#WalletConnect

Venus Protocol Launches Groundbreaking BNB Burning Initiative

The Venus Protocol has announced its 'Venus Afterburn' program, committing to burn 9,900 BNB annually by allocating 25% of its protocol revenue. This deflationary approach seeks to increase token scarcity and elevate the long-term value for both BNB and XVS holders. The initiative has generated excitement within the Binance ecosystem and sparked discussions regarding its potential impact on tokenomics.

Gradient Secures $10 Million to Boost AI Innovations on Solana

Gradient, an AI infrastructure firm, has announced a substantial funding round of $10 million, focused on advancing AI protocol development within the Solana blockchain ecosystem. This funding underscores Solana's increasing significance in promoting AI-driven DeFi projects, igniting discussions around its scalability and the growing demand for decentralized AI solutions.