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In this issue:
Aelin Council Results
Aelin Road Map
Optimism Airdrop
Treasury Report
AELIP Updates
Aelin Catch Up
AELIP Status Tracker
The Aelin Council election has concluded! Congrats to the five new council members:
@Alex the Lizard, @cb0x, @calavera, @samh, @SynthaMan
When Avalon is first released, the first two weeks will be a gated soft launch to test the new mechanism. Alpha traders who register and trade in the competition will be the only traders who have the ability to use the new dApp during this time. You have less than 48 hours left to register an address for the trading competition!
Aelin has a busy roadmap for 2022. Recently the homepage just got updated, along with Pool 1/Pool 2/. UI/UX improvements are currently in the works.
The most thoughtful airdrop crypto has ever seen was spelled out late April by Optimism!
If you were a Aelin user over these past couple months, Congrats! You got a portion of the airdrop, and potentially future airdrops!
What if Optimism does a community-led fundraising round ?!
https://twitter.com/iDecentralized/status/1516542235982004228
The Aelin Council released their first Treasury report, in an effort and important step into providing transparency to the protocol. These reports will be created and announced to the community regularly. To find this report go here or checkout the below tables for treasury balances and treasury held deal tokens!
Treasury Balances:
Treasury held Deal Tokens:
Two of the most important AELIP’s for Aelin have just been published!
In the current state of the protocol, deal fees are collected and held by the Council which will then distribute the whole amount to AELIN stakers.
However, this means that there will be a lot of different deal tokens for stakers to claim, causing issues with gas and transaction fees and potentially making it nonviable to stake in small amounts. There is no point claiming dust from various tokens, multiple times a month.
AELIP-14 will address this issue by allowing stakers to claim AELIN, a single token. AELIN tokens will be bought at spot price by the protocol itself.
Moving forward, the 2% protocol fee on each deal will be collected in the underlying deal token (unwrapped), which will be placed in a 6-month escrow contract. Every quarter the Aelin Council will sell the deal tokens that have vested in the prior quarter to buy Aelin using a customized Aelin pool. Each quarter, 25% of the total AELIN collected will be distributed to stakers (30%), liquidity providers (50%) and to the treasury (20%).
It is crucial for these new tokenomics to be protected against people willing to game the staking and rewards claiming mechanism. This is why only a portion of the rewards coming from the cumulative buyback tokens (25% of the $AELIN) will be distributed quarterly, instead of the full amount. This will encourage stakers to hold their position for the long term in order to claim the entire share of rewards.
Read more - https://aelips.aelin.xyz/aelips/aelip-14/
The second proposed AELIP (NFT gated pools) allows sponsors that would now be able to create pools specifically for one or multiple NFT collection holders. The possibilities are endless when protocols can whitelist particular NFT collections for fundraising pools / NFT's are created as a way to whitelist investors!
NFT's can now serve as your entry ticket into early stage fundraising.
Read more - https://aelips.aelin.xyz/aelips/aelip-15/
https://twitter.com/aelinprotocol/status/1521220107648741376
If you missed the latest AELIP Presentation Call (for AELIP 16, 17, 18) you can check out the recording here:
https://anchor.fm/aelinprotocol/episodes/AELIP-16-17-18-Presentations-e1hlqrn
For those Liquidity Providers out there looking for some sweet APY - Aelin is one of the best! Currently on Ethereum Layer 1 the Aelin/Eth Pool is 208%
You thought the L1 pool was sweet - now checkout the Optimism L2 Pool. You can stake Aelin/Eth for 172% APY and also single stake for 37% APY! When you can claim rewards and then single stake for next to nothing, you can see why Optimism is the clear L2 winner.
A glimpse of the new UI was dropped! Check it out below!
https://twitter.com/aelinprotocol/status/1520524247852109829
AELIP-9: Balance + Aelin/Eth Pool 2 on Eth L1, Status: APPROVED
AELIP-10: Re-enable Pool Transfer, Status: APPROVED
AELIP-13: Incentivized Pools, Status: APPROVED
AELIP-14: Updated Tokenomics, Status: VOTE PENDING
AELIP-15: NFT Collection Whitelist, Status: VOTE PENDING
AELIP-16: Vesting Schedule Starts When deal is funded, Status: VOTE PENDING
AELIP-17: Aelip Rewards, Status: VOTE PENDING
Resources:
Aelin Docs
In this issue:
Aelin Council Results
Aelin Road Map
Optimism Airdrop
Treasury Report
AELIP Updates
Aelin Catch Up
AELIP Status Tracker
The Aelin Council election has concluded! Congrats to the five new council members:
@Alex the Lizard, @cb0x, @calavera, @samh, @SynthaMan
When Avalon is first released, the first two weeks will be a gated soft launch to test the new mechanism. Alpha traders who register and trade in the competition will be the only traders who have the ability to use the new dApp during this time. You have less than 48 hours left to register an address for the trading competition!
Aelin has a busy roadmap for 2022. Recently the homepage just got updated, along with Pool 1/Pool 2/. UI/UX improvements are currently in the works.
The most thoughtful airdrop crypto has ever seen was spelled out late April by Optimism!
If you were a Aelin user over these past couple months, Congrats! You got a portion of the airdrop, and potentially future airdrops!
What if Optimism does a community-led fundraising round ?!
https://twitter.com/iDecentralized/status/1516542235982004228
The Aelin Council released their first Treasury report, in an effort and important step into providing transparency to the protocol. These reports will be created and announced to the community regularly. To find this report go here or checkout the below tables for treasury balances and treasury held deal tokens!
Treasury Balances:
Treasury held Deal Tokens:
Two of the most important AELIP’s for Aelin have just been published!
In the current state of the protocol, deal fees are collected and held by the Council which will then distribute the whole amount to AELIN stakers.
However, this means that there will be a lot of different deal tokens for stakers to claim, causing issues with gas and transaction fees and potentially making it nonviable to stake in small amounts. There is no point claiming dust from various tokens, multiple times a month.
AELIP-14 will address this issue by allowing stakers to claim AELIN, a single token. AELIN tokens will be bought at spot price by the protocol itself.
Moving forward, the 2% protocol fee on each deal will be collected in the underlying deal token (unwrapped), which will be placed in a 6-month escrow contract. Every quarter the Aelin Council will sell the deal tokens that have vested in the prior quarter to buy Aelin using a customized Aelin pool. Each quarter, 25% of the total AELIN collected will be distributed to stakers (30%), liquidity providers (50%) and to the treasury (20%).
It is crucial for these new tokenomics to be protected against people willing to game the staking and rewards claiming mechanism. This is why only a portion of the rewards coming from the cumulative buyback tokens (25% of the $AELIN) will be distributed quarterly, instead of the full amount. This will encourage stakers to hold their position for the long term in order to claim the entire share of rewards.
Read more - https://aelips.aelin.xyz/aelips/aelip-14/
The second proposed AELIP (NFT gated pools) allows sponsors that would now be able to create pools specifically for one or multiple NFT collection holders. The possibilities are endless when protocols can whitelist particular NFT collections for fundraising pools / NFT's are created as a way to whitelist investors!
NFT's can now serve as your entry ticket into early stage fundraising.
Read more - https://aelips.aelin.xyz/aelips/aelip-15/
https://twitter.com/aelinprotocol/status/1521220107648741376
If you missed the latest AELIP Presentation Call (for AELIP 16, 17, 18) you can check out the recording here:
https://anchor.fm/aelinprotocol/episodes/AELIP-16-17-18-Presentations-e1hlqrn
For those Liquidity Providers out there looking for some sweet APY - Aelin is one of the best! Currently on Ethereum Layer 1 the Aelin/Eth Pool is 208%
You thought the L1 pool was sweet - now checkout the Optimism L2 Pool. You can stake Aelin/Eth for 172% APY and also single stake for 37% APY! When you can claim rewards and then single stake for next to nothing, you can see why Optimism is the clear L2 winner.
A glimpse of the new UI was dropped! Check it out below!
https://twitter.com/aelinprotocol/status/1520524247852109829
AELIP-9: Balance + Aelin/Eth Pool 2 on Eth L1, Status: APPROVED
AELIP-10: Re-enable Pool Transfer, Status: APPROVED
AELIP-13: Incentivized Pools, Status: APPROVED
AELIP-14: Updated Tokenomics, Status: VOTE PENDING
AELIP-15: NFT Collection Whitelist, Status: VOTE PENDING
AELIP-16: Vesting Schedule Starts When deal is funded, Status: VOTE PENDING
AELIP-17: Aelip Rewards, Status: VOTE PENDING
Resources:
Aelin Docs
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