Increase in DRV Token Supply Proposed by Derive Co-Founder - - #cryptocurrency# #bitcoin# #altcoins#

Track: Decentralized Finance Derive is bringing the options market on-chain, and we have established over 70% market share, with rapid growth. Currently, the total locked value has reached 120 million USD, with 70,000 users and 400,000 eligible wallets for airdrops. The current market size is $200 billion and is expected to grow to $5 trillion in the next 3 years, as more and more real assets (RWAs) are issued on-chain, while the on-chain economy occupies an important share in global financial flows. In addition, our composability with major partners makes us more competitive in the market. The largest Decentralized Finance protocols, such as Ethena, EtherFi, and Lombard), are using Derive to enhance the utility of their tokens. We have faster access to interest-bearing collateral than any other company in the market. DRV

Track: Decentralized Finance Derive is bringing the options market on-chain, and we have established over 70% market share, with rapid growth. The total locked value has reached $120 million, with 70,000 users and 400,000 wallets eligible for airdrops. The current market size is $200 billion and is expected to grow to $5 trillion in the next 3 years, as more and more real assets (RWAs) are issued on-chain, and the on-chain economy occupies an important share in global financial flows. In addition, our composability with major partners makes us more competitive in the market. The largest decentralized finance protocols, such as Ethena, EtherFi, and Lombard), are using Derive to enhance the utility of their tokens. We are able to access interest-bearing collateral faster than any other company in the market. DRV

#DRV# can't sell why??

#DRV# synthetically this coin is gonna perform well before ending of next week, mark my word

Synthetix and Derive canceled the $27 million merger Synthetix, a platform for creating synthetic assets, and Derive, a decentralized options protocol, have abandoned a $27 million merger deal. "After discussion and analysis of community feedback, it was decided not to merge," Derive reported. According to the original plan, Synthetix wanted to reintegrate Derive, exchanging DRV tokens for SNX at a ratio of 27:1. For this, 29.3 million SNX had to be released, which raised concerns about the possible devaluation of existing tokens. Both sides developed proposals for improving the protocols. Critics noted that Derive, whose revenue in recent weeks has outpaced Synthetix, was undervalued in the deal. Synthetix's market capitalization is $1.1 billion, while Derive is valued at $27 million. Participants also called the exchange conditions unfair for DRV holders.#BTC##NADA##ETFH##BNBUSDT $BNB ##XRPUSDT $XRP #

MetaEra news, on May 22 (UTC+8), Synthetix announced the termination of the acquisition of Derive, which was valued at $27 million, originally intended to exchange 1 SNX for 27 DRV tokens. Due to concerns from the Derive community regarding the low valuation, unfavorable lock-up position, and potential token dilution, both parties ultimately decided to withdraw the proposal. Synthetix stated that it will continue to explore other opportunities to build a decentralized derivation platform on the Ethereum mainnet. (Source: PANews)

Synthetix proposes to acquire Derive (formerly Lyra) through a token swap of SNX-DRV. If approved by the community, this will enable Synthetix to integrate Derive's technology and team to accelerate the development of its options engine on the Ethereum Mainnet. The acquisition is valued at approximately $2.7 million, and Synthetix will issue 29.3 million new SNX tokens in exchange, planning to gradually release them to DRV holders over the next nine months. This move aligns with Synthetix's strategic direction to integrate its ecosystem and further enhance the capabilities of the protocol.

Synthetix community proposal to acquire the decentralized Options platform Derive at a valuation of $27 million Hush Chain News reports that the Synthetix community plans to acquire the decentralized Options platform Derive for $27 million. Through the SIP-415 proposal, the transaction will be conducted at a ratio of 27:1 for the exchange of DRV and SNX tokens, and Synthetix will issue 29.3 million SNX tokens to complete the acquisition. Approval from the Synthetix Spartan Council and Derive governance body is required. The modular order book design and options mechanism experience of the Derive team will enhance Synthetix's competitiveness. $SNX #Cryptocurrency #Blockchain #Synthetix #Derive #Acquisition

Market returns, this week's secondary market key observation of tokens overview: $LINK, Chainlink launched the "Chainlink Rewards" program aimed at encouraging users to participate more actively in the Chainlink network. $MATIC, Polygon has integrated Optimism's OP Stack in its own Chain Development Kit, allowing developers to create OP chains that connect to AggLayer. Polynomial announced its complete vision, planning to build a dedicated chain focused on derivatives and value return to users. $DRV, the Derive community has decided through a proposal to use DeFi Tokens in the DAO treasury to repurchase more $DRV. $ZK, zkSync has achieved full EVM equivalence, and all EVM tools can be used directly. $TAIKO, Taiko becomes the first Ethereum L2 to adopt Based Sequencing, and the Taiko DAO decentralized governance goes live on the mainnet. $SKATE, Skate Chain launches Stake AMM on Solana, supporting cross-VM interaction with other applications. $MKR/$SKY, Sky Ecosystem (formerly MakerDAO) has launched the governance module SP-BEAM to enhance stability management. $MAGIC, Treasure Chain (Ethereum L2 of TreasureDAO) will be shutting down, and on-chain assets must be withdrawn by the end of May. $LINEA, Linea open native bridge, transfers from Ethereum to Linea are free of transaction fees, but the single transaction Gas limit is 250,000. $ZK, zkSync has launched the Solidity→EVM compiler Solx, which can be directly compatible when Ethereum adopts RISC-V in the future.

#TON#kenapa tons not developed? Because drv is always a mystery.

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#DRV# I really believe in this coin because I saw potential in it, it's gonna put smiles in your face one day 💖

The answers to Gate.io and earning derivatives #DRV# Q&A are: B B D A A B B B C C Join now: https://www.gate.io/activities/answer-earn/?refUid=4951327&ch=AnswerEarnDRV Cheers, friend, wish you good luck!

Play the Golden Snake GAME to share a $50,000 REWARD. JOIN NOW 👇: https://www.gate.io/activities/goldensnake2025/?ch=2025NewYear&refUid=16160862 #ANON# #TREAT# #DRV# #GIKO# #XTTA#

We have sorted out the recent performance of new coins for everyone (second edition). If you are interested, you can read it carefully. Hello everyone, good afternoon, I am Virtual. ----------------------------------------- Since January, I have been continuously updating the information about new coins listed on the Gate.io platform. Now I will regularly review them. Today is the second review, and I will also summarize the performance of 5 'new coins', namely DRV, LIY, UNILAYER, LEGEND, and BSX. The relevant data is shown in the following figure, and the latest prices are as of 19:00 tonight. As for whether there is a profit, different entry points and holding situations will determine the final yield. Here, only a simple summary is made, which can also be considered as a reference. ----------------------------------------- Big guys with different opinions can leave a message for discussion. The first summary posted yesterday also saw varying degrees of rebound after being posted. It's uncertain whether it's a rebound after the oversold condition plus the market's recovery. You can also pay attention to the performance of these new coins tomorrow. I will continue to share relevant experience summaries with everyone in the future. ----------------------------------------- I am virtual or not, welcome to communicate, like and follow. Please indicate the source when reposting.

#MyCryptoNewYearGoals# Weekly report/Market update Key Elements 1. _Reporting Period_: January 20 - January 26 2. _Startup Projects_: List of 17 startup projects, including $MIDLE, $AIMONICA, and $AKUMA 3. _New Listings_: List of 11 new listings, including $DRV, $OBT, and $TRUMP Tone and Style Tone is informative, neutral, and objective. Style is concise, formal, and structured. Target Audience Cryptocurrency traders, investors, and enthusiasts interested in market updates and new listings. Purpose To provide a weekly report on startup projects and new listings on keeping users informed about market developments.

📣 #Gateio# Weekly Report: January 20 - January 26 💎 #Startup Projects#: $MIDLE, $AIMONICA, $YULI, $ONDOAI, $LYP, $AKUMA, $SLC, $GROWAI, $MAXSOL, $HAT, $XTTA, $TICO, $PINEYE, $ANON, $AVAXAI, $VICE, $OCB. 💎 #NewListings#: $DRV, $OBT, $EMYC, $CHIRP, $MELANIA, $AXOL, $TRUMP, $SOSO, $ACP, $MAG7SSI. Find more in the image below ⬇️

today again poured answers from the promka, drv gave, not much but nice

The answer to the final stop has been updated. This period is Derive (DRV), ending at 17:00 on the 26th. The answer with 100% accuracy is provided to win generous rewards. Many people think it's useless to participate in this quiz, but I have been participating all the time. The screenshot below is the on-chaindeposit after winning a prize some time ago, which is enough for a meal of pig's feet. Here are the answers directly: Activity Time: January 22nd 17:00 PM - January 26th 17:00 PM (UTC+8) Take the challenge now: https://www.gate.io/activities/answer-earn?period_num=301 The answer to this question is: BBDAA  BBBCC Welcome friends to take it for verification, comment, like and encourage. If all correct, please leave a message of encouragement in the comment section. If the questions and answers are randomized, remember to remind me, I will provide them together with the questions and answers next time I update. Pay attention to whether it is virtual or not, and update in time for the new 'end of the line' later. At the same time, there is also a lottery activity going on, please pay attention to my updates.

✒️ Quiz from the project "Derive" 3 spins are given, it falls in the roulette from Lucky Bag to 5,000 DRV. Quiz answers: B, B, D, A, A, B, B, B, C, C. 📆 Deadline: 26.01. ______________________________ ✒️ Quiz from the project "Legend" Given 3 spins, it falls on the roulette from Lucky Bag to 50,000

Congratulations on Gate.io Launchpool's participation in breaking 3 million 🎉 It's really awesome. Gate.io is becoming more and more powerful. Not only has it repeatedly reached new highs, breaking through $23, but also Launchpool has attracted over 3 million participants. It's so amazing, my bro 🐮 The new project to be launched on Launchpool is $N3, which is committed to building a decentralized edge AI infrastructure and creating a more fair, efficient, and democratic AI ecosystem. On DePIN Scan, Network3 ranks fourth with over 600,000 active nodes, which is already very impressive. At present, there are $GT and $N3 pools, with an annualized yield of up to 483.13%, and the income is distributed every hour, the earlier you participate, the higher the return, brothers remember to set an alarm clock, and trading $N3 also has a lot 🎁 of benefits At the same time, the GT year-end activity is in progress, $CHIRP, $OBT, $DRV mining activities are in full swing🔥, the annualized yield of $CHIRP and $OBT mining is 7.8% and 9.4% respectively, and the coin-based mining annualized yield is 1117% and 298% respectively, the annualized yield of $DRV's $BTC is 14.2%, and the coin-based annualized yield is 275%, with high returns and stability⚡️ #Gateio ##Launchpool# $N3 $GT

#DRV#u only looks like eating money machine when u grow up and touch the sky?

Gate.io Answer & Earn Derive #DRV# quiz answers: B B D A A B B B C C Join Now: https://www.gate.io/activities/answer-earn/?refUid=4951327&ch=AnswerEarnDRV Cheers frens, good luck!

#DRV# I won! Join Gate.io Answer & Earn Take the Quiz to Win Fancy Prizes https://www.gate.io/activities/answer-earn/?refUid=10572278&ch=301

🎉gate Launchpool participation exceeds 3 million! 💥 Participate in the Network3 (N3) mining project at high annualized returns of 483.18%, and receive profits every hour! In addition, you can also participate in mining projects such as CHIRP, OBT, and $DRV. 📌Network3 is committed to building a decentralized edge artificial intelligence infrastructure. It integrates cutting-edge technologies such as AI model optimization and compression, federated learning, edge computing, and secure computing to help global AI developers perform model inference, training, and validation more quickly, conveniently, and efficiently. By breaking the constraints of traditional centralized AI, Network3 creates a fairer, more efficient, and democratic AI ecosystem. ⏰Mining time is scheduled as follows: - Phase 1: 16:00 PM, January 18, 2025 - 16:00 PM, January 22, 2025 (UTC + 8) - Phase 2: 16:00 PM, January 22, 2025 - 16:00 PM, February 1, 2025 (UTC + 8) 📢Announcement link: gate/announcements/… 👉 Mining Link: gate/launchpool/169 👉 Trading link: gate/zh/trade/N3_US… 🙌Friends who haven't registered yet, hurry up and register to start your mining journey, exclusive invitation link: gate/signup/AQRAVL5… 🎯GT Moon Landing Program: gate/campaigns/363 - ... #Gateio #Launchpool $N3 $GT

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Will ING and DRV be good investments short term or long term

Gate.io Answer & Earn Derive #DRV# quiz answers: B B D A A B B B C C Join Now: https://www.gate.io/activities/answer-earn/?refUid=4951327&ch=AnswerEarnDRV Cheers frens, good luck! 🎁

#DRV#это shit will go up in value?

#XRP5L# The buying opportunity to catch this cycle goes from here to space 🚀🚀 it is not investment advice #aleo# #clay# #babyshark# #drv#

📊📝 Diluted valuation projects launched this week: #TRUMP #FPS #SOLV #DRV #MATES