Top Dapp APPICS Leaving Steem. But Steem's DeFi Partnership Will Take it to Moon

Recently, APPICS, the top Steem dApp according to StateOfTheDapps, announced that it's moving from Steem blockchain forever.

No, APPICS isn't going to Hive as announced earlier. Probably, it didn't find both these chains could help scale up its operations. It seems, instant user onboarding and fast app was its utmost priority. So it decided to move to EOSIO based blockchain TELOS.

Telos Foundation has developed a special social media smart contract layer to accommodate the needs of APPICS on its chain. According to Telos Foundation, with this Telos has become one of the most social media app friendly blockchain platoforms.

Steem & Hive community will miss APPICS. May be, it could provide cross-posting but it won't be like actually being present on these chains. But Steem's loss is Telos's gain. Naturally, Telos community is happy to get APPICS onboard TELOS.

But nothing much to worry. Steem can do much better on its own. Here comes the moon news of Steem and Just partnership.

What can be better than a DeFi hype these days?

So Justin Sun is going full on DeFi now.

JUST recently announced about launching a new protocol. JustSwap beta will be launched on 17th August with full official launch on 18th August.

JUST has announced partnerships with Bit Torrent (BTT), Tron (TRX) and Steemit (STEEM). Even other tokens are being lured to share and promote its DeFi protocol to get an easy listing on Poloniex Exchange

It also managed to clinch a strategic partnership with Waves protocol. They are using Gravity Protocol as Oracle solution to inter-link both the blockchains for building DeFi together.

So far, all these new announcements and partnerships didn't help moving the prices of STEEM or BTT but it did pumped up JST, TRX & WAVES. Time for STEEM is coming soon!