Weekly Update 8/17

MonoX Team
MonoX
3 min readAug 17, 2021

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Welcome to the third week of August! We are more than halfway through the month and we hope that everyone in the community is doing well. It has been a busy month of us closing off both the Testnet Rewards Distribution and Beta Launch Competition. This week’s update will be focusing on the progress of our ambassador programme and the upcoming launch in Q3.

The MonoX team is progressing well with the development of the MonoX Protocol for a Q3 release. We will always be grateful for our supportive community. In the meantime, continue to stay with us for our updates on our different channels. Be sure to keep yourself up to date with ongoing events to get involved with our MonoX ecosystem.

🍻 Community #happyhour Session

We will be having our third community #happyhour session this Friday where you will have another chance to ask our team questions and interact with the community.

📢 Happy Hour now every fortnight!

💬 Chat with our team

📗 Lean more about MonoX

✨Enjoy your weekend

📅 20 Aug, 2pm GMT

🎧 MonoX Discord Server, 🍻-happy-hour channel

💾 Save it to your calendar!

😈 Our #happyhour session runs fortnightly, exclusive on our discord server!

📢 MonoX Ambassador Programme — Monogenes

Monogenes — “one of a kind, one and only” from the Ancient Greek language.

An Overview of Ambassador Programme

Our ambassadors programme continues to strive for growth this week. Our ambassadors have gracefully contributed to translation of articles and submitting of articles. We are still and always recruiting ambassadors on a rolling basis. Do join our ambassador programme to contribute and be eligible for rewards. Our ambassadors being the core of our MonoX community will strengthen community led initiatives. We look forward to more exciting ideas from our ambassadors in August!

MonoX Ambassadors are the driving force of the MonoX Protocol. The public lead initiative is made of DeFi enthusiasts who believe in the future of the MonoX Protocol and want to contribute by playing a key role in our community and ecosystem.

🎁 Enjoy with perks and rewards as an ambassador

💡 Rights to receive exclusives insights about the project

✨ Manage our Discord channel and help the team on countless projects

🚀Q3 Official Launch (Ethereum Mainnet & Polygon)

While the MonoX team is rapidly working through the bugs, improvements, and iterations our business development team is committed to securing additional partners and finalizing our launch plans. While currently only Polygon and SIL Finance are public, we have lots of exciting and interesting new updates that we will be releasing in the upcoming weeks. We are working very hard behind the scenes to grow our ecosystem. The team is incredibly excited for our upcoming Q3 official launch and keep a close watch on our upcoming updates.

About MonoX

MonoX introduces the premier bootstrap decentralized exchange, Monoswap. Project owners can list their tokens without the burden of capital requirements and focus on using funds for building the project instead of providing liquidity.

It works by grouping deposited tokens into a virtual pair with our own vUSD stable coin, to offer a single token pool design.

MonoX will revolutionize the DeFi ecosystem by fixing the capital inefficiencies of current protocol models. With lower trading fees, capital efficiency, and zero-capital token launching — MonoX will expand the capabilities of DeFi.

📱 Stay Connected

Follow our official social media accounts and visit our website to stay up to date.

Website | Documentation | Twitter | Telegram | Discord

🚨 IMPORTANT

Be careful of fake Telegram groups, and Twitter accounts trying to impersonate MonoX. $MONO tokens ARE NOT in circulation.

Always verify that you are on our official Twitter page, Telegram group, or Discord

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