Pine Protocol News
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Decentralized two-sided NFT-backed loan protocol. Borrow ETH against your NFTs instantly!

πŸ‘Ύ Join our Discord! bit.ly/PineLoans

🌐 https://pine.loans/

🐦 https://twitter.com/PineProtocol
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March and April have been quite busy for us at $PINE. We've prepared a brief overview of whats happened over at Pine since March, along with small glimpse into whats next.

Be sure to take a look πŸ‘‡

https://bit.ly/PineUpdate
Vote & Win πŸ† Mfers!

Participate in PineDAO Voting and Win!

1️⃣ Burn / Stake your $PINE prior to PIP-7 [4/24]
2️⃣ Once PIP-7 is live, cast your vote! [4/24-4/25]
3️⃣ One random winner drawn [4/27] πŸ”₯

minimum vote size 1000 shares

Burn/Stake here πŸ‘‡
https://app.pine.loans/governance
πŸ”ŠVoting for PIP-7 is live!

⚠️ If you have staked or burned $PINE be sure to vote to automatically be entered to win a #mfers NFT valued at $1500! 🎁

Voting ends April 25th 14:00 GMT

https://snapshot.org/#/pineprotocol.eth/
πŸ”ŠVoting for PIP-7 has finished!

Users have voted NOT to enable rewards for borrowers and lenders this epoch😱

⚠️Users will NOT be able to claim rewards for this epoch.

βœ…Reward accumulation will resume next epoch (4/28)

Winner of the #MFER giveaway will be announced on Twitter 4/27
⚠️Shortly we will begin preheat for [PIP-8] - Enabling Liquidation Fees.

PIP-8 will have lenders wishing to liquidate expired loans, remit a small fee in $PINE or ETH, to fund the PineDAO community treasury❗️


Full details can be read below πŸ‘‡
https://bit.ly/pinepip8
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πŸ†The Winner has been selected for the #MFER giveaway.

Congrats to
0x083E0976fc2D45Dbf56f8D273F1806F74bF009EF πŸ”₯

The MFER NFT will automatically be sent to your wallet within 2 weeks!

Stay tuned for the next fun giveaway :)
πŸ“’Announcing PIP-10 [Halving Borrowing & Lending Incentives]

Are current incentives for borrowers and lenders (208k $PINE / week) too high? or perfectly fine?

In 24 hours we'll open up voting for the community to decide whether or not to decrease the weekly rewards

Stay tuned!
Should weekly incentives for borrowers and lenders be reduced?🎁

If you are a $PINE burner/staker be sure to vote!πŸ—³

P.s. if you vote you might get something cool πŸ˜‰

Voting Period
May 4th - 14:00 GMT
~ May 11th 14:00 GMT

https://snapshot.org/#/pineprotocol.eth/proposal/
🌲Pine AI Art Contest!

🎨Showcase your creativity with AI art generator, get a chance to share $170 USD in $PINE!

1️⃣ Join Pine on Discord
2️⃣ Head to #ai-pine-art-event
3️⃣ Type /nai with Pine art description

Winners drawn [6/23] πŸ”₯

πŸ‘‡
https://discord.gg/pineprotocol
Partnerships, AMAs, Trading Competitions, Product Updates

May has been a busy month at Pine πŸ”₯

We've prepared a brief recap of whats been happening at Pine in May

Full Article πŸ‘‡πŸ»

https://bit.ly/pinemay
βœ…Voting for PIP-12 [Reducing available tenors to 7/14 days] is now Live

πŸ† 8000 $PINE (Value: $200) #Giveaway

If you are currently burning / staking $PINE

Voting is now open on our snapshot page
πŸ”½
Vote Now (Voting is free, and does not require any gas)

Vote to be automatically entered for a chance to win up to 8000 $PINE! 🎁

5 lucky winners announced on June 18th πŸ†
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🌲Pine Protocol is officially integrated with BitKeep wallet providing a new gateway to $PINE

πŸ’œ Check your BitKeep wallets to participate in Hold-to-Win Event

⏰ June 16 - June 22nd
πŸ† Win from a prize pool of $2000
πŸ“ Hold or trade a minimum of $10 worth in $FXPINE in your #BitKeep Wallet until the end of the event!

πŸ”₯ Join now: https://bitk-eep.onelink.me/pURg/i9d7duk2
NFT-financing is an emerging sector of the digital asset market.

Catch Pine’s Head of Business, Kook on #MoneyTalk Radio Television Hong Kong (RTHK) as he explained to listeners how protocols like Pine are extending the functionality of #NFTs far beyond merely buying, selling, and holding. #NFTs, like traditional assets, can be leveraged in complex financial arrangements, addressing a crucial issue: liquidity.


Shout-out to show host Carolyn Wright for providing us with a great platform to explain the evolution of NFT lending and how #DeFi is set to replace legacy infrastructure.


Hit the link to listen on demand πŸ‘‡

Episode: rthk.hk/radio/radio3/programme/money_talk/episode/888983

Spotify: https://open.spotify.com/episode/0YCB4rlHMmMWIyAT2RAdOD?si=b5d8022ec0254a3a

Apple Podcasts: https://podcasts.apple.com/hk/podcast/your-money/id1033102213?i=1000617490629
⚠️Attention Pine family! ⚠️

We have some exciting news to share with you. The PINE LP Staking is now LIVE! πŸŽ‰

With over 1.2 Million $PINE tokens being allocated as rewards to liquidity providers over the next 2 months, there's never been a better time to get involved. πŸ’°

By providing liquidity, you can earn juicy $PINE rewards. Don't miss out on this opportunity!

Start earning $PINE now by clicking the link below πŸ‘‡πŸ‘‡

https://bit.ly/pinelpstaking3.
Did you know that by providing liquidity for $PINE, you can earn up to 1462% APY in rewards?

Visit below to get started πŸ‘‡πŸ‘‡

https://app.pine.loans/governance
June has been quite a busy month for the Pine team, with conferences, radio interviews, media coverage, partnerships, AMAs, giveaways, product updates and moreπŸ”₯πŸ”₯

We've prepared an overview of whats happened at Pine over the past month

Full article πŸ‘‡πŸ»
https://bit.ly/PineJune
❓Should $PINE rewards be reduced ❓

A proposal to reduce the amount of protocol incentives (Borrowing & Lending Rewards, LP Staking Rewards) has been submitted to the PineDAO voting page

πŸ—³Voting Period July 1-4 ~ 10:00GMT

Be sure to cast your vote!


https://snapshot.org/#/pineprotocol.eth
πŸ”Š Less than 5 hours remain on the voting for [PIP-13] Adjustment of Protocol Incentives...and its too close to call at the moment πŸ”₯

Should the structure for $PINE reward emissions be adjusted?

If you are a $PINE Staker / Burner, be sure to vote πŸ—³

https://snapshot.org/#/pineprotocol.eth
Our partnership with Solv Protocol, the on-chain fund platform, empowers users to earn smart yields within a security-first framework! ✨

Together we will journey on a mission to improve fund investment liquidity and forge a new standard for on-chain funds!
Leading up to this exciting new year, we've been reviewing our progress, enhancing operations, and refining strategies. Our focus remains on building a robust, long-term business with an emphasis on efficiency and growth πŸš€

And at the heart of our journey is our community. We greatly value your input and insights, as they play a crucial role in our progress.

Please take a moment to share your thoughts with us through this Start of 2024 Survey πŸ’š
https://forms.gle/Cq3TM6rs2mxGdCPS7

We're giving away 2 MadSkullz NFTs valued at $100 USD to 2 random participants! πŸ† πŸ’°

The Survey will run for a maximum of 2 weeks.

To qualify for the prize, you need to be a member of our Discord community. Join us at discord.gg/pineprotocol