88mph Community Member Spotlight

Steven
88mphapp
Published in
4 min readNov 3, 2021

👩🏻‍💻Our Community

Tight-knit, educated, and lovers of passive income, the 88mph community continues to thrive. Building each other up, helping one another learn the complicated pathways of decentralized finance, and coming together is the heart of the community we love.

Choosing a star member to represent such a fantastic community is a daunting task. How do you encapsulate such a strong community that Marty McFly would be proud of?

Nevertheless, there will be many deserving members, but after all, only one today can be worthy of the prestigious award called the ✨Community Member Spotlight ✨!

🌐The Program

We are excited to announce the second week of our Community Member Spotlight, where we will frequently identify one member of the community deserving of a prize. These members may have different qualities of a strong community member ranging from educating and explaining the intricacies of our products, uplifting other members, actively using the protocol, attending our community calls, remaining engaged, and helping with various aspects of our community. The prizes and timeline of these incentives will vary, but for the first and second week we have decided to award $250 worth of $MPH

Guidelines of our Community Spotlight

  • Positive, engaged, helpful, and/or an active contributing member
  • $250 (subject to change) worth of $MPH paid via our tip.cc bot

🥇The Winner

Bene Bene, one of our moderators for the 88mph Telegram is well deserving of this week’s Community Spotlight! We would like to note, Bene Bene is not an employee here, and there is no conflict of interest in awarding him the Community Spotlight this week.

Things about Bene Bene that we here at 88mph love to see!

  • Consistently active
  • Welcoming to new members; Bene Bene remains engaged with open arms!
  • Always positive and supporting!
  • Sharing great updates and tweets about 88mph. Extremely helpful when any of us are busy!
  • Bene is incredibly helpful. When community members have questions, Bene is one of the first to step up with direct sources to their questions!

💸Receipts

This payment can be seen on the general chat of our discord channel via: https://discord.gg/AUMNvd7shA

About 88mph

88mph offers a series of fixed-rate APR pools for various assets, such as DAI, USDC, WBTC, and ETH. When users/protocols deposit assets into an 88mph pool, they earn fixed-rate yield that is redeemable at maturity, as well as MPH tokens as a deposit incentive.

For example, a 12-month deposit of 100 DAI will deliver a fixed yield after 12-month. If the fixed yield rate at the time of deposit was 10%, then the 88mph protocol delivers 10 DAI of yield to the depositor when the deposit reaches its maturity one year later.

Under the hood, 88mph pools lend deposited funds to variable-rate yield protocols such as Aave or Compound. To learn more about how 88mph converts a stream of variable-rate yield into fixed-rate yield, check out our documentation.

Website | Docs | Twitter | Discord | Telegram | Youtube | GitHub

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Steven
88mphapp

Founder, Business Developer, and more. Working to develop Pirate Kings and FaeFolk | DM https://twitter.com/CryptoSteven88 for work inquiries