Conflux Network Weekly Update | April 9 - April 15
Conflux Network Weekly Update | April 9 - April 15
Conflux launches NFT hackathon with Decentology; Introducing the first multi-token yield farming campaign with Moonswap and ShuttleFlow; Conflux and Hummingbot team up for liquidity mining campaign
Latest From Conflux
Announcing the Conflux + Decentology Mini NFT Hackathon
Conflux is excited to team up with Decentology to host a 2-week Mini NFT Hackathon, a friendly competition to help developers get started building NFT applications on Conflux. The hackathon will run from April 9 through April 25. Complete hackathon details can be found here!
🗓 Hackathon dates: April 9 - 25, 2021
💰 2000 CFX in prizes, opportunity to apply for a Conflux Ecosystem Grant, and Conflux swag!
Introducing the first-ever multi-token yield farming campaign with MoonSwap and ShuttleFlow
Recently Conflux announced that we have reached a strategic partnership with OKExChain to make it easier for global DeFi projects to enter Asia. To build liquidity for these new cross-chain assets, we will be using our ecosystem DEX MoonSwap to build deep liquidity and volume for the Cohort members introducing their tokens to new chains.
Starting April 21st, a 1-week yield farming campaign with rewards paid out in $CFX, $cMOON, and the Cohort project’s native token will be launched on MoonSwap under the new “Galaxy” farm.
Conflux and Hummingbot team up for liquidity mining campaign
With Conflux’s strong presence in China, we are excited to introduce Hummingbot to our community in the Greater China region. This campaign will enable Conflux to gain broader recognition within the 11k trader-strong Hummingbot community across the globe, as well as this initiative will act as a catalyst for Conflux’s continued global expansion, placing the Conflux project in front of thousands of international traders.
Community & Events
AMA with our Founder, Fan Long!
Missed the highly anticipated AMA with our Founder Fan Long? Check out the video recording of the AMA above. Fan sat down with the community to answer questions about our technology, what we bring to the DeFi ecosystem, our regulatory-compliant standing within China, and where the network is heading.
Community Ambassadors Program
If you are an active blockchain community member and love Conflux Network, we encourage you to sign up for our Community Ambassadors Program! We welcome all applicants regardless of your location! You will be responsible for organizing local meetups and sharing the word about Conflux in your community.
Industry News
An overview of social tokens
Social tokens allow creators to directly interact with their fans or community members and monetize their content in a more flexible and creative fashion. Many Web3 tools have been developed to help grow social token-enabled communities. Social tokens remain a niche sector, with some signs of wide adoption outside of the crypto circle. Source
China writes blockchain and digital currency into the nation’s future
For the first time, the words blockchain and digital currency have been officially written into China’s blueprint for the next half-decade. The National People’s Congress published the 14th five-year plan after the curtain dropped this month on Lianghui. Source
On the modularization of decentralized governance
Decision-making in crypto protocols has primarily been done via democratic token voting (with the added ability to delegate to others). Voter apathy and a large concentration of tokens lead to a handful (or even a single) voters being able to push decisions through unilaterally. Source
Open DeFi Launchpad introduces its first partners
In early March, Open DeFi established a global launchpad in collaboration with its member network, to nurture early-stage projects building the future of decentralized finance. Projects joining the Open DeFi Launchpad will have the opportunity to collaborate with established DeFi protocols, research groups, and more. Source
The liquidity liability
Protocols allow us to program people with tokens. They open up a huge design space for new kinds of economic engineering. The mechanism design community forming around tokens is using memes and technology to craft a new reality. Source