• 1inch launches governance token
    Alt coins

    Decentralized exchange 1inch launches governance token

    The DEX claims that it takes ‘governance in the DeFi space to a new level’

    The launch by 1inch's independent board is a major step forward in the decentralized finance (DeFi) organization’s progress towards becoming a full-fledged DAO, or—as the announcement puts it—take “governance in the DeFi space to a new level.”

  • Kadena to launch DEX
    Innovators,  Technology

    ‘Ethereum 2.0 has lost credibility’: Kadena launches rival DEX

    President Stuart Popejoy says Kadenaswap will be able to handle 480,000 transactions per second—and offer a safer smart contract language

    Ethereum 2.0 has lost credibility as a project that will ship in any kind of predictable timeframe,” Kadena President Stuart Popejoy told Modern Consensus. “Ethereum’s congestion and high gas prices are providing a strong incentive for DeFi projects to consider other platforms."

  • OKEx UNI trading derivatives
    Alt coins

    OKEx lists UNI for trading, derivatives

    Shortly after listing eight DeFi tokens in a single day, OKEx has launched of a full suite of trading products based on Uniswap’s UNI governance token

    According to a Sept. 18 announcement, OKEx allows UNI deposits and withdrawals, alongside trading against ether (ETH), bitcoin (BTC) and U.S. dollar-backed stablecoin tether (USDT). OKEx also announced a range of trading products for the hot decentralized finance (DeFi) token, including margin, swap trading, coin-margined perpetual swap and savings.

  • Telegram discontinues TON testnet
    Bitcoin,  Cryptocurrencies,  Technology

    Decentralized exchanges have a liquidity problem. Is this the answer?

    The Vega protocol is proposing a mechanism that incentivizes market makers—but only when liquidity is undersupplied

    Vega’s proposal involves setting up a mechanism that increases incentives for market makers when liquidity is undersupplied, and decreases when there is sufficient liquidity—that is, the ability to execute buy and sell orders quickly.