Today in DeFi

Today in DeFi

Today in DeFi - Fantom Gas Monetization, Celsius Owns Account Assets, Own and Earn on Bluechip NFTs, and More...

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π•―π–†π–“π–Œπ–Šπ–—
Jan 06, 2023
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Fantom Voted For Gas Monetization

X avatar for @FantomFDN
Fantom Foundation@FantomFDN
πŸ“’ Fantom’s latest governance proposal has passed, bringing gas monetization to successful dApps! Along with optimizing demand for block space, this implementation rewards quality creators on #Fantom in a sustainable way, using a methodology similar to affiliate incentives. 🧡
7:02 PM βˆ™ Jan 4, 2023

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Fantom governance passed the gas monetization proposal, in which Fantom will reduce the burn rate from 20% to 5%, and redirect the 15% to incentivize usage/transactions of Fantom dApps.

Celsius Owns Account Assets

X avatar for @jacqmelinek
Jacquelyn Melinek@jacqmelinek
.@CelsiusNetwork had ~600K accounts in its Earn program. The accounts held a total value of $4.2B as of July 10, 2022. About $23M of that consisted of stablecoins. But all of that is now Celsius' property, a bankruptcy judge ruled.
11:03 PM βˆ™ Jan 4, 2023

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The Judge of the Celsius bankruptcy case ruled that the funds deposited to Earn Accounts, which amount to $4.2 billion, are the property of Celsius, not the investors.

Juno Pauses Buying Service

X avatar for @delitzer
Dan Elitzer 🌱@delitzer
Since people are still replying with this: yes, it’s confirmed that the partner is @sendwyre. Funds still in crypto on Juno that could potentially be affected is now down to $1.25M. Full update from the Juno team: https://t.co/cRrjMV7uP5
X avatar for @JunoFinanceHQ
Juno@JunoFinanceHQ
1/ Update on @JunoFinanceHQ in the last 24 hours At Juno, we aim to be the easiest and fastest on and off-ramp for crypto. ~90% of our crypto native users have always used Juno as an on and off-ramp. Juno offers these services via its banking and crypto partners.
11:54 PM βˆ™ Jan 4, 2023

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Juno, an on/off-ramp crypto platform, has disabled its crypto buying service and recommends users withdraw their funds to self-custody to potentially avoid being affected by the Wyre shutdown.

Bebop Live on Arbitrum

X avatar for @bebop_dex
Bebop@bebop_dex
✨ Bebop is now live on @arbitrum! (πŸ’™,🧑) ✨ Arbitrum One is an EVM-compatible optimistic rollup, known for lower fees and speedy transactions. ⚑️ Try it out for yourself at bebop.xyz. πŸš€
3:17 PM βˆ™ Jan 4, 2023

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Batch-swapping DEX Bebop expands from Ethereum and Polygon to Arbitrum.

Own and Earn on Bluechip NFTs…

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