#41 - Cryptex Finance Weekly Newsletter
Informing the Community about the latest developments from Cryptex, creators of Total Crypto Market Cap token, TCAP.
Hello everyone, welcome to the weekly Cryptex Finance newsletter! These newsletters serve to inform the community about what’s new from Cryptex, and what we’re building for the future. This includes information on developments, new integrations, partnerships, and more. If you have any questions for the team you can find us on:
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Future Developments
May 17th
This One Will Engulf Reality.
Featured
Key Numbers from our First Year Live 👀
TCAP Mint/Burn Transactions: $184,060,000
CTX Trading Volume (Coinbase, Huobi, Gemini, Sushi) : $472,883,007 Total Protocol Volume: $656,943,007
First-year (April 2021-22), DAO operations generated $2,645,784.47 in revenue to the Treasury. The DAO has current cash and ETH equivalents on hand of $1,087,263.79 to fund proposals as voted by the DAO community. The DAO’s current borrowings and external debts remain at $0.00.
An additional 527,668 CTX ($2,728,043) are now staked to Crypt Keepers in our Single-Sided Staking governance model, keeping the protocol 100% decentralized and community-owned.
Capitalizing on DeFi with TCAP! 🍄
Catch our latest blog on TCAP by Raphiz.
Space Invaders 👽
Join us on Tuesday, May 10th for the next episode of Space Invaders with Yearn Finance!
Office Hours with Fringe ☕
Last week we hosted the Fringe Finance team for an office hours session about how they can list CTX for lending. Here’s the recording!
Community
Dank Memes 🐸
Our friend CTX Finesse has been cooking up some fire memes on Twitter, make sure to drop him a like and follow!
Have a great weekend everyone and see you next week!