These 10 Altcoins Are Getting Important Updates

These 10 altcoins are getting important updates. DeFi's continues to grow with new updates.

Updates include TrustSwap and CREAM's yield farming program, as well as altcoin Cardano's recent completion of the Alonzo upgrade.

Yield Farming Program by Altcoin TrustSwap and CREAM Finance

Last week, TrustSwap, in conjunction with CREAM Finance, officially launched another yield farming program for SWAP token holders. Yield is known as a DeFi application specially designed to facilitate investment using crypto or fiat currencies. It is easy to use and requires little or no technological knowledge. The launch of the Yield farming program is an exciting opportunity for investors to increase their earnings.

Strategic Partnership from Polkacover

Polkacover is designed to protect smart contracts from DeFi-related risks. To achieve this, it has strategically partnered with P2P insurance platform Cover Protocol. The Cover Protocol allows its users to determine the cost of their insurance coverage while being fully recoverable. Partnership with Cover Protocol is welcomed as Polkacover sets out to create a versatile insurance solution.

Drops Partnership with Altcoin Enjin (ENJ)

Drops announced a strategic partnership with popular blockchain gaming and NFT platform Enjin (ENJ) last week. The partnership will allow Drop users to borrow and stake tokens while using Enjin-backed NFTs and other in-game assets as collateral.

PolkaFantasy at Altcoin Polygon

The world's first Japanese-themed NFT marketplace is now live on Polygon. Users on PolkaFantasy can now easily trade and stake NFTs at much lower prices. NFTs are inspired by Japanese gaming culture and anime. It is possible to say that it is an altcoin that anime and game lovers follow closely.

Cardano (ADA) Upgrades Alonzo

Cardano recently rolled out the much anticipated Alonzo White upgrade. The upgrade is actually an improvement on Cardano's first testnet called Alonzo Blue. The upgrade is scheduled to take approximately two to four weeks, with the final phase of the upgrade scheduled for September 2021.

NFTify Bridge is Live

In recent weeks, the popular e-commerce platform NFTify has built its highly anticipated bridge. NFTify is also known as a one-stop shop for building an NFT marketplace. The bridge will also facilitate fast and seamless exchange of N1 tokens with different blockchains.

Polygon RSS Feed Partnership with Crypto.com

Popular fin-tech and crypto credit card issuer Crypto.com has announced a strategic partnership with Polygon's RSS Feed. The partnership will provide Crypto.com users with the latest developments in the Polygon platform without having to leave Crypto.com.

Solana Launches Solbridge

In recent weeks, Solana has launched a bridge to the Polygon called Solbridge. The bridge will help DeFi service providers connect across multiple Blockchains. Accordingly, users will be able to transfer their cryptocurrencies from Polygon to Solana. Drops Will Work Integrated With Chainlink DeFi platform Drops has integrated Chainlink decentralized price link. The NFT-based platform will now offer secure, reliable and accurate price connectivity in cryptocurrencies.

CoinGecko Announces Partnership

Last week, CoinGecko announced that it has strategically partnered with Big Time to launch an NFT raffle. Ten lucky people will have a chance to win a “Big Time” themed NFT during the competition. To participate, interested people only need to purchase a CoinGecko candy voucher. The raffle started on July 14, 2021 at 7 am and will end on July 26, 2021 at 7 am.