👩🏻💻Our Community
At the heart of our fixed rate protocol is our community. The English-language word “community” derives from the Old French comuneté, which comes from the Latin communitas “community”, “public spirit”.
Public spirit is an amazing way to describe the wonderful community that has grown around our products. There is something special about the active members of the 88mph community. Nearly every one is an OG at this point. You will still see names from as early as V2 launch having fun in the 88mph Telegram and Discord.
The intelligent dialogue and appeal of fixed APR has attracted an astonishing group of brains. During the May crash of 2021, we were blown away by the spirit of our community. Far too often you will see other communities become irritable, frustrated, and their spirits crushed during volatility to the downside.
Nevertheless, the 88mph community shocked the space when nearly every member remained hopeful, continuing to educate one another and spread positivity. From that moment on, we knew we wanted to keep our community close to our hearts.
🌐New Program
We are excited to announce the 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 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
We are happy to show our appreciation towards the Telegram member known as “Abel X” and also known as “LMS Abel” (was Brunner prior) via our Discord community.
Why is Abel/Brunner worthy of $250 worth of MPH you may ask? Abel has been a longtime 88mph community member; some would consider him an OG. As long as I can remember, he has been helpful, positive, and engaged with other community members. At times of harsh market conditions, Abel has helped the new member’s nerves. When questions have been asked, Abel is eager to help when I am not available.
Perhaps the most important and helpful task Abel has done for us is recording the 88mph Thursday Community Calls. In fact, he helped teach me how to properly record these meetings for YouTube. The first 10 or so calls were recorded by Abel. Without his experience doing so, we would not be able to showcase all the wonderful calls with our partnerships, integrations, and improvements we’ve made in the DeFi world. His helpful tips have assisted me in properly recording, rendering, and uploading these important calls. We as a protocol are eternally grateful with his continued flexibility when I, Steven, cannot record the calls.
A playlist of our Discord Convention Center, starting with our first published call, can be seen below.
💸Payment
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 APY 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.
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