Bonzo Bytes Newsletter - #17 🐵🗞️

Hello, Bonzo Community!

This week’s Bonzo Bytes newsletter celebrates some amazing milestones: the Bonzo Cybernetic NFT collectible sale sold out and claimed the top spot on SentX, Bonzo’s TVL hit a new high, and borrowing is just around the corner. Plus, HBAR continues its meteoric rise, Bitcoin crossed $100K, and Hedera’s ecosystem keeps making waves.

Let’s dive into the highlights and celebrate how we’re building a stronger DeFi future together 🌐

Cybernetic NFTs: SOLD OUT and Taking Over SentX

What a week for Bonzo Cybernetic NFTs! Not only did they sell out on HeadStarter in record time, but they’ve also soared to the #1 position on SentX. We’re thrilled to see such enthusiasm from the community—it’s a testament to how much you all believe in Bonzo’s mission of ushering in DeFi 2.0 and becoming The Liquidity Layer of Hedera.

Missed the drop? Don’t worry—you can still grab one on SentX or Kabila Marketplace.

The Cybernetic NFT offers multiple forms of utility; here’s what you need to know:

Limited Supply: Only 500 Cybernetic NFTs

Stackable Points Multiplier: 1.05x points multiplier, stackable with itself and 1st Edition Bonzo Finance NFT Collectibles until burned for $bonzo governance tokens, with a total stacking cap of 2.0x.

Extra Perks: Discord role and a special Cybernetic Memento NFT after burning.

Governance Token Distribution: 11,400 in total; claim 75% at any time after TGE, with the final 25% unlockable 4 months post-burn through the HeadStarter portal.

Learn more details in the Bonzo Cybernetic NFT Sale Blog Post

Don’t forget: the Cybernetic points multiplier went live Friday, Dec. 6! Ready to see where you rank? Check the points leaderboard here.

Bonzo TVL: A Record $26.31M

Bonzo Finance’s Total Value Locked (TVL) hit an all-time high of $26.31M this week — this milestone reflects the community’s trust and commitment to building The Liquidity Layer of Hedera.

Want to see the latest stats? Check out Bonzo Finance on DeFiLlama.

Borrowing Is Almost Here!

Bonzo Finance is making history as the first protocol to bring decentralized lending and borrowing to Hedera. Launching next week, borrowing opens up new opportunities for DeFi users to:

• Leverage Assets: Borrow against supplied tokens to access liquidity without selling long-term holdings.

• Earn Bonzo Points: Both supplied and borrowed assets earn Bonzo Points, helping users climb the leaderboard.

• Liquidation Bots Are Ready: Bonzo Finance’s liquidation ecosystem helps keep the protocol secure. Learn how it works.

For a deeper dive into protocol-agnostic strategies observed across lending ecosystems, check out this educational blog posting: Unlocking DeFi 2.0: The Degen’s Guide to Lending & Borrowing Strategies.

Partnership with LedgerWorks

This milestone is made even more significant thanks to Bonzo Finance’s partnership with LedgerWorks. Their cutting-edge RiskOps solutions bring advanced machine learning and AI capabilities to Bonzo Finance’s risk management.

From Bonzo Finance Labs’ Co-Founder and CEO:

Read more here > 

HBAR Hits New Highs

HBAR soared this month, reaching $0.39 and a trading volume high of $8 billion.

Read more >

MemeJob.fun

Inspired by Pump.fun, MemeJob.fun lets you gamify token promotion on the Hedera network.

Bitcoin Tops $100K

Several factors contributed to this historic rally:

• The halving cycle, reducing Bitcoin’s liquid supply, played a key role in driving prices higher.

• Institutional adoption has surged, with ETFs now holding over $100 billion in assets, making Bitcoin more accessible to investors than ever.

• A pro-crypto political landscape in the U.S., including a new ally at the SEC and a president-elect promising blockchain-friendly policies, has added fuel to the bull run.

Read more about this milestone and what’s driving the rally.

David Sacks Appointed Crypto Czar

President-elect Donald Trump has named former PayPal COO David Sacks the White House “A.I. & Crypto Czar,” marking a significant shift in U.S. digital asset policy. Sacks, a longtime advocate for cryptocurrency, will spearhead efforts to create a clear regulatory framework for the crypto industry, aiming to provide the clarity and stability that the space has long demanded.

Read more about this landmark appointment here.

Supra’s Super dApp Builders

Bonzo Finance Labs Co-Founder and CEO, Brady Gentile, joined the podcast to unpack Bonzo’s journey and its future with Supra L1’s EVM.

Highlights include:

• The Bonzo vision for multi-chain DeFi.

• DAO and NFT integration.

• Supra-powered lending & borrowing.

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Weekly Bonzo Bytes

Tune in on Friday, December 13 for Bonzo’s weekly dev updates and ecosystem news.

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Thank you for being part of Bonzo Finance and the Hedera DeFi journey.

- The Bonzo Finance Team