Umaumaumauma, a financial contract platform, is a protocol that provides trust free financial contracts and Oracle machines. Third party liquidity providers and exchanges can provide innovative financial products to global users by using UMA protocol. UMA consists of automatic financial contract specification and Oracle, which is used to evaluate and guarantee the honesty and credibility of these contracts. Originated from the concept of traditional financial derivatives, UMA is used to create and validate financial contracts without trust, allowing anyone anywhere to design and build universally available financial products. UMA allows risk transfer without centralized authorization or single point of failure. UMA aims to support financial innovation provided by the public chain. It defines an open source protocol that allows any two counterpartiesPrecious metal business card to design and create their own financial contracts. However, unlike traditional derivatives, UMA contracts are only guaranteed by economic incentives, which makes them self executing and generally accessible. UMA's risklabs received $4 million in seed round investment in 2018. The company is led by the placeholder, with partners including Bain Capital, coinbase ventures, dragonfly capital, blockchain capital, fintech collective, the box group and twosigma ventures. UMA see more about the new token yielddollar, which is an asset similar to stable currency,
Anyswap, a cross chain trading protocol, said on twitter that any, the token currently in circulation on uniswap is not the token of anyswap project, while the real anyswap token any will be circulated on the anyswap exchange of fusion network on July 20. Anyswap is a complete cross chain transaction protocol based on fusion DCRM technology, with automatic pricing and liquidity system. Anyswap supports token replacement on any blockchain based on ECDSA or eddsa algorithm, including BTC, ETH, usdt, XRP, LTC, FSN, etc.
According to debank data, bitcoin, bitcoin on the chain, bitcoin, is a cryptocurrency that is not universally available worldwide. However, most countries believe that bitcoin is a virtual commodity rather than a currency. The concept of bitcoin was born in a paper signed by Nakamoto Nakamoto in 2008. On January 3, 2009, based on the peer-to-peer network without borders, it was invented with consensus initiative open-source software. The number of bitcoin agreements is capped at 21 million to avoid inflation. Using bitcoin is to use the private key as a digital signature, allowing individuals to pay directly to others without going through third-party institutions such as banks, clearing centers, securities dealers, etc., thus avoiding the problems of high fees, cumbersome procedures and regulatory issues. Any user who has a digital device that can connect to the Internet can use it. Bitcoin btcbitcoin see more anchor coins issued continued to rise, currently nearly 80000, 79760. Wbtc, renbtc, SBTC, imbtc, HBTC, BTC + +, PBTC and TBTC were included in the statistics. Among them, wbtc has the highest share, the current circulation is 53349, accounting for 66.80%, followed by renbtc with 17227, accounting for 21.5%.
David kajpust, developer of the graph and blockchain blogger, said on twitter that due to the high cost of Ethereum, the DFI loan agreement coinbase is the first project to obtain venture capital from coinbase, and is also a part of the efforts of coinbase to promote blockchain innovation. Compound provides interest on encrypted assets placed on exchanges and wallets. The interest rate of each asset is adjusted dynamically according to the borrowing demand of the asset. Compound wants to attract hedge funds, experienced investors and borrowers. In fact, it's not surprising that compound has the support of coinbase, because its technology is in line with the idea that coinbase is revolutionizing traditional finance. Compoundcomp views more or is considering developing the project based on different public chains or layer2 blockchains. At the same time, it may become the biggest "catalyst" to promote the development of profi into the new public chain. It is specified that Solana,
The difi and cross link test network Bifrost of IrisNet, the cross chain service hub, have been launched on September 2, and the phase-0 phase has been started. Based on the latest version of cosmosdks, irishub has carried out functional development and important upgrades. The main test contents of the Bifrost test network include verifying that NFT, record, and predictor are unique and can support the innovative functions of DFI, and test the integration of the new version cosmosdk Based on IBC protocol test, the existing functions such as coinswap on irishub and the effect of multi hub cooperation will be verified. The phase-0 phase of Bifrost test network has been started. Since the current version is still in rapid iteration, the incentive task will not be opened at this stage.
Swiptuna, a smart chain based defo project, announced its laPrecious metal business cardunch. The project includes two parts: liquidity mining, tunafarm and swap. Like other sushiswap products, tunaswap adopts the AMM model. Liquidity providers can pledge part of LP tokens and start to earn tuna tokens at block height 447500 (0:30, September 13). Its token allocation mechanism is the same as sushi, offering 10 times reward to the first 200000 blocks, and each block will release 1000 tuna.