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
Announcing Connext Prizes for ETHNewYork 2022
ETHNewyork is over with great projects and memories created!
It was ETHGlobal’s largest Hackathon yet with:
1500 attendees
251 project submissions
Hackers from 56 countries and 37% new to web3
Workshop: Building Cross-chain xApps with Connext
Layne Haber, co-founder and head of R&D, and Luke from Nomad team ran a workshop on how to build xApps, exploring crosschain transfers of tokens, how to perform xchain governance, and execute xchain tokenless data transfers in the most secure way.
Connext Awarded the best xchain projects:
Crossfader: Crosschain transaction anonimizer
Connext believes privacy is a key right of internet users, and tools like this help to promote a privacy-first environment across any blockchain.
The project leverages zk snarks and cross-chain liquidity routing to initiate privacy-preserving transactions on any chain in the growing EVM ecosystem. The Connext API is used to transfer tokens cross-chain into a pool in which users can prove they are members, without revealing their initial depositing address.
The potential for anonymous cross-chain transactions is still untackled — Connext Team was impressed by the ability of the team to deliver an end-to-end working MVP, and their capacity to create the advanced cryptographic proofs to assemble the tool.
DEXcellence
Awarded for the potential of a new frequent batch auction cross-chain DEX that promises more efficient and MEV-protected trades: privacy is built-in by never broadcasting order data before transactions and settlements occur.
The team developed a frequent batch auction market with on-chain price discovery and on-chain transactions and settlements. Prices are set by call auctions off-chain. Orders are batched and executed at predetermined intervals and are maintained off-chain without visibility to market participants to prevent front-running. The clearing price ensures that volume and fairness are maximized at each auction. This is in contrast to continuous order books, which are highly time-sensitive and therefore susceptible to front-running and price impact, and AMMs which suffer from high slippage and impermanent loss.
Forest
An xNFT project focused on the social impact that aims to gamify the use of carbon credits.
Players need to buy BCT (tokenized carbon credits) and feed treesNFTs, a representation of trees. The beauty of their NFTs is that they will be natively cross-chain, allowing them to be seamlessly moved across different blockchains and potentially gamify also this aspect (find some special tools on specific chains only), together with the opportunity to tackle multiple NFT/GameFi communities.
NFTBlender
A tool to combine existing NFTs into a newly minted one, generate via an ML algorithm that can combine the art of the parent NFTs.
The mint generates a cross-chain NFT using NFTHashi, giving it the potential to freely move across any chain in a secure way.
You don’t have to wait for a hackathon to build your own xApp! Get Started Easily:
The Delphi Podcast/ Nomad & Connext: Is the Future of Blockchain Interoperability Optimistic?
Anna Carroll (Protocol Lead at Nomad) and Arjun Bhuptani (Founder of Connext) discussed the blockchain interoperability trilemma, bridge architectures, Nomad’s optimistic design, and the relationship between Connext and Nomad.
Arjun Bhuptani joined Paloma’s Twitter Space
Founder of Connext Network, Arjun Bhuptani joined the Paloma Community’s Twitter Space to talk about ‘Bridge Security 101: Why Secure Bridging Mrs’.
Listen the recording here.
Local Connext Meetups Continue
Connext Network highly encourages IRL community meetings!
If you want to organize a similar event, just join our Discord and tell us about your idea so that we can help you!
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 has 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.
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.
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?
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.
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.
Ready to join the program?
Read about the details of the Contributor Program here.
Apply: contribute.connext.network
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.
If you think you’re able to contribute, 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 | Japan | Korean | Thai | Turkish | Russian
Spanish | Italian | Indonesia & Malasia | Vietnam
Also, have you joined Connext Discord Channel yet?
About Connext Network
Connext powers fast, secure bridging between blockchains and L2s for composable, trust-minimized value.