Algorand Rewards Program on Algofi
Algofi, Algorand’s first algorithmic money market and stablecoin, has partnered with the Algorand Foundation to distribute 2M ALGO in Q1 2022
You earn ALGO on AlgoFi when you borrow and lend ALGO, STBL, USDC, goBTC, and goETH.
Opera Browser and Polygon to bring Dapps to the browser
Opera’s widely used and trusted browser will connect users with Polygon Network’s rich array of Ethereum Web3 Dapps
For users to access their Polygon wallet via Opera, the wallet will rely on Android’s secure system lock to sign transactions, so users aren’t required to remember passwords or codes.
The release is due Q1 2022
Opera is headquartered in Oslo, Norway and listed on the NASDAQ stock exchange (OPRA).
Opera, the world’s first major mobile browser with web3 support and a built-in crypto wallet
Crypto Payments Trial on Whatsapp US
It uses the Novi wallet and support a stablecoin called Paxos Dollar
Facebook was in the market to create a stablecoin called Diem but they were faced by a lot of skepticism which set them back. This wallet, Novi, does not have Diem as a stablecoin but it does support another stablecoin. I think this is a great way for facebook to move into crypto without ruffling too many feathers.
The Novi Wallet does not allow users to
their private key but it is easy to use, most crypto natives will not opt for this way to manage their assets.
Crypto Native Integrations & Partnerships
Terra Stablecoin, UST, to be launched on NEAR and Aurora
The partnership between Terra, NearPad, and Rose will facilitate the growth of UST to new ecosystems on both NEAR and Aurora
Terra is a blockchain network based on the Cosmos SDK specifically focused on creation of decentralized stablecoins.
NearPad is a DEX AMM, launchpad, and incubator and it aims to be the flagship gateway for the DeFi ecosystem on Aurora.
NEAR is a high-performance blockchain that is designed to be super-fast, incredibly secure, and infinitely scalable.
Rose is a liquidity protocol on Aurora composed of a stablecoin & wrapped assets exchange, and a Collateralized Debt Position (CDP) based stablecoin platform for RUSD
Aurora is an EVM built on the NEAR Protocol
KYVE integrates with Aurora to stream and store transaction data to Arweave
developers from the Aurora ecosystem will have the opportunity to use KYVE as a storage and validation solution for their data streams.
KYVE bridges data from Aurora and snapshots the Aurora chain, both blocks and transactions, permanently and immutably on Arweave.
Second DEX launches on Vechain called ZumoSwap
Defining the Web3 Stack by Nader Dabit
How to become a smart contract developer