Hey there!
What a month for crypto. Many things happened the whole time; the good news is, whichever way the market flips, AshSwap is working harder than ever to update new features & updates.
Let’s take a look at what we got in this November.
November Milestone
Community Growth
In the past month, we have gained a lot of followers and interest in the media. It’s nice that more and more people know about and support AshSwap.
- 🐦 7.4k new Twitter followers
- 👥 6.2k new Discord members
- 👥 3.188 new Telegram members
New Partnership
ITHEUM
Itheum is one of the most successful projects launched on Maiar Launchpad with impressive results. Itheum is providing a “decentralized data brokerage technology” — it’s a suite of tools that enables high-value data to be bridged from web2 to web3 and then be traded via peer-to-peer sales. It allows for “viral adoption” via our creative “Data NFTs” (provide “inner value” to NFTs and enable royalties / limited supply) and “NFMe ID” technology (a living Metaverse avatar representation of you — wrapped as an NFT and backed by personal data) and our innovative Data Coalition DAOs (which bulk trades your data).
autoscale
- Autoscale is the first yield optimizer on Elrond (now MultiversX), allowing you to earn better interest on your cryptos.
- Two main things you need to remember are Vaults and Strategies.
Vaults are where you deposit your funds, and Strategies will do everything for you.
Strategies are developed by the Autoscale team for different assets and will be used for passively maximizing your yield; there are plenty of strategies, such as auto-compounding for LKMEX, or EGLD-USDC,…
ember
Ember is creating the first sharing economy for NFTs, gaming, finance & entertainment with the introduction of the Ember Marketplace, Ember Web3 Wallet, and the Ember NFT Protocol. Ember’s innovations allow everyone to rent, borrow, and share digital assets; solving the problem of the illiquid NFT market. Ember’s revolutionary products will see billions of dollars of untapped value in idle NFT assets get unlocked, and see new opportunities for the industry as a whole open up as Ember challenges the status quo in the way NFTs are transacted.
jexchange
- JEX is a decentralized exchange that allows the safe exchange of Elrond ecosystem tokens between users. The goal is to provide a simple and intuitive platform to create token exchange offers by interacting with a smart contract to benefit from the high level of security of the Elrond blockchain.
- P2P trading at JEXchange uses a listing mechanism, the seller deposits a certain amount of tokens and requests EGLD or another token in exchange, and the buyer provides the corresponding requested amount to complete the transaction. Combined with an intuitive and easy-to-use interface, they have become the most known and used P2P exchange in the Elrond ecosystem.
Other Activities
- Joined xDay event as a gold sponsor & had a presentation at the event stage. Our CEO, Neil Nguyen, took the stage to tell the world about the journey of Ashswap, how we chose to build a DeFi Dapp, how we chose MultiversX, and how we were able to come here — X Day Event — with many other projects in the MultiversX blockchain.
Check out xDay Ashswap Presentation: https://medium.com/@ashswap/ashswap-presentation-at-x-day-event-shaping-a-new-defi-era-on-multiversx-1b8d0c1f4c66 - Animated AshsSwap sticker for Discord & Telegram updated.
Let’s use AshSwap Stickers now!
- Battle of Yields 2 event with 70k registrations compete for a $10,000 prize pool. The battle has been fierce for more than 3 weeks to find the strong warriors to win.
- Tokenomics details updated at https://docs.ashswap.io/resources/tokenomics
What’s coming in December?
December will be a month of innovation, with the launch of the new product feature DAO on Devnet and the ASH Point Program. It will bring more interesting things to AshSwap users, stay tuned.
