πŸ₯œ Peanut (Announcement)
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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
β€’ 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.
β€’ 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. **
β€’ 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

β€’ 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

β€’ 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

β€’ 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.
β€’ 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 πŸŽ‰πŸŽŠ

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

πŸ«‚ 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
πŸ†• Staking program on @croxswap

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

πŸ”— Link β€” 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

πŸ†˜ 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 Β±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.
πŸŽƒ Halloween is approaching! πŸ‘»

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#/
Peanut Hedge is running on Ethereum Mainnet and open for πŸ«‚ public testing

πŸŽ—Features:

Calculate πŸ–±

βž– Calculating profit / loss for holding ETH asset in Uniswap pool or as a single asset
βž– Figure out the best strategy for hedging single asset or Uniswap v2 position

Hedge πŸ–±

βž– Hedging an existing Uniswap v2 asset (available now: USDC-ETH, ETH-USDT, DAI-ETH)
βž– Hedging of a custom amount of ETH asset

πŸ”— Link: https://hedge.peanut.trade
Bi-weekly #12

Firstly we’d like to congratulate our CTO @apadenko on winning the Hackathon in Lisbon. We had no doubts that our team member will take the prize!

Marketing

The Lisbon conference was a success and we were able to communicate with many of the leading representatives of the Blockchain industry. We managed to engage several leading wallets to integrate Feeno. In general, the response for Feeno was very positive.
In parallel, we held meetings with validators from different networks, such as Polygon and Avax to jointly develop Peanut products on these platforms.

Fair Launch

⁃ Successfully hosted 2 more Fair Launches this week;
⁃ Preliminary we plan to go on 2 projects a day;
⁃ Fair launch service structuring.

Smart LP

⁃ Received an audit;
⁃ Several bugs of the Medium, Minor level were found;
⁃ We started fixing errors; It will take another two weeks beforehand.

Hedge

⁃ Officially released: https://hedge.peanut.trade/dashboard;
⁃ Community Beta testing is open;
⁃ Polishing the reported bugs.

Feeno

⁃ Officially released in a full mode: https://feeno-uniswap.peanut.trade/#/swap;
⁃ SDK is available for integrations: https://feeno-uniswap.peanut.trade/#/swap;
⁃ Polishing the minor bugs.
Bi-weekly #12.5

βš™οΈ Peanut took part in the crypto forum: BlockchainUA;
βš™οΈ Hedge and Feeno are fully operational. There is still room for improvement but the major development is completed;
βš™οΈ Hedge and FeenoSwap (Uniswap fork where you can do swaps and pay with tokens) links have been added to website product pages;
βš™οΈ We have completed another ad campaign on Etherscan;
βš™οΈ We finished all the fixes on SmartLP and have already sent it for re-auditing. Expecting the results in the nearest week;
βš™οΈ Farming and staking launch preparation;
βš™οΈ Started the development of a staking pool. Pre-development will take Β± a week;
βš™οΈ Finalizing API and UI to make Fair Launch easier to use.

Check out our released apps and have a chance to win $NUX rewards:
πŸ₯œ Feeno πŸ₯œ Hedge πŸ₯œ SmartLP (Beta)
Bi-weekly #13

SmartLP

⁃ Found an error during the re-audit;
⁃ Bug has been fixed, we expect a positive audit in the coming weeks;
⁃ We continue to develop profitable strategies;

Staking/Farming

⁃ Prepared a liquidity mining program;
⁃ We conduct internal testing starting from the next week;
⁃ Estimated launch within 2 weeks;

Feeno & Hedge

⁃ Improving minor bugs
Peanut announces the strategic partnership with Hackless to boost the security level of our protocol to ensure that the liquidity of users is protected even more:

1️⃣ Extra protection for Smart LP protocol with SafeMigrate

2️⃣ Watchdog on a lookout for suspicious transactions in Peanut’s mempools

3️⃣ Feeno for ETH-free transactions on Hackless

Details: https://medium.com/@hackless/hackless-partners-with-peanut-a-developer-of-automated-defi-tools-and-services-1184595304ff
🎯¯ Pew Β― Pew Β― Pew Β― πŸ’₯πŸ”« Staking is ready!

$NUX holders can stake $NUX to receive a proportional share of certain revenue streams in $NUX, which is estimated to be at 120% APY.

Half of the $NUXs that have been bought out from the market through the buyback program will be granted to the staking pool on a 30-day period pro-rata basis to its USD denominated total value of unlocked $NUX tokens. It is expected that initial $NUX stakers will receive a way higher return due to initially smaller size of the staked pool.

The mechanics are simple:

- Stake πŸ₯© $NUX
- Earn πŸ’° $NUX
- Claim πŸ’Έ $NUX

You're eligible to stake UNLOCKED $NUX only! Check the unlocked amount with @sqwrl_bot

Rewards System goes live starting from Monday 6, December

Depositing is available right NOW!

Staking link: https://staking.peanut.trade/

πŸͺ§P.S.
And one more thing… We have successfully passed the audit for one of our product and official release is….Tomorrow!
Peanut enters DeFi liquidity management market with Smart LP

Today, Peanut is excited to announce Smart LP, an automated tool to actively manage your digital assets within Uniswap V3 pools.

Here are some facts from the Medium πŸ“„ article:

🌟 ETH-USDT pool goes live tomorrow, 12.00 am UTC
🌟 An estimated APR 260% and during high volatility periods ~500%
🌟 A transaction fee to re-arrange the position is covered by the Smart LP protocol
🌟 The initial 100 users who deposit $5000+ will receive a rebate (USDt/USDC) of gas fees

Read the details: https://medium.com/peanut-trade/peanut-enters-defi-liquidity-management-market-with-smart-lp-9530e9216a88

βœ… Audit report by Ambisafe βœ…

How to add liquidity with SmartLP:
https://tundra-flyingfish-1aa.notion.site/Smart-LP-guide-e5ba82db5cfa40229c8b8b67c8c3fc94

Frequently Asked Question(s):
https://medium.com/peanut-trade/smart-lp-overview-faq-fbcd538ae98c

Tokenomics:
https://medium.com/peanut-trade/nux-tokenomics-update-821b4b64871c
SmartLP Vol.1

πŸ”— Product link: https://smart-lp.peanut.trade/home

1. πŸ”₯ Please welcome our SmartLP Product Owner: Andy
If you have any questions regarding #SmartLP do not hesitate to tag or DM @impshox
2. πŸ”₯ ETH-USDT pool is live! Now you’re able to provide liquidity with an estimated APR 260% or ~500% if the market is highly volatile.
3. πŸ”₯ Deposit $5000+ and receive a rebate (USDt/USDC) of gas fees. Limited offer!
4. πŸ”₯ Transaction fees to re-arrange the position are covered by the Smart LP protocol.

❓❓❓❓❓

πŸ€“ How to add liquidity with SmartLP:
https://tundra-flyingfish-1aa.notion.site/Smart-LP-guide-e5ba82db5cfa40229c8b8b67c8c3fc94

πŸ€“ Frequently Asked Question(s):
https://medium.com/peanut-trade/smart-lp-overview-faq-fbcd538ae98c

πŸ€“ Tokenomics:
https://medium.com/peanut-trade/nux-tokenomics-update-821b4b64871c
STAKING INFOGRAPHICS

βœ… NUX staked: 1.300.000 NUX
βž–
βœ… Stake value in USD: 335.000$
βž–
ℹ️ Liquidity pool value: 250.000 NUX
βž–
β˜‘οΈ Higher APY period: 2 weeks left

▫️ Execution status: 50%
πŸŸ©πŸŸ©πŸŸ©πŸŸ©πŸŸ©πŸŸ©πŸŸ©πŸŸ©β–«οΈβ–«οΈβ–«οΈβ–«οΈβ–«οΈβ–«οΈβ–«οΈβ–«οΈ

Follow the link below and get a juicy piece of pie πŸ₯§ sorry, STEAK πŸ₯©

πŸ”»πŸ”»πŸ”»

πŸ”₯ Staking link: https://staking.peanut.trade/

πŸͺ§ You're eligible to stake UNLOCKED $NUX only! Check the unlocked amount with @sqwrl_bot (dm your ERC20 address)
Staking Infographics

Merry Christmas πŸ§‘β€πŸŽ„ to our Peanut Community! Hope you had a great weekends and already found your presents 🎁, huh? 😍

We have prepared for you a short list of numbers according the Staking:

β˜ƒοΈ Current gas fee ~25$ to stake;
β˜ƒοΈ Current actual APR: 230% (1 staked NUX will earn 2.3 NUXs over 1 year period);
β˜ƒοΈ TVL: 327k USD / 1.5m NUX;
β˜ƒοΈ On 3 January 2022, 250k of NUXs plus NUXs bought out of the market through December, 21 buyback will be granted as rewards to NUX stakers over a 30-day period;
β˜ƒοΈ Starting 3 February 2022, only NUXs bought out of the market through ongoing monthly buybacks will be allocated to NUX stakers as rewards;
β˜ƒοΈ NUX Staking program will be automatically extended month by month to capture accurate monthly buyback accruals / rewards. It means the program will run through 2022 and beyond;
β˜ƒοΈ Link to staking: https://staking.peanut.trade/
Looking Back on 2021: A Year in Review from Peanut

🎊 Happy New Year! 🎊

We would like to share the numbers that we’ve managed to achieve with our algorithms while continuing the development of all the products through 2021 and 2022 years as well.

Check our Medium article for details:

https://medium.com/peanut-trade/looking-back-on-2021-a-year-in-review-from-peanut-8129310f3091
Peanut Trade launches bug bounties in collaboration with Immunefi

Details ‡️
https://immunefi.com/bounty/peanuttradesmartlp/