Happy Friday to everyone! As per usual, let’s take a glance at this week’s achievements & announcements, including:
- Integral launch on Berachain’s Artio testnet
- Algebra Joins THENA & Gamma for BNB’s Hackathon
- The Algebra & Range Protocol Partnership
- Algebra’s Coming to Dune!
- $ALGB BBQ: the 358K Buyback & Burn
And more — find out below.
1. Integral launch on Berachain’s Artio testnet
Algebra Integral V4 is live & available on Berachain’s Artio Public testnet! You can now swap $BERA or provide liquidity to one pool below. Explore our Modular Architecture, with core code + plugins for DEXes & experience the power of Plugins/Hooks at https://berachain.algebra.finance/pools.
2. Algebra Joins THENA & Gamma for BNB’s Hackathon
Integral’s Modular Architecture, i.e. V4 plugins allowing for creation of customizable pools, forms the basis of an exciting developer challenge! Our contest focuses on creating innovative Plugins for Algebra’s brand-new CLAMM, Integral.
Learn more about it: https://dorahacks.io/hackathon/bnbchain-hackathon/sponsors-challenge-track.
3. Algebra’s Coming to Dune!
Algebra’s Dune Analytics page is on the way! Stay tuned for real-time crucial analytics. Meanwhile, let’s celebrate the removal of almost 5 million $ALGB tokens from circulation since July 2023, with no plans to stop.
4. Gamma Deposits reopened on Algebra-built DEXes
The Gamma deposits have been reopened for several Algebra-powered DEXes, including THENA, Camelot DEX, Synthswap, StellaSwap, Zyberswap, Lynex, and QuickSwap.
5. The Algebra & Range Protocol Partnership
Explore our collaboration with Range Protocol — a revolutionary DeFi asset management platform offering Non-Custodial Vaults, Automated Strategies, and On-Chain Transparency. They’re powering the expansion of Camelot DEX on Arbitrum, QuickSwap on Polygon, and Swapsicle DEX on Mantle, among other platforms we work with.
6. $ALGB BBQ: the 358K Buyback & Burn
This week’s portion of ALGB tokens is repurchased & burned!
Buyback: 358,044 $ALGB; https://polygonscan.com/tx/0x525d95488e356dea540903e6bfb88a51ecb41c576314c8e252e996f011de9971
Burn: $7,6k at the current rate; https://polygonscan.com/tx/0x5f268def55af4a121870f25125dea0e52486fc55c758936fe8dbd6a004624d13
We’ll continue reducing our native crypto’s circulating supply no matter what! Stay tuned for more BBQ.
7. The perfect ve(3,3) DEX recipe
The ve(3,3) model varies, but Algebra’s approach, showcased on THENA with Algebra V3, stands out.
We’re not planning to stop, and here’s our recipe for a perfect ve(3,3) DEX with Integral V4 as the key component:
1️⃣ ve(3,3) tokenomics for LP incentives, voting power, and low slippage.
2️⃣ Algebra Integral’s Concentrated Liquidity AMM with V4 plugins.
3️⃣ ALM strategies on Algebra CLAMM for precise liquidity management.
Result: A flexible DEX setup and groundbreaking ve(3,3) tokenomics, setting new standards in the market!
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.
