Connext Weekly #66
April 10 - 17, 2023
Welcome to a new week of the cross-chain world of Connext!
Let's dive in and explore the latest developments in the Connext Network Ecosystem👇
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Connext was at ETHJapan
Connext Network organized an Ideathon event during ETHJapan! Developers and Connext users had the chance to meet some of the Connext Core Team members in person.
Watch Alex White’s speech (Head of Product at Connext) at the Builders Session here.
Themis Protocol Integrates Connext
Themis has partnered up with Connext to unlock new use cases for cross-chain liquidity: routers will run more efficiently, and Themis users can access liquidity on any chain.
Themis Protocol increases the efficiency of liquidity pools within Defi. It allows users to deposit their yield-bearing tokens as collateral and borrow stablecoins against them.
Thanks to the integration with Connext, users can deposit collateral on any chain and access Themis liquidity on any other chain.
For example, a Uniswap LP token can be deposited on Optimism, and then USDC can be borrowed on Polygon where the interest rate/liquidity is more beneficial.
This new, improved, cross-chain liquidity will become a fundamental tool for traders, market makers, DAOs and institutions that will want to maximize their returns on any domain.
Read the announcement and how the system works actually here.
#Next Wave Of Twitter Spaces Are Here!
Connext announced a new series of Twitter Spaces with the industry leaders of blockchain! You will be able to learn ‘How to Build a DAO’ from the best: Aave, Optimism, Graph, Aragon, ENS Domain, Arbitrum and more!
The first session is about "Values, Vision, Governance and Execution".
Join the conversation on April 20, set up your reminder here.
Less Than A Month To Participate in the LP Campaign!
Connext has launched an LP campaign that rewards our users with a special Galxe NFT on February 15. At the end of the campaign (Approximately May 15) special NFTs will be there exclusively for each chain's top 30% LPers (by average daily balance).
Don't miss this incredible opportunity to earn a unique Galxe NFT. Join the campaign now and start LPing today!
Guide on how to provide liquidity | Galxe campaign page
From the Connext Community
https://twitter.com/Layer2_Master/status/1647604861092139009?s=20
https://twitter.com/illshin/status/1646099307442089984?s=20
https://twitter.com/Takeshi_TGAL/status/1646109758020255744?s=20
https://twitter.com/illshin/status/1646110666380677120?s=20
https://twitter.com/ThemisProtocol/status/1646192867298226176?s=20
https://twitter.com/akindo_io/status/1646521144508547082?s=20
https://twitter.com/ConnextNetwork/status/1648015946127163392?s=20
https://twitter.com/Bruce1_1/status/1646652134853873664?s=20
https://twitter.com/ConnextNetwork/status/1646833929842749443?s=20
(Tweets are not viewable because Twitter API is currently disabled on Substack.)
WEEK #66 BY THE NUMBERS
TOTAL VALUE LOCKED (TVL): $24,903,738
TOTAL VOLUME: $65,738,673
TOTAL TXS: 60,357
The graphic above shows the statistics only after the Amarok upgrade.
Check out the full metrics dashboard: transfers, routers, and status on ConnextScan.
Connext is Hiring!
Connext Labs is looking for talented co-workers!
Developer Evangelist
Integrations Engineer
Both roles are full-time, 100% remote opportunities to work with the most talented crypto team worldwide!
Apply here.
Bridge, Swap, LP and Buidl with Connext.
About Connext Network
Connext is a modular interoperability protocol that lets you build secure cross-chain apps (xApps).
Website | Twitter | Medium | Docs | Connext Scan | Wiki (Community Owned)
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