🚨What happened in Crypto in the last 12h?🚨
• According to #ki_young_ju, Ethena's reserve fund can handle prolonged negative funding rates like in 2022's FTX/LUNA scenario, as long as its market cap stays below $3B (currently $2.4B). $ENA
• $FET $OCEAN $AGIX - The Artificial Superintelligence Alliance has confirmed the $ASI token merger. $ASI token expected to launch on May 24.
• $JUP - Jupiter has announced JupSOL, Solana's yield LST, featuring trustless delegation to Jupiter’s Validator with 0% fees and 100% MEV kickback.
• $HOPR - Gnosis's GIP-98 proposal has been launched. Governance suggests investing in HOPR to develop the GnosisVPN.
• $OGN $OGV - The proposal to Token merger OGV & OGN has been accepted by the Origin DeFi DAO. OGV migration will go live on mid-May.
• $OPEN - Qredo has been rebranded to the Open Custody protocol $OPEN.
• $RDNT - Radiant Capital's RFP-33 Governance is ongoing. Proposal seeks a 50% increase in RDNT's total supply to back new chain expansions and Radiant V3's launch. Currently, the vote is around 50% in favor, with voting ending in two days.
• $PORTAL - Portal has announced the launch of #Astra__Nova comig soon.
• $TIA - According to #JoshuaDeuk, An extra 130M $TIA was staked between Apr 8 to 9. It may suggests Staking<>Airdrop is soon.
• $VR - Victoria VR will launch Early Access to its VR metaverse Asugea on May 14.
• $XAI - XAI announced Xai Staking pool is live.