Tag: Token Launch

  • New Play-to-Earn Collective HumanDAO Announces Token Sale

    New Play-to-Earn Collective HumanDAO Announces Token Sale

    HumanDAO, a decentralized autonomous organization connecting play-to-earn (P2E) gamers with digital asset owners, has announced it will hold a public sale for its forthcoming governance token HDAO on Dec. 1.

  • Crypto Tax Debate On Capitol Hill Signals Big Changes for DeFi

    Crypto Tax Debate On Capitol Hill Signals Big Changes for DeFi

    Taxing cryptocurrencies just picked up serious momentum, with potentially serious ramifications for DeFi.  The U.S. Senate’s $1 trillion infrastructure package now under consideration includes a provision that would tax transactions involving Bitcoin and its ilk to raise around $28 billion in funding. That means swapping Ethereum and other DeFi tokens may have to be recorded […]

  • Gitcoin Drops GTC Token to 25,500 Users; Now Worth More Than $100M

    Gitcoin Drops GTC Token to 25,500 Users; Now Worth More Than $100M

    Gitcoin has been funding open source projects for a more decentralized web since 2017 and now it’s decentralizing itself. Yesterday the Ethereum-focused startup announced it will be now governed by a DAO and holders of its new token, GTC. The first step in this gradual decentralization was to issue 100 million GTC tokens, 15 million […]

  • Ampleforth’s Forth Governance Token Rallies After Launch

    Ampleforth, the rebasing token which aims to create a currency with stable purchasing power by programmatically managing supply, has launched its FORTH governance token. Anyone who has interacted with AMPL, the stable token, can claim FORTH tokens. The token, which was listed on Coinbase Pro Wednesday, is trading at $41 at the time of writing, […]

  • 1inch Fuels DeFi Airdrop Trend With Christmas Present

    1inch Fuels DeFi Airdrop Trend With Christmas Present

    DEX aggregator 1inch surprised DeFi users with a holiday treat with the release of the 1INCH governance token on Christmas Eve. 1INCH features a total supply of 1.5B tokens, which unlocks every 6 months over the course of the next 4 years. Tokens were airdropped to all wallets that made at least one trade before […]

  • Tornado Cash to Decentralize Governance Via TORN Token

    Tornado Cash presented a governance proposal to incentivize use of the Ethereum-based privacy tool via a new token called TORN. Tornado Cash allows users to deposit a fixed amount of supported assets (ETH, USDC, DAI) and “wash it” through an anonymity pool. That deposited value can be redeemed by the receiving address using a note […]

  • Basis Cash Revives Shuttered Stablecoin With 10,000% Yields

    Basis Cash Revives Shuttered Stablecoin With 10,000% Yields

    Basis Cash, a fork of shuttered algorithmic cryptocurrency Basis, is touting DeFi-summer like APYs as the newly launched stablecoin – BAC – trades at $64 despite targeting a $1 peg. With ~10,000% APYs on the BAC stablecoin liquidity pools, DeFi traders rushed to provide liquidity to the project which seeks to revive Basis without the […]

  • Traders Pour $200M+ Into New Risk-Hedging DeFi Protocols in Two Weeks

    Traders Pour $200M+ Into New Risk-Hedging DeFi Protocols in Two Weeks

    There’s a new investment category rising in DeFi: yield optimized by risk level. At least two projects, Saffron Finance and Barnbridge, have started to offer investors the ability to earn differing yields in accordance with their risk tolerance. Barnbridge currently has $186 million in liquidity mining deposits just weeks after its launch on October 20th, […]

  • A New Andre Cronje Beta Project, a New Token That Pumps

    A New Andre Cronje Beta Project, a New Token That Pumps

    As has become all too common in DeFi, Yearn founder Andre Cronje is tinkering with a new project and speculators are rushing to buy its token —aka aping in— before it’s even live. The project, called Keep3r Network, is a decentralized coordination ecosystem for projects to find developers that will work on their upkeep. “Projects […]

  • Clock Starts Ticking for Filecoin Investors to Cash Out

    Clock Starts Ticking for Filecoin Investors to Cash Out

    Filecoin had a record breaking $205M token sale in the 2017 boom days, promising to bring decentralized file sharing to the world, but all investors had to show for it in the three years since, was FIL token IOUs as the project repeatedly delayed its launch.  The day finally came yesterday, and for many, it […]

  • MetaFactory Distributes Ownership Via ROBOT Token

    MetaFactory Distributes Ownership Via ROBOT Token

    What happens when you create a fair launch governance token for a community-owned digi-physical brand apparel platform? You get $ROBOT. MetaFactory, which produces limited edition  wearables for crypto designers advancing Web3 culture, is distributing the ownership of the project via a token called ROBOT. The initial token distribution of 39k ROBOT went to the 43 […]

  • Uniswap’s UNI Instantly Becomes One of DeFi’s Most Widely Held Tokens

    Uniswap’s UNI Instantly Becomes One of DeFi’s Most Widely Held Tokens

    Uniswap dropped the mic with the surprise launch of its native governance token – UNI. Uniswap,  the leading DeFi DEX averaging more than  $350M in daily volume over the past month, airdropped 15% of the total 1 billion UNI minted at genesis, to anyone who had ever interacted with the protocol since its inception. UNI […]