June 11, 2021 – Singapore, Singapore

HaloDAO, a comprehensive decentralized finance protocol designed to create asset agnostic global money fund networks, will hold its anticipated initial DEX offering (IDO) on June 24, 2021, launching on SushiSwap’s recently deployed MISO launchpad at 12 PM UTC.

The whitelisting process is currently open with 1,000 slots available on a first-come, first-served basis. In order to be able to claim HaloDAO’s RNBW tokens, participants must pass through KYC verification. The whitelist will close on June 16, 2021 at 12 AM UTC. Details of the IDO, including sums to be raised, will be announced three days before the IDO itself.

The RNBW token, released as an ERC-20 on Ethereum, will be the HaloDAO protocol’s governance token. Its holders will be able to make important decisions about the platform, as well as accrue some of the value generated by its activity.

Christopher Verceles, co-founder of HaloDAO, said,

“We’re excited to be among the first projects launching on SushiSwap’s new MISO platform. It’s the perfect tool to bootstrap new communities, and the support from one of the most reputable community DAOs out there is an important signal for us.”

HaloDAO was founded by Jun Ming Yong and Christopher Verceles, formerly of ConsenSys. The project aims to create liquid DeFi markets for stablecoins beyond the US dollar. The company plans to focus initially on Asian currencies and rapidly provide support for other asset-backed stablecoins.

The project aims to create an all-in-one DeFi ecosystem for swapping, borrowing, lending and yield generation. By integrating stablecoins of currencies like the Hong Kong dollar, Singapore dollar and Indonesian rupiah, HaloDAO will become among the only markets across both DeFi and CeFi to incentivize liquidity for non-USD currencies. This will ease access to crypto for potential users in Asia and worldwide, fostering adoption.

About HaloDAO

HaloDAO aims to build inclusive Web 3.0 infrastructure to bridge traditional and permissionless finance. We do this by building a stablecoin optimized automated market maker (AMM), to facilitate an efficient, on-demand currency exchange and a stablecoin-specific lending market that provides high-interest yields on local currencies.

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Jun Ming Yong, co-founder of HaloDAO

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June 11, 2021 – Tel Aviv, Israel

Orbs has become an official sponsor of Chainlink Reference Data Networks, supporting the oracle price feeds.

The sponsorship means that Orbs is helping secure and decentralize Chainlink oracles, while at the same time enabling smaller projects to use Chainlink free of charge. The oracle network currently relies on sponsors to incentivize the data providers and pay for their services, which means that sponsors are vital to the success of the Chainlink network.

Orbs is sponsoring Chainlink’s USD pairs, and the ETH/USD pair, specifically. It joins a list of leading DeFi protocols and infrastructure providers who benefit from the success and resilience of Chainlink’s tamper-proof oracle network. Chainlink is currently the market standard for decentralized Sybil-resistant and manipulation-resistant oracles. The Chainlink price feeds are vital for a number of DeFi projects, which require accurate price data that resists manipulation attempts on one or several trading venues.

Orbs recently began using Chainlink price feeds for its Liquidity Nexus protocol, an innovative solution to reduce impermanent loss in AMMs by splitting the two sides of a traditional liquidity pool. This allows users who only want exposure in USD, primarily Orbs’ enterprise partners, to collect a portion of the fees in leading DEXs without necessarily acquiring exposure to cryptocurrencies. In contrast, crypto enthusiasts can collect the same fees while maintaining single-sided exposure and reduce impermanent loss compared to a 50/50 portfolio split.

Tal Kol, co-founder of Orbs, said,

“True to the community spirit, Chainlink’s price feeds are maintained on a voluntary basis. We think it’s important to give back to the community from something you strongly benefit from, which is why we decided to sponsor the Chainlink reference data networks after a successful integration. We hope this will help further support and grow the network, and enable more projects to build resilient products with this data.”

Orbs is an enterprise focused project that has been particularly active in the DeFi space, seeking to bridge enterprise with the revolutionary financial ecosystem with Liquidity Nexus. Orbs is heavily involved in funding and supporting upstart DeFi projects, both through an in-house grants program and the DeFi.org accelerator, launched in 2021 as the result of a collaboration with Binance.

About Orbs

Orbs is a public blockchain infrastructure designed for mass usage applications – offering developers a proper mix of performance, cost, security and ease-of-use. The Orbs protocol is decentralized and executed by a public network of permissionless validators using proof-of-stake (PoS) consensus. Founded in 2017, Orbs is being developed by a dedicated team of more than 30 people out of its offices in Tel Aviv, Israel; Singapore; Tokyo, Japan; and Seoul, South Korea. Orbs was named Gartner’s ‘cool vendor in blockchain technology’ for 2018.

Orbs has been particularly active in the DeFi space and is heavily involved in funding and supporting upstart DeFi projects, both through an in-house grants program and the DeFi.org accelerator, launched in 2021 as the result of a collaboration with Binance. Its latest push into the DeFi space has been the launch of the Liquidity Nexus.

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About Chainlink

Chainlink is the most widely used and secure way to power universally connected smart contracts. With Chainlink, developers can connect any blockchain with high-quality data sources from other blockchains, as well as real-world data. Managed by a global, decentralized community of hundreds of thousands of people, Chainlink is introducing a fairer model for contracts. Its network currently secures billions of dollars in value for smart contracts across the decentralized finance (DeFi) space, and insurance and gaming ecosystems, among others.

Chainlink is trusted by hundreds of organizations to deliver definitive truth via secure, reliable data feeds. To learn more, visit us here and subscribe to the Chainlink newsletter.

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Ran Hammer

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.

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June 10, 2021 – George Town, Cayman Islands

Bull Perks is happy to announce it will become the first platform and launchpad to support the most popular public blockchains by the end of June 2021. As a decentralized VC investment platform and token launchpad service, cross-compatibility across different blockchains is essential. As a result, Bull Perks will provide access to Binance Smart Chain, Solana, Cardano, Polygon, Tezos, Polkadot, Kusama, TRON and many other ecosystems.

This move will prove beneficial for projects on any of these blockchains looking to raise funds through the Bull Perks decentralized venture capital solution.

Projects on the supported blockchains can send Bull Perks their own native tokens and have them distributed to the buyers. This approach removes the need for wrapped tokens or conversions from one asset to the next. In addition, streamlining the fundraising and token distribution approach will ensure more projects have a fair chance at raising the necessary capital.

Eran Elhanani, co-founder of Bull Perks, said,

“We aim to get our token holders the best projects to participate in either early stages, through our decentralized VC, or later in public round, through our launchpad. In doing so, we will look into projects on any chain and judge them based on their potential and not just the chain they are. This approach gives us an advantage and a much wider selection to choose from, and will allow us to be even more picky and find the best projects out there no matter what chain.”

In the current landscape, the vast majority of token launchpad providers offer support for one or two blockchains at most. This limited appeal creates numerous drawbacks, especially with the demand for cross-chain support sounding louder than ever before. Supporting multiple blockchains and continually expanding the list will bring a lot of positive attention to Bull Perks and how its team approaches the broader industry.

About Bull Perks

Bull Perks is the fairest and most community-dedicated decentralized VC and multi-chain launchpad – two projects under one roof, using the same token and revolutionary tier system.

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Eran Elhanani, co-founder of Bull Perks

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.

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