Furucombo Quarterly Update #34
The Furucombo team has been hard at work, completing numerous marketing campaigns such as workshops, community calls, and FuruRadio events. There have also been lots of product updates. Let’s get into all the changes from last quarter!
Furucombo Community Calls
Furucombo hosts a community call once a month. Since our last newsletter we have had 4 calls with the community. To stay up to date on protocol updates, and to earn special badges, join us on our calls to get the latest with what’s going on with Furucombo. The following are links to the monthly calls:
- Community Call 26 (May 23rd)
- Community Call 27 (June 22nd)
- Community Call 28 (July 26th)
- Community Call 29 (August 24th)
Furucombo hosts a monthly workshop which are interactive events that show users how to use our products! We have completed many detailed workshops which are linked below. Check them out and feel free to follow our Youtube channel to stay up to date on the latest workshops.
- Farming: An Introduction to Yield Farming on Furucombo
- Funds: An Introduction to Investing & Becoming a Fund Manager
- Flashloans: Advanced Edition
- Ethereum Stategies
Furucombo has hosted four more excellent FuruRadio podcasts with many special guests since the last newsletter update. We have had many great topics, and amazing discussions. The following is a list for our radio podcasts. Also, feel free to follow us on our Spotify, Apple Play, or Youtube to stay up to date on these podcasts.
- FuruRadio #2: Security in DeFi (with special guests: Kostas & Yannis from Dedaub, & Adrian from ImmuneFi)
- FuruRadio #3: Fund in DeFi (with special guests: Crews from Indexcoop & Ramon from Babylon)
- FuruRadio #4: The Future of AMMs (with special guests: Tyler from Quickswap, Mounir from Paraswap, Leo from Dodo, & Julian from Apeswap)
- FuruRadio #5: Layer 2 Scaling Solutions (with special guests: Liam & Orest from Scroll, Aishwary & Hamzah from Polygon, and Dosh from Gnosis)
The Furucombo protocol has had lots of great updates. The following is a brief list of new updates we’ve had in the last quarter. To stay up to date with the newest updates, feel free to join us on our Discord in which we have added a change-log channel.
- Integrated Aave V3
- Adjusted initial fee (0% → 0.2%)
- New farming pools on Ethereum & Polygon
- Added Quickswaps Dual-Farming & Auto-Farming Pools
- Added Curve Finance Pools
- New fund managers
- Easily invest in Yearn or Curve vaults with our invest system
- $COMBO and $COMBO LP holders can use Snapshot to vote on proposals. This includes Smart Wallets as well
Furucombo Improvement Proposal #3 was a huge milestone for the product as it introduced the fee mechanism. This means that the treasury will now start to generate more revenue. This revenue can be managed by $COMBO token holders. The fees were unanimously voted in favor of implementing, and can be found on our docs page. To participate in future governance proposals, make sure you create an account on the Furucombo Forum and feel free to make any proposal you’d like. You can also ask any of the core team members for help or support in setting up a governance proposal.
The Furucombo community comes first, and that’s why we have made it a priority to always include updates to our Discord to make the experience as good as we can for our loyal members. Most importantly we have added an experience system for active members to earn exp! This exp will have more use cases later on, but for now it helps us track who is active in the Discord. Additionally, we have added a good morning, or GM channel, for everyone to say ‘gm’ and wish others a wonderful day. These updates we have made will help to make the experience more interactive and enjoyable for everyone. Hope to see you there to check out all the great things we have!
Events & Competitions
The team has attended some events and competitions to help spread the word of Furucombo, stay up to date on the latest in the crypto scene, and to continue to hone our skills for the future.
The biggest event we attended was EthCC5 in Paris! The temperatures were high, but the enthusiasm was even higher as the team explored and shared information with other participants and protocols at the event. We put together two amazing digests that summarize everything we accomplished at EthCC5. Additionally, there was a great speech from the founder and CEO of Furucombo Hsuan-Ting Chu which can also be found below. His speech was on ‘how composability will continue to disrupt wall street’ and is a talk you won’t want to miss.
- Link to Digest 1
- Link to Digest 2
- ‘How composability will continue to disrupt wallstreet’ by Hsuan-Ting Chu
The blockchain team also participated in Paradigm CTF 2022 solving complex challenges under the name ‘MemeRescuer’. They brainstormed, solved challenges, and raced to the finish line. Our team was able to achieve a rank of 21st out of 445 teams which is a great achievement!
In order to help survive the bear market, we wrote some tips! The best time to be cautious is in a bear market, but it’s also the best time to make some sound bets and to take advantage of future bull markets. This article gives you some tips on how to manage your portfolio in these difficult times. You can find the Furucombo Bear Market Survival Tips attached in the link.
Security is of paramount importance to us. To ensure we have the most robust auditing and bug bounty program, we have partnered with Immunefi who is a leader in the space for providing bug bounties to white hats. This will reinforce the security of Furucombo and we will work with the community to squash any bugs. To learn more about our bug bounty you can read more from the attached link.
Additionally we have completed audits for our fund system from Dedaub and Peckshield. To learn more about these audits, you can find them attached in the link or from our docs page.
Want to be inspired by more DeFi strategies? Check out our Learn page. You can find up to 50 combos with their own detailed explanations about how they work.