The last two months have been quite a wild ride for Mobius. While our primary focus going into the end of year was preparing Mobius for full-decentralization, we had a wrench thrown into the situation. With the recent events surrounding Optics V1 and the migration to Optics V2, we have…

Following the recent (controversial) activation of recovery mode by the original Optics team, we have decided to migrate our pools to Optics V2–a community-owned redeployment of the Optics Bridge. TL;DR Optics V2 Bridge Interface is live! Users can now bridge back to Celo using a new version of Optics with 30…

October was a crazy month for Mobius. Not only did our TVL touch $50M, but we also rolled out many new initiatives including: Launched MOBI staking and decentralized governance for pool rewards Partnered with the Celo Foundation to launch our DeFi for the People rewards program Introduced Capital-Efficient Privacy in…

In light of the recent exploit of Synapse Finance’s metapool contracts, we decided to indefinitely pause the pUSD metapool and migrate liquidity and votes to a new pUSD/cUSD pool. The Synapse Finance Metapool Bug On October 7, the Synapse Finance team discovered a bug in their AMM Metapool contracts. The LP token price calculations inherited…

In collaboration with the Celo Foundation, the MobiusDAO is pleased to announce CELO incentives for liquidity providers. In September, the Celo Foundation launched DeFi for the People, an incentive program to accelerate the adoption of decentralized finance (DeFi) amongst the 6 billion smartphone users worldwide. The MobiusDAO is honored to…

What We’ve Accomplished Mobius had an amazing first month. Upon launch on September 3, we brought the first USDC trading pair to Celo via the Moss Bridge. Once we heard news that the Optics bridge was live, we rapidly deployed the first ever interface for Optics within a day. This also marked the…

Staking goes live end of day October 3 on Mobius Money Two weeks ago MobiusDAO launched its governance token, MOBI. With its launch, we successfully incentivized our liquidity pools, offering liquidity providers over triple digits returns on their stablecoin assets. In the coming week, we will introduce veMOBI, a voting…

Mobius is happy to announce that we have partnered with Allbridge to bring Solana USDC to Celo. Solana is one of the fastest growing blockchains of 2021, providing high transaction throughput with low fees. The total value locked in its DeFi ecosystem has mooned this calendar year. …

$MOBI is a governance token that has voting rights in the MobiusDAO. This article covers how the token will be minted, distributed, and put to work across the Celo ecosystem. Community-driven Fair Launch We decided to skip the VCs and allocate a larger portion to the community and the greater Celo ecosystem as…