DeFi Daily News,December 7th, 2020

ONEROOT
2 min readDec 7, 2020

--

1. On December 7, according to OKLink data from OKLink, the number of active addresses on the Bitcoin chain in the past seven days (11.30–12.06) totaled 5.5804 million, a decrease of 0.18% from the previous month; the number of new addresses totaled 3.5674 million, an increase from the previous month. 0.36%; the total transaction volume on the chain was 3.6408 million BTC, a decrease of 6.17% from the previous month; the average hash rate for the seven days was 133.9 EH/s, which was an increase of 2 EH/s from the previous month. Currently, there are 836,797 wallet addresses with a Bitcoin balance greater than 1 BTC, an increase of 3115 from the previous month; the wallet addresses with a balance greater than 100 BTC are 16,270, a decrease of 6 from the previous month.

2. According to the ChainNews, Index Cooperative, a cryptocurrency index community, will extend the liquidity mining of governance token INDEX by 30 days after community voting, which means that after this round of liquidity mining ends on December 7, it will continue to start the second round the second round of mining lasts 30 days. The new round of liquidity mining will start at 12 p.m. Pacific Standard Time on December 7 and end at 12 p.m. on January 7, 2021. In this round of mining, the Uniswap pool size of the DPI/ETH trading pair is 30 million U.S. dollars (15 million U.S. dollars ETH and 15 million U.S. dollars DPI), and the target APY interest rate is 30%. Users who are participating in liquidity mining need to use tools to migrate DPI/ETH Uniswap LP tokens before continuing the second round of mining.

3. On-chain options agreement Opyn plans to launch version v2, which is currently under review. The Opyn v2 version will improve the efficiency and liquidity of capital utilization. New features include cash-settled European options, improved margin utilization, currency options that automatically exercise at expiration, earning income based on collateral, and governance tokens. Other functions include call options without multipliers, operator functions (allowing users to delegate control of their vaults to third-party smart contracts), option prices will be settled using oracles, and lightning option casting without collateral. In addition, once the product is whitelisted, anyone can create new options on Opyn v2.

English:

Telegram-en/ONEROOT network/R1 protocol/Reddit/Twitter/Medium/Linkedin/Facebook/Github

Instagram: @onerootnetwork

Youtube: @OneRoot Project

Chinese:

Telegram-cn/Weibo

Official QQ group: 6644849O

Official WeChat account: oneroot_admin

--

--