Dopple Ecosystem: Weekly Update Article — 6 Dec 2021

Dopple DeFi Ecosystem
3 min readDec 6, 2021

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Happy Monday!! We hope you’re being safe from a market correction in the past weekend. (Don’t forget that both Dopple Finance and Twindex can save you from the bear market.)

To follow up on our previous statement, the emission rate adjustment, we would like to give you a short summary of this modification.

The Situation of DOPX and TWX after Emission Rate Adjustment

Since we decided to boost the emission rate to 15 TWX per block in order to encourage our users to mint tAssets and KUSD in the past week, the APR of each liquidity pool (KUSD-tAssets) was increased more than 10 times compared to the usual situation. The highest APR was about 390% in KUSD-tBIDU pool. (December 6, 2021)

Consequently, there was a significant increase in a vast number of tAssets and KUSD minted which cause the reduction in the supply of DOPX and TWX in an ecosystem. Accordingly, the supply of DOPX and TWX were reduced to 109 million and 59 million, respectively. On the contrary, Total Value Locked on Twindex is increased to 1.42 million.

Total supply of DOPX

Total supply of TWX

Total supply of KUSD

However, the high emission rate will not last for long, as this adjustment is just a preparation for future transformations.

This boosting will only be effective until December 15, 2021 which is only one week left!! So, do not miss a chance to earn this extra reward.

Start farming now https://www.twindex.com/farm

Twindex was published on BSC Daily

During the past week, we had been working closely with BSC Daily in order to publish an article about our platform especially on Twindex to a broader group of potentail users. Topics including short introduction, minting & redemption, and staking can be found in this article.

Read more https://cryptodaily.io/twindex-the-first-synthetic-assets-on-binance-smart-chain/

Dopple Finance x PrivacySwap — The PrivacyCards

In partnership with PrivacySwap, we bring to you the crypto debit card that allows you to purchase everything with your digital assets seamlessly. Our partner has much progress and will be able to reveal more details to you soon. The registration of your interest is still opening, register now https://forms.gle/8PVsmWC5ryBqW2fm6

Until next week!
Dopple and Twindex Team

Website:
dopple.finance
twindex.com

Twitter:
https://twitter.com/dopplefi
https://twitter.com/twindexcom

Telegram:
https://t.me/dopplefi
https://t.me/twindex

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Dopple DeFi Ecosystem
Dopple DeFi Ecosystem

Written by Dopple DeFi Ecosystem

Dopple.finance — Best Rate Stablecoin Exchange | Twindex.com — First Synthetic Assets Exchange on BSC

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