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Singapore, 14th March 2022 — Decentralized cross-chain lending platform Fountain Protocol has launched a liquidity mining program on the Oasis mainnet, attracting over $15 million in TVL (total value locked) within 24 hours.
The strong launch earns Fountain Protocol a third-place ranking as compared to all other protocols on the…
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Animoca Brands announced today that the company has formed a collaboration with Brinc, a Hong Kong-based leader in global venture acceleration, to launch a $30 million program.
Dubbed ‘Guild Accelerator Program’, the newly introduced program will facilitate the expansion of the global play-to-earn guild ecosystem. Moreover, it will provide funding of up to $500,000 per guild. According to Animoca Brands, the application for the program, led by Richard Robinson, is now open.
Through the program, early-stage companies will be able to receive support from different mentors and experts, including Brendan Wong (the Founder of Avocado Guild), Saruboti Sasuke (the Head of Partnerships for YGG), and Howard Xu (Co-Founder of the Vietnam-based guild, Ancient8).
Yat Siu, the Co-Founder and Executive Chairman of Animoca Brands, commented: “As the world enters a new era of work and play, the play-to-earn guilds space has enormous potential for growth. The management of digital assets in games and in the open metaverse represents a significant source of income for hundreds of millions of people. The future of work in the metaverse is being written today, and we are proud to foster the guilds that are driving the evolution of these new opportunities.”
In December last year, the digital exchange, Binance established a partnership with Animoca Brands to set up a $200 million fund. Through the fund, the companies are facilitating blockchain gaming projects on BSC.
Blockchain-based gaming platforms have gained immense traction in the past few months, thanks to the growing interest in Web3, Metaverse and crypto. Manav Gupta, the Founder, and CEO of Brinc, believes that the latest partnership will support promising communities.
“Web3-enabled guilds provide an onramp for the future of earning in a way that Web2 and traditional industries never could. The technologies, principles and business models developed in gaming that have enabled true digital asset ownership and utilization (with aligned stakeholders) can be leveraged across all future areas of jobs and work,” Gupta said.
Animoca Brands announced today that the company has formed a collaboration with Brinc, a Hong Kong-based leader in global venture acceleration, to launch a $30 million program.
Dubbed ‘Guild Accelerator Program’, the newly introduced program will facilitate the expansion of the global play-to-earn guild ecosystem. Moreover, it will provide funding of up to $500,000 per guild. According to Animoca Brands, the application for the program, led by Richard Robinson, is now open.
Through the program, early-stage companies will be able to receive support from different mentors and experts, including Brendan Wong (the Founder of Avocado Guild), Saruboti Sasuke (the Head of Partnerships for YGG), and Howard Xu (Co-Founder of the Vietnam-based guild, Ancient8).
Yat Siu, the Co-Founder and Executive Chairman of Animoca Brands, commented: “As the world enters a new era of work and play, the play-to-earn guilds space has enormous potential for growth. The management of digital assets in games and in the open metaverse represents a significant source of income for hundreds of millions of people. The future of work in the metaverse is being written today, and we are proud to foster the guilds that are driving the evolution of these new opportunities.”
In December last year, the digital exchange, Binance established a partnership with Animoca Brands to set up a $200 million fund. Through the fund, the companies are facilitating blockchain gaming projects on BSC.
Blockchain-based gaming platforms have gained immense traction in the past few months, thanks to the growing interest in Web3, Metaverse and crypto. Manav Gupta, the Founder, and CEO of Brinc, believes that the latest partnership will support promising communities.
“Web3-enabled guilds provide an onramp for the future of earning in a way that Web2 and traditional industries never could. The technologies, principles and business models developed in gaming that have enabled true digital asset ownership and utilization (with aligned stakeholders) can be leveraged across all future areas of jobs and work,” Gupta said.
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Coinbase is delighted to announce the launch of the Community Analyst Program, a.k.a. the CAP Program. This is a new and exciting way for students, professionals and community members who share our core beliefs to contribute to Coinbase’s mission to increase economic freedom.
If you are crypto-native, crypto-passionate or insatiably crypto-curious, this is an opportunity to get involved in the fast-paced crypto industry.You will gain a foundation of meaningful experiences and relationships to build-on!
So let’s cover the basics: the Why, Who, What, Where and When?
Why Become a Community Analyst?
With the cryptocurrency industry evolving rapidly, Coinbase’s goal to help bridge crypto and the mainstream will become even more important. As such, we are launching a Community Analyst program to provide a platform for crypto-passionate individuals to launch their crypto careers, either at Coinbase or elsewhere in the space. At Coinbase, we believe it’s our responsibility to be good stewards of the space, which means developing the next generation of leaders and elite talent to drive growth for the wider industry. This will help accelerate wider industry growth.
As a Community Analyst, you will be on the front lines collecting information and signals from community hotspots, in-person events and/or conferences as well as public online resources (including the blockchain). Some benefits of the program include:
Who Is Eligible for the Program?
Any university students, graduate degree students, full-time professionals or crypto community members are encouraged to apply. Community Analysts will be part-time contractors. Depending on company needs and candidate fit, Coinbase may extend summer internships or full-time offers.
What is Required of a Community Analyst? Where is the program held?
You need to be crypto-native or crypto-passionate and insatiably curious. The program is fully remote. Duties will include both virtual and real-world components, such as:
You will update the Coinbase team during bi-weekly check-up calls and keep us updated on your progress via group chats. We expect Community Analysts to be self-motivated and dedicated to producing measurable results.
When does the program start?
The inaugural program cohort will be rolled out from January 2022 lasting through May 2022, and will be termed the “Spring Cohort”. A Fall cohort is scheduled for September 2022 to December 2022. Spring and Fall cohorts are expected to occur every year the program is active.
How do I join?
To join, you must first fill out the application form here. Those interested should have a basic familiarity with the cryptocurrency industry and blockchain space. If selected, you will have a call with our partners to ensure our goals and expectations are aligned. If you advance through the phone screening process, the onboarding process will begin — more details will be shared at that time.
Becoming a Community Analyst leads to opportunities to expand your role, such as potential summer internship offers, full-time offers or even opportunities developing within the communities you engage in. More information about opportunities to join a Coinbase summer internship or full-time offer will be given upon successful completion of the program. Note: Community Analysts will be contracted through a third party and will not be engaged as Full Time Employees of the company.
Coinbase Community Analyst Program was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
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The crypto space is becoming more and more interoperable, developers in search of great adoption and success will need to embrace this trend. Amongst the ruling blockchains, Polkadot and its unique approach to governance and interoperability are quickly becoming the hub for the projects that could usher the future of the industry.
Unlike Ethereum, Cardano, and other blockchains, Polkadot leverages a distinctive mechanism that lets the community choose the projects that will occupy limited slots on the network. To participate in the auctions, projects need to gather enough funds.
Once the process is completed, winning projects will be deployed via parachains, independent networks that power the protocols. This process has already unleashed a fearful competition with many projects, such as Moonbeam, Bifrost, Astar Network, and Litentry going strong to take the lead.
Most of these projects offer a steady reward to gain community support and win the auction. Astar has introduced a 3-bonus level for its supporters with 5% of its native token ASTR locked as part of their Crowdloan.
On the other hand, Moonbeam offers uses a portion of a 30% Crowdloan pool, but investors must wait until the project deploys its compatibility with the Ethereum Virtual Machine (EVM). Also, 70% of the rewards will be distributed in the 96 weeks leasing period for the slot.
Of the aforementioned projects, the Crowdloan launch by decentralized identity aggregation protocol Litentry offers a dynamic and versatile program with adaptive rewards, bonuses, and other opportunities for its supporters.
On top of that, participants will be able to stake their DOTs without extra requirements or complications. The Litentry Network will connect its parachain to the Polkadot relay chain. In doing so, it will provide users with more security and interoperability.
Already running on Ethereum and Binance Smart Chain with its own native token called LIT, giving it an advantage over similar projects trying to get a slot on Polkadot, the recently launch Crowdloan strategies are a major step for the network.
The project has been listed on the leading crypto exchange Binance for a long time and has a strong liquidity base. Thus, investors have an additional layer of security and can rely on the legitimacy of the project.
The project has allocated 20% of LIT’s total supply or 20,000,000 to incentivize users and reward its supporters to obtain a superior position and a higher chance to obtain a slot in the Polkadot auction. The program will be live from the first slot to the fifth auction and will remain active until Litentry secures a place on the network.
By allocating 20% of the LIT token total supply in the Crowdloan Program, Litentry offers DOT holders one of the best low-risk/high reward strategies to diversify their portfolio. In that way, investors will have an additional opportunity to profit other than staking their DOT.
In order to participate in the Crowdloan Program, investors need to lock 5 DOTs for the auction. This initial investment will be rewarded with a minimum of 2.5 LIT.
Later, final rewards will be estimated based on the contribution percentage of every user to the Crowdloan pool. In other words, one user’s DOT contribution will be divided by the total DOT contributions in the pool.
These rewards will be distributed when the Litentry parachain running on the Polkadot relay chain goes live. Each investor will receive their LIT rewards linearly in each block for the duration of the Slot leasing period: 96 weeks.
Even if the project fails to secure a slot, investors will still be compensated in the new Crowdloan campaign with additional LIT tokens until the program’s target is met. Compensations will reach an estimated 13% APY for a Crowdloan period of 5 weeks.
For early supporters, there will be a bonus of up to 10% if they support the campaign before November 18 or 5% if they participate by November 25. Also, users can earn extra rewards if they complete an identity-based task and support Litentry Network’s main use case. Users can also earn extra incentives through several of Litentry’s partners, including the SubDAO airdrop, a Binance warmup promotion, and an all-new partnership with Polkadot Name System that earns users who contribute more than 10 DOT with a free .dot domain name.
Although beneficial, Polkadot’s staking rewards have a much lower upside than betting on the growth of its ecosystem. A project such as Litentry network, with a high interoperable capacity and a use poised to see an increase in demand, as more people require an alternative to centralize data and identity systems.
Therefore, the Crowdloan Reward Program is a great chance for early investors to fully capture Litentry’s potential to become a top project on one of the most promising ecosystems in the space. At the same time, these investors will maintain their capacity to move between blockchains.
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EasyFi Network, the universal layer 2 DeFi lending protocol known for scalability, composability and adoption has announced the launch of its high yield farming program. Launched in association with QuickSwap, this one-of-a-kind LP farming and staking program went live on August 4, 2021.
The collaboration between EasyFi Network and QuickSwap has enabled the introduction of two programs where EZ token holders can create liquidity pools with USDC and QUICK tokens on Polygon Network’s QuickSwap Exchange. They can then use the LP tokens to farm QUICK tokens. Meanwhile, the partnership also enables dQUICK holders to stake their tokens on the new EasyFi staking app and earn EZ tokens at around 50% APR.
EasyFi Network has published detailed instructions for users to participate in high yield LP token farming on QuickSwap Exchange. To begin yield farming, users will have to add liquidity into $EZ-$USDC and/or $EZ-QUICK pools on QuickSwap and receive the corresponding EZ-USDC and/or EZ-QUICK LP tokens. These LP tokens thus received has to be staked on the QuickSwap Rewards Module to start QUICK farming. In order to avail benefits of the high yield farming, users will have to stake LP tokens for a duration of 45 days.
While the QuickSwap ecosystem plays host to the high yield farming program, enabling users to earn QUICK tokens, EasyFi will be including support for dQUICK staking on its new app. dQUICK, short for “Dragon’s Quick” is the asset one receives after depositing QUICK into the staking contract on QuickSwap. By staking dQUICK on EasyFi App, token holders will be able to farm EZ tokens. Similar to high yield LP token farming program, the staking duration on EasyFi is also set at 45 days.
Both yield farming programs are set to end on September 7, 2021.
The launch of the yield farming program closely follows another significant development in the EasyFi ecosystem. The EasyFi Farming Module passed a stringent security audit conducted by Halborn Security and was included in the EasyFi App. In the coming days, the entire EasyFi protocol will be audited to ensure no shortcomings in its infrastructure.
Learn more about EasyFi high yield farming program at – https://medium.com/easify-network/easyfi-launches-high-yield-farming-programs-in-collaboration-with-quickswap-8dc4c2626720
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