DeFi | ForkLog - Part 13

ForkLog 22 18.10.2024

Trump Family to Receive 75% of Revenue from World Liberty Financial Project

The DT Marks DEFI organization, linked to Donald Trump, is set to claim 75% of the net revenue from the World Liberty Financial (WLF) crypto project launched by his family. This is stated in the gold paper, reports CNBC. According to the document, this involves 22.5 billion governance tokens of the WLFI platform. Based on […]

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ForkLog 42 15.10.2024

Base Surpasses Arbitrum in DeFi TVL Rankings

The total value locked (TVL) in the Base ecosystem’s protocols has exceeded $2.4 billion, slightly surpassing Arbitrum, according to DeFiLlama data.

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ForkLog 16 15.10.2024

Trump Family’s Crypto Project Raises $5 Million in First Hour of Presale

The Trump-backed crypto project, World Liberty Financial, raised $5 million during its token sale, amounting to 1.7% of its target. *TRUMP’S WLFI PRESALE RAISES $5M IN FIRST HOUR *WLFI SITE FACES ON-AND-OFF DOWNTIME, NO TOKEN PURCHASES IN LAST 8 MINUTES — db (@tier10k) October 15, 2024 Observers noted disruptions on the project’s website due to […]

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ForkLog 24 15.10.2024

Justin Sun and his team: How TRON became Ethereum’s chief rival

The TRON (TRX) project began as a token issued on Ethereum before moving to its own blockchain. In an ICO in 2017, the TRON Foundation raised 15,200 bitcoin, selling 40bn TRX at 0.00000038 BTC apiece. From the outset the project embraced the era’s favourite narrative, styling itself an “Ethereum killer” while being based on Ethereum’s […]

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ForkLog 28 11.10.2024

Tokenomics with Vladimir Menaskop. Part two: towards TGE and beyond

From the first part of Vladimir Menaskop’s primer on how to design a project’s tokenomics, ForkLog readers learned the basics of this Web3 business discipline. This instalment turns to sound planning for a startup’s market debut. Key inputs As noted in the first part of the study: “The sequence ‘pre-seed, seed, private A and B, […]

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ForkLog 16 10.10.2024

Uniswap Unveils Unichain: A New Layer 2 Solution for DeFi

The decentralized exchange Uniswap has introduced its own Ethereum Layer 2 network named Unichain, specifically developed for DeFi. Introducing @unichain — a new L2 designed for DeFi ✨ Fast blocks (250ms), cross-chain interoperability, and a decentralized validator network Built to be the home for liquidity across chains pic.twitter.com/lqfJh6Ltio — Uniswap Labs ? (@Uniswap) October 10, […]

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ForkLog 11 01.10.2024

Pike Finance Token Plummets 94% Post-Listing Amid Liquidity Shortfall

The Pike Finance team contributed an equivalent of $10,000 to the liquidity pool on the Aerodrome platform within the Base network. This modest amount led to a 94.1% collapse of the DeFi project’s token following the TGE. Trading commenced at $0.02427, but within 20 minutes, the price had plunged to $0.001436. At the time of […]

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ForkLog 69 20.09.2024

Conditions for Boosting Ethereum’s On-Chain Activity Identified by Expert

Ethereum network activity could see a significant uptick if the current cryptocurrency rally evolves into a sustained bull market, according to The Block‘s Jasper de Maer from Outlier Ventures. The analyst highlighted that speculation and increased engagement with dapps will primarily drive this growth. “Airdrops will support activity in the latter, as many companies will […]

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ForkLog 37 12.09.2024

Uniswap’s Market Share Dwindles Amidst DEX Competition

Uniswap’s share in the DEX market has declined from over 50% in October 2023 to the current 36%. Analysts at The Block attribute this trend to increasing competition and innovation in the sector. Uniswap has ceded some of its market position to Aerodrome, whose share has surged to 7%. Other beneficiaries include Orca, which has […]

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ForkLog 38 06.09.2024

Up to 125x leverage and hybrid vaults: how the decentralised exchange KiloEx works

In August 2023 Binance Labs invested in KiloEx, a decentralised exchange for trading perpetual contracts that won the sixth season of the Most Valuable Builder (MVB) accelerator. The firm highlighted the DEX’s user-friendly interface as well as its efficient risk and capital management. A year on, KiloEx launched hybrid vaults that let liquidity providers earn […]

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ForkLog 19 05.09.2024

Euler Finance Relaunches with Enhanced Protocol Following $200 Million Breach

The Euler Finance team has launched the second version of its DeFi protocol. The relaunch follows a $200 million attack in March 2023 and comes after 31 audits by Certora, Omniscia, OtterSec, Open Zeppelin, Trail of Bits, and other experts, reports The Block. v2 is positioned as a “meta-lending protocol.” It is designed to allow […]

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ForkLog 10 05.09.2024

Trump-Linked World Liberty Financial Team to Receive 70% of Tokens, Reports Say

Insiders at World Liberty Financial, a project associated with the Trump family, are set to receive 70% of WLFI tokens, according to a draft white paper. This is a significant allocation for a project that aims to address the issues of “dishonest” TradFi, reports CoinDesk. The document indicates that the founders, team, and service providers […]

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