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Binance joins Neo Council, 2.1 million NEO used to secure two Top 21 positions

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Binance Staking has secured two positions on the Neo Council. At the time of press, Binance has voted with approximately 2.1 million NEO to secure its places in the Top 21. Binance is the world's largest custodial exchange with nearly US $9.07 billion in 24-hour volume, according to CoinCap.io. Binance Staking is a service that allows users to earn distributions offered on proof-of-stake or other networks that distribute rewards to participants. The platform provides two types of staking: flexible and locked. Flexible staking offers fewer rewards but allows users to move the underlying assets at any time. Locked staking requires users to deposit a token for a specific time frame but provides higher yields. For example, a minimum of 0.01 NEO locked for 15, 30, 60, or 120 days will earn increasing yields of 5.79%, 7.49%, 8.79%, and 13.56% (made in GAS distributions), respectively. In the announcement post, Neo Global Development said "Binance Staking's new membership in the ...

Lyrebird launching Neo N3 stablecoin protocol on Friday, April 29

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Lyrebird is launching its algorithmic stablecoin protocol on Neo N3. Lyrebird's dollar-pegged token, USDL, and the stabilization utility token, LRB, will be released through Flamingo's reverse liquidity pools and through upcoming "airdroplet" events. Airdroplet is a designated term to differentiate initial, smaller airdrops from general airdrops that will occur as the Lyrebird ecosystem matures. The FRP-FLM-LRB pool will launch between 9:00 and 10:00 a.m. (UTC) on Friday, April 29, 2022. The Lyrebird reverse pool will be seeded with 5 million LRB, which at an initial price of US $0.01 per LRB means it will have an equivalent worth of $50,000. The LRB will be paired against an equivalent $50,000 in FLM. Approximately 1.5 million LRB will be released through Flamingo's reverse liquidity pools each year. Reverse pools allow users to stake LRB or USDL along with another token into a pool and, in return, receive LRB or USDL tokens as a reward. Airdroplet Distribution T...

GrantShares DAO launching to support ecosystem growth and grassroots initiatives

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The GrantShares DAO is launching on Neo N3 to distribute funding to grassroots developers and ecosystem beneficial projects. The DAO will manage an initial treasury funded by the Neo Foundation. As the first DAO to launch on Neo N3, GrantShares is designed to provide financial support to smaller initiatives that do not currently fit the scope of Neo's existing grant programs. Voting members of the organization include COZ, AxLabs, Red4Sec, NGD Enterprise, NeoResearch, NEXT, Neo SPCC, Neo Foundation, Neo Global Development, and Neo News Today. Anyone is encouraged to submit a proposal for the members of the DAO to discuss and vote. The initial funding limit for GrantShares is $50,000 per proposal, and can be used to fund local events, dApps, developer tools, education initiatives, and more. Projects seeking larger amounts should apply for grants through one of Neo's Eco Support tracks. The DAO's smart contracts are developed and maintained by AxLabs and have already been dep...

Payvo is Coming - ARK.io

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Payvo is coming, and it is going to be our best wallet yet! Read on to find out everything that has changed since our last update, including the transition from a desktop app to a fully web-based application. There is a lot to cover, so let's get straight into it! #Payvo is Now 100% Web-Based When we set out to build a next-gen wallet, we had a few key goals in mind: Payvo needs to be the best white label out-of-the-box solution possible. Payvo needs to easily integrate with any ARK-based network. Payvo needs to be user and developer friendly while featuring the intuitive interfaces we have become known for. Payvo needs to be modern and future-proof. If you have spent any time with Web3, then you are probably familiar with the major shift towards web-based interfaces for both DeFi and wallet management. The truth is, desktop applications are outdated, so we need to make sure that we keep up with industry standards and trends. There are a lot of benefits with a move towards a web-ba...

Tezos Records Highest Number Of Contract Calls In January With Several Dapps Set To Launch

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A Smart Contract Call Record Contract calls are interactions with smart contracts in the form of transactions. This is an important metric to see growth in the adoption rate of mainnet smart contracts. Since July 2020, the amount of contract calls has increased to 1,209% of the July total. Every month we've seen a new record in the number of contract calls (except for November, which had a 10% drop). January saw a 22% increase compared to December. At 22% it sounds ok, but if put this growth into perspective, we see that that 22% is 2.2 times the total amount of contract calls in July last year. We're witnessing exponential growth. If we're looking at developer activity, we also continue to see growth in activity. In December, we saw an average of 700 daily new deployments on testnets. But in January, we see an average of 930 daily new deployments. February is set to bring a lot of new launches and milestones. Edo The latest protocol upgrade will go live on mainnet in the s...

Rentfuse launches on Neo N3 TestNet, Fusekind Bits NFT contest begins

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Rentfuse has launched on the Neo N3 TestNet with a demo release of Fusekind Bits NFTs, and is hosting a contest to test the protocol. The contest began at 9:00 p.m. (UTC) on Sunday, Feb. 27, and the goal is for users to complete a lend and borrow cycle using the Rentfuse protocol. Rentfuse is a protocol that enables NFT owners on Neo N3 to rent out their assets while maintaining ownership control. It allows borrowers to use an NFT for a predetermined period of time in exchange for GAS, without the owner relinquishing custody of the asset. To participate in the contest, users must connect their NeoLine, O3 Wallet, OneGate, or Neon Wallet to the Neo N3 TestNet, and then obtain TestNet GAS from the Neowish N3 NEO and GAS faucet. Users can then visit www.fusekind.com to mint one of three Bits NFTs: Hopper, Dreamer, or Keeper. When a participant either rents or lends a Bits NFT, they will receive one of three Bits in return. Users can choose to rent or lend NFTs for as long as they please,...

Reinstating Smartphone Access with Lisk Mobile v2.0.0

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On the 21st of August 2021, we migrated the Lisk Mainnet to v3 which introduced numerous improvements to Lisk, such as multisignature accounts, a new address system, a new DPoS consensus algorithm, and a dynamic fee system. In order to meet internal deadlines, we had to focus our development resources on delivering these new improvements. This resulted in moving all frontend development resources to Lisk Desktop, hence compromising the availability of Lisk Mobile on launch day. Today, we are proud to announce the release of Lisk Mobile v2.0.0 which reintroduces the core feature of Lisk on smartphones. Namely, the convenient sending and receiving of transactions. More advanced features like voting or multisignature accounts are solely available on Lisk Desktop to give our community the easiest and most user friendly experience on their mobile devices. The next release will be Lisk Mobile v3.0.0, and will provide access to the Lisk interoperability solution which marks the launch of the ...