Enoki DeFi Club Newsletter #1
6 November 2020
Our Blue Moon Art Gallery contest is filling up quickly! Read more about it, here
Foraging Adjustments
Since the launch of farming, 253 mushrooms and 180 $ENOKI have been farmed into circulation. A “Spirit of Enoki” NFT also sold for 5ETH within hours of listing. $SPORE lost some momentum in the exchanges, but no matter. We’ve worked closely with our community to make some adjustments to the farms:
- Deposits into the ETH and FARM pools are now disabled. You may still withdraw your deposits and claim the mushroom cards you’re entitled to.
- The community took a vote to preemptively halve rewards on ETH and FARM pools.
- Further $SPORE claiming has been replaced in favor of Mushroom Harvesting, reducing the circulating supply of $SPORE to 22k
Upcoming adjustments
- We are adding a function to allow foragers to withdraw their staked $ENOKI without un-staking their mushrooms
Upcoming proposals
- After collaborating on the theme-song, the Based.Money crew is looking to get more involved Enoki’s efforts. The chefs are drafting a formal partnership proposal to the Based crew as we speak.
- Itchiro Games’ yield farm will host a pool for the club, and is drafting a proposal to replace a deactivated pool with a $JEM related pool.
Emissions voting, opening soon
At the time of writing this article, there are 1 day, 20 hours and 6 minutes remaining until emissions voting opens. Each week, the community may vote to double or halve the emission rate of each pool. $ENOKI holders may also propose and vote to add new farms as the game progresses.
CoinVille
Farm coins from anywhere, with all your friends — in Coinville
We invite your project to Homestead!
Coming late December, Coinville will make the fruits of deFi accessible to anyone. An official press release will drop this weekend. In the meantime, we invite established projects with sound economics to submit homesteading applications to chefs@enoki.finance
We also have openings for backend developers who will be maintaining strategies and supporting CoinVille homesteaders.
Get involved
Our rabid community of digital creatives and developers wants to welcome you to the Enoki DeFi Club. We’re building agile teams to tackle wide-scale adoption of decentralized finance. Join our Discord and introduce yourself to see how you can get involved.
- Discord: https://discord.com/invite/FC8J35T
- Website: https://enoki.finance/
- Twitter: https://twitter.com/EnokiDeFi
- Telegram: https://t.me/enokidefi
