Weekly Digest 24th-30th of April. Hello Spiritors, and welcome to this week's episode of Weekly Digest.
01 May 2023, 20:57
šļø Weekly Digest 24th-30th of April šļø
Hello Spiritors, and welcome to this week's episode of Weekly Digest! We have completed April, and after a lively birthday week, we are prepared to embark on our second year with an abundance of positivity and good vibes. What were these events you might ask... To answer that, without further delay, let's begin with the Digest!
Combined value to inSPIRIT holders:
This week's inSPIRIT distribution sent a total of 1,632,013 SPIRIT valued at $7,874 USD resulting in an APR of 26.97%
NOTE: This excludes vote fee rewards which vary depending on the gauge.
š Ecosystem Updates: š
š¦ It seems that our mega proposal to remove 15 farms and continue with 16 gauges will likely be accepted. If you haven't voted yet, please do so by following this link:
If the proposal passes, the necessary changes will be made promptly to ensure that the new emissions for gauges are active for the next epoch, which is on Friday. We are excited about the new structure for our V2 farms, and are looking forward to offering more emissions for our key pairs through having less gauges and therefore more concentrated emissions.
š§° Dev Updates:š§°
š¦ The expansion project has been submitted for audit and we've received our first review from the audit firm today! At first glance, it looks promising and the UpperOctave + Spirit teams is currently going through each highlighted suggestion to ensure the code is both secure and efficient.
š§ There is a minor bug that appears to be a visual issue when you click the "claim all" button on the inSPIRIT page. It seems like there's an error when claiming $SPIRIT, but users are still able to claim it. Our developers have been made aware of the bug and are currently working on a swift solution to fix the issue.
V3 Updates:
š¦ The V3 code is complete and ready for deployment! The Algebra team just needs to make some final bug fixes and once our team verifies everything again, V3 will be deployed shortly. After the PR which will hopefully be made sšn, SpiritSwap will be able to offer concentrated liquidity and could potentially become the main hub for concentrated liquidity on the Fantom network!
Events:
š¦ Since there was a bug with Charon during the snapshots, we will continue with the Spirits of April Gold Tier Giveaway as we fix the bug. The first giveaway we will launch in May will be the postponed gold tier giveaway of April, as we want all Spiritors to have a fair chance at winning.
Cheers everyone
*SpiritDAO*