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Essential real-time crypto news and market updates. More analytical content is now available on Twitter β€” x.com/CryptoDiffer

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​​GLITCH Overview

GLITCH is a blockchain-agnostic protocol designed to facilitate trustless money markets.
Built from the ground up, GLITCH is the world’s first for-purpose DeFi smart contract platform constructed to support a global alternative to the traditional financial system.

GLITCH protocol offers high transaction throughput, near-zero transaction fees, and a profit-sharing model that rewards investors, dApp developers, and end-users. It’s a new breed of DeFi β€œOperating Software” (OS) that improves upon the best of existing chains.

GLITCH approaches scalability from layer one to deliver low-latency, high throughput transaction processing. The seamlessness of layer one scaling makes GLITCH functionally competitive with traditional financial systems in the near term. To this end, GLITCH uses delegated proof-of-stake (DPOS) to reach consensus on the network. DPoS is widely recognized for its ability to scale up to the transaction speed required to support mainstream use.

The GLITCH vault is a profit-sharing mechanism which deposits 20% of all network fees and dApp revenue into a vault stored on the chain. This model does two things:
β–ͺ️It fosters community support for GLITCH dApps by giving GLCH holders financial incentives to help developers generate revenue.
β–ͺ️It creates a positive feedback loop wherein developers can count on community support, and holders are rewarded with additional tokens.

πŸ‘‰ medium.com/glitchfinance/part-1-what-is-glitch-83240039e84d
​​The 1st epoch of Prosper's genesis prediction mining to start on January 8th

Genesis prediction will last for 72 hours, and thereafter PROS tokens will be distributed and listed.

πŸ‘‰ medium.com/pooler/the-era-of-prediction-mining-has-arrived-396a6585993a
​​❗️Dear community, CryptoDiffer will hold an AMA with @NordFinance on the 8th of January at 3:00 PM UTC in the CryptoDiffer Telegram Chat!

The rewards pool for the best questions is $100 in USDT!
(Questions from previous AMAs are strictly forbidden and people will be disqualified from participating in the reward distribution.)

CHAT πŸ—£ https://t.iss.one/joinchat/Brbs51k5cWoRBKtsgmb6Ew
​​TOP 15 COINS BY POPULARITY ON COINGECKO IN DECEMBER
​​NFT WEEKLY MARKET OVERVIEW

β–ͺ️Weekly Number of sales: 11,980 NFTs
β–ͺ️Weekly Volume in USD: $2,801,334 USD

Data source: nonfungible.com
​​Peanut Overview

Peanut was developed by Remme, one of the most accomplished and experienced teams in the crypto space. Peanut is a set of smart contracts that automatically balance prices after each trade to help LPs earn more and reduce slippage with no manual effort. Benefits include Increases passive income, Lower risk of impermanent loss, Reduced slippage, Reward with governance tokens, No manual effort: Peanut does everything automatically.

Peanut has already successfully raised $1.5M in a presale funding round in less than 3 hours. Peanut public sale round to take place in late January.

With Peanut, 90% of the LP liquidity goes directly into the Uniswap pool. The other 10% goes into the Peanut protocol, to serve as a price balancer. Peanut divides LP assets into two parts:
β–ͺ️90% is used for providing liquidity on Uniswap or via another DEX;
β–ͺ️10% is used for automatic multi-level price balancing between Uniswap, other DEXs and CEXs.

The Part 2 pool is used on two levels to provide lightning-fast trading operations to keep the price balance:
β–ͺ️Level 1: ETH account for onchain operations on DEXs
β–ͺ️Level 2: account on CEXs where the token being bought or sold is tradable

When large buy/sell orders are placed, the Peanut pool automatically and simultaneously makes a corresponding trade on two levels i.e. on other DEXs and CEXs. After trading operations are completed, Peanut performs clearing for earned income.

This means that any potential price movement from large DEX trades can be immediately dampened by matching it on the CEX, protecting LPs from slippage.

TG: t.iss.one/peanuttrade
Website: peanut.trade/
Twitter: twitter.com/peanuttrade
Medium: medium.com/peanut-trade
​​Ankr has introduced decentralized Governance to the Stkr platform

Governance introduces a mechanism by which ANKR token-holders can propose and vote for changes to the Stkr system, and the Ankr team will then apply any changes agreed upon, to the platform!

πŸ‘‰ medium.com/ankr-network/ankr-introduces-governance-to-the-stkr-platform-429c1a02ccea
​​Marlin bridge is now live!

Users are now able to use the bridge by locking POND to mint MPond which is required to operate Marlin nodes in the Larvanet. Anyone, at any time, can lock x million POND in the bridge and receive x MPond.

πŸ‘‰ marlin.pro/blog/converting-pond-to-mpond-using-the-marlin-bridge/
​​Exeedme has announced a partnership with DIA

DIA’s data capabilities to supply, share and use transparent verified price oracles will be key for Exeedme to develop modern and innovative decentralized financial services to a broader audience.

Exeedme and DIA will also be collaborating on research, development and innovation regarding custom gaming oracles to allow all games to feed trustworthy data into Exeedme.

πŸ‘‰ exeedme.medium.com/exeedme-announces-partnership-with-dia-e558ae1bb133
​​MahaDAO to launch ARTH as a Seigniorage Share

ARTH will be using Seigniorage Shares to maintain its stability as opposed to collateral backed system.

πŸ‘‰ medium.com/mahadao/arth-to-launch-as-a-seigniorage-share-beta-program-announced-3137103b7435
​​New Crypto.com App users can enjoy 0% card fees for crypto purchases made in the first 30 days

Users who successfully pass KYC verification in eligible jurisdictions on or after 6 January 2021 are also eligible for the 0% fees offer.

πŸ‘‰ blog.crypto.com/0-credit-debit-card-fees-for-the-first-30-days/
​​BiFi has launched Lending and BiFi Rewards on January 7th, 6:00 AM UTC

Lending service allows users to deposit ERC-20 assets including ETH, USDT, LINK, DAI, and borrow against their deposit. The interest rates are determined solely by the market demand in a decentralized manner. To secure initial liquidity, BiFi Rewards Program will reward BiFi tokens anyone who deposits or borrows on BiFi.
β–ͺ️BiFi Lending Service
β–ͺ️BiFi Rewards Program

Next week, BiFi Pooling & Staking service will also support BiFi tokens. Just like BFC Pooling & Staking, users will be able to stake BiFi tokens or BiFi-ETH Uniswap LP tokens to earn even more BiFi tokens.

During Q1/Q2 of 2021, BiFi will expand to connect other blockchains like Ethereum, Klaytn, Tron, and ultimately Bitcoin. Bifrost Wallet, the first multichain wallet, will also be released to offer multichain transactions.

πŸ‘‰ medium.com/bifrost/bifi-lending-rewards-service-launch-c99de7ffbc93
​​Tenet (TEN) Launches Its First Liquidity Tap with Fountain (FTN)

The first Liquidity Tap creator, Fountain, has officially started its Tap. FTN rewards are available now. TEN rewards will be added soon.

πŸ‘‰ tenetfarm.medium.com/tenet-launces-its-first-liquidity-tap-with-fountain-ftn-reaching-12-million-jianshu-users-9f9dfa8ce89b
​​PlasmaPay’s Cross-chain Protocols and HyperLoop to launch in February

HyperLoop was created as a layer-two solution to high ETH gas fees, so you can move your asset between Uniswap on Ethereum to Plasma Swap on Plasma blockchain in a cheaper, faster and more efficient way

πŸ‘‰ medium.com/plasmapay/dont-like-eth-gas-fees-plasma-s-cross-chain-hyperloop-protocol-solves-that-e71524f09523
​​Dvision Network to integrate Chainlink Oracles

Leveraging Chainlink’s decentralized Price Feeds will enable users to correctly estimate their expenses when creating NFT items in the Dvision virtual reality marketplace

Dvision Network will also adopt the Chainlink Verifiable Random Function, which generates a secure, provably fair source of randomness used to generate and distribute certain on-chain rewards to users.

πŸ‘‰ medium.com/dvisionnetwork/dvision-network-will-integrate-chainlink-to-calculate-digital-asset-prices-and-fairly-distribute-7fbfa206f0db
​​Frontier (FRONT) to be listed on KuCoin

KuCoin will list Frontier (FRONT) and open trading for FRONT/USDT and FRONT/BTC trading pairs on January 8th, 10:00 AM UTC. Deposits are already opened. Withdrawals to start on January 8th, 2:00 PM UTC.

πŸ‘‰ kucoin.com/news/en-frontier-gets-listed-on-kucoin?utm_source=FRONT
​​IoTeX Welcomes Robert Parker, IoT Pioneer and Former CTO of Samsung SmartThings, to Advisory Board

Over his 30-year career, Robert served as CTO of Samsung SmartThings, Founding Director of Amazon Alexa, and GM at Microsoft. In his new role at IoTeX, Robert will help drive the growth and adoption of IoTeX smart devices and meet the growing demand for secure devices that protect user privacy.

πŸ‘‰ prweb.com/releases/robert_parker_joins_iotex
​​Oraichain has introduced 2021 Roadmap

Throughout this year, Oraichain will complete the launch of mainnet on Oraichain’s network with several sub-networks which will provide an effective infrastructure for our AI services. Those services will form a comprehensive AI ecosystem that is compatible with the Oraichain network and interoperable with other blockchain networks: Ethereum and Polkadot.

Q1-2021: The Oraichain Mainnet and its Use Cases
Q2-2021: Driving adoption and launching the AI Data & Request
Q3-2021: The most active AI-powered oracle and AI Publisher
Q4-2021: Completion of AI ecosystem with AI Training service

πŸ‘‰ medium.com/oraichain/oraichain-2021-roadmap-f6c317428262
​​❗️Dear community, CryptoDiffer will hold an AMA with GLITCH on the 9th of January at 2:00 PM UTC in the CryptoDiffer Telegram Chat!

The rewards pool for the best questions is $100 in USDT!
(Questions from previous AMAs are strictly forbidden and people will be disqualified from participating in the reward distribution.)

CHAT πŸ—£ https://t.iss.one/joinchat/Brbs51k5cWoRBKtsgmb6Ew
​​STATE OF THE DEFI
True Value Locked in DeFi: ~$22.21B USD
​​BoringDAO (BOR) has been listed on Huobi Global

BOR has been listed on Huobi Global under BOR/USDT, BOR/BTC, and BOR/ETH trading pairs on January 7th, 7:00 AM UTC. Moreover, Huobi is launching 2 promotional campaigns:
β–ͺ️Campaign I: Stake HT&BTC to mine 310 BOR (to last one week starting from 8:00 AM UTC on Jan 7th)
β–ͺ️Campaign II: Stake BOR to mine 312 BOR (to last one week starting from 8:00 AM UTC on Jan 14th)

πŸ‘‰ huobiglobal.zendesk.com/hc/en-us/articles/900004074366-Huobi-Inno-Hub-Will-Launch-BOR-BoringDAO-Share-622-BOR-By-Joining-Mining-Activities