Top 10 DeFi updates August week 4

As a result of Decentralized Finance (DeFi), financial transactions have been completely rearranged. However, despite its relative youth and embryonic status, this really creative sector has rocked and changed the world’s financial sphere, generating many DeFi updates almost every day.

To keep our readers informed, we have compiled some of last week’s top DeFi updates. Therefore, DeFi updates like Harvest Finance and the launch of its two new vaults, Busta IDO on Samurai and Reef Finance Ledger wallet giveaway event.

1. Busta IDO on CyberFi Samurai

Popular immersive eGaming platform built on Binance Smart Chain (BSC) Busta has announced the launch of its IDO on CyberFi Samurai launchpad. In addition, the IDO went live on August 24 at exactly 14:00 (UTC) and ended on August 26, 2021, at 14:00 (UTC). Therefore, the token generation was also scheduled for August 31.

2. Neuramon Now on Polygon

Neuramon, a digital collectible NFT game, is now available on the popular decentralized blockchain platform Polygon. On August 25, 2021, the NFT gaming platform was released, and the sale of booster pack NFTs began at 3 p.m. the same day (UTC). For instance, each booster pack will contain 7-8 unique Neuramon, where the booster packs will also be available for sale for only 151 days.

Above all, Neuramon is an NFT collectible card game with neural-generated battle monsters.

3. Ferrum Network Integrates Polygon Early BUILD grant Launches

Ferrum Network received an early BUILD grant from the popular DeFi platform Polygon (formerly Matic). Moreover, the grant was received about one month ago, and Ferrum will utilize it to become a leader in the cross-chain tech space.

4. Reef Finance Ledger Wallet Giveaway Event

According to Reef Finance, their users may now participate to win one of ten unique, personalized, and Reef Finance branded Ledger Nano S hardware wallets. Likewise, the giveaway event rewards Reef Finance community members for their unending support.

5. Wanchain Partnership With 4everLand

Wanchain, a renowned decentralized blockchain interoperability solution platform, announced today a strategic partnership with 4everLand. For instance, the partnership will help provide Wanchain with a top-notch DWEB hosting service, where 4everLand provides developers with unrestricted and easy access to the entire Web 3.0 suite.

6. SingularFarm Now on Binance Smart Chain (BSC)

The next-generation DeFi platform SingularFarm is now live on Binance Smart Chain (BSC). Therefore, the partnership will boost yield farming for the DeFi platform SingularFarm.

7. Wanchain Partners With CyberFi

Blockchain interoperability solution platform Wanchain has strategically partnered with CyberFi, which will provide CyberFi with top-notch cross-chain interoperability. For example, CyberFi users will be able to easily move their CFi token across Ethereum, Binance Smart Chain (BSC), and Wanchain.

8. Harvest Finance Launch Two New Vaults

The automatic DeFi yield farming platform Harvest Finance has launched two new vaults in partnership with Phuture Finance.

Certainly, the vaults include PHTR/ETH and PHTR/FARM. Therefore, both farms will also make use of Sushiswap pools.

9. Ferrum Network Launches Iron Alliance

Ferrum has announced the launch of its Iron Alliance. Firstly, the alliance is aimed at facilitating collaboration among partners, clients, and projects. Due to Ferrum’s reliance on the performance of its ecosystem, which is comprised of a variety of initiatives, partners, and clients. Therefore, the Iron Alliance was born.

10. Centaur Swap Goes Live on Polygon

Last week, those who participated in the Centaur advertising effort earned four times their regular WHEY earnings. That is to say, the campaign took place for 24-hours at Polygon block height of 18480500.

Above all, join us on Telegram to receive free trading signals.

Finally, find out more about the blockchain and crypto space on the Altcoin Buzz YouTube channel


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.