Daily Crypto NewsEDITION #362, 09 August 2022

Gem City stands with Influencers

Hey Moni Maker 👾

There's a new rally today in Gem City. People are taking to the streets of the metaverse to show that they stand with Influencers who didn't shill shitcoins but educated the community, which responded with lawsuits for bad investment decisions.

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– Symbiosis testnet   

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Okay, now let's talk about liquidity, huh? Cometa solves the liquidity problem with DAO management. Cometa's goal is to help projects effectively increase their tokens' liquidity and introduce stable investment tools for DeFi users. As always, let's take a closer look right now.

The main feature is Liquidity-as-a-service (LaaS). It is a protocol that restructures incentives and risks to increase liquidity in DeFi. It allows projects to acquire the liquidity they want much cheaper. At the same time, it provides a more attractive risk-to-reward ratio for liquidity providers, doubling trading fees and protecting them from Impermanent Loss.

Cometa will be fully decentralized and controlled by the DAO. $META will serve as a management token under the ve-tokenomics model. 

The DAO decides:

– Which projects to take;

– Where the additional $META incentives will go;

– Protocol parameters, such as the percentage of fees and distribution.

To be eligible to participate in the voting process, a user must lock the $META tokens and receive $coMETA. $coMETA owners can vote and also receive a portion of all fees charged by the protocol in $META tokens.

DYOR? Grab the link here

Continuing to follow the spirit of the time and trends, we picked up premints without a "hold 0,01 ETH" narrative to let everyone participate in this crazy journey. DYOR and be aware, please, as we always underline...use the wallet you chose especially for such cases, not one in which you hold all your money. 

⚔️ The NFT War – Fabulous pixel art and no info at all. As we get, these guys wanna launch a game about hackers...Let's take a loot. 

Mint price: TBA

Raffle time: August 13, 2022, 6:23 PM UTC

🍲 The Dip – Mr Brentson is a pretty famous artist. So he made 4444 jpegs in a pop-art style and mixed it with degenerative narrative; wow. No noname artists and interesting..hm..arts. Worth to check. 

Mint price: 0,001Ξ

Raffle time: TBC

😺 Catocalypse – 6666 cats, lots of art, and even a backstory about a civilization of cats that have been secretly living with us for millions of years. Do you like cats?! 

Mint price: 0,0075Ξ

Raffle time: August 14, 2022, 09:42 AM UTC

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