Weekly update for
@MagnifyCash
(🔜
@base
):
(1/4)
We're almost a month away from the big moment! $MAG TGE + mainnet launch are coming just in time for onchain summer and we couldn't be more hyped!☀️🔵
@DThompsonDev
they had something like this at
@DairyQueen
and it had me waiting for 10mins with a line building behind me only to find out they were closed but didn't turn off the AI 😂
Weekly update for
@MagnifyCash
(live on
@base
Sepolia):
1/
- Added support for
@coinbase
Smart Wallet—onchain summer is going to be wild! 🔵☀️
- Upgraded to WAGMI V2
- Minor bug fixes
Full release notes here:
With
@MagnifyCash
live on
@base
testnet, we are beginning to onboard early protocol partners! 🔵
If you're building on
@base
and want to join our network, then fill out this form or let us know in the replies! ⤵️
Seamless lending and borrowing is here!
Weekly update for
@MagnifyCash
(live on
@base
Sepolia):
(1/3)
June 6th Release Notes:
- Improved responsiveness across devices
- Improved dashboards and navigation
- Fixed instances of data inaccuracies
See more:
(4/4)
If you haven't explored
@MagnifyCash
quite yet, then transacting on our incentivized testnet is the perfect opportunity to get ahead of the curve!
Testnet dApp (
@base
Sepolia):
Testnet token faucet:
Super Punk World is a 500-piece collection that is as playful as it is profound. For our Punk in Residence collaboration -
@ninachanel
has created hybridized 3D sculptures that blur the lines of race & gender and reflect upon virtual versus real world identities. Read more and
(3/4)
Protocol Testnet Traction (04/28/24 - 05/09/24):
- We've surpassed 100 lending desks created on the dApp!
- Approaching 500 unique visitors with an average visit duration >3minutes
(Data sourced via
@Cookie3_com
)
(2/4)
The Magnify Foundation (
@MagnifyFDN
) is live! Check it out:
GitBook updates:
- Protocol contracts added
- Introduction to The Magnify Foundation and $MAG token
See more:
Let me break it down for you:
@MagnifyCash
is the Uniswap of lending and borrowing.
Use any NFT or RWA—like your Pudgy Penguin or the tokenized Rolex you won—to borrow any cryptocurrency.
Or even put the Rolex on the Pudgy and borrow against both. Nobody is stopping you.
(2/4)
Look out for the following items to be released very soon:
- $MAG Tokenomics
- TGE and public sale info
- dApp updates + release notes
- Magnify Cash technical whitepaper
Turn on notifications for
@MagnifyCash
🔔
5/
Get ready for an exciting month of June! Keep an eye out for more
@Galxe
quests, info on migration + tokenomics + mainnet launch, important dates, new partners and more upgrades to the dApp!
We're coming into
@base
hot 🔥 get ready for the new era of lending and borrowing!
☀️OᑎᑕᕼᗩIᑎ ᔑᑌᗰᗰEᖇ☀️
There will be plenty of airdrops and opportunities on
@base
this summer.
The best ones won't require you to sell your soul grinding. You'll just need to show up and participate.
(3/3)
Testnet analytics:
Currently, 118 lending desks have been created on
@MagnifyCash
with a total of 114 loans issued!
We also saw an influx of 171 new visitors this week. If you're one of them, we appreciate you!
(User analytics sourced via
@Cookie3_com
)
4/
In addition to testnet numbers, our users have transacted over $8,000,000 onchain in the past six months. These wallets hold over $2,300,000 in altcoins!
It seems some whales are preparing for lending + borrowing on mainnet!
Data sourced via
@Cookie3_com
🍪
(4/4)
🌎 Demographics show that we are serving users in 20+ different countries! (Data sourced via
@Cookie3_com
)
I believe
@MagnifyCash
will serve a purpose in both thriving and emerging markets! Whether you're doing micro loans or 6-figure txns, Magnify has a place for you!
@0xgaut
They typically make these marked up containers of sliced fruit using fruit that is at/near expiration.
Slice the moldy edges off, throw it in a box and slap on a new price tag
(3/4)
📈 Let's look at some testnet stats:
The testnet dApp () has surpassed 2,000 unique visitors, with 500+ onboarded in the last week alone!
Testnet users have created a total of 328 lending desks and issued over 350 loans!
(3/3)
We're working hard to prepare for mainnet and $MAG launch! Keep an eye out for exciting news and important dates to be released this month!
Don't miss out:
If you haven't created a lending desk on our testnet dApp, then you can get started here:
@vydamo_
I just bought so much ETH. Some might even say I own the most ETH. But that's not true! There are some great ETH holders out there. The greatest ETH holders the world has ever seen. Beautiful ETH holders.
2/
We’ve onboarded to
@Galxe
to activate our community and reward our most loyal supporters! Your first quests can be accessed here:
You’ll earn loyalty points for completing quests! Loyalty points will translate to $MAG rewards post-TGE!
🧵 RWAs will usher in the next wave of DeFi and bring massive amounts of liquidity onchain.
If you're not already bullish, here are some thoughts on that might get you there:
1/ has reached a major milestone! We’ve just minted and listed over 500 Watch-backed NFTs (WBN) totaling more than $10M on the
@base
network.
We are on a mission to bring the $75B+ watch market on-chain in order to enhance watch ownership and bring