State of Paladin
Hello Pals! What a rollercoaster of a few weeks it has been. Many shillers have disappeared from the space and some unfortunate souls have had their life savings wiped out to the LUNA dump. As a veteran of the crypto winter of 2018, I learned the hard way that you need to keep a cool head and bear markets are the time to research, build, invest and DOUBLE DOWN on the fundamentals.
DAO activity continues through highs and lows which makes Paladin more resilient to these swings.
Inside the fortified keep - hPAL
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hPAL has been adopted with more users staking. The team is proud and humbled to see this development. The usage of PAL solidifies governance operations by keeping volatility outside of the realm of discussion and debate.
stkAave - the flagship still sails
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Our stkAave pool still rules. At the time of this writing, total APR for the pool stands at 22.3%. If you haven’t parked your stkAave here already, what are you doing anon?
Community Call #9 - Keep Calm and Stake On + Quest
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Our latest community call took place on Thursday, May 12th. Besides assuaging market fears and seeing our happy Pals, we started revealing more about Quest. By now, you may have interacted already with our new dapp. In short: Quest helps veCRV holders to reduce costs, focus on better vote alignment, and decreases the difficulty of gauge acquisition.
Quest
After a long wait and countless hours from the core team (especially devs) Quest was officially released on May 19th. We are now on the warpath to make it the most competitive dapp for the Curve ecosystem and are proud to announce our first DAO Quest creator.
Threshold Network
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Paladin and Threshold have had a long running relationship and we are very excited to have them onboard as the trailblazers for Quest. Paladin will be hosting a Twitter space this coming Tuesday, May 24th at 12:00 Eastern/18:00 CET to interview our Threshold frens and discuss and answer any lingering questions about Quest. We are also very excited to have the Curve community join us.
A special shout out to @CurveCap for coverage of our launch:
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And a big thumbs up to @Tim_eth for this awesome chart. We make it through together, Pals. 🤝
See you at the AMA!