NFTs
Ronin levels up | No bank
Sponsor: Manto — Mass adoption of decentralized, token-governed technologies.
- 📉 NFT Cascade. After the top Blur farmer CBB0FE pulled your bidsTop NFT collections such as CryptoPunks, Bored Apes and Pudgy Penguins have faced considerable sell-offs, with the ‘Punks floor’ now at 26 ETH.
- ⏳️ Tokenize your time. fun timea new meeting trading and redemption platform through bond curves and NFTs, launched on Base.
- 📱 Phantom adds graphics. The popular Phantom multichain wallet has just been revealed support for in-app graphicspresenting historical prices and other important metrics for token analysis.
ANALYSIS
Ronin zkEVM: Understanding the Next Big L2 Game
Ronin, which started as an Ethereum sidechain, now has over 1 million daily active users (DAUs) and supports a growing gaming ecosystem beyond Axie Infinity.
However, as Ronin flourishes, so will its demands for block space. As a singular side chain, its capabilities can only go so far.
That’s why the network’s builders, Sky Mavis, just announced that they are working on Ronin zkEVM, a solution for games to launch their own Layer 2 (L2) chains on Ronin.
This is one of the biggest developments announced in crypto gaming this year, so let’s break down all the basics! 👇
Mass adoption of token-governed technologies. With Mantle Network – an Ethereum rollup, Mantle Treasury and a token holder-governed roadmap for products and initiatives.
I have been using Maker Vaults to lend stablecoins against my ETH for almost 5 years. I love this feature, but what if it was even more flexible?
This is the question that Open Dollar answers with Non-Fungible Safeswhich are $OD stablecoin lending positions represented as tradable NFTs on Arbitrum.
This approach makes these positions liquid and transferable, allowing users to manage their debt directly from their wallets without being tied to the front-end of a protocol.
This model also offers instant liquidity, as NFVs can be traded on NFT marketplaces and users earn 1% on future sales of their tokenized assets.
That said, Open Dollar NFVs enable new use cases such as selling debt positions without incurring liquidation penalties and cross-chain compatibility. If you’re interested in new experiments at the crossroads of DeFi and NFTs, this is definitely one you should check out!