1. Bitcoin was able to hit $10,800 Tuesday before falling on U.S. Pres. Donald Trump’s stimulus tweet. Meanwhile, the DeFi ecosystem’s most popular wallet hit 1 million users. Bitcoin (BTC) trading around $10,555 as of 20:00 UTC (4 p.m. ET). Slipping 1.6% over the previous 24 hours, which trading range was between $10,528 and $10,800.
2. ConsenSys announced the launch of MetaMask Swaps, which allows users to directly compare and exchange tokens based on MetaMask, and integrates multiple aggregation applications (such as Uniswap, Airswap, Kyber, 0xAPI, linch.exchange\dex.ag, Paraswap, Totle and Private market makers), which can obtain quotes from multiple decentralized liquidity sources, allowing users to access the deepest liquid trading pairs in the DeFi ecosystem to ensure that users conduct token transactions at the best price. Initially this feature is limited to the MetaMask extension on the Firefox browser, and will soon support other browsers and MetaMask mobile.
3. According to the ChainNews, BitMax officially launched the DeFi synthetic asset protocol Linear Finance token LINA at 10:00 today (October 6). The recharge function is now open. The trading pair LINA/USDT will be officially opened at 22:00 tonight. According to official news, Linear Finance will carry out in-depth cooperation with BitMax. The stable currency LUSD in the Linear Finance system will also land on BitMax after its release. After the Linear Finance mainnet goes live, BitMax will become its liquidity provider. The two parties will conduct in-depth integration in the field of synthetic assets. The cooperation direction includes but not limited to synthetic asset casting and LINA pledge.
4. The DeFi project Alpha Homora announced that it will be officially launched at 1:00 PM UTC on October 8th. This is a protocol that supports leveraged mining. It supports up to 3 times the liquidity mining leverage. The current supported fund pool includes WETH/ WBTC, WETH/USDT, WETH/USDC and WETH/DAI. In the Alpha Homora ecosystem, there are 4 roles, namely miners, ETH lenders, liquidators, and bounty hunters. Among them, miners can obtain up to 3 times the size of the initial portfolio for liquidity mining, and ETH lenders can use Lending ETH to earn income, liquidators earn a 5% liquidation bonus through risk liquidation, and bounty hunters can reinvest in Alpha Homora portfolio to earn 3% income.
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
