#72 Cryptex Finance Weekly Newsletter
Informing the Community about the latest developments from Cryptex Finance, a multi-network DeFi protocol that makes crypto-native markets tradable.
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Don’t have enough time to read the newsletter? Here’s a quick TLDR;
Cryptex V2 Phase 2 Updates: new and improved chart, and more wallets supported.
Cryptex v2 Incentive Program
Single Side Staking rewards extended
Spotlight: Cryptex V2 Phase 2 Initiated
Exciting news for Cryptex V2! Here's what you need to know:
👾 New and Improved Chart:
Added Time Frames
Updated Poll Intervals
Clear Axis Names & Labels
👾 More Wallets Supported:
Coinbase Wallet
OKX
Ledger
👾 Phase 2 Now Live:
Users on the waitlist can try out Cryptex V2 before the public launch. Click here for more info and watch our announcement video.
Not on the allowlist? Apply for the waitlist here.
Cryptex v2 Incentive Program
A big thank you to our Cryptex community members and delegates for your active participation! Your input has guided the creation of a new v2 incentive program proposal, focusing on decentralization, user empowerment, and long-term growth.
Check out the v2 Incentive Program Highlights:
$50,000 CTX for liquidity incentives: We're allocating $50,000 in CTX tokens to boost participation and liquidity, distributed over three months.
$50,000 ARB for trading rebates: With a daily cap of $555.55, we're committing $50,000 in ARB tokens from the DAO treasury to promote platform activity and ensure fair distribution.
These incentives are designed to cultivate a thriving, empowered user environment. Join us in shaping the future of the Cryptex ecosystem by supporting the v2 incentive program proposal!
Don't forget to read the full proposal HERE and cast your vote on the snapshot HERE.
Single Side Staking Rewards Extended
On 4/21 we extended our Single Side Staking rewards, with 12,655 CTX added to the pool for the next 3 months.
For more information, read the blog post here.
Community Art of The Week by Sucito
Catch us next week for more exciting updates within the DAO.