Decentralized Finance (DeFi) is truly at the forefront of adoption for the entire blockchain and cryptocurrency space.
To keep our readers informed of happenings in DeFi, we have compiled ten of the top DeFi updates that took place last week. For example, these DeFi updates range from project updates, to project launches, to strategic partnerships.
A couple of these updates include:
- Doll NFTs integrates Chainlink Price Feeds
- and Republic realm investment in Dvision Network are some of last week’s top DeFi updates.
So let’s take a look.
1. Lossless Partnership With PAID Network
The world’s first-ever crypto hack mitigation tool Lossless entered into at least three (3) different partnerships last week. In fact, its third partnership is with PAID network. According to reports, PAID Network is the newest of the three to join the Lossless ecosystem.
As promised, partnership no. 3 this week! 📣
Partnership details ⬇️ https://t.co/dA28NzeP7Q
— Lossless (@losslessdefi) December 10, 2021
2. Doll NFTs Integrates Chainlink Price Feeds
Solana-based NFT gaming project Doll NFTs has integrated Chainlink Price Feeds. The partnership will help improve user experience on the Solana-based gaming platform.
First, Doll is a Play-to-Earn (P2E) NFT gaming platform. Its partnership with Chainlink will provide the platform access to reliable price feeds for both its Doll Society and all Doll users. So with Chainlink Price Feeds, Doll Society members will have access to real-world market value.
🚨DOLL SOCIETY UPDATE🚨
— Doll Society (@DollNFTs) December 9, 2021
3. Wanchain Partnership With Epicenter
Next, blockchain interoperability solution platform Wanchain entered into a strategic partnership with Epicenter. Epicenter DAO will make use of Wanchain’s system to bridge their three tokens.
4. tofuNFT Partners With MetaWars
NFT marketplace tofuNFT formerly known as SCV Finance has partnered with MetaWars. MetaWars is a role-playing game (RPG) built using blockchain technology.
And the partnership allows the trading of MetaWars NFTs on the NFT marketplace.
🎉We are excited to announce an official partnership with @MetaWarsNFT, a multiplayer strategy / roleplaying game with a vast universe powered by a growing digital economy built on blockchain technology.
— tofuNFT📛formerly SCV.finance (@tofuNFT) December 10, 2021
5. Republic Realm Invests in Dvision Network
Republic Realm has strategically invested in Dvision network by LAND acquisition. The metaverse real estate ecosystem is one of the leading investors in the metaverse. It also currently holds 18 top-notch 3×3 lots in the Dvision metaverse. In fact, they are currently priced at $700,000.
We are thrilled to announce that @joinrepublic_re has invested in Dvision Metaverse through the large LAND Lot acquisition! 😎#Republic Realm currently holds 18 most premium 3×3 LAND NFTs valued at $700,000 😍
— Dvision Network (@Dvision_network) December 8, 2021
6. MyDeFiPet Partners With Deri Protocol
Last week, virtual pet game MyDeFiPet and Deri Protocol announced a strategic partnership. The partnership will launch a GameFi integration. After, they expect the partnership will create the first-ever DPET derivative market in the DeFi ecosystem.
Stay tuned! 🔥https://t.co/zmNHFktNLj
— Deri Protocol (@DeriProtocol) December 6, 2021
7. Polygon And Wanchain Partnership
Then we have Polygon who is partnering with Wanchain. According to reports, the partnership will facilitate the launch of an L-2 to L-2 cross-chain bridge.
The cross-chain bridge will further help to connect Arbitrum and Polygon PoS. And it will also help to boost interoperability in the blockchain and crypto space.
🚀 This bridge enhances Polygon’s growing suite of solutions including Hermez, SDK and Avail.
👇 Read more 👇https://t.co/sL1hpzWKur
— Wanchain (@wanchain_org) December 7, 2021
8. Meland.ai MELD Tokens Now on MEXC Global
Learn-to-Earn Massively Multiplayer Online Role-playing Game (MMORPG) Meland.ai $MELD tokens are now available on MEXC Global.
Currently, MELD tokens can easily be traded on one of the most active crypto communities.
📣$MELD is Now Listed on @MEXC_Global
— Meland.ai (@meland_ai) December 7, 2021
9. Poolz ($POOLZ) Now on Orion Terminal
Further, Orion Terminal, the world’s first decentralized gateway to the crypto space has added support for Poolz native token POOLZ.
Now, interested persons can swap and trade POOLz tokens directly from their wallets. They also have the opportunity to provide liquidity and earn about 0.3% of pools fees.
— Orion Protocol (@orion_protocol) December 8, 2021
10. Harmony (ONE) Adds Support For AAG Ventures
Our last update for the week, AAG Ventures is the first-ever project to receive support from Harmony (ONE) protocol. Interestingly, Harmony also partnered with AAG Ventures and will provide the project with a lasting solution to its cross-chain interoperability challenges.
AAG Ventures also recently raised $12.5 million in an oversubscribed private funding round. The funding round was led by Shima Capital, Tess Ventures, and Tribe Capital.
1/ We are proud to announce that AAG Ventures is the first project to be backed by @harmonyprotocol following the announcement of their $300m ecosystem fund. #PlayToEarn #LearnToEarn #blockchain $AAG #NFTs #Metaverseshttps://t.co/OvFrpHfeyo
— AAG Ventures (@aag_ventures) December 9, 2021
So, for more, come join us on Telegram to receive free trading signals.
And in conclusion, find out more about the blockchain and crypto space on the Altcoin Buzz YouTube channel.