Category Archives: Solana Projects

Synthetify Vaults allows users to securely borrow synthetic assets, while opening trades in dual directions on a single synthetic asset. ‍ Synthetify Vaults Enables Secure Synthetics Borrowing Solana-based synthetics minting and exchange platform Synthetify has announced its latest update, releasing the Vaults feature on its mainnet to allow users to securely borrow synthetic assets based[Read more…]

The Solana-based team joined us for an AMA where they shared their backstory, features, and future plans. ‍ Rogue Pandas Shares Their Backstory On January 7th, Solana-based Non-Fungible Token (NFT) project Rogue Pandas joined us for an AMA. The project revealed that they are based out of Australia, and that the project was borne out[Read more…]

he community-led foundation has 18 investors that are participating in this fund for the development of the Serum ecosystem. ‍ Serum Ecosystem Gets a Huge Boost The Serum protocol’s Incentive Ecosystem Foundation is raising $100 million to fast-track the development of Serum’s ecosystem. The foundation announced on Jan. 7 that this funding round consisted of 18 institutional[Read more…]

Solana users will now be able to farm INJ tokens through the wINJ Covered Call vault on Katana. ‍ INJ Arrives to Solana The Injective Protocol has announced that its native token, INJ, is now available on the Solana blockchain. Injective announced that the protocol has joined into a treasury management partnership with Katana, a Solana-based yield[Read more…]

Friktion Changes Up Portfolio Management The two co-founders of the Friktion Labs will join the next edition of the DeFi Direct Livestream on YouTube. The stream will hit the channel on Tuesday, January 11th at 17:00 UTC. The co-founders Uddhav and Alex will be on hand to give all the Friktion insight and explain the trail-blazing Solana protocol.  With nearly $90[Read more…]

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…]

The Solana-based continuous cash stream protocol has been incubated to Visa’s prestigious program. ‍ Eminent List of Incubatees Zebec has become the first Solana-based protocol to become a part of Visa’s Fintech Fast Track Program. The announcement was made on January 5, as the continuous and programmable cash stream protocol on the Solana blockchain got inducted into[Read more…]

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…]

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…]

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…]