Kraken Supports Ethereum 2.0 Clients Team Alongside Five DeFi Projects With A...
Kraken and five other DeFi projects contribute $250,000 each to support the teams that work on the Ethereum upgrade. In addition, they donated the sum to the ETH Foundation to develop the network’s version 2.0. Open-source developer teams like Erigon, Besu, Nimbus, Geth, and Nethermind will join the ETH Foundation in the donation. 1/ A diverse execution-layer client ecosystem is at the heart of all that we’re building together. Today, we're excited to announce that @compoundgrants, @krakenfx, @LidoFinance, @synthetix_io, @graphprotocol & @Uniswap are donating $250K each to support....
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The Ethereum Foundation will pass the donations on to open-source developer teams including Besu, Erigon, Geth, Nimbus and Nethermind. A group of DeFi projects and U.S. crypto exchange Kraken have donated $250,000 each to the Ethereum Foundation to support client teams working on the Ethereum (ETH) 2.0 upgrade.On Aug. 24 the Ethereum Foundation announced that the donations were made by Kraken, Compound Grants, Lido, Synthetix, The Graph and Uniswap Grants. The funds will supplement the funding provided by the foundation earlier this year, to support Ethereum execution layer teams.....
Kraken is for the first time funding open-source Ethereum projects.
KSM token prices surge as Parachain auctions launch nears. U.S. cryptocurrency exchange Kraken has announced a “first-of-its-kind” Parachain Auction Platform enabling clients to participate directly from the exchange.In a blog post on June 8, Kraken revealed the new platform will enable users that qualify to pledge support for Kusama projects vying for a Parachain slot by staking Kusama’s KSM tokens. The rewards for contributors who support a winning bid vary and can include referral bonuses, early participation bonuses, and airdrops.Polkadot’s multi-chain ecosystem will use sharded....
Participants of the accelerator program will get funding, mentorship and market exposure through the platform DeFi.org. In a new development for the decentralized finance space, Ethereum scaling platform Polygon has partnered with layer-3 project Orbs to launch a program that supports DeFi builders through the DeFi accelerator platform DeFi.org. In an announcement, Polygon and DeFi.org noted that the program will provide funding opportunities, mentorship and market exposure to chosen projects. Building on Polygon is mandatory for participants in the DeFi.org accelerator round. On the other....
A new working group aims to create standards that will ensure secure Ethereum smart contracts are used by businesses and DeFi projects. Decentralized finance continues to make its impact on the crypto market, and with over $13 billion of total value of assets locked, DeFi projects are clearly resonating with eager crypto investors. Yet while the DeFi space has been progressing over the last year, a number of illegitimate projects have come to fruition, reminding some of the 2017 ICO boom and its subsequent bust.For example, Harvest Finance, a major decentralized protocol, was recently....