The DeFi industry continues to attract the attention of crypto enthusiasts around the world. cryptocoin.com We’ve compiled some of the week’s top 10 DeFi altcoin updates. The list also includes the Perpetual protocol and the WOO Network strategic partnership, and the CertiK and Kava Labs partnership. Also, don’t miss the “Squid Game” meme contest by Axie Infinity and Rigel Protocol…
WOO Network Perpetual Protocol
partnership
Last week, WOO Network announced a strategic partnership with the Perpetual protocol. Therefore, the association aims to bring institutional liquidity to the Perpetual protocol. In addition, on-chain derivatives trading will be developed for the WOO network.
DeFi altcoin project Kava Labs collaborates with CertiK
Kava Lab is focused on securing its ecosystem. To achieve this, Kava has partnered with blockchain security firm CertiK. As a result, CertiK will receive a portion of the $185 million Kava firing fund. Finally, funding will go towards routine security assessment of real-time threat monitoring of the Kava ecosystem.
Dvision Network launches NFT product on TribeOne
The Dvision network recently launched its unique NFT loan products using the TribeOne platform. TribeOne is the first AI-powered NFT and DeFi financing platform. Also, the partnership will make it possible for users to enjoy unlimited access to Dvision’s upcoming NFT market.
Axie Infinity and Rigel Protocol – “Squid Game” meme contest
Axie Infinity recently launched “AXS farming” on the Rigel protocol. To commemorate this, both companies are holding a “Squid Game” Meme contest. The competition started on October 6, 2021 and is expected to end on October 12, 2021. The best Meme will get 300 RGP and 1 AXS. The second and third place will receive 150 RGP and 0.5 AXS and 100 RPG and 0.25 AXS respectively.
SingualarFarm partnership with Game1
Popular next-generation DeFi platform SingularFarm recently made a partnership announcement. The platform has strategically partnered with the Game1 network. Therefore, users can stake GAME1 tokens against USDT (GAME1/USDT) to earn SING tokens. Also, SING token can be used to buy GAME1 token.
Kava Labs launches meme contest
Last week, Kava labs launched its first official Breast Contest. Users submit their most creative Memes and have a chance to win 10,000 SWP tokens. Also, the Meme contest will help raise awareness for the entire Kava Ecosystem.
DeFi altcoin SingularFarm is now on Phantom
Singularfarm recently released on Phantom Chain. As a result, major projects on Fantom Chain such as SpookySwap and Jetfuelfinance will function as official partners of SingularFarm. Also, users will be able to win prizes.
Krystal DeFi joins Avalanche ecosystem
Multichain DeFi and NFT management platform Krystal have strategically partnered with Avalanche. Therefore, the partnership will provide a cost-effective token exchange using Pangolin DEX and Kyber Network.
graypes partnership with Alliance Block
Popular DeFi platform Alliance Block has partnered with Graypes to connect interested investors with viable startups. Also, Graypes is a Switzerland-based firm that uses algorithms and artificial intelligence to rank startups.
DeFi altcoin RealFevr, polygon bridge
RealFevr has announced a strategic partnership with Polygon. Therefore, users can now use the RealFevr native token, FEVR, on Polygon cheaply and more quickly.
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