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- 14:05The IOST Foundation's proposal for the upgrade of IOST PayFi + DePIN aims to implement a strategic transformation for IOSTOn November 21, according to official news, the IOST Foundation initiated a vote on the IOST PayFi+DePIN upgrade governance proposal on October 21. The deadline for voting is November 24. This proposal aims to redefine IOST's position in the blockchain field. The IOST Foundation calls on all community members to actively participate in the vote. The highlights of this proposal include a comprehensive upgrade of token economics, ecosystem investment and growth targets for 2025 etc. This upgrade aims to: consolidate IOST's position in Web3 payments and infrastructure fields, enhance the utility of IOST tokens, expand its value in multiple application scenarios, promote sustainable development of the ecosystem through community incentives and improved infrastructure.
- 14:04Curve: After Trump's election victory, the market demand for leverage surged, and agreement revenue grew rapidlyOn November 21, Curve Finance announced that after Trump recently won the U.S. election, the crypto industry has seen a massive surge. Key stocks such as MSTR and COIN have been re-evaluated, and Bitcoin is nearing the $100,000 mark. The demand for leverage has led to an increase in DAO's weekly income from an average of $268,000 before Trump took office to $581,000 over the past week. Currently, the annual income allocated to veCRV holders is about $31 million per year excluding revenue from voting incentives. As of today including voting incentive bonuses, DAO has accumulated a total of $554 million.
- 13:47The initial jobless claims in the United States unexpectedly fell last week, and non-farm employment in November may reboundOn November 21, the number of people in the United States applying for unemployment benefits for the first time unexpectedly fell last week. This suggests that after a sudden slowdown last month due to hurricanes and strikes, non-farm employment growth in November may rebound, and the non-farm employment report for November could determine whether the Federal Reserve will cut interest rates again in December. The U.S. Department of Labor said on Thursday that in the week ending November 16, the seasonally adjusted initial claims for state unemployment benefits decreased by 6,000 to 213,000. This data covers Veterans Day holiday which might cause some fluctuations. Despite a surge in applications for unemployment benefits at beginning of October due to disruptions caused by Hurricanes "Helen" and "Milton", as well as strikes by factory workers at Boeing and another aerospace company, layoffs are still few which has eased impact of hiring slowdown on labor market.
