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CoinEx Daily: ZUZALU Price Soars 58%, THORChain’s Proposes to Destroy 60 Million RUNE in the Reserve

2024-02-01 12:00:00

CoinEx Top Gainer——【Zuzalu (ZUZALU) 】

Zuzalu (ZUZALU) has surged a massive 58% over the past 24 hours. Zuzalu is a meme token on Ethereum based on the concept of Zuzalu, a virtual transnational community. Zuzalu, it's a two-month invite-only gathering for crypto-elites that took place in Montenegro and featured Vitalik Buterin, inspired a new grants program aiming to foster spinoff events known as "Zu-villages."

Check Out the Latest Prices, Charts, and Data of ZUZALU Market and ZUZALUUSDT  Spot!

CoinEx News Nosh——【THORChain’s Proposal to Destroy 60 Million RUNE in the Reserve】

The decentralized cross-chain trading protocol THORChain proposed an improvement proposal for ADR 012, intending to expand THORFi lending business and destroy backup reserves. The current system risk is low, and only 700,000 RUNE will be permanently destroyed in a complete liquidation scenario. The proposal proposes to set the maximum collateralization rate (MAXCR) at 200% and destroy the reserve reserve of 60 million RUNE.

Check Out the Latest Prices, Charts, and Data of RUNE Market and RUNEUSDT Spot!

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