The decentralized finance (DeFi) space has continued to attract global attention this year. DeFi has recorded a massive price rally and an explosion of international users.
Therefore, to keep our readers informed of happenings in the DeFi space, we have compiled a list of Top 10 DeFi updates that took place last week.
1. Solv. Protocol Halloween Giveaway
To celebrate this year’s Halloween, the popular DeFi platform Solv. protocol launched a Halloween giveaway via a meme contest.
Also, according to the annoucement, 100 users will have the opportunity to receive an Impossible finance voucher on Binance Smart Chain (BSC). Interestingly, the voucher is worth $5.
👻Solv Halloween Giveaway🎃
No tricks, only a treat – if you follow the instructions!
— Solv Protocol (@SolvProtocol) October 31, 2021
2. GameFi Adds Support For Step Hero
Popular RPG Game Step Hero is now on the GameFi aggregator platform. Likewise, quite similar to Axie Infinity, Step Hero is a fantasy-themed, role-playing game with dual token economics. Its tokens, $STEP, and $HERO, are both available on BSC and Polygon blockchains.
— Step Hero (@StepHeroNFTs) October 27, 2021
3. Shiba Inu (SHIB) Now on DiversiFi
Shiba Inu receives another opportunity to reach out to more interested users. Therefore, the memecoin can now be traded on DiversiFi completely gas-free.
So what are you waiting for #ShibaArmy?👀
— DeversiFi 🥷 (@deversifi) November 1, 2021
4. DVision World Goes Live
Dvision Network announced the official launch of its DVision World. According to the official tweet, users can now enjoy the best metaverse experience possible on the recently launched Dvison World. Moreover, Dvision World also serves as a lobby, connecting all the meta-cities in Dvision Network’s world.
Dvision World is now officially #LIVE😍
It's the moment, we all have been waiting for! We bet it's worth it! Now you can have the best metaverse experience in #Dvision World!🤑
👉Check the details (MANDATORY): https://t.co/Sil35wrg6K
👉Access the World: https://t.co/DUOel1KwP7
— Dvision Network (@Dvision_network) November 1, 2021
5. dForce Partners With EntroFi
DeFi interoperability platform dForce has announced a strategic partnership with EntroFi. The partnership will help facilitate the onboard process of real-world finance and permissioned institutions. As a result, thanks to the partnership, dForce will enjoy access to many real-world institutions, extending loans to tangible assets like bonds, real estate, etc.
To power Real-world Finance and permissioned institution onboarding👏
Read it all 👇👇https://t.co/NDGSbIMtNL
— dForce (@dForcenet) October 26, 2021
6. WOO Network Partners With Chainlink
WOO network has enlisted the support of the popular oracle platform Chainlink. According to the annoucement, the partnership will provide WOO Network Pools with more accurate pricing data.
6. Along with the launch of WOOFi is the announcement of $WOO Network’s institutional market data oracle in joint R&D with @Chainlink. These oracles can help give WOOFi pools the edge they need to provide more consistent and accurate pricinghttps://t.co/xiERnNis2Q
— WOO Network (@WOOnetwork) October 31, 2021
7. Icetea Labs | LABEL Foundation Partnership
Icetea Labs has strategically partnered with the LABEL Foundation. According to the annoucement, Icetea will provide technological support to Label Foundation while also serving as one of the first advisors to Label.
We are proud to welcome @Icetea_Labs as our early strategic partner and investor!🥰
📌Our team looks forward to further engaging in multifaceted and multichain integration with leading mainnets.🔥
▶️Check out: https://t.co/awXTjqTNUo
— LABEL Foundation (@LABELFoundation) October 29, 2021
8. Harvest Finance Launch Synthetic Stablecoin Vaults
Harvest Finance, in conjunction with Jarvis Network, has launched four new synthetic stablecoin vaults. According to the annoucement, Staking now will require very low fees and APYs between 30% – 430%.
Forex Yield Farming is here 🔥
✅ Low staking fees
✅ 30% – 430% APYs
✅ Fiat on-ramp to jFIAT stablecoins
How to get started 👇https://t.co/mM72l8WnoD
— Harvest Finance (@harvest_finance) October 27, 2021
9. Another CryptoPunk Makes History
Last week, popular NFT CryptoPunk #9998 was sold for USD 532 million. CryptoPunk is unique in that it is a Female punk with Wild White Hair. Therefore, it is also one of the 617 Black Lipstick punks and one of the 382 Green Clown Eyes punks.
— CryptoPunks Bot (@cryptopunksbot) October 28, 2021
10. Crypto.Com Partners With Water.org
Last week, the popular crypto fintech platform, Crypto.com is now integrated with the Solana Foundation. Also, according to an official tweet, users will deposit and withdraw USDC in that blockchain and BSC, Arbitrum, and Polygon.
Deposit and withdraw $USDC via Solana, in addition to ERC20, BEP20, Arbitrum and the Polygon Network
*Available on both Exchange Web and App.
— Crypto.com (@cryptocom) October 28, 2021
Moreover, we hope you’ve enjoyed the Top 10 DeFi Updates of the last week of october.
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