Velodrome, an AMM-based decentralized exchange, officially announced its second major deployment on the BOB (Build on Bitcoin) network, according to CoinDesk. The BOB team said Velodrome will become Superchain's main MetaDEX. As a liquidity and trading volume center, this integration of MetaDEX seamlessly unlocks BTC DeFi and drives innovation for all Bitcoin use cases through EVM contract deployment. In addition, the Vana team said that Reddit Data DAO has been launched on its network. Reddit Data DAO is a community-owned database that users can join using their Reddit accounts and gain governance rights based on the amount of data they contribute. Finally, Drife, a Web3 decentralized ride-hailing platform that uses blockchain technology to create a peer-to-peer network between drivers and passengers, is migrating to the Sui blockchain. Sui is an ideal blockchain platform for Drife because it offers low network fees, reduces transaction costs, and improves overall affordability for users.
