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Pendle offers users yields in the form of tradable digital tokens, with some strategies offering as much as 82% annualized yields on ether (ETH) and ether derivative tokens. These have a maturity period that ends in late 2023 or early 2024. LSDs are tokens created by DeFi protocols, such as
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied BobaBNB, a layer-2 scaling solution for the BNB chain, processed over 3 million transactions in May 2023, setting a new record. The surge is primarily attributed to ROVI. ROVI spurs adoption BobaBNB With more than 3 million transactions processed
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance’s BNB Chain has launched opBNB, an Ethereum Virtual Machine (EVM) compatible layer-2 solution on the BNB Smart Chain (BSC) network. opBNB is designed to bring more scalability, security, and cost efficiency to the BSC ecosystem. To
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In a pre-proposal discussion post, Polygon co-founder Mihailo Bjelic argues why the mainchain should go through a major upgrade. Original Source
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The combination of BSC’s strong ability and opBNB’s dedicated new features will make data access easier. In a major announcement on Monday, June 19, Binance-founded Layer-1 blockchain platform BNB Smart Chain (BSC) introduced a new scalability solution opBNB, with the goal of offering a seamless experience for users, developers, and projects
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Binance-founded layer-1 blockchain BNB Chain has introduced a new layer-2 chain it hopes to address its “scalability challenge.”On June 19, BNB Chain unveiled opBNB which launched as a testnet on June 19. The new layer-2 scaling solution is based on the Optimism OP Stack which it says will add additional
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“Projects can leverage improved throughput and significantly lower transaction costs, resulting in a superior user experience,” developers said in the release. “Furthermore, opBNB's enhanced scalability overcomes challenges previously faced by projects with high transaction volumes on BSC and enables them to thrive.” Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Venus Protocol, a decentralized borrowing, lending, and earning platform, has officially launched its VIP-129 governance proposal that focuses on migrating the TUSD contract on the BNB Chain. ⚡️VIP-129 is live! This proposal relates to the TUSD contract
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“We add in our own datasets and signals,” he said in an interview with CryptoX. “When looking at [the] bitcoin price the day after the last 10 Fed rate announcements, I can then ask what else impacts the price. So that could be indicators of social sentiment around bitcoin and
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Tether recently minted another $1 billion worth of its Tether USDT stablecoin on the Ethereum blockchain, which is another big issuance within two months since its last minting on April 21. In a June 12 Tweet, Paul
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