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Showing posts from August, 2023

Filecoin Virtual Machine Development Receives Boost from LongHashX Accelerator

 Filecoin Virtual Machine Development Receives Boost from LongHashX Accelerator   Key takeaways   LongHash Ventures has launched two new incubation programs for development brigades who are creating FVM-compatible dApps   LongHashX Accelerator will accept 5 VC-ready systems, while LongHashX Fellowship will accept up to 25 early- stage FVM projects   operations are now being accepted for each LongHashX cohort   Filecoin( FIL) has joined forces with LongHashX, an incubation service handed by LongHash gambles. The new program, which will support development brigades who are erecting blockchain systems using Filecoin Virtual Machine( FVM), will accept brigades across two cohorts starting from 1st October 2023.     Filecoin Virtual Machine went live on mainnet in March 2023, offering a Filecoin-specific programming frame that brings the network closer to “ a more flexible, accessible, and decentralized pall. ” The developm...

Binance Announces Listing A New Altcoin For Futures

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  Binance Announces Listing A New Altcoin For Futures    Cryptocurrency derivatives exchange Binance Futures has announced the launch of a new perpetual contract for DODO, a decentralized finance (DeFi) protocol and on-chain liquidity provider. The DODO/USDⓈ perpetual contract will be able to be traded with a maximum leverage of 20x as of 15:00 on August 8, 2023. DODO is a DeFi protocol that aims to offer better liquidity and price stability than automated market makers (AMMs) using a unique proactive market maker (PMM) algorithm. The PMM algorithm mimics human trading behavior and uses oracles to collect accurate market prices for assets. It then provides sufficient liquidity near these prices to stabilize the liquidity providers' (LP) portfolios, reduce price drift, and eliminate temporary losses by allowing arbitrage trading as a reward. DODO also caters to new crypto projects with a free initial DODO offer (IDO) protocol that requires issuers to deposit only their own...