🚀𝗪𝗲𝗲𝗸𝗹𝘆 𝗨𝗽𝗱𝗮𝘁𝗲 𝗳𝗿𝗼𝗺 𝗢𝘂𝗿 𝗣𝗮𝗿𝘁𝗻𝗲𝗿 𝗚𝗣𝗧 𝗪𝗮𝗿𝘀! 🚀
🔥 Exciting things are happening at GPT Wars! Here's what you need to know:
1️⃣ They’ve officially launched their pre-alpha on Hyperplay! Check it out here! Their tweet got massive support with over 450 RTs and comments from KOLs.
2️⃣ Over 7,000 real organic users have already been whitelisted for their freemint, thanks to distributing WL spots across 700+ NFT communities!
3️⃣ They’ve just announced a new investment from Maven Capital! 🎉 .
Stay tuned for more exciting updates with GPT Wars! 🚀
#redkite #launchpad #RedKiteLaunchpad #CryptoCommunity #GPTWars
♾️ OneFinity Development Update
Breaking boundaries was the objective and this is certainly what’s been achieved. From inception to Testnet, 6 months of dedication and hard work have prevailed!
🔗 https://t.co/hKbbM0PpNW
Check out our latest Medium article highlighting how #OneFinity was developed, refined and primed for cross-VM compatibility. 🔥
The next-gen blockchain combining EVM and MultiversX VM for seamless cross-chain smart contract communication.
🔘 Fast, secure, low-cost and scalable
🔘 7,000 TPS and 1-second blocks
🔘 Built-in MEV protection powered by Proof-of-Stake.
OneFinity, where performance meets user experience. ⚡
#Ethereum #EVM #multiversx
🎉 Join the much-anticipated return of the Proteo Elite Pass NFT Jackpot! 🔥
💰 Purchase 25 #sProteo or the same in $EGLD for a ticket. One ticket per wallet.
Hurry! Only 100 tickets available 👇 🔗
https://t.co/7M27fGkT1x
🎉We're thrilled to offer 2 NFT Aristaeus from @Globees_Project
1️⃣ Tell us your favorite feature of Globees in comments
2️⃣ Like, RT & Tag 2 friends
Draw April 1st - 18h UTC
💚 Discover Globees, a seasonal rental platform, where RWA meet web3
https://t.co/56hIoLA8OI
#MvX
"wen bullish news dev?"
here are some of the most important milestones i'm looking forward to, creating a #DeFi superwave on #MultiversX 🌊🔥
1. @HatomProtocol: TAO bridge, USH decentralized stablecoin, Soul cross-chain lending, Booster V2 ⏳
2. @OneFinityChain: EVM compatible sovereign shard with financial services ⏳
3. @ash_perp: decentralized derivatives and perpetuals protocol ✅
4. @dx25labs: concentrated liquidity market maker boosting ecosystem liquidity efficiency ⏳
5. @xExchangeApp: v2 launch with simplest DeFi experience ⏳
6. @liquid_egld: flash loans ⏳
7. @jewelswapx: energy dao, more modules ⏳
8. @autoscale_: decentralized savings platform ⏳
9. @JEXchangeDefi: permissionless pools & farms, incentives ⏳
10. @ash_swap: sovereign shard interoperable with Cosmos ⏳
#EGLD ecosystem about the explode this season
and hey, this is just one vertical 💥
@ZoidPay is awakening - are you sleeping on it?
The SuperApp is getting much closer.
✅ Cards - including Jurisdictions that xPortal cards aren't currently available e.g. UK as per telegram channel clarification
✅ IBAN - Store your EUR & USD (GBP to follow)
✅ Crypto-Fiat On Ramp & Off Ramp
✅ Support for ETH, BNB, BTC & EGLD chains
+ More
What can you do with your ZPAY if you decide to buy some? You can add it to shopping pools, or you can increase the EGLD-ZPAY liquidity and earn an APR from there.
Shopping Pools
Staking ZPAY is done through shopping pools. There's an Ecosystem of these where you can stake your ZPAY for more attractive Yields than xExchange Metastaking rewards.
You can decide to lock your tokens for longer, for a higher APR.
There are plenty of Pools, these are some sorted by APR for example.
Shopping pools will be equipped with DeFi modules for loan offerings and will also be able to offer Buy Now, Pay Later loans. These with benefits to the SPO operators. This is a big market if AFRM (approx 12B valuation) and Klarna (approx 7.5B valuation) can attest to, so it will be interesting to see how ZoidPay navigate this space after the launch of the SuperApp.
If this becomes successful, it brings the token to an in-demand real-world use-case.
ZPAY Farms
Alternatively you can add liquidity to the EGLD-ZPAY pair and stake it. The yield depends on the amount added + the duration of the optional lock-up, if you choose to lock your funds - It ranges for 23% to 36%
This is subject to Impermanent Loss (IL) - So please understand the implications before adding liquidity.
These APRs can be boosted with Zoidster NFTs
An Extra 50% in my case, for sniping this NFT from XOXNO.
Elephant in the Room 🐘
Yes, the Token has dropped monumentally since its launch for a number of reasons. We've gone through a bear market and it takes time to build a meaningful product.
For better or worse, rather than take an incremental approach with the wallet, push something out and iterate on it, the team have been building for quite some time now. The token price action since the bull, coupled with the time to launch the Super App has caused some disappointment in the community.
There have been some heated conversations over time with respect to funding grants and ZPAY trading volume.
In any case, what I see is that the team has persisted in building throughout a tough bear market and where there are emotions and disappointment, there is often opportunity too.
@eduardoneci has been quite transparent and consistent with the updates on what the team is working on, which is reassuring to see.
As the date nears, I'll be looking to try out the SuperApp when it becomes available.
ZPAY Valuation
FDV 7.4M with Current MC at approx 3.5M
45.6% of the Max Supply has been issued, with the remainder for incentives + rewards
The team has been building throughout the bear market.
If the team can survive the bear, they most certainly can survive the bull 🤝
I'm hopeful that a functioning app can see a turnaround in the fate of Zoidsters, Shopping Pool Owners and ZPAY. Best of luck to the team for all the effort they've been putting in creating this product for so long.
It goes without saying that there is no financial advice in here and DYOR before committing any of your funds anywhere.
From my point of view ESDT tokens shouldn't be faded and it is accumulation time for them.
The whole #MultiversX ecosystem will be coming back strong this summer 🚀