DeFi Daily News，November 3rd, 2020

1. Bitcoin opened the week recovering from a dip while ether balances on centralized exchanges fell. Bitcoin (BTC) trading around $13,673 as of 21:00 UTC (4 p.m. ET). Slipping 1.2% over the previous 24 hours, which trading range was between $13,221 and $13,877.

2. According to Binance, at 08:00 am (Hong Kong time) on November 3rd, Binance’s latest launchpad project Axie Infinity (AXS) completed a snapshot and will open for ticket purchase after 14:00 today. It is worth noting However, this event will close the lottery subscription at 14:00 on November 4 and start lottery. The official website shows that after 16:00 on November 4, the official will announce the result of the lottery, and within 24 hours the BNB in the account that has successfully subscribed will be deducted. Please ensure that the spot account has enough BNB (order, Binance) during this period. BNB in treasure, sub-account, margin account, contract account, legal currency account, card wallet account, and new currency mining are not within the scope of deduction).

3. According to the ChainNews, the on-chain liquidity underwriter KeeperDAO announced the introduction of the governance token ROOK for the protocol, allowing token holders to propose and vote on protocol upgrades, and manage LP (liquidity provider) and Keeper (custodian) Profit sharing between. KeeperDAO believes that decentralization is progressive. Over time, the protocol will evolve into a decentralized autonomous organization (DAO) driven by native tokens. The initial total of ROOK tokens is 1 million, and they are fully circulated at the time of launch, but in the future, they will be converted to an inflation model and changed through governance. The main distribution mechanism of ROOK tokens is liquidity mining and arbitrage mining. The contract will hold 200,000 ROOKs, LP can be divided into 60,000, and Keeper can be divided into 140,000. This part of the tokens will be distributed To community members who pledge ETH, WETH, USDC, RenBTC and DAI.

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