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PsyOptions Announce IEO on FTX

The Solana-based options protocol is listing its native token, PSY, on the FTX exchange for qualified users. ‍ FTT Tokens & Level 2 KYC a Prerequisite The American style options protocol, PsyOptions, has announced the initial exchange offering (IEO) of the PSY token on the FTX exchange. The announcement was made by FTX via a[Read more…]

Port Finance Introduces PortDAO

Tribeca DAO continues to showcase its utility in the ecosystem with the addition of PortDAO ‍ Another DAO on Solana Port Finance has introduced its decentralized autonomous organization (DAO) called PortDAO. The DAO that was launched on January 6 enables users to stake PORT tokens and participate in the DAO by creating a proposal or voting on[Read more…]

Tiny Colony Releases Land Sale Details

Holders of the virtual real estate will be given “voting and decision making rights” that will directly influence the direction of the project and other bonus perks. ‍ More than Just Digital Real Estate The team behind the PlayToEarn project on Solana, Tiny Colony, released more details about their upcoming Colony Sale.  Players who are[Read more…]

See How Phantasia Sports is Changing Fantasy Sports on Solana

The fantasy sports game is finding a whole new gear on the blockchain. Fantasy Sports Meets Solana Network The DeFi Direct YouTube channel hosted one of the core team members from Phantasia Sports, an up-and-coming Solana-based fantasy sports decentralized application. Greg, Goon Trades, our perennial DeFi Direct host spoke with Dan a key developer from Phantasia on January 7. The conversation[Read more…]

Identifying Key Solana Web3 Decentralized Finance Projects in 2022

This is the first of a three part series that will dive into the frontier of Web3 ecosystems on Solana. ‍ A Year of Growth on Solana The real question is what projects should we have an eye on moving forward. The year 2021 was an incredible year for crypto. Specifically for smart contract platforms[Read more…]

Max Fu of Nyan Heroes Details Game’s Big Vision

The co-founder of Nyan Heroes spelled out a vision for a quality game with a dual token model and strong community elements. Nyan Heroes Aims for Quality Max Fu from Nyan Heroes joined Greg, Goon Trades, on January 4 for an hour of great insight to explore the highly anticipated game. The DeFi Direct YouTube hosted the co-founder[Read more…]

Saber DAO Launches Its First-Ever Proposal

The stablecoin DEXs recently launched DAO has activated a proposal for which voting ends in a day. ‍ Saber Becomes More Decentralized The Saber DAO has sprung into action with its first-ever governance proposal soon after launching. The proposal was created on January 5, on Tribeca with the title, ‘Protocol Own Liquidity to generate yield[Read more…]

Solana NFT Pad Discusses the Utility of NFTs

In our Twitter Spaces AMA with the project, team member Gary revealed how the project differs from traditional NFT launchpads in terms of utility and function. ‍ Solana NFT Pad Joins Us On January 3rd, Gary from Solana NFT Pad joined us at Solana News for a Twitter Spaces AMA. Our host Tom and Gary[Read more…]

1,000 MonkeyBall NFTs Sold In 23 Seconds!

The football-themed metaverse game held the first sale for their MonkeyBall NFTs via Magic Eden on Jan. 4th. Highly Anticipated Drop of 5,000 NFTs Sees Issues The Solana community has crowded in to get their hands on the MonkeyBall Gen-Zero NFTs in the 1st public sale. The Solana-based game held the first launch of 1,000[Read more…]

Exotic Markets Picks Up $5 Million Through Private Token Sale

The DeFi protocol based on the Solana network conducted the private token sale led by Multicoin Capital and Ascensive Assets ahead of mainnet launch. ‍ Structured Products Begin Arriving on Solana Exotic Markets, an upcoming structured products protocol built on the Solana network, just closed a private funding round. It was revealed on January 5 that the[Read more…]