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Inflation Hits Lowest since 2021, Oil Production Cut & Rarible NFT Chain

The Daily LEO #393

idiosyncratic

Nov 30

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Inflation hits lowest level since 2021, Fed's preferred gauge shows

The economy has been non-stop growing but, contrary to the expectations of recession and waves of bankruptcies, the inflation rate is going down. The most recent data of Core CPI shows the strength of the monetary policy and the positive impacts of positive real interest rates. The tightening cycle is likely to be finalized ...

Oil kingpin Saudi Arabia extends its production cut into first quarter as OPEC+ holds policy

The OPEC countries declared that Saudi Arabia will start a volunteer production trimming in Oil. It is planned to be around 1 million barrels per day. Even more, in case of necessity, the OPEC countries may continue volunteer production limits in the future. Brent Oil may show another leg of a bullish price action ...

Institutional Crypto Trading Platform Talos Taps Into Uniswap's Liquidity

Institutional investors are already a part of the crypto ecosystem. Though the ones that integrated their operations into crypto have been using the blockchain-based products of DeFi and Layer 2s, we have not reached a perfect mass-adoption. Now, Talos, a trading platform, is set to utilize the liquidity pools of Uniswap. ...

Rarible’s RARI Foundation taps Arbitrum for royalty-embedded EVM chain

DeFi, GameFi, SocialFi, and many other branches of blockchain are pretty valuable. However, none of them may find a place for themselves as early as NFTs did. As OpenSea, Blur and Rarible became popular, they started to broaden their perspectives. Rarible has initiated an EVM chain at the top of Arbitrum Layer 2 with a rewarding mechanism for testnet enthusiasts ...

Bored Apes Hit Roblox Thanks to Universal’s NFT Band Kingship

What is the cheapest way to own a Bored Ape? It might be having it on Roblox. The Kingship Island world in Roblox enabled Bored Ape characters that can be used to have free items. Even more, special Roblox badges and Floating Villa access can be earned in this Roblox universe! That's a solid step by Bored Apes to go viral again via Roblox ...

HBD Debt Auction

Hive-backed dollar is a unique stablecoin that plays a critical role in Hive ecosystem. As each HBD locks certain amount of HIVE to be issued, the mechanism, and the balance, can be seen as the backbone of the tokenomics of this precious stablecoin. However, as the APR rates are decided by witnesses and the long-term locking is not possible, what about Hive bonds that can be traded in open markets? ...

The Econonomic Value of Tokenization Most Miss

Tokenization of things might be the next Gold rush of human history. The creation and distribution of value might be conducted through tokenized assets that can be in forms of "shares" in the future. In addition to these benefits, tokenization makes things accessible for everyone when the tokenized asset is divided into smaller units. Learn more about Value of Tokenization ...

LeoFinance is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

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