The ICON Foundation announced plans to launch an interoperability incentive program for 200 million ICX, or approximately $200 million at the time of publication. The foundation supports the development of the ICON network, South Korea’s largest public aggregator chain. The foundation said that it hopes this program will incentivize the ICON community and its partner networks … [Read more...] about ICON commits $200M to interoperability incentive fund
Incentive
Solana DeFi Major Serum’s ‘Incentive Ecosystem Foundation’ Is Raising $100M
The team behind one of Solana’s largest projects is midway through a $100 million raise to expand operations. According to a press release provided to CoinDesk, the Incentive Ecosystem Foundation, the legal entity staffing the team behind the orderbook-based decentralized exchange, is raising the funds to hire and move into new product verticals, including “NFTs, gaming, … [Read more...] about Solana DeFi Major Serum’s ‘Incentive Ecosystem Foundation’ Is Raising $100M
Coincidence or Insider Trading? Price Pops Before Incentive Announcements Raise Questions
“These organizations try to keep price-affecting news confidential before release, but as with all organizations, it’s possible that insiders do trade confidential information or it’s leaked to other people that do,” Andrew Kang, co-founder of crypto investment firm Mechanism Capital, told CoinDesk. Source link … [Read more...] about Coincidence or Insider Trading? Price Pops Before Incentive Announcements Raise Questions
Elrond Leapfrogs Into DeFi’s Top 10 as Users Chase Ridiculously Large Incentive Program
Mincu said that Elrond currently has functioning cross-chain bridges to Ethereum, Binance Smart Chain, Polygon, Avalanche, Fantom and Tron, and that more DeFi verticals will be coming to Elrond in the coming months, including lending and synthetic assets. Source link … [Read more...] about Elrond Leapfrogs Into DeFi’s Top 10 as Users Chase Ridiculously Large Incentive Program
Fantom price gains 100% after launching a 370M FTM incentive program
The Ethereum (ETH) network continues to enjoy the status of being the top smart contract platform in the blockchain industry, but the competition is slowly gaining market share because high costs and network congestion are still challenges for the protocol. One project that has been gaining traction in the month of August is Fantom (FTM), a layer-one smart contract platform … [Read more...] about Fantom price gains 100% after launching a 370M FTM incentive program