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Polygon Launches $1M Liquidity Mining Program To Bootstrap Predictions Platform, Augur Turbo – BTCHeights

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Polygon Launches $1M Liquidity Mining Program To Bootstrap Predictions Platform, Augur Turbo – BTCHeights

With a $1 million incentive, reduced fees, faster transaction times, and access to new markets, Augur Turbo users are presented with the most advanced and ​​accessible UX in crypto sports betting.

DUBAI, UAE / ACCESSWIRE / September 30, 2021 /Polygon, an Ethereum scaling platform onboarding millions to the Web3, today announces the launch of Augur-Matic Rewards, a $1 million incentivization program to bolster liquidity on Augur Turbo, a decentralized predictions platform with daily markets for sports, crypto, politics, and current events.

Polygon’s incentivization scheme is aimed at liquidity providers (LPs) to bootstrap user adoption and ensure the smooth running of Augur Turbo.

Currently, many crypto sports betting platforms simply mimic the model of traditional bookmakers, remaining illiquid as a result and exhibiting prohibitive fees. By instilling an automated market maker (AMM) model instead, Augur Turbo enables users to provide liquidity on every side of the bet and renders dynamic odds determined by the AMM.

Built on Polygon, Augur Turbo represents a significant upgrade to Augur’s existing Ethereum-based predictions platform. The transition to Polygon also allows Augur Turbo to leverage a sustainable base of operations, minimizing transaction fees while facilitating access to millions of new users in the Polygon ecosystem. User growth is expected to further expand with the ability to create and add liquidity to additional betting markets, including the National Football League, National Basketball Association, Major League Baseball, Mixed Martial Arts, and the Olympics.

Augur Turbo started beta testing on Polygon just three months ago in an effort to make prediction markets more scalable and accessible to a broader audience. Since then, not only has Turbo expanded to include daily markets for NFL, NBA, and MMA and weekly markets for Crypto and MMA, but the user experience has improved a hundredfold thanks to the feedback from the community. By utilizing Polygon’s fast and secure transaction processing, LPs and traders are free to trade in and out of positions as the markets shift.

Tom Kysar, Director of Operations at Augur, said: “Long story short, Augur v2 (on Ethereum) had numerous problems in regards to the cost to use it, gas prices, and transaction times. Augur Turbo on Polygon negates these issues, making it virtually free to execute trades and take other actions.”

With Ethereum gas fees skyrocketing, Polygon has become the most popular layer 2 among developers in recent months. Currently, it houses substantially more gaming and NFT Dapps than other chains outside of Ethereum, with more than 500 Dapps already in the Polygon ecosystem. Polygon also boasts over 13.5 million unique users and has facilitated more than 600 million transactions, both of which are growing at a rapid pace.

For more information, please contact:

Pedro Park
Cryptoland PR | http://cryptolandpr.com/
[email protected]
[email protected]

About Polygon

Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 500+ applications hosted, ~600M total transactions processed, ~60M unique user addresses, and $5B+ in assets secured.

If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.

Website | Twitter | Ecosystem Twitter | Studios Twitter | Reddit | Discord | Telegram | Instagram

About Augur Turbo:

Augur is the world’s most accessible, low-fee, no-limit betting platform. It allows you to buy and sell real-money stakes in world outcomes including sports, crypto, politics, and current events.

Augur is a set of audited and secure smart contracts. To learn more, visit Augur.net, subscribe to the Augur newsletter, and follow@augurprojecton Twitter.

Discord | Reddit | GitHub | Help Docs | Docs



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Polygon Launches $1M Liquidity Mining Program To Bootstrap Predictions Platform, Augur Turbo

0
Polygon Launches $1M Liquidity Mining Program To Bootstrap Predictions Platform, Augur Turbo

With a $1 million incentive, reduced fees, faster transaction times, and access to new markets, Augur Turbo users are presented with the most advanced and ​​accessible UX in crypto sports betting.

DUBAI, UAE / ACCESSWIRE / September 30, 2021 /Polygon, an Ethereum scaling platform onboarding millions to the Web3, today announces the launch of Augur-Matic Rewards, a $1 million incentivization program to bolster liquidity on Augur Turbo, a decentralized predictions platform with daily markets for sports, crypto, politics, and current events.
Polygon’s incentivization scheme is aimed at liquidity providers (LPs) to bootstrap user adoption and ensure the smooth running of Augur Turbo.
Currently, many crypto sports betting platforms simply mimic the model of traditional bookmakers, remaining illiquid as a result and exhibiting prohibitive fees. By instilling an automated market maker (AMM) model instead, Augur Turbo enables users to provide liquidity on every side of the bet and renders dynamic odds determined by the AMM.
Built on Polygon, Augur Turbo represents a significant upgrade to Augur’s existing Ethereum-based predictions platform. The transition to Polygon also allows Augur Turbo to leverage a sustainable base of operations, minimizing transaction fees while facilitating access to millions of new users in the Polygon ecosystem. User growth is expected to further expand with the ability to create and add liquidity to additional betting markets, including the National Football League, National Basketball Association, Major League Baseball, Mixed Martial Arts, and the Olympics.
Augur Turbo started beta testing on Polygon just three months ago in an effort to make prediction markets more scalable and accessible to a broader audience. Since then, not only has Turbo expanded to include daily markets for NFL, NBA, and MMA and weekly markets for Crypto and MMA, but the user experience has improved a hundredfold thanks to the feedback from the community. By utilizing Polygon’s fast and secure transaction processing, LPs and traders are free to trade in and out of positions as the markets shift.
Tom Kysar, Director of Operations at Augur, said: “Long story short, Augur v2 (on Ethereum) had numerous problems in regards to the cost to use it, gas prices, and transaction times. Augur Turbo on Polygon negates these issues, making it virtually free to execute trades and take other actions.”
With Ethereum gas fees skyrocketing, Polygon has become the most popular layer 2 among developers in recent months. Currently, it houses substantially more gaming and NFT Dapps than other chains outside of Ethereum, with more than 500 Dapps already in the Polygon ecosystem. Polygon also boasts over 13.5 million unique users and has facilitated more than 600 million transactions, both of which are growing at a rapid pace.
For more information, please contact:
Pedro Park
Cryptoland PR | http://cryptolandpr.com/
[email protected]
[email protected]
About Polygon
Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 500+ applications hosted, ~600M total transactions processed, ~60M unique user addresses, and $5B+ in assets secured.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.
Website | Twitter | Ecosystem Twitter | Studios Twitter | Reddit | Discord | Telegram | Instagram
About Augur Turbo:
Augur is the world’s most accessible, low-fee, no-limit betting platform. It allows you to buy and sell real-money stakes in world outcomes including sports, crypto, politics, and current events.
Augur is a set of audited and secure smart contracts. To learn more, visit Augur.net, subscribe to the Augur newsletter, and follow@augurprojecton Twitter.
Discord | Reddit | GitHub | Help Docs | Docs
 

Macaw Herd: The High-End NFT Project Exclusively Built For Charitable Works

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Macaw Herd: The High-End NFT Project Exclusively Built For Charitable Works

Macaw Herd is the massive collection of 700 Macaw NFTs on the popular Fantom Blockchain. The sale is live and hundreds of Macaws are still available. Macaw Herd has developed a distinct, specific, and precise roadmap. There isn’t any limit for the Macaws in the Macaw Herd. The users can use them to their fullest potential. 
These Macaws are cute and attractive in various colours. Usually, Macaws are well-known for eating colossal seeds, fruits, and other nuts. Yet, these are mostly known for mimicking sounds. Who wouldn’t love to hold cute and vibrant Macaws? The users can enjoy tremendous benefits such as future airdrops, account holders perks, and many more just by holding Macaws.
The Macaw Herd project’s primary aim is to help individuals struggling to lead better lives. There are millions of people without proper food, shelter, and clothes. In addition, hundreds of thousands of people are dying due to a lack of high-end healthcare facilities. That’s why the Macaw Herd project has been built to assist needy people. 
Human beings are intelligent social creatures with multiple emotions. Humanity is the only factor that differentiates humans from other creatures. And the only way to show humanity is by helping others in several ways, from donating a few bucks to establishing charities. So far, the Macaw Herd has donated numerous bucks in the form of cryptocurrencies to popular charities. 
                                                                                                                               
Recently, the project has donated 1500 FTM to “Save The Children” and “Heart and Homes” charities. Although there are several obligations to help the needy people, the Macaw Herd team has been trying to give its best shot. With its selfless goals to show care and love for people, the Macaw Herd team has decided to provide 20% of NFT sales and generate royalties to charities and communities working for the welfare of others. Especially in the present days, war-torn countries are struggling immensely. Hence, Macaw Herd is here to help needy people. Since there are colossal Macaws available in the marketplaces like Paintswap and Artion, you can earn huge rewards by garnering enough Macaws. 

Contact 

Website: https://macawherd.com/
Twitter: https://twitter.com/MacawHerd
Paintswap: https://paintswap.finance/
Artion: https://artion.io/

Amasa Announces Dual IDO on Trustpad and Chainboost on September 28

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Amasa Announces Dual IDO on Trustpad and Chainboost on September 28

Sydney, Australia, 16th September, 2021,
Amasa will collaborate with Genesis Shards for a pre-IDO NFT release on September 23.
Amasa is thrilled to announce its dual IDO will be hosted on Trustpad and Chainboost from Tuesday, September 28, to Thursday, September 30, 2021.[1] [JH2]  Plus, as part of Amasa’s community engagement campaign, a pre-IDO NFT release of wrapped $AMAS tokens will be offered via Genesis Shards’ Genpad launchpad on September 23.
This is a milestone in Amasa’s journey to harness micro income streams for users everywhere. Amasa is unleashing the potential of Web 3.0, a new generation of internet applications and platforms incorporating blockchain and other technologies that facilitate decentralization, open and permissionless networks, and greater ownership of data.
This dual IDO will be the first opportunity for the public to acquire the $AMAS governance token, which will enable holders to drive the project’s future direction by submitting and voting on proposals to guide platform developments like new portfolio options, adjustments to fees and rewards, and treasury fund deployment.
$AMAS will be listed on Uniswap and be accessible to the broader crypto community after the dual IDO.
In all, 3.75 million $AMAS tokens will be offered at $0.08 apiece through the three powerhouse launchpads. Genpad will handle 16.7% ($50,000) of the $AMAS allocation, while Trustpad and Chainboost will each manage a 41.65% allocation ($125,000).
Will Birks, Core Contributor of the project, said “Amasa is being built to help make Web 3.0 and DeFi more accessible and valuable to anyone. Wealth decentralization is our driving purpose. We want more value from online activities for the 99%, and less captured by the 1%. Our aim is to provide a user-first model that helps anyone get the benefits of Web 3.0 and Defi without having to navigate all the complexity. This remains a constant value proposition in a hyper-rapidly evolving space.”
Amasa provides a way to combine, stabilize, and amplify micro income streams, which Web 3.0 apps pay to users for their online activity. This activity includes play-to-earn gaming, ad viewing, data sharing, content creation, sharing CPU computational power through the cloud, and engaging in professional network interactions. This creates a new type of investment ecosystem for Amasa’s users as well as a new significance for micro income streams.
Amasa is building a way for users to aggregate micro income streams in one account, shield assets from market volatility by automatically swapping deposits into stablecoins, and adopt community-endorsed DeFi investment strategies for effective wealth-building. Specifically, Amasa will utilize Chainlink’s Keepers and the Polygon-powered QuickSwap decentralized exchange to perform auto-swaps, ensuring a fast and low-cost process that requires no management by users.
Amasa will provide $AMAS holders who stake their tokens with access to governance functions such as voting on proposals. In this way, Amasa will encourage its users to be active participants in the journey of shaping the entire Amasa community’s financial future.
For more information about Amasa and $AMAS, please visit the project’s official website.
About Trustpad, Chainboost, and Genesis Shards
TrustPad was founded to aid the growth of the blockchain ecosystem in a safe and sustainable way. A “quality, not quantity” approach ensures that projects launched through TrustPad have real, long-term value.
ChainBoost is a decentralized launch platform powered by ChainGuardians. Its community and team believe in the disruptive potential of NFTs, gamification, and DeFi within the technological and financial industries.
Genesis Shards is a decentralized ecosystem powered by Polkadot. It redefines NFTs as DeFi options, creating a permission-less environment of interchain liquidity for pre-IDO tokens.
About Amasa
Amasa’s mission is to connect millions of users to Web 3.0 and DeFi to improve their financial situations. The project is driving adoption of platforms that reward participants with micro income streams for their gaming, time, energy, attention, content, data, and interactions.
Amasa is building the world’s first micro income stream investment app. The Amasa app will make micro income streams easy to capture, combine, and access as a stabilized income, then amplify through user-selected DeFi investment options. Combine. Stabilize. Amplify. All in the background of everyday life.
Telegram (Community): https://t.me/amasa_community/
Telegram (Announcements): https://t.me/amasa_updates/
Twitter: https://twitter.com/amasa_io/
Medium: https://amasa.medium.com/
Contacts

Panther and NEAR Protocol announce partnership to develop privacy preserving tech in the NEAR ecosystem

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Panther and NEAR Protocol announce partnership to develop privacy preserving tech in the NEAR ecosystem

Midtown, Gibraltar, 30th September, 2021,
Panther envisions a world where DeFi and Web3 users can enjoy a decentralized world without surveillance. Where privacy features are available in dApps and protocols by default. Where all EVM compatible blockchains are connected through a privacy layer, but at the same time allowing users to share data with counterparties as they see fit, balancing privacy and trust. With that vision in mind, Panther is thrilled to announce a partnership with NEAR that puts Panther closer to that goal. 
NEAR and Panther agree that privacy is an essential human right. Panther has received a grant from NEAR to explore the development of open source privacy infrastructure (Rust libraries, APIs, and tooling) needed for a native Panther deployment on NEAR. This includes the deployment of Panther’s privacy solutions on NEAR’s EVM, Aurora.
Due to the current architecture and high volume of Ethereum transactions that pushed gas fees to all time highs, Near’s Aurora is becoming an intelligent choice for developers that are looking for 1000x lower gas fees, 50x higher TPS and 2 seconds finality, with a future proof sharding architecture and a novel carbon neutral value proposition. Aurora solves the current issues plaguing Ethereum while preserving the development ecosystem value the Ethereum has. These factors were critical for Panther to prioritize the development of its scalable privacy infrastructure on NEAR’s blockchain. 
Panther’s ultimate goal is to accelerate the development of privacy-first DeFi and Web3 applications. By building its infrastructure natively into EVM compatible peerchains and empowering developers with a robust set of APIs, SDKs and deep integrations, Panther wants to allow value to flow privately across blockchains, wherever DeFi and Web3 goes.
Panther’s most notable components are an Interchain DEX, multi asset shielded pools that break on chain links while rewarding privacy miners for contributing to the anonymity set, zAssets, which are privacy enhanced digital assets of their non private counterparts (ie. zETH created from ETH being deposited in Panther vaults) and last but not least, selective disclosures, which gives users the ability to disclose only what they want, with selected counterparties only, allowing institutions and fintechs to delve into DeFi without having to abandon compliance and user privacy on the way in. 
“Panther recognizes that usability and intelligent design are key components of mainstream blockchain adoption. It is our mission to restore privacy, sovereignty of transactions and data ownership for all users of DeFi and Web3 and it is on that spirit that we are pleased to partner with the NEAR foundation to establish shielded pools and other components of Panther’s privacy preserving infrastructure on the NEAR blockchain, taking one more step towards an interoperable, private and compliance compatible blockchain future.” – said Oliver Gale, Co-Founder and CEO of Panther, about the partnership.
Follow Near and Panther on social media to be the first to hear about these announcements. 
About NEAR 
A scalable blockchain designed to provide the performance and user experience necessary to bridge the gap to mainstream adoption of decentralized applications. Unlike other next generation blockchains, the NEAR network has been built from the ground up to be the easiest in the world for both developers and their end users while still providing the scalability necessary to serve those users.
About Panther
Panther is an end-to-end privacy protocol connecting blockchains to restore privacy in Web3 and DeFi while providing financial institutions a clear path to compliantly participate in digital asset markets. 
Panther provides DeFi users with fully collateralized privacy-enhancing digital assets, leveraging crypto-economic incentives and zkSNARKs technology. Users can mint zero-knowledge zAssets by depositing digital assets from any blockchain into Panther vaults. zAssets flow across blockchains via a privacy first interchain DEX and a private metastrate. Panther envisions that zAssets will become an ever-expanding asset class for users who want their transactions and strategies the way they should always have been: private.
Want to learn more about Panther?
Check out the website.
Stay connected with Panther: Telegram | Twitter | Medium | LinkedIn | Website | 
Contacts

How do I get the most out of my blockchain PR campaign?

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How do I get the most out of my blockchain PR campaign?
Effective blockchain PR can completely transform the success of an IDO project. From increasing total traffic and investors to building your brand awareness, blockchain PR is crucial.
 
But how exactly do you ensure that your blockchain PR campaign goes off without a hitch? In this article, we’ll be discussing some key tips to follow if you want to ensure that your blockchain public relations campaign is successful. 
 
We’ll be discussing:
  • Setting realistic goals
  • Knowing your audience
  • Using the right channels 
  • Track your progress
Let’s get into it!
Set Realistic Goals
 
Goal setting is one of the most important first steps you can take when launching a blockchain PR campaign. Before you do anything else, visualize where you want this campaign to take you. What sort of targets did you have in mind and how are you going to get there.
 
As the old mantra goes, fail to plan, plan to fail. You need to ensure that you’ve got a goal roadmap planned out. This will allow you to know if you’re on track or not, meaning you can adjust if need be.
Your goals should be quantifiable, allowing you to measure them with ease. While a vague target like ‘Increase public interest in my project’ is difficult to track, a goal like ‘increase traffic to the site by 50% over three months’, is measurable. This is because you’ve set both a time period and a quantifiable goal. 
 
One final comment about this, be sure to set REALISTIC goals. Setting goals that are too far out of proportion will leave you feeling as if your campaign has failed – even if it’s going well!
 
Know Your Audience
 
As the cryptocurrency community is distinct from most other communities, this step is particularly important.
 
What may work in traditional PR campaigns will fall flat in the crypto community. For example, there are huge differences in demographics when it comes to crypto. Did you know that 86% of cryptocurrency users are men? This is just one of the many differences you’ll need to be aware of if you want to run a successful crypto PR campaign. 
 
Make sure that you, and the PR agency you are using, know the blockchain community inside out.
Use The Right Channels
 
This extends from the previous point. Within the crypto community, traditional forms of marketing are not as effective. The majority of traditional marketing happens over Facebook. However, this isn’t the case for crypto.
 
Instead, you’ll be wanting to use services like Discord, Reddit, Steemit, and Telegram. Although these are rarely used in traditional marketing campaigns, they are essential to the success of a blockchain PR campaign.
 
Use the correct channels and make sure you know what strategies to employ for each respective channel.
 
 
Track Your Progress
 
The famous mantra can be paraphrased down to ‘That which is not measured is not improved upon’, something directly applicable to blockchain PR campaigns.
 
You should attempt to use data-driven marketing, taking account of all of the data that your PR campaigns produce. Metrics like PPC and ROI become essential in these campaigns, with every little difference making a significant change down the line.
 
You should try and measure your progress as much as possible. Take baseline stock of your site before you begin the campaign. Then, at least once a week, you should review each of the social campaigns you’ve put out.
 
Judge them on their effectiveness and how much buzz they’re generating. Another great idea to ensure the success of your PR campaign is to run A/B testing with certain press releases or social posts. By measuring these, you’ll be able to track the efficiency of your campaigns, then improving them constantly by going forward with the more successful A/B test.
 
Continually repeating, measuring, and improving upon what you’ve done will ensure that your blockchain PR campaign is as successful as can be.
 
Final Thoughts
 
If you’re looking to get the most out of your cryptocurrency campaigns, then following these steps is vital. Be sure to set goals, know your audience, use the right channels, and meticulously track your progress.
Doing so will boost your engagement and ensure your campaign is as successful as possible. Good luck! 

Bybit Launchpad Debuts With BIT Token Listing

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Bybit Launchpad Debuts With BIT Token Listing

Singapore, Singapore, 17th September, 2021,
Bybit, a popular platform for crypto lovers around the globe, has announced today its token launch site Bybit Launchpad. The first new token to feature on Bybit Launchpad will be $BIT.
Introducing Bybit Launchpad
Bybit Launchpad is designed to help connect innovative crypto projects and users who may be interested to gain exposure to promising projects, while protecting users and projects alike. Bybit Launchpad is open to Bybit users who have completed KYC L1, ensuring compliance with local regulatory requirements.
“We at Bybit are constantly inspired and amazed by the intrepid and imaginative experimentation in the crypto space and the talented and committed folks working for a better future of finance,” said Ben Zhou, co-founder and CEO of Bybit. “With Bybit Launchpad, we hope to shine a light on promising projects and help bring game-changing innovations to a wider audience.”
BIT Coming Soon to Bybit Launchpad
BIT is the native token of BitDAO — one of the world’s largest Decentralized Autonomous Organizations (DAOs) that aims to allocate massive financial and talent resources to support DeFi growth. BitDAO is supported by Peter Thiel, Founders Fund, Pantera, Dragonfly, Spartan, Alan Howard, Kain Warwick, SushiSwap, Polygon and more.
Bybit is an initial proponent of BitDAO, and has pledged to contribute 2.5bps of futures trading volume to BitDAO’s treasury. The contribution, at 2021 rates, is projected to exceed $1B per year. The BitDAO treasury balance stands at more than $540M as of Sept. 16.
Bybit’s listing of BIT will include launch rewards and free giveaways for participants. Timing and procedural updates on the BIT listing and airdrop will be updated on the Bybit blog.
For more details about Bybit Launchpad and upcoming token launches, go to https://www.bybit.com/en-US/trade/spot/launchpad/. 
//ENDS
About Bybit
Bybit is a cryptocurrency exchange established in March 2018 to offer a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multi-lingual community support. The company provides innovative online spot and derivatives trading services, cloud and DeFi mining products, as well as API support, to retail and institutional clients around the world, and strives to be the most reliable exchange for the emerging digital asset class.
For more information please visit: https://www.bybit.com/
For updates, follow Bybit’s social platforms on Twitter and Telegram.
About BIT and BitDAO
$BIT is the native token of BitDAO, one of the world’s largest Decentralized Autonomous Organizations. BitDAO was formed with the vision of leveling the economic playing field for every person in the world through the acceleration of the decentralized tokenized economy. 
Homepage: www.bitdao.io
Twitter: https://twitter.com/BitDAO_Official
Discord:https://discord.gg/jTBC4BKnj7
Telegram: https://t.me/BitDAO_Official
GitHub: https://github.com/BitDAOProtocol
Medium: https://medium.com/bitdao
Contacts

Taker Protocol Raises $3M to Transform NFT Liquidity and Utilization

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Taker Protocol Raises $3M to Transform NFT Liquidity and Utilization

New York, United States, 20th September, 2021,
Taker Protocol, a crypto liquidity protocol for NFTs, has raised $3 million from a number of reputable investors to build new financial primitives into the burgeoning NFT market.
The round was led by Electric Capital, with DCG, Ascentive Assets, Dragonfly Capital, Spartan Group, The LAO, Sfermion and Morningstar Ventures participating as well.  
Taker Protocol focuses on improving the liquidity available in the NFT market. Due to the unique non-fungible structure of NFTs, existing DeFi primitives are difficult to integrate into the market, resulting in significant issues in terms of overall liquidity. The value of an NFT is extremely volatile and often effectively becomes zero as no buyers can be found at any reasonable price. Furthermore, NFTs are difficult to use productively after purchase and often end up forgotten in the user’s wallet.
Taker Protocol aims to solve the worst of the liquidity issues. Allowing lenders and borrowers to liquidate and rent assets that aren’t cryptocurrencies creates new liquidity streams and opportunities. For Taker, these assets will include NFTs, financial papers, synthetic assets, and much more. 
The TKR token defines membership in the Taker DAO, which has several key functions in the system. In addition to setting loan-to-value rates and other parameters in the protocol, the DAO will also contribute in fairly appraising a particular NFT or NFT collection. This means that each asset supported by Taker will have a guaranteed fair floor price. In return, TKR holders will be able to obtain rewards and receive a portion of platform income. 
The funds received will help Taker launch the full version of the protocol across multiple chains, including Ethereum, Polygon, Solana, BSC and Near. The support of major stakeholders and participants in the NFT ecosystem will also help further development of the project.
Taker DAO contains many different Curator DAOs (Sub-DAOs), each sub-DAO will manage their own whitelist and a floor price for any NFT on their whitelist if the borrower defaults on the loan. We believe that it is best to mitigate the risks for our lenders by carefully selecting the NFT assets that our community desires and trusts the most. Aligning the interest of the DAOs with that of the lenders, we will mitigate the risk exposure for the lenders and optimize the profits for the DAOs. Moreover, each sub-DAO will have its own funds and can choose to focus exclusively on a specific type of NFT assets. For example, it could be artworks-only or Metaverse-only. 
Taker Co-Founder Angel Xu comments:
“We are absolutely thrilled to welcome so many well-established investment funds to the team. Their participation heralds an exciting new phase for the protocol as we seek to address persistent problems in the NFT lending market for the benefit of end-users. This investment will enable us to further optimize liquidation of NFT assets across multiple blockchains, removing the barriers to entry that prevent new players from entering the market.”
“Taker Protocol is using an innovative approach to solve the biggest problem in the NFT space — lack of liquidity. With Taker, we are one step closer to the world where anyone anywhere can use their NFT assets to take out a loan.” (Maria Shen, Partner at Electric Capital)
About Taker
NFT DeFi: Taker is the first protocol to provide liquidity to the NFT market through a DAO. It is a multi-strategy, cross-chain lending protocol for lenders and borrowers to liquidate and rent all kinds of crypto assets, including financial papers, synthetic assets, and more. Taker provides ensured liquidity via our lenderDao infrastructure and extensions that could be integrated into NFT marketplaces.
Contacts

Portal Secures $8.5M from Coinbase, Ventures Arrington XRP Capital and Others to Build Bitcoin-Based DeFi Platform

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Portal Secures $8.5M from Coinbase, Ventures Arrington XRP Capital and Others to Build Bitcoin-Based DeFi Platform

San Francisco, United States, 21st September, 2021,
Portal ,a self-hosted Layer 2 wallet and true cross-chain DEX on Bitcoin that makes atomic swaps between Bitcoin and other digital assets fast, secure, and private, is delighted to announce the closing of an $8.5 million funding round to build a self-sovereign and uncensorable DeFi on Bitcoin. 
The funding round saw participation from Coinbase Ventures, ArringtonXRP Capital, OKEx, Republic.co, Shima Ventures, LD Capital, Monday Capital, GenBlock, Taureon, Autonomy Capital, Krypital, B21 Capital as well as the senior executives and founders of Ethereum, DFINITY, MobileCoin, Tether (USDT), Galaxy Digital, Bitcoin.com, Republic, Centre.io, Polymath, Æternity, Hedera Hashgraph, Blockstream, Reef Finance, GlobeDX, FIO, Portion, and 4K.
Michael Arrington, founder of ArringtonXRP & TechCrunch, said, “Decentralized cross-chain bridging is one of the hardest problems in crypto right now, especially as multiple blockchains gain real traction. We’re excited to see Portal’s Bitcoin-native approach to multichain transfers go live and provide an alternative bridging mechanism to the growing number of active onchain users.”
Brain Johnson from Republic Capital said “Interoperability is a necessity for blockchain to bridge into the mainstream finance world. Republic Capital invested in Portal with this future in mind. Utilizing Bitcoin’s security as an anchor, we believe the Portal and its team are in a unique position to build one of the leading bridges in DeFi.”
Portal offers the speed and liquidity of centralized platforms with the trust minimization guarantees of Bitcoin. From spot markets to options, p2p lending and borrowing, all using on-chain, peer to peer contracts and without third party custody or control, Portal unlocks Bitcoin’s potential to actually decentralize finance. 
At the core of Portal is its Layer 2 and Layer 3 technology, called Fabric, which is an open-source toolbox for deploying censorship-resistant layers on top of the Bitcoin base layer. Fabric enables the completely private, off-chain execution of “smart contracts” for asset issuance, P2P swaps, staking, liquidity, derivatives, and more. 
Portal CEO Eric Martindale said, “By bringing a fast, peer-to-peer, Layer 2 exchange — with the speed of centralized exchanges but with privacy — Portal is delivering on the promise of self-sovereignty for everyone. The current centralized exchanges, false “decentralized” DEXs, custodially wrapped tokens, and censorable ecosystems all threaten Bitcoin’s promise of self-sovereignty. Fabric technology enables Layer 3 privacy on cross-chain transactions and eliminates the need for centralized custodians.”
On why they chose to build on Bitcoin, Martindale commented, “We believe Bitcoin provides the much needed financial infrastructure that the free, uncensorable internet-of-the-future will be built on, and although we are starting with a P2P exchange, our mission is to be The Platform for decentralized, peer-to-peer human interactions… be it communications, financial transactions, or social media.”
The platform uses Bitcoin’s “hash time-locked contracts” to ensure that users retain full control over the funds offered up in trade, preventing counterparty risk and loss of funds. It incentivizes anonymous, self-interested third parties to intermediate transactions between mutually untrusting peers while guaranteeing security. 
The funding announcement comes ahead of Portal’s public token sale on Republic.co launchpad in October.
About Portal
Portal is DeFi built on Bitcoin. It makes DeFi unstoppable with anonymous, zero-knowledge swaps via the first true cross-chain DEX that’s genuinely trustless. It eliminates minting wrapped coins (ie wBTC, wETH) or risky staking with intermediaries. With Portal, DeFi becomes a service that anyone can provide, maintaining anonymity within open, transparent markets with a security model as robust as Bitcoin mining. 
Fabric protocol is Portal’s Layer 2 and Layer 3 technology that enables building censorship-resistant communications, media and one-click cross-chain swaps, all on Bitcoin. 
 For further information, visit: https://portaldefi.com/ 
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Panther and Polygon are Taking Privacy to New Heights in DeFi

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Panther and Polygon are Taking Privacy to New Heights in DeFi

Midtown, Gibraltar, 21st September, 2021,
Panther Protocol creates private scalable infrastructure for smart contract platforms, DeFi and Web3, and is delighted to announce a strategic partnership with Polygon, the Layer-2 scaling solution often referred to as “the Ethereum’s Internet of Blockchains.”
Panther Protocol, who is building their MVP on Polygon, aims to bring interoperable privacy and compliance friendly selective disclosure mechanisms to the Polygon network. Besides providing technical support, Polygon will help Panther collaborate with projects within its ecosystem in the development efforts of privacy features that empower end users. It will also aid our mission in giving institutions and fintechs a clear path into private and compliant DeFi. 
Polygon and Panther both acknowledge the value of privacy as a basic human right. Panther leverages the zkSNARK technology to let users mint fully-collateralized, privacy enhancing zero-knowledge assets (zAssets) by depositing their digital assets from any blockchain into Panther vaults. They can then use zAssets across the DeFi ecosystem. 
The MVP will allow the first Panther users to get acquainted with zAssets, which provide privacy by default whilst retaining DeFi composability. Minting zAssets can effectively be seen as a shielding mechanism, and burning as unshielding. It will be implemented via a small number of shielded privacy pools on Polygon, keeping balances of zAssets permanently backed 1:1 by native collateral in Panther vaults. 
Expect to see in the Panther MVP:
Shielding and Deshielding of assets – the foundation for zAssets to function
Private transfer of assets
Voluntary Full disclosure of selected transactions and their linkage 
Ability to interact with Panther via web wallet
Panther Vaults
Why launch the MVP on Polygon?
Panther decided to launch our MVP on Polygon (formerly known as Matic) while the $ZKP token will be launched on Ethereum and use Polygon’s interoperable capabilities to bridge tokens over. The project chose Polygon because it has demonstrated its incredible technical capabilities, it has very low fees, which will allow the proper shielding of zAssets, and of course, because of its thriving and rapidly expanding DeFi ecosystem. 
“Polygon’s approach brings scalable, low cost transactions to the Ethereum network as well as a burgeoning ecosystem of DeFi protocols already using their technology. Panther’s partnership will enable zAsset utility between all Panther users in a privacy preserving, scalable and regulatory compatible fashion – opening the doors for true institutional adoption and retail usage,” said Panther Protocol CEO Oliver Gale.
About Polygon
Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. Polygon aggregates scalable solutions on Ethereum, supporting a multi-chain Ethereum ecosystem and combines the best of Ethereum and sovereign blockchains into a full-fledged multi-chain system. Polygon solves pain points associated with Blockchains, like high gas fees and slow speeds, without sacrificing on security.
About Panther Protocol
Panther is an end-to-end privacy protocol connecting blockchains to restore privacy in Web3 and DeFi while providing financial institutions a clear path to compliantly participate in digital asset markets. 
Panther provides DeFi users with fully collateralized privacy-enhancing digital assets, leveraging crypto-economic incentives and zkSNARKs technology. Users can mint zero-knowledge zAssets by depositing digital assets from any blockchain into Panther vaults. zAssets flow across blockchains via a privacy first interchain DEX and a private metastrate. Panther envisions that zAssets will become an ever-expanding asset class for users who want their transactions and strategies the way they should always have been: private.
Want to learn more about Panther?
Check out the website.
Stay connected with Panther: Telegram | Twitter | Medium | LinkedIn | Website |
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