My Crypto Discord Weekly Round-Up #5

Crypto Media is a great source of information, it's very easily digested as it's all organised for you. Not a lot in it outside the mainstream projects though and when that information gets to you it's usually old.
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Crypto Twitter is a great source of information too, but it's literally everything so the noise can often overpower any signal. Hard to identify what the people posting have to do with the projects they're talking about too.
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Crypto Discords are kinda the best of both worlds. They have the structure that Crypto Twitter does not (and can never have) but go deeper then Crypto Media can (or will ever be able to). The downside is you need to actually be in the Discords to see the information.
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There's a lot of interesting stuff that gets announced in Discords that I see, that others don't.
I'm sharing anything I think is particularly noteworthy for people outside of the Discords.
And quite frankly I love what these teams are doing and think it should get more airtime so I'm trying to do my bit to make that happen.
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I post daily on my Solcial account (see link at the bottom of the post) and on BULB I'm doing a weekly summary of those posts in a blog post (like the one you're reading now!).
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The rules I've set for myself are pretty simple:

1. I only post from the official announcements channel/s in each Discord. No gated token/NFT gated channels and no discussions from the channels.
2. I only post what I find interesting. Your mileage may vary. I do have a soft spot for alpha though...
3. I use the same prompt each time to generate a cover image for the post: discord weekly round up

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That's it. Let's get to the posts.

BONKz House 02/07/2023

From BONKz House Discord

First of all, I would like to apologise for the recent absence of announcements recently. There has been a lot of shifting sands internally as OMNI has taken on its biggest client we have ever taken on. This has been very consuming, however, this has been done for good reason. With the completion of this work we will be in a much stronger position financially. This will allow us to hire more formally, moderators and social interns, so that there is never a quiet moment around BONKz.

ART

We have been working with a number of artists to find the appropriate evolution of the artwork. We really like the image and branding that BONKz has and trying to build on that is difficult and needs to be done with great care.

I’ve attached some recent examples of where our direction is going.

We are aiming to be of an art standard that is pointed as some of the best cartoon art in the space, which is no small task.

The attached images are WORK IN PROGRESS and will not be the direction we are taking, just wanted to provide you some insights of BTS

HOODIES

Whale hoodies have been finalised and in transit as we speak.

This will now be followed by the OMNI Merch app which will be a one stop shop for all things BONKz as we look to the future.

We are in early communications with a range of toy manufacturers to try to understand what is the best direction here. The horny bonk meme is extremely recognisable and already has a huge consumer basis, this is what we want to be tapping into while also leveraging the project we are building here to dominate that narrative.

VALUE TO HOLDERS

This is being actively worked on and will be happening sooner than you think.

All I will say here is that listed BONKz will NOT be included in this campaign.

So the choice is yours…

STATE OF THE MARKET

It is no secret that NFTs are in a tough spot. With titans like Azuki making huge high profile mistakes a lot of users are questioning the validity of this space. We know that especially for BONKz in order to go the next level we need to approach this space very differently. What worked before will not work now.

We are actively brainstorming ways to approach this space that is novel and also sets the tone of what this project represents.

THANK YOU

Thank you so much for the patience you have given us. The social activity has been a weakness and something we are now looking to resolve and hire for.

The consistent support from the community has been humbling, and there is a lot of work to do to match your deserved expectations.

Let’s make it happen.

Hex

ALEX 03/07/2023

sUSDT/xUSD Stableswap Pool is Live!

Our latest Stableswap pool on is now live!

sUSDT/xUSD
https://app.alexlab.co/pool

Earn farming rewards providing liquidity for a pool of the two largest stablecoins on the market

As a reminder: sUSDT -> wrapped Tether; xUSD -> wrapped USDC

The new pool has been integrated into swap routing, with 5K in ALEX rewards to be paid at cycle 125 (for those joining cycle 124 beginning in ~18 hours)

Stableswaps enable users to earn pool fees & farming rewards with relatively lower risk of impermanent loss

sUSDT/xUSD is big step forward for Bitcoin DeFi and the Stacks ecosystem, take advantage of the opportunity to put your stablecoins to work for you!

Stumble upon Rumble 04/07/2023

Hi Rumblers,

Here’s an update for you all:

Refunding the Fair Launch
As many of you already know, we have decided to refund all Fair Launch participants. The USDC has already been sent back to the wallet you committed with.

Unfortunately we had to do this, because the amount raised simply was not enough to continue building and finish the game. We could’ve taken the funds, used it to pay off just part of our open bills, and then we’d be back at 0 with no money left to build. That would’ve been a horrible scenario, both for us as for the people who bought the token. That’s why this was clearly the best route. This also means there won’t be a TGE for now.

What Now?
We’re not giving up, hell no! We’ve got a nearly done game that you’ve all been playing already, we have a SUPER interesting and first of its kind token economy, we have over 50 partnerships, we have an awesome and talented team, and last but not least an amazing and loyal community of Rumblers.

In the coming time, we will be exploring options as to how we can ensure the future of the project. Things like a small private round, a larger dev-fund in the tokenomics, and more. We will keep you all updated when anything is official.

The Glove NFT Airdrop
This will still happen, don’t worry. It’s just that TGE is postponed a little further, so it will also take a bit longer to airdrop the tokens. That means we can continue doing some Fight Nights from time to time to get your score up!

We actually have a really exciting announcement to share about the game and the way we’ve played it so far. Will add a lot of legitimacy

Rewarding all participants
Even though we refunded all Fair Launch participants, we do want to send them a little bit of an extra thank you for believing in us and showing support. That’s why we have created the $GLOVE cap NFT, which can be worn inside the game. This hat is exclusive to those who participated and it will never be given out again, so it’s a nice little flex to show you were here and supporting us in these times.

We will create and airdrop this NFT in the coming days

Thanks for sticking with us and we hope you won't give up on us either

Solcial 04/072023

We are happy to announce NOWAI and Solcial collab and run #AI Image Generation Contest!

Join the contest, generate awesome cats, and compete with other users to be among 3 winners and get sweet prizes.

Read this blog for more details: https://blog.solcial.io/english/nowai-solcial-collab/

Beethoven X 04/07/2023

Rise and Shine Maestros,

Welcome to another beautiful week at BEETS!

Funkadelically FRESH and always insightful, dive into the weekly Concerto Programme!

https://beethovenxio.medium.com/concerto-programme-73-490377098105

ALEX 05/07/2023

Ordmint Lottery Completed, Trading to Begin Next

The Ordmint lottery is completed! Congrats to all winners and thank you to all participants!

The distribution of $ORMM token (or $sUSDT refund) will begin in the coming hours and conclude before trading begins.

At ~2PM HKT, sell orders will open on B20.

By ~2:30pm HKT, buy orders will open.

We're thrilled with the success and oversubscription of the first BRC20 Launchpad on Stacks and continuous evolution of Bitcoin DeFi.

ALEX 05/07/2023

Orderbook Trading on Stacks at Minimal Cost

With the launch of $xBTC, $ALEX, $STX on B20, we are reducing the maker fee to zero and the taker fee to 20bps.

https://app.alexlab.co/orderbook/

This brings pricing in line with our own AMM and other platforms, and incentivizes those adding liquidity with zero fee.

This applies to all tokens trading on our Orderbook and is effective immediately.

Francium Protocol 04/07/2023

Check out Francium Biweekly Recap :

• TVL: $12M
• We've integrated Trust Wallet, a self-custody multi-chain crypto wallet.
• Francium V3 is just around the corner, along with testnet campaigns, keep an eye out!
• Concentrated Liquidity pools coming on Francium V3, stay tuned!

OATH 05/072023

$ERN Rollout Update
This week the focus is on expanding BNB Chain & Fantom. The mantra is still export ERN out of Optimism, and import OATH back to Optimism.

So far the bridged-ERN strategy has been performing well with Ethos TVL eclipsing 9.2m with a steady increase of minted ERN and collateral entering the system. The Dune Dashboard from @XXXYeetacion (deantoshi) will be upgraded shortly to show more insights related to the total amount of bridged ERN per network.

Thena in particular is holding a USDT-ERN pool of $1.1M while still offering 24.71% from a $3400 valued bribe last epoch, which when factoring in the refund of bribes from the OATH veTHE NFT makes it one of the most cost effective exchanges to scale Ethos & ERN liquidity while simultaneously attracting new BNB users to a refuge from centralized stablecoins.

Here is the rundown of opportunities for the week, I have added to the larger pools.
Some of these pools have not received their bribes yet but will over the next 12 hours.

BNB Chain
Thena Pools:
USDT-ERN CL-Stable
ERN-FRAX CL-Stable (Co-incentives provided from FRAX)
ERN-BNBx Narrow (In collaboration with Stader Labs)
ERN-OATH Narrow

Fantom
Equalizer:
ERN-wFTM

FVM.exchange (who are launching this epoch, more details to follow)
ERN-OATH
ERN-FRAX (Co-incentives from FRAX and the FVM team as their primary stable pool)
ERN-GRAIN (In collaboration with Granary)

Arbitrum:
Ramses:
ERN-USDT
ERN-gDAI (Co-incentives from Gains Network)
ERN-LUSD (In collaboration with Liquity)
ERN-OATH CL
ERN-OATH vAMM
ERN-GRAIN (Powered by Granary Finance)

Chronos:
GNS-ERN (Co-incentives from Gains Network)
ERN-OATH
ERN-USDC
ERN-FRAX (Featuring co-incentives from Frax, big thank you for their interest in collaborating again)

Optimism
Velodrome:
ERN-LUSD (In collaboration with Liquity)
ERN-DOLA (Co-incentives from Inverse)
ERN-GRAIN (Powered by Granary Finance)

Please note the ERN-USDC pool will not be renewed on Velodrome.
Users should migrate to one of the other stable pools if you are interested in farming on Velodrome V2.

After reviewing the performance of the v1 pool it made sense to find an alternative USDC source, which we have through an Ethereum protocol called Bunni who have just launched their Univ3 managed solution on Optimism.

OATH is proud to help be the first serious pool on the network and introduce the solution to you all. We'll be hosting the Bunni contributors very soon so you can hear firsthand how their protocol works.

A short-term incentive program will be created to help drive more liquidty to Univ3 via Bunni, before finalizing a longterm strategy on the launch of Digit on Optimism. More details to follow. You can view the ERN-USDC Univ3 Bunni pool here, https://bunni.pro/pools/optimism/0x4ce4a1a593ea9f2e6b2c05016a00a2d300c9ffd8/0x434c4c7e99c39d06f543f42abc1c70bd347bc39e

OATH 06/07/2023

Bonus pools added to https://fvm.exchange/
Big week for $ERN on Fantom

Bridge via https://app.squidrouter.com/
Mint $ERN at https://ethos.finance/dashboard

LP Finance 06/07/2023

Hello! As borrow activity went up, you can earn 21% APY by staking SOL-zSOL LP token! Also peek on to Quarry's APY, currently at 15.7% APY!

Camelot 05/072023

After Rodeo's successful public sale, liquidity for $RDO has now been seeded

The official $RDO token is whitelisted directly on the Camelot app.

Head over to the app now
https://app.camelot.exchange/?token2=0x033f193b3Fceb22a440e89A2867E8FEE181594D9

Mummy Finance 05/07/2023

Important Notice: Beware of Fake Website

Dear all,

We would like to bring your attention to a fake website that has recently surfaced, claiming to be https://mummy.claims/#/ (Fake Website). It has come to our knowledge that this website is involved in fraudulent activities. We strongly advise against interacting with this website or providing any personal information.

Please be vigilant and refrain from visiting or engaging with this suspicious website.

Meta Pool 30/06/2023

A Friday of exciting news!

We're thrilled to announce the launch of liquid staking for Ethereum on July 17th! 🎯

We're stepping into a new horizon and are excited to continue our journey of building innovative solutions that empower the web3 community and the DeFi ecosystem! 💡

Read more about this exciting development and stay tuned for further updates:
Meta Pool’s Liquid Staking Now on Ethereum https://blog.metapool.app/2023/06/29/meta-pool-liquid-staking-ethereum/

Beethoven X 05/07/2023

Maestros, I am here again to present you the protocol fee results for the month of June.

At the time of collection, fees totalled $47.0k

$17.8k (38%) of the fees were generated on Fantom
$29.3k (62%) were generated on Optimism

Compared to May results:

Fantom fees decreased by 19.2%
Optimism fees decreased by 9.5%

The $47.0k was deployed in the following way:

Held on Optimism

• $14.6k was held to be paired with our OP grant to be deployed as liquidity mining incentives.

Treasury

• $8.0k was added to House of the rising Sonne (Optimism)
• $10.2k was used to acquire a combination of veBAL, vlAura and auraBAL.

maBEETS voting incentives

• A total of 398k BEETS ($9.7k) was bought off the open market and will be distributed as bounties during July’s gauges.

Infrastructure

• Instead of depositing protocol fees into treasury and then paying infrastructure cost out of treasury, then this month the infrastructure bill ($4.4k) was paid straight from protocol fees.

Beets bought, fees recycled, treasury assets stacked!

Stumble Upon Rumble 06/07/2023

EPIC NEWS

We may have had a little set back, but we surely aren't stopping!

After 2 months of back and forth discussions, we have listed our game on Epic Games!!!
This means others can now easily find our game and wishlist it for when we launch

https://store.epicgames.com/en-US/p/stumble-upon-rumble-52275d

It also means we can start playing the Fight Nights through the Epic Games Launcher. We will provide you all with early access codes you can redeem on Epic Games and then play the game directly through your library. This helps add a lot of legitimacy for people who were hesitant to download our files as we had to before.

We need you!
The way these platforms work, is that wishlists are very important. When a lot of people wishlist our game, we end up higher in the rankings, which means more gamers on the Epic platform will find us.

To thank you, we will give 500 K.O.ins to every person that wishlists our game AND we will do a raffle among all participants for 3 boosted airdrop Glove NFTs

How to participate?
Go to our Epic Games page: https://store.epicgames.com/en-US/p/stumble-upon-rumble-52275d
Log into your Epic Games account or create a new one (you can also use other methods like apple ID or Google account)
Press wishlist on the right side of our store page
Make a screenshot
Open a ⁠🎟︱support-ticket with the screenshot proof

Thanks so much and we're looking forward to all that's ahead!

Beethoven X 08/07/2023

Maestros,

Cross-chain veBAL boosts are LIVE!

You can now effortlessly sync your $veBAL governance positions and earn up to a 2.5x liquidity mining BOOST on L2s!

https://twitter.com/Balancer/status/1677234595539087360?s=20

TL;DR

Cross-chain #veBAL boosts are a new feature allowing users to sync their veBAL position on Ethereum across multiple different L2s to earn increased liquidity mining incentives.

With the recent gauge approvals passing for the pools on OP, users will be able to take advantage of the veBALBOOST on the OP DEX.

Relevant pools will show an updated APR range to highlight potential veBAL BOOST yield.

BOMBASTIC!

OATH 07/07/2023

New Vaults on Reaper Alpha Arbitrum (https://www.reaper.farm/alpha) have just been deployed.

ARB, USDC, USDT, DAI & ETH MultiStrategy vaults are now operational and optimally looping funds on Granary.Finance

You can access these vaults by switching to Arbitrum in the network selector, then clicking on the Reaper Alpha Skull in the top corner.

We are quite confident in these strategies at this point but will do a week or two of testing and monitoring to ensure the infrastructure on Arbitrum is performing before migrating to Reaper.Farm live.

You can view the historical yield (although there is not much to see right now) by clicking More Info and then Harvests Graph.

BONUS: Reaper has also been updated to now have a transaction modal to help guide users through depositing and withdrawing from the vaults.

Thank you for your continued support.

Trader Joe 08/07/2023

Trader Joe has called Arbitrum a home for just over six months.

Now, it's the perfect moment to reflect on the journey and to reaffirm the conviction that we have for the future of DeFi on #Arbitrum.

It's not an easy ride as a 'non-native DEX' but since deploying Trader Joe has:
• Supported over 250,000 unique wallets
• Facilitated over $2.5bn in trading volume
• Generated over $5.5m in fees for LPers

Trader Joe is more than just numbers, Trader Joe is a local ecosystem player that is committed to growing Arbitrum:
The Arbitrum Adventure campaign was a community grass-roots iniatitive to get users to explore the local offerings in Arbitrum, over 25,000 people embarked on this event visiting 13 partnering protocols.
Trader Joe pioneered a new way to incentive liquidity via the Liquidity Book Rewards Program, Liquidity mining is ultimately not sustainable or efficient in the long term. This program makes it so.
We've supported NEW to DeFi innovations via the 'LOTUS' token, offering builders a FLOOR SDK to further innovate on a novel token concept.

Trader Joe is here to grow Arbitrum, and the proof is in the pudding:
We've on-boarded 9 new-to-Arbitrum protocols that call Trader Joe their home
Liquidity Book is uniquely carving out a name as an OFT Liquidity Hub, aligning an omnichain vision with Arbitrum as a central hub

Trader Joe has proven genuine commitment to Arbitrum through innovative strides, community spirit and raw DeFi grit.

Here's to an incredible journey and the promise of an even brighter future.

Let's continue to grow Arbitrum, one block at a time.

Camelot 08/07/2023

Knights of Camelot,

We're excited to announce a partnership with Arcton, introducing an entirely new real-world asset class to Arbitrum

Arcton is pioneering the tokenization of startup equity, & this partnership will enable on-chain liquidity for real-world startup shares. Based in Switzerland, Arcton is at the forefront of legally and regulatory compliant tokenization, following the latest Swiss DLT act.

This partnership introduces an entirely new onchain asset class and is a significant step in leveraging DeFi to power innovative markets.

Read the thread for more detail, the first tokenized raise will be announced soon...
https://twitter.com/CamelotDEX/status/1677331319498452992

OATH 09/07/2023

Latest updates on the Fantom situation related to OATH & ERN.

Firstly, our thoughts are with those affected by these terrible developments on Fantom due to Multichain, please continue to practice kindness and respect in the discord.

Both Axelar and LayerZero have new bridges to Fantom to bring alternative bluechip assets which you should see propagate throughout the week. This should start to relieve the volatility on the network and attract new liquidity.

$ERN uses Axelar to bridge across to 8 chains already and for those unaware we are in the midst of our cross-chain rollout to Fantom currently. This is a unique opportunity to attract new liquidity to ERN which managed to be one of the only routes out of Fantom during the downtime thanks to Axelar's superb and unique bridging service.

To reinforce the advantage of Axelar assets, their team has committed a $4000 bribe for this current epoch on Equalizer to kickstart an ERN-axlUSDC pool. This should be enough incentive to support $1M TVL at 20% APR to help drive immediate adoption of these new alternative stablecoins on Fantom.

We are grateful for Axelar's vote of confidence in the $ERN product, and will also be committing resources to further deepen the liquidity on Equalizer and other exchanges.

If you had questions about Axelar and it's technology, @fig | squid & @georgios | Axelar are available in our discord ⁠🤝│general to provide support and listen to your feedback.

https://twitter.com/Equalizer0x/status/1677820139243442178

You can bridge both USDC & ERN to Axelar through Squid (Plus a bunch of other assets like wBTC & ETH), which is a nifty application you can find here: https://app.squidrouter.com/