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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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DeFi aggregator Zerion snags $8.2M in Series A

Executives representing investors Mosaic Ventures and Placeholder have joined Zerion’s board of directors as part of the deal.

Ethereum-based DeFi aggregator, Zerion, has raised $8.2 million in a Series A funding round.

The non-custodial aggregation platform facilitates access to more than 60 Ethereum-based protocols, such as Aave, Yearn.finance, and Curve. Zerion has processed more than $600 million worth of volume in 2021 so far with a median trade of $1,000.

The raise was led by Mosaic Ventures, and also featured participation from Placeholder, Digital Currency Group, and Blockchain.com Ventures, among others.

Mosaic co-founder and partner, Toby Coppel, and venture partner at Placeholder, Brad Burnham, have joined Zerion’s board of directors as part of the round.

The company has now raised $10.2 million in total, building on its $2 million seed round in December 2019.

Zerion hopes the war chest can help its user base grow from roughly 200,000 to above seven figures. The project plans to expand its team from 18 to 25 before 2022, and revamp its trading interface and portfolio tracking feature.

Zerion is planning to enable support for other popular blockchains and layer-twos that are sufficiently popular among DeFi users during the third quarter. The team estimates its customers open their app nine times daily on average.

Related: DeFi aggregator raided by five hackers on launch day

The decentralized finance sector has exploded in popularity over the past year, with the total number of addresses that have interacted with DeFi protocols increasing from 25,000 to nearly 3 million in 12 months.

Despite DeFi tokens suffering massive drawdowns amid the recent crypto market crash, most of the sector’s leading projects have still gained by multiple factors since the start of the year.

In the past seven days DeFi tokens have surged with Aave (AAVE) up 25.4%, Synthetix (SNX)  increasing 46.4%, Uniswap (UNI) up 16.6% and Compound (COMP) up 29.2%.

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