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DeFi Top Stories
- Ethereum Competitor Polygon (MATIC) Signs Deal With Web Browser in Push to Onboard Millions of New Users
“Polygon is coming to the Opera browser in a partnership that can potentially onboard millions of users into Polygon’s ecosystem of decentralized apps.
Opera will integrate the Polygon blockchain in their Web3-ready browser and its built-in crypto wallet on Android in the first quarter of 2022.
“Opera’s non-custodial crypto wallet already supports the Ethereum Web3 API, making interacting with these DApps seamless to the user.
The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor.
- FloorDAO: Hello DeFi, Meet NFTs 🤝
This is about to change…Enter FloorDAOFloorDAO’s vision is simple — bridge the gap between DeFi and NFTs, creating novel yield strategies and use-cases.
To do this, FloorDAO is going to disrupt how the current NFT market operates by stepping in as the largest decentralized NFT market maker and providing:Deeper (and instant) liquidity for NFT holders.
FloorDAO members will in turn reap the rewards of high yields by unlocking NFTs as a yield-generating asset class.
These tokens are backed by the vault’s NFTs and can be burned to redeem NFTs from the vault.
Market makers earn the Sushi trading fees but more importantly they also collect the NFTX vault fees, which are paid in the vault token.
- PieDAO: Aligning Incentives in DeFi
This goal could be anything from buying the US constitution to overseeing management of DeFi platforms such as Aave, Compound and Uniswap.
BCP holders will maintain a balanced portfolio 1/3 WBTC, 1/3 ETH and 1/3 DeFi++, which comprises a variety of blue-chip DeFi projects that have been heavily vetted by the DAO.
For this reason, PieDAO embarked upon a The DOUGHpamine Incentives Programme.
The Governance RevolutionThe aforementioned challenges that DeFi governance (and therefore DeFi itself) currently faces are largely due to, or result in, some level at which incentives are not perfectly aligned.
Hence, by aligning the incentives of those who share long-term goals, PieDAO has been able to unite its community behind shared incentives and common goals, and is growing rapidly due to the high levels of remuneration for those who participate.*
- Thorswap: 2021: A Year in Review
Almost two dozen product launches shipped in 9 months
- When Banks Turned Their Backs on Them, Some Adult Entertainment Workers Turned to Cryptocurrency
Alexandria LaRue became a sex worker in 2012, posting photos and videos on Backpage, a now-defunct classified advertising website that gained notoriety for its adult-themed content.
Almost immediately after LaRue — who uses the pronoun “they” — started doing this work, Bank of America closed their account and seized the more than $2,000 that was in it.
Bank of America and other large banks are allowed to freeze deposits or entire accounts if they believe fraud or suspicious activity is occurring.
“It feels like nothing is a safe space or a safe place, especially when it comes to finances,” LaRue, who posted pornographic videos online, said.
The laws, known as the Allow States and Victims To Fight Online Sex Trafficking Act (FOSTA) and the Stop Enabling Sex Traffickers Act (SESTA), attempted to shut down websites that facilitated sex trafficking online by increasing liability for third-party platforms — like Pornhub, RedTube and others — if they hosted content which played any role in facilitating sex trafficking or other illegal activities.
https://twitter.com/odin_free/status/1475066094423625728
- odin_free
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