LandX DAO Launches
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What’s happening at LandX this week?
🤝 LandX DAO Is Live
We saw another major milestone realized last week with the successful launch of our decentralized autonomous organization. $LNDX stakers who hold veLNDX are now officially entitled to voice their opinion to guide the future of LandX, and they’ve already hit the ground running.
Two proposals have already been submitted and unanimously approved by LandX community voters.
These proposals will have a significant impact on providing liquidity mining incentives and $LNDX liquidity pool pairings.
Additional incentives will be offered to stakers of Uni V3 NFTs for liquidity positions. The first incentives pool will be opened with 10,000 $USDC in rewards to be provided over a 30 day period with more pools opening after evaluating the initial results.
Main liquidity pools will be moved to an LNDX/ETH pair. This move is anticipated to align LNDX with the growth trajectory of Ethereum, leveraging its deflationary nature and potential for appreciation relative to the USD. By pairing LNDX with ETH, we position LNDX to benefit from the broader crypto market's growth, enhancing its long-term value proposition.
This is a truly historic moment for LandX and its community members. Moving forward, major decisions will be determined by the collective voice of our dedicated community. The future success of LandX is now, and will always be, a joint effort of the core team and our stakeholders.
Read the recently passed proposals.
🤝 DeFi Roundup
The crypto climate is still trending bullish and DeFi remains one of the top benefactors to the increased attention.
DeFi TVL broke $100 billion for the first time in nearly a year. According to data from DeFiLlama, that upward trend is continuing, with DeFi sitting comfortably above $120 billion at the time of writing.
Six out of ten of the top 10 revenue-generating protocols are DeFi applications.
Restaking protocol Eigenlayer flipped Aave in terms of total value locked, making it the second largest protocol trailing only Lido.
The LandX Harvest Quest is still going! veLNDX holders in the event are competing to earn the most RWA yield to win part of 1000 ARB in prizes.
Read the full post here, and keep up with all things DeFi by following LandX on X.
🎙️ February Was Packed
A look back across last month reveals just how active LandX is, and with a packed roadmap for the coming months, there’s no sign of slowing down.
We’ve prioritized partnering with an evergrowing number of projects to increase the accessibility and composability of LandX throughout decentralized finance. We will continue in this ethos to make LandX accessible to all. Some of our recent partnerships include:
LayerZero for expanding to new blockchain networks.
Timeswap Labs to expand the utility and use of xBasket even further.
Atomica to introduce groundbreaking insurance products that bring protection to LandX users and yield farming opportunities to stakers.
Polytrade to make xTokens available in the world’s leading RWA marketplace.
Stasis to integrate the $EURS stablecoin into the LandX ecosystem.
Partnerships aside, we’re continuing our commitment to raising awareness and spreading education throughout the entire industry. We maintain a rigorous schedule of AMAs, interviews, and roundtable events so our community remains to be one of the most informed and connected audiences in crypto.
AMA with new partner Stasis to examine the state of stablecoins in the Eurozone.
Farmers Market #60 taking on the topic of safely bridging RWAs
RWA Connect #1 for a roundtable discussion about all things real-world assets.
An entire AMA dedicated to interfacing with our community to answer all questions about the LandX Insurance Safety Module.
We’ve also taken care to prepare the community for some major upcoming milestones set to launch in the coming weeks.
As our long-term community members know, we never took a breather while building through the bear market and now that things are turning bullish, we’re busier than ever.
Website & App: https://landx.fi
Twitter: https://twitter.com/landxfinance
Discord: https://discord.gg/landx
Medium: https://medium.com/landx
Telegram: https://t.me/landxfin
Please note LandX products are not available to US users.
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