MONSTRO’S DEGENZ! Aims to Make DeFi Fun AND Profitable Again Through Transparency and Innovation 12871

2024 01 23 16 09 30

Earn 2-6% Daily with NO WAY TO LOSE – Guaranteed!

Since its launch on December 27th, 2023, MONSTRO’S DEGENZ!, the latest addition to Monstro’s Universe, has created a significant buzz in the DeFi space and taken in an astounding $1.1M USD in BNB deposits. Renowned for upending traditional approaches, DEGENZ! turns the promise of “too good to be true” daily passive income (2-6%!) into a sustainable reality, steering clear of the problems that have plagued similar ventures.

Recognizing the inherent challenges in “ROI dApps,” which often falter due to dependency on continuous capital influx or fall prey to fraudulent activities, the Monstro team has instituted a robust strategy. This plan is grounded in an understanding of the typical pitfalls for investors in ROI dApps and introduces innovative solutions from the outset.

MONSTRO’S DEGENZ! distinguishes itself through a unique dual-phase approach. Phase One encapsulates the excitement of daily earnings, blending game theory and strategic decision-making. Participants face intriguing choices: reinvesting for multipliers, claiming earnings, or purchasing NFTs to enhance earning rates.

As the influx of fresh capital eventually subsides, DEGENZ! seamlessly transitions into Phase Two. This phase involves halting new deposits and issuing NFT “receipts” to wallets yet to claim their promised profit (ranging from 150% to 300%). These receipts enable holders to earn real, external yield from farming and liquidity operations, paid in USDC weekly. This approach, successfully implemented since August 2023 with Monstro’s Farmz!, leverages a 30% deposit fee reinvested in DEXes like Trader Joe, Orca, Uniswap V3, Sparkswap, and Alienbase.

“It’s not about if, but when you’ll profit. This assurance sets us apart from other projects in the space, a claim few can make,” asserts 0xVarius, a co-founder of Monstro’s Universe.

Enhancing the offering, DEGENZ! features an aggressive referral program. Referrers can earn 5-20% based on the total deposit volume they introduce, with an innovative “cashback” option for their downline. This user-friendly feature allows referrers to automatically share rewards, facilitated by the smart contract, embodying Monstro’s ethos of community and ease.

Deposit today and remember, you’re still early!

About Monstro’s Farmz!

Monstro’s Farmz! epitomizes passive income, boasting nearly $500,000 USD in Total Value Locked (TVL) and nearly $230,000 USD disbursed to its community in just five months. The platform invites users to effortlessly watch their earnings grow, with USDC payouts every Wednesday. Emphasizing transparency and accountability, all contracts, wallets, and positions are publicly accessible, reflecting the team’s commitment to absolute openness.

About Monstro’s Universe

Monstro’s Universe is crafted for both thrill-seekers and astute investors, blending captivating characters with the promise of steady, passive income. It’s a realm where DeFi is not just profitable, but also enjoyable. Regardless of your investment goals, Monstro’s Universe offers treasures tailored to your ambitions.

Guided by a seasoned team of crypto experts, Monstro’s Universe prioritizes fairness and transparency. All operations are public, recorded on-chain, and uphold the highest standards, underscoring the team’s dedication to the integrity and vitality of Monstro’s Universe.

Website | Telegram | Twitter | Discord | Wiki

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

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The gaming ecosystem giant E-PAL declares official entry in the Web3 gaming world 7810

E-PAL, the top gaming ecosystem platform in the world, has officially announced its entry into Web3 gaming. Headquartered in LA, California, E-PAL is the leading social network where gamers pay for skills and interest-related matching with skilled E-Pals.

With the aim to transform the Web3 gaming framework, E-PAL brings numerous innovations, such as an all-inclusive gaming ecosystem podium and a gaming chain. Being one of the most innovative gaming platforms, E-PAL will combine the customized AI gaming elements, which offers a smarter and more convenient gaming experience to the users.

Founded in 2020, E-PAL has experienced significant growth in the gaming industry with five million users downloading the E-PAL app. Such a huge number of downloads reflects E-PAL’s increasing user base, growing market penetration and widening reach among gamers. It has turned out to be the world’s foremost game companion platform in only four years, winning more than 2.4 million users, 300,000 companions and associating with 200 leading games.

Plus, E-PAL’s search for capable partners in the marketplace reflects its smart moves to widen its operational base and strongly boost its market share. The gaming platform’s aim to build partnerships is a proactive step to grow its business and presence in the Web3 gaming marketplace.

E-PAL has acquired two funding rounds led by Galaxy and A16Z with extra investors, including the director of League of Legends and the founders of Riot Games and YouTube. As per the latest reports, E-PAL will introduce the gaming platform Balance.game in May 2024, along with their entrance in the Web3 gaming world and releasing their platform’s 1.0 version, starting the new age of Web3 gaming.

Twitter: https://twitter.com/Balance_Games

Yuga Labs Partners With Somnia to Increase Metaverse Interoperability and Incentives 9281

Somnia, a high performance L1 blockchain and set of omni-chain protocols designed to scale the metaverse, partners with Yuga Labs, the creators of iconic Web3 projects like Bored Ape Yacht Club (BAYC) and the Otherside.

Somnia’s blockchain is optimized for gaming and the metaverse, with the potential to handle hundreds of millions of transactions per second, and its omni-chain protocols are designed to connect the metaverse, NFTs, and gaming ecosystems.

Yuga Labs is a media company best known as the creator of the Bored Ape Yacht Club NFTs and the owner of CryptoPunks. Yuga Labs was founded in 2021, when the Bored Ape Yacht Club was launched. Across all of its collections, Yuga Labs has generated roughly $19 billion in volume, accounting for a large portion of the NFT market.

With this partnership, The Somnia Protocol will unlock a new world of possibilities in Yuga Labs’ Otherside, bringing interoperability and new utility to their collections. Holders of Yuga collections will be able to join metaversal events with their avatars, show off their NFT collections and earn bonus points in Somnia quests.

Holders of select Yuga Labs NFTs will also get a bonus on points earned in Somnia’s upcoming Metaverse Browser quests, with other features and benefits to be announced.

The Metaverse Browser is designed to be a consumer front end to the metaverse. It will serve as a decentralized Steam or Epic Game Store. It lets users interact with metaverses and apps on the Somnia’s Ecosystem, without needing to know anything about web3. It’s designed to be open to allow anyone to deploy apps and content with it.

“Our collaboration with Yuga Labs is all about enhancing the NFT ecosystem, offering their holders not just utility, but a gateway to immersive, interactive experiences that push the boundaries of what NFTs can do” Somnia founder Paul Thomas said.

Yuga holders will be able to use their avatar in any world or experience that is built on Somnia. Their identities and digital assets will also be compatible across a wide range of experiences. They’ll be able to attend massive events, like the Twice listening party and MLB Virtual Ballpark that were hosted by MSquared.

About Somnia:

Somnia is creating a virtual society with an L1 blockchain and a set of omnichain protocols designed to bring millions of users into an open and unified metaverse, allowing users to move seamlessly across experiences. Somnia opens up endless possibilities for builders to create content that is portable and remixable content by upgrading existing NFTs.

For more information, please visit Somnia.Network

Polkadot-native Acala expands to multichain horizons through the Sinai Upgrade 9448

Acala, a foundational platform within the Polkadot ecosystem, unveils the Sinai Upgrade, a significant advancement in its Acala 2.0 initiative aimed at broadening the horizons of the overall crypto financial landscape. This upgrade is set to enhance the platform’s multichain capabilities, setting a new standard for decentralized finance (DeFi) not only on Polkadot, but across any layer 1, 2 or 3 blockchain network.

Multichain integration and enhanced DeFi accessibility

The cornerstone of the Sinai Upgrade is its focus on multichain integration, which facilitates seamless interactions across diverse blockchain environments. Acala dramatically simplifies the user multichain experience through the introduction of their advanced one-click multi-chain cross-stack DeFi feature. This feature leverages pioneering technologies, including XCM (Cross-Consensus Messaging) and Wormhole, to enable straightforward, efficient cross-chain transactions. Users will be able to easily engage in activities like staking, liquidity provisioning, and lending across major blockchain platforms such as Polkadot, Ethereum, Solana, and any select blockchain networks.

Empowering communities through open governance

Further enhancing its ecosystem, Acala introduces the open governance upgrade, empowering its community with direct involvement in governance decisions. This democratizes the process of ecosystem evolution, allowing users to influence treasury management, DEX listings, and more, fostering a transparent and inclusive community environment.

Security and performance at the forefront

The Sinai Upgrade also addresses the critical need for security in the expanding multichain landscape. The launch of Sentinel, along with asynchronous backing, bolsters security and increases transaction throughput, ensuring that Acala remains at the cutting edge of blockchain performance.

Strengthening the aSEED pathway

Accompanying these technical advances, the Sinai Upgrade finalizes the aSEED pathway, facilitating a stable and equitable process for converting and redeeming aSEED tokens. This includes establishing clear redemption criteria, which promises a fair and transparent framework for remaining aSEED holders, reflecting Acala’s commitment to maintaining trust and stability within its community.

Quote from Bryan Chen, Chief Technical Officer at Acala

“The Sinai Upgrade is a testament to Acala’s dedication to enhancing the DeFi ecosystem through robust multichain solutions,” said Bryan Chen. “As a Polkadot-native platform, we are uniquely positioned to lead the charge towards a more interconnected and efficient blockchain universe.”

About Acala

Acala is a premier platform for decentralized finance within the Polkadot network, offering innovative solutions designed to integrate and enhance liquidity across a wide range of blockchain environments. Committed to innovation, security, and community empowerment, Acala leads the way in advancing blockchain technology for global users and institutions.

RWA in Focus: MAS Regulated Digital Asset Custodian, Propine Introduces Support for Fathom Dollar $FXD Stablecoin on XDC Network 9659

MAS-regulated custodian Propine is announcing its support for Fathom Dollar’s FXD, a stablecoin pegged to the US dollar and designed to bridge the $5 trillion trade finance gap. This development positions FXD at the forefront of real-world assets (RWA), leveraging the power of blockchain to enhance global trade finance operations. Propine, licensed by the Monetary Authority of Singapore, is a prominent digital asset custodian serving large institutional clients.

FXD is a stable-price cryptocurrency over-collateralised by the XDC network token and RWA, including trade finance assets. It has emerged as a use case-driven solution amidst growing concerns over the trade finance gap. It has been a significant barrier to global trade, particularly affecting small and medium-sized enterprises (SMEs).

By offering a stable and reliable transaction medium and store of value, FXD aims to facilitate essential functions in a $30 trillion global trade finance market. This includes cross-border transactions, borrowing against receivables, and generally turning trade finance into an alternative investment class for non-banks.

Tuhina, Propine’s Founder and CEO, said, “Propine is dedicated to facilitating swift and secure adoption of digital assets and cryptocurrencies by institutional investors and regulated businesses. To this end, we have adopted compliance and security standards that serve as industry benchmarks. As the industry continues to expand, we see significant potential to further serve as a trusted partner for organizations seeking to enter the space seamlessly and securely.”

Manuel Rensink from Fathom: “Propine offers world-class services, and their battle-tested custody has been our choice. Despite all the shockwaves that enveloped the industry, Propine has been resilient because of its governance and internal controls & systems. They have consistently led innovation in the digital asset custody space and raised the bar. Propine’s support for FXD is a game-changer, providing a seamless ramp on/off service between digital assets and fiat currencies. This service is crucial for enhancing the liquidity and accessibility of FXD, making it an attractive option for businesses and financial institutions engaged in international trade.”

Rensink added, “The integration of Propine’s custody solutions with FXD ensures that users can enjoy the highest security and compliance standards, essential in the highly regulated financial sector. As FXD gains traction, Propine’s role in its custody and management will undoubtedly be a key factor in its success, marking a new era in integrating real-world assets with digital finance solutions.”

About Propine

Propine is a licensed, audited, and insured digital asset custodian headquartered in Singapore. The company is engaged in transforming how digital assets are stored and traded by providing reliable, secure, and scalable solutions to institutional clients. Propine also enables investors to tokenize previously illiquid asset classes such as corporate bonds, real estate, private equity, funds, art, natural resources, and derivatives. The company is geared to support clients in unlocking their potential within a regulatorily compliant and legally robust framework.

To learn more, users can visit Propine.com

About Fathom Protocol

Fathom is a liquidity protocol where users can deposit XDC tokens or RWA collateral and borrow the FXD. This opens up programmatic financing solutions for individuals and businesses that were previously not available. Furthermore, investors and savers can (re)invest their FXD for competitive yields. The Fathom DAO is governed by FTHM token holders who can vote on onboarding new collateral types, interest rates, and more. Fathom is built on the XDC network to be at the center of its Institutional DeFi ecosystem. https://fathom.fi/

About XDC Network

XDC Network is an open-source, carbon-neutral, enterprise-grade, EVM-compatible, Layer 1 blockchain that has been operationally successful since 2019. The network obtains consensus via a specially delegated proof-of-stake (XDPoS) technique that allows for 2-second transaction times, near-zero gas expenses ($0.0001), over 2000 TPS, and interoperability with ISO 20022 financial messaging standards. The XDC Network powers a wide range of novel blockchain use cases, including trade finance, payment, and RWA tokenization, that are secure, scalable, and highly efficient. Website: xinfin.org | xdc.org

Arena Games Hits Top 3 on CryptoRank’s Most Popular Apps List! 9646

This April, Arena Games has proudly secured a spot among the top three apps on CryptoRank. This achievement showcases the platform’s growing popularity, with more than one million user transactions last month.

Since its launch in July 2023 on Polygon, one of the leading blockchains for games, in Q1 2024 Arena Games already expanded its reach by integrating three additional blockchains: Manta, Skale, and Linea, improving accessibility and user experience for a global audience. The platform continues to innovate, offering an engaging environment for gamers and developers alike.

A dedicated team drives Arena Games’ success committed to delivering a seamless and enjoyable Web3 gaming experience. As the platform grows, the team is excited to introduce new platform features and new games, making Arena Games even more user-friendly and flexible in the web3 space.

Keep an eye out for exciting news and updates from Arena Games in the coming days. For an in-depth look at our recent achievements check CryptoRank Post.

Here’s what Arena Games brings to the table for both developers and players:

For Game Creators

  • Reduced development and operational costs: Arena Games’ toolkit decreases the expenses associated with game development and maintenance, allowing developers to allocate resources more efficiently towards enhancing game features or exploring new project ideas.
  • Access to a wider range of advanced blockchain functionalities: Each integrated blockchain brings unique tools, with Manta focusing on privacy, Skale on fast and free transactions, and Linea on seamless Ethereum integration. This combination provides developers with a comprehensive toolkit for creating premium Web3 games.
  • Security and Privacy Upgrades: Arena Games offers powerful options for protecting player data and digital assets, crucial for building trust within the gaming community.

For Players

  • Diverse Game Library: The Multichain integration expands the selection of games on Arena Games, promising new and varied gaming experiences due to lower costs and a broader toolkit for developers.
  • Lower costs to play and transact within games: Skale’s elimination of transaction fees and overall reduced costs mean less spending to play, making premium game content and in-game purchases more accessible.
  • Improved game performance and reliability: The technological advancements from each blockchain ensure smoother and more reliable game performance. The efficiency and privacy provided by Manta and Linea, along with Skale’s speed, contribute to an enhanced gaming experience.

What’s Next

  • Introduction of new games on Skale and Manta.
  • Launch of the Airdrop Campaign.
  • $AGP Ecosystem Token Launch scheduled for Q2.

Looking Ahead

The recent achievements of Arena Games signal a promising direction for the future. It’s about providing developers with the tools necessary to push the boundaries of Web3 gaming and offering players a richer, more accessible gaming experience. This shift represents more than just minor adjustments; it signifies an expansion of what Web3 gaming can achieve.

Three Protocol Launches $THREE Token: The Foundation of Decentralised Marketplaces 9243

Three Protocol, the first project incubated by Tectum, announces the highly anticipated launch of its native token, $THREE. The protocol’s vision is to deliver a series of decentralised marketplaces to open digital commerce to the world, including the unbanked, debanked, and privacy enthusiasts. $THREE is at the heart of these marketplaces.

$THREE will be used across the entire Three Protocol ecosystem. It will be used for payments and purchases, facilitating access to services and products without central oversight or geographical barriers. All aspects of Three Protocol are built on blockchain technology, including their decentralised identification (powered by zk-SNARK), neural network AI, and tri-sig DAO capabilities.

As $THREE launches, Three Protocol takes another step closer to delivering their series of ambitious decentralised marketplaces and financial inclusivity for huge segments of the global society. The tokenomics model is designed with the community in mind. It aims to encourage participation and has significant market liquidity thanks to the fair and equitable distribution.

Key features of the $THREE token include:

  • Market Liquidity: 75% of the supply is earmarked for market liquidity. The team is building for the community, and this liquidity will encourage trading activity while maintaining price stability.
  • Team Allocation: 15% allocated to the team with an 18-month vesting period.
  • Staking Opportunities: 10% dedicated to staking, allowing long-term token holders opportunity for revenue generation.

Starting with Jobs3, the $THREE token will be used across the various exchanges. Jobs3 is the flagship marketplace brought by the Three Protocol team, with a further 4 marketplaces featuring on the roadmap. That includes a decentralised version of eBay, Uber, Autotrader, and food delivery.

Alongside the marketplaces, Three Protocol has unveiled a comprehensive roadmap outlining key milestones and development initiatives:

  • May: Launch of the $THREE token on Uniswap with the $THREE/wETH trading pair.
  • June: Introduction of $THREE token staking, enabling token holders to earn rewards while contributing to network security.
  • July: Technological enhancements to the Jobs3 platform, including the Neural Network AI integration for improved job-matching algorithms and prompt-based search capabilities.

The Three Protocol team has been working on this project for the last 3 years and remains committed to both transparency and accountability, not least through their fully doxxed team and KYC. The smart contract and token passed with a perfect score when audited by Cyberscope. With the support of the Tectum team and the infrastructure they provide, Three Protocol will quickly reach the broader community and deliver their vision of decentralised marketplaces for all.

To participate in the $THREE token launch and learn more about Three Protocol, visit https://www.threeprotocol.ai/.

About Three Protocol:

Three Protocol is delivering a shift towards inclusivity and privacy in digital commerce. They are providing the opportunity for users to freely earn and spend without central oversight from CBDCs and fiat systems. Three Protocol is building for the unbanked, the debanked, the privacy-conscious, and blockchain enthusiasts. With $THREE at its heart, Three Protocol is poised to deliver freedom-giving, privacy-conscious decentralized marketplaces.