Welcome to Newsletter #31
Another turbulent week for the crypto space with a lot of fear and uncertainty. However, that cannot scare us, we similarly to the Proton team are following our agenda and keep on building new and exciting features and products. With the Proton Loan Health Monitor built and launched, we are focusing on the analytics part of Proton Live. We have been gathering metrics for the past few months and it's time to start visualizing them now and give the users a bit more insights into Proton Chain. Stay tuned to find out more.
Thank you for your support and have a great week!
Another great episode of #Web3StartsHere hosted by Will features the teams building on Proton Chain. It was amazing to hear their stories, how they found Proton and what they are trying to achieve. Make sure you listen to the recording on Twitter spaces:
It's great to see the team's commitment and how they follow their goals regardless of the market state. When announced Proton fiat on-ramp, was advertised as it takes between 1 and 5 days for funds to arrive. The team has changed this now to say between 0 (zero) and 5 days. In other words, it takes only a few hours for the funds to arrive in your account.
Proton XPR inflation is now over 7% with the majority of long stakes contracts appreciating in June. The good news is that long staking is almost over, with 161M XPR left in contracts appreciating by the end of July 2022.
Remember, we track the inflation on a daily basis and publish it on our website:
Following the announcement of #BetterBlockhain campaign and introduction of Snipcoins, Freeos, Soon market last week, the Proton team introduced two other projects - Storex and GLBDEX:
Here is a great summary and a reminder of the Metal Pay features delivered and the goals they achieved over the past few months:
The Proton team also announced the next episode of #Web3StartsHere that is dedicated to the launch of Meal Pay Europe:
We also saw Marshall featuring in Politico's very detailed article on regulation and lending following the freeze of withdrawal on the Celsius Network. Although he's been only quoted, it's great to see him on Politico's articles as they have a big audience of about 4.6M Twitter followers:
Just a reminder that we built and released Proton Loan Health monitor where you can subscribe to receive instant Telegram notifications should your Proton Loan health goes below a certain threshold. Make sure you check the web page and ping bot below:
Subscribe to the service by starting a chat with our bot:
- Proton and Metal data source: CoinMarketCap
- Price change based on Sunday close price using latest data in range (UTC)
- Loan data source: Protonscan (Alcor exchange + Protonswap)
We would like to feature the biggest Proton supporter - Bruce. It's great to have him around, always supporting Proton and the community with his positive and wise tweets and telegram posts, thank you, Bruce!
Any comments and suggestions are more than welcome. You can find us on Twitter, Telegram as well as Reddit. Thank you for supporting ProtonUK.