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.
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)
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!
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
💰 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].
💰 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 🚀
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 🚀
April Buybacks
💰 TOTAL: 131 174 $NUX
👤 CEXs — 131 174 $NUX
➖ Gate - 102 038 $NUX
➖ MEXC - 29 136 $NUX
🥞 Pancake: 0 $NUX
💰 TOTAL: 131 174 $NUX
👤 CEXs — 131 174 $NUX
➖ Gate - 102 038 $NUX
➖ MEXC - 29 136 $NUX
🥞 Pancake: 0 $NUX
Story Contest: Share your fails on DEX
DEX is always a hot topic of discussion. When using DEXs, you are fully responsible for the assets in your wallet and it is easy to make a mistake. Surely many of you have found yourself in a situation when slippage swallowed up a portion of your profit, right? Also, DEX users know firsthand what is MEV or frontrun, what commissions the Ethereum blockchain has and why there is a pump & dump candlesticks on the new altcoin chart. We believe everyone has a story to share and we would like to hear them! Tell us your messed-up stories related to DeFi protocols or DEX and get a guaranteed prize.
🌀 DETAILS
⚜️Step 1: Join our Telegram Group: @peanuttrade
⚜️Step 2: Follow our Twitter: @peanuttrade
⚜️Step 3: Share your biggest fails on DEXs
⚜️Step 4: Post your story in our Telegram Group with the hashtag: #StoryContest
➖or➖
⚜️Step 4: Post your story as a Twitter thread and mention @peanuttrade
🎯 NOTE
⚡️Your story must be at least 200 WORDS long.
⚡️Your story would be written in English so that people all over the world could understand it.
⚡️Peanut team will choose the winner.
🔥Please do not hesitate to contact us if you have any questions or issues.
💡Don't forget to subscribe to our channels to stay up to date on the latest news.
⚠️ CONDITIONS
⏰Contest time: 18 May - 28 May
💢The result will be announced within 48 hours after this contest ends.
🎁Reward: 350$
DEX is always a hot topic of discussion. When using DEXs, you are fully responsible for the assets in your wallet and it is easy to make a mistake. Surely many of you have found yourself in a situation when slippage swallowed up a portion of your profit, right? Also, DEX users know firsthand what is MEV or frontrun, what commissions the Ethereum blockchain has and why there is a pump & dump candlesticks on the new altcoin chart. We believe everyone has a story to share and we would like to hear them! Tell us your messed-up stories related to DeFi protocols or DEX and get a guaranteed prize.
🌀 DETAILS
⚜️Step 1: Join our Telegram Group: @peanuttrade
⚜️Step 2: Follow our Twitter: @peanuttrade
⚜️Step 3: Share your biggest fails on DEXs
⚜️Step 4: Post your story in our Telegram Group with the hashtag: #StoryContest
➖or➖
⚜️Step 4: Post your story as a Twitter thread and mention @peanuttrade
🎯 NOTE
⚡️Your story must be at least 200 WORDS long.
⚡️Your story would be written in English so that people all over the world could understand it.
⚡️Peanut team will choose the winner.
🔥Please do not hesitate to contact us if you have any questions or issues.
💡Don't forget to subscribe to our channels to stay up to date on the latest news.
⚠️ CONDITIONS
⏰Contest time: 18 May - 28 May
💢The result will be announced within 48 hours after this contest ends.
🎁Reward: 350$
The first #AskAlex AMA of the year will take place in the coming weeks 📆
Share your questions about Peanut in our telegram group (@peanuttrade) with #AskAlex hashtag. We are looking forward to talk! The best questions can be rewarded 😉
More details are coming 💬
Share your questions about Peanut in our telegram group (@peanuttrade) with #AskAlex hashtag. We are looking forward to talk! The best questions can be rewarded 😉
More details are coming 💬
Online video AMA session with Alex Momot
Hey, folks! We are happy to schedule our next AMA! Join us for a live session with CEO of Peanut, Alex Momot on next Thursday. The format of this AMA will be absolutely new for our community — Zoom call with community members.
We would like to hold this event as a video press conference. Anyone who wants to talk with Alex by voice on Zoom in real time can DM me for details. Beware, there is a limited number of seats.
The start of the video press conference: 🗓️ June 9th at 15:00pm UTC
P.S. The time can be delayed due to unforeseen circumstances or the desire of the community to reschedule to a more convenient time
Hey, folks! We are happy to schedule our next AMA! Join us for a live session with CEO of Peanut, Alex Momot on next Thursday. The format of this AMA will be absolutely new for our community — Zoom call with community members.
We would like to hold this event as a video press conference. Anyone who wants to talk with Alex by voice on Zoom in real time can DM me for details. Beware, there is a limited number of seats.
The start of the video press conference: 🗓️ June 9th at 15:00pm UTC
P.S. The time can be delayed due to unforeseen circumstances or the desire of the community to reschedule to a more convenient time
🔊 IMPORTANT REMINDER
Peanut internal AMA is already TODAY 🚀
Join Alex Momot, the Founder & CEO of Peanut Trade in the telegram group video chat!
⏰ Live at 5 PM UTC
📺 Link to the stream is above the pinned messages
Peanut internal AMA is already TODAY 🚀
Join Alex Momot, the Founder & CEO of Peanut Trade in the telegram group video chat!
⏰ Live at 5 PM UTC
📺 Link to the stream is above the pinned messages
🥜 Peanut (Announcement)
🔊 IMPORTANT REMINDER Peanut internal AMA is already TODAY 🚀 Join Alex Momot, the Founder & CEO of Peanut Trade in the telegram group video chat! ⏰ Live at 5 PM UTC 📺 Link to the stream is above the pinned messages
1 hour to go! Peanut Updates + Answering the questions with Alex Momot
May buybacks
💰 TOTAL: 318 007 NUX
👤 CEXs — 318 007 NUX
➖ Gate - 117 278 NUX
➖ MEXC - 200 729 NUX
🥞 Pancake: 0 NUX
💰 TOTAL: 318 007 NUX
👤 CEXs — 318 007 NUX
➖ Gate - 117 278 NUX
➖ MEXC - 200 729 NUX
🥞 Pancake: 0 NUX
Weekly Market Updates
Hey folks! While everyone melts from the heat of a bear market here is a new in-demand post: What had happened on the market this week? We’ll briefly tell you about the most significant news of the week in the crypto industry 👇
1️⃣ The week has started with new (old) Fake File Extension Scam. The method is as old as the world but still relevant. So be careful and do not download any files especially from anons in telegram. Btw, You can easily disable auto downloading feature in your Telegram settings.
2️⃣ The consequences of TerraGeddon chase the crypto community again and again. This time the way new saga about Three Arrows Capital crash continues. Perhaps the last red candle on the chart is precisely the matter of liquidating the positions of the «archers». Be careful! Possible precipitation in the form of a crypto collapse.
3️⃣ The situation with the bankruptcy of the CeFi sector company - Celsius is in full swing. A new Hope named HODL Mode.
P.S. Coindesk claims the CEO of FTX, Sam Bankman-Fried, was aware of the 2 billion hole in the protocol.
4️⃣ FTX close to buy Blockfi for $25m. FTX is expected to pay roughly $25 million, one source said, 99% below BlockFi’s last private valuation. New Jersey-based BlockFi was last valued at $4.8 billion, according to PitchBook. Zac Prince, BlockFi CEO denies info to be sold for $25 million but do not refute the very fact of negotiations about BlockFi sale.
5️⃣ Meta, formerly known as Facebook, has begun rolling out NFTs for some U.S. creators on its flagship social network. Web2 ==> Web3 is closer.
6️⃣ As a dessert, New Arthur Hayes essay. In this part, co-founder of BitMEX uses the Three Arrows Capital saga as a lens through which you can better understand the true ideas to be learned from the current crypto winter.
Hey folks! While everyone melts from the heat of a bear market here is a new in-demand post: What had happened on the market this week? We’ll briefly tell you about the most significant news of the week in the crypto industry 👇
1️⃣ The week has started with new (old) Fake File Extension Scam. The method is as old as the world but still relevant. So be careful and do not download any files especially from anons in telegram. Btw, You can easily disable auto downloading feature in your Telegram settings.
2️⃣ The consequences of TerraGeddon chase the crypto community again and again. This time the way new saga about Three Arrows Capital crash continues. Perhaps the last red candle on the chart is precisely the matter of liquidating the positions of the «archers». Be careful! Possible precipitation in the form of a crypto collapse.
3️⃣ The situation with the bankruptcy of the CeFi sector company - Celsius is in full swing. A new Hope named HODL Mode.
P.S. Coindesk claims the CEO of FTX, Sam Bankman-Fried, was aware of the 2 billion hole in the protocol.
4️⃣ FTX close to buy Blockfi for $25m. FTX is expected to pay roughly $25 million, one source said, 99% below BlockFi’s last private valuation. New Jersey-based BlockFi was last valued at $4.8 billion, according to PitchBook. Zac Prince, BlockFi CEO denies info to be sold for $25 million but do not refute the very fact of negotiations about BlockFi sale.
5️⃣ Meta, formerly known as Facebook, has begun rolling out NFTs for some U.S. creators on its flagship social network. Web2 ==> Web3 is closer.
6️⃣ As a dessert, New Arthur Hayes essay. In this part, co-founder of BitMEX uses the Three Arrows Capital saga as a lens through which you can better understand the true ideas to be learned from the current crypto winter.
Conference catch-up
EthCC in Paris possesses itself as one of the major event for all Ethereum developers and fans to engage in smart contract coding or wide topic communication. However, EthCC turns out to be a perfect opportunity for a networking and business development. So Peanut Trade couldn't miss this event.
Another notable thing this year has been a significant decrease in the activity and presence of VCs with various disclosures. Firstly, the conference was held at a difficult time for the crypto industry. Large projects and VC such as Three Arrows, Celsius and Voyager Digital have recently filed for bankruptcy, and this has hit many funds involved in blockchain / crypto area hard.
Second, a series of recent crypto bankruptcies, combined with the worst bear market in three years, has shaken overall confidence in the crypto industry, as well as raising questions about the current state and future of DeFi.
However, those who came to the conference did not look tense. The mood at EthCC was extremely positive and most people were ecstatic that the bear market would not turn into a scam because profits cannot be made quickly and easily.
Throughout the week, the members divided their time between serious business and hard-hitting parties. In fact, EthCC is much more than just a conference, as it traditionally has a lot of social events in addition to everything related to the conference format.
Overall, this year's EthCC, in addition to helping establish promising partnerships and contracts, proved that Peanut technologies are ahead of trends and has chosen the right path, stack and vision.
EthCC in Paris possesses itself as one of the major event for all Ethereum developers and fans to engage in smart contract coding or wide topic communication. However, EthCC turns out to be a perfect opportunity for a networking and business development. So Peanut Trade couldn't miss this event.
Another notable thing this year has been a significant decrease in the activity and presence of VCs with various disclosures. Firstly, the conference was held at a difficult time for the crypto industry. Large projects and VC such as Three Arrows, Celsius and Voyager Digital have recently filed for bankruptcy, and this has hit many funds involved in blockchain / crypto area hard.
Second, a series of recent crypto bankruptcies, combined with the worst bear market in three years, has shaken overall confidence in the crypto industry, as well as raising questions about the current state and future of DeFi.
However, those who came to the conference did not look tense. The mood at EthCC was extremely positive and most people were ecstatic that the bear market would not turn into a scam because profits cannot be made quickly and easily.
Throughout the week, the members divided their time between serious business and hard-hitting parties. In fact, EthCC is much more than just a conference, as it traditionally has a lot of social events in addition to everything related to the conference format.
Overall, this year's EthCC, in addition to helping establish promising partnerships and contracts, proved that Peanut technologies are ahead of trends and has chosen the right path, stack and vision.