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Today Video also discussed about Delisting
Forwarded from Mexc Tamil (Er.R.Vinothkumar🇮🇳 @TamilBTC Admin)
LTO Network Boosts Tokenomics with Burns

If the proposal is accepted, the LTO token will become deflationary: with each transaction, 0.1 LTO would be burned forever. At current transaction volume, this would be a 1.49% reduction in supply per year.

LTO Expected Yearly Burn: 1.49% - MarketCap $13,670,059
Binance Yearly Burn: 4.33% - MarketCap $2,515,172,903
Huobi Early burn 8.35% - MarketCap $933,525,192
OKEx Early burn 5.72% - MarketCap $310,896,223

The voting is expected to take place in mid-July.
Dump Income . so be careful.
🔹 General News:
KPMG launches a crypto management suite
SEBA Bank launches bitcoin product that offers yield
WhatsApp payments suspended by Brazil’s central bank

🔹 Coin Specific News:
DASH added to customizable locked savings on Binance
LTO Network introduced its deflationary fee-burn token economics
— Four new DeFi tokens, LEND, BAL, LRC, and REN got listed on Poloniex as of June 24
Bitcoin price dips as two mining pools’ daily BTC outflows hit $68M
Ethereum price shot up to $250

🔹 Exchanges:
— Crypto exchange Bithumb has reportedly started its IPO work with Samsung Securities
Binance will delist StableUSD (USDS)

🔹 Cool tech fact:
The earliest Bitcoin faucets dispensed 5 BTC per visitor. In June of 2010, Gavin Andresen created the first Bitcoin faucet to distribute 5 free bitcoins per day to anyone who wanted them

💬 Quote of the day:
“If you can’t do anything about it then let it go. Don’t be a prisoner to things you can’t change.” —Tony Gaskins
-@okexindia
#ARK Accumulate 3370-3225

ARK is Bullish and has many Upcoming Events 30th June by their Team

Selling Targets : 3625|3750|4000| Breakout
binance.wtf
Surge in Stablecoin and DeFi Growth Bring Ethereum Fees to 2-Year High

Fees for Ethereum transactions are at an all-time high but what does this mean for the network and ETH price?
Read more
CMT WILL PUMP NOW🔥

Buy below 150

Sell 170-200+

MAINNET AND MANY OTHER NEWS CONFIRMED🚀
Overview of Decentralized Finance (DeFi)

Since DeFi projects are very much in hype lately, our experts wanted to shed some light on how DeFi products build, how the ecosystem evolves over time and some crypto projects that are using DeFi.

Meaning :-

Cryptocurrency’s promise is to make money and payments universally accessible– to anyone, no matter where they are in the world. The Decentralized Finance (DeFi) takes that promise a step further. DeFi is the movement that leverages decentralized networks to transform old financial products into trustless and transparent protocols that run without intermediaries. If we put it in simple terms, JUST IMAGINE Global, Open alternative to every financial service you use today — savings, loans, trading, insurance and more, which are accessible to anyone in the world with a smartphone and internet connection.

Smart Contract Blockchains (Dapps) :-

DeFi is now possible on smart contract blockchains, like Ethereum. Smart contracts are programs running on the blockchain that can execute automatically when certain conditions are met. These smart contracts enable developers to build far more sophisticated functionality than simply sending and receiving cryptocurrency. These programs are what we now call decentralized apps or dapps. Dapp is an app that is built on decentralized technology, rather than being built and controlled by a single, centralized entity or company. You guys get used to this word, dapp, you’ll be seeing it a lot from here on out.

Real Life uses of Dapps :-

While some of these concepts might sound futuristic but few areas where it is Already operative
i) Automated loans negotiated directly between two strangers in different parts of the world, without a bank in the middle.
ii) DeFi dapps allow you to create stablecoins (USDT, BUSD, PAX, TUSD, USDS)
iii) Lend out money and earn interest on your crypto
iv) Take out a loan, exchange one asset for another
v) Go long or short assets, and
vi) implement automated advanced investment strategies.

How DeFi Apps are different from similar Traditional Banks/Wallstreet apps :-

A. The operations of projects running on DeFi are not managed by an institution and its employees — instead the rules are written in code (or smart contract, as mentioned above). Once the smart contract is deployed to the blockchain, DeFi dapps can run themselves with little to no human intervention

B. The code is transparent on the blockchain for anyone to audit. This builds a different kind of trust with users, because anyone has the opportunity to understand the contract’s functionality or find bugs. All transaction activity is also public for anyone to view. While this may raise privacy questions, transactions are pseudonymous by default, i.e. not tied directly to your real-life identity.

C. Dapps are designed to be global from day one — Whether you’re in USA, France z Germany, Sweden, Canada, you have access to the same DeFi services and networks. Of course, local regulations may apply but, technically speaking, most DeFi apps are available to anyone with an internet connection.

Few Examples of DeFi Projects :-

There have been many DeFi projects listed and most of them are built on ethereum.
Few cryptocurrency projects which are evolving and have started using DeFi :-
ETH, REN, AST, BNT, EDO, LEND, ENJ, Huboi Token, MKR, IDEX, REP, KNC, REQ, FET, ZRX, LOOM, LRC, NXS

Conclusion :-

DeFi is now one of the fastest growing sectors in crypto. Industry observers measure traction with a unique new metric — “ETH locked in DeFi”. Right now, users have deposited over $600 million worth of crypto into these smart contracts.

Intrigued? Look forward and wait for what's coming for you in this era of innovation.