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The Defi Drop Volume 25

Dec 17, 2021 2 min read
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Could KickStarter be a candidate for a token? The crowdfunding giant recently released a post discussing its plans to begin work on a decentralized crowdfunding platform on the mobile-friendly Celo blockchain. ( The Defiant)

SushiSwap ($SUSHI) is currently in the throes of a leadership shakeup. Several core team members and leaders have exited from the project, including CTO Joseph Delong.  ( Yahoo)

It’s been a big year for crypto, but how many new people got into the game? A new survey from Grayscale shows that more than a quarter of US investors report bitcoin ownership in 2021. ( BlockWorks)

A couple weeks ago, we told you about ConstitutionDAO pooling together over $40M to buy a copy of the Constitution. What else will DAOs try to buy? Well, a viral thread has the X Games in crypto Twitter’s scopes. ( Twitter, Sahil Bloom)

Semiotic AI receives $60M grant to develop The Graph’s ecosystem. The network supports indexing data from 25 different networks, including Ethereum, NEAR, Arbitrium, Optimism, Polygon, Avalanche, Celo and Fantom. ( BlockWorks)

In a recent governance vote, $AAVE token holders voted in favor of a Business License for the lending protocol’s upcoming V3 release. This means the protocol will be able to generate income from gatekeeping its code like Uniswap’s V3 model. ( Twitter, Defiant)

Last week, the highest sale for a CryptoPunk was recorded on chain, valued at 2,500 ETH or $10.2M at the time of purchase. ( CryptoPunk Bot)

Looking to get some exposure to metaverse wearables? Same with Nike, who just acquired RTFKT Studios, a popular NFT team that creates collectibles like sneakers and backpacks, all digital and in the metaverse. ( Nike)

Polygon (formerly Matic Network) has made yet another acquisition in the ZK-rollups space, buying Mir Protocol for $400 million. This helps align the scaling solutions leader closer to the native security of Ethereum versus relying on the POS sidechain. ( The Block)

The post appeared first on Bittrex.com - The Next Generation Crypto-Currency Exchange.

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