Hive has been around since March 20, 2020. Let’s take a look how we are doing when it comes to burning HIVE.The initial option that was built-in for burning HIVE was the promote option. On the old chain there was a promote section tab, that was mainly not used by almost anyone. Now this tab is no longer on Hive.Blog so the initial idea for burning HIVE is not available now.

Jupiter has emerged as the shiny new start in the DeFi ecosystem on Solana. It’s not exactly a classical DEX as Uniswap, but it’s more as a DEX aggregator pulling liquidity from different apps and DEXs. It is integrating different aspects of DeFi and at the same time building some features of its own like individual pools etc.

How is Splinterlands doing these days? After a very bad bear market there seems to be a reversal in the trend or at least a break from the constant bleeding. The SPS price has hit a low of 0.006 but now is at 0.01, in anticipation of a new card set. Let’s take a look at the numbers!

The decentralized Hive fund plays a major role in the Hive ecosystem. It is the backbone for the development and funding of the platform. A tool that provides a self-funding mechanism for the chain! Since the creation of the Hive chain, its role has increased massively since there is no centralized entity that will keep developing. The community members are the ones making the development and the DHF is providing the funds.

From all the defi apps we have seen in the crypto market, Uniswap has kept its dominance and continued to develop and grow. It was the first defi app to bring in users thanks to its simplicity and incentives. Following the FTX collapse and the multiple other collapses centralized entities in 2022, its importance grew even more. In the last period Uniswap seems to be growing and spreading on other ETH L2 chains like Arbitrum, Base etc. It also facing a strong competition from other projects on Solana.

The Bitcoin ETFs were approved back in January 2024. This allowed more institutional investors to join the Bitcoin train. It was a long overdue decision by the SEC, and it took a court decision to basically force the SEC to approve Bitcoin ETFs. For those unaware Grayscale probably has the highest contribution for the approval of the Bitcoin ETFs. Grayscale started their Bitcoin trust way back in 2013. This trust was basically the only way for institutions to get some Bitcoin exposure. The way it worked is that the trust was sort of proxy for Bitcoin, but it was not directly convertible to Bitcoin. Because of this the Grayscale trust shares were often trading at different prices than Bitcoin. Grayscale grew over time and before the approval of the ETFs it had more than 600k Bitcoins or more than 3% of the Bitcoin supply. Grayscale wanted to convert the trust into ETF for a long time. The SEC was not allowing this, Grayscale sued the SEC and the court decided that the SEC needed to approve Grayscale application for ETF. The decision of the court was back in August 2023 and in January 2024 the SEC approved the Bitcoin ETFs.