Updates, strategic partnerships, product launches and events should not be overlooked while the market is getting active again. Here are the DeFi altcoin developments of the week, from Chainlink’s partnership with Augmented Finance to tofuNFT’s partnership with Hamsterz Beach Club…
Weekly DeFi altcoin update
Growth DeFi (veGRO) and Fantom recently formed a strategic partnership. Interested parties can now lock GRO, in return, earn cLQDR and MOR stablecoins as rewards.
Last week Cover Compare entered into a strategic partnership with OpenWorld. The partnership will provide OpenWorld users with access to world-class insurance protocols. There will also be a 10% discount on all insurance products purchased through the dApp.
Bancor 3 beta launch completed last week. The beta launch started with four different limited repositories: ETH, DAI, LINK and BTH. Users can now add liquidity to these pools using Etherscan.
The largest multi chain NFT market tofuNFT has partnered with Hamsterz Beach Club announced. This news means that Hamsterz NFTs will be available in the NFT market. Hamsterz is an Avalanche-based 4444 piece NFT collection. The pre-sale took place on April 24, 2022.
Kava Network’s Meet the Pioneer #3 roundup took place last week . Also, the collection is being prepared for Kava’s CosmosEVM network. The meeting will also help Kava adequately prepare for the mainnet launch scheduled for May 10.
As we mentioned in the news of Cryptokoin.com, Coinbase has partnered with the 0x protocol. announced. The partnership aims to help facilitate the protocol’s recently launched social NFT market.
Last week, SWFT announced its support for Allchain Bridge Ontology. Therefore, cryptocurrencies such as ONG, ONT, WONG and WONT can be exchanged for other tokens.
BIFI token was issued on Binance Chain (BNB). BIFI can now be purchased directly using Binance (BNB) chain credit or debit cards.
Chainlink (LINK) announced its partnership with Augment Finance. Thus, the next generation DeFi liquidity protocol is provided with first-class security in Gnosis pools.
Equilibrium DeFi is currently providing support for Polkadex. The DeFi protocol also announced its support last week, announcing that Polkadex has earmarked an additional 250,000 EQ tokens to help increase crowd credit. Polkadex is a decentralized Web 3 P2P crypto exchange.
8327
