governance

TRON and Waves Tap Gravity to Connect Their Blockchains

Source Node: https://bitcoinist.com/tron-and-waves-tap-gravity-to-connect-their-blockchains/?utm_source=rss&utm_medium=rss&utm_campaign=tron-and-waves-tap-gravity-to-connect-their-blockchains
Time Stamp: August 13, 2020 12:29 PM - Modified On: May 21, 2021 - Published By:
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Blockchain projects TRON and Waves have inked a strategic partnership with the aim of achieving mass adoption of inter-chain DeFi. The landmark inter-chain initiative owes a debt to Gravity, the decentralized blockchain-agnostic oracle network that facilitated the integration. When Chains Collide TRON and Waves use completely different smart contract languages, the former having been written in Solidity and the latter using Ride. To bring the pair onto the same page, Gravity’s interoperable oracle queries data on each chain, thereby enabling the ecosystems to increase access to services for both user

Down to the Wire: Yam Finance Saved at the Last Minute

Source Node: https://cointelegraph.com/news/down-to-the-wire-yam-finance-saved-at-the-last-minute
Time Stamp: August 13, 2020 1:46 AM - Modified On: May 21, 2021 - Published By:
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After a tense day, the most talked about new decentralized finance (DeFi) protocol YAM Finance has overcome a near-catastrophic code error. The future of Yam Finance was abruptly thrown into question earlier today when a bug in the protocol’s code resulted in excessive YAM reserves being minted — rendering it “impossible to take any future governance actions.”The project quickly asked for community support, offering rewards to YAM miners and token-holders who were willing to pledge their tokens toward a pool of 160,000 coins to recapture governance over the protocol before the

Five Hours to Failure: The ‘Save Yam’ Proposal Is Falling Short

Source Node: https://cointelegraph.com/news/five-hours-to-failure-the-save-yam-proposal-is-falling-short
Time Stamp: August 12, 2020 10:43 PM - Modified On: May 21, 2021 - Published By:
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The future of the Yam Finance yield farming protocol hangs in the balance as it awaits token deposits for a governance vote that could save the project.With less than five hours to go, Yam is only a third of the way towards the 160,000 tokens required.A code bug discovered earlier today in one of Yam Finance’s smart contracts sent the hottest thing in DeFi into a tailspin as it scrambles to find a fix through its decentralized governance system.The project posted an update outlining the issues and making a plea to

Championing Blockchain Education in Africa: Women Leading the Bitcoin Cause

Source Node: https://cointelegraph.com/magazine/2020/08/12/blockchain-africa-women-bitcoin
Time Stamp: August 12, 2020 9:09 AM - Modified On: May 21, 2021 - Published By:
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It’s no secret that women are underrepresented in the technology and financial industries. In the U.S, women only hold a quarter of computing-related jobs. Some sectors, like software engineering, fare even worse, with female representation as low as 15%. And now along comes blockchain, a technology that promises a global revolution through decentralization. Blockchain has already begun to transform many industries, from finance and supply chain management to healthcare and governance.  However, it has yet to significantly change the demographics of the tech industry. According to a study conducted by

Polkadot Reveals Details of Upcoming DOT Redenomination

Source Node: https://bitcoinist.com/polkadot-reveals-details-of-upcoming-dot-redenomination/?utm_source=rss&utm_medium=rss&utm_campaign=polkadot-reveals-details-of-upcoming-dot-redenomination
Time Stamp: August 12, 2020 8:17 AM - Modified On: May 21, 2021 - Published By:
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Blockchain interoperability platform, Polkadot has released details of its upcoming Denomination Day, when native DOT tokens will undergo a redenomination. On August 21, at block number 1,248,328, new DOT tokens will be 100 times smaller than before, with user balances correspondingly showing as 100x higher and the price lowering by the same multiplier. DENOMINATION DAY: On August 21st at approximately 13:15 UTC (block number 1,248,328), DOT tokens will undergo a redenomination from the original sale. 𝘕𝘦𝘸 𝘋𝘖𝘛 will be 100x smaller than DOT (old). Therefore, your balance will be 100x

Surging Interest in ‘Yam’ Yield Farming — But Is It Too risky?

Source Node: https://cointelegraph.com/news/surging-interest-in-yam-yield-farming-but-is-it-too-risky
Time Stamp: August 11, 2020 11:38 PM - Modified On: May 21, 2021 - Published By:
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The latest craze in the DeFi sector is a new yield farming protocol called Yam which promises ‘equal opportunity’ staking with no premine, no founder shares, and a zero value token at launch.The experimental Yam Protocol is the talk of Crypto Twitter right now — with many excited about the big potential returns, while others worry about the risks. The recently launched project offers an elastic supply token, similar to Ampleforth, that can expand and contract depending on market conditions, with the aim of seeking eventual price stability and a peg

DeFi Token Serum Surges 1500% in 12 Hours After Listing

Source Node: https://cointelegraph.com/news/defi-token-serum-surges-1500-in-12-hours-after-listing
Time Stamp: August 11, 2020 9:42 PM - Modified On: May 21, 2021 - Published By:
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The latest DeFi token to moon is for the decentralized derivatives exchange Serum ,which surged by four figures following its launch and exchange listings.The Serum Project is a new, non-custodial DEX that launched on August 11 and its native SRM token has since surged 1500%. The Serum Project is a collaboration between centralized derivatives trading platform FTX, and Solana, a low-fee, high-speed, interoperable smart contract blockchain. Launched less than 12 hours ago at the time of writing, the token has skyrocketed from the launch price of $0.11 to more than $1.80

Title Token for Blockchain Estate Registry, Part 3

Source Node: https://cointelegraph.com/news/title-token-for-blockchain-estate-registry-part-3
Time Stamp: August 8, 2020 6:00 AM - Modified On: May 21, 2021 - Published By:
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The advantage of the cross-blockchain protocol for public registries is that it can unite any number of existing ledgers in one ecosystem and does not need to upgrade the protocols of such blockchains. In simple terms, the protocol works as an aggregator of tokens across blockchains. The protocol conceptually comprises two major elements:The format requirements for an entry by knowing the standard of a record, the user’s machine can automatically collect records from various ledgers in one bundle.The hook, which is the algorithm that scans blocks of ledgers and extracts

Curve Finance Guide – How to Make Money with Curve (CRV)

Source Node: https://www.asiacryptotoday.com/curve-finance-guide/
Time Stamp: August 7, 2020 11:59 AM - Modified On: May 21, 2021 - Published By:
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The Curve Protocol is one of the largest and most used projects in the Decentralized Finance (DeFi) space. It is integrated with most DeFi protocols and has seen rapid adoption in a short window. It’s essentially the most competent automated market maker (AMM) out there for stablecoins and wrapped tokens. Curve’s most valuable accomplishment has been giving people incentive to contribute liquidity and earn rewards over their idle assets. A community-based project, the protocol innovates continuously and is now progressing towards total decentralization.  In this guide, we take a look