• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
​More than 95% of Maps.me and Oxygen tokens are locked on FTX

​More than 95% of Maps.me and Oxygen tokens are locked on FTX

user avatar

by dapp_writer005

3 years ago

On November 16, 2022, it became known that several DEX projects at once (Maps.me and Oxygen) announced that 95% of their assets are stored on the bankrupt FTX exchange. Representatives of the projects spoke about this on the Oxygen protocol website. It is worth noting that these platforms were previously supported by Sam Bankman-Fried. In total, about $100 million was invested in the investment of the sites.

At the moment, representatives of Maps.me and Oxygen are shocked by the information about the bankruptcy of FTX, since it was this exchange that held most of the ecosystem tokens. To ensure the protection of their platforms, project heads turned to legal advisers for help. 

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other articles

Heroes & Empires Review — GameFi Project with NFT Assets and Play-to-Earn Mechanics

chest

A detailed review of Heroes & Empires, a Web3 game featuring NFT assets, token economy, and strategic gameplay within the GameFi ecosystem.

user avatarElena Ryabokon

Skip Protocol Overview — Transaction Optimization and MEV Solutions in Blockchain

chest

A detailed overview of Skip Protocol, its approach to reducing MEV, optimizing transactions, and improving efficiency across DeFi and multichain ecosystems.

user avatarElena Ryabokon

LightLink: How a Layer 2 Solution Powers Web3 Apps and Business Integration

chest

An overview of LightLink: Layer 2 technology, LL token, real-world use cases, and the future of this scalable Web3 infrastructure solution.

user avatarElena Ryabokon

Faraland Game: How a Blockchain RPG with NFTs and an In-Game Economy Works

chest

An overview of the Web3 game Faraland: gameplay mechanics, NFT characters, token economy, and the future of this blockchain-based RPG project.

user avatarElena Ryabokon

What is Era7: Game of Truth: Gameplay, Tokens, NFTs and GameFi Mechanics Explained

chest

Explore Era7: Game of Truth — gameplay, NFT cards, tokens, and economy. A clear overview of mechanics, strategy, and Web3 gaming potential.

user avatarElena Ryabokon

What is Elfin Kingdom: Gameplay, Tokens, NFTs, and GameFi Features Explained

chest

Explore Elfin Kingdom: gameplay, NFT system, tokens, and in-game economy. A clear overview of mechanics, features, and GameFi potential.

user avatarElena Ryabokon

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.