🇺🇦 UkraineDAO Raises $7M and Builds Global Network of Supporters, Says Co-Founder Alona
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By Samuel Haig
NEWS UkraineDAO, a decentralized collective raising funds to address the humanitarian crisis unfolding in eastern Europe, has collected more than $7M in five days. The funds will be used to support non-profits and Ukrainians struggling to endure the Russian invasion, which is now entering its second week.
ALONA “The most valuable thing, to me, about this DAO, is that I was able to connect with other people who were on the ground, or that could provide some help,” Alona, a UkraineDAO co-founder and Ukrainian living in the UK, told The Defiant in an exclusive interview. “To me, UkraineDAO is about providing Ukraine with the help that it needs, and providing those connections that unite people who are willing to help or that need help.”
NETWORK Alona has been instrumental in building a network of supporters in the crypto community for her embattled fellow Ukrainians. She took part in discussions last week with PleasrDAO, theinfluential collective of DeFi leaders. And Illia Polosukhin, co-founder of Near Protocol, connected her with Ethereum co-founder Vitalik Buterin. She says that Buterin called her within minutes to express his support.
By Owen Fernau
IMAGERY For all the mojo in NFTs, there’s still a lot of experimentation under way. And sometimes buyers aren’t sure what to make of a new crop of imagery, or new minting systems.
PRICE FLOORS Space Doodles, the just-released collection from the team behind the Doodles NFTs, is case in point. Launched on Feb. 28, Space Doodles spurred excitement for its playful characters zipping through psychedelic space in various crafts. But some are selling well below price floors.
MINT The holders of desirable NFTs often get the opportunity to mint others from an associated collection. For example, Cryptoadz NFTs have derivative projects like Cryptoflyz, Mistletoadz, and Croakz, all of which are worth less than 10% of the original.
ORIGIN Space Doodles are similar to these derivative projects in that the NFTswere released with one-to-one availability to their origin project, Doodles. But unlike Cryptoflyz, Spaces Doodles can’t be sold without losing the original NFT. While a separate token, they’re more like a togglable mode of the original.
Proof of Stake
By Samuel Haig
CONNECTED Osmosis, the first decentralized exchange servicing blockchains connected by Cosmos’s Inter-Blockchain Communication protocol, has launched a new staking service.
ASSETS On March 1, Osmosis (OSMO), launched “superfluid staking,” which will allow liquidity providers to stake LP tokens representing their assets while continuing to earn a share of trading fees.
STAKING The new service will allow LPs providing ATOM/OSMO to also designate their LP tokens to an Osmosis validator and earn staking rewards in addition to a share of trading fees from the liquidity provided. The Osmosis team describes superfluid staking as pioneering “reverse liquid staking” by allowing Proof of Stake tokens that are used in DeFi to also be mobilized for validating transactions and securing networks.
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After Russia invaded Ukraine, Andriy Velikiy would look out his window at night and count the lights in the windows of nearby buildings. Around 90% of them stayed black.
During my research for The Cryptopians, I found information that I believe identifies the perpetrator behind The DAO hack on Ethereum.
🔗 Experts reject concerns Russia will use crypto to bypass sanctions: 'Totally unfounded': CoinTelegraph
Blockchain Association's Jake Chervinsky believes politicians should not be worried that Russia may use crypto to get around economic sanctions because it is not feasible at the scale required.
Cosmos Hub @cosmoshubDrop it in your cal 💧📆🔥 https://t.co/9gIVXX4sZI
freak @irfreakSuper impromptu music video contest! Inspired by @Axie44 Make a music video of an *original* song that you wrote (it can be a group effort). The song must be about the upcoming Axie Origin release 1st place - 350 AXS 2nd place - 200 AXS 3rd place - 100 AXS Details below.
Handpicked by The Defiant Team
Russia’s Invasion Triggers 6% Premium on BTC-Ukrainian Hryvnia Trade Wildly divergent spreads used to be a staple in Bitcoin trading, with savvy traders raking in profits by playing the arbitrage between the pricing on different exchanges, especially in Asia.
Metaverse Land Sales Hold Steady in Defiance of the Crypto Selloff It’s a stark reality. The cryptocurrency market has lost 40% of its value since peaking in November, and even web3 supporters have accepted that a bear market has arrived with no end in sight.
Polkadot and Tron Founders Beseech Ukraine to Accept Their Native Tokens as Donations It’s getting to be a status thing. This weekend, the official Twitter account of the government of Ukraine tweeted out a bitcoin address and one Ethereum, too, and asked for donations to support the nation’s defense against Russia.
🧑💻 ✍️ Stories in The Defiant are written by Brady Dale, Owen Fernau, Samuel Haig, DeFiDad, and yyctrader, and edited by Edward Robinson, yyctrader, and Camila Russo. Videos are produced by Robin Schmidt, Alp Gasimov and Daniel Flynn. Podcast is led by Camila, edited by Alp.
The Defiant is a daily newsletter focusing on decentralized finance, a new financial system that’s being built on top of open blockchains. The space is evolving at breakneck speed and revolutionizing tech and money. Sign up to learn more and keep up on the latest, most interesting developments. Subscribers get full access, while free signups get only part of the content. Click here to pay with DAI (for $100/yr) or sub with fiat by clicking on the button above ($15/mo, $150/yr)