My Crypto Discord Weekly Round-Up #2

BbyA...nMtW

18 Jun 2023

100

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.

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.

Crypto Discords are kind of 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.

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.

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!).

The rules I've set for myself are pretty simple:

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

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

Immutable 06/06/2023

Hey Immutables,
Getting a better understanding of the product roadmap for Immutable has been a popular request. At the same time, making hard promises on deadlines in crypto-land is challenging at best. With that in mind, we’re excited to roll out the Immutable Product Roadmap!
https://www.immutable.com/product-roadmap

This will be updated monthly to provide insight on our long-term vision & what the Immutable product team is prioritizing. You’ll notice that there aren’t any hard dates. The focus is to build in public, emphasize what the team is building at the moment, and what we believe will ultimately add value to Immutable—the biggest ecosystem of gaming. That is, the Immutable Product Roadmap highlights the 'What & why’, rather than the ‘Wen’.

For example, you’ll find that the focus right now is:
1. Immutable zkEVM
2. The Orderbook on zkEVM
3. Immutable Passport
This is just the beginning for Immutable as we continue to build the best product suite for all builders and players within the space.

Beethoven X 06/09/2023

Maestros, Creation is the heartbeat of life, the rumbling rhythm of progress driving us onwards. Today we will explore one of the fairest and most efficient launch methods available — Liquidity Bootstrapping Pools.

https://medium.com/beethoven-x/liquidity-bootstrapping-pools-4f7372006300

Helium 06/10/2023

Proposals HIP 79, 82, and 84 are live for voting! You have 7 days to cast your vote.

HIP 79, 82, and 84 are all Mobile Network proposals. Therefore, you must stake MOBILE tokens on Realms to solidify your Voting Power and cast your on-chain vote.

HIP 79 creates a rewarding framework for Mobile Mappers
HIP 82 creates the first Service Provider on the Mobile Network, Helium Mobile
HIP 84 specifies hex boosting by Service Providers to incentivize deployers to deploy radios in high-use areas

For those that are familiar with Realms, Voting Power, and Vote Escrowed Positions, navigate to the proposals and cast your vote: https://realms.heliumvote.com/dao/mobile

Not sure what Voting Power is?
Voting Power is created by staking or locking-up tokens to create a weighted multiplier for token voting. Voting Power is calculated by multiplying the token amount by the lockup duration. You can lock tokens for up to 4 years in the Helium Network and subNetworks. Your Voting Power is represented by a Vote Escrowed Position.

What’s a Vote Escrowed Position?
Vote Escrowed Positions are the representation of your Voting Power and stake lockup and duration. They are represented by NFTs in your wallet. They are non-transferable and are considered ‘soul-bound’ to your wallet.

What does Staking mean?
Staking is the act of locking-up tokens for a set duration, in this case, to create your voting power and participate in governance. This creates long-term alignment with Network goals and the future of Helium’s decentralized wireless network of networks.

How do I do all of this and participate in Governance?

Log into your Helium Wallet or get a Solana-compatible Wallet. https://docs.helium.com/wallets/helium-wallet-app/
Get your Helium Network Tokens, including HNT, IOT, or MOBILE.
Got SOL? You’ll need a little bit of SOL for any transaction on the Solana Blockchain.
Navigate to Realms.
Stake your tokens under ‘My Governance Power.’
Choose your Lock Up Duration, token amount, Constant or Decay, and finish!
Navigate to Proposals.
Choose any active Proposal.
Cast your vote!

Community members are strongly encouraged to read the HIPs in their entirety! You can find all information about the HIPs at https://www.github.com/helium/hip

HXRO 06/12/2023

GM HXRO NATION

HXRO-USDC LP INCENTIVES ARE LIVE!

Add liquidity to the HXRO-USDC CLAMM on @raydium
(1% fee pool)

LP’s earn 25% of all Hxro Network transaction fees ( $USDC $BONK $HXRO )

https://raydium.io/clmm/pools/

NOTE: Concentrated Liquidity can be difficult to manage so make sure you're clear on how to configure your positions in these pools before you deposit.
https://docs.raydium.io/raydium/liquidity-providers/providing-concentrated-liquidity-clmm

Beethoven X 06/12/2023

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-71-e54ef0addb99

Beethoven X 06/13/2023

Round 38 of the BEETS Gauge is done & the results are in! 🗳️

Top Pools:
1⃣ A Late Quartet @beethoven_x
2⃣ Oats and Grains @ByteMasons
3⃣ Fantom of the Opera Act II @beethoven_x
4⃣ Locked Staked and Two Smoking FTM @stader_ftm
5⃣ Ankr Fantom Liquid Ocean @ankrstaking

A total of 38,775,343 votes were made.

🔹Bounties = $4,608
🔹Protocol ROI = 130.23%

Gauge Vote updates will be implemented on the protocol this coming Wednesday.

❤️🎶

ALEX 06/12/2023

Trading Opens for $MXRC, $$BIT and $IGLI tokens

Trading has begun for three new tokens on B20! Sell orders are accepted now. Buy orders will be accepted from 2pm UTC today.

https://app.alexlab.co/orderbook

Join the vibrant BRC20 market and explore the potential of the latest tokens on B20. Start trading now and experience the future of decentralized finance on Bitcoin!

ALEX 06/13/2023

Trading Opens for $ORDI, $OHMS and $JAKE tokens

Trading has begun for three new tokens on B20! Sell orders are accepted now. Buy orders will be accepted from 2pm UTC today.

https://app.alexlab.co/orderbook

Join the vibrant BRC20 market and explore the potential of the latest tokens on B20. Start trading now and experience the future of decentralized finance on Bitcoin!

Mummy Finance 06/14/2023

Hey there, Mummy fans! It's time for the highly anticipated 2nd Rewards Distribution of June!

We are delighted to recognize the incredible efforts of our entire protocol and generously reward our loyal users.
In total, we have generated an amount of 91,000 $FTM and 7.5 $ETH in fees.

Here's a breakdown of what you can expect
On Fantom:

MLP: 54,6000 $FTM
MMY/esMMY: 27,300 $FTM
NFT: 10,200 $FTM

On Optimism:

MLP: 4.5 $ETH
MMY/esMMY: 1.5 $ETH
NFT: 0.39 $ETH

Begin earning enticing rewards using your preferred assets:
Visit: https://app.mummy.finance/#/earn
Explore: https://app.mummy.finance/#/nft

HXRO 06/14/2023

Regardless of market conditions.
Regardless of sentiment.
Regardless of noise.
#HxroNation continues to grow.

Beethoven X 06/15/2023

Dust off your boots maestros, it's time for a foot-stompin' country classic!

In collaboration with Stader Labs, please welcome to the stage a new yield-optimised masterpiece...

Take me home Fantom Node

Every asset in this pool offers an interest-bearing opportunity!
Reaper Boosted $FTM
Yield-Bearing $sFTMx

Pool https://beets.fi/pool/0x6e6dc948ce85c62125ff7a1e543d761a88f0a4cb000000000000000000000743

Read about the mechanics here https://twitter.com/beethoven_x/status/1668992962238328834?s=2

ByteMasons 06/15/2023

We're teaming up with Bond Protocol to create $OATH bonds on Optimism! Bond $ERN for $OATH at a discount without fees or slippage

This program will allow the team to pull ERN from the stability pool, increase ERN and Oath liquidity, and provide a low-friction path for new ecosystem entrants.

You simply deposit ERN and receive discounted Oath which is vested for 7 days. The Bond Protocol team were the creators of Olympus Pro which you may remember from 2021 - their app works in much the same way.

https://app.bondprotocol.finance/#/market/10/2

https://twitter.com/0xBebis_/status/1669010118367932418?s=20

Camelot Discord 06/15/2023

We're excited to welcome unshETH to the Round Table

Through their basket of LSDs, unshETH enables a more decentralized, diversified, & composable approach to liquid staked ETH.
Rather than using incentives on multiple fragmented LSD pools, unshETH enables a more efficient and sustainable approach to LSD liquidity on Arbitrum. Users can now stake their USH/ETH LPs on their app to earn 4 layers of rewards - https://unsheth.xyz/vdUSH

unshETH/ETH farms will go live next week, with much more planned in the future too.

Read the thread to learn more: https://twitter.com/CamelotDEX/status/1669058046948003841

Samoyedcoin (SAMO) 06/13/2023

Fake Airdrop Scam Warning

There's been a fake "SAMO Labs Airdrop" NFT being sent out to Samo Famo, this is NOT from Samoyedcoin or any of the team members.

This is a SCAM, please burn or send it to a burner wallet. Please do NOT visit the sketchy link on the NFT.

Samoyedcoin does NOT have any upcoming airdrops, only trust what you see in this channel or posted on the official Samoyedcoin Twitter account - https://twitter.com/samoyedcoin

Stay safe fam, these scams usually pop up when price action is exploding. Sadly expect to see more and please warn others if you see one, all we can do is warn and help prevent any scam from taking place. The picture below is for reference, do not visit the scam website!!!!

Trader Joe 06/16/2023

COMMUNITY UPDATE
Auto-Pools Whilst some users have noted and rightly raised concerns about The Generals trailing performance v a hold / wide strategy, the core team at Trader Joe remain high conviction with Auto-Pools. The market depth that The General is providing is a key reason for recent volume growth on Arbitrum and Avalanche, in the respective markets it operates. The core team are closely monitoring all aspects of Auto-Pools (including the underlying algorithm) and have now started making iterative changes.

Summary of the below key changes being worked on:

New content/documentation for The General (and to support future Auto-Pools)
Quant team iterating and working on expansion to support more and new Auto-Pools
Front-end analytics to improve UX

Savvy

Everything you need to know about the Savvy launch is here: https://twitter.com/traderjoe_xyz/status/1669258089214648321?s=20
By providing liquidity to their synthetic pools (hosted on Trader Joe) you will start tallying up a 'maker score' that provides eligibility for $SVY rewards: https://savvydefi.medium.com/join-savvys-initial-farm-offering-ifo-on-arbitrum-c591dcdcc39 .... This program has officially started and your biggest share of rewards are allocated in the first week of providing liquidity
Protocol link: https://app.savvydefi.io/

MM Rewards: Epoch 6

Epoch 5 rewards are being worked on with results data + distribution shared ASAP
We've also built a 'leaderboard API' which will soon be plugged into the platform so you'll be able to track your real-time score each Epoch
Eligibility for rewards in future epochs (start from Epoch 6) will be changed. Instead of accruing at least 1% of total fees to qualify, you simply need to place in the top 20 of fees accrued for each LP
Epoch 6 starts: in 3 hours
Epoch 6 ends: in 14 days

Level Finance

Trader Joe has partnered with Level Finance who have just deployed onto Arbitrum today
We'll be continuing to collaborate moving forward

Limit Orders

Place Orders and Pool Orders are nearly ready to launch ... Maker style and all onchain.
Setup automated buy or sell orders that execute with no swap fees or slippage. Power your liquidity provisioning with automated DCA in or out orders. Trade with ease, efficiency and on your terms.

Stride 06/15/2023

Stride's 9th stToken is live - stCMDX
The 38% APR CMDX staking reward no longer has to be forfeited when using CMDX onchain. Now use stCMDX, and keep your staking rewards

Here's what to expect:

First, an stCMDX/CMDX pool has appeared on Comdex’ native DEX, cSwap. The pool uses ranged liquidity, meaning it’s more efficient than a standard constant product pool: http://app.cswap.one/farm/45
Next, the current "master pool" on cSwap is CMDX/ATOM. But it's hard to incentivize, due to forfeited staking rewards. Based on community discussion, it'll likely be changed to stCMDX/stATOM. If liquidity providers don’t have to forfeit their staking rewards, cost to incentivize would be lower.
Lastly, in time stCMDX is likely to be approved as collateral on Harbor Protocol, so it can be used to mint the $CMST stablecoin.

stCMDX available for minting now! http://app.stride.zone/?chain=cmdx

Stride 06/16/2023

The Cosmos' first ever liquid staked index token is now live It's called stIBCX.
Get exposure to the whole Cosmos in a single token, without forfeited staking rewards.
Issued on Osmosis, composed of Stride's liquid staked tokens, governed by ION DAO.

How it works:

In order to mint stIBCX, users have to “liquid stake” their IBCX. IBCX is an index token backed by a diversified basket of Cosmos tokens. But those backing tokens aren’t staked. When you liquid stake your IBCX, you get stIBCX, which is backed by the same basket of tokens - except they’re liquid staked by Stride. So for example, stOSMO and stATOM instead of OSMO and ATOM.
Where a token in the IBCX basket doesn't have a Stride LST available, that token is included in its unstaked form. But thanks to Stride’s wide array of LSTs, over 80% of the stIBCX basket is LSTs. And as more Stride LSTs become available in the future (eg. stAXL and stATK), the unstaked tokens in the stIBCX basket will be converted to LSTs.

To view the stIBCX basket and liquid stake IBCX http://index.ion.wtf/stake
To trade stIBCX on Osmosis http://frontier.osmosis.zone/pool/1039

Meta Pool 06/16/2023

Big news! @everyone Meta Poolers!

We're thrilled to announce the META Buyback program, which will consist of

Swap of 3000 stNEAR for $META every month
∼23% APY for META voters

META token holders will take an essential role in Meta Pool's Governance and will be rewarded.

Meta Pool fosters a community-driven project that thrives on innovation and transparency.

With the new DAO, we're taking the first steps toward an exciting future where the community actively shapes the protocol.

Read more https://blog.metapool.app/2023/06/14/buyback-meta-token/

Camelot 06/16/2023

Knights of Camelot

After the successful launchpad, we're thrilled to announce our participation in Penpie's bribery market.

We will leverage our voting power to increase the rewards for Camelot LPs supported on Pendle, such as GRAIL/ARB.

Stay tuned for more details on the launch of $PNP 👀

Jupiter Aggregator 06/16/2023

Hi, there's a lot of turbulence in the market right now and to support Solana, we are launching a trading campaign for fellow space cadets to get a chance to win 1K worth of $SOL weekly when they place a buy limit order for $SOL on our site and it gets filled!

We have made significant improvements to the Limit Order backend, optimizing data retrieval and enabling even more efficient order fulfillment.

Give it a try, and let us know what you think.

Oh and btw, it is still 0% fees to place any limit order right now, so get those orders going and catch the waves!

Let’s goooo #togetherwesol #buildthewall https://jup.ag/limit/USDC-SOL

Synthetix 06/16/2023

Synthetix Perps now supports Lido Finances' stETH as its newest asset available for leverage trading.

Synthetix is the only protocol supporting stETH perps.
No other decentrealized, or centralized, perpetual futures protocol currently supports stETH. 42 total markets.

Learn more https://blog.synthetix.io/synthetix-lists-steth-perps/

KlimaDAO 06/15/2023

KIP-38: DAO Funding Request for H2 2023

@Klimates In the past six months KlimaDAO has delivered several projects that continue to position it as the market leader in digital carbon globally.

The DAO is now requesting additional USDC from the Treasury to continue building in H2 2023.

Join the forum discussion: https://klima.fyi/kip-38-forum

KlimaDAO 06/16/2023

Further positive developments for supply expansion in the Digital Carbon Market

Visit the C3 Forum to learn more about C3 and MORI NFT's proposal to pilot the digitization of J-Credits – the Japanese government-certified carbon credits https://bit.ly/3Nue7LZ