Meowing our way to @0xMantle ๐บ
๐ ๐พ Mantle is the purr-fect destination for #BUIDLing, and we're excited to announce the launch of Catizen on @0xMantle | @0xMantleEco ๐ฎ
Join us in the Kitty Metaverse for a treasure trove of airdrops and enigmatic rewards! ๐๐ stay tuned for meow show time ~
Thanks to @rogozov (founding member of TON Foundation, CEO of TOP Labs) for mentioning and affirming Catizen today!๐บ
๐ปCatizen is honored to be an excellent case in TON ecosystem, and the Kitty Metaverse is getting better and better with everymeow's support!โค๏ธโ๐ฅ @ton_blockchain
๐ฃ Catizens!
Catizen going online for less than 1 month, we have amassed 2M Catizens in Kittyverse!๐
๐ฅHere are some data we'd like to share๐ฅ
๐พ Total In-Game Catizens: 2M
๐พ DAU: 422K
๐พ On-Chain Meows: 193K
๐พ On- Chain Transactions: 2.3M
๐บ Kitties witness and accompany @ton_blockchain 's growth. The cat spaceship is about to depart, stay tuned!๐
๐ Excited to team up with @UltiverseDAO for an exclusive #airdrop campaign ๐
Dive into an AI-driven world now๐ฎ๐ฅ
๐ช10M $ULTI rewards pool
๐ April 15 - 30, 10AM UTC
๐ฑDL App & visit Giftbox: https://t.co/fBj8jI8KoF
๐More info: https://t.co/iS7ZXCRNlL
#SFP#SafePal#UItiverse
๐ Excited to team up with @UltiverseDAO for an exclusive #airdrop campaign ๐
Dive into an AI-driven world now๐ฎ๐ฅ
๐ช10M $ULTI rewards pool
๐ April 15 - 30, 10AM UTC
๐ฑDL App & visit Giftbox: https://t.co/fBj8jI8KoF
๐More info: https://t.co/iS7ZXCRNlL
#SFP#SafePal#UItiverse
Some of the homies missed the mint so @traf and I are giving away 5 Based Punks to our favorite remixes
Reply to this tweet with your design
Winners will be announced in 24hrs
Schematics below
@DragonX_HQ Very brilliant & interesting project. I really excited for this airdrop Its community is fast growing. This has definitely huge potential as well. And i hope this project to the moon sir.
@hosseinniseh
@sajad1101101
@pouy
Jupiter: Let's Go!
Hello space catdets! Over the last few months, we built a robust community of catdets with a common vision, scaled up our infrastructure to handle many levels of volume, tested a lot of things together, and overcame a hell lot of adversity together.
And now, we are ready to start the next phase of our journey - going to Jupiter as fellow space catdets, because that's where the meta is!
Over the month of Feb, we will kick off the key J.U.P. initiative, product updates and introducing launchpad candidates to the community. These includes:
1. Initializing the DAO with operational funds and participation incentives
2. Introducing the first set of LFG candidates to the community
3. Rolling out a series of updates across our product lines
But before we get started, as any good space catdet would know, logistics comes first, then plans, then next steps.
Launchpool Logistics
Over the past 7 days, our DLMM Launch Pool has been stabilizing wild price swings and allowing airdrop recipients and early buyers to sell into the pool if they choose to.
However, this pool is not good for price discovery, due to the buy and sell walls on both sides. This position was supposed to be there for 3 days, however uncertainty in the Launch Pool mechanism led to the decision to extend this to 7 days, for retail holders and buyers to learn more about the launch pool mechanism
At the time of writing, our liquidity position is approximately 96,164,550.29 JUP and 69,927,955.07 USDC.
1. As communicated, the 96M JUP tokens will be removed and sent to cold multisig immediately.
2. USDC will be removed in $10M batches, starting today, over the next few months.
This will allow the JUP to regain price discovery while assuring all participants that the team is committed to a long-term gradual withdrawal of USDC liquidity.
J.U.P.: Jupiter United Planet!
Jupiter has 3 key components:
1. https://t.co/XofRemxoG5 -> the best exchange in defi
2. $JUP -> the governance token for jupiter and symbol for defi 2.0
3. J.U.P -> where all catdets, ecosystem working group and the DAO lives
After spending years on https://t.co/cI8DhJekj0, last few months on launching $JUP, our core focus now turns to building up the third component - J.U.P, which is a combination of the community, an effective working group and the DAO, because it is the combination of these 3 aspects that we can truly have a decentralized community that is also
Jupiter DAO
The goal for the Jupiter DAO is to incrementally evolve it into the most dynamic, most productive and proactive DAO in space - moving not just Jupiter forward, but also Solana and crypto.
This is possible because Jupiter has an extremely broad holder base, is the most used trading platform and has no collective voting blocks. And of course, we catdets have a common, sincere vision in helping bring the decentralized meta forward.
The JUP DAO initially would focus on evaluating and approving launchpad projects, ratify budgets for working groups, approve grants, and release budgets for ongoing community and ecosystem initiatives.
To encourage participation in the DAO, the entirety of the launchpad fees earned from the JUP launch (100M JUP) will be allocated to governance participants over the course of the first 6 months to a year, in the form of governance incentives.
To cover initial operational needs of the DAO (including working group budget), 75% of all DLMM fees will be transferred to the DAO. For example, the JUP DLMM pool earned 8.2M in USDC, of which 6.15M USDC will be given to the DAO for operational needs.
https://t.co/TtPCKI7jLO
Therefore, the DAO will start with approximately 100M in JUP for participation incentives from and about 7M in operational funds from DLMM fees.
On an ongoing basis, launchpad fees from LFG projects will be distributed to governance participants as well, while DLMM swap fees will be allocated for operational needs.
There are a very large number of details to cover here, including voting/locking mechanisms, participation reward distribution, and also clear documentation of fund transfers, so we will discuss as a community how to move forward on this, tho we expect to see this set up and voting started before the end of Feb.
We are extremely excited about the above, since the DAO will now have the capital, incentives and mandate to really drive a lot of initiatives and ideas forward.
While the DAO is obviously the center of attention, we will need to have a very strong working arm and a community to back it up. As such, we will be introducing the Jupiter ecosystem working group and a special catdet role and channel in discord.
These are all things that we have been working extremely hard on setting up behind the scenes over the last few months, and super excited to roll it out!
LFG Candidates
LFG is our initiative to grow the pie by helping great projects get the awareness, community and users to thrive in the long term. It is therefore crucial to remember that LFG is a community initiative - the team should play NO ROLE in deciding if a project is suitable to be launched.
It is up to the community to vet, discuss and decide if a project should be launched on the LFG platform.
To kick off early discussion in this initiative, we are bringing 3 OG projects to the community to introduce themselves, share their plans and potentially launch their tokens.
@sanctumso is building an infinite-LST future, tapping into innovative liquidity sources to drive liquid staking and DeFi. With experience building the first SPL program used by stake pools, and liquidity sources like https://t.co/67ak56B2ZS. They are currently building the most capital-efficient LST liquidity pool known as Infinity, with the goal of turning all staked SOL liquid.
@SharkyFi is a top NFT collateralization platform on Solana, allowing NFT holders to borrow and lend against NFTs to acquire leverage or earn yields. Born on Solana, Sharky is expanding to other chains (EVM & BRC20) and asset classes (RWA/DeFi) and tap into new underserved markets. They are expected to complete BRC-20, EVM deployments, alongside new offerings for RWAs and Mortgages by the end of 2024.
@deBridgeFinance provides cross-chain infrastructure that brings the most powerful bridging experience. Users can trade assets across chains in seconds, without wrapped assets or liquidity pools. Their 0-TVL design drastically limits attack surface, and reduces the incentives necessary to bootstrap a bridge. This empowered them to build DLN, a cross-chain exchange that taps into liquidity everywhere.
Over the next 2 weeks, we will be introducing these projects to the community via a variety of channels, including a townhall, a special channel for each project, and twitter summaries as well.
For other projects that wish to be involved, there will also be a channel to apply as well, so please keep a lookout for that as well!
Again, we aim to be as inclusive as possible, so it is very important that there is a channel for everyone to easily apply and participate as well.
Last but not leastโฆ.
I want to be emo here and say a huge massive thanks to the team, community and ecosystem supporters who have been extremely supportive in the past few weeks. It would have been completely impossible to do any of these without the heart, soul and love everyone has been pouring into this. Going to Jupiter is a task that requires the collective efforts of an entire united community, and I am extremely grateful to be taking part in this journey with everyone.
As explained previously, our strategy at Jupiter is very cat brained and simple:
Best product
Best community
Best memes
Best ecosystem
Best team
We can do this.
Let's go!
Love,
M
๐ Giveaway: Win 140,000 cheems! ๐
Get a chance to win 140,000 cheems (worth $70) in our latest giveaway!
How to Enter:
1. Play our new sex game:
-you just have to send a minimum of 2k $cheems to sex.sol ๐ฅต
(50% chance of 2x // 50% chance of rug)
-Join our discord to see the result in live.
2. RT & share your coinflip result in the comments ๐
Winner of the cheems will be announced in 48 hours
These past weeks were full of exciting events, and we want to make sure you don't miss out. Here are the highlights so you can stay updated.
[1] Stress Capital DAO offers diverse info - from crypto, philosophy to psychology. We talk, laugh, and build a friendly community. Our founder @ItsAdvena, provides insights to the members about the importance of continuous learning. Eager to learn more?