Socket Community Update #3

Socket Official
Socket Protocol
Published in
3 min readMay 30, 2022

Last month, suffice to say has been an exciting month both for markets(we hope you’re doing okay!) and Socket where we had a series of events and announcements.

If you haven’t been following along with our updates, here is the rundown to get you up to speed over a cup of coffee! ☕

Integration testimonials 🎉

Socket adds value to our partners on a daily basis and is able to provide a truly multichain experience to users. Here are some snippets from partners & devs:

  • Lyra mentioned Socket and how we power Brahma’s cross-chain option vaults on the Bankless podcast
  • A quick glimpse into how we simplify the bridging experience for Ambire wallet users
  • Socket APIs enable a team of 2 devs to build out a fully functional bridge app for a hackathon over just a weekend!

#L222 campaign & Refuel demand 🌉

Bungee and imToken jointly conducted our first campaign to onboard users to Arbitrum for #L222 summer! The campaign was a great success and managed to get 5000+ users to make their first jump to Arbitrum and try out the apps on its ecosystem.

The refuel feature became a go-to feature among Bungee users and saw a whooping 2500 refuel transactions in just a month from launch

Caught in 4K 📷

Last month, you would have caught the Socket team in several media appearances including:

  • AMA with frens from Timeswap where our co-founders presented some interesting ideas on the future of cross-chain DeFi
  • Our co-founder Rishabh joined the OG Tally Ho’s community call discussing Socket’s role in the multichain world
  • Fireside chat with the Elk Finance

We also conducted our first-ever office hours with Shrey and VC giving a rundown of how refuel works behind the scenes!

Product Updates 🛠️

We got major product upgrades for both Socket & Bungee this month

  • Socket’s liquidity layer got a performance overhaul with quotes now delivered blazingly fast!
  • Socket’s v2 APIs now give our partners a better breakdown of fees
  • Across & Optimism native bridge now live on Bungee
  • Bungee now supports Walletconnect and also added a slick UX for mobile support

Multichain Hub 📚

DPB, our technical writer continued to publish some great educational content to learn all about the multichain. If you are just starting out, here is a simple learning guide for you to become a multichainoor overnight.

Community 💜

Last but not the least, our coolest community of Socketeers! We are proud to have grown to a 7.7K strong Discord community & 14.5K super followers across our Twitter socials!

While the Socket community has significantly grown, there is still an ever-passionate curiosity & desire to contribute as we build towards the grand multichain vision, and we can’t be more thankful 🙏

Want to join the Socketeer Army?

  • Be a part of our community here!
  • We’re hiring! Check out our job postings if you’re interested in joining the core team.
  • Check out our docs here to BUIDL on Socket

Socket Website | Bungee | Twitter | Discord

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