Daily Crypto NewsEDITION #302, 16 May 2022

Gem City decided to take a rest today

Hey Moni Maker 👾

Today is a short rest day in Gem City - all the Gem Hunters are working as usual but a little lazy because the market isn't great, and we have to rest sometimes.

Follow our Telegram and Twitter to the market would be bullish again! And remember...

We appreciate your Time. Time is Moni.

Let’s start our daily show! Guests, come in!

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1) https://rift.finance/

Such market (💩) as we have now make us find cool solutions to survive. Let's DYOR Swell? 

– What are swNFTs? 

– How is Swell changing the staking? 

– What are the perks? 

Check the review on the website

So. We dug out a platform that will allow us to trade real items in the form of NFT and fully on-chain. Americana wants to make it so you can buy both paintings and cars and trainers using NFT. Btw, the guys sold early access to their platform through NFT, too - their SomethingToken collection did a sold-out, and NFT was minted at 0.069 ETH. Serious. 

They want to launch in the summer, so it's the best thing to dive into their discord and DYOR

Aurora is launching a fund! And not just any fund, but to support DeFi developers on the NEAR protocol. What is it, and why? 

The fund was introduced today in collaboration with Proximity Labs, the DeFi-hub of the NEAR protocol. Aurora Labs gave Proximity Labs 25 million AURORA tokens (about $90,000,000) from its DAO treasure to create the fund. 

Proximity will manage the tokens and provide grants to developers interested in building DeFi-based applications on Aurora. Such token-based funds are used by blockchain or cryptocurrency founders as a strategy to boost overall network activity.  

⚽️: Telegram and Twitter!