A few highlights of activity over the past week across the Lamden community:
# NEWS
- The Arko network is experiencing some intermittent issues as we roll out our community nodes. We apologize for the inconvenience and hope to have them resolved shortly.
- The Taurus NFT marketplace has a number of enhancements in the works including community auctions, ability to create multiple market listings for the same NFT, an overhaul to the royalties system, and more.
- Another plug for the LUSD LP -> TAU farm available on Rocketswap — earn TAU by providing LUSD LP. In the spirit of working together, the team is also seeking creative ideas from the community to incentivize additional liquidity.
- The $MARMITE/YETI team shared a quick audio update briefing the status of their new smart contracts; the team is wrapping up testing and plans to announce the release date within the next few days.
- A reminder the Nebula to Portal (optional) swap is closing this Sunday. The Portal team is in the process of resurrecting the idea of ‘staking vaults’ started by the Nebula project.
- Congrats to the winners of the recent Rocketswap Leaderboards trading competition for $RTAU and $XPTL!
- There’s a lot of activity across Lamden. A quick recap: the DAO is close to release, LamdenLink will have additional tokens added (TRT, BLBR, YETI), Rocketswap has a fully revamped website in the works, Taurus is one of the most fully-featured NFT marketplaces available on any blockchain, Marmite team is undergoing a full rebrand to Yeti with cool new community features, OnlyLuck is creating a metaverse NFT art gallery (plus an open source Unity Lamden plugin that will allow other developers to interface with the Lamden Vault wallet via JavaScript), Bruno is working on a new action game, Portal team is making great progress on their new contracts/website, TraderRob is working on some YouTube videos to bring more visibility to different dapps, and more!
# AMA
Each week the Lamden team will answer questions from the community. Please submit your questions to the community manager (deadline is each Wednesday to give us sufficient time to answer). This week’s AMA begins now…
Chief Marmite asks, “Are there plans on increasing liquidity on BSC or in Rocketswap? As Stu mentioned in chat, the team has ethereum ready to replace liquidity, so what is the delay in doing so?”
The team is planning to restore WETH liquidity on Rocketswap once time frees up from the rollout of our community nodes. We’re also actively working with the community and seeking feedback on creative ways we can incentivize more liquidity. Thank you for your patience!
Benji asks, “Who are going to be the node runners for the initial ‘decentralized’ network, can we get some information on who they are and why they have been selected? What safeguards are in place to ensure that one person is not running multiple nodes?”
The initial set of node runners will be community members who setup Testnet nodes and assisted during our testing phase. We hope this initial selection is unbiased since there wasn’t an advance indication that by participating in the Testnet, they would receive rewards and first dibs at being accepted into the Arko Mainnet node owner group. As active testers, we feel this initial group contains stakeholders who are technically capable and invested in the technology and ecosystem. More will be shared as the node owners are onboarded.
Going forward, it’s the responsibility of both the node owners and the community to sufficiently vet new node entries. Community members are encouraged to perform due diligence by voting for trustworthy individuals or groups. The node owner group will have the final decision to pass the motion to add a seat.
The DAO has been an idea that has existed since the very early days of Lamden and it’s something we’ve been revising and refining over the years. We look forward to this next phase of collaboration, working together to expand the immense potential of Lamden.
X asks, “What has been the Lamden Core Team marketing timeline to date? eg 2020 they got a professional video made for the Lamden YT Channel, 2021 engaged with a company to conduct YT interviews with Stu & Jeff, etc.”
Leading up to and through the Mainnet launch in 2020, we published several videos, articles, and fueled the grassroots support from our Lamden Legion community. Over the subsequent years, we’ve worked with a number of social media influencers from Twitter and YouTube to bring more visibility to Lamden. We’ve similarly run campaigns on Facebook and Twitter to increase followers across our social media channels. As you mentioned, we recently released several YouTube video interviews which helped convey Lamden’s history, vision, and spirit.
We’re currently running ads on Twitter in close collaboration with the community to attract new Python developers to Lamden. We’re also actively creating incentives for more engagement via our Twitter Lamden Bot.
Our recent work with the community has been focused on getting the most bang for the buck by testing and measuring a variety of marketing/advertising campaigns to identify those that deliver the most. We’re seeing some very promising results from our most recent campaigns and continue to be impressed by the ideas and ingenuity of our community members. If you’d like to get involved, please reach out on Telegram.
X asks, “The marketing company Lamden engaged with in 2021 — what services did they provide to Lamden? We know about the YT interviews but did they provide any other services? Where were these interviews marketed? Was it only uploaded to the Lamden YT or did they push these in other circles and/or platforms?”
We worked with a few companies who assisted with boosting visibility of our existing social media communications, attracting more followers to our Twitter, Telegram and YouTube channels, and helping create content to share with our community (ex. the YouTube videos you mentioned).
PineTreeV asks, “How much more work needs to be done until Community nodes are finished?”
We’re very close. We know everyone is highly anticipating the onboarding of community nodes (we’re in the same boat) and so we’re meticulously working through the remaining issues and hope to have good news to share soon.
Pwd 1337 says, “I’d like the core team to comment on this: https://www.certik.com/projects/lamdentau- it’s still on 99%.”
Note there are other projects at the same threshold (ex. The Graph) since it’s a choice whether or not to make the final report public and so we don’t feel there is necessarily anything to be concerned about.
While it definitely helps, having an audit completed isn’t a guarantee that vulnerabilities won’t still exist. For this reason, we also have an active working relationship with an experienced whitehat hacker and offer bounties to anyone who identifies vulnerabilities.
Benji asks, “These transactions to the value of ~$1,500,000 were sent to Kraken originating from one of the Lamden ETH wallets in April ’21. Can the Lamden CEO give an account of the nature and purpose of these transactions?”
As communicated in prior AMAs, we’re confident in the longevity of the core team. The team has enough funds to weather any bear market and can assure support of the protocol for years to come.
We’d also like to reassure the community that we don’t hold any funds in Silicon Valley Bank and so aren’t directly impacted by the unfortunate and currently unfolding events. Our thoughts are with those individuals and organizations impacted.
In the meantime, we’re diligently working on rolling out community nodes and ensuring the stability of the network.
Thanks again for everyone’s great questions this week!
# TOTALS
- Transactions: 1,298,749 (+1,069)
- Burned: 7,684 (+6)
- Tokens: 188 (-)
- Dapps: 11 (-)
- Contracts: 1,914 (+10)
- Addresses: 25,982 (+26)
Why Lamden?
It’s fast, with tiny transaction fees, and a developer-focus. Built from the ground up to remove technical hurdles and empower developers. Choose to program in Python, or your preferred language, and significantly reduce the time to produce your dApps. Developers are further incentivized since 90% of each transaction fee is returned to the dApp creator. $TAU has a maximum supply of 248 million and is deflationary with 1% of each transaction fee burned. Lamden is paving its own path as the premier Python-based layer-1 blockchain platform. With access to a potential developer base of over 10 million, the sky is the limit. Welcome to Lamden — let’s build together!
