Protocol Weekly Issue #13

Protocol Weekly is a newsletter to exclusively showcase the progress of Ethereum layer-2 protocols.
A warm welcome to Market Protocol to Protocol Weekly! We’ve revamped the project images to make it more interesting. Let us know what you think of the new waves! This week’s exciting news is probably the lack of stability with centralised stable coins. We’re seeing Tether break it’s peg more and more, while Dai remains perfectly stable. As terrible as a collapse may be, it might once again reinforce the value of using decentralised technologies apart from being a buzz word. Its worth noting that all the existing major centralised stable coins don’t provide audits… Centralised technologies provide a good bridge with the existing world although could pose a threat to the space in the long run. We’ll just have to see how it all plays out over time though.

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From Janine Videva (Head of Marketing):

  • Liquidity Network’s SDK has now been launched and feedback from developers using the SDK is being considered for future updates.
  • Smart contract updates to Solidity 0.5 guidelines have been implemented.
  • The Liquidity Network bounty is still ongoing. The bounty is for the creation of the first off-chain hub explorer, inspired by how Etherscan visualises onchain transactions. Resources can be found here.

From Siddhartha Jain (VP — Marketing & Operations):

  • Made significant progress on Matic.js — an easy-to-use library for DApp developers to interact with Matic Network
  • Development of the Matic Wallet — A wallet with full Plasma chain and mainchain support — is nearing completion; Alpha version to be released soon. Stay tuned!
  • Developer Outreach initiatives — Dorahacks Hackathon,Bangalore & HackInOut Hackathon in Bangalore. Anurag Arjun, CPO @Matic Network was a judge and mentor at both hackathons.
    Special prizes were awarded to teams creating a Bill Splitting app using the stablecoin DAI as the medium of payment on Matic Network. Anurag also delivered a tech talk on Off-chain scaling at Dorahacks as well as an introductory talk on Ethereum at HackInOut

One thing we need help with:

We would love to connect with projects and teams who are looking for scaling solutions and would want to explore building on Matic Network.
Please get in touch by sending a mail to us at
Also do join our community on Telegram and Twitter for more updates!

From Brendan Forster (Head of Growth Operations):

  • Putting finishing touches on a soon-to-be announced exciting set of features
  • Continued planning for #DeFi Summit — Prague, a full day event that will take place on October 29 at MeetFactory in Prague. If you’d like to lead a session, please apply here. If you’d like to attend, please apply here.

One thing we need help with:

We’re hiring blockchain engineers and full stack engineers. Check out our open positions here.

From Titus Capilnean (Director of Marketing):

One thing we need help with:

Spread the word about Civic Libre — $0 Identity Verification with incentive CVCs until the end of the year.

From Jay Kurahashi-Sofue (Marketing):

  • Rotating AWS IAM Keys doesn’t have to be difficult; if you’re a developer, you’ll know that past solutions have been cumbersome. One of our infrastructure engineers Adam Link has open-sourced his script in a walkthrough published on our blog.
  • Spaces is finally here. With Spaces, anyone can create custom trading environments called Spaces, enabling groups to discover, converse, and make decentralized trades. We invite everyone to come make trades on Spaces at

One thing we need help with:

We’re always open to and seeking incredible talent in the blockchain and cryptocurrency space to join the AirSwap team! If you’re interested in what our team is working on at AirSwap, please submit a general application in the “Careers” section here.

From Dan Zhang (Communications):

One thing we need help with:

If you’re interested in being a node operator for the Quantstamp Betanet Protocol, apply here. We’ll contact you if you meet our requirements.

From Aaron Mayer (Community):

  • If you haven’t already checked out our new podcast, you’re missin’ out! Listen here:
  • We got Joey Krug, Ryan Selkis, Richard Craib, and Marguerite deCourcelle (AKA coin_artist) with more incoming!
  • We’ve been having some super interesting discussions about Token Economics for the ENG tokens and node staking — follow along and contribute at
  • EthSF was a blast last week, and our meetup during SF Blockchain week was a big hit! We featured some amazing panelists who spoke about the importance of privacy in the digital era and how little of it we currently have. YouTube videos of the event will be uploaded to our channel shortly!

One thing we need help with:

We’re currently on the prowl for designers and folks with graphic experience. If you’d like to join as an ambassador and shape the future of Enigma’s visual identity, please fill out this form and we’ll get back to you ASAP!

From Hunter Hillman (Head of Growth):

One thing we need help with:

Test out a Connext Hub and give us feedback in our Discord!

From Shane Hong (Marketing):

  • ETHNews featured Kyber Network, giving a summary of our recent updates and how Kyber’s protocol is enabling decentralized payments.
  • Kyber has joined #DeFi, a community for decentralized finance platforms, together with other notable projects including 8x Protocol, Dharma, 0x, Coinbase Wallet, Set Protocol and MakerDAO.
  • Kyber was honored to be part of the ETHSanFrancisco hackathon. 9 teams built amazing projects with Kyber’s protocol, and 2 became winners! Read the full recap here.
  • Devcon4 (Oct 30 — Nov 2) is fast approaching, and the Kyber team is looking forward to seeing you there!

One thing we need help with:

Kyber is excited to see how our protocol can be used in different contexts, as well as in conjunction with other protocols. We welcome developers to build with Kyber using convenient tools from our Developer Portal.

From Phil Elsasser (CTO):

  • MARKET Protocol is now part of #DeFi. #DeFi was created as a shared community for projects developing open source financial primitives. There are a number of decentralized finance protocols trying to solve some of the same problems so this community was created to bring a bit more collaboration between its partners.
  • Phil Elsasser and Robert Jordan will be heading to Prague for the DeFi Summit, Oct 29, and DevCon, Oct 30 — Nov 2. If you’re headed that way and want to meet up, let us know.
  • Our Simulated Exchange is now feature complete! We’re driving towards our second release on Testnet (Rinkeby). Log in and get a preview of the future of derivatives on the blockchain.
  • With the pending beta launch of our Simulated Exchange, we’ve branded the platform as MPX (MARKET Protocol Exchange) and a tagline of “Experience the power of blockchain derivatives trading with MPX!”

One thing we need help with:

Help us with feedback on MPX. If you have suggestions on the UX or a feature or find any crazy bugs, let us know. Contact us using Telegram or Discord.

From Jay Zhou (CMO):

Participating Projects:

Liquidity Network, Matic Network, Dharma Protocol, Civic, AirSwap, Quantstamp, Enigma, Connext Network, Kyber Network, Market Protocol.

Updates Not Included This Week:

Abacus Protocol, Origin Protocol, Loopring, Set Protocol, The Graph, Codex Protocol, 8x Protocol.

Know a protocol that should be part of this list? Drop us an email at