Daily View | Wednesday May 11

The following contents are organized and provided by PlatONWorld to spread more information and not represent the position of PlatONWorld. The contents are from third-party platforms, and the accuracy, authenticity, completeness, validity, and real-time nature of the information are not guaranteed.

【LAT】

Total issuance	Circulation	Pledge rate	Total pledge	Number of addresses
10,506,250,000	2,397,610,000	29.66%	1,401,749,213.70	190,536

Data source: https://scan.platon.network/

【Quotes】

Trading pair	24 hours high	24 hours low	24-hour trading volume
LAT/USDT	0.0304	0.0268	448,707
BTC/USDT	32646.55	30153.50	25,923
ETH/USDT	2456.50	2260.56	276,202

Data source: Huobi Exchange

【10 days node data】

2022	Active	Candidate	Exiting	Exited
May 10	201	22	4	145
May 09	201	22	4	145
May 08	201	22	4	145
May 07	201	23	3	145
May 06	201	23	3	145
May 05	201	23	3	145
May 04	201	24	2	145
May 03	201	24	2	145
May 02	201	24	2	145
May 01	201	24	2	145

Data source: https://scan.platon.network/

【Industry News】

Investment platform Republic plans to launch a $700 million crypto fund

Golden Finance reports that investment platform Republic plans to launch two cryptocurrency-focused funds, including a $200 million venture fund and a $500 million crypto-specific fund. The venture fund will allocate 20 percent of its capital to invest in cryptocurrency tokens and another 80 percent to equity investments in web3, fintech and deep technology. The crypto-specific fund will focus on supporting late-stage protocols. Republic is said to be a platform that helps fund crypto projects to comply with regulated offerings and is planning a compliance-focused secondary market for digital securities. This follows Republic’s closing of a $150 million Series B round led by Valor Equity Partners in October 2021 and raising over $20 million through crypto token sales prior to that round.

Azuki founder: will hand over full control of contracts from 3 failed projects to the community

Golden Finance reports that Azuki founder ZAGABOND posted on social media: I have realized the shortcomings in the operation of my previous projects, and I am truly sorry to the communities that left, the holders of Azuki, and those who believed in me. As the creator of Phunks, Tendies, and Zunks, I apologize to those communities, which I consider to be “learning” on the path to creating Azuki. There should have been more transparency and communication, and the handover should have been handled more carefully. First, we will transfer full control of the contract to the communities of the previous project and figure out the right setup for equitable redistribution of funds. We will announce the details of this plan and contact the people in charge of these projects as soon as possible. We will post the information in our Discord and will address questions raised on social media in the next 24 hours, which will be a dynamic document that we will continue to add based on community feedback. Next, we want to let the Azuki community know how important they are to us. We are committed to transparency and communication. As a first step, we are speaking with community groups to hear user concerns.