🔥 Updates on the Tidal Testnet Progress - 2

🕺 We are excited to update our community with the news that the tidal testnet program is 66% complete and we have received a lot of feedback from active testers.

👉Here are a few major updates from the last week

▪️Activity testing account: 182
▪️Transactions- sell / buy / guarantor number: 11,885 counts

Below illustrates the score histogram of the top 50 testers, the highest score is 1676, top 20 have scores above 550, with the rest scoring between 300 and 550.

🙏 Thank you again for all the suggestions towards platform development. A strong user-based community plays a key role in tidal platform’s growth,and we’re grateful for your unfettered support.

Read more: http://bit.ly/TidalTestnetUpdate2
Retweet: https://twitter.com/tidaldefi/status/1389222569979514881?s=19

Follow Tidal through Official Channels

✳️ Twitter: https://twitter.com/tidaldefi
✳️ Announcements Channel: https://t.me/tidalann
✳️ Telegram Channel: https://t.me/tidalglobal

#MonthlyReview

The Tidal team is here to give you what our April looked like at a glance!

April was jam-packed with amazing events, including the Tidal Testnet launch, multiple partnerships with leading DeFi projects, grants, and series for the community.

Our milestones this month:

💥Tidal Testnet Launch
💥Tidal Testnet now LIVE
💥Tidal Tech Series - Capital Leverage
💥Tidal-Uniswap Liquidity Rewards Program
💥Tidal Receives a Significant Grant from Polygon
💥Partnerships: Xend Finance, Chain Guardians, HOPR, Oasis Network, Polkalokr, DAFI, APYSwap

Read more: https://bit.ly/3eiQohh

Spread the word: https://twitter.com/tidaldefi/status/1389975012308705287?s=19

Stay tuned for even more exciting developments and events Tidal has in store for you.

Join us:

Twitter https://twitter.com/tidaldefi
Discussion Channel https://t.me/TidalGlobal
Announcement Group https://t.me/tidalann

🤝Tidal is proud to join forces with UnoRe, world’s first risk trading reinsurance platform on Polkadot & Web 3.0.

🔎UnoRe will be the world’s first decentralized reinsurance platform powered by Polkadot, allowing the community to invest and trade in ‘risk’ and receive sizable returns on their investments in one of the safest asset classes in the world.

Through this partnership, Tidal will ensure the safety of DeFi by insuring assets across chains in custom-balanced liquidity pools. UnoRe, as Reinsurer, will reinsure Tidal's insurance protocols to accelerate their capital efficiency and increase the safety of principal covered by their insurance products.

This partnership aims at addressing the security and liquidity concerns in the dynamic DeFi landscape.

📖Read more about this partnership here: http://bit.ly/TidalUnoRE

Spread the word: https://twitter.com/tidaldefi/status/1392526232588193792?s=19

Follow Tidal Finance through official channels
Twitter: https://twitter.com/tidaldefi
Telegram: https://t.me/TidalGlobal
Announcements Channel: https://t.me/tidalann

✈️Tidal Finance partners with OpenDeFi to integrate its Decentralized Insurance solutions

🏋️‍♀️Open Finance by OroPocket is bridging the gap between physical assets and DeFi. It is tokenizing real world assets which are 100% insured, backed by an actual physical asset and held by a custodian.OroPocket is 100% asset backed banking without the insidious, hidden charges and time consuming tedium that come with traditional banks.

👨‍💻Tidal Finance makes DeFi safer by providing insurance coverage for assets across chains in custom balanced liquidity pools. Tidal is a Balancer-like insurance market built upon Polkadot that allows users to create custom insurance pools for one or more assets.

🤝Through this collaboration, Tidal will be able to offer a higher level of insurance coverage to OpenDeFi’s network. The security of the OpenDeFi ecosystem will be greatly enhanced through the partnership with Tidal.

💼With Tidal’s integration, the OpenDeFi ecosystem can provide their users with the option to buy decentralized insurance coverage in a click of a button by paying a small premium fee.

📚Read more about the partnership: http://bit.ly/TidalOpenDeFi

Spread the word: https://twitter.com/tidaldefi/status/1392896581213462530?s=19

Follow Tidal Finance only through official channels

Twitter: https://twitter.com/tidaldefi
Announcements Channel: https://t.me/tidalann
Telegram Channel: https://t.me/TidalGlobal

✨Tidal Testnet Progress Updates- 3✨

🙌Thanking our community for supporting us throughout the testnet & providing valuable feedback that we’ll adopt and take forward while transitioning to the next phase of our journey.

🚀We want to inform you that we’ve resolved most of the frontend issues and redesigned the page layouts for a better user experience.Total 192 testers have reported bugs and validated improvements.

👉Click here to read more: http://bit.ly/TidalTestnet3

🚀As we’re nearing Tidal Mainnet, we aim to get fully prepared for a successful launch. Here’s our next three week’s plan:

🔸Implement remaining bugs from the testnet & a short period of interval testing.
🔸5-10 targeted protocols as mainnet launching partners to be covered in Tidal’s initial cover pool.
🔸Mainnet deployment on Polygon Network.

💡Tidal Finance makes DeFi safer by providing insurance coverage for assets across chains in custom balanced liquidity pools.

Retweet:https://twitter.com/tidaldefi/status/1394682814889533444?s=19
Telegram: https://t.me/TidalGlobal
Announcements Channel: https://t.me/tidalann

📣 Tidal Finance partners with Litentry to integrate decentralized identifier aggregation.

🌐 Litentry is a network supporting cross-chain aggregated identities with the ultimate goal of building a user-centric world with blockchain, based on Polkadot and Substrate.

The Litentry network enables DID (decentralized identifiers) aggregation, verification, and credit calculation/ranking. This helps to achieve a better way to connect data from different decentralized services.

👨‍💻 Tidal Finance is a Balancer-like insurance market, based on Polygon, that allows users to create custom insurance pools for one or more assets. This achieves a more secure environment for DeFi by providing insurance coverage for assets across chains in user-defined balanced liquidity pools.

🤝 Through this new partnership, Tidal Finance can provide security solutions for Litentry's services to prevent financial losses from hacking of user information and thus protect the users themselves.

📊 Litentry's innovative DID aggregation API and computational model will help Tidal better understand the on-chain behavior of insurance buyers and thus their risk profile. This risk profile would be used to set premiums for different users based on sophisticated algorithms, prevent false filing attacks and make the voting process with accredited accounts more robust.

📰 Read more about the partnership: http://bit.ly/TidalxLitentry

🐦 Spread the word: https://twitter.com/tidaldefi/status/1395345683788431362?s=19

Join Social Channels from Tidal Finance:

🐦 Twitter: https://twitter.com/tidaldefi
📢 Announcements Channel: https://t.me/tidalann
💬 Telegram Channel: https://t.me/TidalGlobal

📣 Tidal Finance partners with EasyFi to integrate its Lending Protocol for Digital Assets

🚀 EasyFi is a Layer 2 protocol built with a vision to solve some inherent challenges faced by Gen 1 DeFi solutions with respect to the transaction speed and cost which are a bottleneck for DeFi operations at scale. Its focus is on scalability, composability, and adoption.

👨‍💻 Tidal Finance makes DeFi safer by providing insurance coverage for assets across chains in custom balanced liquidity pools. Tidal is a Balancer-like insurance market that allows users to create custom insurance pools for one or more assets.

🤝 Through this new partnership, Tidal will provide decentralized insurance cover protocols to the EasyFi ecosystem and their Lending Protocol.

🛡 Tidal’s insurance cover protocols will be integrated into EasyFi's ecosystem to ensure future protection against hacks and to protect liquidity pools, as well as credit protection.

📰 Read more about the partnership: http://bit.ly/TidalxEasyFi

🐦 Spread the word: https://twitter.com/tidaldefi/status/1397199347314577413?s=19

Follow Tidal Finance only through official channels:

Twitter: https://twitter.com/tidaldefi
Announcements Channel: https://t.me/tidalann
Telegram Channel: https://t.me/TidalGlobal

📣 Tidal partners with Coinversation Protocol to provide Insurance for Synthetic Assets

🧪 Coinversation Protocol is the first synthetic asset issuance protocol and decentralized contract trading exchange based on the Polkadot contract chain.

It uses the CTO token, issued by Coinversation Protocol, and Polkadot (DOT) as collateral, and synthesizes any cryptocurrencies or stocks, bonds, gold and any other off-chain assets through smart contracts and oracles.

🤝 Through this new partnership, Tidal provides insurance services for synthetic assets. With Coinversation, users are also able to convert minted assets, such as those previously described, into other assets by using their trading platform.

Tidal will increase the security of users and their protocol usage by offering insurance, making the Coinversation ecosystem itself more secure.

📰 Read more about the partnership: http://bit.ly/TidalxCoinversation

🌎 Spread the word: https://twitter.com/tidaldefi/status/1397888410782617601?s=19

Official Channels from Tidal Finance:

🐦 Twitter: https://twitter.com/tidaldefi
📢 Announcements Channel: https://t.me/tidalann
💬 Telegram Discussions: https://t.me/TidalGlobal

📢We are extending the Tidal-Uniswap Liquidity Rewards Program by a month!

🥳The program will continue into the new month of June.

⏰The new rewards period starts from June 1

We will be setting aside another 1,855,287 TIDAL rewards for participants in the Liquidity Mining Program for the month of June. These rewards will be distributed on July 1st to all liquidity providers.

🔥 How to qualify:
👉Provide liquidity in the TIDAL/USDC
👉Uniswap V2 pool for a minimum of 30 days
👉Whitelist your address here

And that’s it!

📌By incentivizing TIDAL LPs with rewards, we aim to bootstrap the necessary liquidity to minimize costs/slippage and build long-term value for our ecosystem.

📖Read more: https://bit.ly/3aNN23N

Retweet: https://twitter.com/tidaldefi/status/1399393622504603650?s=19

🔥Tidal Finance partners with Kava to Provide Decentralized Insurance for Digital Assets

🚀Tidal Finance is delighted to join hands with Kava, a cross-chain DeFi lending platform offering native USD-pegged stablecoin USDX, as well as synthetics and derivatives.

🧐 The Kava DeFi hub operates like a decentralized bank for digital assets, allowing users to access a range of decentralized financial services, including its native USD-pegged stablecoin USDX, as well as synthetics and derivatives.

✈️Tidal Finance is a high-yield insurance platform that allows users to buy and sell insurance for their assets and smart contracts across multiple chains. Users can pay a small insurance premium in order to secure their assets against hacks/attacks and minimize risk exposure.

🏋️‍♀️Through this partnership, Tidal will integrate its cross-chain insurance protocol into the Kava’s ecosystem and help insure the digital assets in the platform. This integration will bring in a new class of security layer to the Kava platform, and increase its adoption among the user base.

⚒Tidal Finance happily welcomes Kava into its ever-growing ecosystem, as we work towards making DeFi safer.

Read more: https://bit.ly/3fMVxyW

Follow Tidal Finance through official channels

✳️ Twitter: https://twitter.com/tidaldefi
✳️ Announcements Channel: https://t.me/tidalann
✳️ Telegram Channel: https://t.me/TidalGlobal

🌊The waters are ripe for the Tidal Finance mainnet launch! 🙌

Check out our latest blog post on what we've been working on in preparation and what we have in store for the launch, including 100% APR! 😳

https://medium.com/tidal-finance/tidal-prepares-for-launch-in-ready-waters-8c44480a5af

Like/Share our Tweet: https://twitter.com/tidaldefi/status/1412110411852247042

We have a lot in store the next few weeks, so make sure you subscribe to our new newsletter 🥳👇 to get first notice!
https://tidalfinance.substack.com/p/coming-soon

🚨 We told you the next few weeks are going to be busy with announcements! Now find out how you can be an active participant on the future security of DeFi while earning 100% return! 🤯

Only our early reserve providers will be eligible, but all can participate with the highest APRs around! Details in our Tweet below. Please help us spread the news! 🙏

https://twitter.com/tidaldefi/status/1412955959870189570

https://medium.com/tidal-finance/tidal-finances-cover-mining-program-4196aec48a20

⛽️🤬Tired of paying sky-high gas fees? Well, you won't have to pay any gas fees on Tidal Finance's insurance platform and marketplace! 🙌

Our new partnership with Biconomy ensures that and more! Check out details of this tech integration and partnership 👨🏻‍🔧👇:

https://tidalfinance.medium.com/tidal-finance-partners-with-biconomy-foundation-for-zero-transaction-costs-5acb5ec81b8

Help us share and spread the word!

https://twitter.com/tidaldefi/status/1414647039321776143

🎓🐟We're getting one step closer to our mainnet launch! Introducing Tidal Finance's School of Fish Staking program!

😮 We're providing 10,000,000 $TIDAL a month to support the ecosystem and reward our greatest supporters! 🤝

Read our latest blog post for details! 👇👇👇

https://medium.com/tidal-finance/tidals-school-of-fish-tidal-staking-program-618c55403795

Help share our post on Twitter! 🙏

https://twitter.com/tidaldefi/status/1415631426012155906

🔐In prep of our mainnet, it's important that we have third-party auditors confirm that we are resistant to smart contract hacks. 🦾

We have concluded our third audit with Halborn to ensure security for cover purchasers and reserve providers.

https://medium.com/tidal-finance/tidal-receives-third-audit-by-halborn-in-preparation-for-mainnet-924fd7517ad5

Halborn will also be part on our risk assessment committee – investigating hacks, handling payouts, and managing risk for the mutual cover pool’s overall healthiness. 🩺🤝

Please help us spread the word and heart/retweet!

https://twitter.com/tidaldefi/status/1417550751698538503

🚨🎉Our Mainnet launch is finally here! We are so honored that you have accompanied us on this journey. 🙏

Shout out to CoinDesk for their coverage and to our initial launch clients Xend Finance, StaFi, Marlin Protocol, EasyFi, and bZx.

Read all the details on the launch of the first flexible DeFi insurance platform and how you can get 100% APR as an early coverage provider. 🤯👇

https://medium.com/tidal-finance/tidal-finance-launches-mainnet-for-first-flexible-defi-insurance-coverage-protocol-471fce04302e

Please help support our announcement and retweet!

https://twitter.com/tidaldefi/status/1420010182571089921

Check out the CoinDesk article here!

https://www.coindesk.com/defi-insurance-platform-tidal-finance-goes-live-on-polygon

⛏Staking went live 1 hour ago at block 17361000
~130 million TIDAL tokens staked in less than 1 hour!
Current staking pool with 273% APR 📈

Thank you for the huge support from everyone making the DeFi ecosystem safer for all!

Get involved here 👇
https://app.tidal.finance

📈**Current staking program
Starting block: 17361000
Ending block: 17681000
Reward per block: 20 TIDAL
Total rewards: 6,400,000 TIDAL for ~ 10 days

🔥The Tidal Finance Staking program will continue and new reward settings will be announced when we approach the end of the initial period.

The current setting is to offer 400 million staked TIDAL token 60% APR. 🙌

If you haven't already, read the coverage of our Mainnet launch on CoinDesk: https://www.coindesk.com/defi-insurance-platform-tidal-finance-goes-live-on-polygon

Or read our Medium with more details!
https://medium.com/tidal-finance/tidal-finance-launches-mainnet-for-first-flexible-defi-insurance-coverage-protocol-471fce04302e

🤝🔐 We are grateful to announce that StaFi has purchased $1 million-worth of coverage on the Tidal Finance platform. 🥳

You, as a reserve provider, can earn up to $2,885 USD value a week for backing up StaFi + 90% of the premium fee paid. Flexed bicepsChart with upwards trend

Read the details below!
https://medium.com/tidal-finance/stafi-protocol-buys-1-million-worth-of-coverage-tvl-through-tidal-finance-ff354cf29ea3

Help spread the news by liking and sharing our Tweet!
https://twitter.com/tidaldefi/status/1420862984189009926

🤝Excited to announce that @xendfinance has purchased $1 million-worth of insurance coverage for their #DeFi and Savings platform. Backed by Binance and Google Launchpad, they are breaking new ground. 🤯

You can earn 90% of their premium paid by backing their coverage! 🤯🤑

https://medium.com/tidal-finance/xend-finance-buys-1-million-worth-of-coverage-tvl-through-tidal-finance-12648b604d08

Help spread the word by hearting and sharing:
https://twitter.com/tidaldefi/status/1422476675628085265

🚨 Excited to introduce our Guarantor Mining Program – a first in the insurance space – with insured protocols having a stake to make sure their ecosystem is more efficient, while coverage providers get the highest incentives. 🤝

Together we make this 💪📈

Find out details here 👇
https://medium.com/tidal-finance/introducing-the-tidal-guarantor-mining-program-a3b7cc186107

Help us spread the word here 👇
https://twitter.com/tidaldefi/status/1422817046086262784

🗣 Announcement of transitioning from old staking pool to new staking pool

🔐 To further enhance the safety of the overall system, we went through an system update of the staking pool.

We noticed that most users still have their assets staked in the old pool and need to go through 14 days to withdraw.

🌊 To solve this issue, unstake from the old staking pool, then allow 24 hours from the time of the new pool launch. Even you see pending XX days, all the pending withdrawals will automatically go back to your wallet in less than 24 hours. If you haven’t withdrawn yet, please do it soon.

And make up to the users who need to wait, we will distribute totally 720,000 TIDAL to all users that had TIDAL in the old pool when the mining rewards stopped, which is the same amount being rewarded to the new staking pool (you will automatically received TIDAL reward in your wallet)

Spread the Word:
https://twitter.com/tidaldefi/status/1423155018648231939?s=20