Daily Crypto NewsEDITION #352, 26 July 2022

Gem City pumps DeFi TVL

Hey Moni Maker 👾

Today in Gem City, citizens took to the streets of the metaverse to show everyone how much money they had locked at TVL DeFi. Each resident had an NFT plaque with them with a number.

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– Symbiosis testnet
– Celer cBridge ivent

1) Altimatum whitelist

Are your tastes very specific, and have you always wanted DeFi-futures? Today we have a project that can make you happy! Its name is Increment. The guys offer improved security, capability and lower transaction fees by settling transactions on zkSync 2.0.

Using pooled virtual assets and the AMM Curve V2 trading engine, Increment allows traders to open long or short leveraged exchange rate positions. As the "virtual" part implies, there are only virtual balances in Curve V2 AMM. Liquidity providers contribute real funds, and the system will mine the appropriate amount of virtual assets into AMM for trading.

You can DYOR by this link

Is your Metamask already howling from testnets? Give it a rest. Today we're going to explore some exotics places where no foxes have ever been. We'll put new wallets on mysterious and not-so-mysterious blockchains, dig into innovations, and cover our meta bodies with testnets. 3 in 1 :) 

🦑 Manta Network. Privacy in web3 likes these hommies. It works with Polkadot wallet, so if you missed the fun with parachain auctions, you could play now.

🦧 Kyve Network. Korellia is not where Han Solo is, but the testnet of the KYVE project. What's Kyve? It's the kind of protocol that standardizes, validates, and stores data. You'll need a Keplr wallet to use it.

🤠 Orderly Network is a decentralized exchange protocol without access rights and a modular ecosystem based on NEAR. 

So.... what's the news? CZ is suing Bloomberg for defamation, the SEC is getting even angry at Coinbase, and in the world of the nocoiners Elon Musk is accused of having an affair with the wife of Google founder Sergey Brin. Ugh, We're not in the mood to focus on some bullshit, let's get to t; howod news today, how do you feel about it? Yeah, great. 

Be[In]Crypto researched DeFi TVL is up $10 billion. Here are the numbers: 

TVL DeFi July 1 = $72.6 billion

TVL DeFi now = $81.93 billion    

Ethereum is in the lead: its TVL rose from $46 billion to $52 billion.

Of course, it's a stretch to call it research, cause in #YieldDuck digests Uncle Yield Duck looks at TVL every week and comments on it, recently proudly reporting on growth, for example. You can follow digests here - click  

Btw, the news is very positive.

We've already written about Aurora. And so? Here's the important thing! Today there's some exciting news from them; let's take a peek, shall we?      

So, Aurora Labs is introducing Vote, a decentralized management platform that allows the community to self-manage the protocol. This happens through $VOTE tokens, which you get for the $AURORA staking. The more tokens are locked =, the more rewards you get.

Once you get $VOTE, there are two options: you can vote directly to elect a new DAO member or give your $VOTE tokens to an outside delegate to vote for you. DYOR? Grab the link!

⚽️: Telegram and Twitter! And download the Moni app :)