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News
DYDX Rallies 18% After Derivatives Exchange Delays Token Release
dYdX’s Decision to Postpone Unlock of Tokens to December Triggers Surge
By Samuel Haig
DYDX, the native token of the decentralized perpetuals alternate dYdX, soared 18% after the dYdX Foundation introduced it’s going to delay a scheduled unlock of 130M tokens price round $300M by ten months.
Read the total story in The Defiant
NFT Collections
Pudgy Penguins and Doodles Seek Alternatives to Ethereum
Top NFT Collections Fear Return of High Gas Fees and Look to Layer 1s
By Samuel Haig
Despite Ethereum being the birth-place of NFTs, among the community’s hottest NFT communities are increasing onto various Layer 1 blockchains. The purpose? The risk Ethereum’s excessive gasoline charges might return.
Read the total story in The Defiant
Sponsored Post
Which platform delivered tens of tens of millions to traders in 2022?
In the identical yr that on a regular basis traders misplaced a whopping $350 billion, Masterworks had its greatest yr but – actually. Their 9 artwork gross sales returned $25.8 million to traders, a document quantity. Talk a couple of Happy New Year…
So, what did traders do with their money? Charter a yacht in Ibiza? Finally shut on that Alpaca farm? Maybe save slightly? Naaah.
Either approach, Masterworks desires to do the identical factor for you. This fintech investing platform is unlocking an asset class that was as soon as obtainable solely to billionaires.
To kick off the brand new yr, Masterworks is inviting The Defiant readers to open a free, no-obligation account right now. Isn’t it time you test them out?
“Net Return” refers back to the annualized inner fee of return internet of all charges and prices, calculated from the providing deadline to the date the sale is consummated. IRR is probably not indicative of Masterworks work not but offered and previous efficiency shouldn’t be indicative of future outcomes. See vital Regulation A disclosures at masterworks.com/cd.
Market Action
Optimism Activity Plummets After NFT Incentives End
OP Rallies To All-Time High
By Aleksandar Gilbert
Transaction volumes on Optimism, a Layer 2 scaling resolution for Ethereum, have plummeted after the top of a “learn-to-earn” incentives program final week.
Read the total story in The Defiant
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An Inside look into Solana After FTX’s Collapse
Sponsored Explainer
What is Vertex?
A Sponsored Primer on a Key Decentralized Trading Platform
By Rahul Nambiampurath
The FTX collapse injected doubt into the very idea of centralized platforms. In distinction, decentralized exchanges provide each transparency and self-custody. But how can DEXs bridge the liquidity hole that CEXs provide?
Read the total explainer in The Defiant
![Devcon: Hacia Colombia en 2022 [Redux]](https://cryptocompass.com/wp-content/uploads/2023/02/Devcon-Hacia-Colombia-en-2022-Redux-150x150.jpg)
