Dopple Ecosystem: Weekly Update Article — 6 Dec 2021
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.
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