GM Flowverse Citizens! There was BIG news last week with the announcement of the Flow Community Rewards program 🔥
🌊 Flow Community Rewards Program
The Flow rewards platform has already hit ~6.4m FLOW coins in Total Value Locked (TVL) already in just days of going live…
Here are the goals of the program:
Educate and reward new user activity
Elevate engagement across any Flow app
Grow and retain audiences
Combine onchain and real-world rewards to engage diverse audiences
Earn real-world, onchain rewards & a % boost on referrals by bringing your friends to the FLOW party!
If you want to learn more, click here!
In case you missed it:
🚨 Flow released a stablecoin update ahead of the Crescendo network upgrade
🧑💻 Calling all Flow developers - begin your Cadence 1.0 upgrade today. Access the Migration Guide, which includes everything you need to know to upgrade your contracts
🏆 IncrementFi rewards system for future airdrops launched. Use our referral link and bind the referral code for a 5% boost
What’s on today:
💡 Weekly Flow News
🔥 Weekly Crypto News
🌊 Flow Community Rewards Program
💸 Newsletter Sponsors
MORE Markets and IncrementFi makes the Flowverse newsletter possible, so go check them out and thank them for their support!
MORE Markets: MORE Markets is a DeFi undercollateralized lending protocol on Flow. Borrow up to 125% against ETH, BTC, FLOW and USD and lenders can deploy funds across curated MORE vaults.
IncrementFi: IncrementFi is bringing DeFi to the Flow Blockchain through their One-stop Platform. Deposit, Earn, Borrow, and Swap - Explore More Yield and Liquidity Opportunities for Fungible Tokens on Flow.
💡 Weekly Flow News
The Flow Community Rewards Program launched, earn rewards & a % boost on referrals (~6.4m FLOW coins in TVL already in days of just going live!)
Flow will be at Korea Blockchain Week
Alchemy announced that developers will soon be able to leverage Flow's EVM endpoints via the platform
The Cryptoys Toyken Marketplace went live, offering a a seamless and user-friendly secondary marketplace experience
AFL Mint introduced the current circulation for all moments, showing Minted, Burnt, and Circulating moments
Buildtree is aiming to become the go-to no-code platform for creating projects on Flow
Jeff, Software at Flow, will be giving a keynote presentation on how he believes the Flow Network Upgrade (Crescendo) will help bring the next billion users
Ballerz hit $40k in secondary sales volume on Flow since 2024
A new NFL All Day blog dropped focused on the collecting experience and the first Moments from NFL 2024 rookies was announced
Flow shared their excitement to co-host a happy hour event at TOKEN2049
Increment Finance shared a USDC lending pool deprecation update
KittyPunch will be introducing a number of protocols to market including PunchSwap, a swap protocol with fee capture to the KittyPunch treasury
NBA TopShot Arcade Packs was announced and sold out the same day
MFL kicked off the International Metaverse Football Federation Cup (IMFF)
Disney Pinnacle hosted an end of summer trading event
MORE Markets testnet targets to launch this September
Sloppy Stakes DAO announced new staking/farming rewards celebrating the Crescendo Upgrade
🔥 Weekly Crypto News
Ripple, the core developer of XRP Ledger (XRP) unlocked 1 billion XRP on September 1
pump.fun reached $100 million in generated revenue
Uniswap announced a collaboration with Pudgy Penguins during Korea Blockchain Week
Trump pledged national Bitcoin stockpile to make US the ‘crypto capital of the planet’
Vitalik Buterin addressed allegations of profiting from ETH sales, emphasising his long-term support for Web3 projects and charities
Coinbase managed the first AI-to-AI crypto transaction using the Base Sepolia network
Bloomberg LP added election odds data from crypto prediction markets platform Polymarket
Elon Musk hinted at a possible return of DOGE as a payment option for Tesla merchandise following a landmark win in court
Trump led against Kamala Harris among voters who own cryptocurrency or related assets by 12 points
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