Daily Crypto NewsEDITION #16, 03 November 2021

Yield Duck: The market is killing me...I love it! Edition №16

Hey Moni Maker

My leg hurts, my ass hurts, my arm hurts... you think it's old age? No, I...AM...the experienced pirate and mercenary got tossed around in the goddamn market waves!

The guys from Delta.Theta и Moni Talks are here - they say, Yield Duck, be careful...or else who'll look after Farm Milka? Yeah...

All right, let's go to the market. I'll rest later. This is Yield Duck, Farm Milka Ranch. Let's walk!

What's up, dudes? It was a sweet week: we now have two ETFs, monies are pouring into the industry, and many things were at historic highs—for example, open interest in BTC and ETH futures. The DeFi market is reacting: TVL is at its highest, but capitalization is frozen at the highs. Are we waiting for bitcoin at 70?

Let's congratulate ETH on its new TVL haul! Most of the projects showed growth for the week, and MakerDAO came out on top.

Champion of the week: MochiFi (+393%)

BSC demonstrates a pathetic semblance of growth, too intense competition among blockchains. The developers proposed to burn BNB like ETH. Let's see how this will affect the ecosystem.

Gainer of the week: AcryptoS (+122%)

SOLANA has no exponential growth but continues to grow anyway. The token reached ATH during the week and moved up to 6th place in the ranking.

The beauty of the week: Solend (+80.36%)

TVL POLYGON should become a stablecoin! Everything is so stable... This week they decided to invest in one of the largest Asian NFT-marketplaces - Colexion.

Consolation of the week: mStable (+87.72%)

If the dynamics remain similar, AVALANCHE may catch up with BSC soon...Btw, it integrates with Ampleforth.

Leader of the week: Wonderland (+44.41%)

FANTOM has not yet returned to the previous dynamic. Apparently, all the developers are at a conference right now.

The project of the week: Tomb Finance (+239%)

Projects' News

1INCH

1inch, the native token of the popular aggregator 1inch DEX, pumped nearly 100%. The cryptocurrency hit a new all-time high of $8.65 (according to CoinGecko). The price has now been corrected slightly.

NEAR Prorocol

The Near Protocol smart contract ecosystem has committed $800 million to new funding initiatives to expand DeFi's capabilities. A little later, they announced a partnership between NEAR and blockchain data indexer the Graph.

Immunefi

DeFi Security platform Immunefi announced it had raised $5.5 million from a group of 11 institutional investors, including Blueprint Forest, Electric Capital, Framework Ventures and Bitscale Capital, as well as several individuals. Immunefi will use the proceeds to develop its DeFi security services, secure assets in smart contract protocols, and introduce financial incentives for so-called "good" hackers.

Mirror protocol

Terraform Labs CEO, and Mirror Protocol creator Do Kwon is suing the SEC. The company insists that the SEC violated the confidentiality of its investigation into the "Mirror protocol." Kwon and Terraform Labs are fighting the U.S. regulator after Kwon was served two subpoenas last month. In September, the suit cites an incident at Messari's Mainnet conference in New York (the subpoena was sent directly to the forum).

And now I'm going to share some interesting farming ideas with you. I've listed them down into three parts by risk profile: low, medium, and high (IT’S REALLY DANGEROUS).

Even though Delta.Theta did a good analysis, DYOR on your part is necessary! DYOR is a f@cking mask when you walk into a store! You can't go into projects without it! Gooooo!

Low Risk

Very, very good numbers for stables. You can try it, but carefully.

Medium Risk

SolFarm has become Tulip and this is what it offers you:

High Risk

This Martian farming car looks very tempting! But no less dangerous!

Anyway, if you lose the money, don't even think about coming to my ranch. I'll cut your ass off and you won't be able to sit in crypto anymore. All right, I'm kidding. I'm gonna go finish my milk and go to sleep.

Follow my homies everywhere. Otherwise, there won't be any more digests!

Delta.Theta: Twitter and Telegram.

Moni Talks: Twitter and Telegram. And leave your feedback in the chat. If you don't, I'll shoot you in the face. See, farmer.