From new programs and updates to the BZRX token to the first weekly bZx Community Call, July has been an exciting month for the bZx team!
Read on for all of the latest updates from bZx.
Torque has a freshly-updated front-end! Check out the new website updated with a mobile-friendly design, day/night theme, and a quick loan calculator at torque.loans.
The BZRX Token Migration began with the launch of the new BZRX token on the Ethereum mainnet Monday, July 13th, 2020.
Anyone still holding BZRXv1 tokens can easily migrate to the new BZRX token using our Staking Dashboard.
We are pleased to report that the BZRX token is now available on the following exchanges:
- Uniswap v2.0
BZRX is also available for liquidity mining on Loopring, and to celebrate the listing, Loopring is running a month-long Liquidity Mining Incentive Campaign offering $2,000 in rewards in vBZRX to any users who provide liquidity by placing resting limit orders to the BZRX-ETH orderbook.
Prefer a one-stop solution for managing your DeFi portfolio? We’re happy to share that BZRX is also now available on Zerion. Trade, Yield Farm, and provide liquidity, all from a single dashboard. Get started at https://app.zerion.io/.
$BZRX from @bzxHQ is now live on Zerion 🏦— Zerion 🏦 (@zerion_io) July 14, 2020
Curious what bZx is? Wondering how to migrate to their new $BZRX governance token?
Your questions answered in the thread below 👇 pic.twitter.com/wZfX1zzqZ3
Once you’ve created your positions, keeping track of them is now as simple as checking DeFi Market Cap. Search for “bzrx” for up-to-date stats on the BZRX token and liquidity pools on Balancer and Uniswap pools containing BZRX.
The bZx team hosted its first Weekly Community Call in mid-July with over 40 people in attendance. Attendees discussed how to proceed with the iETH rescue program, plans for the Governance Bootstrap Program and bZx Builder Fund, and more!
Topics we discussed:
- How to proceed with the iETH rescue program?
- The Governance Bootstrap Program, $BZRX and $vBZRX
- What to expect leading up to relaunch
- How should the bZx Builder Fund be used?
- Community AMA Microphone
In addition to continuing those discussions, we’ll have a special guest from 0x speaking about Matcha, their newest exchange aggregator interface. Please see our blog for a full recap of the first Community Call.
This past month, bZx also released its Trader Compensation and Lender Rescue Plan for dealing with the protocol freeze that took place on February 18, 2020.
The team is allocating 2,060,000 vesting BZRX to a fund for traders and developed options for lenders to exit the iETH pool. All details are in the blog.
bZx in the Media
BeInCrypto and DeFi Rate did a great job covering the announcement of the new Fee Sharing and Protocol Disbursement Initiatives outlined in our blog on The BZRX Token Model v3.
- BeInCrypto: DeFi Platform bZx Joins Liquidity Farming Race
- DeFi Rate: bZx Releases BZRX Governance Token Model
BlockFyre released an in-depth research report on BZRX and the bZx Protocol, highlighting the project’s value proposition and potential and exploring risks associated with the protocol.
Everipedia now contains an entry on bZx detailing the tokens, team, and ecosystem of dApps that interact with the bZx Protocol.
We also want to send a sincere “thank you” to our friends at Balancer Labs for acknowledging our integration leveraging their liquidity pools to generate fees for the bZx Protocol.
For more on what’s happening with bZx, you can catch interviews with Tom and Kyle on:
- July 14 - DeFi Nation - 827 Views - 51 Thumbs-Up