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MUSE DAODistribution of Muse staking reward
A few weeks ago we announced the start of single $MUSE staking to earn $MUSE bought back using the NFT20 protocol fees. We decided to migrate to a new staking contract that offers more flexibility and safety based on the xSushi smart contract:The new contract issues Staked Muse (sMUSE), an ERC20 that offers a new range of use cases for the $Muse ecosystem.The first contract had an arithmetic error spotted by Bailey T that could have locked forever some $Muse on the contract in the long term a...
MUSE DAO2 years anniversary community update
It’s been 2 years since the launch of the Very Nifty game that lead to the creation of the Muse DAO: An NFT venture builder owned by the community. In this article, we’ll take the time to write about some of our past releases and see where we are going. For the lookback, our past releases fit in the NFT universe and will be listed in several categories: Trading, Gaming, Tools, and experiments.NFT TradingNFT20 is our flagship product. The first NFT exchange that enabled trading tokenized floor...
MUSE DAONFT20 & MUSE Community Update
The Tao of Pooh the BearIt’s been a while since the last community update, in part because we’ve been growing and working on so many things that we didn’t have time to write one, but time is due.CommunityAfter 9 months of daily product iteration and investing time in the community, we are really happy with the state of things and enjoy more than ever the every day of coming to discord and discussing ideas, laughing with, and getting mad at anon pepes, a dream come true.We also see a consisten...
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MUSE DAODistribution of Muse staking reward
A few weeks ago we announced the start of single $MUSE staking to earn $MUSE bought back using the NFT20 protocol fees. We decided to migrate to a new staking contract that offers more flexibility and safety based on the xSushi smart contract:The new contract issues Staked Muse (sMUSE), an ERC20 that offers a new range of use cases for the $Muse ecosystem.The first contract had an arithmetic error spotted by Bailey T that could have locked forever some $Muse on the contract in the long term a...
MUSE DAO2 years anniversary community update
It’s been 2 years since the launch of the Very Nifty game that lead to the creation of the Muse DAO: An NFT venture builder owned by the community. In this article, we’ll take the time to write about some of our past releases and see where we are going. For the lookback, our past releases fit in the NFT universe and will be listed in several categories: Trading, Gaming, Tools, and experiments.NFT TradingNFT20 is our flagship product. The first NFT exchange that enabled trading tokenized floor...
MUSE DAONFT20 & MUSE Community Update
The Tao of Pooh the BearIt’s been a while since the last community update, in part because we’ve been growing and working on so many things that we didn’t have time to write one, but time is due.CommunityAfter 9 months of daily product iteration and investing time in the community, we are really happy with the state of things and enjoy more than ever the every day of coming to discord and discussing ideas, laughing with, and getting mad at anon pepes, a dream come true.We also see a consisten...
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We are excited to announced that we successfully diversified part of the MUSE treasury into $750k DAI based on this governance vote
DeFiance Capital and Stake Capital have joined NFT20 and MUSE as strategic investors, supporting the core team and community with valuable experience and resources as we continue to develop liquidity and DeFi solutions for NFTs.
Defiance Capital— founded by Arthur Cheong (@Arthur_0x) is a leading DeFi focused Cryptoasset Fund combining fundamental research and active involvement strategy.
Stake Capital — Founded by Julien Bouteloup (also member of Blackpool DAO and StakeDAO) provides financial instruments and services on top of the leading DeFi and staking networks.
DeFiance believes that NFTs are an improvement in asset ownership and will continue to see exponential growth.
We are proud to support NFT20 in their vision to offer increased utility for NFTs and integrate NFTs into the broader DeFi ecosystem. We respect the team’s strong ability to ship product and openness with their development process. — Arthur Cheong
The new resources available for the DAO are already put in use:
Creating more ambitious products at the intersection of DeFi and NFTs.
Re-structuring how development and operation is done to enable builders hop in and off the DAO more easily.
Shaping our brand and spreading the word of our product.
Integrating the protocol with 3rd parties.
Both parties agreed to buy MUSE from the DAO at spot price at the time of the deal.
Due to par of the DAO funds being vested, Adam and Jules (core developers) lent the DAO a total of 4837 MUSE. They will be paid back from the DAO as the funds are released from vesting.
We are excited to announced that we successfully diversified part of the MUSE treasury into $750k DAI based on this governance vote
DeFiance Capital and Stake Capital have joined NFT20 and MUSE as strategic investors, supporting the core team and community with valuable experience and resources as we continue to develop liquidity and DeFi solutions for NFTs.
Defiance Capital— founded by Arthur Cheong (@Arthur_0x) is a leading DeFi focused Cryptoasset Fund combining fundamental research and active involvement strategy.
Stake Capital — Founded by Julien Bouteloup (also member of Blackpool DAO and StakeDAO) provides financial instruments and services on top of the leading DeFi and staking networks.
DeFiance believes that NFTs are an improvement in asset ownership and will continue to see exponential growth.
We are proud to support NFT20 in their vision to offer increased utility for NFTs and integrate NFTs into the broader DeFi ecosystem. We respect the team’s strong ability to ship product and openness with their development process. — Arthur Cheong
The new resources available for the DAO are already put in use:
Creating more ambitious products at the intersection of DeFi and NFTs.
Re-structuring how development and operation is done to enable builders hop in and off the DAO more easily.
Shaping our brand and spreading the word of our product.
Integrating the protocol with 3rd parties.
Both parties agreed to buy MUSE from the DAO at spot price at the time of the deal.
Due to par of the DAO funds being vested, Adam and Jules (core developers) lent the DAO a total of 4837 MUSE. They will be paid back from the DAO as the funds are released from vesting.
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