An introduction Eric Chen is CEO and co-founder of Injective Labs, a core contributor behind the Injective decentralized exchange. Injective Protocol decentralized exchange protocol (DEX) backed by big names like Binance and Mark Cuban. The protocol is designed to be permissionless, fully decentralized, and fast with low gas fees. It runs on a governance proposal procedure, community members are a pivotal part in all of Injective’s decisions. “Injective is purely community driven. Governance dictates everything.” What is Injective Protocol? “It’s pretty similar to the overall model of Uniswap. Which is basically all the protocol upgrades and contract upgrades are dictated by the community, a governance vote is required for major…
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.”
‘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 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.