Bitcoin Guru

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...

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...