Recommended reading for the weekend | Uniswap finally issued coins to analyze the trend of DeFi arbitrage (www.blockcast.cc)

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“Uniswap finally issued coins, what other clever tricks can cope with the DeFi fork? 》
Is the fork destined to be a zero-sum game? How can DeFi projects defend against vampire attacks and quickly follow forks? May wish to analyze different bifurcation situations and coping strategies through the four quadrants.
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“HashKey: Counting Cryptocurrency Arbitrage Opportunities and DeFi Arbitrage Trends”
The overall trend of cryptocurrency arbitrage venues is from exchanges to decentralized DeFi markets, and more arbitrage mechanisms may be derived.
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“HashKey: Analysis of Decentralized Exchange Development Trends and Bottlenecks from Uniswap”
The explosion of the DeFi concept in 2020 has caused the rapid growth of algorithm-based decentralized exchanges such as Uniswap, but security and liquidity issues will be the key to their continued growth.
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Cool stuff

“All you need to know about UNI is here”
In just four months, Uniswap, which has achieved liquidity from zero to 2 billion US dollars, officially released the protocol token UNI. The official blog post detailed UNI’s token distribution, unlocking cycle, inflation model, and liquidity mining.
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“NFT New Trend: Community Token WHALE Launches Liquidity Mining”
Creators can pledge their own NFT works or the entire smart contract to obtain WHALE tokens. The pledged NFT is sold at the WHALE price, thereby increasing the use of WHALE.
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“GameFi New Gameplay: Social Token COIN and the Rise of “E-Den Syndicate”
The author of “The Legend of Nakamoto” initiated a social experiment of personal tokens.
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DeFi insight

“Online in August and now the top ten locked positions, Pantera partners in-depth analysis of Compound fork project CREAM”
Although Cream Finance is a fork project of Compound, they chose to cooperate with the Compound Labs team and provide CREAM tokens, and choose to be compatible with the Binance Smart Chain, in order to break free from the shackles of Ethereum’s high fees, provide lower transaction fees and support More crypto assets.
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“BZx staged a security issue “hat trick” during the year, DeFi security “danger” and “opportunity” coexist”
On September 14, the bZx protocol was attacked again, with a total loss of more than 8 million assets. On the other hand, the effective coverage of the decentralized insurance Nexus Mutual exceeded US$200 million, doubling the previous day. The next day, bZx officially stated that all the lost assets had been recovered.
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“The DeFi layout of the exchanges has entered the fast lane, and I can see how the three major exchanges can play DeFi in one article”
In addition to actively participating in popular DeFi gameplay such as liquidity mining, OKEx and Binance are more focused on the development of decentralized public chains in terms of their own DeFi ecological construction, while Huobi is more focused on providing more cross-chains for Ethereum Assets become a bridge connecting the centralized market and the DeFi market, users and the DeFi world.
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A few things not to miss

Important project progress

• Uniswap released the governance token UNI on the Ethereum mainnet, with an initial supply of 1 billion; the UNI initial liquidity mining plan was launched on September 18, and four pools can be mined
• DeFi project Yam Finance will be migrated on September 19
• The founder of SAFE, a DeFi mining project for insurance, will reconstruct the new protocol COVER Protocol
• The unlocked tokens of all Band Protocol foundations and teams will continue to be locked for one year
• Polkadot releases a parachain circuit diagram including multiple stages
• Ethereum 2.0 project leader Danny Ryan submits phase 0 upgrade proposal EIP 2982
• The founder of the DeFi insurance mining project yieldfarming.insure disclosed dishonesty by project member Azeem Ahmed
• Decentralized lending protocol bZx has now resumed lending pool
• MakerDAO raises Dai’s global debt ceiling to 948 million through voting
• The liquidity mining project Sushiswap has completed the $14 million SUSHI token repurchase
• The flexible blockchain network Skale completed a total of more than $5 million in token sales on the token sales platform Activate
• UMA will distribute tokens to governance voters to compensate for Gas loss
• Ontology DeFi cross-chain platform Wing opens Flash Pool mining multiplication activity

Investment and Financing

• BitWell completed 30 million US dollars in financing , and Ceyuan Digital Fund, HashKey, and Weihun Capital participated in the investment
• Bitcoin options trading application PowerTrade financing of 4.7 million US dollars, Pantera Capital lead investor
• ParaSwap, a decentralized transaction aggregation platform, completes $2.7 million in seed round financing , and CoinGecko participates in the investment
• Ethereum’s automated execution tool Gelato Network completed a $1.2 million seed round financing , led by IOSG Ventures and Galaxy Digital
• Polkadot’s cross-chain DEX protocol Zenlink received $1.1 million in angel round financing led by HashKey
• Gnosis Ethernet Square on the side chain xDai ecosystem fund investments , on which you will deploy its range of products
• Reef Finance, Polkadot DeFi operating system, received capital investment
• Wootrade won Three Arrows Capital, IOSG Ventures and other institutional investment , the fourth quarter will be issued tokens
• Encrypted online investment platform BnkToTheFuture invested in digital identity solution provider Blockpass, the specific amount has not been disclosed yet
• ForTube has received strategic investment from HashKey and will jointly promote the ecological development of the DeFi industry
• Polkadot ecological project Crust Network distributed cloud completes Series A financing
• Singapore venture capital firm Signum Capital invests in open financial platform DeFiner

Data and research report

• Data: The monthly trading volume of DEX continues to hit a new high, and the trading volume in September has reached US$14.9 billion
• Data: Ethernet Square chain on daily trading volume of 1.4 million new high
• Data: DeFi’s total lock-up volume has reached 10.7 billion U.S. dollars, and Uniswap ranks second
• Bitcoin value of tokens on Ethernet Square to break $ 1 billion
• The total market value of USDC, a stable currency supported by Coinbase and Circle, reached 2 billion U.S. dollars
• September 15 Bakkt bit currency futures trading volume exceeded $ 200 million a new record high
• USDT OTC price fell to 6.82 yuan, a record low since January this year
• Outlier Ventures report : August financing amounted to 278 million US dollars, 62% of which occurred in the DeFi and financial technology industries
• Data: Ethereum miners earned 280 million U.S. dollars in mining revenue in August, and fee income accounted for 40.5%

Transaction and market

• Seoul police conduct a subpoena investigation on the actual owner of Bithumb, South Korea’s largest exchange
• Coinbase Pro will charge users a network fee
• ZB Announcement : Technical upgrade and expansion operation mistakes, the losses that profitable users have withdrawn will be fully borne by ZB
• Coinbase Pro coming on line Uniswap governance tokens UNI
• Kraken approved to open a crypto bank in Wyoming
• FTX founder of SBF to 2.5 times higher than the current price of gas transaction costs by nearly 37,900 ETH transfer

Big company progress

• Shareholders of NASDAQ listed company 8i have approved the merger agreement with Hong Kong blockchain services company Diginex
• Tmall established a real estate department to provide support for real estate transactions through blockchain and other technologies
• US listed company MicroStrategy buys another $ 175 million in Bitcoin as part of asset allocation
• Beijing Bitreceived the business license again from the market supervision and management department, and Wu Jihan was the legal representative

Supervision, macro dynamics

• The U.S. Financial Crime Law Enforcement Network considers introducing amendments to anti-money laundering regulatory policies
• Media: The European Commission will release a draft for cryptocurrency at the end of this month
• The Central Bank of the Bahamas plans to launch the digital currency Sand Dollar in October
• India may introduce laws banning cryptocurrency transactions
• Nigeria’s Securities and Exchange Commission issues regulatory guidelines for digital currencies and crypto companies

safe question

• DeFi stablecoin protocol Lien auditors found a bug in the app and started platform maintenance

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Preview next week

September 19 (Saturday)

• DeFi project Yam Finance will be migrated
• Filecoin fork project FileCoinCash opens testnet rewards

September 20 (Sunday)

September 21 (Monday)

• Decentralized service platform Avalanche (AVAX) to start the main network
• Flamingo , a DeFi project incubated by Neo’s global development team, launched Flamincome

September 22 (Tuesday)

• Securities type token exchange program Dusk Network (DUSK) open pledge reward program
• IoTeX-based decentralized transaction protocol mimo is launched

September 24 (Thursday)

• The open network platform NEAR Protocol will transition from the mainnet PoA stage to the mainnet restricted stage

September 25 (Friday)