Connext Weekly #70 - Bungee Integration, Ecosystem Portal, LP Campaign #2, New ATH
May 15-24, 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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Total Value Locked Hit >30M USDT!
Last week, the total value locked in Connext Network pools just hit over $31,000,000!
We have witnessed so many partnerships, campaigns and horizons has been released by the Connext Core Team & its partners since the protocol upgrade in February, and can not wait to see what the summer holds for all of us as the Connext Community!
Connext is On Bungee Exchange!
Bungee, a bridge aggregator that provides the most efficient routes has integrated Connext to offer users a secure way to move their assets between chains.
Read more about the integration here.
The Connext Ecosystem Portal is live!
Connext Ecosystem Portal is a one-stop resource for the broad community as we see rapid growth and continuous efforts in integrating innovative solutions.
Now you can explore the range of xApps that are pushing what's possible to do on a crosschain level - while remaining trust-minimized.
Building on Connext want to get listed? Reach out to the Team on Discord.
Now Claimable: NFT for the LP Campaign #1
Now the eligible users who made it to the top 30% LP for each chain (Both USDC & ETH ) can claim their NFTs! Go to the Galxe page, see if you are eligible and claim your NFT from LP Campaign #1.
New Campaign: Add $DAI or $USDT LP to Earn NFT #2
Earn yield and NFT on your USDT/DAI by providing liquidity on the pools on Optimism, Arbitrum, BNB, Gnosis and Polygon.
Provide liquidity in either USDT or DAI on any of the chains supported during the 45 days of the campaign (The campaign ends mid-July) and have LPed for at least 30 total days out of 45 days
Be among the top 30% of liquidity providers in the USDT or DAI pools
There will be a SPECIAL NFT if you participate in both LP Campaigns #1 and #2! Read more about the campaign here.
Earn an Alpha Insider NFT by Using Connext!
Alpha Insider started a Spring Campaign on May 15th exclusively on Layer3xyz and Connext's quests went live on Day 6 (May 21) of the campaign.
Find the quest here. Steps to be eligible for the Alpha Insider NFT:
Bridge $50 USDC/USDT from any chain to any chain.
Add 20 USDC/USDT liquidity to any of the pools
Hold for 5 days
Join Connext Discord https://discord.com/invite/connext
Follow @AlphaInsiders and RT the first Tweet
Claim The NFT
Find more details here.
#Next Wave Of Twitter Spaces Are Here!
The latest session of the How To Build A DAO series was "Onchain Liquidity" with Mark, Project Lead of Bancor and Carbon Defi!
Listen the conversation here.
Next Stop in Community Meet-ups: Let’s Connext in Delhi!
Connextors in Delhi, India had a terrific in-person meet-up event! Sanchay Mittal, Tech Lead of the Connext Core Team, Connext Ambassador Aryan, and many more significant people from the Indian blockchain scene were there.
Thanks to our big Connext Indian Community of Connext for organizing this event!
From the Connext Community
https://twitter.com/KirbyLarp/status/1658356551550156805?s=20
https://twitter.com/eigenlayer/status/1658914212717170688?s=20
https://twitter.com/GnosisGuild/status/1659221785521315843?s=20
https://twitter.com/ConnextNetwork/status/1659306205469196288?s=20
https://twitter.com/beerdoodesceo/status/1659538892591345671?s=20
https://twitter.com/nero__sensei/status/1659898555107012609?s=20
https://twitter.com/keshvism/status/1659901543632568321?s=20
https://twitter.com/prode_eth/status/1659982318377861120?s=20
https://twitter.com/GrowWithPassive/status/1660921731219959811?s=20
https://twitter.com/definovato/status/1661010269689245699?s=20
https://twitter.com/FujiFinance/status/1659574634231242754?s=20
https://twitter.com/BungeeExchange/status/1661016766603231235?s=20
(Tweets are not viewable because Twitter API is currently disabled on Substack.)
WEEK #70 BY THE NUMBERS
TOTAL VALUE LOCKED (TVL): $31,849,100
TOTAL VOLUME: $85,340,427
TOTAL TXS: 101,813
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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