Ethena is a project developed to address the issues of existing stablecoins in the cryptocurrency market. What is Ethena (ENA)? Ethena is a cutting-edge decentralized finance (DeFi) protocol built on the Ethereum blockchain. It is designed to generate synthetic dollars, which are digital assets that maintain price parity with the US dollar (USDe). The ENA token is the native governance token of the Ethena protocol. Through the use of smart contracts, Ethena allows users to mint, trade, and exchange synthetic dollars without the need for a central authority or intermediary. This provides users with greater control over their funds and financial transactions. The ENA token plays a crucial role in the governance and operation of the Ethena protocol. Holders of the token have voting rights in the decision-making process of the protocol, such as proposing and voting on changes to the protocol parameters or upgrades. Additionally, the ENA token can be staked to earn rewards in the form of transaction fees generated by the protocol. This incentivizes token holders to actively participate in the protocol, contributing to its security and stability. Overall, Ethena aims to revolutionize the way decentralized finance operates by providing a reliable and transparent platform for users to access synthetic dollars and participate in the governance of the protocol. Why is Ethena Labs important? Ethena provides a vital solution within the growing DeFi sector. Synthetic dollars play a key role in various DeFi applications, including:
Saga is a protocol that provides blockchain development services for decentralized applications. Let’s dive right in and learn more in this article! What is Saga (SAGA)? Saga Protocol is a venture that offers blockchain construction services for applications. Essentially, Saga functions as a blockchain platform designed to introduce additional blockchains, known as “Chainlets,” within the Saga ecosystem. These Chainlets are safeguarded by Saga validators through a process called Interchain Security, which is a collaborative security system derived from Cosmos. The concept of Interchain Security involves one blockchain serving as a security provider for others, specifically Chainlets in this scenario. As a result, Chainlets are able to leverage the advantages of operating a Cosmos SDK application while relying on Saga validators for block validation. Solution for Building VM-Compatible Blockchains Saga is presenting a specialized system for deploying blockchain that is user-friendly, decentralized, and secure. This system allows developers to have control over selecting their desired virtual machine, starting with support for the Ethereum Virtual Machine (EVM). In the future, Chainlet is striving to be compatible with multiple virtual machines, giving developers the freedom to select from different options such as EVM, CosmWasm, or Javascript VM. Chainlet Launching Process Launching a Chainlet on Saga does not require permission, unlike on Cosmos Hub. Developers simply need to possess SAGA tokens to cover the expenses of setting up and maintaining their Chainlet. This process is akin to services offered by platforms like Amazon Web Services and other SaaS providers, with the distinction that the subscription fee for creating and managing a Chainlet is paid in SAGA tokens. Once the fee is paid, validators are responsible for establishing and overseeing the infrastructure of the Chainlet, similar to how validators on Cosmos Hub manage app chain infrastructure. To launch a Chainlet, developers must allocate funds to an escrow account using SAGA tokens. This escrow account can be funded with any desired amount and serves as a prepaid service to handle expenses related to the Chainlet. If the prepaid fee runs out, the Chainlet will become inactive until the developer deposits more SAGA into the account. The fee is calculated per epoch, with each epoch lasting approximately one day. There are different methods to fund your margin account with SAGA tokens:
Dubai, UAE – 06th April 2024 – The Dubai Web3 Investment Conclave (DWIC), organized by Giakaa Capital with co-host Leo Ventures, is set to become the premier gathering for the global Web3 community. Taking place from April 15th to 21st, 2024, at the DIFC Innovation Hub, this transformative event will explore the frontiers of Web3 innovation while emphasizing a commitment to net-zero goals. A Nexus for Web3 Transformation DWIC will welcome visionaries, entrepreneurs, investors, and policymakers for a week of insightful discussions, knowledge sharing, and strategic investment opportunities. The conference will delve into the potential of Web3 and blockchain technology to revolutionize industries and drive sustainable growth. Theme: Driving Net Zero DWIC recognizes the importance of responsible innovation. The conference theme, “Driving Net Zero,” underscores the potential of Web3 technologies to contribute to global sustainability goals. The event will showcase how blockchain can be harnessed to enhance transparency, efficiency, and environmental sustainability across sectors. Agenda Tailored for Investment Each day of DWIC is meticulously designed to cater to diverse investor profiles:
Coinbold, a leading investment firm in the cryptocurrency space, has announced its strategic investment in Mars4 – MARS BATTLE, a groundbreaking virtual reality gaming platform. Mars4 – MARS BATTLE, developed by the innovative team at Mars4, is an immersive gaming experience that allows players to explore the planet Mars through virtual reality technology. Players will be able to engage in exciting battles, solve puzzles, and uncover the mysteries of Mars, all while experiencing the stunning landscapes and environments of the red planet. As part of the strategic investment, Coinbold will provide funding and expertise to support the continued development and expansion of Mars4 – MARS BATTLE. Coinbold recognizes the immense potential of the gaming industry and sees Mars4 as a pioneer in the virtual reality gaming space. By investing in Mars4, Coinbold aims to contribute to the growth and success of the platform while also positioning itself at the forefront of the gaming revolution. The partnership between Coinbold and Mars4 is expected to bring significant benefits to both parties. Mars4 will gain access to Coinbold’s vast network and resources, which will enable the platform to accelerate its development roadmap and reach a larger audience. Additionally, Coinbold’s investment will provide the necessary capital for Mars4 to enhance its existing features, develop new content, and improve user experience. For Coinbold, the strategic investment in Mars4 represents a diversification of its portfolio and an opportunity to tap into the rapidly expanding gaming market. With the continuous advancements in virtual reality technology and the increasing popularity of gaming, Coinbold sees Mars4 – MARS BATTLE as a platform with immense growth potential. By investing in Mars4, Coinbold is not only making a strategic move in the gaming industry but also demonstrating its commitment to supporting innovative projects that push the boundaries of technology. Both Coinbold and Mars4 are excited about the future prospects of this strategic partnership. Together, they aim to redefine the gaming experience and bring a new level of immersion and excitement to players around the world. As Mars4 continues to evolve and expand its offering, Coinbold will be there every step of the way, supporting the company’s vision and ensuring its success in the virtual reality gaming landscape. Explore More About Coinbold and Mars4:
[Hanoi/Vietnam] – April 18, 2024 – Coinbold, a crypto news website and investor in transformative blockchain technologies, today announced a strategic partnership with Solak GPT. This collaboration aims to accelerate the development of Web 3.0 through the integration of powerful AI tools within Solak’s groundbreaking decentralized ecosystem. Solak GPT stands at the forefront of innovation with its AI-powered browser designed to redefine the DeFi (decentralized finance) landscape. Users can expect an unparalleled experience combining efficiency and robust security. solakgpt banner About Coinbold Coinbold is a blockchain news site. We are focusing on updating market information, introducing projects, events, etc. Our goal in the future is to become a global communication channel demand to support more projects on Blockchain Technologies, NFTs, GameFi, M2E, and the DeFi Ecosystem. About Solak GPT Solak GPT is a pioneering project dedicated to shaping the future of Web 3.0. Their AI-powered browser redefines the DeFi experience, offering exceptional efficiency and security within a decentralized environment. Solak GPT empowers users to engage with the next generation of online interactions. Explore More About Coinbold and Solak GPT:
MetaMask is a popular cryptocurrency wallet and browser extension that allows users to securely store and manage their digital assets. One of the newest and most talked-about additions to MetaMask is Degen Chain, a decentralized finance (DeFi) platform that offers a range of innovative features and opportunities for users to earn passive income. In this article, we will provide a step-by-step guide on how to add Degen Chain to your MetaMask wallet so you can start exploring the world of DeFi and take advantage of all the benefits it has to offer. Whether you’re a seasoned crypto investor or brand new to the DeFi space, adding Degen Chain to your MetaMask wallet is a simple process that can open up a world of possibilities for your financial future. Let’s dive in and learn how to get started with Degen Chain on MetaMask. Can I Add Degen Chain to MetaMask? Certainly, it is easy to integrate Degen Chain into MetaMask. Serving as a Layer 3 protocol compatible with the EVM and based on Ethereum’s Arbitrum Orbit framework, Degen Chain works seamlessly with well-known wallets such as MetaMask and Coinbase, enabling users to tap into its decentralized finance and meme coin offerings. By inputting Degen Chain’s customized RPC URL into your MetaMask settings, you can quickly connect to its ecosystem. How to Add Degen Chain to MetaMask Integrating Degen Chain into MetaMask is an easy task that requires entering the accurate RPC details and Network ID into your wallet settings. To simplify the setup process, it is advised to use a network aggregator such as ChainList. By utilizing ChainList, connecting to any supported EVM-compatible chain, whether it be mainnets or testnets, can be done with just a single click. Use this simple 4-step guide to incorporate Degen Chain:
Looking to expand your MetaMask capabilities and dive further into the world of decentralized finance? Adding SatoshiVM to your MetaMask account can open up new opportunities for utilizing decentralized applications and interacting with the blockchain. Learn how to integrate SatoshiVM into your MetaMask wallet with ease. Can I Add SatoshiVM to MetaMask? Certainly, connecting SatoshiVM with MetaMask is easy. SatoshiVM enhances Bitcoin’s capabilities using Layer 2 technology called ZK-Rollup, which is interoperable with Ethereum’s EVM. This compatibility allows you to access SatoshiVM features directly via MetaMask. To integrate SatoshiVM with your MetaMask wallet, you need to link to the custom network settings that align with the official network parameters. How to Add SatoshiVM to MetaMask For a quick and easy installation, it is recommended to use a network aggregator like ChainList. ChainList makes it simple to connect to any supported EVM-compatible chain, including main networks and test environments, with just a single click. Here’s an easy 4-step method to integrate SatoshiVM:
Nibiru Chain (NIBI) is a blockchain platform that aims to revolutionize the gaming industry by providing a decentralized ecosystem for gamers, developers, and content creators. By utilizing blockchain technology, Nibiru Chain offers transparency, security, and fair distribution of rewards to its users. Let’s delve deeper into Nibiru Chain with this article Table of Contents
MetaMask is a popular cryptocurrency wallet and decentralized application browser extension. Adding the Mode Network to MetaMask allows users to easily access and interact with various decentralized finance applications and tokens. In this article, we will guide you through the steps to seamlessly integrate the Mode Network into your MetaMask wallet, unlocking a world of possibilities in the world of decentralized finance. Can I Add Mode Network to MetaMask? Yes, Mode Network, an Ethereum Layer 2 solution developed on the OP Stack, is capable of being smoothly incorporated with MetaMask. Its architecture, closely linked with the Ethereum foundation, guarantees complete EVM conformity, making the connection procedure easier. To connect Mode Network with your MetaMask wallet, just enter a particular RPC (Remote Procedure Call) URL assigned for Mode into the MetaMask configurations. How to Add Mode to MetaMask Integrating Mode Network into your MetaMask wallet is a simple and secure process that allows you to begin transactions promptly and securely. A crucial step is accurately setting up your RPC settings and Network ID to ensure smooth operation. To expedite the setup, it is advantageous to use ChainList, a tool that streamlines connecting to any EVM-compatible network, such as Mode, with just one click. To connect Mode Network with your MetaMask, carefully follow these specific instructions.
MetaMask is a popular cryptocurrency wallet and browser extension that allows users to interact with decentralized applications (dApps) on the Ethereum blockchain. Adding the BEVM to MetaMask can open up a whole new world of possibilities for users, including access to a wider range of tokens and dApps. In this article, we will guide you through the process of adding BEVM to your MetaMask wallet. Can I Add BEVM to MetaMask? Yes, integrating BEVM into MetaMask is an simple and safe procedure. BEVM boosts Bitcoin’s functionalities by presenting a Layer 2 solution that utilizes Ethereum’s EVM compatibility. This functionality enables you to effortlessly engage with BEVM’s features via MetaMask. To link BEVM to your MetaMask wallet, just enter the network details that correspond to BEVM’s official network settings. How to Add BEVM to MetaMask Integrating BEVM with MetaMask is a simple task that requires inputting the accurate RPC details and Network ID in your wallet’s configuration. To simplify the setup process, it is recommended to utilize a network aggregator such as ChainList. ChainList simplifies the task of connecting to any verified EVM-compatible chain, including main and test networks, with minimal effort. Below is a 4-step for incorporating BEVM: