In this article, let’s list the current developments from USI, the first stablecoin to be launched on the Shiba Inu network, 4 altcoin projects to the Aave V3 liquidity pool.
Aave launches V3 liquidity pool
DeFi protocol Aave announced the release of Aave V3, which marks a significant evolution in the current model of liquidity pools by promising to increase financial efficiency, support existing security and safety measures, and encourage greater decentralization through DAO development. The V3 upgrade will offer upgrades such as cross-chain asset functionality, community contribution tool, gas optimization model that is expected to reduce fees by 20-25%, and high efficiency mode, among others.
Michael Warren, a former White House adviser under the Obama administration, joined Ripple as the company fought for US crypto regulatory clarity. Ripple CEO Brad Garlinghouse had this to say about Warren’s collaboration with the company:
Michael has deep experience and an impressive track record advising top public and private sector leaders during critical moments. At a time when Ripple looks to its next phase after a record year of success in 2021, Michael’s unique expertise is an invaluable guide to guiding our next steps towards accelerated company growth and wider adoption of Ripple’s offerings from customers around the world. will be the source.
Shiba Inu (SHIB) will launch its first stablecoin called SHI. First mentioned in a blog post by Shiba Inu founder Ryoshi in May 2021, the stablecoin is scheduled to be released on both the Shibarium layer 2 and Ethereum Blockchain. As explained in the blog post, SHI will be a global stablecoin that will be used as a payment method and a store of value.
The Ethereum-based DEX Sushi (SUSHI) price surged overnight before the launch of Trident, a decentralized exchange that sets a new standard. Trident can empower and synergize with automated market makers, providing a framework for building and deploying AMM. Trident’s classic pool operates on the network of Ethereum scaling solution Polygon. With Trident, users can move liquidity from their SushiSwap positions. cryptocoin.com You can find the listing and investment news we have compiled here.
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