Daimanie https://paragraph.com/@daimanie undefined Sat, 02 May 2026 07:45:20 GMT https://validator.w3.org/feed/docs/rss2.html https://github.com/jpmonette/feed en Daimanie https://storage.googleapis.com/papyrus_images/5473a5ac8be9b3d03b439a3afb52ef31e3a2b0ba9138f1f8ebbe2935d2a1d510.jpg https://paragraph.com/@daimanie All rights reserved <![CDATA[Chingar]]> https://paragraph.com/@daimanie/chingar giEeyEnRgixJ5X9KJi6N Mon, 18 Oct 2021 18:20:26 GMT India's short video social platform Chingar launched the social token GARI and GARI NFT market. Bollywood star Salman Khan has signed up as a brand ambassador for the GARI token reward program and NFT market. The company said that GARI will enable content creators on its apps to build their own e-commerce space, including physical goods, build NFT creations, and help people fund their favorite artists. According to previous reports, India's short video social platform Chingari completed a US$19 million financing, with participation from Galaxy Digital, Republic Crypto, Solana Capital, LD Capital, Alameda Research, Kraken, Valor Equity Partners, Coinfund and others. Chingari is a video sharing platform benchmarked to TikTok, with more than 78 million downloads.

]]> daimanie@newsletter.paragraph.com (Daimanie) <![CDATA[CoinSwitch Kuber CEO: Strive for at least 50 million Indian users in the next two years]]> https://paragraph.com/@daimanie/coinswitch-kuber-ceo-strive-for-at-least-50-million-indian-users-in-the-next-two-years b68bxwitXeQnFov4Yixp Sun, 17 Oct 2021 15:38:21 GMT Chief Executive Officer of CoinSwitch Kuber, a cryptocurrency exchange

Officer Ashish Singhal said they are working hard to get

Get no less than 50 million Indian encrypted users, possibly in

Achieve this goal in the next two years. When the time comes

The company plans to seamlessly impart cryptocurrency investment management knowledge to users. In addition, according to Singhal, they

The goal is to train everyone on cryptocurrency to create wealth

All means and appropriate methods of In addition, he emphasized that the company

Ready to work hand in hand with the government to realize its vision, and in the

China creates encryption-friendly regulations.

Earlier news, CoinSwitch Kuber was valued at US$1.9 billion

Value of 260 million US dollars in Series C financing, Andreessen

Horowitz (a16z) and Coinbase Ventures led

Investment, existing investors Tiger Global (Tiger Global) and

Sequoia Capital India participates

cast.

]]> daimanie@newsletter.paragraph.com (Daimanie) <![CDATA[Axie Infinity has released the 1.1.0a update. Accounts ranked lower than 800 will not be able to get SLP from daily tasks]]> https://paragraph.com/@daimanie/axie-infinity-has-released-the-1-1-0a-update-accounts-ranked-lower-than-800-will-not-be-able-to-get-slp-from-daily-tasks zonRD6PJIwNWnfXzlq0W Fri, 15 Oct 2021 16:49:46 GMT Axie Infinity released the 1.1.0a version update, specifically including Axies will be reset to the first level after the owner changes; the function of playing against users in the friends list is relaunched; accounts with a ranking of less than 800 will not be able to perform daily tasks and adventures. SLP rewards and battle history obtained in events such as events will be stored on the client instead of Axie Infinity's server, and users can view them during the battle. In addition, Axie Infinity has made minor improvements to the display of some addresses in the block explorer of Ronin's dedicated Ethereum sidechain.

]]> daimanie@newsletter.paragraph.com (Daimanie) <![CDATA[The future of DeFi in the Ethereum ecosystem]]> https://paragraph.com/@daimanie/the-future-of-defi-in-the-ethereum-ecosystem rPptZQ0vKkeH06LmWYHM Thu, 14 Oct 2021 16:21:10 GMT Since ETH once again hit a record high since 2017 in early March, the price ratio of all major DeFi blue chip tokens to ETH has been continuously falling. The market has clearly stated that the valuation of these networks does not represent their current usage. In contrast, the value of DeFi's underlying network (ETH) is underestimated. Many ETH-DeFi altcoins and other dragging currencies have failed to reach record highs or even break through the highs since June. Last year we ushered in the first "DeFi Summer", when AAVE, COMP, Uniswap and other platforms were really popular. At that time, DeFi-related tokens were the latest altcoins on the market, which is the main reason why they performed so well. At that time, DeFi did not exist on other smart contract platforms other than Ethereum. Now, multiple different chains have DeFi, and in many cases, these L1s have EVM compatibility. This may be a reversal of these DeFi assets. The value narrative of ETH's downtrend, because as new capital enters the DeFi field, their usage may increase. The ratio of these tokens to ETH has now returned to near the low point since the beginning of the year. In addition to DeFi blue chips, there are many new innovations in DeFi that come entirely from brand-new agreements, such as OHM / SPELL. I think the biggest advantage of ETH-DeFi lies in these opportunities, and then in the field of decentralized derivatives. As some are cracking down on crypto trading, and many other non-KYC exchanges are reducing their withdrawal limits or forcing the use of KYC, we will see users moving from centralized exchanges (CEX) to on-chain transactions. dYdX has shown the emergence of this trend, and the volume of decentralized perpetual contracts is comparable to some CEX with good liquidity. DPX is another decentralized alternative, dedicated to building an options platform. There are now platforms such as Mango Markets and PsyOptions on Solana. In the next few months and in 2022, user growth on all these platforms should accelerate. DeFi tokens have always played well as a hedge against other long/spot positions, but as we enter this new multi-chain phase (EVM DApp can be deployed across blockchains), this trend may soon be announced Finish. As I said before, I think the trend will be: new institutional capital enters the crypto field, and bets on the long-term success of DeFi + smart contracts. Among the available options, the best recurring betting target is an alternative L1 token. The market value is much smaller than ETH, and the current performance is better than Ethereum, but it is not so secure. For hedging options, it is now better to look for weaker L1 + smaller communities that do not have that much capital to enter, rather than ETH-DeFi assets. As alternative L1 captures the market share of new cryptocurrency entrants and gradually cannibalize ETH's market dominance, I think this will continue to be the best deal. If you invest in ETH-DeFi tokens, I think it’s best to focus on newer protocols (which can provide value to users who didn’t exist before) + focus on current market trends. Now the popular trend of EVM is multi-chain/"bridge" projects and go Centralize derivatives instead of blindly buying so-called DeFi "blue chips".

]]> daimanie@newsletter.paragraph.com (Daimanie)