Almost immediately after listing, Compound's COMP token has overtaken MKR as the largest DeFi token by market cap.
Meanwhile, the value locked in Compound has been skyrocketing, up over 200% in 2 days. If the trend continues, it will overtake MAKER to become the number 1 DeFi project by locked value, in just days.
Trade on mxc.guru
Meanwhile, the value locked in Compound has been skyrocketing, up over 200% in 2 days. If the trend continues, it will overtake MAKER to become the number 1 DeFi project by locked value, in just days.
Trade on mxc.guru
Binance has announced the launch of Binance.UK, a Financial Conduct Authority (FCA) regulated platform for buying and trading cryptocurrencies with British Pounds (GBP) and Euros (EUR), coming this summer. Designed for U.K. retail and institutional investors, Binance.UK will also serve European customers.
Up to 65 digital assets are being considered to be available at launch.
https://www.binance.com/en/blog/421499824684900674/Binance-Announces-FCARegulated-Trading-Platform-for-the-UK-
Up to 65 digital assets are being considered to be available at launch.
https://www.binance.com/en/blog/421499824684900674/Binance-Announces-FCARegulated-Trading-Platform-for-the-UK-
$BNT is continuing a very bullish trend towards $1 after a series of major announcements leading up to the release of Bancor V2 in July.
Bancor V2 uses Chainlink oracles to end impermanent loss, drastically reduce slippage and enable single token staking in liquidity pools.
Yesterday, Bancor succesfully launched its v0.6 contract upgrade to Ethereum main net, laying the foundation for Bancor V2.
It was also announced that $BNT is officially being considered for listing on Coinbase and that Consensys Dillegence is conducting a security audit of Bancor V2 code ahead of its release.
Bancor has also overtaken Uniswap in protocol earnings and is close to overtaking Kyber, according to Token Terminal data.
Major tech venture capitalists Tim Draper and Mike Novogratz have both announced support for Bancor's coming V2.
Even after its 300% price incease during the past several weeks Bancor still has the lowest price to earnings (P/E) ratio of all DeFi projects, making $BNT the most undervalued DeFi asset.
The next trigger that could drive $BNT past $1 is any update that shows progress towards Bancor's V2 as well as continued growth of protocol volume and earnings.
Bancor V2 uses Chainlink oracles to end impermanent loss, drastically reduce slippage and enable single token staking in liquidity pools.
Yesterday, Bancor succesfully launched its v0.6 contract upgrade to Ethereum main net, laying the foundation for Bancor V2.
It was also announced that $BNT is officially being considered for listing on Coinbase and that Consensys Dillegence is conducting a security audit of Bancor V2 code ahead of its release.
Bancor has also overtaken Uniswap in protocol earnings and is close to overtaking Kyber, according to Token Terminal data.
Major tech venture capitalists Tim Draper and Mike Novogratz have both announced support for Bancor's coming V2.
Even after its 300% price incease during the past several weeks Bancor still has the lowest price to earnings (P/E) ratio of all DeFi projects, making $BNT the most undervalued DeFi asset.
The next trigger that could drive $BNT past $1 is any update that shows progress towards Bancor's V2 as well as continued growth of protocol volume and earnings.