DeFi Daily News,January 4th, 2021

1.On January 3, according to Skew Analytics data, the open position of Bitcoin futures once exceeded 10 billion U.S. dollars, a record high. According to data from Asset Dash, the current market value of Bitcoin is 637.235 billion U.S. dollars. Compared with the stock market value of well-known companies, it ranks 8th, surpassing Alibaba. Alibaba’s market value is now reported at 629.682 billion U.S. dollars. Tesla’s current market capitalization is $668.905 billion, ranking seventh. In the same period, on January 4, according to BitUniverse market data, the price of Ethereum broke through the $1,000 mark in a short time, reaching a maximum of $1,010, a 24-hour increase of over 26%.

2. According to the ChainNews, the decentralized autonomous organization Badger DAO initiated the governance proposal BIP 19 to reduce DIGG supply from 6,250 to 4,000. The proposal is currently being voted on. Since the launch of Badger DAO, the chain lockup has exceeded 500 million US dollars, reaching 549 million US dollars. Previously, the decentralized autonomous organization Badger DAO announced the DIGG airdrop mechanism through the governance proposal BIP 14, airdropping 14.5% of the total supply of DIGG to Badger DAO users (users who have used the application since the launch of Badger DAO). According to the proposal, the airdrop will be based on 3 indicators, the earned Badger token rewards (accounting for 55%, the total number of BADGER rewards obtained by an address, both the claimed and unclaimed are valid), the earned the ratio of Badger token reward/staking Badger days (accounting for 35%) and the number of Badger tokens pledged all the time, the proposal is still being voted on.

3. According to BlockBeats news, on January 3, the cryptocurrency derivatives trading platform Deribit announced that it had launched a bitcoin option with an exercise price of US$200,000. The contract specifications of this option are like those of other options on Deribit. The option expires on December 21, 2021.


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