Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Potion Unlock
3 reasons why Potion’s “aggressive decentralisation” is changing the DeFi game
PotionLabs comprises three key components: a protocol, a suite of analytic tools, and an intriguing launch mechanism. We’ll go through each in turn, highlighting the key features and how each one is changing the DeFi game. Potion Protocol Key features A new, powerful risk management layer in DeFi that offers products like insurance from an automated market maker (AMM) A one-of-a-kind bonding curve that prices any asset depending on the LP’s risk A decentralised order book that allows LPs to…
3 years ago
PotionLabs Kicks Off Auction for ‘Potion Unlock’ – a Novel NFT Game to Open Source a DeFi Protocol
The Potion Unlock game is a social experiment to bootstrap a decentralized community around a DeFi protocol. PotionLabs, the developers of the new risk management layer Potion Protocol, have announced the launch of the Potion Unlock NFT auction. Those who purchase NFTs in the auction will be able to participate in the Potion Unlock game, working with other community members to release the Potion Protocol into the public domain. With this one-of-a-kind strategy based on “aggressive decentralization”, Potion Labs seeks…
3 years ago