CryptoAdventure

vEmpire DDAO: The Fight for Decentralization Begins as Its NFT and Token Launch Looms

The word decentralization applies in almost every detailed project currently involved in the crypto-verse. However, there's practically no ideal situation where the word should coexist with centralization in any way. Sadly, we live in a world where Decentralized Autonomous Organizations (DAOs) have willingly sunk into centralized concepts. If Satoshi were around to see the future decentralization at the moment, would he jump in joy? This is where vEmpire comes in.

vEmpire is a Democratic Decentralized Autonomous Organization (DDAO) that plans to revamp fairness and decentralization back to DAOs. The project lives by the word that rewards belong to those who portray loyalty and honour in decentralized organizations. It is calling out those going astray, who give the power to their own pockets rather than their communities.

Everyone Seems Fine; Why Fight for Decentralization Now? Founders and big-time investors in the Metaverse & DAOs today control significant aspects of decentralized communities, including monetary features. Other parameters such as voting rights, issuance of NFTs, and coins mainly depend on how deep the investor's pockets seem. If you take a step back, you will realize we are continuously drawing ourselves back to centralized governance in a 'decentralized world.'

Although unnoticed, the essence of control belonging to the community slowly skids away. Centralization essentially means people with higher positions have a more prominent voice within a community, a feat Englishmen call Capitalism.

vEmpire would like to remind stakeholders in DAOs that everyone should have a say. Token holders are just as important as they stand, and without them, an organization is meaningless. Its first target is the Metaverse group, where big players slowly get away with reaping profits from centralized practices.

vEmpire: Amplifying the Voices of the Unheard Decentralized projects such as Decentraland, Decentral Games, Sandbox and Upland operate in ways where decisions lie in the hands of stakeholders. Surprisingly, not many people notice these projects have somewhat become a monopoly of the Metaverse group.

For instance, Metaverse Group has a digitized Real Estate Trust program where users sell their properties, and the former mischievously sells the land back to them at massive premiums. vEmpire identifies the unfairness and firmly suggests these atrocities must stop at once. The project plans to invade these “Decentralised” Metaverses by allowing staking of Metaverse tokens onto its platform, these will then be used continuously to buy land, monetising then reinvesting to gain an overwhelming presence in any Metaverse they set their sites on.

Eventually vEmpire wishes to birth a Metaverse of its own, a home planet where token holders who stake their tokens, just like MANA, will have the potential for massive yields while upholding true decentralization. Users can also earn profits by participating in games using the Empire's gaming token VEMP or by solving the project's NFT puzzle, besides staking and selling the assets.

The VEMP Token: Fueling the Conquest of Decentraland The VEMP token is the native token of the Empire. It is also a currency for trading NFT card battle winners, stakers, liquidity providers and the DDAO at large. Since vEmpire targets the heads of decentraland, VEMP is a perfect way to lead MANA token holders back to decentralization.

Moreover, since decentraland only involves MANA, the Empire plans to integrate VEMP and MANA into the ecosystem.vEmpire aims to buy the virtual assets from Decentraland, including Estates and Land, and monetize as well as customize them in the likes of the Empire.

This initiative will help decentralized communities get back control. All proceeds collected after the sales of properties will be distributed back to the DDAO. Learn more about the Fight against Decentraland here.

Token Presale and Tokenomics The journey begins as vEmpire stands as an incubated protocol on Unicrypt, a protocol that has hosted about 450 projects with only four of them passing the strict criteria to become incubated. Users can participate in the Public Sale of vEmpire's Gamer Token VEMP on Unicrypt's ILO scheduled on 31st August at 2000H BST.

The initial total supply of VEMP stands at 90M. Minting of VEMP tokens will then proceed as follows;

After one to three years,VEMP will be minted at 20 per block In the next four to twelve years, the number comes down to 15 per block After that, in thirteen to nineteen years, it comes to 10 per block In 20 to 21 years, the minting will stand at 5 per block With all parameters tallied in, the total supply stands at 810,720,000 VEMP. xVEMP: Governance to the DDAO

Users can stake their VEMP tokens to earn xVEMP, which immediately enables them to earn rewards and hold voting rights positions. xVEMP holders earn the right to collect profits from card battles and monetized land. This subsequently and automatically should skyrocket the value of xVEMP tokens which can be redeemed for VEMP at any time.

The Empire's voting involves each token holder having one vote, unlike most DAOs where big pockets equal more voting rights. However, to make decisions, the threshold for owning one vote stands at $1000 to send away bots and prevent Sybil attacks.

vEmpire's goal is to reward its users with high profits by rerouting Land and NFT proceeds back to them instead of taking it to stakeholder's pockets. All the Profits earned within the Empire are shared among all staked token holders. Furthermore, with the incentives given by the owners of xVEMP, voting rights belong to the community. For that reason, vEmpire is a democratic ecosystem, a DDAO, and not just any regular DAO. Users can receive rewards from staking after unstaking from the DDAO as the profits received from battles and monetized land. Notably, the rewards come bearing a yield. Click here to find out more about yields from the VEMP and xVEMP tokens.

vEmpire NFTs Presale The vEmpire platform is offering NFTs. They fuel the gaming community, specifically The Founding Soldiers. The NFT fee revenue, after initial development, will be collected and shared among users who stake their VEMP.

The project has already launched its first 100 NFTs, dubbed The Cataphracts, on 1st August at 9 PM BST the auction for vEmpire’s first ever NFT ends with the current bid at 1 Ethereum. The remaining number of NFTs are up for grabs on OpenSea.io at a fair price of 0.1ETH to benefit early supporters. Please take advantage of the sale as it is needless to say the prices are lucrative: you may not get a better signal to buy ever in your life that is as clear as this due to vEmpire stating that these will be the cheapest prices they ever list NFTs at.

Why You Should Join the vEmpire NFT Craze vEmpire have found a way to make the experience exciting. Cataphracts, according to vEmpire, harbour 99 scrolls left by the Emperor, which carry clues to a quest whose end comes bearing gifts. The Empire hid these scrolls from the 2-100th NFTs in the Presale.

For those die-hard puzzle game lovers, each of the 99 NFTs(Cataphracts) on the Presale has distinct letters and numbers that lead players to influencers on social media. These influencers carry with them clues that show users a pathway to another clue. The first clue has already been released by @CathyHackl with only six left with; @intocryptoverse @JihozAxie @DCLblogger @SpartanBlack1 @themooncarl @DENTOSHI

The cycle continues until one captures all the clues, and the winner gets 1% of VEMP's total supply. If VEMP's total supply nears even half that of MANA, you are looking at a prize of $5M. That sounds interesting, right? CEO Dominic Ryder(Romulus) assures you it may very well take years to solve.

About vEMPIRE DDAO LTD vEmpire DDAO Ltd is a UK-based entity that focuses on the true decentralization of Decentralized Autonomous Organizations. The startup, whose leader is Dominic Ryder as the CEO (Romulus), aims to wage war on DAOs that have decided to fixate centralization back into decentralized communities. Please read the story behind vEmpire on its whitepaper here.

You can also get the latest updates from various vEmpire social handles such as; Twitter @ https://twitter.com/vEmpiredigital Instagram @ https://www.instagram.com/vempire.digital/ Telegram @ https://t.me/vEmpireannouncements Medium @ https://medium.com/@v-empire.digital Website @ https://v-empire.digital/

How Audit and KYC Projects Build Trust in DeFi Industry

The Decentralized Finance world is one of the most outstanding financial revolutions of the 21st century. Generally, with DeFi, everyone globally can take charge of their finances and investments while benefiting from other services like lending, gaming, etc.

However, the trust in DeFi is still lagging; thus, the adoption is also lagging. The primary reason for the lagging confidence in DeFi has always been about its bad. Generally, as a product of the crypto world, DeFi is always blamed for the issues associated with cryptocurrency. Since some KOLs still view crypto as a scam, DeFi suffers the same fate. Fortunately, there are ways to help bolster the trust in DeFi, including audits and KYC procedures.

How Audit and KYC strengthen DeFi Projects How do KYC and Audit projects strengthen confidence in the DeFi world? Here is a short guide.

Audit Proves That a DeFi Project is Genuine

One of the significant ways that KYC and Audits bolster trust in DeFi is by proving that a project is genuine. Scams connected to the crypto world have been soaring, with investors losing fortunes to fake schemes. However, how do these scams happen?

Some developers may introduce a project with the primary intention of stealing from unknowing investors. Generally, these kinds of projects promise to offer high yields and could easily attract investors. Due to such scams, some investors could easily lose trust in DeFi. However, by using the KYC and Audit procedures, investors will now start trusting DeFi-related projects. The auditor can know if a particular project is genuine or not. In some cases, the auditor may do deep research, including looking at the following; Project webpage Coin Minting mechanism Team behind project Economic model By doing thorough analytics of the above mentioned, the auditor can assure investors that the new DeFi project is genuine. Real Tests Another reason why audit and KYC platforms contribute to bolstering trust in DeFi is the real tests done. Smart contracts involve codes that are very complex for a person with no coding knowledge to understand. Therefore, it may be impossible for any investor to do an audit of a project before investing. However, smart contract audits have for some time now been an industry standard. The smart contract system auditors include a group of people with coding experience. The auditors apply autonomous tests on the system to see how it reacts to different scenarios of transactions. Furthermore, the auditors include manual tests to see if the results are consistent with the autonomous ones. The applications of real tests make their reports more valid and dependable to the DeFi investors, thus increasing trust in the DeFi industry. Audit Projects Give Recommendations Another thing that audit and KYC projects do to help in building trust for the DeFi world is offering recommendations. Developers of the projects are the primary beneficiaries of the recommendations given by the auditors. The auditors can tell the developers how to change some code for more efficiency. Since the audits are often done before the project launches to the public, the developers can take their time and make the necessary changes to achieve efficiency. Investors, on the other hand, can benefit vastly from the project. The recommendations given by the audit companies may include what an average investor should do. On some occasions, they may state the risk level involved in investing in the projects. As such, the average investor will benefit. KYC Details Boost Consumer Trust The fact that KYC collects details is another aspect that makes investors have deep confidence in the DeFi space. An average investor often wants to know that their investment will remain safe from hackers. As mentioned earlier, KYC helps eliminate fraudulent people who are planning to commit manipulations or financial fraud. As such, it's safe to say that KYC procedures can help boost investors' confidence. SolidProof Helps Bolster Investor Trust Solidproof's primary intention was to help in auditing and providing KYC services for DeFi projects. It aimed to participate in bolstering the trust of investors in DeFi, thus speeding up DeFi adoption. Solidproof KYC standards target to protect the DeFi platforms from corruption, fraud, money laundering, and financing of terrorism. It does KYC by; Identifying project customers. Understanding their nature of activities. Assessing money laundering risks and offering their recommendations to the platform developers. Auditing by the Solidproof network also takes a few straightforward steps to ensure that services are provided efficiently. The steps include: Communication- The first step to getting an audit is communicating with the Solidproof network and submitting the code. Auditing- The second step is Solidproof working on your project's audit, searching for any vulnerabilities manually and algorithmically. Fixes- Here, Soldiproof suggests recommendations to the developing team, which they will work on. Afterward, the Solidproof network takes a second audit. Reports- Finally, SolidProof releases its audit report. Final Word It's true that with the increasing cases of scams, DeFi institutions are vulnerable to related financial frauds. Frauds contribute vastly to slacking investor trust in the Decentralized finance space. Audits help assure investors that the underlying project is genuine and the people behind it are not malicious. Moreover, auditors do real tests and give recommendations to the developers and, in some instances, the investors. KYC details collected and analysis done helps in protecting the projects. Any platform offering DeFi services can try to use Solidproof's auditing and KYC services to bolster efficiency.

Here's A Look into YeFi.one Comprehensive Review

The advent of decentralized finance (DeFi) took the crypto and decentralized application (DApp) markets to new highs with the elimination of a central authority system. Currently, worth billions of dollars, the DeFi is one of the biggest trends in the crypto space facilitating secure, transparent, and seamless transactions. It does so without relying on central financial intermediaries.  Some of the booming DeFi products are staking, liquidity mining, and yield farming. These functions involve locking tokens on DeFi platforms for a predetermined period to earn rewards in the form of the platform's governance token or any other token. Having quickly gained widespread acceptance in the crypto space, DeFi platforms that offer such functions boast billions of dollars worth of crypto assets locked up to date.

While there has been an uptake of DeFi protocols thanks to massive profitability, the billion-dollar practice is yet to realize its full potential. DeFi growth has largely been hampered by a lack of creativity among the newly-emerged platforms, evidenced by widespread clones. Some low-quality projects simply replicate what has already been implemented, leading to stifled zeal among investors. Even worse, some are unsafe, causing investors to lose their hard-earned cash.

Amidst the numerous DeFi platforms, YeFi.one stands out with its revolutionary features, notably cross-chain staking. Follow along to learn more about this innovative passive-income-earning tool causing ripples in the lucrative DeFi sector.

About YeFi.one YeFi.one is an open-source and non-custodial DeFi staking platform that allows users to earn passive income by depositing their crypto assets for a period of 1 day or 15 days. They can also choose to auto-renew their staking period or withdraw their assets. The platform leverages a smart contract that determines the interest rates and executes reward allocation every 10 minutes at the minting of each block. Even better, users can withdraw the accumulated interest at any time.

YeFi.one is fully compatible with Binance Smart Chain (BSC) and can be accessed with any wallet that supports BSC. The platform allows users to stake a wide range of assets, including BTC, ETH, BNB, USDT, YEFI, FIL, and YTA. Additional cross-chain bridges will be deployed and assets of other decentralized data storage networks, notably Swarm, Dfinity, Chia, will be integrated over time.

YeFi.one stands out among the numerous DeFi platforms by integrating two popular services in the crypto space- Decentralized finance and Decentralized data storage. As such, the platform takes a front seat in supporting the development of decentralized data storage systems via decentralized finance. By bridging decentralized data storage and decentralized finance (DeFi), YeFi.one allows users to contribute to decentralized data storage while enhancing their yields.

In addition to staking, YeFi.one seeks to expand to other DeFi products, such as lending & borrowing, DEX, and NFT functions, and further evolve as a comprehensive DeFi platform. These developments are set to take place in the future and will interact and integrate with external protocols.

YeFI.one Background YeFI.one was launched in March 2021, while the official development began in November 2020. The platform launch coincided with the launch of its governance token, YEFI. Concurrently, the platform introduced its wallet integration function, conducted an external smart contract investigation, and launched its staking mechanism.

YeFI.one has established itself as one of the leading DeFi staking platforms with the achievement of several milestones, including: Binance Smart Chain compatibility. It’s now accessible through all wallets that support Binance Smart Chain. The YeFi.one protocol has been officially audited and approved by the leading blockchain and crypto audit companies, Beosin and Certik. The YEFI token has been listed on WBF Exchange and reached a high of 45 USD since the launch — achieving 6x growth in a month. The YEFI token has been listed on Pancake Swap. The YEFI token has been listed on MDEX. The YEFI token has been listed on Bittrex.

The Team behind YeFi.one YeFi.one founders deserve all the credit for putting together an innovative DeFi platform that supports the development of decentralized data storage projects through decentralized finance. The team behind YEFI.one is led by its CEO, Pekka Kelkka. Pekka is an experienced Blockchain Business Consultant and digital strategy professional. Other members of the team include Christopher Quet – CMO and Ahmed Ebrahim – Risk Management Director. The platform founders are part of the protocol's governance committee that ensures a smooth transition to an open-source community governance policy.

Staking on the YeFi DApp The YeFi DApp is an intuitive protocol, fully integrated into Binance Smart Chain (BSC), and is accessible from any crypto wallet which supports BSC. The platform offers stakers lucrative interest rates of up to 80% APY (annual percentage yield). Tokens of decentralized data storage projects, such as Filecoin (FIL), earn users a higher interest, i.e., up to 1.5 times higher APY rate. Such a DeFi model promotes the development of decentralized data storage projects, which currently are the new, unfound, highly potential use case of blockchain.

YeFi.one stands out in the DeFi market by providing a lucrative opportunity to earn passive income at some of the highest APY rates in the DeFi space. Even better, the platform integrates the innovative “APY booster” mechanism – that enables users to permanently increase their interest while another user stakes assets with their invitation code.

YEFI Token The YeFi.one platform is governed and secured by the YEFI token. YEFI has a maximum supply of 21 million tokens. Of the total tokens generated, 94% are purely generated through mining. YEFI token is mined in blocks, each block releasing 200 YEFI tokens every 10 minutes at the initial stage. The amount is halved after one year. The token is currently listed on several exchange platforms, including PancakeSwap, MDEX, and Bittrex. Users can participate in the project governance through democratic online voting.

YeFi.one Main Features Security: YeFi.one is a comprehensively audited DeFi platform. As such, it's improbable to suffer from a security breach. Cross-chain Compatibility: It assists in bridging decentralized data storage projects to DeFi through high-performance blockchains. Scalability: YeFi.one is evolving to become a comprehensive DeFi platform with a fully functioning lending & borrowing solution, DEX, and NFT tools coming up soon. Staking at no risk: There is no risk of impermanent loss – you can withdraw the original amount of the deposited assets when you decide to exit the protocol, regardless of whether the value of an asset has gone down. APY-boost mechanism: Interest earned is not necessarily related to the amount of money put in the staking pool. Users can also gain higher passive income through an APY-boost feature by referring new users to the platform.

Final Words YEFI.one is an outstanding open-source DeFi platform that allows users to earn lucrative passive income by staking their crypto holdings. YeFi stands out in the vastly competitive DeFi space with its unique features and value proposition enabling crypto users to earn via their crypto capital. The multi-face protocol integrates decentralized data storage and DeFi, allowing users to maximize returns on their crypto assets while supporting decentralized data storage projects, the next frontier in cloud storage leveraging blockchain.

YeFi.one is poised for greater success in the DeFi market. It’s all thanks to its uniqueness, attractive interest rates, community governance, and the upcoming launch of additional DeFi products. They include features such as borrowing and lending, DEX, NFT, as well as cross-chain bridge deployment, and the addition of other supported cryptocurrencies. The platform has already attracted more than 10,000 active users worldwide. Its native token YEFI has displayed significant growth since its launch two months ago, evidencing the platform's massive potential.

ArenaSwap: The First BSC Based Platform Making Yield Farming Fun

The process of farming yields in the Defi world has for quite some time proven to be among the most lucrative crypto investment options of our day. Many platforms launch every other day, each promising to provide excellent yield farming services, but instead ending up providing services very similar to the commonly known ones today.

Due to the absence of fun in the Defi world, investors pull out of projects once they realize their targeted profits, and search for other lucrative products. However, what if there was a platform to provide the much-needed profitable activities with mind-blowing fun?

A new innovative, self-sustained and advanced network is launching yield farming services in the crypto world. This platform, ArenaSwap, will bring an entirely new twist to the crypto Defi world, a synchrony of yield farming and fun.

What is ArenaSwap? ArenaSwap is the first Binance smart-chain-based Dex project to merge interesting NFT, gaming and gambling options with yield farming. This decentralized exchange platform is on a mission to provide interactive storytelling and gamification into the yield farming and gambling world, thus providing an opportunity for its assets to increase in value perpetually. This new platform will introduce a vast array of gaming, gambling, NFT, and yield farming options for utter simplicity and reliability. Let's dig deeper into the platform, how it works, and the services it provides.

The ArenaSwap network provides a center where investors and users can explore, play, collect and receive rewards for just playing. This platform currently provides services using highly deflationary tokens, NFTs, and gaming options.

Utterly Deflationary Utility Token The platform has its native token labeled ARENA, which helps provide the platform's services. This token aims to be digital gold by increasing in value perpetually.

Moreover, the platform is structuring a decreasing supply model where the number of tokens burnt is higher than the number of tokens released. Therefore, yield farmers will benefit vastly from this network since the tokens will continually rise in value. Among the deflationary policies instituted include; 3% of amounts collected in betting pools for each battle is burned In every jackpot, 25% will be burned 85% of quantities used in IGO is burned In Pyramid Royale, 15% of pot amount is burned In every Gladiatorial Odyssey, 80% of the entry fee is burnt 85% of sales when purchasing loot boxes is burnt 75% of the deposit fee will buyback ARENA tokens for burning

NFT's Generate Token Rewards This network uses NFTs and Defi tokens to reward users for their participation in gaming, gambling, or NFT creation in the network. For instance, as mentioned earlier, there are two kinds of gladiators, major gladiators and minor gladiators.

Major Gladiators and NFTs Major gladiators(prominent or star gladiators) will participate in the big platform arena, containing 3 participants in each round, black, red, and green team gladiators. One person who bet on the winning gladiator will be randomly selected and awarded the victory NFT award. However, as long as a user bet on the winning gladiator, they will enjoy a share of the pool of bet tokens. 90% of the betting tokens will be paid to the winning team bettors based on their bet.

Remember, for a person to earn the Victory NFT award, they must have participated in the betting pool, been in the winning Gladiators Team. The larger the bet in the pool, the higher the chance of winning the victory NFT. The Victory NFT represents a share of ownership in the gladiator, meaning you will be a beneficiary of every win. As the gladiator grows in levels and earns more experience, so does your NFT value. During the resignation of the gladiator, their NFT value may increase, meaning the NFT holder benefits even further.

In the major NFT section, there will be an Initial gladiator offering conducted. At this IGO, the value of gladiator NFTs will be low since these gladiators are not yet registered in the roster.

Currently, the roster has 5 gladiators but it's expanding to reach their target of at least 16 gladiators. The NFT holders of the winning gladiator will share 3% of the pool token in the betting. Each of these gladiators has a full backstory showing their relationship with other gladiators, their mission and combat style.

Following every IGO, a lucky investor will earn a limited edition IGO NFT, which has a unique serial number. These limited editions are rarer than the normal IGO NFTs, hence their value is higher than standard IGO NFTs.

Minor Gladiators and NFTs Minor gladiators are small players in the network who will never reach the major gladiator arena. Minor gladiators are custom NFTs created and owned by the platform users. The minor gladiator NFTs will possess features like uniqueness.

To get the customizable NFTs, you need to get loot boxes. Fortunately, there are several easy ways of acquiring the loot boxes, including getting them when your opponent drops them in battle, getting them in airdrops, and staking other tokens. You can find ready armor and weapons, minor gladiators, and monstrous pets in the loot box.

What About Gaming? There are excellent gaming alternatives in this platform, divided into the major and minor gladiator sections. The entire gaming section is yet to launch since according to the website, is still a work in progress, set to launch in the 3rd quarter of 2021. This game's launch will bring an Arena for major gladiators, and a pyramid royale for minor gladiators.

The Arena for Major Gladiators The major gladiators play in the gaming arena, where each round has three players, red, black, and green teams. According to the litepaper, Red and black teams have very high chances(20-85%) of winning, while the green team has only(4%) chances of winning.

The Pyramid Royale and Odyssey for Minor Gladiators On the other hand, Minor gladiators have their center to engage each other in battle, the pyramid royal. In this royal, the winning rules are simple, i.e., a gladiator must remain at the pyramid's peak for 60 seconds. During these seconds, some other gamblers and fighters are struggling to attain the peak point.

If at the end of 60 seconds the player is still at the peak of the pyramid, they will face off against the worst of the worst infernal guardians, after which you can win a jackpot and the NFT of the infernal guardian you defeated. The Odyssey for Minor Gladiators is another excellent option provided for minor gladiators. Here, minor gladiators can also be transported to different parts of the cosmos using the Odyssey, where they can garner and maximize returns quickly.

Why Should You Invest in ArenaSwap? Best Class User Interface(UI) and User Experience(UX)

As noted, this platform combines a lot of activities in the same applications. Usually, many platforms would complicate things making it super hard to access some of the most necessary services within the network. However, the ArenaSwap network, much like the entrance to a normal Arena, makes its services easy to access for the users and increases the possibility of creating income streams.

For instance, the user interface(UI) in design will easily display all the necessary services or utter simplicity. Accessing the tools like major or minor gladiators, gambling and IGO are displayed readily for the users. For instance, once you open the website, you see a dashboard panel on the left-hand side. This dashboard has displayed tools like farms and pools, referrals, pyramid royale, Odyssey, IGO, Loot boxes, Audits, and more. The more section has the necessary documentation, including the lite paper, docs, Github, and the blog page.

The user experience(UX) is also top-notch since accessing the services is easy. On a single touch, you can open each of the services you want to work with. Even more interesting are the layout and the direct links to the wallet of your choice. Because this platform wants to ensure you get the best experience, it currently supports tons of crypto wallets like Metamask, Trustwallet, Mathwallet, Token Pocket, Wallet Connect, and Binance chain wallet. Everything is available on a single touch.

Even more, the website is naturally in a dark mode. Today many people who take long hours using computing devices prefer using dark mode settings to protect their eyes. The Arenaswap platform is natively in Dark mode, thus ensuring more convenience.

Ample Opportunities To Earn Incomes with NFT As already mentioned, the primary objective of launching this platform is to provide ample yield farming opportunities, merged with fun. ArenaSwap’s native token, ARENA, will be an excellent yield farming asset for the average user due to its deflationary nature.

Furthermore, the platform has the major gladiators NFTs which help in generating incomes for their holders as the gladiator increases their wins. By having multiple token use cases the platform is creating a vast array of opportunities for investors to earn passive incomes.

Audit and Security Security is one of the major issues clouding the decentralized finance world today. However, the ArenaSwap network is not compromising on safety. Foremost, this platform is audited by a popular blockchain auditor and given a business go-ahead. The idea is to ensure that all users remain with top security and enjoy utter efficiency. By posting the report on their website, the platform proves to function with transparency.

In a Nutshell After looking into the ArenaSwap platform, it's clear that this platform is here to revolutionize the Defi world. This network interacts with gaming, yield farming, and NFTs in the same dashboard, easing the earning of incomes effortlessly for the users.

There will be gaming options for major and minor gladiators, the former being the star NFTs which play in the big leagues(Arena) while the former remaining the customized NFTs that play in smaller leagues. Moreover, the platform has advantages like an excellent user interface, high security, and community involvement. You can invest in the ArenaSwap Dex whilst you wait for the launch of the gaming options.

To directly interact with its expanding community and to learn more about this wonderful project, visit their social media pages: Telegram, Twitter or directly access their Website.

Disclosure: This is a sponsored post. Readers are encouraged to conduct further research before taking any action. Furthermore, Crypto Adventure does not endorse any crypto projects cryptocurrencies listed, mentioned, or linked to on our site.

MEXC Partners with Unicrypt Expanding its Ecosystem Development

Global cryptocurrency and digital asset exchange MEXC is partnering with Unicrypt to help develop its ecosystem and provide MEXC customers with access to Unicrypt’s unique defi services and protocols.

Built from the ground up by a passionate and dedicated team, inspired by Uniswap founder Hayden Adams, Unicrypt is designed to give its users access to a decentralized suite of tools and services to help them benefit from the booming defi ecosystem.

‘’We’re very happy to start collaborating with MEXC. We have here a very promising room for growth and evolution benefiting both Unicrypt and MEXC communities at a large scale. Our trustless and automated technologies & services will now serve the Asian market consistently. Huge adoption milestone for us! Let’s get started’’ -

Unicrypt features a variety of tools, including:

Liquidity Lockers, to help projects grow by providing a secure and trustable place to lock in liquidity provider tokens Token vesting and minting options, to allow projects to create and vest their own tokens quickly and easily, on ERC-20, with a minimum of fuss – no coding skills required A launchpad and incubator to help people bring their DeFi products and services to the market easily. As well as providing farming and staking as a service tool to allow projects to incentivize their communities. So far, in just over 12 months of operation, Unicrypt has grown to be trusted by more than 7,000 projects, with a total value locked of $320 million, with daily active users of more than 30,000.

Ready for the big time The decision to partner with global exchange MEXC will deliver a number of benefits to Unicrypt. Including investment, and access to the exchange’s huge volume of 500k daily visits by highly engaged cryptocurrency investors and enthusiasts.

Working together will also allow MEXC to work with projects building on Unicrypt and provide them an opportunity to list on their decentralized launchpad, and provide potential partnerships and collaborations for these projects with the fast-growing Solana, Avalanche, and Polygon blockchains.

A spokesperson for MEXC said: “We’re excited about this opportunity to work with Unicrypt and to help shape their evolution as they continue to pioneer innovative and exciting tools and services for defi users.

“We look forward to working with the Unicrypt team, and to exploring all of the exciting new projects being developed on the Unicrypt ecosystem.”

About Unicrypt Unicrypt Network is a multi-chain decentralized services provider born in June 2020. The deployed toolsuite empowers DeFi projects and covers a large scope of needs: liquidity lockers, token vesting options, token minter, a self-service launchpad along with farming and staking tools. Built from scratch without any fundraising rounds, Unicrypt stands as a passion-driven sustainable business entity highly connected to its community and users.

https://unicrypt.network/

About MEXC Established in April 2018, MEXC Exchange is one of the world’s leading digital asset trading platforms which offers users one-stop services including spot, margin, leveraged ETF, derivatives trading, and staking services.

The core members of the team come from world-class enterprises and financial companies, who have rich experience in blockchain and financial industries. MEXC offers the most comprehensive marketplace where global crypto traders, miners, and institutional investors come to manage crypto assets, enhance investment opportunities and hedge risks, and formulate their strategies to maximize gains and mitigate risks. For more information, please visit: www.mexc.com

6 Reasons to Use a Decentralized Lending Platform

Decentralized lending is one of the fastest-growing sectors in FinTech and for good reason. These networks eliminate banks from the lending equation to create unique opportunities for users. This strategy streamlines the entire lending process in new and exciting ways.

Instead of banks funding your loan, regular users provide funding to large lending pools in P2P lending networks. Borrowers then take out loans with interest from these yield-generating pools. This interest serves two primary roles. It’s used to expand the pool's liquidity and reward lenders for their participation.

There are many reasons why someone would decide to use a decentralized lending service. These unique protocols enable traders to gain market exposure while retaining ownership of their prized digital assets. Here are the top 6 reasons to incorporate a decentralized lending platform into your investment strategy.

Instant Access to Funding One of the top reasons to go with a decentralized lending platform is responsiveness. There is no waiting when using these platforms. Networks such as MyConstant enable you to get access to funding with less hassle. P2P lending systems utilize a combination of asset management protocols and collateral-based mechanisms to ensure that the network stays profitable and your collateral remains safe.

The open nature of these networks also brings with it some additional advantages. For one, you can say goodbye to the gatekeepers. Every bank has a loan officer that reviews your request. They may ask to meet with you in person to get a better feeling for your personality and traits. In the end, they get the final decision on whether or not you get funded. Sadly, in many instances, their decision is based on their personal beliefs rather than core financial principles.

Decentralized lending platforms remove this inconvenience from the equation. Instead, your loan eligibility is handled autonomously based on your collateral. There is never a credit or background check required to utilize these services. This approach opens the door for more liquidity in the lending pool which benefits the entire network.

Unlock Funding For many people, decentralized lending services are a vital part of their trading strategy. These networks enable you to unlock funding that you have tied up in other investments currently. These networks enable those who HODL BTC, ETH, or other top projects to free the funding they have trapped in these assets without giving up ownership of the coins.

Recently, another coin type, NFTs (non-fungible tokens) has also shed light on this strategy. NFTs are unique in nature. They represent a single asset or digital creation. As such, their value isn’t determined by market cap, but rather, a mix of personal preferences and scarcity establish the value of these tokens.

For NFT holders, the thought of selling their prized digital art isn't on the table for many. The long-term ROI potential and overall personal connection to these tokens can make them almost like heirlooms. However, these tokens hold a lot of value at this time. Finally, NFT token holders can expand their portfolio and continue to hold their top NFTs securely.

Global Access Decentralized lending platforms such as MyConstant operate as borderless protocols. Anyone can get a loan or lend out their digital assets. It doesn’t matter what country, region, or political affiliation your state holds. The open nature of these platforms brings additional perks. Primarily, it deepens the liquidity on the exchange and staking pools.

Transparency Transparency is another reason to make the switch to decentralized lending. You can easily see all the terms of your loan. For example, MyConstant users can borrow any amount for 1, 3, or 6-month intervals. The longer the repayment time, the slightly higher the interest rate you get assigned. You can also see other vital data not normally available to traditional bank borrowers such as total loans issued and more.

Lower Fees One of the biggest reasons to switch to a P2P lending platform is the low fee structure. Decentralized lending protocols eliminate the middleman and pass the savings on to borrowers in the form of lower interest rates and lenders in the form of rewards payments.

Networks like MyConstant provide competitive APRs on loans and varying repayment options. Additionally, there are no trading fees for borrowers seeking payment in cryptocurrencies. The network automatically scans the market to find you the best rate possible for your crypto.

More Options Both borrowers and lenders gain access to more options when using a decentralized lending network. These collateral-based systems enable you to utilize an excellent selection of cryptocurrencies. You can spread the collateralization out over your entire portfolio, or you can select a single asset to improve your leverage. Notably, MyConstant offers an LTV ratio of up to 66%.

These systems can also provide more payout options. When you get a loan from your bank, your payment will arrive in USD. For decentralized lenders like MyConstant, you get to decide how you want to receive your funding. The network offers a variety of loan payment options including fiat, stablecoins, or 70+ cryptocurrencies.

MyConstant Provides Decentralized Lending to All MyConstant is a premier decentralized lending platform that continues to see growing adoption. The network offers more selection and flexibility in terms of loan payouts and terms than the competition. Additionally, the network was built from the ground up to support both fiat and crypto-backed loans against multi-coin collateral. The network provides up to an LTV of 66% on many offers.

Decentralized Lending – A Powerful Tool in Your Investment Arsenal Now that you have a better understanding of some reasons why you would consider utilizing a decentralized lending protocol, you are ready to create your investment strategy. There are endless reasons to seek out a loan and P2P lending services provide you with instant access to funding. For these reasons, platforms like MyConstant serve a vital role in the expansion of this sector.

KuKuswap Launches on KuCoin Blockchain

KuKuswap is a next-gen DEX designed to provide access to new tokens and a simplistic trading experience. The network incorporates the most popular DeFi protocol and a host of other benefits that make KuKuswap ideal for new and experienced investors alike. As such, the protocol is well-positioned to become the top-performing DEX on the KuCoin blockchain.

Notably, the developers behind the KuKuswap concept took inspiration from other top-performing DEXs in the market. Specifically, they stated that the Binance Smart Chain (BSC) DEX, PancakeSwap, was the platform they modeled KuKuswap after. This inspiration is evident in the similar features and streamlined interface.

What Problems Does KuKuswap Attempt to Fix? There are a lot of crucial issues that KuKuswap attempts to rectify. Primarily, the network helps to eliminate centralization in the DEX community. For the longest time, traders were relegated to Ethereum DEXs. Eventually, more options and networks ventured into the market, but for the most part, Ethereum and the BSC dominate the sector. Now, regular traders gain access to a powerful new network built from the ground up to simplify the top crypto features.

High Gas Fees KuKuswap users enjoy much lower fees than Uniswap users. The main reason for these reduced costs is the technical structure of the platform. The KuCoin blockchain is less expensive to conduct transactions and execute smart contracts on. Consequently, users can save a bundle when they migrate to KuKuswap.

Scalability Along the same lines of thought, scalability is another major advantage provided by KuKuswap. The KuCoin blockchain outperforms Ethereum in TPS rate and block production. Specifically, KuCoin produces blocks every 3 seconds. In comparison, it takes Ethereum around 13 seconds. This added scalability directly results in a more responsive and efficient user experience.

Features Despite its simplistic layout, KuKuswap offers some top-notch benefits to users in the form of swaps and liquidity protocols. Also, the network enables developers to effortlessly migrate as all smart contracts are ERC-20 compatible. This decision was wise as Ethereum still dominates the DeFi sector in terms of applications and DEXs. Now, developers can expand their platforms to incorporate the KuCoin community without creating all new applications.

KuKuswap Mechanics The KuKuswap exchange was designed to provide user access to the growing KuCoin ecosystem. The network operates on the KuCoin chain exclusively. As such, users gain access to an entirely new network of tokens, NFTs, and services. Here are just a few of the top features users enjoy when they switch over to KuKuswap.

Swap Swap is the main feature offered to KuKuswap users. This DEX operates as an AMM (automated market maker). AMMs are very popular in the DeFi sector because they provide less slippage and faster trading times. This feature is very easy to use. The interface was designed to mimic other top-performing DEXs.

Uniquely, you have a lot of options when conducting swaps. Hit the gear in the top right corner of the trade window and you will open up features such as the adjustable slippage tolerance. You can also toggle on expert mode and disable multi-hops. Notably, the expert mode allows you to bypass confirmation models. This strategy enables high slippage trades for expert users.

Liquidity KuKuswap also provides users with liquidity pools. A Liquidity pool is a large smart contract that users deposit funds into and in return, they receive rewards based on their participation level and time. Liquidity pools are an essential part of other top performing DEXs for multiple reasons. Primarily it’s because they provide more reliable and secure ROIs to users.

Using KuKuswap If you are familiar with Uniswap or PancakeSwap, you will have no problem navigating KuKuswap. The platform was built from the start to simplify all the most vital DEX features. Consequently, there’s no previous experience required to start securing rewards and conducting trades on the network.

KuKuswap – The Next DeFi Ecosystem is Here The DeFi race is heating up and this latest entry is just proof. KuCoin has long been an advanced blockchain with tons of potential. Now, the network has gained a powerful tool to help connect traders and developers in new ways. It will be interesting to see how KuKuswap accelerates Dapp development in the KuCoin ecosystem in the coming weeks. For now, you can join the KuKuswap movement here.

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Unicrypt Integrates the Elrond Network to Introduce Enhanced Interoperability Levels

Unicrypt, a robust platform offering multi-chain decentralized crypto services, will start the integration work with the Elrond Network in Q3 of 2021. The development will enable Unicrypt to deploy its wide range of current and future applications on the Elrond chain, which currently has 639K Mainnet wallets with 6.2 million transactions and approximately $11.4M staked. Why the Elrond Integration Matters! For starters, Unicrypt plans to deploy its liquidity lockers that protect DeFi investors against exit scams, along with the Unicrypt browser, on top of Elrond’s intuitive end-user app, Maiar exchange. Maiar is revolutionizing DeFi services by similarly fostering critical mass adoption to the internet browser invention of the internet. The exchange currently boasts over 1.72 million $EGLD staked by 59,000+ users. The deployment of Unicrypt liquidity lockers, hailed as the pioneering liquidity locker on Uniswap pools introduces an extra layer of trust and security for newly launched DeFi projects utilizing Maiar liquidity pools. The Unicrypt team has hired a Rust developer to oversee the process. The second step is deploying Unicrpyt token vesting options, which boosts confidence in potential participants of token offerings. The service enables a new project team to define its trustless long-term tokenomics plans and set up a lockup period (usually one or two years). Token vesting can also serve additional purposes such as airdrops, community competitions, or fully decentralized linear token allocations for backers of an upcoming crypto project. Finally, the Unicrypt team will review the usage of the above deployments and let the community vote on which service should be deployed on the platform next. The poll will determine whether the services mentioned above will take precedence over other offerings currently in the pipeline, including revamped iterations of the Unicrypt farming and staking tools and enhancements of the self-service incubation zone. What Challenges Could the Integration Face? Unicrypt will first have to identify which technical resources to deploy for the services deployed on top of the Elrond chain, as it has in the past exclusively built Solidity. The next challenge will be educating the Elrond audience and users about Unicrypt technical services like migrations, liquidity locks, and trustless DeFi tools that require documentation. Unicrypt plans to mobilize technical and community support to help the Elrond users understand these concepts that may not be as clear to a BSC audience. Elrond: The Most Energy Efficient POS Consensus Mechanism Elrond is a potential future smart blockchain seeking to accelerate adoption for the world’s dev teams via its simple and powerful tatum.io blockchain infrastructure. Any user can leverage Elrond’s free API to develop apps without any specific knowledge of the blockchain. The highly scalable, fast, and secure internet-scale blockchain deploys a Proof of Stake (PoS) algorithm and new Adaptive State Sharding mechanism to allow for a 1,000X cumulative improvement in performance. Elrond is the first and only infinitely scalable 3rd generation chain that scales up to 100,000’s TPS. The Elrond project, led by CEO Beniamin Mincu, powers the building of distributed applications, enterprise use cases, and the new-fangled internet economy. The innovative blockchain project introduces the most significant development for an energy-efficient POS algorithm that fosters unprecedented fairness of all participants while circumventing network resources.

WenLambo Adds More Services to the NFT Collectors Sector

The innovative team behind the WenLambo project seeks to provide the NFT sector with more options. The platform is unique because it’s one of the first NFT launch sites to cater specifically to celebrities and musicians. In the past, sports athletes have seen considerable success offering collectibles and memorable via NFTs. Now, WenLambo seeks to provide the same services to your favorite musicians and other influencers.

NFT Market on the Rise Anyone who has been following the NFT sector can attest to the fact that it’s in the midst of record growth. Notably, the demand for these tokens has increased exponentially since they first began popping up around 2012. Recent reports have shown that the market is more active than ever and expanding quickly. The market cap for global transactions of NFTs was $40.96 million in 2018, $141.56 million in 2019, and $338.04 million in 2020.

This growth has led to some surprising NFT sales in the millions. For example, the NFT market was awed when an NFT called “Everydays: The First 5,000 Days” by an artist named Beeple was auctioned off for $69 million. Today there are NFTs that represent art, memorabilia, and even real property. Another well-publicized example of an NFT fetching millions occurred when the CEO of Twitter Jack Dorset auctioned off his first Tweet for $3 million.

Influencer-Based NFTs There are a lot of different types of NFTs in the market. WenLambo seeks to focus on influencer-centric NFTs. These NFTs will range from MP3s to Videos, and even actual physical property. The influencer will be able to connect with their fans on a whole new level via these digital assets.

For example, imagine going to watch the latest James Bond movie. Now, picture Daniel Craig (James Bond) offering you a chance to own a collectible NFT pulled straight from the movie's scenes. This rare NFT could also see an increase in value if it was previously owned by Craig directly.

That’s one of the coolest things about NFTs. Since they are not valued based on market cap like regular cryptocurrencies, there is a lot more room for ROI potential. NFTs are valued based on their scarcity and the person's connection to the token. That’s why some NFT art pieces have sold for over $50 million.

WenLambo NFTs WenLambo seeks to bring more celebrities and influencers into the market. The platform makes it easier for these individuals to issue NFTs directly to their fans. Celebrities are able to set up their own galleries and provide catered messages regarding the history and reasoning behind why a particular item is so important to them. In this way, users will be able to connect with their idols and even share in their rise to fame.

For example, imagine a new actress entering the scene. She issues a special NFT to collaborate her premier movie appearance. Fast forward a few years ahead and now the actress is considered one of the top earning professionals in the biz. Undoubtedly, the higher demand for her services will also translate into higher value for her NFTs. Now, you can auction or trade her rookie NFT and capture some significant value.

WenLambo Popularity The WenLambo concept has been met with excitement in the market. The project already has secured over 10.5k holders globally. These numbers are set to expand if the NFT up-trend continues as predicted by analysts moving forward.

It’s Not All About the Money One of the coolest aspects of WenLambo is its charitable perspective. The network takes a percentage of all transaction fees and sends the funds off to a community voted charitable organization. Users can easily track these donations and they can even suggest what organizations are deserving of the funds. WenLambo token holders can submit proposals via the community governance mechanism to get their charities listed.

WenLambo's charitable approach to the market provides one more reason why collectors should give WenLambo a chance. The protocol offers a secure and easily trackable alternative to the market. Its focus on celebrities and influencers is another perk that could attract attention in the market. Best of all, the WenLambo community is very strong with members exchanging ideas with developers on a daily basis via its social media channels.

Scalability One of the biggest benefits that WenLambo users enjoy is scalability. WenLambo was built on the Binance Smart Chain (BSC). The BSC is an advanced blockchain that was designed to support all DeFi functionality. As such users can earn passive rewards by staking their tokens or providing liquidity to pools. In the WenLambo ecosystem, these features have not been activated yet but are available if developers ever decide to expand the network's functionality.

Where to Find WenLambo? You can find WenLambo listed on P2P, CoinGecko, and CMC. The token is also available on Pancake Swap, the largest DEX on the BSC. WenLambo traders enjoy a significant amount of liquidity thanks to all of the listings the developers secured during the project’s launch.

Investor Remain Secure Another vital aspect of WenLambo is its investor protections. Specifically, the developers have chosen to lock the network’s liquidity. Liquidity locks are used to provide investors with added protections against rug pulls. The WenLambo liquidity pool is locked for 180 days.

Rewards for All All WenLambo users enjoy access to Airdrops. Specifically, 4% of the 10% flat transaction fee is airdropped to all token holders. These Airdrops come in the form of weekly giveaways. Notably, this approach simplifies DeFi investing for users because it eliminates all the technical and financial barriers associated with staking your tokens.

WenLambo – Take Stake in Your Favorite Celebrity WenLambo is unique in that it allows regular users to take a stake in their favorite celebrities and influencer’s careers. Users can find talent early on and make potential ROIs as these personas take over the entertainment industry. Additionally, the platform adds a philanthropic twist to the DeFi equation that can’t be ignored. For these reasons, WenLambo has potential to help further NFT adoption moving forward.

Safe the Humanity Rewards All Token Holders via a Unique Rewards System

The developers behind the Safe the Humanity project have gathered together a variety of top features to entice new users. One of the biggest draws of this network is its unique rewards system. Rather than making its users go through the hassle of locking up their cryptocurrency in staking contracts, the network forgoes this formality and instead, directly issues rewards to user’s wallets.

These rewards are built directly into the fee structure of the platform. Every transaction carries a 4% fee when using Safe the Humanity. This fee is then broken down into smaller percentages and redistributed to the network's various functionalities. One percent of these fees are directly redistributed to all token holders as rewards. This strategy simplifies the rewards process for users and enables anyone to secure a passive income using the network.

This approach is better than staking for many reasons. For one, there is no need to learn the technical aspects of staking in a pool. These requirements may seem easy for experienced DeFi investors but for new users they can be frustrating. These technical barriers have long caused new users to stress out. Safe the Humanity users skip the headache and start earning rewards from day one.

A Better Crypto The goal behind the Safe the Humanity project is to create a better decentralized currency with a focus on charity. The project’s governance token, STH, is a BEP-20 token that can be traded on any BSC-compatible DEX, such as PancakeSwap. BEP-20 is the token standard of the Binance Smart Chain. You can think of it as Binance's version of the ERC-20 token protocol made famous by Ethereum. Unlike ERC-20 tokens, BEP-20 tokens are much cheaper to send and provide users with near-instant transactions.

The network fees are also lower for BEP-20 tokens. Since the Binance Smart Chain is a Proof-of-Stake network, it provides more scalability than Ethereum. The network can process thousands of transactions a second and there are fewer fees to contend with. Additionally, the Binance Smart Chain supports new DeFi features such as staking, farming, P2P lending, and liquidity pools.

Save the World Another awesome feature that makes Safe the Humanity a smart choice is its charitable aspects. The network incorporates a 1% fee that goes towards charitable organizations. This strategy provides an entirely new reason to conduct transactions on the network. These charities receive these funds automatically.

The integration of advanced smart contracts ensures there are never delays, fraud, or human errors in the process. Users can monitor the community charity chest to see the funds grow. They can also monitor these payments in real-time via any BSC blockchain explorer. Compared to traditional donation mechanisms, this system provides more efficiency and security.

All token holders can put forth potential charities to become part of the network. These charities are introduced via community proposals. The community votes on these proposals. To vote, you need to hold STH tokens. The more tokens you hold in your network wallet and the more weight your vote will hold. If the charity is voted in by the community, they are automatically selected for next month's payout.

This strategy adds another layer of value to the project that can’t be ignored. Early cryptocurrencies were based on providing people a better way to conduct business. However, they lacked a philanthropic aspect. Adding this strategy to a network is crucial. Imagine how different the Bitcoin energy debate would be today if the coin had also donated billions to charitable causes.

It Starts with the Fee Structure Safe the Humanity relies on a proprietary fee structure to provide all of its features to users and the community. The platform charges a flat 4% fee on all transactions. This fee is split up between charities, rewards, liquidity pools, and developers. Compared to other charitable-based DeFi networks, this fee rate is much lower.

DEX on the Way In the coming weeks, Safe the Humanity will launch a proprietary DEX. This decentralized exchange will provide users with an easy way to trade, buy, and sell assets. The DEX will focus on BEP-20 tokens and other Binance Smart Chain assets. As of late, DEXs have become a hot topic in the cryptomarket. These exchanges provide lower fees and less censorship than centralized exchanges.

Roadmap Safe the Humanity has a lot of exciting developments listed in its roadmap. The platform has already achieved multiple milestones. The STH token was listed on CMC/CG which has helped drive demand for the token higher. In Q3 the platform will undergo an advanced third-party audit to ensure all smart contracts are secure. Around the same time, the staking pools and charity voting program will go live. The HumanityDEX is slated for release following the launch of the charity pool.

Lottery As part of their strategy, the developers have decided to incorporate a lottery. Users can buy lottery tickets using STH tokens. The winners are broadcast on the blockchain. Best of all, the system automates the entire process so winnings are completely transparent.

Safe the Humanity – A New Approach You have to hand it to the developers for their ingenuity on the project. It’s nice to see crypto projects that seek to better the lives of everyone around the world. Safe the Humanity is sure to provide a new avenue of charitable donations for all groups that make the community’s cut. If successful, the platform would be a pioneer in the blockchain charity sector. In turn, this could usher in an era of copycats. In the end, the charities and users win out.