ENKI’s Q2-Q3 Roadmap: New Features and Rewards Ahead

ENKI
4 min readJun 7, 2024

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At ENKI, we’re committed to continuously innovating and enhancing the DeFi experience for our users. As we move into Q2 and Q3, we’re excited to share our roadmap, packed with new features and opportunities designed to maximize your engagement and earnings.

From the very beginning, ENKI set out to address the challenges and barriers that existed in the DeFi ecosystem. Our mission was to simplify participation in the Metis Sequencer Node ecosystem, democratizing access and enabling users to earn staking rewards without the need for technical expertise or substantial initial investments. Key milestones include the launch of eMetis and seMetis, robust community building through strategic partnerships and transparent communication, and continuous technological advancements that keep ENKI at the forefront of DeFi innovation with secure, user-friendly solutions.

Here’s a comprehensive look at what’s coming:

1. Track eMetis/Metis Liquidity on DEX (Hercules & Netswap)

Providing liquidity on decentralized exchanges (DEX) like Hercules and Netswap just got more rewarding. Users who supply eMetis liquidity can now earn trading fees and accrue boosted staking points towards our 400K incentive without experiencing huge impermanent loss (IL). This feature is a game-changer for liquidity providers, offering a secure way to maximize returns.

The benefits for ENKI:

  • Enhanced Liquidity Options for eMetis Holders: Provide liquidity with eMetis on low-risk impermanent loss (IL) platforms like Hercules and Netswap. This ensures you can use your eMetis effectively without worrying about losing staking points in the ENKI protocol. Enjoy secure liquidity opportunities while boosting your rewards from our 400K ENKI Metis Staking Incentive.
  • Earn Trading Fees: Benefit from an additional income stream through trading fees, enhancing your overall DeFi earnings.
  • Low Risk of Impermanent Loss: Protect your investments from the common pitfalls of liquidity provision, ensuring your assets remain safe and profitable.

2. Release Detailed Documentation on Redemption (eMetis -> Metis)

As there have been requests, we understand the importance of having clear, comprehensive guides to navigate complex processes. That’s why we’re releasing detailed documentation that explains every step of the eMetis to Metis redemption process. Additionally, we’re introducing an optional feature that allows you to lock ENKI liquidity for different periods, accelerating the redemption process.

The benefits for ENKI:

  • Comprehensive Guide: Step-by-step instructions to simplify the redemption process, ensuring you have all the information needed to navigate successfully.
  • Optional Liquidity Locking: Speed up your redemption process by locking ENKI liquidity, giving you greater flexibility and control.

3. Release Detailed Documentation on Metis Staking Incentive

As we transition into Fantasy Phase 2, we want to ensure you have all the information you need to claim your airdrops and participate in the staking incentives which have a total allocation of 400K ENKI. Our upcoming guides will provide detailed instructions on how to maximize your rewards. Locking ENKI liquidity for different periods will be optional, allowing you to claim additional benefits.

The benefits for ENKI:

  • Detailed Guides: Clear instructions on how to claim your staking incentives and airdrops, making it easy to participate and earn.
  • Optional Liquidity Locking: Enhance your rewards by locking ENKI liquidity, giving you the chance to earn even more.

4. Staking Incentive Referral Program Launch

We’re excited to introduce our new Staking Incentive Referral Program, designed to reward you for spreading the word about ENKI. By minting a special inviter NFT, you can generate a unique link to invite new participants to the ENKI platform and earn referral points in the process. The main benefit of participating in the referral program is the opportunity to earn additional incentives allocated to the program in Fantasy Phase 2, which includes 200K ENKI tokens set aside specifically for this purpose.

5. Implement Redemption & Claim Page for Fantasy Phase 2

We’re excited to announce the launch of a new claim page for Fantasy Phase 2. This new page will provide a user-friendly interface for claiming rewards, separate from our existing redemption feature.

Benefits:

  • User-Friendly Interface: The new claim page is designed for easy navigation, making it simple to claim your rewards.
  • Efficient Processes: Quickly claim your assets, streamlining your experience.
  • Enhanced Transparency: Clear instructions ensure you have all the necessary information.

Conclusion

We’re thrilled to bring these new features and opportunities to the ENKI community. Our Q2-Q3 roadmap is designed to enhance your experience with $ENKI, making it more rewarding and accessible. Each of these initiatives is a step towards a more robust and user-friendly platform. As we implement these features, we’re also laying the groundwork for an even more exciting Q4, where we plan to introduce additional enhancements and innovations.

Stay tuned for more updates and detailed guides to help you navigate these exciting new developments. Together, we’re building a more robust and inclusive Metis ecosystem, working towards an amazing future for all ENKI users.

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ENKI

ENKI is the first LSD protocol on @MetisL2 🥇 Seamlessly Stake Metis, Earn Rewards, and Embrace DeFi with ENKI Protocol 🌿 https://enkixyz.com