🥜 Peanut (Announcement)
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Bi-Weekly #6

During the previous two weeks we were concentrated on 1) improving Pancake Fair Launch and 2) our saint trio: Smart LP, Feeno and Hedge. On the following two weeks we work hard to deliver the first MVPs on the beginning of August. Our main goal for these two weeks:

☄️ Release the first version of Feeno
☄️ Release the first version of Smart LP
☄️ Finish the core development of Hedge platform; add new features to the demo page: https://dev-peanut-hedge.swapy.dysnix.org/

Here is a brief & more detailed update:

The internal release of Feeno is planned for the next week. For now we successfully tested transactions with EIP-1559 update. We continue the development of Smart LP and now actively working on calculation and UI. A revised version will be available next week and this will allow us to start the 2nd internal testing of the alpha.

The Hedge platform is also under active development. During last week we have a fruitful discussion with the financial team; Finalized the interface and basic functionality of the platform. For now we have released such features in Hedge:

💥 Displaying pools on the main dashboard
💥 Authorization with Metamask
💥 List of pooled tokens that the address has
💥 Calculation of hedging positions
💥 Updated the demo page https://dev-peanut-hedge.swapy.dysnix.org/

Conclusion
Previous two weeks and following two weeks are fully devoted to the product development. We will do our best to announce the public version of the first Peanut product by the next Bi-Weekly update or even earlier.
Community Call #2

Peanut team is looking to expand to new local communities and we need your help.

If you are aware of any large local crypto communities in Telegram or Discord, please share the links in the form below but firstly read the rules.

In order to receive 100 $NUX the following requirements must be met:

- submit a min of 3 links
- each community should have 10,000 members at least
- 🚫English and Chinese communities are not allowed
- 🚫 Pump, airdrop, trading signal, OTC, local groups of exchanges and crypto projects are not allowed.

Fill the form: https://docs.google.com/forms/d/1ry0H9DwIudAQQtPDVsE2SA3MlUYbcguqj2ZK5LCrs9k
Today on Forklog live MaxBit with Alex Momot and other experts talk about mining, trading, regulation and what awaits us if the Bitcoin rate falls to zero.

Join the live video broadcast

Forklog - one of the most popular media company in the sphere of cryptocurrency and blockchain. It creates media infrastructure for the industry since 2014.
Peanut.Trade shares $22k Airdrop exclusively on CMC

🔗 https://coinmarketcap.com/currencies/peanut/airdrop/

How to Participate?
Click the Join this Airdrop button to enter your address and fill the forms during completing such assignments:
1 - Add NUX token to your Main Watchlist on CoinMarketCap https://coinmarketcap.com/currencies/peanut, go down where it says “How do you feel about Peanut today”, and click Nice done!
2 - Act like a professional and join Peanut Telegram group: https://t.iss.one/peanuttrade
3 - Now repeat the same with our Telegram channel: https://t.iss.one/peanutann
4 - Cool! Let’s continue interacting with browser and follow Peanut Twitter: https://twitter.com/PeanutTrade
5 - You made a great job and now do not forget to fulfill the form pressing the Join this Airdrop button.
Wait for winners announcement on August 27, 2021 on our social media channels. Reward distribution will be processed during the week of August 27, 2021 to August 31, 2021
Bi-Weekly #7

The last two weeks were very fruitful and we are over excited to share with you our achievements. So let’s start:

🏷 SmartLP

We are actively testing the second iteration of the closed beta. The SmartLP contract is deployed and can be found here: https://etherscan.io/address/0x35D83338dC316d3B5BD6Ea3dB0Bb5BfCf692B082
The public testing hasn’t started yet but if you want to participate in the closed beta testing you can contact us to discuss this opportunity. You need to understand that there are still some errors and bugs that need to be fixed before the public release. Take part in the testing for your own risks.

🏷 Hedge

We’ve finished the UI and continue the development of the back-end and testing the flow. Next week we implement the back-end into the UI and start active testing of performance in the interface. We plan to start a closed internal beta testing next week. All updates will be available on the link: https://dev-peanut-medge.swapy.dysnix.org/calculator

🏷 Feeno

Today we are glad to introduce the first iteration of Feeno app and opening the Community beta testing period. You are able to perform ETH-less transactions and pay network fees in any ERC-20 token. In the first public version you’ll have a chance to transfer NUX, USDT, USDC, DAI and pay tx fee with the tokens you need to transfer. Due to the implementation of EIP-1559 the transaction cost is a bit higher but we’ll fix it in the nearest updates. We continue to work on more accurate Gas estimate system.
🔥 Check it out: https://dev-feeno.peanut.trade

🏷 Marketing

On August 10 we’ve started the Airdrop program together with CMC. Almost + 100k Watchlist on CMC; more than 12k new subscribers in the telegram and twitter. Thanks to all new comers for the interest in Peanut products. Also, we started the experimental traffic aimed at the African continent, namely Nigeria, Ghana and South Africa. This week there was the first video from TikTok influencer: https://www.tiktok.com/@cryptokang/video/6994769342952934662?is_copy_url=0&is_from_webapp=v1&sender_device=pc&sender_web_id=6965237825898972677 we’ll keep working on extending this list. Next week we are implementing the updated home page of peanut.trade. In the next few weeks we’ll start announcing the first Feeno integrations.

🏷 Tokenomics & Loyalty Program

We enlisted the tokenomics expert in the field of blockchain development - INC4. He is actively engaged in the development of the tokens’ mechanics in the Peanut ecosystem. More updates are coming in the following weeks.
We launched the widget for claiming the loyalty rewards from the first reward program. You can claim your rewards following the link: https://peanut.trade/nux-loyalty-program
🥜 Peanut (Announcement) pinned «Bi-Weekly #7 The last two weeks were very fruitful and we are over excited to share with you our achievements. So let’s start: 🏷 SmartLP We are actively testing the second iteration of the closed beta. The SmartLP contract is deployed and can be found…»
Feeno Beta release

Feeno is an SDK for performing ETH-less transactions and pay network fee in any ERC-20 token. This provides a much better usability for Ethereum users, as far as they don't have to worry about ETH while performing transactions.

- Feeno Smart Contract
- Demo Website
- Basic Documentation

Disclaimer
Despite the fact that the product is completely secure and decentralized it's still under development, so gas usage is higer in 2-3 times then it will be in production version. It will be more efficient in next release, and transfers will be cheaper.
USE FEENO AND EARN $NUX

Hey guys! Did you check the Feeno? Let's do a campaign to get a closer look what is Feeno all about! Before we start here is a quick reminder what benefits you get with Feeno:

⁃ Much better usability for Ethereum users
⁃ Pay gas in tokens you transfer
⁃ No need to have any ETH on the balance
⁃ Never Pay for a Failed Transactions
⁃ 100% Front-Run protection

How to get reward?

The rules are simple as always, first top 10 wallets by transactions volume that use Feeno in period of Aug 18-30 will qualify for a total of 10,000 $NUX tokens rewards. Some additional requirements that can give you extra points to be qualified:

1. Describe your experience of using Feeno in Twitter and tag @peanuttrade
2. Share your thoughts about Feeno in our telegram group @peanuttrade
3. Tell about Feeno to the project that need it in your view
CoinMarketCap Airdrop Update

Wait for the CoinMarketCap winners’ announcement on August 27, 2021 on our social media channels.

Reward distribution will be processed during the week of August 27, 2021 to August 31, 2021
CMC Airdrop Winners

We are thrilled to announce the final list of addresses who receive the airdrop! Airdrop is expected to be distributed on or around August 31, 2021

Before you check the list here are some funny facts ✌️:

⭐️ The hero of this campaign is a person who has applied his ETH address 60 times 😧
⚙️ Most of duplications (its median) had 20 records with a same address 🤫
⚙️ About 25 ethereum private keys were submitted instead of public address 😅

Check your address if it’s eligible for the airdrop:
https://docs.google.com/spreadsheets/d/1RYaNK7WFbEbE9QHJOzaIvxlYbc9uiWjQRlM0tIkk-vA
Bi-Weekly Update #8

⚙️ Feeno
https://feeno.peanut.trade

Started working on the integration of Feeno with CEX to reduce the gas fees. We have sent the documentation around the integration to our partners and in the nearest future an its execution and an announcement of the new partnerships are expected. The ball is on their side!
Q: If we remove the commission for transfers through Feeno so that you can send your tokens for free would you be using it? Tell us what does stop you of using Feeno.

⚙️ SmartLP
https://beta-smart-lp.peanut.trade

SmartLP (BETA) works quite stable. At the moment there is a strategy that keeps the range of a narrow range at ETH / USDT pair and rearranges the liquidity 1% before the end of the range. As of now the strategy has resulted in ~200% trading fees APR (a result before rebalancing and impermanent loss). Give us your feedback to add value!

Link: https://beta-smart-lp.peanut.trade/home
SMART CONTRACT: https://etherscan.io/address/0x35D83338dC316d3B5BD6Ea3dB0Bb5BfCf692B082

THE AUDIT HAS NOT YET BEEN CARRIED OUT THEREFORE WE RECOMMEND TESTING FOR THE INSIGNIFICANT AMOUNTS!

⚙️ Hedge

We’ve deployed the infrastructure plus started all the services and connected it to each other. The significant part of the functional is already working. At the moment we are at the final stage of the development of the Hedge system.

💲Tokenomics and Buyback

During the next 2 weeks we finalise NUX tokenomics and it will be implemented once Feeno and SmartLP final versions are delivered.
July buyback comprised ~$30k and was a result of mild market conditions. The recent market recovery resulted in one fair launch being done and several more agreed for the upcoming weeks.

💰 Marketing

We continue to receive traffic from Africa and started the SEO reseach activities to build organic traffic sources. The number of visitors to the site is calculated in hundreds of thousands visitors per day. Launched Feeno and Fair Launch ads on Dextools; Got two more reviews from TikTok influencers; Working with 3 projects on Fair Launch deployment. We updated the website's homepage and added 3 additional translations to Portuguese (thnx to @JN_01), Turkish (thnx to @Bluemisk) and Spanish. We will continue to update and supplement the website; Conducted an agreement with a marketing agency oriented to Spanish-speaking countries.
🥁🥁🥁 Drumroll please… CoinMarketCap rewards were distributed

We would like to thank everyone who participated. Make sure to follow us on social media and join our telegram chat to make sure you don’t miss any future campaigns and promotions!

Stay tuned with our official social media channels:
📩Telegram📝Twitter 🕷Website 🅾️ Telegram Channel
Bi-weekly update #9 - Nuxonomics

We thank you all community members for the constructive and value-added feedbacks we received.
Today we present a summary outlining key principles and highlights of the NUX token economy.
The detailed document will be shared next week once it is agreed with the community members.
 
NUX DAO is introduced

NUX holders will be able to stake NUX to the DAO contract allowing them to
• Receive an estimated APY of 120% being a function of to-date NUX buybacks (*), monthly NUX buybacks and 10m of reserve NUX tokens, if required.
• Receive a specific individual contribution allocated from the monthly buyback assuming the individual’s proposal add a notable economic value to the NUX growth and development. **
• Participate in quarterly votes on community-suggested proposals that will be implemented after a passing vote.
* 100% of the NUX tokens (306k NUXs or ~$100k) that have been bought out from the market through the buyback program up to date will be fully granted to the DAO stakers NUXs staked in the DAO pool on a TVL pro rata basis.
** The contribution is designed to be significant in USD value, however conditions will apply.

NUX utility enhancement
Smart LP, Hedge and Feeno products

• Up to 50% discount to the product fee is granted when the USD value of staked NUX is 25% or more of a user’s USD TVL in the contract.
The discount model for the NUX products we are to adopt is based on a principle that the token holders are entitled to a perpetual discount on services but structured in a way that the discount is mathematically equivalent to a revenue or fee but only if they utilize the services.

CEX / DEX arbitrage and Fair launch

• NUXs buyback model is kept
These products’ revenue streams either depend on the market volatility or are bespoke services therefore the earlier applied NUXs buyback model is kept. The acquired NUXs from the market will be granted to NUX DAO stakers.

Additional limits to NUX tokens in reserves

• 4m of NUXs allocated to the core team and being partially unlocked as of now will be kept in the reserve until the NUX token price reaches 3$ per NUX. This condition cannot not be revisited until 1 January 2024.
• As per set-up smart contract terms, 488k NUXs are unlocked each month in the development, community and partnerships’ reserve with an option to finance the project development needs. The decision is made to reduce a withdrawal limit of newly unlocked tokens to 250k NUXs per month (i.e. 51% reduction), being not more than 6% inflation rate of NUXs 50m maximum supply.
Nuxonomics 2.0 🎉🎊

Today we are happy to announce an upgrade to $NUX token’s utility that should allow it to cope more effectively given new products and an upcoming demand requirements:

https://medium.com/peanut-trade/nux-tokenomics-2-0-de7d9baeae45

🫂 We thank you for all the comments, suggestions and contributions that came from the community
Bi-weekly update #10

Smart LP

⁃ Implementing monitoring and alerting features;
⁃ Testing one more liquidity management strategy;
⁃ The smart contract audit is in progress;
⁃ Updating the UI; minor bugs fixed.

Feeno

⁃ Forked uniswap v3 with Feeno support;
⁃ Deployed the UI and started testing Feeno based on Uniswap v3;
⁃ Monitoring and alerting features, updating the UI.

Hedge

⁃ Logging and management of existing hedge positions;
⁃ Internal testing starts next week.

Marketing

⁃ Token smart contract audit should be completed by the end of next week;
⁃ Several conferences are in the pipeline:
https://www.money-future.org/
https://liscon.org
https://sigmamalta.events/aibc-europe
⁃ Added Roadmap to the main page of the site;
⁃ Negotiating with 2 hot projects for Fair Launch;

Internal AMA session scheduled for 13th of October
🆕 Staking program on @croxswap

⚙️ Stake NUX-BNB LP and get $CROX + $NUX tokens
⚙️ Start date: 30 September, 13:00 UTC

🔗 Link — https://app.croxswap.com/dualfarms
Peanut Team is pleased to announce the internal AMA on the 13th October at 13:00 UTC

🤩Lead: CEO Alex Momot
Time: 13:00 UTC, 10/13/2021
🏡Host: @peanuttrade

🆘 Write your questions in our Peanut Official telegram group with a #️⃣ hashtag: #askAlex

See you there!
Bi-weekly update #11

Let's remind what was mentioned during the AMA session:

CEX/DEX and Fair Launch 100% operational and currently main source of revenue for buybacks. We’ve successfully delivered more than 50 Fair Launches for various projects, including high profile ones, on Uniswap and Pancake swap. Hedge is in an active testing stage. We finalized the API for Feeno so different non custodian wallets can easily integrate it. Smart LP is a functional product in beta mode. Currently, the team is addressing the auditor’s rather minor comments and the clean report is anticipated in 2 weeks. Once finalized more liquidity and trading strategies be deployed. The latest strategy is significantly more profitable than the previous one.

Here is some additional updates for every product separately:

Smart LP
(https://beta-smart-lp.peanut.trade)

⁃ Received feedback from the auditor. Some errors were found; it takes ±2 weeks to fix it
⁃ Launched the bot monitoring to track actions on SmartLP in real time
⁃ Optimized the first strategy.

Feeno (https://feeno.peanut.trade)

⁃ Finished Uniswap UI that makes possible to swap tokens on Uniswap with a fee payments in tokens not in ETH. UI - https://feeno-uniswap.peanut.trade/#/swap (in alpha - some features can still do not work)
⁃ Finished the SDK. Now the Feeno integrating into third-party wallets takes a few minutes and a couple of code’s lines. We are preparing a reward program for those who share the contact of non-custodian wallets for integration with Feeno. SDK -https://github.com/Peanut-trade/feeno-sdk (play around with goerly eth-less transactons by simply copy/paste test code)

Hedge (https://dev-hedge.peanut.trade/)

⁃ Preparing the Mainnet launch
⁃ UI updates
⁃ Starting the active open beta testing

Marketing

⁃ Launched the ad campaign for Fair Launch on Etherscan. Already received 2 leads.
⁃ Successfully closed the Fair Launch project last week
⁃ Feeno Pitch Deck preparation + video content
⁃ Preparation for conferences in Portugal and Switzerland
⁃ Launched an active promotion in the Spanish community. A channel and an official group have been created (https://t.iss.one/peanuttrade_es https://t.iss.one/peanutspanish).
⁃ In an active search for a content manager.
🎃 Halloween is approaching! 👻

On October 31 not only the dead will rise again but also the most daring El’ Cryptos 🦎 will get all hands on deck in Kiev to celebrate the 13th anniversary of the Bitcoin whitepaper.

PeanutTrade is among the main contributors of this event and will be happy to meet you for a glass of delicious punch.

🎫Tickets: https://2event.com/en/events/1864691#/