Strike Finance Soars & Reeve Launches – Cardano Ecosystem Update
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Strike Finance Soars & Reeve Launches – Cardano Ecosystem Update
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[01:33] Strike Finance Brings High APR
[05:26] Iagon OS Coming Soon
[07:21] Update on Iagon Legal PoC
[08:09] MPC Wallets for Cardano
[11:22] Cardano Foundation Reeve
[15:21] Cardano Spot ETF Update
[17:17] Project Catalyst Fund 14 to Go Ahead
[18:24] Updates from Hydra & Babel Fees
[20:52] Watch Catchups: Cardano's Economic Sustainability
[21:12] Charles on The Shawn Ryan Show
[21:56] Meldgate Legal Proceedings
Watch on YouTube https://youtu.be/8qU5apu-WZw
Welcome back! After a short break, this week’s episode brings you a massive update from the Cardano ecosystem. We kick off with the incredible growth of Strike Finance, which is now distributing over 2.88 million ADA in rewards annually to stakers. The platform’s top traders have earned over $100k in just two weeks, highlighting how powerful DeFi on Cardano has become.
We also cover updates from Iagon, including their new Cyclone OS – a plug-and-play system for decentralised storage that’s designed for ease of use and future adoption by enterprise clients. Security and institutional access are front and centre with the Cardano Foundation’s MPC wallet partnership with Anzens and CypherBC. By splitting private key control among multiple parties, this solution helps onboard institutional capital into Cardano DeFi with tokens like MIN and IAG.
Then we look at Reeve, the Cardano Foundation’s new blockchain-based financial reporting system. Reeve allows organisations to publish verifiable, on-chain reports. The Foundation used it to publish its own 2024 report, showcasing 659M ADA in assets. Other stories include:
- SEC’s ETF delay and Grayscale’s legal response.
- Project Catalyst Fund 14 preps for launch.
- Hydra and Babel fees advancing smoother token transactions.
- Meld’s collapse and the legal fallout via MeldGate.com.