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Monday, November 6, 2023

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ARB Staking Soon?

The Arbitrum DAO is currently voting on a proposal for ARB staking. If passed, this proposal will permit ARB token holders to lock their tokens for a yield.

Originally introduced by PlutusDAO in September, the proposal recommends that the DAO utilize Arbitrum treasury funds to finance the staking yield and distribute it to stakers over a 12-month period through a smart contract.

In today's news, Lido approves proposal to enable Obol decentralized staking module, OpenSea cuts its workforce & Yuga Labs and Magic Eden partner up to launch royalty-enforced marketplace.

Read on!

24h Hot Searches Worldwide 🔥

Arbitrum (+1.3%)
Celestia (-0.7%)
Dione (+0.7%)
Toncoin (+1.0%)
Litecoin (+2.1%)
Rollbit Coin (+6.6%)
Vulcan Forged (+31.3%)

Countries With Spot Bitcoin ETFs

Spot Bitcoin ETFs are incorporated in just 8 countries currently, with Canada accounting for 48.2% of assets globally.

This means that the US could become the 9th country for spot Bitcoin ETFs, if the SEC decides to approve applications.

Debank is a popular wallet and portfolio tracker, but has been busy expanding its features to include socialfi elements and is even launching its own Layer-2.

Find out how to be eligible for a potential airdrop in this video!

Find out now!

Pathway To Decentralization

The Liquid staking protocol, Lido Finance, recently voted to approve a proposal that involves integrating the Simple Distributed Validator Technology from the Obol Network.

This motion received overwhelming support with over 99% approval on November 3rd. As a condition, the Lido DAO cover fund will be used to cover module slashing penalties and other associated costs.

The Block

Restructure

NFT marketplace OpenSea is undergoing a significant shift in its direction and is consequently letting go of half of its employees.

OpenSea's co-founder and CEO, Devin Finzer, explained this shift as the reason for transitioning to a smaller team that has a more direct connection to its users.

CoinDesk

Royalty-Enforced Marketplace

Solana-based NFT marketplace Magic Eden has announced a partnership with Yuga Labs, to establish a new marketplace for Ethereum NFTs that will ensure the payment of creator royalties.

This marketplace is scheduled to be launched before the end of the year. According to Yuga Labs, this initiative represents the "first major ETH marketplace contractually obligated to honor creator royalties."

Decrypt

DEX aggregators play a crucial role in crypto by offering a unified platform for DeFi projects and traders to access liquidity pool data across decentralized exchanges.

In today's guide, we'll explore how to leverage GeckoTerminal's DEX data API to access on-chain data for tokens traded on DEXs, find the liquidity pool(s) of a coin or network and obtaining OHLCV candlestick data for DEXs, through RESTful JSON endpoints.

Learn more

Today's Top 10 Trending Pool On-Chain: