VIMworld weekly roundup — 10 April, 2022
Welcome the the weekly roundup! We hope you’ve had a great week wherever you are in the world. Enjoy the latest instalment of our ongoing VIMworld weekly recaps!
Content transferred from the Discord weekly round-up. Join the VIMworld Discord channel here so you don’t miss a beat: Discord
VIMworld and partner events
Venix rises!
Congratulations to the 120 unique wallets that received a Venix by participating in the Vexchange VEED-VET Liquidity Pool as stipulated. A total of 200 #73 Venix VIMs were minted!
Bonus for Venix holders when liquidity mining in the VEED-VET pool
One of the unique utilities of Venix is to boost earnings for individuals staking liquidity at Vexchange. Facilitated by VIMworld, wallets holding a Venix will receive a blessing worth between 50% and 300% of their monthly VEX mining rewards, paid in VEED, depending on the tier of their Venix VIM.
In order for the rewards to be calculated, users must claim their mined VEX tokens. See the following article for full details: https://t.co/xsCqyc0DDk
Vexchange VEED-VET liquidity mining launch
Vexchange opened their liquidity mining portal for the VEED-VET pool at approximately 1AM UTC on 8th April. This means you can now stake your LP tokens for VEX rewards at https://farm.vexchange.io/.
Furthermore, the Venix bonus VEED applies to these earnings, provided you have a Venix in your wallet at the monthly snapshot. Please take the time to understand the risks posed by impermanent loss when providing two-sided liquidity to a decentralized exchange. More on that can be found here: https://docs.vexchange.io/docs/v2/advanced-topics/understanding-returns/
Dutch King’s Day VIMproducer submission deadline
Friday was the final day for submissions for this event. The voting process will begin shortly.
In the community
Feeding
VIMmers fed a net 3.6 million VEED into their VIMs this week. The amount of VEED inside the feeding contract has now grown to over 1.59 billion VEED.
The A-tier artwork was revealed very quickly for Venix. Great job, community!
Coming next
- Voting process for the Dutch King’s Day VIMproducer event
- Release of the first public version of Nufinetes wallet
Access VIMworld Now
VIMworld is a revolutionary non-fungible token (NFT) ecosystem that creates a space where entrepreneurship and play combine and thrive. At the core of VIMworld are VIMs themselves, each one unique and permanent. VIMs are Smart NFTs that will deliver an immutable system of authentication, allowing their owners to both store and build value through play whilst building meaningful connections with others.
VIMworld can be accessed through VIMworld.com using a VeChain-enabled browser such as the VeChain Sync browser or Google Chrome + Comet Extension. It is also accessible on mobile devices through the VeChainThor Mobile Wallet on iOS and Android.
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