TomoChain Weekly Recap (21/12 - 27/12)
2020 has certainly experienced its fair share of shifting events, so has TomoChain, with the new protocols and products to newly formed partnerships. Ring out the old with TomoChain’s last weekly roundup of 2020!
TomoChain
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The first phase of Ramp DeFi rStake with $TOMO is officially launched. RAMP’s staking program will potentially be a gold mine for traders with 160% - 200% earning of the normal staking APY when joining TOMO x RAMP cross-chain stake farming. Tutorials on how to delegate your TOMO into RAMP Smart Contract is also provided in details.
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A big move for blockchain’s exposure in general and Lition in particular as a new blockchain-based law enacted by the German Government came into force. This cited that all-electronic securities would be recorded using blockchain technology, with Lition being in the prime advising role.
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Tomo.Finance is a joint DeFi platform of BACOOR INC - a blockchain company developing TomoChain-based wallet Pantograph and Corefy Fintech Co., Ltd, sharing the goal of co-issuing a stable coin “TAI". By locking TOMO as collateral, users can borrow, sell or rent TAI stable coins. Tomo. Finance is scheduled to launch in Q1, 2021.
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TomoChain strikes up a strategic partnership with Autonio.Foundation to boost TomoDEX liquidity. Once TomoDEX has been integrated into NIOX Maker, traders on TomooDEX can run their own Market Making Bot with NIOX and earn passive income in tandem. This integration will lead to a dramatic rise in the liquidity on TomoDEX and all relayers across TomoX protocol.
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The world has been coping with unprecedented conditions in 2020 due to the coronavirus outbreak. TomoChain has been working extra hard towards this difficulty. How have we adapted to the pandemic and what are we preparing for 2021? All are dissected in Long Vuong’s, TomoChain’s CEO and Founder, interview with SuperCryptoNews.
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$TOMO is now available on VCCExchange - a centralized exchange featuring crypto-crypto and VND-crypto trading. TOMO/USDT pair is now ready for trading.
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The most festive season of the year is here with a string of enjoyable events. TomoChain Holiday Cheers Campaign just finished Christmas celebration with Phrase 1 - Puzzle Cheers. A basket of New Year’s gifts is still here for Phase 2 which will be kick-started in a couple of days, stay tuned!
LuaSwap
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A new platform summing up LUA’s weekly on-chain statistics and new updates was first launched last week. A detailed yet more visualized display to get you caught up with LuaSwap!
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FTX caught the spotlight in LuaSwap Farming Set Week 6 with the significant rise in trading volume, while SushiSwap and Kambria Network still conquered their favorite position. Join LuaSwap to generate more passive income.