• 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

Ether.fi Explained: eETH Token, ETHFI Governance and Liquid Staking on Ethereum

chest

Learn how Ether.fi works: liquid staking, the eETH token, ETHFI governance, and how restaking expands opportunities for Ethereum staking within the DeFi ecosystem.

user avatarElena Ryabokon

Zircuit Explained: Ethereum Layer-2 Scaling, Rollup Technology, and the ZRC Token

chest

Overview of the Zircuit crypto project: Ethereum Layer-2 network, rollup architecture, security mechanisms, and the role of the ZRC token in scalable blockchain infrastructure.

user avatarElena Ryabokon

Kelp DAO Explained: rsETH Token, Liquid Restaking, and EigenLayer Integration

chest

Learn how Kelp DAO works: liquid restaking, the rsETH token, EigenLayer integration, and how the protocol improves capital efficiency within the Ethereum and DeFi ecosystem.

user avatarElena Ryabokon

Puffer Finance Explained: How pufETH and Liquid Restaking Work on Ethereum

chest

Learn how Puffer Finance works: liquid restaking, the pufETH token, EigenLayer integration, and how the protocol improves Ethereum staking efficiency within the DeFi ecosystem.

user avatarElena Ryabokon

Space Misfits Web3 Game: Gameplay, Tokens, and the Player-Driven Space Economy

chest

Discover Space Misfits, a Web3 space exploration game with blockchain assets, token economy, and player-driven gameplay in a persistent online universe.

user avatarElena Ryabokon

What Is Swell Network? Liquid Staking, swETH, rswETH and the SWELL Token Explained

chest

A detailed overview of Swell Network, including liquid staking, restaking mechanics, swETH and rswETH tokens, and the role of the SWELL token in the Ethereum DeFi ecosystem.

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.