Weโll be having a Twitter Space featuring Saddle founder, @devops199fan, and Sam Kazemian from Frax!! We are excited to celebrate one of our biggest milestones with you all! See you there! ๐ค
Invisible College: Our founder, Sunil, will be a guest on Invisible Collegeโs Discord for an AMA tomorrow at 3pm EST/ 12pm PST ! Have your questions ready! ๐ค๐
Bounty Highlight โจStallion Exclusiveโจ: A new 250 SDL Bounty for the Saddle Compendium, exclusive to Saddle Stallions, has been announced. Complete the Compendium & help onboard new Bandits to the Saddle Ecosystem!
Check out the official blog post of the Community Leveling System outlining: roles, contributions, and how to get involved before we discuss in 15! ๐ช
A couple of weeks ago, we shared a proposal detailing the roles + responsibilities of the multisig members in Delos HQ. Bandits were encouraged to nominate themselves!
Well, the time has come for us to have our 2nd Delos election! Learn more about how syndicate elections work and vote for the nominated bandits here! ๐๐ณ๏ธ
Delos HQ Multisig Proposal: ICYM this proposal last week, check it out. It pertains to responsibilities and compensation. You can Self-Nominate! Do so now ๐ค
๐ค Howdy bandits! SIP-22 is live! Weโre proposing to:
1๏ธโฃ Modify the results of SIP-18 in favor of removing DAI from its proposed 4pool + routing all previously 4pool-bound incentives to go 3pool instead (USDC, USDT, FRAX)
2๏ธโฃ Modify the results of SIP-20 to route incentives from said 4pool to the new FRAX-3pool laid out by this SIP!
๐Please review our latest blog post to understand how we developed the remuneration plan as a community! ๐ซ
In addition to remunerating LPs and enhancing security, we are also aiming to strength our relationship w/ Frax and lower sell pressure on SDL via permalock.
We thank you all for the support and are excited to keep you all abreast on new developments as we prepare for the token unlock. Stay tuned for more announcements!