Offshift Update — The First 36

Offshift
Offshift
Published in
2 min readAug 5, 2020

The Offshift blog has moved! Visit Offshift.io to stay up to date with Offshift.

It’s a bit hard to believe it’s only been around thirty-six hours since Offshift’s token distribution and initial DEX listing. As is often the case with a project launch, there’s been a unique blend of sleeplessness, caffeine and adrenaline, but we emerge somehow revitalised by the dawn of something new, and good.

We’ve seen an influx of curiosity, encouragement, and fresh faces on social media channels. Our telegram grew by orders of magnitude and we gained a few hundred Twitter followers. If “adult entertainer tweets about you” was on any of the team’s bucket lists, it may now be crossed off.

Our first full day on decentralised liquidity protocol Uniswap saw more than a million dollars in trading volume and the XFT token acquired by hundreds of new users. We locked around $100,000 in Ether and XFT liquidity on Uniswap for 90 days, and we’ll re-lock liquidity every quarter going forward. We’ll provide more info on the quarterly lock and how it will add value to our economic model in the near future.

As we come out of the token launch and kick into build mode, we’ll be pushing updates to the community on development, we’ll be expanding our team, and we’ll lay out our vision for the near future in the form of a roadmap with some key milestones.

We appreciate all the support, all the new additions to the Offshift community, and we welcome those who haven’t, yet, to come by the Telegram and chat us up.

About Offshift

Offshift is leading private decentralized finance (PriFi) with the world’s first Private Derivatives Platform. It leverages zero-knowledge (zk) proofs and sources reliable, real-time price feeds from Chainlink’s decentralized oracle network to enable users to mint zkAssets, an unprecedented line of fully private synthetics. Offshift’s mostly anonymous team has developed a trusted reputation for their thorough privacy research, development and execution.

To learn more and get involved, visit the links below:

Website | Telegram | Discord | Twitter | Instagram | Uniswap | Sushiswap

The Offshift blog has moved! Visit Offshift.io to stay up to date with Offshift.

--

--