Daily Crypto NewsEDITION #659, 26 December 2022

NFT collections are looking for a new homeland

Hey Moni Maker 🧠

Today, in 2012, they launched the Beijing-Guangzhou high-speed railroad in China. We have already written a hundred times that the goal of humanity is to be faster. 

Planes, Peregrine Falcons, teleports...well, we are far from teleports yet. In other words, everyone wants to be faster. But often, in this pursuit of (success? | other people's approval? | and happiness? |), we lose ourselves. Don't lose yourself. 

Let's go! 

We are talking about y00ts and DeGods. In fact, two of the top two collections on Solana (look at OpenSea - proofs) will move to Ethereum and Polygon next year. 

y00ts are going to Polygon

In the replies, people are either burying Solana or swearing at Polygon. Well btw, that's the sentiment we have.  

And DeGods are moving to Ethereum

"Do you want to become one on Ethereum and stop being the best on Solana?" - asks one follower rhetorically. Yes, apparently, they do. 

So what?  

The projects probably don't have any insider information. They just decided to play it safe. Well, and y00ts, we understand, looking at the hype around Polygon. Whether Solana will die is not up to us but to the market and the devs. But we advise you not to listen to any FUD without reason and finally buy a Christmas tree and a couple of garlands at home. It will be more beneficial than arguing with someone on the Internet. 

While you're waiting for Santa Claus and reindeer, because there's nothing else to wait for, the unicorns from 1inch are carrying the Fusion update on their shoulders, strengthened by the battles with bears. 

In a nutshell, Fusion allows you to exchange tokens for different DEX'am without commissions. In more detail:

a) There will only be three modes in the Fusion update

b) Fast, Fair and Auction - all of them will meet the needs of both degens, who urgently need to buy
a shitcoin and those who want to make the most profitable swap

c) And yes, since Fusion is based on 1inch, there will be plenty of liquidity for swap

Well, you'll find out more in the 1inche channel - click to read

DAO - is a Decentralized Autonomous Organization. That is, it is a group of people passionate about a common goal but do not have a single decision-making centre. In short, democracy! The DAO takes all steps in the development of the project through proposals. The DAO members vote for or against a proposal using project tokens.

And more you can find in our Glossary!        

    ⚽️: Telegram and Twitter! And do not forget to download the Moni App :)