Author Archives: SOLANA NEWS

Melt Labs Debuts NFT Public Lending Protocol

The project offers a solid blend of DeFi and NFT-related utilities, specifically entailing lending and liquidity. Melt Labs Hits the Big Leagues On June 20th, Solana-based utility project Melt Labs launched its decentralized non-custodial liquidity market protocol. The protocol gives Non-fungible Token (NFT) holders the ability to serve as lenders or borrowers; in other words,[Read more…]

Tiny Colony Faces a Jam-Packed July Amid MVP Release

Access will slowly be distributed to the Tiny Colony community, starting with the Tiny OGs. MVP Release Solana PlayAndEarn construction and resource management game, Tiny Colony, is in for a busy July as the team looks to release their MVP to the community over time. A multitude of contests will be held throughout July, as[Read more…]

PsyOptions Introduces PsyFinance V2

With PsyFinance V2, American-style options will be replaced with European-style options to improve capital efficiency and transparency. A Major Revamp PsyOptions released PsyFinance V2, bringing improvements to the protocol’s user interface that enhance capital efficiency and transparency. According to an exclusive from PsyOptions, the major change in PsyFinance V2 is the transition from American-style options[Read more…]

POV – An Insider’s Look at Genopets’ Much-Anticipated Private Beta

The Genopets Beta and the upcoming KI launch are two significant milestones toward the Summer game release.  The Genopets Beta Genopets is one of the most awaited games on Solana, a chain with many promising gaming projects for Web3. So at Web3Wire, we decided to try the beta and find out what’s up their sleeve.[Read more…]

New Gas Fees Arrive to Solana

Solana has introduced a new fee-priority model designed to help reduce the risk impact on the system and make the network more efficient. Solana’s Change in Gas Fees Solana co-founder Anatoly Yakovenko announced how Solana’s fee-priority method works in the upcoming Solana v1.10.25 network update. Unlike Ethereum, however, Yakovenko has stated this model will not[Read more…]

The Most Promising NFT Games are Coming to Solana

As Web3 games mature and VC funding increases, Solana positions itself as one of the blockchains with the most exciting gaming projects. Solana: GameFi’s Blockchain of Choice? Even though traditional games are still a mile ahead of their blockchain counterparts, VC funding, vibrant communities, and sheer dev talent could bring them closer in the coming[Read more…]

Tiny Colony Breaks Down Construction And Management Economy

The development team explains tokenomics, earning potential, and in-game features ahead of the Alpha on June 30. Metaverse Economy Design Tiny Colony, a PlayAndEarn blockchain game on Solana, released a document on May 26 explaining the ins and outs of their Tinyverse’s economy. The protocol will have a two-token economy with 100,000,000 $TINY governance and[Read more…]

Solana Was ‘The Chain’ That Ushered in Alternative L1 Wave: ByBit Report

Even though the narrative of an Ethereum killer has been in the cryptoverse for several years, the launch of Solana in 2020 gave its real traction. A Step Further With Solana Solana has been one of the most talked about blockchain networks since it launched in March 2020 and has recently emerged as the most[Read more…]

Star Atlas Gives Alpha Glimpse in Weekly Report

The protocol recently gave an overview of its roadmap and released a teaser video that showcased impressive graphics. AAA Game Unveils Amazing Graphics  Star Atlas provides a sneak peek at its Unreal Engine-run game as a part of its recent weekly report, setting the stage for its much-awaited alpha release. Recently, the next generation metaverse[Read more…]

Hedge Labs Launches on Mainnet

Hedge Lab’s stability pools and Orca whirlpools are now live, allowing users to earn $HDG and $ORCA. Mainnet Boasts Attractive APYs Hedge Labs’ mainnet beta is now live with a promise of an interest-free loan against your SOL.  Hedge Labs announced the launch of their mainnet via Twitter on May 20, informing users that they[Read more…]