Connext Weekly #69 - Support For DAI and USDT, New LP Campaign, AlphaInsider Spring is Here
May 5-15, 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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New Assets Support on Connext: $DAI and $USDT
In response to the needs of Connext Community, support for $DAI and $USDT has been added. You can now securely move cross-chain on Connext Bridge!
Bridge USDT and DAI from any of the connected chain
Participate in the new Galaxy LP campaign #2 that started on May 9
There will be a SPECIAL NFT if you participate in both LP Campaigns #1 and #2!
If you are eligible to claim one of the NFTs from the first campaign (Needed to be in the top 30% LP)
You continue to keep holding either USDC or ETH LP during the second Connext LP Campaign until the end (End date: 23rd of June)
Read more about the announcement here.
Connext Is Joining Alpha Insider’s Spring Campaign!
Alpha Insider is starting a Spring Campaign on May 15th exclusively on Layer3xyz and Connext's quests will go live at 1 PM UTC on Day 6 (May 21) of the campaign.
Make sure to participate and get a chance to earn some exclusive NFTs & Rewards!
Find more details here.
#Next Wave Of Twitter Spaces Are Here!
The second session of the How To Build A DAO series was "Operations" with Aave and Aragon Project!
Listen the conversation on running a DAO on a daily basis, how to coordinate people, and objectives here.
Fuji Finance Released Its Beta Version
Powered by Connext: Fuji Finance, the first cross-chain lending aggregator is beginning to release its first version of the V2 (internal beta launch)!
With cross-chain lending and borrowing, users can borrow funds on one blockchain network and use them to invest in another. This opens up a world of possibilities for DeFi investors, enabling them to take advantage of opportunities on multiple networks.
What’s #Next?
Launch of the Fuji’s end-to-end UX redesign is just around the corner, follow Fuji Finance to catch up with the latest news.
Join Naoda X Connext AMA on Twitter Space
Get ready to kick off the educational series and learning with NAODA X Connext.
Twitter Space session on 16 May at 20:00 UTC+9
Set up your reminder here.
Join Tide X Connext on Twitter Space
Together with Tide, Max Lomuscio from Connext Core Team will talk about Connext, Bridge landscape & web3 community growth.
Make sure to tune in on May 17 at 4 PM UTC / 12 PM EST
Set up your reminder here.
From the Connext Community
https://twitter.com/FujiFinance/status/1655968214667460608?s=20
https://twitter.com/defiantApp/status/1656077388537634818?s=20
https://twitter.com/paul_ironforce/status/1656383843140620317?s=20
https://twitter.com/TimbreSociety/status/1656637813155311617?s=20
https://twitter.com/0xMetaMerch/status/1657008359936258049?s=20
https://twitter.com/safe/status/1657432361363972098?s=20
https://twitter.com/ConnextNetwork/status/1657642651305246720?s=20
https://twitter.com/calchulus/status/1657963769673453568?s=20
https://twitter.com/link3to/status/1655863106701258753?s=20
(Tweets are not viewable because Twitter API is currently disabled on Substack.)
WEEK #69 BY THE NUMBERS
TOTAL VALUE LOCKED (TVL): $29,055,475
TOTAL VOLUME: $67,543,058
TOTAL TXS: 80,194
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).
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