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Tag: LPs

FTV closes largest-ever fund on $2.3bn, with almost 100% reup from LPs

Growth equity investment firm FTV Capital has closed its largest-ever fund on $2.3bn, with almost 100% reup rate from LPs.

The post FTV closes largest-ever fund on $2.3bn, with almost 100% reup from LPs first appeared on AltAssets Private Equity News.

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Web 3.0 platform MetaSky raises $1.8 Mn in Pre-Seed round from Sequoia

Bengaluru based Web 3 platform MetaSky announced on Thursday that it has raised $1.8 Mn from Sequoia and Woodstuck Fund in a token sale round. The Bengaluru based startup was founded by Ankit Arora and Prakhar Sharma in 2021. The platform touts itself as a bridge to web 3.0. it essentially aims to create immersive [...]

The post Web 3.0 platform MetaSky raises $1.8 Mn in Pre-Seed round from Sequoia appeared first on Platform to Showcase Innovative Startups and Tech News.

Rhône Group registers big capital commitment total as its hunts down €3bn Fund VI goal

Rhône Group has hauled in capital from dozens of LPs as it continues towards its €3bn goal for its latest flagship private equity fund.

The post Rhône Group registers big capital commitment total as its hunts down €3bn Fund VI goal first appeared on AltAssets Private Equity News.

SundaeSwap: Decentralized Finance on Cardano

The time has finally come for the highly anticipated and long-awaited SundaeSwap DEX on the Cardano network. There is no question that DEXs such as Uniswap, SushiSwap and QuickSwap have changed the financial landscape and completely redesigned what was once thought impossible in a financial ecosystem. Decentralized Finance (DeFi) is growing at breakneck speeds and is enjoying rapid rates of global adoption as more […]

The post SundaeSwap: Decentralized Finance on Cardano appeared first on Coin Bureau.

Cryptonians Club Lists on Unicrypt Ahead of March 16th Presale

Cryptonians Club, a decentralized community DAO, are delighted to announce they have officially listed their project on Unicrypt for a presale scheduled for March 16, 2022. The project aims to build a strong community of Unicrypt devotees that supports the growth of UNCL and CYPT, the native tokens of the ecosystem.

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Participants in the fundraiser event will have an opportunity to buy and hold $CRYPT, the governance token of the Cryptonian Club DAO. They can then join the Uncryptonian Club to invest and earn passive income on the latest 1000x project running on UNICRYPT LAUNCHPAD.

Early bird investors in the decentralized investment fund will have access to 55% of the total 1 billion $CYPT supply during the upcoming fundraiser event. Members of the Club will enjoy multiple benefits, including automatic LPs and reflection static rewards. 

Crypto proponents can also HODL their $CYPT to join private groups or stake $CYPT to earn weekly free airdrops. 

The Cryptonian project's objective is to promote the Unicrypt ecosystem by galvanizing members to join Gold, Platinum, and Diamond clubs to support upcoming blockchain ventures. 

The decentralized community welcomes UNLC maximalists and Unicrypt devotees who will leverage their collective power to protect Unicrypt and multiply their portfolio up to 1000x.

Cryptonians play an essential role in helping more blockchain projects launch on Unicrypt by boosting the Launchpad's social presence across multiple platforms. They also invite potential investors to jump on the Unicrypt train via elaborate marketing campaigns on social media sites like Youtube and Tiktok. 

Users also empower Unicrypt projects to spread globally via AMAs, interviews, news articles, and more. The pioneering DAO on Unicrypt rewards active members for their efforts with auto reflection rewards, meme bounties, airdrops, and other benefits based on two levels of participation.

$CRYPT tokens holders with 5M+ UNCT can access a private Telegram group sharing lucrative IDO slots in which the BSC Army has a vested interest. These crypto market participants also enjoy access to exclusive IDO campaigns, meme bounty programs, winning trading strategies, and much more. 

Meanwhile, Cryptonians holding 10M+ $CYPT and UNCT get access to a private group that offers exclusive info on seed, and private round slots of ILO projects that the Cryptonians Club is investing in.

About the Cryptonian Project

The Cryptonians Club aims to spark a new revolution in blockchain technology by bringing together crypto proponents passionate about UNCX, UNCL, and Unicrypt. The project allows users to join an exclusive club to support the Unicrypt ecosystem and earn 10% rewards in UNCL. 

The platform boasts a robust Chinese community and is adding many other members from across the world. The $CYPT token developers have submitted their code for a comprehensive audit and KYC process by leading blockchain security provider Solidproof. 

The project backers also plan to renounce ownership of the contract after launch, creating a thriving DAO with unprecedented growth and security. To connect with the vibrant Cryptonian community of Unicrypt supporters and keep up with the latest developments, visit the social pages below:

TwitterMediumDiscordTelegram |

Media Contact:

Qiang 
info@unicryptonians.club


BSCPad And ADAPad Public Sale On March 14th.

Adalend

The post BSCPad And ADAPad Public Sale On March 14th. appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Cryptocurrencies and DeFi are experiencing a period of blistering growth: The total value locked (TVL) of tokens in DeFi protocols rose 357% to $255.39 billion among all blockchains.Over $2.5 trillion in cryptocurrencies was traded in January 2022 alone.Global crypto market cap is now over $2 trillion. Within the space, crypto lending has become the most …

PotionLabs Kicks Off Auction for ‘Potion Unlock’ – a Novel NFT Game to Open Source a DeFi Protocol

PotionLabs, the developers of the new risk management layer Potion Protocol, have announced the launch of the Potion Unlock NFT auction. Those who purchase NFTs in the auction will be able to participate in the Potion Unlock game, working with other community members to release the Potion Protocol into the public domain. With this one-of-a-kind strategy based on “aggressive decentralization”, Potion Labs seeks to avoid the dangers of a traditional project launch and to maximize community involvement. 

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The mechanics of the game are simple. The codebase of the entire project has been stored in IPFS and protected with a strong password. This password has then been split into segments of various lengths and will be distributed across 10,000 unique NFTs.

In order for the code to be finally decrypted and made public, participants will have to collaborate to bring enough of the pieces together. The game itself is totally open-ended: players will have to self-coordinate - without the input of Potion Labs - to find their own solution to the problem. 

Once the protocol's file is decrypted and released into the public domain, a community with ‘skin in the game' and web3 operational capabilities will have been formed. This community will then have power and stewardship over the future of the Potion Protocol as a public good.

How Can Players Participate in the Potion Unlock Game? 

The majority of Potion NFTs will be sold to the public via a Dutch-style auction starting 14th March (whitelisting already live) where high profile DeFi and NFT participants are expected to take part. 

To strengthen the participating community, two Potion NFT rarities (Kelly Knights and Wise Wizards), have already been distributed through a $12M private sale last January. These were bought by prominent DeFi players such as Polychain, Placeholder, Maven 11, Pantera, The LAO, MetaCartel, Parafi, Spartan, Robert Leshner, Fernando Martinelli, Synthetix founders, Crypto Plaza, Roble VC, CULTUR3, Lemniscap, Zee and beToken Capital, among others.

Finally, Potion's early community members (OGs or Original Gangsters), also received a generous allocation of Potion OG NFTs at no cost, in recognition for their early community support and inspiration. A significant number of OG NFTs have also been made available in the form of airdrops to 1,000 leading members of prominent DAOs, with the goal of building a high-quality community around the project. 

What is the Symbolism of the Potion NFT Design? 

Potion Unlock NFTs commemorate the release of the Lab's Kelly Machine and its key technical breakthrough: the synthesis of the Kelly Criterion into a bonding curve. To celebrate this, each NFT symbolically and artistically represents a different insurance contract. Various characteristic artifacts are used in each NFT to represent the specific parameters of an insurance contract. 

pastedGraphic.png

The collection of NFTs is made up of 10,000 unique pieces, which together embody one of the first artistic renderings of a financial product as well as providing a dictionary of Kelly Criterion bonding curves. Importantly, Potion NFTs are digital collectibles, not financial instruments: only the original NFT minters can participate in the Potion Unlock game. 

What are Potion NFT Rarities?

There are 6 NFT types or “rarities” in the game, each with a different “decryption power”, giving the various players different capabilities and powers. Each NFT rarity will also have a different “redundancy” level, so no single holder can block the resolution of the game. 

pastedGraphic_1.png

What is the Motivation Behind the Project?

PotionLabs is seeking to accomplish several goals with this launch model. The developers are deep believers in decentralization and designed Potion Unlock to transfer control of the Potion Protocol to the community. In this way, the approach delivers “aggressive decentralization' and avoids power becoming concentrated in the hands of the few, ensuring that it is instead spread across the community.

This form of protocol release is also meant to create a commercially viable way for PotionLabs to continue to finance its research work while operating within clear regulatory guidelines. PotionLabs also hopes this novel release model can be of use for other Web3 projects.

What do the Team Have to Say?

“We are excited about the opportunity to introduce a new class of services built from the ground up by the community for the community. We believe in a community-first approach to creating radically new technology aimed at helping users in DeFi manage the risk of their assets in a simple and reliable way,” said Guillem Mosquera, PotionLabs Co-founder, and CTO.

"We are deeply grateful to the community around the project who decided to support our vision and team. We are experimenting with new approaches to open source development for web3 and are lucky to have a visionary community willing to fuel and support our exploration. We are excited for them to continue playing a key role in the project's community," said Jordi Muñoz, PotionLabs Co-founder and CEO.

"Extremely sophisticated on the backend, surprisingly simple on the frontend, Potion ushers in a new era of risk management for DeFi liquidity providers (LPs) and consumers. By using the Kelly Criterion, Potion allows LPs to optimally price options according to their desired risk and yield parameters. Then, by aggregating all individual LP curves, Potion offers the best-priced options to the consumer. When people say DeFi 2.0, Potion sits at the top of that list", said Chris Burniske, Partner at Placeholder.

About Potion Labs

PotionLabs is a web3-native research and software development company that has developed a robust risk management layer for crypto assets, the Potion Protocol. It pioneers a new risk pricing model based on the Kelly Criterion, which results in long-term survival mathematical expectations for LPs, and deeper, more reliable liquidity markets for users. The release of the Protocol's code is launching shortly through the Potion NFT Unlock game. More on PotionLabs here: https://potion.fi & https://potion.auction 

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AdaLend: The World’s Leading Cardano-Based Lending Protocol

Tag Template - News Hub PROBSCPad and ADAPad Public Sale On March 14th. Cryptocurrencies and DeFi are experiencing a period of blistering growth: The total value locked (TVL) of tokens in DeFi protocols rose 357% to $255.39 billion among all blockchains. Over $2.5 trillion in cryptocurrencies was traded in January 2022 alone. Global crypto market cap is now over $2 […]

PotionLabs Kicks Off Auction for ‘Potion Unlock’ — a Novel NFT Game to Open Source a DeFi Protocol

PotionLabs, the developers of the new risk management layer Potion Protocol, have announced the launch of the Potion UnlockNFT auction. Those who purchase NFTs in the auction will be able to participate in the Potion Unlock game, working with other community members to release the Potion Protocol into the public domain. With this one-of-a-kind strategy based on “aggressive decentralization”, Potion Labs seeks to avoid the dangers of a traditional project launch and to maximize community involvement. 

The mechanics of the game are simple. The codebase of the entire project has been stored in IPFS and protected with a strong password. This password has then been split into segments of various lengths and will be distributed across 10,000 unique NFTs.

In order for the code to be finally decrypted and made public, participants will have to collaborate to bring enough of the pieces together. The game itself is totally open-ended: players will have to self-coordinate - without the input of Potion Labs - to find their own solution to the problem. 


Once the protocol's file is decrypted and released into the public domain, a community with ‘skin in the game' and web3 operational capabilities will have been formed. This community will then have power and stewardship over the future of the Potion Protocol as a public good.


How Can Players Participate in the Potion Unlock Game? 


The majority of Potion NFTs will be sold to the public via a Dutch-style Potion NFT auction, from March 14 until March 24 starting February 28th, where high profile DeFi and NFT participants are expected to take part. Whitelisting is already live.


To strengthen the participating community, two Potion NFT rarities (Kelly Knights and Wise Wizards), have already been distributed through a $12M private sale last January. These were bought by prominent DeFi players such as Polychain, Placeholder, Maven 11, Pantera, The LAO, MetaCartel, Parafi, Spartan, Robert Leshner, Fernando Martinelli, Synthetix founders, Crypto Plaza, Roble VC, CULTUR3, Lemniscap, Zee, and beToken Capital, among others.


Finally, Potion's early community members (OGs or Original Gangsters), also received a generous allocation of Potion OG NFTs at no cost, in recognition for their early community support and inspiration. A significant number of OG NFTs have also been made available in the form of airdrops to 1,000 leading members of prominent DAOs, with the goal of building a high-quality community around the project. 



What is the Symbolism of the Potion NFT Design? 


Potion Unlock NFTs commemorate the release of the Lab's Kelly Machine and its key technical breakthrough: the synthesis of the Kelly Criterion into a bonding curve. To celebrate this, each NFT symbolically and artistically represents a different insurance contract. Various characteristic artifacts are used in each NFT to represent the specific parameters of an insurance contract. 


The collection of NFTs is made up of 10,000 unique pieces, which together embody one of the first artistic renderings of a financial product as well as providing a dictionary of Kelly Criterion bonding curves. Importantly, Potion NFTs are digital collectibles, not financial instruments: only the original NFT minters can participate in the Potion Unlock game. 

What are Potion NFT Rarities?

There are 6 NFT types or “rarities” in the game, each with a different “decryption power”, giving the various players different capabilities and powers. Each NFT rarity will also have a different “redundancy” level, so no single holder can block the resolution of the game. 


What is The Motivation Behind the Project?

PotionLabs is seeking to accomplish several goals with this launch model. The developers are deep believers in decentralization and designed Potion Unlock to transfer control of the Potion Protocol to the community. In this way, the approach delivers “aggressive decentralization' and avoids power becoming concentrated in the hands of the few, ensuring that it is instead spread across the community.

This form of protocol release is also meant to create a commercially viable way for PotionLabs to continue to finance its research work while operating within clear regulatory guidelines. PotionLabs also hopes this novel release model can be of use for other Web3 projects.


What Does the Team Have to Say?


“We are excited about the opportunity to introduce a new class of services built from the ground up by the community for the community. We believe in a community-first approach to creating radically new technology aimed at helping users in DeFi manage the risk of their assets in a simple and reliable way,” said Guillem Mosquera, PotionLabs Co-founder, and CTO.


"We are deeply grateful to the community around the project who decided to support our vision and team. We are experimenting with new approaches to open source development for web3 and are lucky to have a visionary community willing to fuel and support our exploration. We are excited for them to continue playing a key role in the project's community," said Jordi Muñoz, PotionLabs Co-founder and CEO.


"Extremely sophisticated on the backend, surprisingly simple on the frontend, Potion ushers in a new era of risk management for DeFi liquidity providers (LPs) and consumers. By using the Kelly Criterion, Potion allows LPs to optimally price options according to their desired risk and yield parameters. Then, by aggregating all individual LP curves, Potion offers the best-priced options to the consumer. When people say DeFi 2.0, Potion sits at the top of that list", said Chris Burniske, Partner at Placeholder.


###


About Potion Labs


PotionLabs is a web3-native research and software development company that has developed a robust risk management layer for crypto assets, the Potion Protocol. It pioneers a new risk pricing model based on the Kelly Criterion, that results in long-term survival mathematical expectations for LPs and deeper, more reliable liquidity markets for users. The release of the Protocol's code is launching shortly through the Potion NFT Unlock game. More on Potion.Finance here: https://potion.fi & https://potion.auction



PotionLabs Contact

press@potion.fi

California DCC Engages in New Cannabis Rulemaking

The California Department of Cannabis Control (“DCC”) is undertaking new cannabis rulemaking pursuant to the Medicinal and Adult-Use Cannabis Regulation and Safety Act. Unlike other states, California hasn’t implemented sweeping changes to its cannabis regulations with immense impacts on the industry. Instead, it has adopted a series of emergency rules with substantive changes here and

The post California DCC Engages in New Cannabis Rulemaking appeared first on Harris Bricken Sliwoski LLP.

How Swapping and Staking on Curve Drives High User Engagement

In this primer, IntoTheBlock unpacks how Curve drives user engagement with staking and swapping.

Here’s how the token economies of the top 4 DEXs work

According to Footprint Analytics, as of February 25, there were 372 DEX protocols, totaling a TVL of $62.3 billion, above 30% of the total of DeFi.

The post Here’s how the token economies of the top 4 DEXs work appeared first on CryptoSlate.

Ferrum Network integrating Matter Labs’ zkSync into its ecosystem, staking, and aggregator products

Ferrum Network, a cross-blockchain service company & ecosystem, has now announced it will integrate the zkSync Ethereum layer-2 scaling solution into its suite of products. This synergy comes following Ferrum’s participation in the Series B round for Matter Labs, creator of zkSync.  zkSync is a user-centric zero-knowledge (ZK)-rollup platform for Ethereum and is live on […]

The post Ferrum Network integrating Matter Labs’ zkSync into its ecosystem, staking, and aggregator products appeared first on CryptoNinjas.

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