Chicken bonds are a bonding mechanism that can be applied to yield-bearing tokens to bootstrap protocol-earned liquidity while boosting yields for bonders. The enhanced yield on boosted tokens is derived from yield generated on liquidity owned by the protocol as well as liquidity from users bonding underlying tokens to newly issued boosted tokens.
🌅 Welcome! Rockstar Games (makers of GTA) joins Minecraft as the next big gaming platform to rebuke NFTs. Meanwhile, Genesis […]
NFT wash trading is a subset of price manipulation that occurs for two main reasons. The primary reason is to earn trading rewards from incentivized platforms such as LooksRare and X2Y2. These platforms are indifferent about artificial volume as their token stakers benefit. The second reason is to manipulate the historical price and volume of an NFT collection. Deceiving potential buyers is uncommon and unsuccessful, but it remains.
🌅 Welcome! El Salvador plans to purchase 1 BTC per day to increase the country’s holdings. Elsewhere, Redbull’s Lei the […]