BuddyDAO Monthly RECAP - April 2022

BuddyDAO
BuddyDAO
Published in
3 min readMay 13, 2022
BuddyDAO Monthly RECAP - April 2022

With the crypto space gearing up for the next few months, it’s time to share all the amazing developments we achieved throughout April 2022 with our impeccable community. We couldn’t be more appreciative of the enthusiasm and engagement received this month.

Other major milestones for April included a listing of $BDY on Binance Smart Chain (BSC) and Coin Market Cap. We conducted Airdrop with rewards worth 3000 USDT and hosted a happy hour at #Consensus2022 which is the world’s biggest and longest-running crypto festival hosted by CoinDesk.

We’re also making tangible developments and security audits to ensure all borrowers, guarantors, liquidity providers, and pool delegates can safely use the protocol.

Additionally, we are running the Meme competition to boost engagement and growth in the community.

It’s been a big month for BuddyDAO. The number of our Telegram community members has surpassed the milestone of 100k. So, we’re glad to let you, our community know everything about our accomplishments, important announcements, and milestones achieved in April 2022.

You can find all this information by reading below!

General Milestones and Community Growth

As shown in the metrics below, BuddyDAO continues to expand beyond our expectations!

  • Twitter: Over 19K followers
  • Telegram: Over 133K members
  • Discord: Over 6K members

We expect this trend will continue to grow at a faster pace during the upcoming months.

$BDY Listed on BSC and Coin Market Cap

We’re excited to share this news with our community members. Our native token $BDY has been successfully listed on Binance Smart Chain (BSC) and Coin Market Cap. Many thanks to everyone for the huge support.

Security Audits

We believe in putting trust and transparency at the utmost importance within our team. Thus, we want to ensure our community members that every smart contract is audited before going live so that all borrowers, guarantors, liquidity providers, and pool delegates at BuddyDAO can safely use the protocol.

We are currently in the final stages of the audit process to ensure every borrower, lender, and the guarantor will be free to unleash its potential in the DeFi world!

Campaigns

In April 2022, we hosted an Airdrop campaign with rewards worth 3000 USDT. The campaign ended on April 25th and the rewards were distributed within the 2 weeks of it. Currently, one more campaign is running through the platform i.e. Meme contest which will end on the 10th of May. The winners will get rewards worth $700.

Additionally, BuddyDAO has also been a part of the #Consensus2022 which is the world’s biggest and longest-running crypto festival. CoinDesk hosted this fest and BuddyDAO sponsored happy hour at Consensus2022.

So, this was April in Nutshell for BuddyDAO. There are many more major announcements to arrive in the upcoming months. Stay tuned for all the latest updates and news.

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BuddyDAO
BuddyDAO

The first guarantor based DeFi lending platform. We are bringing borrowers, guarantors, and lenders together in the most efficient way.