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Lendefi Community Announcement: An Outline of New Developments and Initiatives

Team Bitcoin Daily

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The Lendefi Protocol introduces secured lending to give lenders much-needed confidence in a highly volatile crypto market. 

The project offers traditional and private lenders access to higher interest rates while shielding them from crypto market fluctuations. It also provides secure lending opportunities by eliminating any counterparty risk between the lender and borrower.

Lendefi works by guaranteeing lenders a variable interest secured by the liquidity provided on the decentralised finance (DeFi) ecosystem in top protocols such as Uniswap and PancakeSwap. On the other hand, borrowers benefit from a wide variety of supported digital assets to invest in by borrowing funds from the Protocol. 

The Alpha Version of the Lendefi Protocol is Complete!

The Lendefi Protocol is proud to announce the integration of new developments and initiatives geared toward adding value to the project.

For starters, the project has completed the development of the Alpha version of its Protocol as per the timeline provided on the Lendefi roadmap (i.e. by the end of Q1, 2021). The Alpha, a fork of Compound that integrates a custom borrowing component to facilitate undercollateralized lending, is now available on GitHub.

The project has engaged a new enterprise development team (DeepDive.Tech) to take the Lendefi Protocol from its current Alpha version to a much superior level. 

Deepdive.Tech has a strong track record of building smart, intuitive, complex blockchain solutions. They tap the latest technologies and industrial-grade practices to rapidly incorporate new ideas into their solutions, aided by their vast private legacy repository of blockchain and API solutions.

The Lendefi team will work closely with their new counterparts to deliver an Enterprise Grade solution built on the Binance Smart Chain (BSC). The decision not to deploy this Alpha version on the BSC blockchain stems from discussions between the dev teams, a ground up build.

A resolution was made to shift from ETH due to the high gas fees charged for transactions in the network. Mounting transaction fees on Ethereum undermine the ability of DeFi projects built on the blockchain to function efficiently/economically and provide an undercollateralised lending platform to various segments of the market.

BSC offers the most developed and cost-effective DeFi infrastructure outside of the Ethereum network. The chain’s viable costs across varied transaction scales give it the edge over ETH and allow Lendefi to deliver a ‘financially democratic Protocol’ that benefits the community in the long run.

Moving forward, the new enterprise development team will help Lendefi create a more interactive development model in the form of presentations and community voting. This approach will enable the project to tap into the diverse skill sets and industry knowledge within its communities. 

DeepDive.Tech and the Lendefi management team are also working on a whitepaper (to be released soon) that outlines how the Lendefi vision is transplanted and built into the BSC ecosystem.

More On the BSC Migration & PancakeSwap Listing

The Lendefi Protocol’s governance token (LDFI) is set to move over to BSC, allowing the community to take immediate advantage of the Binance Chain DEX ecosystem. The BEP-20 governance token will first be available on PancakeSwap, where an LP has already been launched. 

The BSC Bridge, which will allow the Tokenholders to convert their ERC-20 to BEP-20 (1 for 1), is almost complete and is scheduled for launch on April 5th 2021. 

Lendefi token holders will then be able to use the web dApp to swap their ERC-20 for BEP-20, with only having to pay the transaction fee. They will also need to bridge, which entails locking the LDFI token on one chain (ETH) and then unlocking it on another (BSC).

Migration Rewards For All Token Holders

As an incentive for community members to swap their tokens, Lendefi will be running a two-tier Migration rewards program to reward both legacy and new Token Holders.

The first tier will offer a prize pool of 20,000 LDFI BEP-20, randomly given to new BEP-20 holders that purchase from PancakeSwap.

The second tier of the program seeks to thank existing token holders who migrate LDFI from ERC-20 to BEP-20. These users will receive 10% capped at 100,000 LDFI in total rewards for the program. More details on the migration bonus program will be released soon. Stay tuned!

The Rebranding Effort 

The Lendefi management team has opted to take advantage of the imminent chain migration to rebrand Lendefi into something more aligned with the BSC ecosystem. 

The team has settled on the Lendefi Lion (LL) to represent the protocol, as it embodies self-sufficiency, pride, determination, leadership, grace and power, attributes that best describe the project. The new Lendefi Lion telegram stickers are available here.

Finally, the team has launched a new website (Lendefi.Finance) in line with the rebranding effort. The website design is minimalistic, easy to use, clean and organized. It also provides all the info stored with reputable 3rd parties and is primarily designed to host the Protocol application. 

Other Developments On The Protocol

The team has chosen Gitbook, a 3rd party centralized storage repository for the decentralized protocol, as the Protocol’s Wiki. The Gitbook will hold all relevant project info, links and How To’s for the project; access will be managed by DAO, which will act as the gatekeeper to the storage in the future.  

Other developments include the development of a new Staking program that will be released in the coming weeks. This feature will allow BEP-20 Token Holders to Stake their governance tokens and enjoy a lucrative annual percentage yield (APY). 

Lendefi has revealed that it will also be migrating its existing liquidity rewards program on Uniswap to Pancakeswap. The initial monthly rewards will be set at 10,000$ worth of LDFI.

Efforts are also underway to list Lendefi on CoinMarketCap and Coingecko. These listings will now be updated with new branding and circulating/total supply API feeds to ensure complete transparency about the token supply on a real-time basis. 

What’s more, Lendefi has secured a listing at a reputable centralized global exchange and is in the listing process’s final stages. Since the protocol now supports both ERC-20 and BEP-20 tokens, it will have more listing opportunities!

Help Create and Share Lendefi Content

Coming into April, the project will engage various promotional channels and begin to broadcast all that the Lendefi Protocol has to offer around a range of Telegram channels and other platforms.

The crypto community can also expect more informative articles on project developments and announcements to be posted on Medium, Twitter and Telegram.   

If you are interested in creating and sharing Lendefi content, please consider joining the Ambassador’s program or contact the new marketing manager here.

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Press Release

WEMIX Unveils Groundbreaking Updates for a Sustainable Blockchain Gaming Future

Crypto Chain Wire

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WEMIX is thrilled to have unveiled its latest ecosystem updates and developments during WEMIX DAY. This special event featured an in-depth video presentation showcasing significant changes and innovations within the WEMIX ecosystem, marking the start of a new era for blockchain gaming.

Dedicated to enhancing the sustainability of its ecosystem through the “Prioritize and Focus” strategy, WEMIX is driving continuous change. Join us at WEMIX DAY as we reveal the future of the revitalized WEMIX ecosystem.

Watch the WEMIX DAY Video Presentation: YouTube Link.

During WEMIX DAY, we introduced several key initiatives and updates that will drive the future growth and sustainability of the WEMIX ecosystem:

WEMIX PLAY

WEMIX Pay 

WEMIX Pay is an innovative payment method for purchasing game content using the WEMIX native token, slated for release in the second half of this year. This feature is designed to establish WEMIX as a robust utility token, integrating seamlessly into major WEMIX PLAY games and driving increased utility and demand for WEMIX. Using WEMIX Pay earns you both PLAY Tokens and Prime Points, which are crucial for fueling the growth and sustainability of the WEMIX PLAY platform.

PLAY Token 

A key component of WEMIX Pay is the PLAY Token, a cryptocurrency obtained through WEMIX transactions and uniquely tied to actual game revenue. Unlike other tokens issued in large quantities without practical use, PLAY Tokens will only be minted when real game revenue is generated by WEMIX Pay. These PLAY Tokens are subsequently burned and not recirculated, preventing inflation. 

PLAY Tokens are primarily obtained through WEMIX Pay transactions, and can be exchanged for REFLECT Tokens at a fixed rate, providing a consistent value and facilitating transactions within the ecosystem. Reflect Tokens are designed to enhance the liquidity and stability of the WEMIX platform, enabling users to seamlessly convert their in-game earnings into a more stable form of currency that can be used across various WEMIX services and platforms.

Users can also receive PLAY Tokens as a reward for signing up early (pre-registration) and for participating in various activities within the WEMIX PLAY gaming community. These activities could include tasks such as playing games, completing challenges, engaging with the community, or other in-game and platform-based actions.

Prime Points 

Prime Points operate as a mileage system within the WEMIX ecosystem, earned in conjunction with PLAY Tokens through WEMIX Pay. Accumulating Prime Points increases your Prime Points level, unlocking exclusive benefits at each tier, including VIP passes, NFTs, airdrops, and early access to games. Further details on how to earn Prime Points through various ecosystem activities will be released soon.

WEMIX Buy-Back 

Designed as a virtuous cycle system, WEMIX Buy-Back allocates a minimum of 4-5% of WEMIX Pay revenue towards reducing supply and increasing user benefits.

WEMIX PLAY Reborn: https://wemixplay.com

The WEMIX PLAY platform is being reborn as a community-centric hub for blockchain games, where gamers and content creators can interact, share game strategies, enjoy memes, preview game art, and watch developer Ask Me Anything (AMA) sessions. The newly revamped WEMIX PLAY will launch in beta in the second half of the year.

Upcoming New Games on WEMIX PLAY

  • Legend of Ymir: Based on Norse mythology, this game showcases realistic, dynamic character animations achieved through advanced facial expression and motion capture technology. It is scheduled for a global release in late 2025.
  • Project M: Developed by the esteemed studio behind the legendary MIR series, this Web3 MMORPG builds on the legacy of blockchain games, MIR4 and NIGHT CROWS. It is slated for release after 2025.
  • Meta Toy DragonZ SAGA: A collectible RPG where players collect and nurture unique toy dragons, expected to be released in the fourth quarter of this year.
  • Crystals of Naramunz: An RPG set in a steampunk world with charming anthropomorphic characters. It is planned for an early 2025 release.

All games in the upcoming lineup will integrate WEMIX Pay, enhancing their utility and contributing to WEMIX Buy-Back resources, and foster a healthier ecosystem.

Wepublic: https://wepublic.com

Wepublic leverages the advanced blockchain technology of WEMIX to promote transparency in society. By utilizing blockchain, Wepublic enables transparent decision-making and fund flows. The platform’s SBT (Soulbound Token) based certification voting system ensures transparency by recording all decision-making processes on the blockchain. This innovative voting system has been successfully implemented in universities and religious institutions and will be accessible as an open platform by 2025.

Moreover, the blockchain-based Wepublic points system allows organizations to raise and use funds transparently without needing external audits, sharing the flow of funds with DAO members. The WEMIX donation feature, added last June, and the upcoming funding project service launching this August will help various organizations raise funds transparently for common goals.

Brioche Hard Fork

The recent Brioche Hard Fork saw approximately 434 million WEMIX burned and introduced a halving mechanism, reducing the amount of WEMIX minted per block in half. This marks the start of a healthier WEMIX ecosystem.

WEMIX: Committed to an Immersive Blockchain Gaming Experience

WEMIX remains steadfast in its commitment to delivering an immersive blockchain gaming experience through targeted strategies. Our unwavering dedication to ushering in a new era for WEMIX promises many more innovations on the horizon. Pre-register now for the newly revamped WEMIX PLAY gaming community platform to receive PLAY Tokens, and stay tuned for details on the upcoming PLAY Token airdrop for community participants.

For more information, please visit www.wemix.com or contact: pr@wemix.com.

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Press Release

Physical Doge (PDOGE) Opens Multi-Round Presale Targeting Early Supporters

Crypto Chain Wire

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Physical Doge (DOGE) has recently opened its multi-round presale for early supporters of the meme-inspired cryptocurrency. This event gives decreasing bonuses per round, with the first round offering an impressive 40% bonus for purchases. 

The project also features a clear token distribution plan, with allocations for presale, liquidity & listing, staking, and community rewards. With well-defined plans ahead, Physical Doge aims to become the next trendy project in the meme coin niche.

A Rare Opportunity for Memecoin Lovers

The ongoing presale for $PDOGE offers a rare opportunity for memecoin lovers. With its meticulously designed tokenomics and carefully planned distribution schedule, it ensures fairness and sustainability. 

Here is how it works: Round 1 of the presale offers a +40% bonus for purchases up to 5,000,000 $PDOGE. In Round 2, buyers can still enjoy a +25% bonus for purchases between 5,000,001 to 9,000,000 $PDOGE. The final opportunity in Round 3 grants a +17% bonus for purchases between 9,000,001 to 15,000,000 $PDOGE.

But that’s not all. There is a total supply of only 100,000,000 $PDOGE tokens. Allocations include Presale, Liquidity, Listing, Staking, and Community Rewards. The project ensures a balanced token distribution, meaning investors may see significant rewards as the project grows.

Physical DOGE – Present Features and Future Plans

The Physical DOGE team has shared several key features of this project. First of all, users can enjoy the ease and convenience of purchasing through the BNB Chain with minimal fees. 

Additionally, once purchased, the ownership of the Physical DOGE token immediately goes to the buyer. This prevents any delays or complications in owning the token.

Aiming to promote fair distribution and prevent market manipulation, each person is limited to a $5000 purchase limit. This strategy promotes equal participation and deters dumping activities by large investors or “whales.” Furthermore, upon completion of the presale phase, Physical DOGE will go live on top tier-2 exchanges.

One aspect that sets Physical DOGE apart from other memecoins is its initial market capitalization of only 5 million. Aiming low initially allows for gradual growth and stability in the long run.

Looking toward the future, it is important to mention that the Physical DOGE team has designed a roadmap of four phases. Phase 1 (or the “training” phase) involves rigorous preparation through physical and strategic training. This included the creation of a clear whitepaper to guide and unite the community. 

Phase 2 (the “King of Street” phase) lists staking, KOL collaborations, and large-scale marketing as key milestones. This phase aims to demonstrate Physical DOGE’s prowess in competitive environments.

Phase 3 (“Octagon”) will focus on hosting campaign events, launching staking platforms, securing users, and listing on top tier-2 exchanges.

Finally, Phase 4 (or the “Champion” phase) will push PDOGE on tier-1 exchanges. The team will also work to maintain solid prices through KOL partnerships and platforms and secure more users.

About Physical DOGE

Physical DOGE (PDOGE) is a new and exciting project inspired by the legendary Dogecoin phenomenon. It brings together a team of talented indie game artists who are passionate about web3 mining games. The team envisions a world where Dr. Koch, driven by a visionary dream, infuses Shiba Inu with potent muscle DNA. This is how the “Physical DOGE” meme came to life.

Beyond the meme power, this project has solid features and a clear roadmap. Multi-round presale offers bonuses up to +40%, creating a rare buying opportunity for early supporters. The project comes with a well-designed tokenomics, ensuring fairness and sustainability.

Anyone curious to learn how Physical DOGE works can simply visit the project’s website or read the whitepaper. As always in the crypto sector, PDOGE’s social pages provide valuable information and updates.

X (Twitter) | Telegram

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Blockchain

$PRICK is the new PEPE: get a 75% token bonus ahead of the listing on OKX

Crypto Chain Wire

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$PRICK on Solana already has a community of 1 million users, an NFT collection with a 75% cashback for holders, and a Telegram game with a 200 SOL monthly prize pool. With several major CEX listings coming starting from July 22, $PRICK is ready for a fast expansion.

The incredible rise of $PRICK: from a meme to an ecosystem with NFTs and a clicker game

$PRICK stands for Pickle Rick, and it’s one of the most talked about memecoin ecosystems on Solana. What started as a fun meme quickly became an ambitious project boosted by its passionate community of almost 1 million users, including 240 thousand on X (Twitter) and 740 thousand on Telegram. 

So successful is $PRICK that at least three major exchanges have already agreed or tentatively agreed to list it, including OKX, BingX, Bybit, and BitGet.

What is it about $PRICK that makes users pick it over hundreds of other memecoins on Solana? There are multiple factors, including fair token distribution; very good price performance; a game with large prizes in SOL and $PRICK; and NFTs that make holders eligible for a raffle and a 75% cashback.

Robust and fair tokenomics

  • The team has burned all the initial LP tokens, then renounced contract ownership;
  • 10% of the circulating supply was purchased in the open market and locked to finance CEX listings, community airdrop, and token burns;
  • There is no tax on buying, selling, or sending $PRICK;
  • The rest of the 1 billion $PRICK supply is released smoothly at the rate of 1% a month. 

Positive price dynamics and potential

Since its DEX launch at the end of May, $PRICK has never gone below the initial listing price – something that very few Solana memecoins can boast of. At the same time, the price currently sits 70% below the ATH, creating an interesting opportunity for buyers ahead of the scheduled listings on OKS, Bybit, and BingX. 

Telegram clicker game

$PRICK is one of the first memecoins to launch its own Telegram clicker game, inspired by the success of Hamster Kombat and Notcoin. As players earn points and complete tasks, they climb the leaderboard and compete for a share of the monthly 200 SOL prize pool and large bonuses in $PRICK. 

Mint one of the 101 NFTs to get 75% back in $PRICK and a ticket for the 1,000 SOL raffle

Pickle Rick’s exclusive NFT collection was launched on July 15 and features only 101 NFTs, each with a unique hand-drawn design of the title character, Pickle Rick. The main advantage of holding a Pickle Rick NFT is a massive 75% cashback in $PRICK that each holder will receive once the token is listed on OKX or Bybit on July 22. 

 Moreover, upon the listing on Bybit, the project will hold a raffle for all its NFT holders with a prize pool of 1,000 SOL. 

The cashback is calculated as 75% of the mint price of 12 SOL, translated into $PRICK at the exchange rate on July 22 (the listing day). As of the time of writing, part of the collection is still available to mint, but users should act quickly so as not to miss this opportunity. 

OKX and other major CEX listings coming soon – and where to buy $PRICK right now

The team of $PRICK has successfully negotiated with several large crypto exchanges to list the token. The series of listings is scheduled to start on July 22 with OKX, followed by $PRICK launch on BingX, Bybit, and BitGet. 

The news of each new listing can cause a significant surge of the $PRICK price. Ahead of the listings on these major platforms, users can already buy $PRICK on the following exchanges:

Raydium (Solana): $PRICK/SOL, contract address 6zoshtkmyX4kRFg3p152yV2bPssxeYdNvW3c6EVCE4UP

MEXC: $PRICK/USDT

In less than two months, Pickle Rick ($PRICK) has built one of the most active meme ecosystems on Solana, with hundreds of thousands of loyal followers, a generous system of incentives, NFTs, and even a game. This is just the beginning, however, as the team promises even more bullish news in the coming weeks. 

Follow $PRICK on social media

Official website

X (Twitter)

Telegram

DexScreener

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