Weekly Digest 22nd-28th of May. Combined value to inSPIRIT holders:.

31 May 2023, 14:17

🗞 Weekly Digest 22nd-28th of May 🗞 Combined value to inSPIRIT holders: This week's inSPIRIT distribution sent a total of 1,497,972 SPIRIT valued at $4,502 USD resulting in an APR of 25.02% NOTE: This excludes vote fee rewards which vary depending on the gauge. 📊 Ecosystem Updates: 📊 🇦 This week, we were supposed to receive a significant update regarding the expansion project. However, circumstances beyond our control resulted in a "force majeure" situation, forcing us to postpone any actions. We want to emphasize once again that SpiritDAO's expansion project will be unique in the realm of DeFi. We are not simply replicating SpiritSwap; instead, we are venturing into uncharted territory and exploring new ideas. As the custodians of the DAO, we are carefully considering each decision and avoiding hasty and inefficient choices. We hope to share more information with you as time progresses. 🧰 Dev Updates:🧰 🇦 We have received feedback from our users regarding occasional issues with data loading, such as deposited liquidity not being displayed. These problems mostly occur due to the high number of RPC calls our application makes. We have already completed the development of V3 but we have decided to make significant changes to the underlying code foundation in order to implement V3 on a vastly improved infrastructure. The devs are working diligently to prepare it as quickly as possible, and we'll have a much improved app with V3 in play as well! V3 Updates: 🇦 Our plan was to launch V3 this week since all the necessary preparations had been completed, and the moderators had provided feedback to the Algebra team, indicating that everything was going well. However, an unforeseen issue was reported by the Algebra team, which has put us in a holding pattern as we wait for them to resolve the problem. As a result, we are currently unable to proceed with the launch until the issue is addressed. Cheers @everyone SpiritDAO