Solisnek
2023
August 20: $SNEK liquidity pulled and emissions stopped
- Funds to be used for developing the perps platform.
August 3: Development of Solidsnek halted
- All development on Avalanche will be stopped.
- Perp exchange on different chain/s in ~2 months.
- Airdrop to early lockers + veSNEK holders.
May 11: Ennead announced their liquid wrapper for $SNEK
- Mirroring the approach of neadRAM on Arbitrum, neadSNEK stakers will enjoy a steady stream of neadSNEK and wAVAX rewards throughout the week.
May 9: Partnership with veZard
- A ve(3,3) exchange launching on zkSync.
May 1: New system in place for partners to help prevent dilution.
- A 50% rebase program exclusively for those that have a partner veNFT (which means rebase will be adjusted to 70% from the original 20%).
- 2. Each epoch moving forward, this new rebase will be shared between those that have partner veNFTs and only those that bribe will get the increased rebase.
April 26: Partnership with Frax Finance.
- The Frax Protocol issues innovative, decentralized stablecoins and contains subprotocols to support them.
April 26: Partnership with QiDao.
- QiDao is an overcollateralized stablecoin protocol that allows users to mint stablecoins (MAI) against the value of their decentralized token collaterals.
April 26: Roadmap announced.
- Current: Onboarding of more partners.
- Q2: Concentrated liquidity.
- Q3: Multichain expansion.
- Q4: Perps Exchange.
April 26: Integration with Champion Finance.
- Multichain Yield Optimizer.
- Optimized wrapper for SNEK.
April 14: The following goes live:
- Native liquidity pools and emissions:
- SNEK/USDC
- USDt/USDC
- USDC.e/USDC
- USDt/USDT.e
- wBTC.e/ BTC.b
- wAVAX/USDC
- wETH.e/wAVAX
- BTC.b/wAVAX
- Rewards page
April 14: Integration with ParaSwap.
- NFT & DEX middleware for Traders & dApps.
April 13: SNEK token and airdrop claims goes live.
April 13: Integration with Firebird Finance.
- Multichain aggregator with the best rates that pays you to swap.
April 11: Lockdrop campaign with Chronos Finance.
- Chronos is a revolutionary liquidity layer & AMM on Arbitrum
- Details:
- Max lock at least 5000 SNEK during epoch 0.
- Get your share of 100,000 veCHR.
- No max limit – reward is proportional to your lock.
April 10: The LP Bootstrapping Event begins.
- Commonly used in DeFi protocols to kick-start initial liquidity.
- Aims to create the beginnings of a stable, and liquid market for AVAX and stablecoins on the SoliSnek platform.
- LP rewards for the events includes:
- 35k veSNEK allocated to Avax/USDC Volatile Pool.
- 15k veSNEK allocated to USDT/USDC Stable Pool.
- Conditions to be met for eligibility includes:
- Provide liquidity to AVAX/USDC or USDC/USDT pairs.
- Have it on SoliSnek at least until epoch 0 starts (13th April).
- Minimum deposit amount is $500 and maximum is $2000 (for AVAX/USDC pair. Users should input slightly more due to possible slippage, in case of AVAX price going lower, the team will be looking at the initial deposit amount so if the user added $505, but ended up with $498, they will still be qualified.
- LP must remain in the pool at the time of the snapshot at epoch 0.
- Each day up until Epoch 0 the team will take snapshots at a random time each day. Those that meet the above criteria will earn 1 portion of the allocated veSNEK rewards.
April 6: A contest to name Guru Network DAO SNEK wrapper is launched.
- One submission per user.
- 1000 veSNEK.
- Event ends on April 6th at 22:00 UTC.
April 5: A lockdrop for Thena Finance is announced.
- Eligibility includes all Thena.fi users who:
- Lock 1250 THE or more.
- For a max duration of 2 years.
- Minimum entrance to join in is locking 1250 THE, with a maximum of 4 entries per wallet
- A native liquidity layer & decentralized exchange on Binance Chain.
April 5: A lockdrop for Ramses Exchange is announced.
- veRAM lockers over the next 5 days (from 00:00 UTC) will be given a veSNEK airdrop.
- A native liquidity layer & decentralized exchange on Abitrum.
April 4: A partnership with GMD Protocol is announced.
- A yield aggregator and optimizer on the Arbitrum network.
April 3: A partnership with Yieldfarming Index is announced.
- A DeFi hedge fund built on the Arbitrum ecosystem that uses sustainable, delta-neutral strategies to provide real yield for holders and stakers.
April 2: The following partnerships are announced.
April 1: The LGE launches and is filled in 4 minutes and 40 seconds.
March 31: A partnership with Byte Masons is announced.
March 28: Details regarding the Liquidity Generation Event (LGE) happening on March 31 is announced.
- Collateral used is AVAX, with a maximum cap of 50 AVAX per user.
March 27: A partnership with Granary Finance is announced.
- A multichain money market and lending protocol.
March 24: A partnership with Guru Network DAO is announced.
- A multi-faceted growth hacker helping aid On-Chain dApp discovery, utility, tools & bespoke services to users & devs.
March 23: A lockdrop for Equalizer Exchange is announced.
- veEQUAL lockers over the next 5 days will be given a proportionate veSNEK airdrop.
- Equalizer Exchange is a DEX that uses a vote escrowed model to drive Liquidity to the highest volume pairs.
March 23: The following partnerships are announced.
March 22: The website goes live and the following partnerships are announced.
- A partnership with Inverse Finance is announced.
- A decentralized autonomous organization that develops and manages a suite of permissionless and decentralized financial products using blockchain smart contract technology.
- A partnership with Liquid Driver is announced.
- A multichain yield aggregation service that takes the guesswork out of DeFi. They seek out the best yields across many different chains and deliver it directly to their users.
- A partnership with Deus DAO is announced.
- An infrastructure layer for peer-to-peer, on-chain derivatives using bilateral agreements.
