DeFi Daily News,September 8th, 2020

ONEROOT
1 min readSep 8, 2020

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1. Following Binance’s launch of Binance Mining (BSwap) on September 4. Binance launched another innovative product-LaunchPool yesterday. Binance platform currency BNB, Binance U.S. dollar stable currency BUSD and other currencies are directly introduced into DeFi mining to “continue life” DeFi.

2. According to BlockBeats news, Bitcoin fell below 10,000 U.S. dollars for a short time, and the market liquidated 411 million yuan in 24 hours. According to TheBlock Research, Ethereum miners generated $285.1 million in revenue in August, an increase of 98.2% from the previous month, a record high in 25 months.

3. On September 8, Swipe Wallet announced on Twitter that SOL (Solana) and DOT (Polkadot) officially launched Swipe Wallet. Users can use the associated debit card and credit card to buy and sell tokens, and exchange with other tokens supported by the Swipe wallet.

4. According to the ChainNews, YFII, a decentralized aggregation revenue agreement, stated that it has received the first batch of BAL token rewards provided by Balancer, a decentralized transaction agreement, with a total of 679.83 tokens worth 21,814 USD. The reward comes from YFII/DAI funds Pool, you will receive a reward of this fund every week. Regarding the distribution of rewards, the community has initiated a proposal to vote. The voting option is to put it in the revolving mining pool and replace it with yCRV to encourage voters to participate in voting and inject community funds.

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