Connext Weekly #24
(June 3-10, 2022)
Welcome to a new week of multi-chain world Connexters!
Let’s take a look together what happened in the previous days of Connext Network:
Last week in Connext Ecosystem
Public testnet of Amarok Upgrade Launched 2 Weeks Ago!
Since then:
More than 35k completed transactions
More than 150 community routers are live
10 teams are publicly building XAPPS (Many more starting soon!)
Want to build your own XAPP?
Max Lomuscio and Eddie from Connext Team wrote for you:
Building Crosschain Apps (xApps)
Upgrade your dApp to xChain
What are xApps?
Moving from multichain to xchain
What Can You Build?
Connext’s Audit Contest is Live
If you’re a cybersecurity professional; Audit Connext Network’s Amarok, hunt for bugs and compete for the $115,000 USDC prize pool.
Ends June 19, 2022, 19:59 UTC
Find details here.
Arjun Bhuptani talked in Epicenter Podcast
Founder of Connext Network, Arjun Bhuptani joined the previous episode of Epicenter Podcast to talk about bridge technology in general, Connext’s pivot from state channels to bridges, Connext’s partnership with Nomad, and what is coming next.
Topics discussed in the episode:
Arjun’s background and how he got into the space
Arjun’s involvement with the Moloch DAO
What is Connext?
The history of interoperability
Connext and the bridges they utilize
Connext’s partnership with Nomad
Bridge hacks
Finality and rollbacks – dealing with reorgs and probabilistic finality
What is Connext’s capital efficiency model
Listen the episode here.
Connext is Sponsoring ETHNewYork 2022 Hackathon
We’re excited to be sponsoring the upcoming ETHNewYork 2022 hackathon, which runs from June 24-26, 2022!
$500,000+ in prizes up for grabs in total, ETHNewYork is bringing together hundreds of hackers from around the world to build together!
Hack new xApps with Connext in NY this summer
💰$4k: Best xchain streaming app using Connext & Superfluid_HQ
💰$2k: Best xApp for yield strategies, governance functions, or arbitrage
💰$1k: Best use of xchain NFTs using nfthashi
You can learn more about ETHNewYork 2022 and apply here.
Get Started With Connext:
Did you try Amarok Testnet yet?
You can now bridge, run a router, or build on top of the newest Connext upgrade.
Read more about the Amarok Testnet here.
Mainnet soon.
As we stabilize testnet and complete the audits, we are keen to move to mainnet as soon as possible.
Join The Contributor Program and Earn $NEXT
Connext’s Contributor Program is launched on April 20 to accelerate its decentralization and Phase One is now live.
Applicants can select between 5 Tracks:
1. Community Leadership: Be a Community Leader
You can be Connext's face. Assist users, communicate updates, and serve and protect the community in general by leading by example.
People Skills Level Required: Advanced
Fluid online-IRL presence: Recommended
2. Builders: Support Builders
Craft new ways to use Connext Network, and create technical docs that can help and inspire other developers in the ecosystem.
Technical level Req: Advanced
Web3 Ethos: Required
Ability to transform bugs into features: Appreciated
3. Content & Education: Create Content and Spread Knowledge
How about creating content that spreads Connext’s vision and educates the broader community about bridges, trustless cross-chain communication, and our technology?
Creativity level required: Advanced
DeFi/Bridges Knowledge: Recommended
4. Routers: Work on the incentivized testnet as a router
Routers are the backbone of the network. Work with the best infra players in the space to improve the routers' experience.
Passion for Web3 Infra: Required
Extreme desire for automation: Appreciated
5. Grants: Receive a grant for your idea
Do you want to support researchers and innovators working on new exciting projects? Jump on the Grants track.
Technical Level Required: Moderate
Passion for Innovation: Required
Open mindset: Appreciated
The application process goes like this:
Fill out the form: https://form.typeform.com/to/tSBsjYxh
Do KYC.
If accepted, sign the contributor agreement that you will receive in your e-mail.
Receive your @Contributors role on Discord.
Now you can start working on your idea! :)
Ready to join the program?
Read about the details of the Contributor Program here.
Apply: contribute.connext.network
WEEK #24 BY THE NUMBERS
TOTAL VALUE LOCKED (TVL): $34,398,223
TOTAL VOLUME: $1,070,801,264
TOTAL TXS: 880,498
Check out the full metrics dashboard and routers, leaderboard, and status on ConnextScan.
From the Connext Community
GRANTS
Connext is looking for devs and apps that want to build great things for new cross-chain experiences through Connext.
If you have a team or working as an individual, both are welcome to contribute!
You can explore all grants here:
Technical writers to help with docs,
Community moderators for Portugal, the UK, Russia, the Philippines, Kenya, Nigeria, and the US,
Developers for several different applications
If you think you’re able to contribute, you can apply here.
Did you know Connexters created their own unofficial local communities?
Find yours below to engage with other Contextooors in your own language:
Chinese: https://t.me/connext_chinese
Japan: https://t.me/connextJapan
Korean: https://t.me/ConnextKorean
Thai: https://t.me/Connextthailand
Turkish: https://t.me/ConnextTurkey
Russian: https://t.me/connext_ru
Spanish: https://t.me/ConnextEspanol
Italian: https://t.me/ConnextItalia
Indonesia & Malasia: https://t.me/Connext_IDN_dan_MYS
Vietnam: https://t.me/connext_vn
Also, have you joined Connext Discord Channel yet?
For more:
Website: connext.network
Docs: https://docs.connext.network/
Connext Explorer: https://connextscan.io/
Connext Academy (Community Owned): https://connext.academy/
Wiki (Community Owned): https://wiki.connext.academy/
and of course, try our CROSS-CHAIN BRIDGE:
https://bridge.connext.network/
