Algebra Weekly Digest #111

Algebra
3 min readJan 19, 2024

Hey Algebros! Let’s dive into our second weekly report of the year 2024!

  • Plugins become a part of @BNBCHAIN Hackathon
  • Algebra partners with ICHI
  • The first Brevis x Algebra Plugin is released
  • @CryptoAlgebra X account recovered
  • Algebra joins THENA’s Anniversary AMA
  • 614,761 $ALGB Buyback & Burn
  • Algebra Integral joins Berachain testnet

And much more — find out below.

1. Algebra Integral joins Berachain testnet

Algebra Integral V4 has officially joined The March of the Beras on the

@berachain testnet! The testnet dApp link will be shared a little later for you to try it out!

2. Plugins become a part of @BNBCHAIN Hackathon

THENA Joins BNB Hackathon as a sponsor, boosting Plugin Development for their future Integral-Based Infrastructure. This amplifies Plugins’ visibility, attracting a growing number of developers to diversify the plugin market and enhance the richness of the Integral ecosystem. Find out more at THENA’s Twitter.

3. Algebra Discord server is upgraded!

We’ve upgraded our Discord server, seamlessly reintegrating it into our social ecosystem. Check it out! https://discord.gg/PgD5bW59bG

4. Algebra partners with ICHI

ICHI collaborates with two Algebra-driven decentralized exchanges, THENA and Quickswap, to enable users to provide profitable liquidity, leading to sustainable on-chain returns and deep liquidity.

5. @CryptoAlgebra X account recovered

After a week of dedicated efforts to address the issue with our Twitter account, we have successfully recovered it. The support team reported that it was mistakenly blocked due to malicious accounts spreading spam and misinformation regarding an incident that was unrelated to Algebra, and we are relieved to have resolved the matter. The experience has allowed us to enhance our safety expertise and establish valuable connections during this process.

6. Algebra joins THENA’s Anniversary AMA

Check out the discussion here: https://twitter.com/CryptoAlgebra/status/1747589836813537590

7. The first Brevis x Algebra Plugin is released

Exciting News! Our collaboration with Brevis has yielded successful results — introducing the first Discounted Swap Plugin! Check out the video unveiling this groundbreaking development on YouTube: https://youtu.be/DHkmazd6SWs?si=SKoFn8zM7iDwyNnh

8. 614,761 $ALGB Buyback & Burn

In total, 614,761 $ALGB were repurchased, with almost $15K burned. Bon appétit!

9. On the hunt for a Community Manager

Dive into the world of community building — manage and grow our Discord and Telegram communities! If you’re passionate about crypto and its community, we want to hear from you! Or if you know someone suitable, we would greatly appreciate a connection. Reach out to us via our collaboration form: algebra.finance/form

About Algebra

Algebra is a Protocol enabling projects to integrate Concentrated Liquidity tech, alongside other groundbreaking features — Dynamic Fees, Built-in Farming, and more. Already seamlessly integrated into various DEXes across different chains, including Camelot, THENA, QuickSwap, StellaSwap, Zyberswap, Lynex, Magma, Swapsicle, Synthswap, Hercules, Swapr, and more, Algebra propels them to higher trading volume & enhanced capital efficiency. Learn more on our website: algebra.finance.

$ALGB is the platform token of the Algebra Protocol, used for governance. Weekly buybacks & burns are aimed to reduce the circulating supply & increase the ALGB value. ALGB on CoinMarketCap.

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Algebra

Algebra is a breakthrough AMM, and a concentrated liquidity protocol for decentralized exchanges, running on adaptive fees.