Nfts
Ronin takes it to the next level | Without a bank
Sponsor: Coat — Mass adoption of decentralized and token-governed technologies.
- 📉 NFT Waterfall. After top Blur farmer CBB0FE withdrew their offersmajor NFT collections like CryptoPunks, Bored Apes and Pudgy Penguins faced considerable sales, with the “Punks floor” now at 26 ETH.
- ⏳️ Tokenize your time. Fun.timea new platform for trading and redemption of appointments via bonding curves and NFTs, launched on Base.
- 📱 Phantom adds graphics. Popular Phantom multi-chain wallet just revealed support for in-app graphicsfeaturing historical prices and other key 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 (DAU) and supports a growing ecosystem of games beyond Axie Infinity.
Yet as Ronin flourishes, its block space requirements will also increase. As a single sidechain, its capabilities can only go so far.
That’s why the network’s builders, Sky Mavis, have just announced that they are working on Ronin zkEVM, a solution allowing 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 token holder governed roadmap for products and initiatives.
I’ve been using Maker Vaults to borrow stablecoins against my ETH for almost 5 years now. I love this feature, but what if it was even more flexible?
This is the question that Dollar open answers with Non-fungible chestswhich are $OD stablecoin borrowing positions represented as tradable NFTs on Arbitrum.
This approach makes these positions liquid and transferable, allowing users to manage their debt directly from their wallet without being tied to the front end of a protocol.
This model also provides 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’s NFVs enable new use cases, such as selling debt positions without incurring liquidation penalties and without cross-chain compatibility. If you are a fan of new experiences at the crossroads of DeFi and NFTs, this is definitely an experience to discover!