Blockchain
Introducing RaDao, the New Member of OHM Family
Singapore, Singapore–(Newsfile Corp. – November 29, 2021) – RaDao, the new member of OHM family. Everyone knows the famous OlympusDao, Algorithmic Currency Protocol. RaDao is born to carry its successor’s mission.
About RaDao
Majority of experienced crypto holders know the Olympus ($OHM) big bang surge. RaDAO is a fork of OlympusDAO. When the great $OHM has successfully helped its users and become more stable, the opportunities for new users are significantly low.
RaDao knows how the market works, therefore the company is here to help new users have a second chance for success when they missed the OHM hierarchy.
The decentralized reserve currency, RaDAO, is building a community-owned decentralized financial system to bring more stability and transparency for the world, and help everyone get an opportunity to be financially free.
Figure 2: Introducing RaDao, the new member of OHM family.
Bonding
- Bonds refer to the process of trading Liquidity Provider (LP) tokens for RA tokens at a discount (below market price). Bonding is the secondary value accrual strategy of RaDao; Bonding is an active, short-term strategy and bonding allows RaDao to accumulate its own liquidity.
RaDao bonds are vested for 5 days and are paid out per block height. For example, if users were to purchase a bond, after the first day they would have received 20% of the vested amount; then 40% after the second day, etc.
- There are 3 pool bonds of RA: The main one is: RA-BUSD, BUSD, USDT. An example when users buy an RA bond: They can buy 10 RA on Uniswap at $100 each, they can buy 13 AXE bonds for $100 total and receive the same amount after 5 days.
Overall, this is a compound profit for users as well as helping RaDao maintain its LP- Liquidity and being a balance and developing crypto just like the $OHM, maintaining its successor’s mission: “Heal the world financially.”
Why RaDao?
As for now, it’s just the beginning of RaDao, with the significant high APY% on return, RaDao’s future will soon become DeFi 3.0.
The benefit of staking is intriguing, with this current APY%, it’s the continuous growth. However, the community still play an important role in RaDao performance. The longer users hold their $RA, the better increase in price of $RA. That’s why RaDao is owned by the community.
Join RaDao’s official communities:
Website: radao.finance
Twitter: https://twitter.com/radao_bsc?s=21
Telegram:https://t.me/RaDao_BSC
Medium: https://medium.com/@RaDao
Media Contact:
RaDao
[email protected]
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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