As we enter the end of another week, the developments in the crypto money market, which is active for 24 hours, do not stop. In this article, we will cover some of the events that are critical for various altcoin projects. Here are the details…
Critical days have arrived for these altcoin projects
- Aave (AAVE) is launching the GHO mainnet today.
- Flare (FLR) is launching its airdrop process called Flaredrop today.
- DAOCON Paris 2023 conference starts tomorrow.
- MultiversX (EGLD) is launching the Hatom mainnet tomorrow.
- NEAR is attending the ETHCC conference. The conference will take place on 16 July.
- Nuls (NULS) will hold a question and answer event with its SCO partner.
- Puma and Jay-Z’s Roc Nation have launched a range of sneakers that offer access to exclusive NFT content, priced at $130 each, equipped with NFC-enabled chips and instantly scanned.
- DeFi lending deal Liquity has stated on its official social media that Liquity V2 will be released for public staking in 2024. The V2 version will expand existing products and provide a new reserve support with the staked ETH stablecoin model.
- Blockchain analytics firm Flipside Crypto and ConsenSys’ Layer2 network Linea have launched a temperature control proposal in the Aave community to “deploy Aave V3 on the Linea mainnet”. It was stated in the proposal that the proposal has not yet been put to a vote. According to the fixed schedule, the team expects to advance the discussion to the follow-up governance phase by mid- to late-August. Linea allows Aave to use distributions created by the Consensy suite of products when deployed on the Linea mainnet.
- BNB Chain’s lending deal Venus Protocol has officially released its V4 white paper. The new version improves risk management, decentralization and user experience. Among them, in terms of risk management, Venus V4 introduces Isolated Pools, which aim to solve the shortcomings of using a single liquidity pool for protocol creation and increase scalability for the largest liquidity protocol on BNB Chain.
- Venus isolates the risk of assets from the core pool of the protocol; provides an isolated environment for assets that are much less volatile than traditional crypto assets, rather than being highly volatile; By offering new pools, the risk management and functionality of each individual pool can be thematically tailored for any asset class or profile. The isolated pool system is based on the PoolRegistry contract. It maintains a directory of independent lending repositories, allows creating and registering new repositories, and provides getter methods for retrieving pool details.
- DeFi infrastructure Maverick Protocol has tweeted that it now supports the transfer of MAV tokens between Ethereum and BNB Chain via the cross-chain bridge Stargate.
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