our love was real and irreplaceable. he took such good care of me. since losing him my life has just gone down hill completely. i lost the apartment we had together. i have no job. i have nothing. i don’t know know what to do with myself anymore. im at such a loss 💔💔💔
i miss @_DreamNetwork 💔 just want to be with him again…everything was perfect. we had our whole lives planned together….my heart is forever broken and i see no point of living without him. he was the only relationship i had been in where i wasnt cheated on or abused.
We recently held a @polkadex council meeting to discuss several important matters, and I'd like to share the details. There were three main areas of focus: transitioning to the next level of decentralization, current and future development, and financials which should build value for our community
Before delving into what gets me most excited, let's address the next step in decentralization. In light of the recent #SEC action towards #uniswap, it's crucial to emphasize the importance of achieving a level of decentralization that authorities can't easily shut down. Our next transition aims to transform into more of a DAO, where governance votes govern everything from advertising champaigns, the next assets to add, to team funding.
Regarding development, significant progress has been made and will continue. Our main focus is integrating more trading pairs from other L1s, starting with $ETH #ERC20. Becoming a multi-chain DEX will unlock substantial value. However, this endeavor requires cooperation between wallets like #MetaMask, thorough security audits, and testing. We anticipate native #ETH integration within a few months.
Now, onto the exciting part: revenue, buybacks, and #staking. Our DEX collects fees from trades, which are deposited into treasury wallets requiring council votes to access. While several options have been proposed, none are active or voted on yet. Each trading pair accumulates fees in its respective asset, which we aim to leverage wisely. One of my unofficial proposals involves stacking and staking the collected $DOT, with half of the rewards compounding to offset DOT inflation, and the remainder allocated for various purposes such as covering #Coretime expenses, buying back $PDEX for burning, building liquidity, and funding team/devs. Other assets like $iBTC, $PHA, $ACA, etc., may also be sold to buy back #PDEX for burning or fund the aforementioned actions. As we prepare to add native $ETH and accumulate its fees, we'll brainstorm on how to allocate those, along with future assets.
Our goal is to deliver substantial value to $PDEX holders through these mechanisms. The most challenging part has been completed: the DEX is operational and functioning properly. As additional pairs are introduced and more users participate, we anticipate a more than linear increase in revenue. This, in turn, will progressively enhance value for the community.
#Polkadot
🗓 (Tri)weekly update Jan 15 - Feb 4th 📝
Business updates
🪙 @MoonbeamNetwork's GLMR/USDT pair listed
🔥 Referendum to burn 1m PDEX passed
💹 @PolkadotInsider published a OB December volume recap
📊 https://t.co/eU9NoZK5dR is live
🔗 New wallet connection guide released
📑 Criteria and documentation for future token listings through the governance process in progress
👥 Surpassed 7,000 PDEX holders and 1,200 registered Orderbook traders
Dev updates
💹 Orderbook
New ‘Wallet Connect’ component released
Email signup and login removed
Fixes from beta testing and internal testing implemented
Trading Fee testing in progress -> deployment to internal testnet soon
Orderbook UI upgrade to Hestia version design and code conversion in progress
⛏ Liquidity Mining Program
Designs for LMP scoring analytics and reward claiming finalized and converted to code
Backend testing in progress
Frontend integration to begin soon
🌉 THEA
After testnet deployment and internal testing and benchmarking, Ethereum connectivity code deployed mainnet
Runtime upgrade scheduled and executed successfully
ETH deposits and withdrawals currently being tested on Sepolia
Automatic claiming of THEA deposits enabled
Relayer issues causing delays in THEA transfers fixed
THE NEW POLKADEX CROWDLOAN IS LIVE
💪 The mission 💪
Renew Polkadex's parachain lease
💰 The reward 💰
3 PDEX per DOT (up to 50k DOT rewards cap)
Contribute now 👇
https://t.co/FWiyDoSg5F
TOP PROJECTS BY LINKED PARACHAIN CHANNELS ON POLKADOT
Parachain projects on @Polkadot can connect with each other with the #XCM Channels, and projects can connect with more than 1 other
🚀 Unveiling the Power Players of Polkadot!
🌐This infographic reveals the Top Projects fueled by linked #parachain channels
🤩 Ready to explore the epicenter of blockchain innovation? Dive in now
#Polkadot #DOT
THE TREASURY GRANTS OF POLKADOT PARACHAIN ECOSYSTEM
🚀 Dive into the heart of @Polkadot Ecosystem with the latest Treasury Grants
🏦 Treasury of an ecosystem normally will be used for developing the ecosystem itself. Polkadot is also the same with a bunch of DAO treasury
👉Check out some notable parachains/ projects ranked by the amount of treasury they have
#Polkadot #DOT #parachain
Getting $USDC on Polkadot just got waaaayy easier thanks to @binance’s integration of USDC AssetHub deposits and withdrawals!
Anyone have any ideas for USDC trading pairs on #PolkadexOrderbook? Let’s hear’em 👂
Hats off to any teams that have survived the crypto winter. Not easy. Lots of hard work goes into these projects. Look forward to $PDEX and $DOT ecosystem getting to shine this bull run.
⚙️ The runtime upgrade detailed in the tweet below has now begun 🛠️
🔴 Remember, THEA deposits and withdrawals will be unavailable for the duration of the upgrade.
🟢 Trading on Orderbook remains functional. In fact, 24 hour volume is at a weekly high!
Don’t miss out on the dawn of a new era in decentralized trading happening @polkadex OB. Imagine a Cex like orderbook ( fully decentralized under the hood) that you can connect to directly with your wallet. Web 3 at is finest.
#pokadex#Dex#OB#Dot
The new wallet connection is now live for open beta testing!
📵 No email registration
🔗 More wallet options
🙌 Simpler onboarding for Web3 natives
Drop into the open beta channel on the Polkadex Discord to get your hands on it & share your feedback
👉 https://t.co/XERyngNlgu