Week in Review #3 — Simply Staking
A recap of what went on in the networks we participate in and updates from our team in the past week.
DeFi is getting accustomed to the recent fallout of Terra, while Terra itself is turning to a new page by forking its blockchain and forming LUNA2.0.
Updates
Secret
The commission rate on our validator on Secret has been dropped from 10% to 5%.
Our Simply Staking validator on Secret is now REStake enabled and ready for auto-compounding!
https://restake.app/secretnetwork
Secret (SCRT) listed on KuCoin exchange.
Evmos
Inflation is enabled and as of writing has an APR of 1354.05%. Note that staking rewards are distributed daily at 19:00 UTC.
Osmosis
Latest listing on Osmosis: Evmos (EVMOS).
The significant IBC volume in USD value from Osmosis to the Evmos chain in the past week is of $17,837,443 at the current price.
Ixo
Ixo will begin launching its Impact DAO marketplaces on its Launchpad. Impact DAOs can host their own impact marketplaces using the ixo platform. The Impact DAO marketplaees serve as an intermediary to connect agents of impact with interested participants. Therefore as a participant and ixo staker, you will be able to bond $IXO into each voting epoch to elect DAO candidates you believe in.
The first one starts on 21st June, Impact DAO projects are added every week and voting Epochs last 21 days.
Learn more about the Ixo Launchpad on their blog post.
Juno
In line with the passing of proposal which we voted ‘Yes’ for #23 — Community Spend Proposal for Creation of Terra Developer Fund, which set up a treasury of a newly-formed Terra Developer Fund Multisig on DAODAO, Juno is now welcoming 3 projects from the Terra ecosystem, Leap, Loop and Kado.
Loop Finance, a platform built on Terra has announced that it will be migrating from Terra to the Juno Network. Loop Finance is the second legest Terra DEX and NFT Marketplace. Their new token will be launched on Juno based on multiple snapshots before and after the de-peg. Learn more here.
Kado, a fiat on/off-ramp application is migrating to Juno. Kado is the preferred payment infrastructure for several projects from artists coming from the Terra ecosystem. This is a notable mention as along with it, brings along its users to the dedicated Juno community.
Leap is a Super Wallet for web3. It provides a way to stake, swap and send and receive tokens. Leap also supports NFTs by means of viewing them, tracking floor prices and sending them. The fact that Leap will be expanding to the Cosmos ecosystem serves as an alternative product available to serve the rapidly growing community on Juno and beyond.
Oasis
Beefy Finance integrates with YuzuSwap on Oasis. Beefy Finance, a yield optimizer platform, serves its users by providing a yield on their crypto and does so by means of vaults. Moreover, YuzuSwap was the first DEX built on Oasis Emerald.
With this partnership, five Vaults have initially been opened on Oasis for the following YuzuSwap LP token pairs:
- YUZU-Rose
- ceUSDC-YUZU
- USDT-YUZU
- USDT-ROSE
- wETH-ROSE
About Simply Staking
Simply Staking is a blockchain infra provider across 40+ networks, across various ecosystems. PoS validators on Cosmos Hub from genesis, Oasis, Emoney, Akash, Kusama, Polkadot, and many more.
We also operate node infrastructure on the Chainlink network providing price feeds to Aggregator contracts which are used by major Ethereum DeFi apps. Our participation in Chainlink aggregator contracts spans other networks such as Layers 2s, BSC, MATIC, XDAI, RSK, and more.
We’re also a Lido ETH2.0 operator, enabling us to run 1000s of ETH validators.
Simply VC also comprises other dev teams building financial, blockchain, and infra monitoring tools.
All our infra is run off self-hosted or co-located servers, with no cloud usage at all and our base being in Malta.
Stay tuned to Simply Staking for more weekly newsletters, guides, and documentation:
- Website: https://simply-vc.com.mt
- Twitter: https://twitter.com/SimplyStaking
- Discord: https://discord.gg/Kpzc58Gu9a
- Telegram: https://t.me/SimplyVC
