We are back online! 🟢
The Zentra app maintenance has been successfully completed.
You can now jump back in to supply, borrow, stake, and manage your positions as usual.
The Zentra app will undergo planned maintenance on June 25, 10 PM – 12 PM UTC.
During this window, all functions (supply, borrow, stake, unstake, withdraw, repay) will be temporarily paused.
Please manage and adjust any high-risk positions accordingly to ensure safety. 🟠
Don’t sleep on the Citrea ecosystem.
We’re soon launching a unified discovery platform for the ecosystem.
Later on, we’ll also unveil another product currently in stealth that we believe will help grow the ecosystem as a whole 👀
New to Citrea?
This is your start to finish guide: how to bridge your assets onto the network, and how to put them to work earning yield on Zentra.
Bridge → swap → lend → stake, in a few simple steps.
🧵
The first $ZNT bribe is deposited and the game on Citrea officially begins.
With @SatsumaDEX launching their token model, the Zentra flywheel is officially spinning.
Let’s break down exactly what this means for $ZNT stakers and $SUMA voters. 👇 🧵
Total Supply on Zentra has crossed $1M Just days after the LGE concluded.
Thank you to everyone supplying and growing with us!
More news coming next week 👀
If you don’t want to sell your bitcoin:native , you can just borrow against it on @ZentraFinance !
Supplying to Zentra currently gives 42% yield!
Use Zentra!
Liquidity is live on @SatsumaDEX !
Staking is live! You can stake your $ZNT to have a share of protocol rewards, weekly!
Incentives are live!
You can earn $ZNT for supplying/borrowing activity!
Everything’s live!
We are live!
30 mins to go for LGE!
So what will happen next in 1-2 hours after LGE:
- We'll deploy the LP on Satsuma from multisig
- After LP is deployed, LGE claims will be available on front end
- After the claims and LP is there, incentives for money markets will start.
- We will also bribe Satsuma for their first epoch.
There will be no rush. You can just sit back and relax.
It's a comfy launch, so be comfy
We just hit 1M $CTR and counting!
We are building something we actually want to use in DeFi, and it is incredible to see the community aligning with that vision.
There is still time to join: https://t.co/sJ0IZ9F4gD
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There are a lot of question about LGE and @ZentraFinance , so I think it's better to explain everything in a tweet!
So in its simplest form, LGE is a discounted presale, but instead of getting the money as a direct investment, we seed the liquidity pool in @SatsumaDEX.