Bi-weekly #12.5

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

Check out our released apps and have a chance to win $NUX rewards:
🥜 Feeno 🥜 Hedge 🥜 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 ¯ Pew ¯ Pew ¯ 💥🔫 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 🥩 $NUX
- Earn 💰 $NUX
- Claim 💸 $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/

🪧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 📄 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

✅ Audit report by Ambisafe ✅

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

🔗 Product link: https://smart-lp.peanut.trade/home

1. 🔥 Please welcome our SmartLP Product Owner: Andy
If you have any questions regarding #SmartLP do not hesitate to tag or DM @impshox
2. 🔥 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. 🔥 Deposit $5000+ and receive a rebate (USDt/USDC) of gas fees. Limited offer!
4. 🔥 Transaction fees to re-arrange the position are covered by the Smart LP protocol.

❓❓❓❓❓

🤓 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

STAKING INFOGRAPHICS

✅ NUX staked: 1.300.000 NUX
➖
✅ Stake value in USD: 335.000$
➖
ℹ️ Liquidity pool value: 250.000 NUX
➖
☑️ Higher APY period: 2 weeks left

▫️ Execution status: 50%
🟩🟩🟩🟩🟩🟩🟩🟩▫️▫️▫️▫️▫️▫️▫️▫️

Follow the link below and get a juicy piece of pie 🥧 sorry, STEAK 🥩

🔻🔻🔻

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

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

Staking Infographics

Merry Christmas 🧑‍🎄 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:

☃️ Current gas fee ~25$ to stake;
☃️ Current actual APR: 230% (1 staked NUX will earn 2.3 NUXs over 1 year period);
☃️ TVL: 327k USD / 1.5m NUX;
☃️ 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;
☃️ Starting 3 February 2022, only NUXs bought out of the market through ongoing monthly buybacks will be allocated to NUX stakers as rewards;
☃️ 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;
☃️ 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/

THE DAO ANNOUNCEMENT

Dear Peanut community,

One of our key focuses in 2022 will be giving more power into the hands of the community through DAO mechanics implementation, as mentioned in our recent tokenomics and other updates on https://medium.com/peanut-trade.

Therefore, we are happy to announce that the first governance voting will take place on February 10th, 2022 on Snapshot.org and will cover a set of proposals about the future functionality of Smart LP .

Another good news is that Snapshot.org allows both unlocked and locked tokens to take part in the voting process.

We are serious about changing the way we communicate with the community, and we believe that the DAO path will help us to achieve this milestone!

We will be glad to hear your suggestions regarding Smart LP functionality you would like the team to deliver in the future.

Stay tuned!

Peanut Incentive Contests with 50 000 NUX reward pool

Peanut is building DeFi tools and services to maximize profits, eliminate risks and shield from bots. Community is a significant part of our success. As a member of the Peanut Community, you bring awareness to the world about our product and our mission. You’re one of the most important chains in our Peanut link's system. To show our appreciation we have prepared rewards!

Rewards

The best way you can help the project grow and succeed right now, is participate in our Peanut Incentive Contest (PIC). A range of activities designed to grow the community, and reward community members for helping with this.

You can read more about PIC here: https://telegra.ph/Peanut-Incentive-Contests-01-19

Rules:

🤝Be respectful to each other
🚫No harassing, trolling, or activity that brings harm to the community
🚫No inappropriate language or content
🚫No advertising or spamming
🚫No shilling other projects

Always Be Careful

⚠️Be suspicious of anyone who reaches out to you in private
⚠️Never share your private keys or passwords with ANYONE
⚠️Do not click on any links or download any files sent to you in a private message
⚠️Never send funds to anyone you don't know

Important links:

🕸 Website: https://peanut.trade
💻 Applications
📍 Feeno: https://peanut.trade/feeno
📍 SmartLP: https://peanut.trade/smart-lp
📍 Hedge: https://peanut.trade/hedge
📍 Fair Launch: https://peanut.trade/sniping-bots-protection
🐥 Twitter: https://twitter.com/peanuttrade
📖 Medium: https://medium.com/peanut-trade

📝 PIC google form: https://forms.gle/awXrumrDh4q83UGM9
📝 PIC results: Coming soon

📜 Server leaderboard: Coming soon

January Buybacks

We have changed the strategy for buying $NUX tokens from the market. Now tokens are buybacked throughout the month, and not once a month as it was before. This month there were 4 buybacks on Gate, 4 on MEXC and 26 on Pancake.

💰 TOTAL: 266 042 $NUX

👤 CEXs — 203 535 $NUX

➖ Gate - 151 728 $NUX
➖ MEXC - 51 807 $NUX

🥞 Pancake: 62 507 $NUX

DEX vs CEX PROS & CONS

Guest: CEO Peanut, Alex Momot

When: February 4, 19:00|20:00 (Kyiv|Moscow time) 17:00 UTC
Where: https://youtu.be/FjitVIyQBXA

Today we’ll have a live broadcast with Incrypted, one of the most popular crypto channel in Eastern Europe.
We will discuss the advantages and disadvantages of DEX and CEX exchanges and also think about how to apply this knowledge to earn more efficiently.

P.S.: By the way, six months ago we had an AMA with Incrypted, where we discussed useful DeFi tools.

THE FIRST DAO VOTING

Dear Peanut community, we are excited to announce the launch of our DAO officially. A service to help us with this is Snapshot. Snapshot is a decentralized voting system. Voting on Snapshot is user-friendly and does not cost gas as the process is performed off-chain.
As the first vote, we invite you to determine such question as: Should we burn 50% of tokens we buyback or move 100% of the tokens to the staking reward pool as it’s now?

DETAILS

Blockchain
Binance Smart Chain, Ethereum
Start date
Feb 10, 2022, 14:00 PM UTC 🕑
End date
Feb 13, 2022, 14:00 PM UTC 🕒

🔥 Both locked and unlocked tokens are allowed to participate! 🔥

WHERE TO VOTE?

1️⃣ Follow the link: https://snapshot.org/#/peanutdao.eth/proposal/0x49a3b05cc113d8b709d3f401b939c9c5fc66f9fbf60a69e94c2b368f443c9386

2️⃣ Connect the most suitable wallet where the NUX tokens are stored

3️⃣ Make your choice and approve it by signing the message in the wallet. (No gas fee)

Upcoming DAO votings

We’ve successfully finished our first DAO voting where the community need to choose Should we burn 50% of tokens we buyback? The vote took an unexpected turn and everything was decided in the last hour. We were sure that the proposal will pass with the positive result and our team was ready to start the new distribution of the buybacked tokens. But it didn’t happen. We’ll continue to use 100% of the buybacked tokens to fill the staking pool.

It’s time to start the new voting and now we need to find out the hot ♨️ question from the community!

How to offer the proposal?

We’ve decided to make the process as transparent as possible so you can offer your proposals in the main chat with #NUXDAO hastag. Follow the instructions below to be qualified.

Here is a brief outline of the process, how to post your proposal in Peanut telegram group:

📍Authors : Enter name(s) of associated authors, if more than one.

📍Summary : Give us a TL;DR on your proposal; no more than 2-3 sentences.

📍Motivation : What problems will this proposal address/solve? What’s the value-add?

📍Specification & Rationale : Go all-out and explain the rationale & vision for the proposal!How will this affect the protocol both technically, socially, financially (if applicable), and governance-wise?

📍Benefits (Pros): Provide benefits as to how the proposal implementation will advance the protocol.

📍Downside (Cons): Are there any disadvantages with implementing the proposal?

📍Voting : Define what a “yes” and “no” vote entails. If there are any Snapshot votes or forum polls associated with this proposal, please attach it.

📍Resources : Paste links to other forum posts, snapshot polls, or anything

📍Hashtag: #NUXDAO

Terms

🤝Be respectful to each other
🚫No harassing, trolling, or activity that brings harm to the community
🚫No inappropriate language or content
🚫No advertising or spamming
🚫No shilling other projects

Always Be Careful

⚠️Be suspicious of anyone who reaches out to you in private
⚠️Never share your private keys or passwords with ANYONE
⚠️Do not click on any links or download any files sent to you in a private message
⚠️Never send funds to anyone you don't know


⏰We’ll accept proposals during such period as:

▶️Start : 17 FEB, 18-00 UTC
🏁End: 24 FEB, 18-00 UTC

After the deadline we’ll choose the hottest 🔥 topic for voting. The Author of the chosen proposal will get $1000!

February Buybacks

💰 TOTAL: 183 421 $NUX

👤 CEXs — 175 528 $NUX

➖ Gate - 113 385 $NUX
➖ MEXC - 62 143 $NUX

🥞 Pancake: 7 893 $NUX

March Buybacks

💰 TOTAL: 414 893 $NUX

👤 CEXs — 392 120 $NUX

➖ Gate - 146 998 $NUX
➖ MEXC - 245 122 $NUX

🥞 Pancake: 22 773 $NUX

Additionally, we made a discretionary decision to incentivise April NUXs staking rewards with an extra deposit of 650k NUXs from the liquidity reserves resulting in current month APR of 518% [or 7314% APY, if compounded monthly] (prior month APR: 144%) .

Should the extra deposit be not made, April staking APR would have been ~205% [563% APY, if compounded monthly].

How to DEX - The first Conference hosted by Peanut

Our team is an habitue at various blockchain conferences around the world. This time we organized our own during the DevConnect Conference in Amsterdam.

You can already read about how it was in our Medium blog: https://link.medium.com/FXzUSNHWKpb

P.S The conference was extremely successful 🚀