Kai Crayford’s Post

WEMIXFI HALTS LENDING AND BORROWING SERVICES OVER WEMIX$ STABLECOIN LIQUIDATION ISSUES - Wemix[dot]fi, a DeFi platform for the cryptocurrency WEMIX, has halted its lending and borrowing services. - This decision comes amidst issues related to the liquidation of WEMIX$, the platform's USD-pegged stablecoin. Key Points: - The move follows the recent sale of shares by former Wemade CEO Jang Hyun-kook, which caused Wemix (WEMIX) to hit a yearly low of $0.94. - Jang's actions, intended to reduce legal risks, have significantly affected Wemix's market value. On July 29, Wemix was trading at $1.01, down 28% from last month. - The token saw previous gains following the Wemix Foundation's announcement of a halving plan on June 25, reducing annual token issuance by half starting this month. - Wemade faces regulatory hurdles in South Korea, where P2E (play-to-earn) games are strictly controlled. Background: - Jang, dubbed the 'father of Wemix,' has been instrumental in integrating blockchain technology into games like 'Mir 4' and 'Night Crows.' - The value of Wemix has been falling since Jang's resignation in March, which he intended to reduce legal risks. His share sale adds to concerns about his future involvement. - Wemade's struggles include accusations of misrepresenting token circulation, a $41 million tax bill, and fraud charges. The company has contested these claims.

🚀 DeltaPrime Announces Successful Token Generation Event on Uniswap and Trader Joe 🎉 DeltaPrime, the decentralized borrowing and investing platform, has marked a significant milestone with the successful launch of its $PRIME and $sPRIME tokens on July 1, 2024. Operating on the Arbitrum and Avalanche networks, DeltaPrime's innovative approach focuses on trustless, undercollateralized borrowing, and community-driven governance. Key Highlights: $PRIME and $sPRIME Tokens Launched: Designed to enhance liquidity and governance within the DeltaPrime ecosystem. Impressive Q1 Revenue: Over $1.5M, reflecting strong market confidence. Community Seed Round Success: 58% oversubscribed, showing robust investor support. Major LTIPP Grant: 750,000 ARB, on par with industry giants like Lido and Aave. DeltaPrime continues to lead with a commitment to security, transparency, and empowering its community. Join the movement to unlock the full potential of DeFi with DeltaPrime! 🔗 Read more about DeltaPrime's latest achievements and the future of decentralized finance here: https://lnkd.in/dpw_eRXR. #DeltaPrime #DeFi #Crypto #Blockchain #TokenLaunch #Uniswap #TraderJoe #PRIME #sPRIME #Investing #Borrowing #CommunityGovernance #Innovation

🚀 Thrilled to announce our game-changing DeFi Lending Aggregator at Skyline Digital AG! We're transforming how crypto holders access real-world assets without sacrificing their bull market positions. Here's our groundbreaking solution: 🏦 Introducing Skyline DeFi Lending: - Aggregate liquidity from leading protocols like AAVE and Spark from MakerDAO - Non-custodial solution: your keys, your crypto - Seamless off-ramp to real-world purchases - Direct third-party payment handling 💎 Key Features: - Multiple lending protocols in one interface - Best-in-class lending rates - Swiss-regulated platform - Instant fiat conversion for purchases - Support for major cryptocurrencies 🏪 What You Can Buy: - Real Estate - Vehicles - Luxury Items - Business Investments - School Fees And more! 📈 Why Now: In a roaring bull market, we understand you want to keep your crypto exposure while accessing real-world utility. Our DeFi lending solution means no more choosing between holding crypto and making major purchases! 🛡️ Security First: - Non-custodial architecture - Swiss regulatory & privacy compliance - Smart contract audited - Multi-sig governance - Real-time risk monitoring 🌐 Already Integrated With: - Major DeFi lending protocols - 150+ country payment rails - Leading OTC desks - Global real estate partners - Premium car dealerships ✨ Let's Connect! Book a free 30-minute call to explore how our DeFi lending solution can work for you! 📅 Schedule here: https://lnkd.in/eh6E3uDU Questions? DM always open! 🤝 #DeFi #CryptoLending #RealWorldAssets #Web3 #FinTech #Blockchain #Crypto #Innovation #Finance #Banking

Welcome to BakerDAO: Your Gateway to Secure and Flexible DeFi Borrowing Today, we're diving deep into what makes BakerDAO not just another #DeFi platform but a revolution in decentralized finance. Whether you're new here or need a refresher, here's everything you need to know about our features and the benefits they bring to you. Let’s together take a closer look: 📍 Intuitive Borrowing System - The Oven At the core of BakerDAO is the "Oven" mechanism. Here, users can deposit their crypto tokens like CHR and borrow them in the form of BOLLARS (USB). This system is designed to be straightforward: deposit your tokens, set the amount, and start the baking process. It’s as simple as that! 📍 Over-collateralization for Enhanced Security Understanding the volatility of the crypto market, BakerDAO implements an over-collateralization model. This means your loans are always backed by more than their worth in crypto, significantly reducing the risk of liquidation and ensuring stability even during market downturns. 📍 Liquidation Protection with Innovative Features To further protect our users, BakerDAO incorporates a unique liquidation protection mechanism. If the market value of the collateral drops to near the liquidation point, the system can automatically purchase a 24-hour put option to safeguard your investments, giving you time to add more collateral or adjust your position. 📍 USB to USDT Conversion For ease of use and greater liquidity, USB can be converted directly to USDT through our temporary swap facility, and soon, via SLURPYSWAP DEX. This feature allows users to seamlessly move between stablecoins, enhancing usability and integration with the broader crypto ecosystem. Together, we are setting new standards in the DeFi space, ensuring our members are equipped to meet their financial goals securely and efficiently. Join us and stay tuned! 🏆

Kelexo (KLXO) aims to revolutionize DeFi with P2P lending, aligning with Litecoin (LTC) and Avalanche (AVAX) for a bullish 2024 outlook. #AVAX #LTC https://lnkd.in/gKEk5j4X

Cryptocurrencies and innovations related to them are experiencing immense growth. This trend is primarily driven by the widespread adoption of crypto in mainstream finance, which offers numerous benefits that transcend into the future. This article makes a comparative analysis between DeFi and CeFi platforms, explaining the differences between them. #cryptolending #cryptoloan

Toncoin (TON) is approaching a new high as the asset gains upside momentum alongside the crypto presale token RCO Finance (RCOF).  While TON and RCOF climb up the charts, Notcoin (NOT) experiences a steep decline, causing the asset to lose a substantial portion of its market value after its launch earlier this year. Let's find out what is driving these shifts. #Notcoin #RCOFinance #TON #Toncoin

Credbull a decentralised private credit platform, has launched the LiquidStone credit facility, which plans to roll out a $500 million fund on the Plume Network, the first modular #blockchain for RWAs that simplifies on-chain asset deployment while fostering a composable ecosystem through DeFi applications. This facility provides high, fixed yields to investors, initially offering a 10% annualised return over 30 days with a cap of $100 million in assets. By 2025, the fund aims to scale to $500 million and offer a 15% yield over 90 days. Credbull leverages RWAs, such as real estate and commodities, for collateral, blending #Tradfi with #DeFi. This focus on RWAs mitigates some of the volatility associated with #cryptoassets, making it attractive to both institutional and retail investors. The platform aims to capitalise on the growing interest in blockchain-based #privatecredit, which is currently valued at $9 billion #digitalassets #RWA #tokenization #capitalmarkets #investmentstrategy #liquidity #bonds #equity #investments #technology #innovation #fintech #wealthmanager https://lnkd.in/em8Hmbhi

Ethereum (ETH) and Cardano (ADA) whales are worried as they face key resistance levels ahead of 2024’s largest altcoin rally. These whales are shifting their focus to RCO Finance (RCOF) for its innovative AI-driven DeFi solutions and well-audited platform. The presale of RCO Finance has already raised over $8.7 million, and experts predict 100x gains before the end of 2024. Let's dig deeper. #ALtcoin #CARDANO #ETHEREUM #RCOFinance

🌟 Crypto Business and Trading in One Place! 🌟 Start your crypto business and trade on one platform with our Admin Flash Loan Arbitrage Bot! This bot lets you add many users, so you earn from their trades and your own. As the admin, you get fees from others' profits, giving you a steady income. 🚀💰 Why Choose Our Bot? 🔹 Maximize Earnings: Earn from both your trades and user fees. 🔹 Community Growth: Add multiple users, share tips, and boost performance. 🔹 Easy Management: No need to create your own bot – we’ve done it for you! What is a Flash Loan Arbitrage Bot? A tool that makes money by trading price differences across exchanges. It uses short-term loans to buy low and sell high quickly. Profits are made in seconds without needing your own money upfront. 📈 How It Works: Find Price Differences: The bot looks for price gaps on different exchanges. Take a Flash Loan: It borrows money from a DeFi platform. Trade Quickly: Buys low on one exchange, sells high on another. Repay Loan: Pays back the loan and fees, keeping the profit. 💸 Why Add Multiple Users? More users mean more transactions and more fees. Users can collaborate, share ideas, and improve the bot’s performance. Distributing risk among users lowers the impact of any one user’s losses. Monetize Your Bot: Profit Fees: Earn a percentage of users’ profits. Subscription Fees: Charge regular fees for access. Performance Fees: Take a portion based on performance. Customization Fees: Offer tailored settings for a fee. Training and Consulting: Provide paid training services. Referral Program: Rewards for bringing new users. Market Insights: Sell trading signals and insights. Unlimited Users: Our bot supports millions of users, free or premium. Premium users get extra benefits like access to more exchanges and advanced tools. Start Today! Build your own Admin Flash Loan Arbitrage Bot and join the world of crypto trading. Use our platform to reach your trading goals and control your financial future. 🌐 Don’t miss out on this chance! Start now and unlock profitable trading in the digital asset world. 💎 Get Free Demo… Website: https://lnkd.in/gsJ9CRXP Email: [email protected] Ph.No.: +91 87540 53377 #CryptoBusiness #CryptoTrading #FlashLoan #ArbitrageTrading #CryptoProfits #TradingBot #DeFi #Blockchain #CryptoCommunity #CryptoInvesting #PassiveIncome #CryptoGrowth #FinancialFreedom #CryptoInnovation #DigitalAssets #CryptoSolutions #TradingStrategies #CryptoMarket #CryptoTechnology #AutomatedTrading