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Latest Updates:
AMPE Airdrop
In celebration of Amplitude's rollout progress we're airdropping 12500 $AMPE tokens! Simply complete these easy tasks on our socials to be in with a chance of winning. 250 winners will split the prize evenly and act fast as the contest will end on 25th September.
Crowdloan Reward Distribution
The AMPE crowdloan rewards have been distributed. Hold on to your tokens, we want your input for on-chain governance in the upcoming referenda. Check this twitter thread for the upcoming governance and staking opportunities you access with your AMPE tokens.
Amplitude Referenda
The first referendum is coming to Amplitude! To introduce delegated collator staking, Amplitude proposes to burn 36m $AMPE that will be re-issued as reward to delegators and collators. See the detailed proposal here and get your AMPE ready!
Community Call
We had another great Community Call on Twitter Spaces. This time we benefited from takes on on-chain and off-chain Web3 trading shared by Alice from Mangata Finance and Deepansh from Polkadex. Catch the recording here.
FiatFi News
Polkadot Scalability Explained
There are many scalability challenges that have hindered other blockchains. Last week we released a deep dive article explaining how Polkadot’s network intends to resolve the scalability problem by introducing its parachain model that makes transactions trustless, fast, and decentralized.
SEC New Crypto Offices
Reports claim that the U.S. securities regulator will set up two new offices to deal with filings related to crypto assets and the life sciences sector. Growing regulation means a growing need for infrastructure that is built from the beginning with regulatory compliance in mind.
After 5 Years, Ethereum Finally Merged
Despite unfavorable crypto price action, the Ethereum Merge to Proof-of-Stake seems to have been a success. Congrats to Ethereum on becoming more like Polkadot!
Polkadot Hackathon North America Concludes
There were lots of winners in the busy Polkadot Hackathon in North America, including prize categories for DeFi, Web3 Tooling and DAOs. With the Grand Prize going to a cross-chain DOT staking dApp. Watch the hackathon event space for Pendulum action in the future ;)
Bifrost to announce vDOT
Friends of Pendulum, Bifrost, are introducing vDOT. vDOT is a yield-bearing DOT derivative featuring liquidity unlocking and flexible staking functionality to the Polkadot ecosystem.
Paypal Should Embrace Web3 or Fail?
This article in Cointelegraph makes the case for business owners to get off PayPal and move to blockchain alternatives. Pendulum will offer Fintech companies the infrastructure to integrate with our fiat-optimized blockchain without having to reinvent the wheel.
To discuss anything crypto or Pendulum just jump the Telegram and Discord channels and chat with the community!
GL with the airdrop,
Of absolutely no value whatsoever PAS. It’s a c&p community newsletter isn’t it? We need a 7am RNS with news of a Satoshipay fundraise
.... i agree (re a stonking RNS) .... however posted for folks that are interested to see what Pendulum is putting out ... surely thats relevant ... no ?
Latest progress - another step forward
Amplitude Launches its Community Collator Program
https://pendulum-chain.medium.com/amplitude-launches-its-community-collator-program-1384ad418af1
Thanks Ragnar
I asked this question to pendulums m via Twitter but what I would like to understand is the planned next steps for Amplitude up to launching coins into trading tokens - as at that point there will be an AMPE market cap. I didn’t get a reply. Do you have a view as to the date for that occurring?
Nelson - this is the latest info I have dated 17th Oct
“ $AMPE is going to launch on a DEX, natively on Amplitude. We're close to publishing details”
But do remember Pendulum have opted not to take any allocation for themselves. This in my view should be quite a clever move as it encourages the community to grow and participate and helps the “test” amplitude network to evolve quicker adding to the ecosystem in readiness for the Pendulum Launch (where there will be allocation retention)
https://medium.com/pendulum-chain/amplitude-ampe-tokenomics-2063d3bafde0
Thanks Ragnar,
The curse of the unquantified time period is upon us - “we’re close” - in the same camp as soon, imminently, and everyone in EUA’s favourite - shortly.
Also expecting more info on Amber AMM soon
https://medium.com/pendulum-chain/september-monthly-roundup-f5b4eddf0464
Thanks Ragnar, based on the updated roadmap, when do you see a rough valuation on pendulum being available? Q1 2023 after the Pen listing?
Yes - Pendulum crowdloan is scheduled to begin 16th Dec and (assuming success) Pendulum Parachain planned to go live in Q1 2023, by which time Spacewalk and Amber AMM should also go live along win PEN token and AMBR token.
Although there has been discussion regarding additional VC funding prior to the PEN launch and last time that happened the SP moved very sharply upwards.
Hopefully will all join together nicely. Surely pendulum should have a strong chance of winning the dot auction, given how well amplitude did? Who’s involved with regards to vc funding?
Certainly seems like Q4 could be a big one for Pendulum. Looking forward to what’s coming. Hopeful of also adding more golden nuggets to my portfolio next week.
Thanks