Bonfida Exclusive: Edition #5
As we say goodbye to 2021, let’s reminisce one last time with Bonfida’s December Exclusive. If you were too busy to keep up, don’t worry, check out this edition to recap on what Bonfida has achieved!
With on-chain staking back, many new integrations and a handful of AMAs hosted, December has been yet another busy month for Bonfida. We are excited to have established partnerships with names like SolanaFloor, MathWallet, STEPN and Coin98 — ever-growing our reach in the ecosystem.
Bonfida had some influential names join the conversation this month, hosting AMAs with; Chinyu from Evernew Capital, Sino’s CEO Matthew Graham and Benson Sun. Don’t miss the important insights shared by our VIP guests and have a look at this month’s exclusive.
Without further ado, let’s dig in!
Bonfida Announces On-Chain Staking
Bonfida brought back on-chain staking in December and this time with a twist! Besides earning rewards such as a portion of the daily network fees that could be up to tripled when staked for 3 years, stakers also earn gFIDA. While your FIDA is staked you will receive an equivalent amount of this new governance token. This is a prized exchange that will give stakers power through enabling voting/governance at Bonfida.
The average daily returns since staking has commenced equals 0.67%, which is more than 50bps per day — thus resulting in high annualized rewards.
Get involved and stake your FIDA on-chain here.
For more information, please refer to:
SolanaFloor now has an analytics dashboard for the Solana Name Service
The growth of the Solana Name Service (SNS) has been undeniable and as its popularity continues to increase, community members have expressed interest in seeing more statistics. Well, with SolanaFloor and SNS’s integration, community members can do just this. Bonfida happily welcomes SolanaFloor which provides a comprehensive dataset for users who are keen to understand the market performance more quantitatively.
Have a look at the dashboard here to see all the statistics you may need.
MathWallet Integrates to the Solana Name Service
Did you hear MathWallet, one of the most used cross-chain wallets within the cryptocurrency industry, has integrated SNS? MathWallet is a multi-platform, universal crypto wallet that enables storage of a vast range of blockchain tokens. They support over 2 million active users across 70+ blockchains and enable the use of over 3000 dApps. With this integration, you can simply transfer SPL tokens via a .sol domain name in the MathWallet application, thus providing users with an easy way to access products offered by Bonfida.
This partnership doubtlessly highlights that SNS is becoming the norm for transactions on the Solana blockchain!
For more information on the MathWallet integration, have a look here:
Coin98 Wallet Integrates to the Solana Name Service
Coin98, another widely used cross-chain wallet in the cryptocurrency sphere, has successfully integrated the Solana Name Service. This allows users to effortlessly transfer SPL tokens via a domain name in Coin98’s mobile wallet available on iOS and Android.
This partnership brings along a welcome opportunity for Bonfida to break into and expand on the Vietnamese market, especially considering Coin98’s strong Asian presence, particularly in Vietnam.
AMAs with Evernew Capital’s Chinyu, Sino’s CEO Matthew Graham and Benson Sun
Besides Alex Wice, Bonfida hosted another 3 AMAs this month including VIP guests Chinyu, Matthew Graham and Benson Sun. They have all shared very valuable insights that should not be missed. You can catch these conversations on the on-chain messaging app, Jabber, available on iOS and Android. Keep an eye out on Bonfida’s Twitter for more exciting guests to come!
If you missed the AMAs, we’ve got you — join the groups via the addresses below to read through the chat history.
Chinyu from Evernew Capital:
Matthew Graham, Sino’s CEO:
Solana Name Service — Announcing partnership with STEPN
Anticipate to see STEPN integrating Solana Name Service in the very near future. STEPN is a move2earn running app powered by the Solana blockchain. We said we are expanding our reach and you don’t have to expect anything less.
Jabber’s new skin and upcoming Jabber V2
If you haven’t done so yet, explore Jabber’s new user interface currently available. Further developments include the integration of DigitalEyes, which allows you to show your NFTs as well as message owners of NFTs you see on the marketplace. Bonfida has also added a “Share” function enabling you to share your profile, groups and NFTs on Jabber.
This is not where it ends though. Jabber V2 is coming soon, where you can foresee an even more social media-like experience on the app.
The Solana Name Service Resolver (SNSR)
A thrilling development by a Bonfida community member (Twitter: @officialzhvng; Discord: 21club#1289) now allows you to use .sol domain names in your browser. The SNSR extension works by redirecting requests for .sol domains to a URL, IP address or IPFS hash stored in the “content” field on Solana Name Service. Users can also use SNS-Deploy to deploy dApps on IPFS and update your .sol domain name automatically.
These are the big moves you will continue to see from SNS. Join us to build an uncensorable web now!
Bring Your Voice to Bonfida’s Community Forum
Bonfida has created a community forum open to anyone to share their ideas. The forum exists for users of different Bonfida smart contracts and services to discuss, exchange ideas, and build upon the existing ecosystem.
We want to hear from you! Join the forum and add your ideas here.
Solana Name Service and Pyth Network Oracle Price Feed
This new addition upgrades the Solana Name Service by offering a fixed price for all the initial domain auctions. All initial auctions now start with a FIDA price equivalent to the value of $20 USD, protecting users from rapid price changes and ensuring consistency for all initial auctions.
Solana Name Service Witnesses Monumental Growth Figures Over the Month
Over the past month, SNS statistics have grown significantly with more that 23K Twitter handles registered and 135K domain names auctioned!
A Twitter Milestone for Bonfida
Bonfida celebrates having over 60K Twitter followers. Thank you for all the support thus far.
Monthly Buy and Burn
$FIDA’s buy and burn breaks a new record with over 101,451 $FIDA burned in December! That’s $367,000 at the current price.
Monthly KOL Spotlight
As a strong supporter of Bonfida since day one, Kowei has written a comprehensive summary of Bonfida’s progress over the past year in traditional Chinese.
Check it out here：
Thank you for joining us for this month’s exclusive edition. See you next month with more updates and #Edition 6.
Be safe and take care!
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None of the above is financial advice.
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