Bonfida Exclusive: August Edition

Welcome to the August edition of the Bonfida Exclusive.

This is a monthly newsletter to keep our community informed about our recent developments and what is coming to Bonfida in the month ahead.

We aim to highlight a Key Opinion Leader (KOL) once a month and their contribution to Bonfida Bots. This month we are covering Dunkun Bitcoin author from the Dunkun cloud strategy.

Now, without further ado. Lets see what Bonfida has been up to!

Announcements / Partnerships:

Bonfida x Serum — Stay Tuned

Bonfida was the first project under the Serum Ecosystem. Initially it was the sole API provider and is the flagship Graphical User Interface (GUI) for the Serum DEX. Now Bonfida x Serum are working closely intertwined to work together in Q3 + Q4 on key products for the ecosystem.

Bonfida x 3Commas: Announce Strategic Partnership.

Bonfida, a full product suite that bridges the gap between Serum, Solana, and the user, is excited to announce its latest partnership with 3Commas.io, a leading non-custodial Order Management System (OMS) and incubator for DeCommas, which will provide a plethora of strategic trading tools along with trading strategies for the DeFi space on the Solana blockchain. As Solana continues to gain momentum, this partnership is representative of the trends decentralized finance (DeFi) is beginning to experience.

What’s New / Developments:

Bonfida has developed key infrastructure on the Solana blockchain, let’s see how they have been developing this month.

Audaces Perps:

Did you know that the Audaces Protocol is the first built on the Perps platform built on Solana?

New Market: Solana (SOL-PERP)

In August we welcomed the third trading pair to the platform — SOL-PERP. This move made it the first decentralised platform to trade SOL-PERP. Got a suggestion what our next trading pair should be? Let us know via our twitter.

Cope x Bonfida Trading Competition:

From July 28th to August 28th, Bonfida ran the first trading competition on Audaces. This competition was based on volume traded and saw over 45k USD worth of FIDA and COPE in prizes.

Top Volume:

1. 🏜.Sol

2. @Yakunsb

3. @Doraemon_defi

4. @OdokeiBK

5. @SpiralSwap

6. Cope.Sol

7. @FuckingCfucks

8. @MrShortBus

9. @Inside_eren_TR

10. Marcltd.Sol

Pool Winners:

place #1: @LeslieisHODLing

place #2: @Petro_nazarenko

place #3: @Ftr_finance

place #4: @FluffCato

place #5: Inu.Sol

Solana Name Service (SNS) :
Register your .SOL Domain Name to simply send and receive payments.

Highest Domain Name Auction!

The diamond emoji sold over $60,000 USDC making it the largest sale on Solana Name Service to date. From the sale of domain names ALL proceeds from SNS goes directly to the Bonfida Buy & Burn Program.

Since inception total auctions YTD — 14801

Bonfida Bots:
Is the first on-chain bots on Solana that allows users to subscribe to bots to utilise on the Serum DEX and Audaces platform.

Bonfida Bots V2 — Coming Soon

Bonfida Bots V2 is coming in the coming month. This is designed for Audaces where it allows users to implement and design trading strategies for both sides of the market (Short/Long).

This implementation of Bonfida Bots on Audaces would allow users to implement Stop Losses & Take Profits. Making it a first for on-chain perps.

Serum DEX:
Did you know that Bonfida is the Flagship Serum GUI and was the first project under the Serum Ecosystem?

This month we added a few new markets:

  • ORCA/USDC
  • MNGO/USDC
  • SUNNY/USDC

Removal of MathWallet support

Addition of Blocto wallet support

Addition of Coin98 wallet support.

Monthly KOL Spotlight:

One of our KOL’s for Bonfida Bots is Dunkun Bitcoin. Dunkun participated in the Bonfida Bot trading competition and is the author of the Dunkun Cloud strategy.

This strategy trades ETH/USDC market and has returned 96% ROI since its inception in June.

Since this bot is currently on V1 of Bonfida Bot you can expect to see it on V2 where it can play both sides of the markets.

Interested in our AMA with Dunkun? You can read the transcript here:

https://bonfida.medium.com/ama-session-with-dukun-bitcoin-technical-dive-into-building-a-trading-bot-931c216ebf07

You can view more statistical information about his bots here: https://bots.bonfida.org/#/pool/9zzJCwJScSHWi9apYx3TWNtkaeSEnUJr4knP1ThhVk3X

You can subscribe to his bots here:

https://bots.bonfida.org/#/

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None of the above is financial advice.

Bonfida does not provide services to personal accounts of current residents of the United States of America, Cuba, Crimea and Sevastopol, Iran, Syria, North Korea, or Antigua and Barbuda.

FIDA is not offered within the United States or prohibited jurisdiction.

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Follow us on our socials to keep up to date on any announcements.

TG Announcements: http://t.me/BonfidaANN

Telegram: https://t.me/bonfidatg

Website: bonfida.org

Twitter: twitter.com/bonfida

Discord: https://discord.gg/hn4tTcZ7

Medium: https://bonfida.medium.com/

Price Chat: https://t.me/FIDAtrading

Chinese Chat: https://t.me/bonfidacn

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