This media is not supported in your browser
VIEW IN TELEGRAM
CTX: Protocol Governance Update.
๐พ 1,261,980.87 CTX governance tokens are now delegated to the network against a quorum of 400k.
๐พ This represents the highest levels of active network delegations since inception of the protocol 4/7/2021.
๐พ๐ซก
All Cryptex DAO governance metrics are fully transparent on-chain and can be tracked by system users here:
https://dune.com/cryptexfinance/cryptex-dao-dashboard
๐พ 1,261,980.87 CTX governance tokens are now delegated to the network against a quorum of 400k.
๐พ This represents the highest levels of active network delegations since inception of the protocol 4/7/2021.
๐พ๐ซก
All Cryptex DAO governance metrics are fully transparent on-chain and can be tracked by system users here:
https://dune.com/cryptexfinance/cryptex-dao-dashboard
Just published a blog post to update the community on the progress made in Q1 of this year and what's planned for Q2 of 2024:
https://cryptex.finance/blog/2024-03-15-a-look-back-at-q1-of-2024-and-forward-to-q2-of-2024/
https://cryptex.finance/blog/2024-03-15-a-look-back-at-q1-of-2024-and-forward-to-q2-of-2024/
The first report by Messari on the Cryptex DAO is now live.
Reports on the protocol to follow quarterly.
DAO Community members can view the initial protocol report here:
https://messari.io/report/understanding-cryptex-a-comprehensive-overview
Thank you.
Reports on the protocol to follow quarterly.
DAO Community members can view the initial protocol report here:
https://messari.io/report/understanding-cryptex-a-comprehensive-overview
Thank you.
This week, Cryptex DAO Contributors and Community Members will be attending the following events:
๐พ Blockchain Rio https://blockchainrio.com.br/
๐พ Atlanta Blockchain https://www.eventbrite.com/e/onchain-security-smart-contract-audits-tickets-952849216657
๐พ Bitcoin Conference https://b.tc/conference/2024
Looking forward to connecting.
Thank you!
๐พ Blockchain Rio https://blockchainrio.com.br/
๐พ Atlanta Blockchain https://www.eventbrite.com/e/onchain-security-smart-contract-audits-tickets-952849216657
๐พ Bitcoin Conference https://b.tc/conference/2024
Looking forward to connecting.
Thank you!
To partake in any community conversations on telegram please join the Cryptex Finance Discussions telegram group:
https://t.me/+B6rutk3B7cUwZjJh
https://t.me/+B6rutk3B7cUwZjJh
Cryptex Finance Announcements pinned ยซTo partake in any community conversations on telegram please join the Cryptex Finance Discussions telegram group: https://t.me/+B6rutk3B7cUwZjJhยป
This media is not supported in your browser
VIEW IN TELEGRAM
๐ถ๐ธ๐ถ??
This media is not supported in your browser
VIEW IN TELEGRAM
๐ถ ๐ธ ๐ถ๐ถ?
Cryptex is thrilled to announce the deployment of CCIP (Cross Chain Interoperability Protocol) by Chainlink on Base and Ethereum for MEEM, our upcoming Index of Memes.
Here's how using CCIP by Chainlink works:
- User approves MEEM via CCIP on mainnet.
- The user creates a transaction to transfer their tokens using CCIP.
- MEEM is withdrawn and locked up in a pool.
- CCIP network verifies the transaction and mints MEEM tokens on Base.
For transferring MEEM back to Base:
- User approves MEEM to CCIP bridge on Base.
- The user creates a transaction to transfer their tokens using CCIP.
- The bridge burns MEEM on Base.
- The CCIP network verifies the transaction and releases the locked MEEM on mainnet.
MEEM will be deploying Soonโข๏ธ
We thank team Chainlink in helping the Cryptex DAO integrate CCIP for our development of decentralized indexes.
https://x.com/chainlink/status/1821184527852855659
Here's how using CCIP by Chainlink works:
- User approves MEEM via CCIP on mainnet.
- The user creates a transaction to transfer their tokens using CCIP.
- MEEM is withdrawn and locked up in a pool.
- CCIP network verifies the transaction and mints MEEM tokens on Base.
For transferring MEEM back to Base:
- User approves MEEM to CCIP bridge on Base.
- The user creates a transaction to transfer their tokens using CCIP.
- The bridge burns MEEM on Base.
- The CCIP network verifies the transaction and releases the locked MEEM on mainnet.
MEEM will be deploying Soonโข๏ธ
We thank team Chainlink in helping the Cryptex DAO integrate CCIP for our development of decentralized indexes.
https://x.com/chainlink/status/1821184527852855659
This media is not supported in your browser
VIEW IN TELEGRAM
๐ถ ๐ธ ๐ถ ๐ถ ๐ท