Despite facing significant fluctuations and high volatility in Q2 2023, Ethereum demonstrated resilience and attracted an influx of new users to its protocol. The platform displayed substantial growth in various aspects during this period, including an increase in market cap dominance.
Launching a token can be a complex process, as it can attract both early adopters and opportunistic investors. This can be problematic if the tokens also serve as a voting mechanism for the project's future. To ensure product-market fit, data can be used to understand user trends and identify potential farming.
Osmosis Prepares for v16 Magnesium Upgrade to Introduce Supercharged Liquidity Pools and Tokenomics Revamp
Decentralized cryptocurrency exchange Osmosis is gearing up for its v16 Magnesium upgrade, which will introduce supercharged liquidity pools. This new feature allows users to set positions in spot pricing intervals, granting them greater flexibility over the use of assets. Liquidity providers will also be able to secure positions across an entire price range.
Soul Reborn is a new type of P2E (Play to Earn) MMORPG (Massively Multiplayer Online Role-Playing Game) that combines the concepts of DeFi (Decentralized Finance) and NFT (Non-Fungible Token), originating from the renowned online game Soul Worker.
The Sui Foundation Has Announced Plans for Future Token Issuance, Which Will Be Released in Batches Over the Next Few Years
June 29 (Cointime) -The Sui Foundation has announced plans for future token offerings. In order to keep the network active and prosperous, SUI tokens will be released in batches over the next few years. In order to communicate transparently and openly about the tokenomics of managing the supply of the Sui network and how to manage the supply of SUI, the Sui Foundation has shared our planned token distribution sequence and will be available for download through an API maintained by the Sui Foundation.
Red Beard Ventures Closes $25M Funding Round to Accelerate Web3 Adoption and Launch Tokenomics Accelerator Program
Red Beard Ventures, a Web3 venture capital firm, has raised $25 million in funding from investors including Marc Andreessen and Chris Dixon of a16z, Animoca Brands, SuperRare, and others. The funding will support the launch of Denarii Labs, an accelerator program aimed at promoting the adoption of Web3 technologies, which will provide advisory services, mentorship, and launch support for token projects. The program is currently accepting applications for its first cohort, which will receive $100,000 each to build their brand. Red Beard Ventures has invested in 192 companies, including Dapper Labs and The Sandbox, and focuses on early-stage projects in decentralized protocols, blockchain technology, DeFi, and Web3 gaming infrastructure.
Binance.US has added FLOKI to its list of supported coins, which enables users to trade FLOKI against USD and USDT on the platform.
PancakeSwap DAO Passes Proposal to Reduce CAKE Tokenomics Emissions for Real Yield and Long-Term Stakers
The "aggressive reduction" option will adjust CAKE Syrup Pool emissions from 6.65 CAKE/block to 3 CAKE/block immediately.
Tokens clearly allow for a very rich design space. But we’re still in the early stages of exploring, let alone improving token design.