NEOPIN Monthly Update: December 2023

NEOPIN
NEOPIN
Published in
3 min readJan 3, 2024

Hello NEOPIN community,

Welcome to our December Monthly Recap — the last edition of the year! As the days grow colder and the festive spirit fills the air, let’s take a relaxed look back at the moments that made this December unique. December unfurled before us like a snowy canvas, painting scenes of celebration, collaboration, and reflection. Together, let’s delve into the festive moments and significant milestones that colored our December journey.

Tokenomics

  • We proposed the NEOPIN Token Deflation Governance Vote Proposal (NIP-1), and it has passed with the majority support of the community. As a result, starting from Q1 2024, the NEOPIN AutoRM protocol will regularly retrieve circulating NPT, leading to the sustained deflation of the NEOPIN Token. Learn more here.

Products

  • We proudly announced the successful completion of our Q3 & Q4 2023 roadmap. Key milestones include the addition of the Cosmos & Arbitrum One chains, the introduction of AutoRM for NPT, and the launch of governance voting for Klaytn and Finschia. Read more here.
  • We announced the addition of the Arbitrum One chain support on NEOPIN. This allowed users to seamlessly deposit and withdraw $ARB and $ETH on the Arbitrum network, bringing improved efficiency and cost-effectiveness to their transactions. Read more here.

Partnerships

  • We have signed a Memorandum of Understanding (MOU) with the Finschia Foundation to launch FNSwap — the first-ever decentralized exchange on the Finschia mainnet. The anticipated launch is scheduled for Q1 2024. Learn more here.
  • We have partnered with Jasmy, a venture company founded by a former Sony executive, to enhance our global blockchain presence with innovative RWA products grounded in ‘Data Assetization’. Learn more here.
  • We have signed a strategic partnership with AIRian to revolutionize the future of running through Web 3.0 integration. Learn more about the partnership here.
  • We have joined forces with Project SEED to Elevate the Web3 gaming experience. The partnership aims to connect IP holders and game studios, bringing more diversity and quality to the Web3 gaming universe. Read more here.

Press & Media

  • NEOPIN was featured in Abu Dhabi Investment Office’s (ADIO) promotion video. Happy UAE’s 52nd Union Day! 🇦🇪 Watch the video here.

Governance

Klaytn

  • We abstained from voting on the Klaytn Governance Proposal KGP 21 as the community’s voting rate fell below the minimum required votes on NEOPIN.
  • We abstained from voting on the Klaytn Governance Proposal KGP 22–1,2,3 as the community’s voting rate fell below the minimum required votes on NEOPIN.

Finschia

  • We have voted “YES” with a voting rate of 91.19% from the NEOPIN community on Finschia Governance proposal #19 — Finschia v2 Policy Upgrade.
  • We have voted “YES” with a voting rate of 91.4% from the NEOPIN community on Finschia Governance proposal #20 — change the unbonding time parameter from 1day to 7days.
  • We have voted “NO” with a voting rate of 47.68% from the NEOPIN community on Finschia Governance proposal #21 — Service Contribution Reward (November 2023).

Check out the staking products on NEOPIN!

🥇 ATOM ▶️ 14.07% APR
🥈 FNSA ▶️ 11.94% APR
🥉 KLAY ▶️8% APR
*The displayed APRs are estimated and should not be considered guaranteed rates of return.

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