Daily Crypto NewsEDITION #105, 21 July 2021

Degen Stuff: What will make Gem City strong? Edition #105

Hey #Moni Maker 🐸

Today, Gem City Hall asked citizens to make blockchain messages and put the anon failure stories there. Mayor said people should see that failures don't kill, but make them stronger. Cool flashmob!

Our Telegram and Twitter will do it too. They can do it for you also, because...

We appreciate your Time. Time is Moni.

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

1️⃣ Scaleswap IDO on July 21 at 10:30 am UTC;

2️⃣ Kustarter today;

3️⃣ HOF Goats drop.

1️⃣ CoinBurn IDO on PolkaStarter WL - up to 22.07;

Is it a good way to start this Digest? Yes!

Nifty Island is a new virtual world like Decentraland and so on.

The project is young, but who knows what will happen next? DYOR! And we continue!

Delta.Theta provided its new report on market. As always, you can check it and know more about the previous week!

Don't forget, that today we'll post our analytical farming digest, which we made with Delta guys :) Don't miss it!

Meet Umee! Umee connects users to create lending and borrowing positions. DYOR!!!

Recently the guys raised $6.3 million. The round was led by Polychain with investors ala Ideo Colab, Coinbase, Tendermint, Brian Kelly Capital Management, Alameda Research, CMS Holdings, Argonautic Ventures and Joe Lubin through Ethereal Ventures.

Follow the project on Twitter and website.

Polygon Studios has a really minimalistic website. Anyway, Polygon Studios can become a home for top builders, creators, artists, and investors in the NFT ecosystem and the go-to platform for IP Owners and large Web2 franchises looking to venture into Web3.

What can community get?

360-degree building and launch support for Blockchain games and NFT teams;

Facilitating the launch of big brands and franchises on Polygon;

Play to Earn opportunities for gamers.

Sounds cool!

Highlights:

After months of bluster and braggadocio, decentralized finance (DeFi) platform Sushi is finally revealing the long-awaited “7/20” project update — but it remains to be seen whether the new product will live up to the hype. 

Taking the stage at the Ethereum Community Conference in Paris, Sushi CTO Joseph Delong pulled back the curtain on a new hybrid automated market maker (AMM) called Trident.

Trident will feature four AMM models, including constant product pools similar to the current SushiSwap, hybrid pools similar to Curve that allow for the efficient exchange of like-kind assets such as stablecoins, concentrated liquidity pools similar to the functionality Uniswap v3 offers, and weighted pools similar those available through Balancer.

Read more.

DROPS is a partner of Ejnin now. Why?

Drops is pleased to give new utility to Enjin-powered ERC-1155 tokens by supporting them with a specialized integration in the Drops protocol.

Drops users will be able to utilize their NFTs and in-game items without having to sell them, in order to borrow a range of popular Ethereum-based assets, including stablecoins. Borrowed funds can be used for a multitude of strategies such as yield-farming, a feature which will eventually be streamlined in the protocol via Drops Vaults.

The ENJ token will also be whitelisted for use as collateral within the Drops loans protocol, allowing users to borrow a range of supported assets against their ENJ holdings, including USDC, ETH, and WBTC.

As a multi-chain platform, future plans for Drops include integration of Efinity, Enjin’s upcoming Polkadot-based blockchain for NFTs. Drops also plans to enable Loans product access via the Enjin Wallet, a leading crypto & NFT app which has been downloaded over 2.3 million times.

Medium will tell you more about these two project and their partnership, ofc

Every fail will make us stronger!

⚽️: Telegram and Twitter!