Daily Crypto NewsEDITION #297, 09 May 2022

Gem City begins embedding NFT in eyes

Hey Moni Maker 👾

The Gem City DAO announced today that it would begin embedding special chips in heads that will make it possible to view your NFT collections on all blockchains around the world. Initially, the chips will be tested by a special group of people; after successful tests - the chips will appear in the public domain.

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 Ondo Finance on Coinlist дедлайн реги 12:00 UTC

1) https://rift.finance/

Yes, another NFT platform. But is it just another one? Let's find out! Blur is the kind of NFT marketplace that wants to give you real-time trading. NFTs will have to pull up lightning fast, listings will happen in seconds, and the portfolio will display NFTs, P&Ls (profits and losses) and active listings. The project team has worked at MIT, Five Rings, Square and Brex. 

The guys are in beta with a whitelist that is not easy to get into. But if you get an invite, you should be rewarded.

DYOR? The project itself is right here

Curve Finance is a DeFi exchange on Ethereum. Aurora is an EVM (Ethereum Virtual Machine) on NEAR. Doesn't it go without saying? Well, here we go! 

Yesterday the guys from Curve integrated their product into Aurora. Now users can connect to the Aurora network via their Ethereum wallets like MetaMask and others. And, of course, get access to liquidity pools! According to the press release, Proximity Labs, NEAR's DeFi hub, will give Curve up to $7.5 million in grants to help this integration. 

There are a lot of DAOs on the market right now with their tokens that anyone can buy. But what if a DAO needs to borrow $1M somewhere but has its tokens only? Sell them and dump the price, upsetting the users? Bad idea.

Porter Finance allows DAOs to get funding through bonds. Generally speaking, these bonds allow a DAO to borrow stablecoins at a fixed interest rate without liquidation, putting its tokens as collateral.

In turn, the lenders (we) lend these stablecoins. If the debt is not repaid at the end of the term, the creditors can redeem the tokens at a lower price. The project itself is here.

Btw, Porter Finance recently raised $5M from Parafi Capital, Dragonfly Capital, Nansent and a couple of angels.

Sometimes u want to show your portfolio to the world, don't you? Or at least to your friends. Well...Moni has a solution for you :) 

- Create a watchlist 

- Make it public 

- Copy the link and put it up

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