Hello
@hedera
#HBAR
community! We're Bonzo Finance โ the premier lending & borrowing protocol of the Hedera network ๐
@Bonzo_Finance
took 1st at
@EthereumDenver
for the "Data-Driven DeFi" category ๐
And we're ushering in
@hedera
's next era of DeFi ๐งต
Lending & borrowing for
@Hedera
DeFi 2.0 is set to make an outsized and revolutionary impact โ
But what does that mean? Why is this functionality critical for the ecosystem? How does the landscape look across the rest of web3?
Letโs dive into answering these questions ๐งต๐
๐ Bonzo Allowlist Giveaway! ๐
5 Winners - 1 Allowlist spot each for the upcoming Bonzo Finance NFT sale on June 17 with
@HeadStarterOrg
To Enter:
๐ต Follow
@bonzo_finance
๐ต RT + Tag 2
Continuing
@bonzo_finance
's DeFi Education Series โ "The Role of Oracles in Decentralized Lending & Borrowing" ๐ฎ
๐ You'll learn:
- What oracles are & how they work
- Importance of accurate price feeds
- Oracle solutions like
@SUPRA_Labs
&
@PythNetwork
The future of DeFi on
@hedera
is bright! ๐
@bonzo_finance
is launching on mainnet in Q3 2024, driving:
๐ TVL
๐ Transaction volume
๐ธ DEX volume
In working with the
@SUPRA_Labs
team on price feed integrations for
@bonzo_finance
โ they've added support for the following HTS assets for
@hedera
๐
$HBAR $HBARX $SAUCE $XSAUCE $CLXY $DOVU $JAM $HST $HELI
๐ Live feeds:
๐ Docs:
The
@bonzo_finance
protocol will be running an HCS-20 points program ๐๏ธ
Inspired by Kamino & MarginFi on
@Solana
โ points are designed to reward users for protocol engagement & help usher in DeFi 2.0 on
@hedera
๐
Hereโs how it works & how Bonzo NFTs multiply your points ๐งต๐
Flash Loans are coming to Bonzo Finance ๐ต
Dive into Flash Loan mechanics, use cases like arbitrage & collateral swapping, and the benefits of instant, uncollateralized liquidity on
@hedera
๐ฐ
Learn how they work in time for Bonzo's mainnet launch! ๐
Developer on
@hedera
& interested in oracles? ๐ฎ
"Integrating Supra Oracle PUSH feeds into Bonzo Finance"
๐จโ๐ป You'll learn:
- Why Supra on Hedera
- How DORA consensus offers secure feeds
- Technical dive into Bonzo's SupraOracle contract implementation
Great evening with the
@hedera
,
@swirldslabs
, and
@hbar_foundation
crews + incredible projects across the
@hedera
community!
Our Co-Founder
@bmgentile
participated in the DeFi panel (recording coming soon)๐๏ธ
Events like these truly help push the ecosystem forward ๐
@leemonbaird
and I had a great time at the
@Hedera
#DeFi
and
#NFT
meetup in NYC last night, meeting with the community and hearing about some of the amazing developments happening on the
#Hedera
network. Huge thanks to
@TheTieIO
for hosting, and to all of the panelists
Our public testnet is now up and running! ๐
Jump in, test out the Bonzo Interface, push the limits, and let us know what you think. Let the testing begin!
๐ Join us in welcoming Renly Smith (
@r3n__ly
) to the
@Bonzo_Finance
team!
Renly has been part of the
@Hedera
community for 3 years & known for invaluable contributions via
@TurtleMoonCC
&
@HGraphPunks
๐ผ๏ธ
She brings incredible community spirit & marketing skill to the team ๐จ
๐จ Updated Tokenomics & NFT Collectibles Sale๐จ
After careful re-evaluation of the Bonzo Finance tokenomics and valuable feedback from our incredible community โ updates have been made to reflect a change for Bonzo NFT Collectibles holders / purchasers.
$BONZO token claims for
The DeFi 2.0 era is coming! ๐
@bonzo_finance
is set to launch in Q3 2024 ๐
Driving:
๐ TVL
๐ Transaction volume
๐ต Stablecoin liquidity
Letโs build the future of decentralized finance! ๐ต
The
@bonzo_finance
RFP for development & liquidity incentive grants has officially been submitted to the
@hbar_foundation
๐ช
Our ask of the community is to provide thoughtful commentary, support, & feedback ๐
Let's go DeFi 2.0 on
@hedera
๐
๐
Karate Combat 48, here we come!
@bmgentile
from Bonzo Finance will attend alongside
@TwigitalApp
&
@earthlingsland
. We're excited to showcase our projects and the strength of Hedera!
Tune in for an unforgettable event and keep and eye out for
@bmgentile
in the crowd! ๐ฅโจ
Introducing the Bonzo NFT Collection!
A huge thank you to
@InAMazeNFT
for these amazing artworks ๐
Meet Desert Bonzo, Ocean Bonzo, and Space Bonzo! ๐ต
๐ Join us in welcoming Jason Fabritz (
@bugbytesinc
) to the
@Bonzo_Finance
team!
Jason's been a pillar of the
@Hedera
community for 4+ yrs & known for invaluable contributions, like the .NET SDK๐
With deep expertise of Hedera, he brings a wealth of knowledge & skills ๐ ๏ธ
Great overview by
@messari
of the current state of the
@hedera
$hbar DeFi ecosystem ๐
@bonzo_finance
is excited to contribute by introducing defi lending & borrowing โ adding to overall stablecoin liquidity, TVL, volume, & daily addresses/txns ๐
๐ข Big things happening tomorrow!
Catch us on the
@hedera
Community Call at 9AM ET
And then join us at 2PM ET for our ๐ Space on Bonzo NFTs: Art, Utility, & Everything You Need To Know
Links below ๐
Unlock the power of decentralized lending & borrowing ๐
Letโs explore lending & borrowing strategies most commonly used across web3, from simple yield farming to advanced leveraged trading ๐
Curious about borrowing on Hedera? ๐ต
@bmgentile
dives into a use case with $KARATE on
@thehbarbull
's show ๐ฅ
Don't miss the full interview this Friday! ๐๏ธ
The public Bonzo Finance NFT sale is now live! ๐
Join to earn $BONZO tokens and community rewards. Be part of the Hedera DeFi 2.0 journey and secure your NFTs on
@HeadStarterOrg
today ๐ต
๐ A warm welcome to our new community members!
Weโre Bonzo Finance Labs - and weโre building an open-source, non-custodial lending and borrowing protocol for the Hedera DeFi ecosystem ๐งตโคต๏ธ
Explore how decentralized lending & borrowing is ushering in DeFi 2.0 on
@hedera
with
@bonzo_finance
๐ช
Understand how L&B works in TradFi vs. DeFi, explore user benefits & risks, and see real-world use cases across different sectors ๐
Our Litepaper is Live! โก๏ธ
Jump into all the details about the Bonzo NFT Sale, $BONZO Token, and how we're bringing DeFi 2.0 to the
@hedera
network ๐โจ
Read it now:
The wait is over! Presenting the Singularity Bonzo NFT by
@InAMaze
โจ
Unlock this beauty by collecting Desert, Ocean, and Space Bonzos:
๐ 1.5x "banana" points multiplier
๐ Claim up to 1,750 $BONZO tokens
Step into the future of DeFi with Bonzo! ๐ต
Holding a
@bonzo_finance
NFT multiplies your points earnings in real-time:
๐ตย Desert Bonzo: 1.1x
๐ย Ocean Bonzo: 1.2x
๐ชย Space Bonzo: 1.3x
๐งย Singularity Bonzo: 1.5x
You can purchase a Bonzo Finance NFT at the link below ๐
Letโs dive into some DeFi strategies for lending and borrowing ๐ฐ
This guide takes an educational / lending protocol-agnostic look at the most utilized strategies across web3 ๐
GM Bonzos! โ๏ธ
Our NFT sale date with
@HeadStarterOrg
is out - Monday, June 17!
Want an Allow List spot? Join our Discord, start testing, and secure your Early Tester role
Plus, catch us on the
@SaucerSwapLabs
AMA this Saturday, June 8! ๐ฝ
GM Bonzos! โ๏ธ
Exciting news -- Space Bonzo NFTs are SOLD OUT! ๐
Congrats to everyone who snagged a full set (Space, Ocean, Desert). Keep holding to be eligible for the Bonzo Singularity Collectible airdrop! ๐ฆ Dates/times for the snapshot and airdrop coming soon
Desert and
Proud to announce
@InAMazeNFT
as our artist!! ๐ฅณ
The Emmy-winning
@InAMazeNFT
is crafting stunning hand-drawn art for our NFT collection, and we can't wait to share it with you!
Congrats to
@fatbob001
for guessing right and earning an Allow List spot!
Bonzo Finance has a new profile on
@CoinMarketCap
Head over to our profile, give us a follow, and stay tuned for more updates
Weโre just getting started with lots more to come!
๐ฅ Video overview of the recently launched
@bonzo_finance
homepage & documentation!
As well as a walkthrough of the testnet dashboard showcasing a few of the protocol's key functionalities in action ๐ฅ
Ready to secure your spot for the Bonzo NFT sale? ๐ต
@bmgentile
from explains how! The sale kicks off on June 17 with
@HeadStarterOrg
Watch the video and join our Discord for all the details!
The Bonzo Finance NFT sale is in full swing and going strong! ๐ช
Earn $BONZO tokens and community rewards by participating. Be part of the Hedera DeFi 2.0 journey and secure your NFTs on
@HeadStarterOrg
now ๐ต
๐
GM Bonzos! ๐ตโ๏ธ
Who's ready for our Bonzo Bytes ๐ Space in 1 hour?
Don't miss the Singularity Bonzo NFT reveal during the space! We're so excited to show off
@InAMazeNFT
's incredible artwork!
How to join Bonzoโs Testnet and explore DeFi 2.0 on Hedera ๐ต๐ป
Watch the video, follow the steps, and become part of the Bonzo community
Secure your allowlist spot for our NFT sale on June 17 with
@HeadStarterOrg
!
GM Bonzos! ๐ตโ๏ธ
Our NFT sale with
@HeadStarterOrg
is still going strong! Grab your NFTs and earn bonus $BONZO with 20+ ๐
Catch our Bonzo Bytes ๐ Space today at 12PM ET to hear why we chose
@HalbornSecurity
for our smart contract audits, plus a special guest appearance by
The lending & borrowing DeFi category constitutes 44% of all TVL in web3 โ nearly 1.5x of DEXs!
We think this will hold true on
@hedera
โ while at the same time contributing to the DeFi ecosystem through:
๐ฐ Unlocking liquidity via project treasuries & large holders
๐ต
Create a testnet account on
@HashPackApp
and start lending and borrowing on the Bonzo Finance Testnet Dashboard ๐
Letโs build the DeFi 2.0 ecosystem on
@hedera
together ๐ค
The snapshot for the Singularity Bonzo NFT is DONE! ๐
Thanks so much to everyone who collected a full set of Bonzo Finance NFTs ๐๏ธ๐๐งโ๐
The Singularity NFT will be airdropped TOMORROW, July 2nd. Keep an eye on your wallets!
Big news for Bonzo NFT Collectibles holders! ๐ฐ๐
Weโre extending the snapshot for the Singularity NFT by 1 week to give you more time to complete your collections! ๐
โข New Snapshot Date: Monday, July 1 @ 10AM ET
โข New Singularity NFT Airdrop Date: Tuesday, July 2
This
The allowlist Bonzo Finance NFT sale is officially live! ๐
If you made the list, head over to
@HeadStarterOrg
and secure your NFTs now ๐ต
Launchpad:
GM Bonzos! ๐ตโ๏ธ
Don't forget โ The Singularity snapshot has been extended to Monday, July 1
Hold a full set of Bonzo NFTs to qualify for the airdrop!
@SentX_io
|
How does decentralized lending & borrowing work with
@bonzo_finance
?
Check out this recently created infographic โ using the example assets of $HBAR & $SAUCE โ explaining the step-by-step process ๐
Note: Withdrawals & repayments can be made at anytime by lenders & borrowers.
It's almost time! โฐ
The Bonzo Finance NFT sale is just hours away. Get ready to join us Monday, June 17 beginning at 10:00 AM ET ๐ต
Launchpad:
@HeadStarterOrg
|
GMGM โ๏ธ
The Bonzo NFT allowlist is officially closed and weโre overwhelmed by the response! ๐
If you missed out, stay tuned for the public NFT sale on Monday, June 17 at 1PM ET with
@HeadStarterOrg
Excited about the future of DeFi on Hedera? ๐
Donโt miss
@bmgentile
's interview with The Alt Kings where he talks about Bonzo Financeโs groundbreaking protocol ๐
Watch now:
Just had the honor of hosting
@bonzo_finance
on my podcast where we sat down with their CEO,
@bmgentile
, for an insightful conversation about the future of
#DeFi
on the Hedera network! ๐
We dived deep into topics like lending & borrowing, the power of
#HBAR
, and how Bonzo
.
@bmgentile
of
@bonzo_finance
here ๐
i canโt scream this loud enough for the people in the back โ if you believe in bonzo finance, you believe in a vibrant $hbar defi 2.0 ecosystem ๐
everyone participating & following our journey is directly impacting this mission ๐ฏ
๐ Excited about the future of DeFi on Hedera? So are we! ๐ฑ
@bonzo_finance
is building protocols that offer utility for users & contributing to the health of the
#HBAR
ecosystem is their passion!๐ก
RISE & SHINE! โ๏ธ๐ตโ๏ธ
The allowlist Bonzo Finance NFT sale starts today at 10:00 AM ET
Are you excited? We sure are! ๐
Launchpad:
@HeadStarterOrg
โข
Ever wondered how flash loans work? ๐ค
Bonzo co-founder
@bmgentile
breaks it down with
@itsbrandond
. This is a game-changer for DeFi on
@hedera
! ๐ฅ
๐ฃ Exciting update!
We've improved the Bonzo DAPP UI for faster performance and seamless updates. No more page refreshing needed!
Try it out on the testnet now!
For the first article of
@bonzo_finance
's DeFi education series, we explore decentralized lending & borrowing in web3๐
๐คฟ Let's dive into:
- How L&B works in TradFi
- How L&B works in DeFi
- User benefits & risks
- Retail, institutional, & dev use cases
Weekly Bonzo Bytes is back tomorrow at 12 PM (ET)!
Join
@bmgentile
for the latest updates on Bonzo Finance and the Hedera network ๐
Itโs been a busy week, and weโve got a lot to coverโdonโt miss it! ๐ต
Impact on DEX TVL & Volume
Lending protocols drive significant volume and TVL โ two key health metrics of DeFi ecosystems โ for decentralized exchanges (DEXs), such as
@SaucerSwapLabs
, via three key mechanisms:
๐ฝ Liquidations: When loans become undercollateralized, collateral
I live in the Banana Grove Treehouse on Gossip Avenue, high up on the tallest branch. My name is Bonzo. I'm 6 months old. I believe in taking care of myself with a balanced diet of fresh fruits and a rigorous swinging routine. In the morning, if my fur is a bit ruffled, I'll
@bonzo_finance
I live in the American Gardens Building on W. 81st Street on the 11th floor. My name is Patrick Bateman. I'm 27 years old. I believe in taking care of myself and a balanced diet and rigorous exercise routine. In the morning if my face is a little puffy I'll put
The Singularity Bonzo NFT airdrop is complete! ๐
If you held a full set of Bonzo NFTs (Desert, Ocean, and Space), check your wallets for your Singularity NFT!
Looking to expand your collection? Singularity Bonzo NFTs are live on
@KabilaApp
&
@SentX_io
๐ Exciting updates from
@bonzo_finance
! Join our co-founders this Friday, May 3rd, at 12 PM ET for a live video Space.
๐ Check out the new homepage & branding
๐ Learn about the latest documentation updates
๐ฅ๏ธ Experience a walkthrough of the testnet UI/UX
See you there! ๐
Join
@bonzo_finance
co-founders for an overview of lending & borrowing on
@hedera
and community Q&A.
โฐ Thurs, Mar 28th @ 12pm ET
Have a question youโd like answered? Drop it in the comments below!
If you missed todayโs ๐ Space, hereโs what you need to know:
๐ Testing Underway: Testing has begun on the Bonzo Finance Testnet Dashboard โ thanks to all who've joined & provided feedback!
๐ Optimizations Implemented: Thanks to your input, we're enhancing dapp performance by
Next up in our technical series ๐ฉโ๐ป
"Technical Deep-Dive: Leveraging Hedera Token Service (HTS) for Bonzo Lending & Borrowing"
๐ You'll learn:
- HTS explained
- ERC20 vs HTS
- Adapting HTS to EVM projects
- Implementation details & example code
The Bonzo NFT sale on
@HeadStarterOrg
is officially finished! ๐
A HUGE thank you to everyone who participated and supported us! ๐๐ต
Stay tuned for more exciting updates and opportunities ahead! ๐
โซ END of INO SALE โซ
The
@bonzo_finance
PUBLIC ROUND INO has now closed.
๐ฅณ Congratulations to all participants. You are now OGs in one of the most important DeFi project of
@Hedera
and even the crypto space as a whole. ๐ ๐๐
A special congratulations to the team of Bonzo
Excited to announce
@bmgentile
will be joining the
@orbis86_x
Founders & Funders event at NY Tech Week tomorrow! ๐ต
Co-hosted by Draper University and sponsored by
@hedera
Weโll explore Web3, AI, and future innovation ๐
Excitement is building for
@bonzo_finance
! ๐ต
Check out this new Medium article from
@HeadStarterOrg
for details on the Bonzo Finance NFT sale and future plans! ๐
NFT allowlist sale starts Monday, June 17 at 10AM ET, and the public sale at 1PM ET ๐๏ธ
Just read the
@bonzo_finance
litepaper. Looking forward to what next week and beyond brings. Allowlist is still open ahead of INO
@HeadStarterOrg
on Monday.
The
@Bonzo_Finance
team is ushering in the next era of DeFi for the
@Hedera
ecosystem๐ช
As we build, we'll continue providing development updates & educational DeFi content to the community through
@x
and our mailing list.
Keep in touch by subscribing
From the weekly
@bonzo_finance
spaces from today โ exciting updates for the community ๐
Next Thursday, May 2nd we'll be launching:
๐ Bonzo public testnet instance*
๐ Updated website & branding
๐ฉโ๐ป Official documentation
*contingent on recent Hedera testnet codebase changes
Unlocking New Liquidity
Token-based projects have large un-circulating token treasuries & manage separate business operation treasuries (typically $HBAR/$USDC).
These projects have a vested interest in:
๐ผ Management of funds (yield & risk management)
๐ฆ Ensuring liquidity
Some interesting data that's been aggregated from
@DefiLlama
to share with the community ๐
Did you know that across all web3 defi ecosystems โ the TVL of lending & borrowing protocols makes up over 44% of all TVL? ๐
That's nearly 1.5x the TVL of decentralized exchanges!