Polygon will undergo a hard fork; Amara Finance and Hubble Protocol will conduct IDO | This Week's News Preview
This Week's News Overview (January 17 - January 23)
- The NFT trading platform Monfters Club NFT will announce its roadmap this week.
- Polygon (MATIC) will undergo a London hard fork to introduce a burning mechanism.
- The U.S. House of Representatives will hold a supervisory hearing on the energy consumption of cryptocurrencies.
January 17
The Polkadot lending protocol Amara Finance will conduct an IDO on Solarbeam, aiming to raise $300,000 at a price of $0.5 per MARA token. (Details)
The decentralized reserve currency protocol DarumaDAO will hold an IDO on YokaiSwap from 9:00 AM on January 17 to 9:00 AM on January 18, Beijing time. This IDO will be a fair launch, with the development team not retaining any tokens from the community, and plans to raise 20,000 DRM at a price of $15 per token. (Details)
The Solana ecosystem DeFi derivatives trading platform Zeta announced it will launch on the Solana mainnet at 10 PM Beijing time. Additionally, Zeta has established strategic partnerships with crypto derivatives market makers LedgerPrime and Pattern Research to ensure first-day liquidity for all trades on the platform. (Details)
The NFT of Pulp Fiction by American film director Quentin Tarantino will begin auctioning on January 17. Each NFT reportedly features images of Tarantino's original handwritten script, accompanied by new audio commentary from the director himself. The NFTs will be minted on the SecretNetwork, containing hidden content viewable only by the owner. (Details)
January 18
Polygon (MATIC) will undergo a London hard fork on January 18 to introduce a burning mechanism. (Details)
January 19
The decentralized social and information indexing protocol RSS3 released its white paper and will publish an NFT version of the white paper at 10 PM Beijing time. (Details)
The DeFi insurance market CoverCompared will launch its mainnet DApp on January 19. (Details)
January 20
The U.S. House of Representatives will hold a supervisory hearing on the energy consumption of cryptocurrencies. The hearing, titled "Cleaning Up Cryptocurrency: The Energy Impacts of Blockchains," will focus on proof-of-work (PoW) blockchains represented by Bitcoin and Ethereum. (Details)
The Solana developer ecosystem Launchpad platform SolRazr announced that the DeFi and algorithmic stablecoin project Hubble Protocol will conduct an IDO on its platform at 10 PM Beijing time on January 20, with a total allocation of $2 million, and whitelist applications will open at 10 PM on January 18, Beijing time. (Details)
The Cardano decentralized exchange SundaeSwap will release its mainnet Beta version, after which liquidity providers participating in Yield Farming will earn SUNDAE rewards, with the activity lasting for at least six months. (Details)
The DeFi security cryptocurrency growth platform Kava 9 mainnet is ready and is scheduled to launch at 00:00 Beijing time on January 20, 2022. (Details)