There is a few things we're covering this week but lets summarize this weeks events.

26 Aug 2022, 12:00

There is a few things we're covering this week but lets summarize this weeks events 1. To start off the $unidx token should be bridgeable to metis via multichain (https://app.multichain.org/#/router) however currently there is no incentives for providing LP on metis nor do we have an official partnered DEX. We do have things planned for partner farms with some well known protocols on Metis though 2. Things are 100% finished with the Metis leverage deployment and an audit of the protocol which you'll be able to view on our docs shortly. I'll actually go live on twitch streaming myself using the platform on metis demoing trades + any questions the community has for about an hour at 18:00 UTC. We're going to go live with this this upcoming Monday where users will be able to pool METIS or WETH with a cross chain deployment allowing for USDC to be accessed later down the road. 3. To talk about pooling the fantom side is down by around ~8.9% from trader PnL so we're looking at ways to encourage pooling + healthy deposits. Currently one plan we're looking at is incentivizing the pool with 80% fees ( coming from the entire team share of the USDC vault ) for the mid term to get that return back up quickly. The pool has been at a ~60% loss before and has recovered entirely in about 45 days so we believe this should reduce the time to much less + encourage some to stay around. Much more on this later with a medium article outlining incentivizes. 4. Also on the topic of pooling we wanted to encourage some activity once more on the Boba side. We believe a short term course of action would be to direction 100% of the team fees for the upcoming month a trading incentive (just for boba). More details will be laid out before the end of the week. 5. KyberSwap's elastic pools allow fantom users to provide singlesided ranged liquidity ( or just general range orders similar to univ3 ) for protentional fantom LPs. While there isnt not any auto LP managers like with UNIv3, users can still take part in active liquidity proving and the best part is, UniDex routes through kyberswaps elastic pools through 1inch & kyberswaps aggregator! which means anyone using providing LP in that range will likely have an order from UniDex be filled from those LPs. KyberSwap's range LPs are quite new so use at your own risk. 6. Starting Monday, we will start voting for the best community content made be it twitter threads, graphics, or anything else to help spread the word. These winners will receive a small bounty for their service and hopefully encourage others to take part. TLDR: UNIDX bridgeable to Metis with partner DEX's coming soon, Metis leverage deployment up this monday with METIS & ETH staking, Stream this Friday ( repeating ) demoing the deployment, USDC pool fee increase with recent drawdown ( coming from team share ), New UNIDX pool opportunities on fantom with kyberswap, and incentivizing community content repeating weekly. Links mentioned UNIDX ETH -> METIS token bridge: Create ranged liquidity on Fantom with Kyberswap: