- Bonzo Bytes
- Posts
- Bonzo Bytes Newsletter - #9 ๐ต๐๏ธ
Hey, Bonzo community!
Read on for the latest testnet updates, mainnet launch prep, and community buzz.
Letโs jump in!
Bonzo Finance Updates
Testnet Update
On Thursday, August 1st, the Bonzo Finance testnet site received a major update featuring the Halborn audited contracts. This update mirrors the mainnet site 1:1, offering a seamless transition experience. Additionally, the Bonzo Finance mobile testnet dashboard went live, making it easy to test on the go. Testnet HBAR was also added to the testnet, expanding the number of assets you can test.
Try out the Bonzo Finance testnet now for a chance to win a Desert Bonzo NFT โ two are up for grabs!
Bonzo RFP Update
The Bonzo Finance RFP for development & liquidity incentive grants with the HBAR Foundation is ongoing. You can view the submission and see comments from the community and HBAR Foundation on their Notion site. Weโd love to hear your thoughts and feedback โ even a simple emoji reaction would be appreciated! Be sure to log into Notion in order to respond.
Mid-August: Mainnet Launch
The Bonzo Finance protocol will be launching on mainnet in mid-August โ stay tuned for more updates and the exact launch date, which will be revealed soon.
Upon mainnet launch, anyone will be able to supply initially supported assets to the protocol and earn points which convert to $BONZO airdrop rewards at the end of each 6-month season; by supplying assets to Bonzo Finance, youโll be contributing to the key health metric of Total Value Locked (TVL) on Hedera.
Weekly Hedera News
MLPB on Hedera
We're excited to see that Major League Paintball (MLPB) has launched the MLPB Armory, a custom NFT marketplace for officially licensed collectibles, in collaboration with Momental on the Hedera network. MLPB is the governing body of professional paintball, a sport with a rapidly growing fanbase worldwide. Through their new marketplace, the organization plans to turbo-charge fan engagement and take this league to the next level.
To kick things off, the MLPB Armory is launching its NFT player cards, digital collectibles of the league's players, with royalties that ensure both the players and the card creators get compensated directly. Read more details in the HBAR Foundation blog posting.
Weekly Web3 Reads & Listens
๐ Spaces | Evolution of Money Markets and DeFi on Hedera
Catch up on the latest discussion about the evolution of money markets and DeFi on Hedera. Hosted by Stader, this X Space featured Brady from Bonzo Finance, Sirio Finance, and HLiquity.
The Defiant | Compound Governance Attack Reveals Inherent Vulnerabilities Of DAOs Compound's decentralized autonomous organization (DAO) recently faced a "governance attack" where a group known as Golden Boys successfully passed a proposal to transfer $24 million in COMP tokens to their own protocol. This incident highlights vulnerabilities in DAO governance structures, particularly low voter participation and the potential for large token holders to manipulate outcomes. | Ethereum News Podcast | Aave Generated $6M In Revenue ETH plummets 20% amid market turmoil. Aave generates $6 million in revenue. Vitalik proposes a roadmap for cross-L2 interoperability. And Devcon announces its third general ticket wave. |
Upcoming Events
Weekly Bonzo Bytes ๐ Space
Friday, August 9 at 12:00 PM ET
Join the team every Friday for Bonzo Financeโs development updates and the latest ecosystem news.
Bedtime for Bonzo Movie Night
Friday, August 2 at 12:00 PM ET
Join us for the first Bonzo movie night in the Discord server on Tuesday, August 6. Weโll watch the classic comedy Bedtime for Bonzo. Get ready for a fun night with the Bonzo community!
Thank you for being part of the Bonzo Finance community! Stay connected with us on Discord, and weโll see you next week for more exciting updates.
Best regards,
The Bonzo Finance Team