🔥Weekly Update
🚀 WAM•RUNES•ON•BTC -> First Block -> Launching Soon
🔥 We Airdropped $WAM holders on #Solana
📹 WAMFarm - Sneak Peek, A New Product from WAM
#btc#BNBChain#solana#multiversx#runes#gamefi
🔥 $HAPI BEP-20 is now available on @gate_io!
👉From now in you can deposit and withdraw your BNB Chain (@BNBCHAIN) $HAPI tokens to and from Gate!
❗Stay tuned for more updates 👀
🚀 RocketX's revolutionary "Wallet-less Swap" feature is set to launch in 2 weeks, offering unparalleled benefits:
🔒 Security: No wallet connections or transaction approvals are required.
🔗 Compatibility: Trade with ANY wallet seamlessly
🌐 Interoperability: Unlocking access to a broader range of blockchains and tokens.
How it works:
1️⃣ Select tokens.
2️⃣ Send token A to RocketX's address.
3️⃣ We'll execute the trade and send token B to ANY wallet address you choose on ANY blockchain.
Simplify your crypto trading experience with RocketX! $RVF #WalletlessSwap #CryptoInnovation 🌟🔄
📚Indigo Protocol V2 Interest Explained.
🏛️ Interest is determined by the #DAO.
The Indigo DAO votes to set the interest rate, pending an eventual algorithmic rate later in 2024. Fees accrued from interest are received by the DAO Treasury.
🪙 CDPs accrue interest owed on iAssets over time.
Interest owed is accrued on CDP debt to be settled in ADA, and helps balance the cost and benefit between different types of users.
🔁 Users pay off interest using $ADA.
When it is time to pay the interest, users pay the fee in the equivalent value of ADA.
Example: A user's debt is $1.00 worth of iAsset.
- Paid with 1 ADA if ADA were $1.00
- Paid with 1.66 ADA if ADA were $0.60
💧 Liquidation covers the interest from CDP collateral.
If a CDP is liquidated, the accumulated interest is automatically deducted from its ADA collateral.