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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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Index Coop to include BadgerDAO in DPI DeFi index from August

The DPI token’s price has crashed more than 64% in six weeks.

BADGER, the governance token of Ethereum-powered Bitcoin yield protocol, BadgerDAO, will be included in Index Coop’s DeFiPulse Index (DPI) token from August.

Index Coop announced the news on June 26, noting BADGER’s inclusion would be pushed back by one month due to prioritizing other upgrades.

The DPI token is a market cap-weighted index spanning the 10-most popular Ethereum-based DeFi tokens listed on decentralized finance data aggregator, DeFiPulse. 

The DPI index token rebalances on the first day of every month, adjusting allocations according to supply and price data provided by CoinGecko. Tokens will not be allocated a weighting higher than 25% during rebalancing.

As of this writing, UNI has the largest allocation in the DPI Index with roughly 26.5%, followed by AAVE with 18.4%, MKR with 13.5%, and COMP with 9.3%.

SUSHI, YFI, and SNX each have allocations of between 7% and 8.6%, while LRC, REN, KNC, and BAL are weighted between 1.2% and 2.4%. CREAM, FARM, and MTA represent less than 1% of the index each.

The index excludes wrapped tokens, synthetic assets, tokenized derived, tokens that are tied to physical assets, and tokens that represent ownership claims to other tokens.

Related: Overexposed: DeFi indexes aren’t as diversified as you think

DPI has shed nearly two-thirds of its value over roughly six weeks, tanking from a May 12 all-time high of $656.49 to last change hands for $234.

Despite suffering a heavy drawdown amid the recent crypto market crash, DPI is still up more than 300% from its November 2020 low of $57.20.

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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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