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You are here: Home / Archives for DAI

DAI

Orbeon Protocol (ORBN) Maintains Profit While Dai (DAI) And UNUS SED LEO (LEO) Remain Bearish

January 31, 2023 by Akash Anand

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Are you seeking for a viable crypto investment to kick-start the new year? Do you want to earn passive income without paying so much in fees? Then investing in these three projects might just be what you need to change your story: Orbeon Protocol (ORBN), Dai (DAI), and UNUS SED LEO (LEO).

 While Orbeon Protocol (ORBN) offers over 987% ROI during presale, Dai and UNUS SED LEO (LEO) remained bearish in the last 48 hours.

>>BUY ORBEON TOKENS HERE<<

Orbeon Protocol (ORBN) Makes Inroad Towards The Top 10

Orbeon Protocol (ORBN) has carved a niche for itself as one of the few tokens making inroad to become one of the top 10 tokens in 2023. After displaying exceptional and sterling performance during its ongoing presale, Orbeon Protocol is set to take over the crypto market, with investors smiling home with over 987% ROI. 

The presale will end in the next 21 days, so rush now to grab a bite of what Orbeon Protocol offers, now that the project sells for $0.0362. As a matter of fact, you will even earn a 10% deposit bonus once your initial payment has been confirmed. You can visit https://presale.orbeonprotocol.com/register to register for the presale.

Orbeon Protocol (ORBN) is one of the best investment hubs as far as the cryptocurrency market is concerned. It lets you fractionally invest in early stage businesses to earn money. Businesses can also raise funds on the Orbeon Protocol ecosystem to finance their marketing campaigns and offer value to their customers. 

Experts predict a 6000% surge in price when ORBN is listed on exchanges.

>>BUY ORBEON TOKENS HERE<<

Dai (DAI) Loses Steam Amid The Bear Market

While the bear market has taken a toll on major altcoins, including Dai, the Dai team has been working round the clock to strengthen the performance of the project. Investors’ apathy is one of the major reasons listed by the team that is affecting the performance of Dai. The team is even considering listing $DAI on major decentralized exchanges to boost its adoption rate. The bear market has made investors scared of investing their hard-earned money. Experts believe that the new year may be a turning point for the crypto industry.

 Dai is a blockchain-powered project stabilized against the value of the US dollar. Dai (DAI) brings trustless stability to the volatile crypto ecosystem. At press time, Dai (DAI) traded for $0.999773 USD with a 24-hour trading volume of $127,405,929 USD.

What’s Next For Bearish Rated UNUS SED LEO (LEO)?

2022 was indeed a challenging year for both investors and traders. The prolonged crypto waves plummeted the prices of major cryptocurrencies like Bitcoin and Ethereum, and also dashed the hopes of altcoins like UNUS SED LEO (LEO). Investors in the UNUS SED LEO (LEO) ecosystem are jumping ship to join a more viable project like Orbeon Protocol (ORBN).

Launched in May 2019, UNUS SED LEO is the native token of iFinex, the parent company of cryptocurrency exchange Bifinex. At press time, UNUS SED LEO trades for $3.50 USD with a 24-hour trading volume of $2,380,505 USD.

Unlike other tokens, Orbeon Protocol is transparent, flexible, and offers investors a seamless way to earn passive income.

 For more information on Orbeon Protocol (ORBN):

Website: https://orbeonprotocol.com/ 

Telegram: https://t.me/OrbeonProtocol 

Twitter: https://twitter.com/OrbeonProtocol 

Instagram: https://www.instagram.com/orbeonprotocol/ 

Filed Under: Press Release Tagged With: DAI, orbeon protocol, unus sed leo

Aave V3 Launch Delayed By Ethereum Voting Process

January 23, 2023 by Ammar Raza

In a surprise turn of events, the highly-anticipated launch of Aave V3 has been delayed by an Ethereum voting process. Earlier this week, the platform’s team member Graham tweeted that the upgrade, which includes a host of new features such as cross-chain asset functions and community contribution tools, was set to occur this week.

However, yesterday, it was announced that an Aave Ethereum V3 proposal was up for voting, which will activate its Ethereum pool (3.0.1) by completing all the initial setup and listing WBTC, WETH, wstETH, USDC, DAI, LINK, and AAVE, all of which have already been pre-approved by the community.

According to the announcement post, this governance proposal activates the Aave V3 Ethereum pool (3.0.1) by completing all the initial setups and listing the above-mentioned assets. All its addresses can be found in the network’s address book.

The delay in the launch of Aave V3 is due to the fact that the Ethereum pool was still running V2. After careful consideration, the community decided to deploy a fresh V3 instead of upgrading the V2 pool for increased compatibility between the V3 pools and less general complexity. 

The assets to be listed and their respective configurations have been discussed in the governance forum and decided in the snapshot that is mentioned in the announcement post.

Additionally, security procedures have been taken to ensure the proposal execution is simulated within the tests and the resulting pool configuration is tested for correctness. Further, the proposal has been tested using forks on the Aave interface, and its companies have reviewed the code.

This is a momentous occasion for Aave and the entire decentralized finance community, as this upgrade promises to take the platform to new heights. The community is eagerly awaiting the results of the voting and the official launch of Aave V3.

Aave Team Member’s Tweet

According to a January 15th tweet from team member Graham about the launch of Aave V3, it is expected to reduce costs by 20-25% significantly and is set to revolutionize the decentralized lending platform. The new version will also come with efficient mode and other upgrades. However, the community is excited about the launch and is eagerly waiting for the release.

Big week for Aave. V3 hopefully coming this week 🚀

— 0xGraham.lens 🦇🔊 (@0x4Graham) January 15, 2023

In his tweet, the member disclosed several other organizations’ hard work and dedication in the lead-up to the highly-anticipated launch. The member gave shout-outs to bgdlabs, a Web3 development initiative contributing to the platform. 

Much deserved shout outs to @bgdlabs, @chaos_labs, @gauntletnetwork and @AaveAave for all the hard work and effort put in over the last few weeks to make this happen!

— 0xGraham.lens 🦇🔊 (@0x4Graham) January 15, 2023

Additionally, the member tagged Chaos Labs, the economic security and risk management platform for DeFi protocols, and Gaunt Let Network for their contributions and efforts over the past few weeks that have helped make the launch a reality.

Related Reading | Ethereum Liquid Staking Market Booms With Lido & Rocket Pool Leading The Way: Report

Filed Under: News, Altcoin News Tagged With: aave, DAI, Ethereum (ETH), LINK, USDC

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