Valuable @monad_xyz mentioned that the big event is the acquisition of a stablecoin company.
I have to say that this year the stablecoin sector is really hot, and monad has also started to lay out its plans, making the ecosystem increasingly rich.
Looking forward to the early launch of the monad mainnet.
Additionally, yesterday @0xNADSA from the monad ecosystem is drawing @chogstarrr's whitelist, so everyone can participate.
This whitelist should be quite valuable.
How to participate: Play the game, roll three golden flowers to win.
Today, let's talk about @Lombard_Finance's LUX points system.
What are Lombard Lux Points? Lombard Lux Points are a loyalty and rewards mechanism launched by Lombard Finance, aimed at incentivizing users to participate in its ecosystem. This is not an asset that can be freely traded, but rather a 'on-chain loyalty proof' representing your contributions to the protocol. Whether you are re-staking BTC, depositing into the LBTC or stablecoin treasury, or holding assets for the long term, you can earn Lux Points in the following ways:
-Re-staking BTC: Re-stake your BTC through Lombard's partnership with Babylon.
-Depositing and Holding: Deposit funds into the LBTC or stablecoin treasury; the longer you hold, the more points you earn.
-Participating in Activities: Join seasonal Lux Boost events, referral programs, or ecosystem tasks.
Why are Lux Points so important? Lux Points are not just numbers; they are the gateway to future rewards! According to posts and community discussions, these points may play a key role in the following aspects:
-Protocol Governance: Future protocol decisions may be influenced through a DAO structure.
-Token Distribution: There are speculations that Lux Points may be linked to future $LUX tokens or governance token airdrops.
-Exclusive Privileges: Unlock new features, treasuries, or partner events.
-Reputation Boost: Achieve higher levels within the protocol.
How to get started? -Connect Wallet: Visit the points dashboard provided by Lombard, connect your wallet to track Lux Points in real time.
-Engage with the Ecosystem: Start re-staking BTC, depositing, or joining activities.
-Long-Term Holding: The longer you hold, the greater the rewards!
Join the Lombard DeFi Revolution Lombard Finance is committed to bringing 10% of Bitcoin's $15 trillion market cap into DeFi, providing users and institutions with new financial tools through its flagship product $LBTC. Backed by top investment firms like Polychain Capital, Lombard is reshaping the DeFi landscape with a security-first approach.
1. Portfolio View The Portfolio View was launched in early June - a unified way to see everything in your Infinex account at a glance, from wallets to vaults. Small changes make tracking your assets faster, easier, and more intuitive.
2. 100 Million μPatron Distribution 100 million μPatron have been distributed to sKAITO and YT-sKAITO holders. If you hold Yapybara NFT in the same wallet, you receive a 10% reward. The Kaito ecosystem is about to see two airdrops.
3. Avalanche Launch Avalanche launched on Infinex in mid-June. Fast execution combined with an excellent user experience – deposit, earn, and swap any Avalanche asset directly on Infinex. Sub-second finality without sacrificing speed, security, or simplicity.
4. Multi-Key Support Multi-key support has arrived - you can now add up to 3 keys to your Infinex account. No more worrying about being locked out. Your phone, laptop, hardware key - everything is secure and reliable, available at any time.
5. Infinex Connect Launch Infinex Connect has launched for Patrons NFT holders. Our next step in bringing the Infinex experience into DeFi begins with support from @Aave and @synthetix_io.
Additionally, if you have BTC on Infinex, we recommend exchanging it for $LBTC to enjoy another dish from @Lombard_Finance.
Went out to play for a day, came back at night and found on Twitter that @monad_xyz's tokenomics and airdrop shares are being discussed.
But this chart looks ridiculous, the testnet only has 5%, yet the role has 20%. Just enjoy it for fun.
It's July, and as long as there's no official announcement, let's keep interacting.
I recommend a good ecological project @MadnessExchange, if you have extra $mon, you can just hold it and mine a bit, the APR is high so try to earn more $mon. Portal: https://madness.finance
In addition to staking, you can also complete their point tasks, and once you meet the requirements, you can mint their NFTs.
@infinex can directly purchase @Lombard_Finance's $LBTC
Both projects are ones I am extremely optimistic about.
Infinex's Swidge feature allows you to buy $LBTC across five chains including Ethereum, Base, BNB Chain, Berachain, and Sonic.
While interacting, besides playing cards every day, everyone can make good use of the Swidge feature, it's very smooth.
Additionally, Infinex has also supported a new chain @inkonchain, and you can now directly deposit, send, and exchange your favorite Ink tokens on Infinex, including: $USDT0 $PURPLE $SHROOMY
Let's also check the progress on @Lombard_Finance's side. The founder @JacobPPhillips is very active, often accepting media interviews and hosting spaces to promote Lombard.
Both are good projects, and the future is promising!
I heard that @JupiterExchange now supports US stock trading.
I found that @infinex has also caught up, but currently only supports trading of US stocks for esteemed Patrons NFT holders.
I must say, infinex's action is quite swift as well.
Additionally, the Alpha version of Infinex Connect is now open to Patrons NFT holders,
This is the first step in bringing the Infinex experience to DeFi and realizing a new generation of modern crypto applications.
What is Infinex Connect?
Connect allows you to use your Infinex account just like connecting your wallet to external applications, and the experience is even better.
→ One-click automatic connection → Clear signature prompts, fine-tuned control → Built-in Swidge for easy portfolio management on the go → Supports multi-chain applications (no need to switch chains) → And more...
Currently supports the two protocols @aave and @synthetix_io, with more applications to be opened in the future.
Five impoverished, six desperate, seven turning points. Is July the time for a turnaround?
@monad_xyz's official Twitter has been hinting that the mainnet is coming soon.
I also noticed that @Polymarket has added a betting option regarding the FDV after the monad listing.
All signs indicate that the monad mainnet is on the verge of launch.
Everyone, don’t give up. Keep interacting and keep talking.
How to join the purple wave of Monad? Although the Monad mainnet has not yet launched, now is the golden period to engage with the ecosystem! Here are several ways to become a part of the Monad community:
1⃣ Join the community: Enter Monad's Discord or Telegram, actively participate in discussions, strive for an early role, and gain potential future airdrop opportunities.
2⃣ Participate in the testnet: Obtain test coins through the official faucet or other channels, experience ecosystem projects like Kintsu staking, Nostra lending, http://Nad.fun, etc., and explore Monad's high-performance network.
3⃣ Create and share: Create Monad-themed memes, articles on Twitter or other platforms, or engage in community activities to showcase your creativity and gain attention.
If anyone has idle BTC, I think you can take a look at @Lombard_Finance's recently launched pool.
Currently, it can achieve one fish with four meals, all of which are very strong projects. - @katana, a DeFi-oriented L2, with a 12% $KAT incentive, unlocking transfers next year (incubated by @0xpolygon x @gsr_io)
- @veda_labs yield infrastructure, raised 18M
- @turtleclubhouse is also a project on kaito
- @Lombard_Finance, a well-known name, no need to elaborate
Funds can only generate value when they flow.
DeFi is not just about staking and trading. It aims to build tools that truly empower finance.
This is where @lombard_finance stands out.
This is not just DeFi. This is the wealth layer of cryptocurrency.
I just got home and after scrolling through my feed, I noticed everyone is really hustling, even on the weekends.
Speaking of which, after hitting 27th place the day before yesterday on @infinex,
I discovered a few tips:
1. Choose one card for each cryptocurrency, because the score for the second card is halved.
2. Select some leading cryptocurrencies, like UNI or DOGE.
3. If the market is really poor that day, just choose stablecoins.
4. Keep an eye on the market that day; if there’s a spike in rankings, you can lock in your cards promptly.
5. Create several accounts, choose different decks; if one side isn’t bright, the other might be.
Additionally, the new Infinex Connect will be fully open next Monday, supporting DeFi protocols like Aave and Synthetix. Make sure to give it a try then.
Recently, @monad_xyz announced a public offering on echo.
If you have time, you can create some echo accounts in advance. I just checked and saw that many top institutions have opened groups in echo to provide new project opportunities. Even if you don't use it this time, you will eventually use it next time. The recently popular plasm was also launched on this platform.
Speaking of monad, today there is a new ecological NFT worth participating in: Backpack x Fastlane x Pingu Collaboration Limited to 20,000 pieces, requires 20 shmon.
1. First, go to http://shmonad.xyz to stake mon and obtain shmon.
2. Then go to https://app.meowfi.xyz/?vault=Backpack%20x%20Fastlane%20x%20Pingu… Just deposit 20 shmon here.