Jigstack DAO - Announcements
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Jigstack is positionated as the DAO of DeFi and it offers a suite of valuable flagship DeFi products governed as a single DAO:
- Lemonade (launchpad)
- Gallery (NFT marketplace)
- Stakbank (staking)
- JWallet (wallet)

💻 jigstack.org
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🧩 Jigstack CTO:

No major updates this time around as the team is very much in building mode.

That said, development is still progressing well with JWallet and Lemonade Hedera/Polygon projects on track to launch in Q3.

We are still trying to align with auditors and hope to finalize actual test dates and setups etc next week.

The main focus over the next few weeks for both these projects is to align with auditors and ensure that we are set up to execute the relevant audits in an efficient and timely manner during the month of August.

In terms of the Stakbank Jstack dashboard and Auto Compounding, the third developer will be supporting the development of these features AFTER the Lemonade Polygon integration work is completed.

Finally, the team is still in the technical design phase of Gallery Hedera and will move into the full estimation phase once the Lemonade Polygon integration work has been completed.

Busy but exciting times ahead! 🚀

👉 RETWEET
🖼 This week #NFTs

🔹 OpenSea has done $103 million volume so far in August
🔹 nfts.com domain acquired for $15 million
🔹 CryptoPunks had the highest volume on OpenSea this week
🔹 NFTs go live on Instagram

— — — —

📊 This week in #DeFi

🔹 ETH did $27M in total revenue this week
🔹 Meta adds supports for third-party wallet connections
🔹 There is $43.59b locked in DeFi on #Ethereum
🔹 Optimism TVL surpasses Arbitrum for the first time ever
🚨First August Bi-Weekly contest has got to an end!

💻Don't forget to follow us on Twitter, Discord & Telegram to see if you won!

🍀If you were the lucky one, claim your reward by joining our Discord and send a DM to TheCaptain#1337!

🥳Next contest will start tomorrow!
🚀Gear up for another #Jigstack Bi-Weekly contest!

🔥Try your luck and win $50 in $STAK!

🤓Rules are simple:
Like, quote & Retweet w/ $STAK cashtag
Follow jigstack & lemonade_defi
Tag 3 friends who don't follow us

📣We'll announce the winners on 31 August!
🖼 This week #NFTs

🔹 OpenSea has done $236M vol in August
🔹 Lamborghini drops new NFTs
🔹 A Mega Mutant sold for 2300Ξ ($3.9M)
🔹 CryptoPunks had the highest volume on OpenSea this week

— — —

📊 This week in #DeFi

🔹 Circle freezes 75,000 USDC belonging to Tornado Cash users
🔹 Tornado Cash developer arrested in Amsterdam
🔹 There is $43.71b locked in DeFi on #Ethereum
🔹 Vitalik releases idea for stealth addresses for ERC721s
🖼 This week #NFTs

🔹 OpenSea has done $355M volume in August
🔹 Spotify adds NFT functionality
🔹 Bored Ape #5383 sold for 777 ETH
🔹 Anthony Hopkins launches first NFT collection
— — — —

📊 This week in #DeFi

🔹 Over 2M ENS domains have been created
🔹 Coinbase Wallet users can now bridge between Eth & Polygon
🔹 There is $47.34b locked in DeFi on #Ethereum
🔹 Curve Finance turns 2 years old
🖼 This week #NFTs

🔹 OpenSea has done $447M volume in August
🔹 Reddit airdrops NFTs
🔹 Miley Cyrus files Web3 trademarks
🔹 Sandbox Season 3 goes live

— — —

📊 This week in #DeFi

🔹 Ethereum leads L1 & L2 blockchains in daily active users
🔹 Tether announces it will not freeze Tornado Cash addresses
🔹 There is $34.33b locked in DeFi on #Ethereum
🔹 Mainnet Merge is coming Sept ~14th
😢August is over, so is our 2nd Bi-Weekly contest!

😎Remember: follow us on our social channels to see if you were the lucky one!

💸If so, you can get your reward by sending a DM to TheCaptain#1337 on our Discord Channel!

🔥Get ready for tomorrow with another contest!

👉🏻RETWEET https://twitter.com/jigstack/status/1565005397655683073?s=21&t=p5ESePuBOUtoQW9CxlO0BQ
🗓️New month, new contest!

🚀Boost your wallet with September #Jigstack Bi-Weekly contest!

🤓Same rules as always:
Like, quote & Retweet w/ $STAK
Follow jigstack & jWallet
Tag 3 friends who don't follow us

💰Prize: $50 in $STAK!

📢Winners to be announced on 14 September!
👍3
🖼 This week #NFTs

🔹 OpenSea has done $41M volume in Sept
🔹 Meta launches the ability to post NFTs on Facebook & Instagram
🔹 Formula 1 registers 2 new trademarks relating to NFTs
🔹 Bored Ape #6588 sold for 769.9 ETH

————

📊 This week in #DeFi

🔹 Arbitrum/Optimism is now at 30% of ETH daily transactions
🔹 SushiSwap celebrates its 2nd Birthday
🔹 There is $29.57b locked in DeFi on #Ethereum
🔹 crvUSD stablecoin could launch next month
What are the benefits of being on both Ethereum and Polygon chains?🍋

📈Even if Polygon is a low-cost chain that enables retailers to save on gas fees, Ethereum is still the most used DeFi blockchain, with a TVL of $34b.


😎Giving access to both chains, the projects can choose the one they prefer. Of course, Polygon will be cheaper and allow them to raise funds on $MATIC.
👍2
How will Hedera benefit from Lemonade?

✔️Hedera projects will be accessible to a new ETH-based community, not just Hedera users
✔️Hedera Smart Contract Services will help to build a fully decentralized app
✔️Lemonade will enable users to interact with ERC-20 tokens on Hedera

👉RETWEET https://twitter.com/Lemonade_Defi/status/1567894530468216835
👍4
🧩 Bi-weekly dev update - 10.09.2022 😎

Q3 2022:
🏦 Stakbank: Jstak Dashboard
🏦 Stakbank: Auto-Compounding
🍋 Lemonade: Polygon & Hedera
🔑 JWallet: Beta

——————————————-

🏦 Stakbank:
Development team will now turn their attention to the JStak Dashboard and Auto Compounding and are still targeting to deploy to production in September


🖼Gallery:
Team has started the estimate process for Gallery Hedera and we expect to have a schedule in place later next week.


🍋 Lemonade:
All development is complete and the project is currently with the auditors and expect to get a status update next week.

Team is currently still on track to launch both Polygon and Hedera integrations on Lemonade in Q3.


🔑 JWallet:
Development is still in progress and the team is focused on preparing the features that will be part of the JWallet beta test launch.

The beta test launch will be with members of the Jigstack community and will happen during the month of September.
——————————————-

🧩 Jigstack CTO:

Although some of the team were on vacation there was still solid progress made over the last month or so.

The main focus for the team has been on ensuring that the Lemonade Hedera and Polygon integrations were audit ready and they are!

The auditors have just kicked off the auditing process and we are looking forward to hearing their feedback next week.

In parallel, although development is still very much in progress, the team has been busy prepping JWallet for a beta test launch during the month of September.

We will be inviting members of the Jigstack community to participate and will be eagerly awaiting their feedback to fine tune and hone the JWallet experience.

As the development on Lemonade is wrapping up the team will now start to really focus on completing the Stakbank JStak dashboard and Auto Compounding features. The aim will be to complete this work and deploy to production by the end of September.

Finally, the team will also be finalising the estimates on Gallery Hedera work next week and this will allow us better understand when it will be ready to be pushed to production.

Busy but exciting times ahead! 🚀

👉 RETWEET https://twitter.com/jigstack/status/1568595386448678912?s=46&t=31J9yt9IJXJXbnYKUrOl4A
🤓If you missed the last #Jistack Bi-Weekly update, don't worry!

😎The recording is now available so that everyone can keep up with the new developments

Listen it on YouTube 👉 https://www.youtube.com/watch?v=vO5gpyXYBhQ

👉RETWEET
📊 This week in #DeFi

🔹 Google now has a Merge countdown
🔹 Curve Finance crvUSD goes live
🔹 There is $28.07b locked in DeFi on #Ethereum
🔹 Compound V3 is now live on Instadapp

————

🖼 This week #NFTs

🔹 OpenSea has done $132M volume in Sept
🔹 LG to allow users to buy, sell, and display NFTs on their TVs
🔹 #NBA has partnered with #Sorare to launch a fantasy basketball game.
🔹 GameStop announces partnership with FTX
🔚First Bi-Weekly contest of September has come to an end

🔥Congratulations to Chiuaka10

💰To get your reward just send a DM to TheCaptain#1337 on our Discord Channel!

💪Don't forget about the new contest tomorrow!

👉RETWEET
Hello STAKers!🧩Giveaway with a twist!

1. Join our Discord via the link in our bio
2. Check out Governor-Role channel
3. Claim your jSTAK Governor role
4. That is it! 🚀

Prize: 2 x $25 $STAK

You have until the 29th September!

Questions? Reach out here or in our Discord!

👉RETWEET
Lemonade x Hedera: what do they solve?

📊DeFi industry has grown exponentially, but many innovators need monetary help to make their projects come true.

🚀Through Lemonade and Hedera, issuers can launch their own ideas in a fully decentralized way, saving money and time!

👉🏻RETWEET https://twitter.com/lemonade_defi/status/1571861437454159872?s=46&t=pSv23FCC2w0Ty_w15gehHg
👍2
🖼 This week #NFTs

🔹 OpenSea has done $208M volume in September
🔹 Epic Games launches NFT game
🔹 Starbucks unveils Odyssey NFT rewards program
🔹 Doodles raises $54M at a $704M valuation
___ ___ ___

📊 This week in #DeFi

🔹 The Merge goes live!
🔹 The Merge will reduces worldwide electricity consumption by 0.2%
🔹 There is $26.21b locked in DeFi on #Ethereum
🔹 Ethereum Total Value Staked is going parabolic