Bonfida’s Weekly Newsletter 09/02/2021

Welcome to the 6th edition of our weekly newsletter.

We are glad you are here. Let us get into the updates!

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Key Performance Metrics:

February is upon us, in the first week Serum total volume achieved was $73,165,296, this is less than last week’s total of $79,941,733. The average daily volume was $10,452,185, this is down 8% but this remains significantly higher than the December period.

Daily volume ranged from $6,313,034 to $14,181,789. From the data we have collected and analyzed the first half of the month sees a significant decrease from the last half of the month. Same pattern occurred in December and January. If continues February will be the same.

Announcements:

DID YOU KNOW 1MAPSPOOL TOKEN EQUALS 8.8 MAPS?

(https://bonfida.com/dex/#/market/8bCqYjBMzahaQFjMTt6pyfShsNvsd7dNaVXyYWYUeKYH)

1 $MAPS VC Pool token represents the ownership of ~8.8 $MAPS and is currently trading at $2.3 while $MAPS is trading at $0.58

You can redeem your 1 MAPSPOOL token in December for 8.8 MAPS

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Developments:

UI IMPROVEMENTS — FAVOURITE MARKETS

You suggested, we listened. Following a suggestion from a Bonfida user we implemented their suggestion in under 24 hours.

Now on the DEX you have the option to favorite markets you frequently visit.

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$PERPS MARKET ADDED

(https://bonfida.com/dex/#/market/G7LqXk9c7DSsezu2sZfrf5ftCbVkYkkCP6GyJsQcfjH5)

Perpetual Protocol (PERP) has listed on Bonfida. Perpetual Protocol is a decentralized perpetual contract protocol with virtual AMMs to provide guaranteed liquidity.

To find out more visit: https://perpetualprotocol.medium.com/

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SOLIBLE MARKETS — NEW ITEMS
(https://twitter.com/bonfida/status/1357737071545356290)

Several new NFT’s added. Collectable artwork with no more than 5 available for each NFT.

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To find out more about using Solible — https://help.bonfida.com/solible/

Thank you for taking a moment to keep up to date with Bonfida newsletter.

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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.

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

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

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Data, Analytics, and GUIs for Serum

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