#5 - Cryptex 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 newsletter! These newsletters include active proposals, projects and community content. If you have any questions for the team or the community you can find us on:
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News
Check out Our Weekly Health of Protocol Update! ⚕️
Our weekly health of protocol update shows a few interesting metrics. We saw TVL has increased by 33% since last week, due to the rise in the price of ETH and an additional 132 ETH deposited as collateral. Supply of TCAP has increased 4.5%, adding 850 TCAPs onto the market since last week. Currently Liquidity Rewards has slightly decreased last week due to an increase in LP participation of both pools. You can stay up to date with these metrics on our Twitter!
Tune into next weeks Twitter Spaces! 😃
Check out the next episode of our Twitter Spaces show “Space Invaders.” Next weeks episode will be on Thursday, August 5th at 5PM UTC. Our featured guest is 0xngmi from the Defi Llama team. Make sure to click ‘remind me’ on this tweet!
Come see Cris speak at Chainlink’s Summit! 🎤
Our very own Cris Espinoza will be speaking at Chainlink's Smart Contract Summit August 5-7! Sign up today (It's Free) to save your spot for 200+ keynotes, panels, AMAs, and workshops with industry-leading projects across DeFi & the larger blockchain space. You can register here.
Proposals
Governance proposals can be found and created here.
CIP-7: Airdrop early TCAP testers. 💲
CIP-7 is a proposal to airdrop 50 CTX to the ~200 people that helped try TCAP on testnet. Full details of the proposal can be found here.
What should be the next asset added on Polygon? 💵
Cryptex is gearing up to launch TCAP minting on Polygon. So far we have decided to allow ETH and MATIC as collateral. Voice what you think would make for good collateral here.
Projects
If you’re interested in building and growing Cryptex, you can find the current list of projects we need help with on our GitHub. Simply assign yourself to a project to get started and let the community know you’re leading it. At the end of each month, on a platform called Coordinape, you’ll have the opportunity to share what you’ve contributed and get rewarded for it! You can follow the steps on how to get rewarded with Coordinape here.
Here are the Projects in progress:
Here are the projects we need someone to take the lead on:
Protocol/Dev 👨🏻🔬
Integrations 🚀
Community 🙂
Development Updates
CIP-3 & 4 Deployed 🔗
Proposals CIP-3&4 for Community Grants and Team Payroll have been deployed.
TCAP tested on Polygon Network 📡
TCAP minting has been tested and works on the Polygon Network! Cryptex will announce when this is live.
Community
Community Calls 📱
Our last community call took place on 7/29. Make sure to catch the next poll for when our community calls should be! Until then enjoy this clip from this weeks call.
Have a great weekend everyone and stay tuned for next week!