This week in Dapps Ep.87
The ve-Token Model, lawsuit against YugaLabs, Clearpool’s uncollateralized stablecoin, Animoca’s interoperability DAO & more important updates 👀
Project launch of the week - Lobby 🎉
Lobby has been launched this week through our Buidl Launchpad. Buidl helps early projects + existing projects in the space with project launch, network & community building. You can read more about Buidl here ↗
Food for Thought 🧐
The ve-Token Model
DeFi tokenomics models are falling into problems of incentives, governance and long term benefits for token holders. Designing the right tokenomics for a project is crucial, while also being one of the most difficult things to do.
One tokenomics model that does stand out is the Vote-escrowed tokenomics (or veTokenomics), which was invented by Curve. A model where tokens are locked for a certain amount of time that incentivizes long-term participation and reduces the available supply in the market. In return users get veTokens, which are non-transferable and do not have any external markets whereby users can sell them.
Important links to learn more about ve-Token Model:
veTokenomics explained by Perpetual Protocol - https://perpprotocol.mirror.xyz/GzzvxvNFeTjH9au6cllJ_4ffshySn3M3iAmKe34sxdw
Watch presentation by Stake DAO here
Major Highlight 🤯
Yuga Labs ‘inappropriately induced’ BAYC investors. Read More
Solana set to open retail store and Web3 'Embassy' in New York. Read More
FTC files lawsuit against Meta over attempted monopolization of Metaverse. Read More
New launches 🚀
Clearpool launches uncollateralized stablecoin lending on Polygon. Read More
KuCoin CEO Johnny Lyu launches ‘Anti-FUD Fund’. Read More
Animoca Brands launches interoperability DAO. Read More
Aptos Labs raised $150M in Series A funding round. Read More
Unstoppable Domains raised $65M in Series A funding led by Pantera Capital. Read More
a16z is leading $50M round in VeeFriends. Read More
Condense raised $4.5M in seed round with plans to live stream real-world events into the metaverse. Read More
reNFT raised $5M investment round co-led by Mechanism Capital and gumi Cryptos Capital. Read More
Cardinal raised $4.4M in seed round. Read More
Root Protocol raised $9M. Read More
Audius governance attacked. $6M worth of their treasury dumped for just $1M. Read More
Nirvana Finance exploited for $3.49M, forcing the protocol’s $ANA token price to collapse over 85%. Read More
Celsius' customer emails have been exploited and leaked online. Read More
Babel Finance lost over $280M in proprietary trading with customer funds. Read More
28 principles for web3 founders. Learn More
What you should know about the Uniswap fee switch? Read More
A guide to Dune Analytics. Read here
Are validity proofs the ultimate solution for blockchain bridges? Read More
Everything about zkLend. Read More
What is an Oracle? Why are they essential in DeFi? Listen Now!
Kanav Kariya and Hendrik Hofstadt of Jump Crypto on Wormhole and ZK Rollup's. Listen Now!
Vote for your favourite projects to get listed on The Dapp List here
Knowledge management for Web3 by Wilson from Lobby. Listen to the conversation here.
Recommend a good project that you would like to see launched through Buidl Launchpad.
Connect with us
Twitter - https://twitter.com/thedapplist
Discord - https://discord.gg/thedapplist