygon (formerly Matic Network) has made yet another acquisition in the ZK-rollups space, buying Mir Protocol for $400 million. This helps align the scaling solutions leader closer to the native security of Ethereum versus relying on the POS sidechain. (The Block)