China News by Thebittimes.Com

Term Finance: On -chain  Lending Protocol with Fixed Interest Rates, Fixed Terms, and Non-Redeemability -chain -lending-protocol-with-fixed-interest-rates-fixed-terms-and-non-redeemability" class="header-anchor-widget offset-top"> Author: defioasis Since its online launch over two months ago, the fixed-rate liquidity protocol Term Finance has processed $23.8 million in tenders, including $11.9 million in deposits and $11.9 million in loan requests. Of these, $6 million in loans were successfully matched through Term Finance’s unique recurring auction model. The average transaction size in auctions has steadily grown to $350k over the past four weeks. Term Finance completed a $2.5 million financing round led by Electric Capital in February of this year, with participation from Circle Ventures and Coinbase Ventures, and underwent an audit by Sigma Prime in May. As early as mid-September, BitMex founder Arthur Hayes shared insights on the interest rate differences betwee...

Author: @0xMavWisdom Last month, I took stock of the current situation in the NFT marketplace, including the fierce competition between top-tier platforms like Blur and OpenSea, the struggles faced by LooksRare and X2Y2 with their trading mining approaches, as well as some niche platforms that cater to specific audiences. After experiencing the May hype surrounding Bitcoin Ordinals and the explosive growth of Blend’s lending shares, the future competitive trends in the NFT marketplace have become more apparent. This article will focus on these trends. Trend 1: Multi-functional Aggregation NFT Marketplace Will Become Mainstream As an NFT marketplace, spot trading is the foundation, and providing users with a high-quality and comfortable trading experience is key to market competition. The NFT spot trading functionality has undergone at least two advancements, transitioning from a singular approach to a more diversified one. The first advancement is trade aggregation. Initially, the sell...