We’ve seen a lot of lateral trading in the cryptocurrency space in recent times. At the time of writing, Bitcoin also known as the “King Crypto” was down by 5.60% and trading at $48,514.68. But other positive things are happening in today’s crypto news.
Ethereum, on the other hand, was trading at $3,860.36 (-5.61%). This is definitely a good time to hold on to your crypto assets.
Let’s find out some interesting crypto news for today.
1. Treasureland | OpenDAO Partnership
First, cross-chain NFT platform Treasureland is partnering with the popular decentralized platform OpenDao. Thanks to the partnership, interested persons will be able to trade NFTs on Treasureland.
Also, OpenDAO will earn 50% of all $SOS token trading fees. The funds will go towards the development of OpenDao’s $SOS NFT ecosystem.
Treasureland has reached strategic cooperation with @The_OpenDAO.
Users will be able to trade #NFTs in $SOS in Treasureland. And 50% of the $SOS fees will be sent to OpenDao for $SOS NFT ecological development.https://t.co/5aYyoi4DUg
— 𝗧𝗔𝗕𝗜 🗺️ (@Tabi_NFT) December 27, 2021
2. MARS Ecosystem IDO Upcoming Launch
Mars is popularly known as a decentralized stablecoin ecosystem with three separate arms. The arms include;
- Mars stablecoin
- Mars Treasury
- Lastly, Mars DeFi protocol
The decentralized ecosystem has announced details of its upcoming Parking Infinity IDO. The IDO is set to launch on December 29, 2021. MARS Ecosystem, however, refers to the upcoming IDO as an Individual Holder Offering (IHO).
Also, find out more about the upcoming IDO here.
3. ICON Joins The Polkadot Ecosystem
Blockchain platform ICON is now a member of the Polkadot ecosystem. Previously, the platform launched an EVM-compatible platform known as ICE. Also, built on the substrate blockchain, ICE serves as a dapp hub for the entire ICON ecosystem. To further boost optimization with the Polkadot chain, ICE has announced the launch of SNOW. SNOW will serve as the personal canary network for ICE.
Both platforms will also have their unique tokens. ICE will make use of the $ICY token while SNOW will be powered using $ICZ.
Earlier today, we announced ICON’s entry into the Polkadot Ecosystem with this blog post:https://t.co/15wsQBWqRY
Let's take another look at the details in a freezing cold thread 🧊❄️
🔃 Retweet your favorite parts!
— ICON – Connecting Blockchains 🌐 🔀 (@helloiconworld) December 22, 2021
4. Double Rewards on Pollen DeFi
Lastly, Pollen DeFi has announced the launch of a unique farming event. Also, interested persons on the Pollen DeFi ecosystem now have the opportunity to earn double rewards on their farming activities for fifteen days.
According to the official tweet, interested persons can also now farm $AVAX and $PLN tokens to earn $JOE and $PLN tokens as rewards.
🚦FARM NOW LIVE on #TraderJoe
🎁 FOURTEEN DAYS of DOUBLE REWARD FARMING
👩🌾 FARM: $AVAX & $PLN
💵 EARN: $JOE & $PLNFARMhttps://t.co/E5vUV56uEF#LiquidityMining #Avalanche #DeFi #Pool #Farm pic.twitter.com/QfSmI3zIUJ
— Pollen DeFi 🔺 (@PollenDeFi) December 27, 2021
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Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. This article has been sponsored by ICON and Mars. Copyright Altcoin Buzz Pte Ltd.