VulcanX Chain Sparks DTX Presale Rally to $2.5M; AAVE and LINK Holders Join for 1505% Rally

The post VulcanX Chain Sparks DTX Presale Rally to $2.5M; AAVE and LINK Holders Join for 1505% Rally appeared on BitcoinEthereumNews.com. DTX Exchange is making waves in the crypto world, raising over $2.5 million during its presale, driven by its innovative VulcanX protocol. With its Layer-1 blockchain, DTX is set to challenge major players like AAVE, and Chainlink (LINK). The platform offers robust security features, non-custodial storage, and access to over 100,000 financial products. In this article, we will discuss how DTX’s unique offerings position it for future success. Aave launches V3 deployment for stablecoin lending against wrapped eETH Aave has launched its second v3 deployment dedicated to providing markets for a single asset. On Sept. 9, Aave launched a v3 iteration focused on facilitating stablecoin lending against EtherFi’s Wrapped eETH (weETH), the largest Ethereum liquid restaking protocol. The protocol exclusively supports weETH as collateral and allows users to borrow Circle’s USD Coin, Paypal’s PYUSD, and Frax’s FRAX stablecoins against deposits up to a loan-to-value ratio of 78%. Aave said the deployment was inspired by rabid demand for weETH on its main v3 platform. “Currently, the demand to borrow against weETH collateral on Aave is so high that caps are filled within minutes each week,” Aave tweeted. “This new deployment will provide users with enhanced capabilities and improved liquidity options with an isolated market that will support EtherFi assets, specifically weETH.” Chainlink’s social dominance surge signals potential bullish momentum In a new post on X, the analytics firm Santiment has talked about how the Social Dominance has been looking like for Chainlink (LINK) recently. The “Social Dominance” here refers to an indicator based on the Social Volume metric. The Social Volume tells us about the total amount of discussion that a given topic or term receives on the major social media platforms. The indicator determines this by reviewing posts/threads/messages on these platforms and noting which mentions the term. This metric doesn’t…

Sep 11, 2024 - 09:00
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VulcanX Chain Sparks DTX Presale Rally to $2.5M; AAVE and LINK Holders Join for 1505% Rally

The post VulcanX Chain Sparks DTX Presale Rally to $2.5M; AAVE and LINK Holders Join for 1505% Rally appeared on BitcoinEthereumNews.com.

DTX Exchange is making waves in the crypto world, raising over $2.5 million during its presale, driven by its innovative VulcanX protocol. With its Layer-1 blockchain, DTX is set to challenge major players like AAVE, and Chainlink (LINK). The platform offers robust security features, non-custodial storage, and access to over 100,000 financial products. In this article, we will discuss how DTX’s unique offerings position it for future success. Aave launches V3 deployment for stablecoin lending against wrapped eETH Aave has launched its second v3 deployment dedicated to providing markets for a single asset. On Sept. 9, Aave launched a v3 iteration focused on facilitating stablecoin lending against EtherFi’s Wrapped eETH (weETH), the largest Ethereum liquid restaking protocol. The protocol exclusively supports weETH as collateral and allows users to borrow Circle’s USD Coin, Paypal’s PYUSD, and Frax’s FRAX stablecoins against deposits up to a loan-to-value ratio of 78%. Aave said the deployment was inspired by rabid demand for weETH on its main v3 platform. “Currently, the demand to borrow against weETH collateral on Aave is so high that caps are filled within minutes each week,” Aave tweeted. “This new deployment will provide users with enhanced capabilities and improved liquidity options with an isolated market that will support EtherFi assets, specifically weETH.” Chainlink’s social dominance surge signals potential bullish momentum In a new post on X, the analytics firm Santiment has talked about how the Social Dominance has been looking like for Chainlink (LINK) recently. The “Social Dominance” here refers to an indicator based on the Social Volume metric. The Social Volume tells us about the total amount of discussion that a given topic or term receives on the major social media platforms. The indicator determines this by reviewing posts/threads/messages on these platforms and noting which mentions the term. This metric doesn’t…

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