Nexus Protocol Announcements
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Gm everyone πŸ‘‹

$Psi will be one of the select pairs incentived with dual rewards on Astroport starting on December 6th πŸ”₯πŸ”₯πŸ”₯

Check out their announcement for more details πŸŽ„πŸŽ

https://twitter.com/nexusprotocol/status/1465006132401819651?s=21
We are excited to share with you our plans for the upcoming Liquid Pylon Pools for Nexus Protocol πŸ”₯

The article goes into more details on the use, purpose, and goals of the pools - so I would definitely advise you to check it out βœ…

Tl;Dr:

- The main purpose of Pylon Pools is to fund teams so they can execute on their product roadmaps. However, we see this as an opportunity to supercharge our advancement towards Protocol Owned Liquidity.

- As such, 50% of the UST generated will be going directly into the Nexus community treasury to be converted to PoL at any time.

We hope you are as excited as we are about this announcement, we think it will go a long way towards growing our Treasury balance and beginning the process of tapering LP incentives for $Psi pools.

(Ξ¨,Ξ¨)

https://twitter.com/NexusProtocol/status/1466193575696232448?s=20
@everyone <@&892170786792681542> <@&889953661462130708>

Liquid Pylon Pool for $Psi will open for deposits starting Dec 4, 13:00 UTC

(πŸ’Ž,Ξ¨)

https://twitter.com/pylon_protocol/status/1466798781974953993?s=21
Liquid Pylon Pools are now LIVE here: https://gateway.pylon.money/tokens/psi

You can read even more about them from Pylon's announcements today: https://twitter.com/pylon_protocol/status/1467121353861918720?s=20

(Ξ¨,Ξ¨)
Hey everyone,

We have had a number of users get hung up on withdrawing their liquidity from Nexus. We wanted to clarify a couple things. We are also working on some front end improvements which should make this much clearer.

Unstake - Unstake LP tokens that are in the staking contract (you have Psi tokens for providing liquidity)
Withdraw - Unstake LP tokens & withdraw your liquidity

We added the unstake button because in several weeks you will need to unstake your LP tokens to move them to Astroport.

For now if you have unstaked already and want you tokens - go to https://app.terraswap.io/#Withdraw and withdraw liquidity.

Also fun fact for today... the bEth vault broke 8k bEth - This is an ATH. We have plans to grow this side of our vaults significantly from here. Stay tuned for more big announcements coming soon πŸŽ„πŸŽ
There were some liquidations which happened today on Anchor Protocol. The root cause is currently being investigated by the Anchor team along with others.

No assets that were inside of Nexus vaults were liquidated. If anything on this issue evolves, we will communicate accordingly.

https://twitter.com/NexusProtocol/status/1469084583433945090?s=20
Big announcement today guys. Please take the time to read the thread in detail. We are making great strides towards our PoL goals, and with your help we can get there even faster.

Make sure to take a look at the information included about the Nexus Pylon Pools. We think this is a great opportunity for people to accumulate more $Psi and help the protocol health at the same time.

More announcements are coming soon, so stay tuned πŸŽ„

https://twitter.com/NexusProtocol/status/1469560355193974784?s=20
There was a small front end calculation error which was causing the displayed APRs for the LPs on Nexus to be displayed incorrectly. The actual reward distribution was unaffected.

We have updated our front end with the correct information now βœ…
Merry Christmas everyone πŸŽ„πŸŽ

We are excited to bring Nexus to a whole different level in 2022 🀝

- Warm wishes to you and your loved ones
We know these are rough market conditions, but believe me when I say there will be brighter days ahead (NFA of course πŸ™‚ ).

Please take a minute to review and vote on the latest governance poll here: https://terra.nexusprotocol.app/gov/poll/8

This poll is will allow us to start building up Psi/UST in the community treasury using the UST raised via our Liquid Pylon Pools. As a reminder, if you haven't checked out the liquid pools yet you can view it on the Spectrum Webapp or on Pylon Gateway.

We have a few exciting things to share with you over the next couple weeks, so keep out on the lookout for more updates soon 🀝
We're going to update our vaults to have the option to auto compound yield back into your bAssets. We've heard your feedback that you would prefer yield in Luna, $bETH, $bSOL, $bATOM, $bOSMO etc.

We plan to gobble the yield optimizer space within the Cosmos ecosystem.

EthNexus coming by end of Jan. Moar alpha & enhancements coming this week.

https://twitter.com/NexusProtocol/status/1480814374629437443?s=20
On Friday 6pm UTC we invite you to join our community Twitter Spaces hosted by Shigeo808 on Twitter.

During this call we will release the forum containing the new vault strategies we believe will bring
Nexus Protocol to the next level πŸ”₯βœ….

If you can't make that time, don't worry the session will be recorded and we will be posting a recap of the topics covered afterwards. We hope to see you there 😀.

https://twitter.com/NexusProtocol/status/1481332483534721024?s=20
As a reminder, we will be going live with LUNAomics on Twitter in <30 minutes.

There will be nothing but alpha shared & discussed.

Hope to see you there 😀

https://twitter.com/Shigeo808/status/1482032465707339776?s=20
Please hang tight… technical difficulties πŸ˜ͺ