A few highlights of activity over the past week across the Lamden community:
# NEWS
- The $YETI team has released a new website so users can quickly and easily swap their $MARMITE tokens for $YETI. The team is planning to distribute the first rewards to members on April 2 at 8pm GMT (to allow time for swapping); rewards will continue to be distributed once every 24 hours to members that hold 50 million+ $YETI tokens. In addition, 1% of the tax from buys/sells will be used to regularly rain/snow within the $YETI Telegram chat.
- $YETI is now a verified token on the Rocketswap exchange.
- crosschainer, developer of the Taurus NFT marketplace, is also working on a new PvP role-playing game where you fight monsters and other players to collect equipable and sellable loot (NFTs). A short video demonstration shows how players can equip an LNS NFT to assign as their character’s name.
- The latest Rocketswap Leaderboard competition has wrapped up. Stay tuned for winner distributions and the next competition!
# 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…
Rafael Nejati asks, “How much is the liquidity and why can’t we use $10k from it for marketing purposes?”
We welcome all ideas however our focus at the moment is getting our community nodes and DAO fully operational. Marketing is not an immediate priority but understand this is important to members of the community and worth re-exploring at a later time. In the meantime, we’re dedicated to maintaining and growing our various social channels.
Nmln asks, “Any information regarding the wallet? Is it still getting delisted from Chrome in June?”
The Lamden Vault wallet is a beloved tool and the recent feedback from the community has been invaluable. We’re very happy to report that Allen has begun updating the Vault wallet for the transition to Manifest V3. We don’t have specific dates to share at the moment but we’ll continue to keep the community informed.
PineTreeV asks, “What tokens are surely to be added on Lamden Bridge or being truly considered? What is the criteria for a token to be added on the Bridge and will they be added if said conditions are met?”
The priority is rolling out community nodes. Unfortunately we can’t commit to adding tokens to the bridge at this time. If and when that changes, we’ll definitely share that information with the community.
Gary D asks, “So what is the team going to do to attract new developers?”
We are currently running advertisements on Twitter but are holding off on doing active recruitment until the community nodes are fully implemented. We want to make sure we’re giving a good first impression to new members.
PineTreeV asks, “Will the team hire developers for needed changes to the system like the Lamden Wallet, nodes, or any new features that might be needed? Or is that for the community to decide on with the DAO after decentralization (community nodes fully added)?”
The team will continue to support and maintain the protocol. Jeff is laser-focused on resolving the remaining bugs needed to roll out the community nodes and DAO. Other projects like PixelWhale and LamdenLink have been deprioritized until he can finish getting the chain decentralized.
Additionally, we encourage others to develop new tools like a wallet to give users options. Competition makes us all strive to do better, drives innovation, and ensures the community always has a choice.
thatguy asks, “Who does the Team consist of these days?”
Developers include Stu, Jeff and Allen. Mykyta did great work on our node tech and has now moved to a part-time contributor role.
thatguy asks, “What is the overall feel of the team towards further progress of Lamden and its future?”
We love Lamden, always have and always will!
thatguy asks, “If team believes in the future of Lamden and are making steps to achieve a brighter future, is a Buy Back being considered at the ultra low prices as the team can build up future Lamden Labs funds for further growth and development once Lamden sentiment improves?”
No buy backs are planned.
Chief Yeti asks, “In the last AMA you mentioned you will restore WETH liquidity ‘once time frees up’ but surely replacing liquidity takes about 15 seconds so what is the hold up?”
It’s still on our radar to enable the WETH bridge. The WETH contracts still need to be updated and the LamdenLink test environment was on Kovan (which no longer exists). So it’s unfortunately not as easy as just flipping a switch. Jeff’s time is focused on rolling out the community nodes and DAO first and foremost. Addressing these other priorities will come next. Thanks for everyone’s patience!
Thanks again for everyone’s great questions this week!
# TOTALS
- Transactions: 1,301,913 (+1,329)
- Burned: 7,700 (+6)
- Tokens: 190 (-)
- Dapps: 11 (-)
- Contracts: 1,929 (+2)
- Addresses: 26,177 (+17)
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!
