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Georgetown, Cayman Islands, July 2, 2024, Chainwire – DG Labs Ltd (DeFi.Gold) proudly announces the release of the public alpha version of its highly anticipated NFT marketplace, which now supports ordinals. This milestone marks the beginning of a new era in digital asset trading and ownership.

The public alpha release offers users an early look at the revolutionary decentralized marketplace designed to empower creators, collectors, and investors in the burgeoning NFT space. By backing Ordinals, DG Labs Ltd ensures a seamless experience for users to tokenize, trade, and showcase unique digital assets with increased accuracy and versatility. The marketplace can be accessed at https://nft.defi.gold.

“We are excited to launch the public alpha version of our NFT marketplace,” said Mona Coyle, CEO of DeFi.Gold. “This is a major step towards realizing our vision of a comprehensive, user-friendly platform that meets the diverse needs of the NFT community.”

Development timeline

DeFi.Gold is committed to continuous improvement and innovation. Following the release of the public alpha, the platform is expected to integrate support for the Taproot Assets protocol by mid-August. By the end of August, DeFi.Gold plans to introduce support for NFTs based on the RGB protocol.

Both Taproot Assets and RGB leverage new features of the Bitcoin protocol that enable the creation of smart contracts and cutting-edge tokens on the Bitcoin blockchain, including NFTs. These additions will make DeFi.Gold’s marketplace the first to comprehensively support all major Web3 standards built on Bitcoin.

The marketplace is scheduled to go live on the mainnet in full in mid-September. This launch will include all the advanced features and improvements introduced during the public testing phases, ensuring a polished and powerful platform ready for widespread adoption.

“We are committed to delivering a marketplace that is not only feature-rich, but also secure and efficient,” added Mona Coyle. “Our roadmap reflects our commitment to providing our users with the best possible experience in the world of NFTs.”

DeFi.Gold Launchpad and DEX

DeFi.Gold will also launch this summer a launchpad and DEX for fungible tokens on the Bitcoin blockchain based on the Taproot Assets, RGB, and Runes protocols.

For further information, users may contact:

Mona Coyle

E-mail: [email protected]

Twitter: @TeamDefiGold

About DeFi.Gold

DeFi.Gold is revolutionizing the Bitcoin blockchain with its non-custodial decentralized exchange (DEX) and NFT marketplace. Built on Bitcoin’s L1 and Lightning network, it offers enhanced scalability, efficiency, and advanced features. Supporting Taproot, RGB, and Rune tokens for its exchange exchange, it enables trading of various assets including memecoins, utility tokens, DAO tokens, and stablecoins. Its NFT marketplace improves liquidity for creators and collectors.

The platform integrates with leading Bitcoin web wallets and supports Lightning Network transactions for fast, low-cost transactions. DGOLD, the governance token, enables community-driven decisions, driving innovation in decentralized finance on the Bitcoin blockchain.

Contact

Mona Coyle
DG Laboratories Ltd.
[email protected]

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London, UK, July 4, 2024, Chainwire

In a revolutionary gesture, YieldNest announced the merger of PrimeStakedprimeETH, YieldNest’s liquid restaking token (LRT), into YieldNest’s highly anticipated ynLSD offering. This collaboration marks a significant step forward in the DeFi landscape by providing primeStaked users with YieldNest’s advanced technology to deliver unmatched benefits. This aligns with YieldNest’s vision to become the premier liquid management and programmatic yield layer for restored DeFi assets.

To celebrate, YieldNest is offering exclusive benefits to primeETH users and additional access to YieldNest’s community incentives, which are expected to exceed 60%.

PrimeStaked: a journey of innovation and commitment

PrimeStaked, an initiative of Original protocolalways strives to stay at the forefront of the evolving DeFi industry. Since its inception, PrimeStaked has been dedicated to providing benefits to users, constantly innovating to improve the user experience. This merger with YieldNest ensures that PrimeStaked users remain at the forefront of the industry, benefiting from enhanced opportunities.

YieldNest: Shaping the Future of Restaking

YieldNest is renowned for its innovative approach and cutting-edge technology, setting new standards in the industry with the backing of notable angel investors including the founders of Curve (Michael Egorov), Convex (Winthorpe & C2TP), Frax (Sam Kazemian), Kyber (Loi Luu), Algorand (Steve Kokinos), Yearn (Wavey), Moralis (Ivan on Tech) and others.

Committed to creating a sustainable product designed for long-term success, YieldNest offers unique solutions such as controlled AVS exposure with YieldNest/external curated LRTs and isolated LRTs that are built around multiple re-staking protocols. YieldNest’s products aim to provide real, safe, and maximum risk-adjusted returns.

YieldNest pioneers ynLSD (ynLSDe, ynLSDs) and ynUSDs

As part of the primeETH merger, YieldNest will launch its new products:

LSD is YieldNest’s innovative Liquid Restaking Derivative (LSD) that aims to maximize user yields by leveraging other DeFi tokens, such as OETH. LSDs allow users to stake their assets while retaining liquidity, meaning they can still use their staked assets in other DeFi activities. YieldNest’s first ynLSD offering will be:

1. ynLSDe – the liquid re-staking solution on EigenLayer, designed to unlock the next generation of ETH yields and EigenLayer rewards. Leveraging EigenLayer’s infrastructure to provide users with yield opportunities through custom re-staking strategies.
2. ynLSD – an innovative approach to resttaking within the Symbiotic ecosystem. The ynLSDs token leverages Symbiotic’s infrastructure to provide users with access to Symbiotic yield and reward opportunities.

ynUSD – is designed to deliver competitive yields and symbiotic rewards on USD-denominated assets with risk-adjusted returns through innovative strategies tailored to the unique characteristics of stablecoins.

YieldNest aims to fully transition to a DAO and sub-DAO structure for community decision-making. The goal is to create a decentralized, autonomous protocol that can operate independently of the core team. The governance structure includes chambers, each run by elected leaders based on staked YND tokens, with each chamber voting on specific categories of issues. This transition emphasizes the importance of a community-aligned token distribution, gradually shifting power to the community, making YieldNest a fully decentralized liquid re-staking protocol that can operate, maintain, and grow from within.

YieldNest’s vision is vast and aims to shape the future of resttaking by providing comprehensive information on all associated risks. With its independent risk team and audits for top-tier auditors, it offers more security and stability to its users. This merger will introduce primeETH users to a new network of opportunities, improving their ecosystem and offering additional yields and rewards through protocols like EigenLayer and future partners like Symbiotic.

Joining forces for a promising future

This merger is more than a strategic alliance; it is a logical step in the journey of YieldNest and PrimeStaked.

PrimeStaked users will now have access to YieldNest’s superior technology and innovative products, allowing them to stay at the forefront of the DeFi industry. This collaboration aims to create a more robust, secure, and rewarding environment for all users, paving the way for a brighter future.

To celebrate and reward all loyal primeETH users migrating to YieldNest, primeETH users are enjoying exclusive benefits, available for a limited time only:

• Airdrop PrimeStaked YieldNest
• YieldNest Seeds Bonus (+5% bonus for primeETH users)
• Receive Pioneer NFT + 15% permanent boost (‍Migrated 5 OETH or more)
• Receive AVS/Network returns and Airdrops
• And many more

For all migrated primeETH users and YieldNest native users, YieldNest plans for the total airdrop allocation to be no less than 15% of the total YND supply and aims to increase the amount allocated to airdrops based on the increase in TVL over time with the goal of being one of the most generous airdrops to hit the market in the resttaking vertical with community incentives planned at over 60%.

About YieldNest

Led by industry veterans, YieldNest aims to be the superior liquid transplanting solutionunlocking next-generation strategies and establishing itself as the leading protocol for redistributed liquid assets.

About PrimeStaked, an Origin initiative:

Prime Staked ETH (primeETH) is a re-staked liquidity token (LRT) from Origin, which provides liquidity for assets that have been deposited into EigenLayer.

For press inquiries regarding YieldNest, users may contact media@yieldnest.finance.

Contact

Media Team
media@yieldnest.finance

Source

LIF3 LABS LTD is excited to share an industry-defining announcement from lif3.com. Lif3.com (LIF3/USD)(LIF3/USDt)the revolutionary omni-chain DeFi Layer-1 ecosystem that runs on Ethereum, Polygon, BNB Chain and Fantom via the LayerZero bridge, is excited to announce its first partnership with evmOS to launch THE WORLD’S FIRST LAYER 1 SOLUTION“Lif3 Channel” – designed for public use without permission with organized contract deployment.

This partnership sets a new standard in blockchain technology and DeFi security, enabling seamless, secure, and efficient deployment of smart contracts while maintaining the highest levels of transparency and accessibility. The integration of evmOS marks a new milestone in the evolution of decentralized applications, promising unprecedented opportunities for developers and businesses around the world.

Why Lif3 Chain is a Game Changer in DeFi

Highlights:

1. Revolutionary security: “Lif3 Chain” directly addresses the most pressing vulnerabilities in DeFi, including malicious contracts, flash loans, rug pulls, and prime contracts. By organizing the deployment of contracts, “Lif3 Chain” ensures that only safe and valuable contracts are implemented, significantly increasing the security level of DeFi.
2. Unparalleled efficiency:With the integration of evmOS, “Lif3 Chain” facilitates the seamless, secure and efficient deployment of smart contracts. This democratizes access to advanced blockchain technology, enabling developers and enterprises around the world to leverage smart contracts with unprecedented ease and reliability.

A milestone in blockchain innovation

Harry Yeh, Managing Director of Quantum FinTech Group, describes the partnership as a breakthrough in the blockchain industry. “By introducing the world’s first Layer 1 solution for permissionless public use with curated contract deployment, we are improving the security and efficiency of smart contract implementation and democratizing access to this transformative technology that is revolutionizing DeFi as we know it.”

Tackling DeFi’s Biggest Challenges

“DeFi security is paramount to the Lif3 project. The market currently lacks solutions to prevent malicious contracts and unnecessary token deployments, which plague all permissionless blockchains. With Lif3 Chain, these issues become a thing of the past, paving the way for a secure and efficient DeFi ecosystem.”

“Having experienced these issues myself, I believe the future of DeFi will be one where curated contract deployments become an industry standard. Think the App Store, but for smart contract deployments!” adds Yeah.

Expanding the DeFi ecosystem

Lif3.com and the “Lif3 Wallet” continue to attract those dedicated to the future of decentralized finance and blockchain. Their unwavering commitment to innovation solidifies Lif3’s position as a pioneer in the digital economy. The Lif3 mobile app exemplifies their vision, providing a complete solution for onboarding, investing, trading, earning, gaming, iGaming, and exiting.

Daniel Burckhardt, Director of Business Development at evmOS, said: “LIF3, powered by evmOS, is now compatible with two of the most trusted blockchain building blocks: IBC and EVM. We look forward to seeing LIF3 expand the DeFi landscape and open new doors for users and developers.”

Why your audience needs to know about Lif3 channel

This partnership marks a significant milestone in the DeFi space, signaling a new era of secure and efficient blockchain technology for the world. As Lif3.com and evmOS lead the charge to revolutionize decentralized finance, we believe this story is of immense value to your audience, showcasing the next big leap in blockchain innovation.

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PayPal The stablecoin, $PYUSD, has quickly carved out a robust ecosystem on the The Solana blockchain. In a short time, it was perfectly integrated into the Challenge landscape and is now widely available on major decentralized exchanges (DEX).

Over the past month, the $PYUSD cryptocurrency market cap has seen a remarkable 21% increase, propelling its total market cap to approximately $400 million. This milestone positions the $PYUSD cryptocurrency as the tenth-largest stablecoin in the market.

Speaking of stablecoins,

PayPal’s stablecoin $Pyusd has gained more than 21% in market capitalization over the past month.

It currently owns around $400 million worth of MC, making it the tenth largest stablecoin in the market.

Source: @intotheblock pic.twitter.com/jKot54ZMk6

— WonderGirl 🥷 (@Onlywondergirl) May 31, 2024

Kamino Financing has played a pivotal role in expanding the $PYUSD ecosystem by offering highly attractive deposit yields. Currently, investors can earn over 20% APY on their $PYUSD deposits via Kamino, generating significant interest from the DeFi community.

@PayPalThe new stablecoin of $PYUSD already forms an ecosystem on Solana

As shown below, it is integrated into the DeFi ecosystem and is available on major DEXs.

But one protocol stands out: @KaminoFinance which captured a significant share of the growth $PYUSD… pic.twitter.com/JrjAlh1ukH

— Vybe Network (@Vybe_Network) July 2, 2024

PayPal’s popularity extends to over $400 million PYUSD in circulation

PayPal’s stablecoin has been on the rise in popularity over the past year. With over $400 million PYUSD in circulation, about 30% of that is actively used on DeFi platforms. Notably, over $50 million is traded on decentralized exchanges, with Curve being one of the leading venues.

PayPal stablecoin $pyUSD has been gaining popularity every day for the past year

Currently, there is over $420 million pyUSD in circulation, 30% of which is in DeFi and over $50 million in decentralized exchanges (mostly on Curve)

🐂 pic.twitter.com/MH6n5l50ec

— Worms (@MarcoWorms) July 1, 2024

As $PYUSD continues to gain traction, its integration into DeFi and DEX ecosystems on Solana underscores its growing importance in the stablecoin market.

Disclosure: This is not trading or investment advice. Always do your research before purchasing cryptocurrency or investing in any service.

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