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DeFi platform WonderFi Technologies agreed to purchase First Ledger Corp , the parent firm of the first regulated crypto exchange in Canada, Bitbuy, this week for an impressive $162 million in a bid to expand the presence of cryptocurrency and DeFi across the country.
Backed by renowned billionaire investor Kevin O’Leary, WonderFi detailed its method of funding the takeover through the issuance of 70 million new shares, paying $15.7 million in upfront cash in addition to $23 million in deferred cash via a vendor-take back note due in 12 months.
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DeFi liquidity provider and market maker Tokemak would receive $50 million in UST for a maximum of six months, and lending and borrowing platform Rari Fuse would receive $20 million in UST across the same period. Yield aggregator Convex Finance would receive $18 million, while OlympusDAO would ge...
thirty organizations were granted primary whitelist entry to the service, including digital asset custodian Fireblocks, alongside Anubi Digital, Canvas Digital, SEBA Bank, GSR and crypto yield aggregator Celsius.
“UST Goes Interchain: Degen Strats Part Three,” the lengthy governance post extensively detailed the methods and procedures in which Terra’s native token, LUNA , and $139 million of TerraUSD (UST) could be deployed to “bring awesome UST us...
created 5 ideas
created 5 ideas
Interesting piece on building a portofolio for 2022.
created 3 ideas
one sided and annoyingly incorrect copy, at least the list of protocols is of the big players
❤️ Brainstash Inc.