ALEX Newsletter
ALEX “Super App for Bitcoin”: LISA, Bitcoin Oracle APIs, Launchpad Growth, Spartan & OKX reports, and Kucoin listing
Dear Alexians,
January 17th marked two years of ALEX mainnet. Happy Anniversary everyone! As 2024 begins, ALEX is firing on all cyclinders as the finance layer of Bitcoin. Melody He, Co-Founder of the Spartan Group, describes ALEX as “more than just an app; it’s a comprehensive Super App featuring its own Launchpad, DEX, Bridge, and Oracle.”
Over the past month we’ve continued building on multiple fronts, announcing liquid Stacking with LISA, our two largest CEX listings to date, industry reports by Spartan Group and OKX, release of the Bitcoin Oracle APIs and huge enthusiasm and over-subscription on the Multichain Launchpad. Let’s begin!
LISA: A New Dimension in Liquid Stacking on Stacks
Introducing the future of Bitcoin DeFi with LISA, an innovative Liquid Stacking protocol. This cutting-edge collaboration between Ryder, Fast Pool, Xverse and ALEX unites top stacking pools, first-class wallet services and DeFi expertise.
LISA seamlessly integrates into the ALEX ecosystem, providing unmatched access to unified liquidity and bridging into our expansive Bitcoin DeFi ecosystem. Standout features include:
- Efficient Stacking: Maximizing your stacking potential
- Superior Rewards: Elevating your stacking returns
- Decentralized Governance: Empowering you in decision-making
LISA is more than a protocol; it’s a gateway to diverse DeFi activities, all underpinned by Bitcoin’s robust security.
Bitcoin Oracle API Published
A major update is that our Bitcoin Oracle APIs are now publicly available. We’re happy to share the release of the APIs which enable dApps and wallets to access oracle data efficiently. Builders can access consensus data directly. Explore our “on-demand” data model.
View Indexer Performance Dashboard
Launchpad Buy Back Protection
In response to community feedback, ALEX has added Launchpad Buy-Back Protection to our IDOs. Projects will lock 90% of IDO proceeds for 1 week in the vault after registration closes. If the token price drops below IDO price after 1 week, participants can be refunded at 90% of the IDO price. In addition IDOs will now have a Community APower Stage, an IDO Lottery Stage and a White Stage. For more details please see our Medium post.
The Launchpad is Hot!
In our last newsletter, Ordz Games was soon to launch and participation blew away all expectations; the IDO was 81x oversubscribed! Ordz games had a raise goal of 2.35 BTC but over 192 BTC were locked on our platform for the lottery drawing.
Since Ordz Games, the community of ALEX and atALEX holders has approved Ordiswap, IZIPAI and Orange crypto for the launchpad.
The Orange crypto launch is just now concluding with an over 32x over-subscription rate. Orange is also the first launch to include the 1 week buy-back protection mentioned above. IDO season is still just gaining momentum, so stayed tuned for more approval votes and project launches coming fast!
ALEX in Spartan Group and OKX Reports on Bitcoin Layers
With the latest reports from Spartan Group and OKX, it is undeniable that ALEX is a transformative force in the Bitcoin ecosystem. Serving as both a gateway and access point, it seamlessly integrates Bitcoin L1 with L2 solutions, enhancing DeFi’s accessibility/security/efficiency. This positioning appeals to a broad spectrum of builders, users, and investors, solidifying ALEX’s role in the Bitcoin economy.
In the fiercely competitive Layer 2 arena, adaptability is paramount. ALEX is currently leveraging Stacks’ smart contract capabilities and are poised to integrate any superior Layer 2 solutions that emerge, ensuring our continued innovation in Bitcoin DeFi.
Bitcoin Layers by Spartan Group
Kucoin and Crypto.com Listings
January saw ALEX listed on the largest CEXs to date: Kucoin and Crytpo.com. These listing are another giant step for Bitcoin DeFi as we continue growing our community to millions of new users. Our horizons are steadily expanding as our token, and our vision, becomes accessible to an ever wider audience.
In Closing
The coming weeks will bring the Bitcoin Oracle and integration of STX20 tokens as well as a steady pipeline of approval votes and launches on the Multichain Launchpad. We aren’t slowing down and fully embrace our roles as “Super App” on Bitcoin. There’s incredible momentum building as we approach the Bitcoin halving and the Stacks Nakamoto release with the ~5 second transaction times that will reshaped the Bitcoin layers narrative.
The Bitcoin ETFs were approved, institutional embrace of Bitcoin is just beginning and as it inevitably leads to the tokenization of trillions in real world assets, the infrastructure ALEX is building today will find it’s ultimate use case. The real mainnet of mass adoption is still ahead of us and the true adventure is only beginning.
Best Regards,
The ALEX Lab Foundation
