PowerPool Newsletter #022
Modular Vaults | Harmony Partnership | Gearbox Protocol | PowerPool Dashboards | Community Call
In This Issue
Modular Vaults https://t.co/fav7DJgj46
Harmony Partnership
Gearbox Protocol
PowerPool Dashboards
Community Call
Community Call
First of all, we want to invite you to our community call tomorrow!
Join us on the PowerPool Discord this Wednesday at 14:00 EST / 20:00 CET for a discussion with the team. Bring your best questions, comments, and suggestions to make this call a success!
PowerPool Vaults
Earlier this month PowerPool published a detailed overview of the work being done behind the scenes on the underlying PowerPool vault tech. It does a great job of explaining the challenge of providing asset exposure, utility (governance rights), and yield (staking) while trying to keep the architecture as modular as possible. This is a major investment in the core functionality of the protocol that will facilitate and streamline the creation of new pools in the future.
Harmony Partnership
In November PowerPool and Harmony announced a partnership to bring the Harmony DeFi ecosystem to the masses via pools managed by PowerPool. The initial token, $ONEDEFI, will provide not only exposure to the top projects on Harmony but also yield derived from staking of those underlying assets. Stay tuned for updates!
Gearbox Protocol Airdrop
Last week Gearbox Protocol allowed to mint $GEAR to all PowerPool users who have participated in governance in the past. If you got your $GEAR but don’t want to be involved in the governance process yourself, please consider delegating your voting power to powerpoolcvp.eth or vasilypowerpool.eth!
The team put together a thought provoking tweet thread on DAO collabs related to this topic, go check it out 👇
PowerPool Dashboards
$CVP (and $xCVP) and $YLA dashboards have been updated recently to fix some bugs and more accurately reflect results. Check them out to gain insights into how the the protocol and our premiere product are performing! We’re always open to suggestions, so if there are any metrics that you would like to see being tracked please let us know on our Discord server.
More on PowerPool
Power Forum: https://gov.powerpool.finance/
Discord: https://discord.gg/hYJXUBQ
Twitter: https://twitter.com/powerpoolcvp
Medium: https://medium.com/@powerpoolcvp
Website: https://powerpool.finance