Hello MoonSwap community. Thanks to our collaborative work, the MoonSwap ecosystem has made some milestones during this week.
Development wise, the Kepler Protocol has been officially launched, and the current asset size exceeds $1 million; MoonSwap has completed the 6th BURN, and the current total burned amount has reached 1,310,200 $MOON; the YAO is online to MoonSwap DappStore.
Ecosystem wise, the ConDragon game has completed maintenance and updates, and at the same time, the “Road to Fighting Power Improvement” event is launched, with generous rewards; the YAO NFT auction event ended, and a total of 3201.56 cMOON went into the burn hot wallet; GNA welcomed a new member: Alpaca.
Community wise, in order to further enhance the user’s trading experience and increase liquidity, we plan to adjust the weight of mCFX-cMOON from 5 to 8. At the same time, MoonSwap will also hold a CoHort Mining activity with Conflux, and Conflux will provide 70,000 CFX as additional rewards. We will determine the mining weight adjustment this time through community voting. The voting result has been announced.
1. Kepler went online for a week, with assets exceeding $1 million
Kepler went online for a week, with assets exceeding $1 million.
Kepler Protocol Tutorial:
The Kepler Protocol is an asset management protocol developed by MoonSwap, dedicated to improving asset utilization efficiency.
mToken is an interest-bearing asset in the Kepler protocol. mToken can participate in market making and yield farming in MoonSwap, and it can enter other projects to obtain income through Kepler Protocol.
The exchange ratio between mToken and original assets is always 1:1, and you can do the convert at any time.
The income of the Kepler Protocol is mainly divided into 3 parts: Liquidity Provider market-making Profits, third-party protocol profits and yield farming profits.
Kepler Protocol — The Solution To Increase AMM Assets Utilization to 100%
What is Kepler Protocol?
2. MoonSwap completes the 6th burn
MoonSwap has completed 6 token burns, totaling 1,310,200$MOON, accounting for 6.1% of the current total circulation.
3. YAO is listed on MoonSwap DappStore
YAO has been online to MoonSwap DappStore, click “Dapp” on the MoonSwap APP homepage to experience it.
Ancient Chinese Gods is a cryptographic collection and blockchain competitive game inspired by “the whole series of Chinese myths and legends.” The Ancient Chinese Gods will distribute YAO to miners through liquidity mining（YAO, the Ancient Chinese Gods tokens), Miners can stake well-known NFT assets on the Conflux Network or Ethereum Network to get YAO. Meanwhile miners can stake YAO or YAO — CFX LP token to get Xiang, user will use Xiang to exchange Ancient Chinese Gods NFT.
1. The ConDragon game has completed maintenance and updates, and at the same time, the “Road to Fighting Power Improvement” event is launched
ConDragon launched the “Road to Fighting Power Improvement” event on June 3, and the event was rewarded with generous rewards. At the same time, ConDragon also completed the game update.
2. GNA welcomes new member: Alpaca
On June 7th, Alpaca joined GNA (Global NFT Alliance).
GNA was initiated by MoonSwap, and is committed to “Promoting the Wider Application of NFT”.
3. YAO NFT Auction Event Ended
The Ancient Chinese God serial NFT has been launched on the MoonSwap NFT trading market. The community donated the serial NFT NO.1 for auction, and all the cMOON obtained from the auction will be used for BURN.
At present, the auction has ended, and the 3201.56 $cMOON obtained from the auction has all entered the hot wallet for burn.
MIP#2: Increase the weight of mCFX-cMOON from 5 to 8 #Mining weight voting ended
Since the Kepler Protocol was launched, more than $1.3 million of assets have been in the Kepler Protocol. In order to further enhance the user’s trading experience and increase liquidity, we plan to adjust the weight of mCFX-cMOON from 5 to 8. At the same time, MoonSwap will also hold a CoHort Mining activity with Conflux, and Conflux will provide 70,000 CFX as additional rewards.
Now, we will determine the mining weight adjustment this time through community voting.
PLAN A: 499.13 MOONPOWAH
cMOON-cETH: 68x to 65x
mCFX-cMOON: 5x to 8x
PLAN B:5200 MOONPOWAH
cUSDT-cETH: 8x to 7x
cUSDC-cETH: 4x to 3x
cDAI-cETH: 2x to 1x
mCFX-cMOON: 5x to 8x
The total number of votes participating in the voting has exceeded 1500 MOONPOWAH, and the voting results are valid.