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

Fantom Voted For Gas Monetization

Fantom Foundation @FantomFDN

📢 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. 🧵

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

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.

techcrunch.comBankruptcy judge rules Celsius Network owns users’ interest-bearing crypto accountsA federal bankruptcy judge ruled cryptocurrencies deposited into interest-bearing accounts at Celsius Network, a now-bankrupt cryptocurrency lending platform, actually belong to the firm – thanks to the fine print. The verdict gives Celsius ownership of the $4.2 billion in cryptocurrency that users…

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

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

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.

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

Bebop @bebop_dex

✨ Bebop is now live on @arbitrum! (💙,🧡) ✨ Arbitrum One is an EVM-compatible optimistic rollup, known for lower fees and speedy transactions. ⚡️ Try it out for yourself at bebop.xyz. 🚀

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

Own and Earn on Bluechip NFTs…