Top 10 DeFi Updates | IoTeX and Cartesi Partnership | December Week 1

The decentralized finance (DeFi) space has continued to garner the attention of enthusiasts worldwide.

At Altcoin Buzz, we have compiled ten top DeFi updates that took place last week. These DeFi updates include product launches, strategic partnerships, etc. Origin Protocol integrating Chainlink Keepers and the Katana Free NFT lottery launch are some of these top DeFi updates.

1 – Coinhub Wallet Partners With DForcenet

The popular multi-chain wallet has announced details of a strategic partnership with DForcenet. The partnership will facilitate interoperability in carrying out important features like trading, lending, etc. in the DeFi space.

CoinHub is also popularly known for its top-notch community and as a professional data platform.

2 – tofuNFT Partnership With Heroes of NFT

tofuNFT, formerly known as SCV Finance, recently partnered with the Heroes of NFT platform. tofuNFT is a popular NFT marketplace for GameFi, etc. on both BSC and Polygon. Thanks to the partnership, the Heroes of NFT cards will be fully supported on the tofuNFT marketplace.

3 – Chainlink Keepers to Provide Support for Origin Dollar

Origin Dollar recently enlisted the support of Chainlink Keepers. Chainlink Keepers is a decentralized platform providing automation to smart contracts. The partnership will provide Origin Protocol’s OUSD token with predefined and automatic rebasing and harvesting features.

According to reports, automatic rebasing of OUSD will take place at 11 pm PST daily. This, in turn, will make OUSD rebasing more predictable and therefore more user-friendly.

4 – Katana Free NFT Lottery

Solana-based yield generation protocol Katana recently went live on Devnet. Interestingly, the platform also launched an NFT lottery for early users.

Participants only had to like and retweet the announcement post and then fill out a form. Interested persons were also advised to leave feedback to increase their chances of winning the lottery.

5 – NFTrade Advanced Trading Platform

Last week, NFTrade announced the upcoming launch of its much-anticipated advanced NFT trading platform. The platform will include order book functions as well as a feature to increase NFT liquidity. Also, navigating NFT trading, in general, will be so much easier thanks to the platform’s launch.

6 – Chainlink Price Feeds Now on Project SEED

GameFi Metaverse ecosystem Project SEED recently integrated Chainlink price feeds. Thanks to the partnership, Project SEED will enjoy real-time rates for its NFTs using Chainlink price feeds.

7 – Astar Now Polkadot’s Third Auction Winner

Astar Network, formerly known as Plasm, is a multi-chain Build2Earn smart contract hub built on Polkadot. Last week, the Build2Earn platform won Polkadot’s third auction.

According to reports, Astar will be onboarded on December 18, 2021, at block height 8179200.

8 – Pangolin Strategically Partners With NFTrade

Pangolin, a DEX platform built on Avalanche, recently partnered with NFTrade. NFTD token liquidity is also now available on the Pangolin DEX platform. Thanks to the partnership, Pangolin has also launched a PNG token incentivized farm.

9 – VRJAM Partnered With

Metaverse platform for music VRJam recently partnered with NFT platform Enjin. Thanks to the partnership, VRJAM will be able to launch a VR world designed to offer solutions to artists. Giving them the opportunity to monetize their music.

10 – IoTeX and Cartesi Partnership

Last week, popular IoT platform IoTeX strategically partnered with Cartesi. The partnership will help bridge the gap between real-world machine data from IoTeX and blockchain technology from Cartesi.

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