Introducing MUSD: The Holy Grail for Elastic Tokens
TL;DR: The giga brains at Mono figured out a brand new concept of over-collateralized elastic tokens that could gain double yield compared to Blast's USDB.
Read the full article 🧵 https://t.co/RxcKKe9QiO
MonoSwap continues to prove its sustainable growth in the ecosystem.
In the first week of testnet, MonoSwap executed over 18,500 transactions from +7200 users with more than 83 ETH distributed via its native faucet.
Are you ready for the next week?
BlastOff is an innovative Idle Yield launchpad and aggregator on the Blast network, offering unique features like Blast Native Yield and YZone for maximum user yield.
🗓 #IDO | February 27, 2024
🪪 KYC to join IDOs: https://t.co/xoIxixfBEa
⚡️ Check the guide here: https://t.co/531mnGDTQ0
Follow @blastozone
📜https://t.co/F8ljjq5YeJ
🌐https://t.co/vYDL7SYyLO
🚀 UNVEILING THE POWER: BLASTOFF JOINING THE PARTNERSHIP WITH RED KITE 🚀
We're thrilled to partner with @blastozone, marking a significant milestone in the web3 landscape.
🌟 Not just a launchpad, it's an innovative platform and yield aggregator built natively on the Blast Network.
🌟 BlastOff key products:
- YIDOs: Stake ETH/stables directly or via YZone, allocating yield towards YIDOs on BlastOff.
- YZone: Boosts available yield opportunities on Blast.
💎 Together, we will bring BlastOff IDO to you this month.
👉 It's time to get ready for the big explosion with $300,000 $OFF IDO on Red Kite. 🥳
BlastOff Idea Farming: Episode 3
8th Feb 2024 @ 12pm UTC live on Twitter spaces
Featuring:
@CyberFinance__@BlasterSwap
@kangiten_co
Join us and listen to some of the biggest innovators in the space talk everything @Blast_L2!
ps: listen out for the secret word in the episode for a big points reward in our Galxe👀
Excited to launch "Discover, Challenge & Play" on Taiko! 🎮✨
We heard you loud and clear; you want more games to play on Taiko! 🕹️
We invite you to join our latest campaign for some education, challenges, and fun, all powered by @Galxe ⚡️
Announcing BlastOff Idea Farming!
For the next 8 weeks we're on a mission:
1. Build the largest Idea Hub on #Blast
2. Help builders with the Big Bang hackathon and highlight the most innovative projects
3. Bring the best ideas to life
How to participate?
1. If you are already building - reach out in DMs, we’ll be organising a weekly community Twitter Space to discuss projects and their ideas
2. If you just have a great idea of what can be built with Native Yield on Blast please apply here: https://t.co/yHclInISNt
Let's innovate together.
Best projects will get additional support from us as the first launchpad on Blast, from our VCs and also key partners. This network is here to transform your groundbreaking ideas into reality, accelerating the growth of the @Blast_L2 ecosystem.
Best Ideas from Galxe submissions will be rewarded with our Blast native token airdrop, $OFF.
We’re targeting every sector of the space, pushing the boundaries of what we can achieve together. If you believe in Blast like we do, now is your time to join the movement.
Prepare to BlastOff.
Our "Deciphering BCR" campaign is now live on Galxe!✨
Understand the intricacies of Taiko’s Based Contestable Rollup (BCR) design and test your knowledge! 🧠
Challenge yourself with our quiz, explore our ecosystem partner showcase, and earn points! 🎁
Meet BlastOff: The first native launchpad and yield aggregator on Blast powered with future yield.
Leveraging native yield benefits of @Blast_L2 we are building the best place to launch new projects, earn yield and reshape yield access.
Learn more and participate early
We are thrilled to announce our @Blast_L2 integration is live NOW!
Mint your inaugural BLAST NFT here 👇
https://t.co/FxAb3s90Su
Stay tuned for more BLAST missions coming soon 👀
We are delighted to partner with @SpaceIDProtocol to integrate the .bnb domains into zkBridge. 🌈
Users may simply enter .bnb domain names as the recipient address to enjoy full interoperability and data availability powered by #BNBGreenfield and #zkBridge.
Super excited to integrate zk light client with
@LayerZero_Labs. Now any cross-chain application can leverage the power of zero-knowledge proofs with a simple configuration update on LayerZero. Our strategic partnership will unlock the full potential of Web3 interoperability.
"Very few applications on Solana feature built-in bridging, but the landscape is evolving. Phantom and Jupiter are at the forefront of this change, embedding bridging functions within their services." - The State of Solana’s Bridging Landscape
Currently, in-app bridging isn't widespread in the Solana ecosystem, with only a few apps like @DriftProtocol, @marginfi, and @birdeye_so offering this feature.
But as user demand for bridging to Solana grows, we can expect more apps to adopt in-app bridging for a smoother user experience.
Here are some apps that are at the forefront of this shift:
- @JupiterExchange Bridge Comparator Tool & @wormholecrypto Integration
Jupiter launched Bridge Comparator with the goal of making it easier for users to move funds to Solana from other chains.
The Bridge Comparator offers users a platform where they can compare the quotes on bridging and cross-chain swap orders to Solana in a single place.
The feature has been widely lauded by the Solana community for its simplicity, chains supported (9) and the details it offers in terms of showing output price, expected time, gas usage, and bridge provider’s fee.
Moreover, earlier in December 2023, Jupiter announced the integration of Wormhole Connect on its bridge page, enabling users to bridge from Ethereum to Solana with 0 slippage.
This integration is expected to be followed by the integration of @circle CCTP when it goes live on Solana.
- @phantom's Cross-Chain Swapper – Powered by @lifiprotocol
In November 2023, Phantom launched Cross-Chain Swapper, an in-wallet bridging feature that allows users to move funds to Solana from EVM chains like Etheruem and Polygon (and vice versa!).
In-wallet cross-chain swaps offer users the convenience of finding the best rates across bridging solutions for their cross-chain swap order without even leaving the wallet interface.
This reduces the time users have to spend finding the right bridge and makes it simple for anyone to move assets to Solana.
The Cross-Chain Swapper has been a huge hit with the community and has already facilitated close to $41M in swaps.
With easy to integrate tools from bridges like @wormholecrypto with Wormhole Connect and bridge and DEX aggregation API / SDK offered by @lifiprotocol, we believe in-app bridging will become a standard feature in the Solana ecosystem in the near future.
For developers looking to enhance their applications with cross-chain capabilities, consider integrating our API for simple and fast cross-chain swaps!
To understand the full potential and get detailed insights, make sure to read our latest report on the state of bridging in the Solana ecosystem 👇
Bridge to @base to earn your @jumperapp x @base NFT which enters you into a raffle for a HoneyComb NFT 🐻
📅 26th Jan - 2nd Feb
🏆 @0xhoneyjar HoneyComb NFT 🍯
🔗 https://t.co/hfwUoIBHlZ
We've launched our latest campaign on Galxe ✨
Get started with Katla: Dive into Taiko’s A6 Testnet with Bitget Wallet 🛠️
• Learn about Taiko's new A6 testnet
• Take a quiz
• Experience Bitget Wallet on A6
Collect points & enjoy the journey! 🤓
More details ⬇️
Introducing Tachyon! ⚡️
ZK Proof Generation is slow and expensive. Our solution?
An Open source ZK-SNARK library that is blazing fast, general purpose, GPU interoperable, and easy-to-use.
Learn more 👇 (Thread) https://t.co/ufXqK2eyg4
Users, developers, and validators can engage with the testnet through Galxe's Quest platform. The Galxe Quest platform will feature activities involving the core chain, its enshrined applications, and projects building in the ecosystem.
https://t.co/uZtGRKa6TJ
Kroma Quest begins NOW!
It’s a 9-week @Galxe campaign that enables users to learn more about Kroma and explore the Kroma ecosystem.
Join Kroma Quest via the link: https://t.co/Nmskpk7vsx
More about Kroma Quest 👇