Author Archives: SOLANA NEWS

After Detailing Bull Calls Spreads, PsyOptions Explains a Protective Collar

The options protocol continues updating its users about the various options strategies available as its launch draws near. PsyOptions Unveils New Strategy  After explaining its complex strategy known as the Bull Calls Spread, PsyOptions has continued its trend of keeping users updated with new options strategies amidst its imminent launch. Our last article about PsyOptions[Read more…]

Orca’s Stablecoin Pools Are Providing Enormous APR

The mammal-inspired DEX leverages Solana’s unique offerings to deliver the best interest for users providing liquidity on its stablecoin pools. Killer APRs  Orca has been seeing tremendous returns for investors using the platform. The Decentralized Exchange (DEX) offers stablecoin pools with a higher Annual Percentage Rate (APR) than most protocols on Solana. According to the protocol’s Tweet on June[Read more…]

Solana Releases Ecosystem Review

Summer 2021 has been an exciting and active time for the Solana ecosystem ($SOL), as summarized with the release of their “Ecosystem Highlights Volume 7.” The SOL Train The Solana blockchain has undergone tremendous development over the last few months.  On June 17th, Solana released their Ecosystem Highlights detailing all the development to the Solana blockchain from[Read more…]

Helium NFT Track Raised 1486 SOL For Give India

Helium tapped from Solana’s Hackathon to support India’s population affected by the dreadful COVID pandemic. Introduction  Helum’s recent Zodiac-inspired Non-Fungible Token (NFT) sale raised a solid amount of capital for Give India relief efforts. On Wednesday, the 16th of June, 2021, Solana confirmed that Helium showed massive support for India’s population affected by the COVID19 pandemic. The censorship-resistant[Read more…]

SamoDEX Goes Live on Solana

The decentralized exchange will offer impressive historical data on tokens thanks to Solana’s powerful scalability. SamoDEX is Off the Leash The Solana blockchain’s community-owned token and ambassador, Samoyedcoin, has launched its Decentralized Exchange (DEX) protocol. The doggy-based memecoin built on Solana announced the latest development on Twitter on the 22nd of June, 2021. SamoDEX features historical data from any[Read more…]

PsyOptions Details Bull Call Strategy Spread

The options protocol updated its users about the different strategies available as its launch approaches. PsyOptions Makes a Bull Call Decentralized options protocol PsyOptions has dropped details about its Bull Call Spread Strategy. The strategy was termed as “complex” by the protocol. The strategies were detailed in a series of Tweets dropped by the options protocol on June[Read more…]

Sam Bankman-fried Suggests SonarWatch Should Add FTX Pay

The FTX founder teased a potential collaboration between FTX Pay and Sonar.watch. FTX to Sonarwatch? SonarWatch could be adding FTX Pay to their blooming platform. On June 20th, the FTX and Alameda Research founder and CEO Sam Bankman-Fried (also known as SBF) responded to a Tweet put out by the popular Solana project, SonarWatch. The SonarWatch protocol allows users on the Solana blockchain to track all[Read more…]

Cryptonomics: Liquidity Pools in Decentralized Finance

The financial freedom and control that decentralized finance offers users has led to a rapid growth of the DeFi sector. Liquidity pools and automated market makers (AMMs) are a major reason why DeFi has so much utility. ‍ Introduction It is easy to understand why decentralized finance (DeFi) is experiencing a great boom. The advantages[Read more…]

Cryptonomics: Network Effect Explained

The greater the number of users of a particular product, the more value it tends to attain. This is due to the “Network Effect” concept, which heavily affects the value of projects in cryptocurrency. ‍ Introduction Across the modern financial landscape,  the adoption of cryptocurrency is rising rapidly. With over 4000 cryptocurrencies available at this[Read more…]

Raydium AMM Introduces AcceleRaytor

Raydium has introduced the program AcceleRaytor, an IDO project for the Solana DEX. This is an effort to bootstrap the Solana ecosystem by assisting projects to boost their growth. ‍ The Project On April 9th, Raydium Automated Market Maker (AMM)  announced the launch of AcceleRaytor, an initial digital offering launchpad for the Solana ecosystem. The launchpad is[Read more…]