As the title indicates, $RAZE staking is coming back in partnership with our old friend MANTRA DAO, who has been a stalwart supporter of Raze Network in the multiple junctions of our project development.

We will now be taking the partnership a step further and offering another $RAZE staking pool with MANTRA DAO to bring $RAZE token holders and the Raze community additional utility to their tokens.

Staking is, as we know, considered a way to earn in the crypto space, and a way to help us diversify and decentralize the project. Thanks to the growing popularity of staking, there are tons of options for users who want to earn passive income with their valuable crypto assets.

Our strategic partner MANTRADAO is one of the platforms that can help you do that.

The $RAZE staking pool will be live on 4th March, at 7am UTC, and begin accruing rewards 24 hours after the pool is launched.

Specifics on RAZE Staking Event:

To make this process as smooth as possible, we draft this guide for our community so you can have a good idea of how to be integrated into our ecosystem and how to extract further value out of the crypto you are holding.

Rest assured our partner MANTRADAO has built an intuitive user interface, and the whole process should be straightforward.

Simply follow the steps below:

Raze Network is a cross-chain privacy protocol. It is built as a native privacy layer that can provide end-to-end anonymity for the entire DeFi stack. The Raze Network applies zkSNARKs to the Zether framework to build a second-layer decentralized anonymous module. The objective of Raze Network is to enable cross-chain privacy-preserving payment and trading systems while protecting the transparency of your assets and behaviors from surveillance.

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Rugpull. A word that sends shivers down the spine of cryptocurrency investors worldwide; a quick search engine or Twitter hashtag search will tell a revealing story. They are on the rise, and seemingly lurking around every corner, especially within the Binance Smart Chain (BSC) network.

What is a Rugpull?

Simply put, a Rugpull is an event where the liquidity of an asset is suddenly taken away by the cryptocurrency developers, leaving the remaining holders with cryptocurrency that is essentially worthless as the liquidity pool in which to trade it has been taken away; the price drops sharply and irreversibly, and investors’ funds are lost. The term Rugpull comes from the metaphorical rug being pulled from under an investor’s feet.

How does a Rugpull happen?

There are several ways in which developers can perform a Rugpull; From the simple act of distributing an abundance of tokens to their personal control and selling these to drain the liquidity, to creating an elaborate ‘backdoor’ in the coding of the cryptocurrency itself.

Typical red flags would be an unlocked Liquidity Pool, large token movements outside of an exchange and a lack of a smart contract audit being performed.

How much is being lost through Rugpulls?

Respected Cryptocurrency research company Chainalysis reported that in 2021 Rugpulls accounted for 37% of all revenue taken by scammers, coming in at a eye-watering $2.8 Billion.

In the standout and most widely reported Rugpull of 2021 Squid Game ($SQUID) fleeced innocent investors of over $3 Million.

Summary

When reporting about Cryptocurrency and the rise of scams occurring, it can be easy to become numb to the true scale of the numbers being reported, but it is clear to see that Rugpulls are a blight on the Cryptocurrency ecosystem; decimating trust and creating an aura of illegitimacy around even the most secure and honest projects.

Creating a basic Cryptocurrency token is relatively easy and very cheap. A browse on Fivver.com will show an abundance of ‘Developers’ shilling their wares for as little as £12. This low barrier to entry, along with the potential funds a malicious fraudster could walk away with, will mean that Rugpulls are unfortunately here to stay. Through increased education, thorough due diligence and improving DYOR tools such as Verify Lens, investors will be armed with the tools to spot these potential Rugpulls; Avoiding investment and starving the scammers of funds will be the only way to fight back in a decentralised and increasingly shady Cryptospace.

The second drop from Sentre guarantees gold for every participant! The Sentre Holding Challenge brings a total reward of 200,000 SNTR to the table with an extremely simple and easy way to join:

Step 1. Input your email and wallet address here: https://forms.gle/87gDhsjsTTsUAWp78

The wallet registered in this link will be used to track your next steps.

Step 2. Hold at least 2000 SNTR in your wallet for 30 days or more to be eligible.

Step 3. Get your golds! Rewards will be proportional to the amount of SNTR you hold for over 30 days.

Note that the more SNTR you hold, the more rewards you get! You are free to buy, swap, or unstake — as long as there’s SNTR in your wallet!

The SNTR Holding Challenge will take place from January 17 to February 25. Join now and get your golds!

We are running a month-full of amazing news and activities for our Sentizens. Sentre Golden Month is held between January 12 and January 31. This will be your one-and-only golden chance to multiply your assets, envision your future, and start your 2022 with FUN and FORTUNE!

Follow us for updates and news:

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Users can now directly access COTI’s RSS news feed through COTI’s price page on the Crypto.com platform.

This will allow all Crypto.com users to easily get all of our latest news and updates. Moreover, everyone wishing to be updated specifically on the $COTI coin will also be able to access its price, trading volume, live charts, and more.

This integration follows the listing of $COTI in Crypto.com’s exchange back in September, allowing all Crypto.com App users to not only trade COTI, but also purchase COTI directly with USD, EUR, GBP, and 20+ fiat currencies.

About Crypto.com

Crypto.com has become a popular full-grown international cryptocurrency hub in just a few short years since its foundation in 2016. The Crypto.com App, Crypto.com Exchange, Crypto.com DeFi Wallet, DeFi Swap, Crypto.com Visa Cards, Crypto Earn, Crypto Credit, Price Page, NFT marketplace, Ethereum Gas Fees Tracker, and many other services make for its ecosystem.

Crypto.com’s main goal is to provide the most convenient way to trade cryptocurrencies. In order to achieve this, it collaborates with regulatory institutions around the world. Crypto.com’s DeFi wallet is non-custodial, so users can have full control over their private keys.

For all of our updates and to join the conversation, be sure to check out our channels:

Website: https://coti.io

Twitter: https://twitter.com/COTInetwork

Telegram: https://t.me/COTInetwork

Github: https://github.com/coti-io

Discord: https://discord.gg/9tq6CP6XrT

Technical whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf

Today, 08/01/22 at 13 UTC, the Luart IDO registration has closed, and with that comes the time to assess which Faction will be taking the spoils of victory in the form of the 15% of the gamified prize pool!

This time however, we also held a Social Power competition in the form of a creativity contest as one of the competing variables in the battle for the prize pool, giving various tasks to the Factions and awarding the ones with the greatest creativity and effort put in, with 3 individual winners selected every day battling over a different mission.

Now, to recap to anyone new here, in accordance with StarTerra’s gamified terms, each IDO we hold an inherent competition between the Factions to award our most active and loyal player base. We do this by splitting the IDO gamified pool (total 15%) into the different Factions and working on a point system through a set of categories relating to the involvement of each Faction such as total Faction members involved, total STE, and in this IDO’s case, Social Power.

After all the points have been awarded, they are tallied up, and depending on the position of each Faction, every Faction receives a different amount of the gamified pool to increase your allocation!

So, now we know how the results are going to affect you as the player, it’s time to find out who won.

As Social Power was enabled in this IDO, it’s used as a key variable in deciding the victor, these results were decided based on which Faction had the most winning contest entries via Twitter! Every Day’s winner was chosen by the Luart Team!

The total STE involvement for this IDO reached 13,000,000! An excellent result to start the year correctly.

Moving onto the Prefunds, with a total of 7,400,000 prefunded in total, here’s how the Factions have done individually. (Total of Factions will be different than total prefunded as recruits are not included)

With over 6000 total players, yet another gigantic total, let’s see how the Factions fared individually, bear in mind this does not include recruits but does include WhaleCraft.

As you know, our 100 top wallets on StarTerra are classed as WhaleCraft, so just how many of these participants contributed to each Faction?

With impressive involvement dedicated from each Faction, it’s unfortunate to announce that as always, there can only be one winner.

3rd: Lunatics with a total of 8

2nd: Degens with 9

Finally, Interstellars with 13 points, earning themselves 1st again, well done!

What does this entail?

As mentioned, StarTerra works with P2E in mind. One of the active systems we have is the gamified pool, which this rivalry between the Factions competes for. WIth that being said, here are the gamified split pool percentages:

So as is evident, we put these gamified aspects to good use alongside our Social Power metric to enhance your experience with our platform providing a more satisfactory result awarding the most loyal player base, make sure to include yourself if you haven’t already in our upcoming IDOs to take a bigger allocation home with you!

To avoid any discrepancies in how the allocations are handled, we’re giving you the full details of what you’re eligible for depending on your Faction’s state as well as your personal tier.

Starting off with the Factions, here are the allocation sizes in $UST depending on if you’ve won, and what’s guaranteed for you.

Lunatics

Interstellars

Degens

If you were a recruit tier and won the lottery allocation, your allocation size will be:

If you participated in squadrons for a guaranteed allocation, your allocation will vary from:

As for WhaleCraft:

To summarize, in total there was a number of 6083 participants in this IDO, and of this 6083, 4283 participants will have received an allocation depending on tier, Faction squadrons etc, equating to two-thirds of all participants will have received something for their involvement. Not to mention P2E payouts and potential airdrops!

As stated on the earlier IDO details, if you have won yourself an allocation, you will be able to claim 10% of your tokens right away, followed by a 6-month daily linear release, so make sure you do so by visiting:

https://app.starterra.io/project/Luart/results

In addition, P2E will be paid out for this IDO around the beginning of the next IDO, which is very soon so stay tuned to our social media and Telegram announcements for that!

All prefunds withdrawals have been unlocked.

With the first IDO of 2022 behind us, racking in incredible amounts of support, we hope to continue our streak of success providing you with excellent projects in return for your continued support, thank you all very much for being a part of something new with StarTerra, and we intend to be a major part of your crypto journey moving forward.

To the inter-galactic realm of Luart and Beyond!

Burnt Finance is the first decentralized auction protocol on Solana.

Burnt allows users to take auctions into their own hands, enabling the minting and trading of any asset in an entirely permissionless ecosystem. The platform can support auctions for synthetics, NFTs, digital assets, and much more.

Since Burnt is built on Solana, we are able to achieve unparalleled transaction speeds with negligible fees. Additionally, all functions of the protocol are governed entirely by a decentralized network of stakeholders and community members.

Burnt Finance was founded by Burnt Banksy, an anonymous figure who made history in the NFT community with the burning of an authentic Banksy art work. We did this in order to demonstrate that the value of a physical artwork can be transferred into an NFT itself.

This act received universal acclaim and was covered by leading publications such as Bloomberg, CoinDesk, GQ, CoinTelegraph, BBC, CBS, HYPEBEAST, Art.Net, and many others.

Burnt Banksy has sold hundreds of NFTs and has achieved the highest average sale price on OpenSea ahead of NFT titans such as Beeple.

Burnt Finance was incubated by Injective Protocol and will be an Injective ecosystem project.

After carrying out our NFT auction for the Banksy piece, we quickly came to realize that there was much more to be done in order to take NFTs and decentralized finance as a whole mainstream.

The status quo in the auction space today consists of either centralized or semi-centralized platforms.

These centralized structures are directly antithetical to the ethos of crypto and decentralized finance as a whole. In addition, the centralized nature of platforms today prohibits everyday people from being able to participate in new forms of finance while also forcing participants to divulge personal information.

The situation is further exacerbated when we analyze the current marketplaces for NFTs and synthetics alike. Popular NFT marketplaces today are rampant with issues such as exorbitant gas fees and bid manipulation. These problems largely stem from the slow speeds and high transaction fees at the protocol level.

We are building Burnt Finance in order to introduce a new paradigm within the auction space in which we retain high levels of decentralization while also offering lightning-fast speeds and negligible transaction fees. All of this is done while the technical barriers to entry are abstracted away via a highly intuitive front-end user interface.

Burnt Finance offers all users unrestricted access to host a variety of auctions ranging from English to Dutch. Additionally, users will be able to mint a diverse set of synthetic assets as well as NFTs.

A few major highlights of Burnt Finance include but are not limited to the following:

Burnt Finance provides an intuitive interface for minting new assets. These assets can be synthetics, NFTs, and even new digital assets.

A diverse array of synthetic assets can be minted on Burnt Finance which are termed Burnt Assets (bAssets).‌

bAssets can include synthetic versions of real-world stocks, commodities, indices, etc. Given Solana’s exceptional transaction times and negligible fees, the minting of new bAssets is entirely seamless.

Burnt Finance offers the ability to mint a wide array of NFTs.‌‌

NFTs can be created from any media of the user’s choice (images, videos, GIFs, etc). The process is simple given Burnt Finance’s interface.‌ The creator can select the name of the NFT and dictate specific properties such as the item description. Lastly, the user can select the desired future royalty.‌

Users can mint new digital assets on the Solana blockchain through the Burnt Finance interface. Given the existence of Wormhole (the bridge connecting Solana to Ethereum), anyone can easily bring over their Ethereum-based assets to Solana.‌

Users can also fundraise for new projects through a variety of different auction types (described further in the Auctions section).

Both creators and buyers are provided with an unmatched marketplace for NFTs and synthetics.‌

Buyers are able to make purchases without the typical exorbitant gas fees prevalent on other NFT marketplaces. Issues such as bid manipulation and front-running are also dramatically diminished given our unique Solana-based architecture.

Burnt Finance provides an auction platform that is available to everyone in an entirely decentralized setting. In addition, we are able to match our centralized counterparts in terms of both speed and security given our unique technical infrastructure.

We will look to support English auctions, lotteries, bonding curves, and dutch auctions. We will provide a deep dive into each auction type in future articles.

Moving forward we will introduce other essential themes of Burnt Finance.

Our plan is to debut the platform later this year so that everyone is able to take part in entirely decentralized auctions. Also, since everyone is wondering by now, our protocol will be governed using a native token. We will be conducting a token launch in the coming weeks and provide an opportunity for our community to participate.

You can stay tuned by following us through the following channels:

Discord (chat directly with the team): https://discord.gg/burntfinance

Twitter (follow for the latest updates): https://twitter.com/BurntFinance

Telegram Announcements: https://t.me/burntfinance

Documentation: https://docs.burnt.com

About Burnt Finance

Burnt Finance is the first fully decentralized auction protocol on Solana. Burnt allows users to take auctions into their own hands, enabling the minting and trading of any asset in an entirely permissionless ecosystem. The platform can support auctions for synthetics, NFTs, digital assets, and much more. Given its unique Solana-based architecture, Burnt is able to achieve unparalleled transaction speeds with negligible fees.

Discord | Twitter | Telegram Announcements | Documentation