Genius Yield Announcements

🚨 Calling all Python programmers! Are you a Python programmer? Would you like to test your skills and get a chance to win part of a $3,000 prize pool? Together with our partners Mehen $USDM, Emurgo, Universidad Tecnológica Nacional de Argentina, and ADA Solar, we’re happy to announce the launch of the Trading Strategies Competition on the Genius Yield DEX! What you need to know: 👾 Create your own Python trading strategy on the Genius Yield DEX, either on GENS/ADA or USDM/ADA pair, and submit it by July 7, 2024, at 11:59pm UTC. 💰 Genius Yield committee will pick a selection of the most promising strategies, and fund them with GENS, ADA, and USDM. Don’t worry if your strategy wasn’t funded, you can always do it yourself and join the competition! 📊 The main competition starts July 15th! All strategies will be competing with each other until July 29th, 2024. 🥇 The strategy that accumulates tokens with the highest ADA value wins! The 2nd and 3rd places will also be rewarded. There is an additional “Best Code” category! Winners will be announced at the beginning of August, 2024. ➡️ More details on this Medium article ➡️ ​Submit your strategy in our GitHub repository Let the coding begin! 🚀

😍 Our Alternative Order Feature is Live! You'll receive suggested alternative orders that provide you more tokens for a lower price. 👀 Here's how it works: when you place a market order our app is able to consume up to 3 existing orders with the best available prices to fulfill the offered token amount (referred to as the ‘From’ amount). With this feature, our app scans for better prices even if they don’t consume the full “From” amount and you'll get suggested alternative orders that give you more tokens for a lower price, if available. 🤖 It's like having a smart trading assistant built right in! In the image, you can see an example. When such an alternative order is available, the option is displayed. By clicking "Show me" the “From” amount will change and you will get more tokens for a lower price. ⬆️ Maximize your token sales or purchases! Try it on your next trade: https://app.geniusyield.co/

Day 2 of Consensus2024 is absolutely buzzing! 😍 Awesome people with positive energy all around sharing their passion for blockchain innovation and making new connections 🤝 And it appears that yesterday’s Rare Evo social side event was on 🔥 📍 Be sure to drop by and say hello! Booth 818.

🔥 The biggest crypto event in the US starts today! Consensus2024 by CoinDesk Over 15,000 attendees are expected, making it a buzzing hub of developers, investors, founders, social media professionals, policymakers, and more. We're excited to be co-sponsoring the Cardano & IntersectMBO presence and introducing you to our ecosystem! 🤩 🤠 Attending? Check out booth 818! You're invited to stop by and try out our order-book DEX. Almost 50 Cardano native tokens are available, with fast, predictable trades and no slippage.

🎉 Your trading is way more rewarding on Genius Yield! That means if you're actively trading on our DEX, thanks to our Accelerated Yield Event #AYE, you're eligible for a share of 50k $GENS every week. Stablecoin traders enjoy a 3x APY boost on $DJED, $USDM, and $iUSD/ADA pairs. 😍 The momentum is building – we're already the #1 DEX for $DJED trading, with a daily volume of 100k $ADA. Join the movement! 📊 https://app.geniusyield.co/

🔔 Time for Community Reviews! 🔔 🤠 The community review stage for Catalyst Fund 12 has just kicked off! Until June 20, 2024, registered community members can review the proposals, share insights and rate the proposals to help the teams improve their ideas and provide information to voters. Remember to check our proposals and bookmark them for the voting stage, which starts on June 27th 😉 1️⃣ Add support for USDM/CNT trading pairs 2️⃣ Easily swap +40 reward tokens in one transaction 3️⃣ Options trading platform 4️⃣ ATLAS 2.0 PAB improvements and advanced UTxO features 5️⃣ Regulatory-compliant RWA swaps 🚨 If you still don’t have your wallet registered for voting, find how to do it here: https://docs.projectcatalyst.io/current-fund-basics/how-to-register-as-a-voter

Happy day Genius community! 🤠 It’s our favorite time of the week: Rewards day! 🥳 Check your wallets on our App, “My rewards” section. The Accelerated Yield Event #AYE rewards have been distributed, and the staking rewards too. 🔥 3x boost APY on stablecoins trading -$DJED, $USDM and $iUSD- is still ongoing! 🔥 50k $GENS are distributed among ALL TRADERS with filled orders (75:25 market makers/market takers) Note: This week has been the last distribution of Tier 2 of the Accelerated Yield event. It will be reworked. Staking $GENS and trading on Genius Yield are a sweet combination for boosting rewards 😏 A new week of the AYE has started! Join in! 🔗 https://app.geniusyield.co/ 👈

👀☝️  Did you know $GENS flex staking is available? Unlock benefits with flex staking! 1) Unstake whenever you want 📤 2) Participate in the DEX Fee Sharing Program: earn part of the 20% fees collected by the DEX. 🔥 3) Use your Genius NFTs and Mascot NFTs to boost your $GENS rewards  🤖 Locked staking is still available, however, the reward system changed: 🚀  Participate in our DEX Fee Sharing Program to earn a share of the DEX's 20% fees, plus extra yield amplification. 🤖  Use your Genius NFTs and Mascot NFTs to boost your $GENS rewards. BONUS! An additional 1.5M $GENS has been added to the Staking Program. ➡️  https://app.geniusyield.co/earn  ⬅️

🎉 The Phase 1 & 2 of our updated roadmap is now complete! 🎉 Let’s take a closer look at the milestones we’ve reached: Phase 1️⃣: 🔥 DEX Fee Sharing Program: Our dashboard and claiming process went live in early February and you can easily claim the 20% of the DEX fees if you are a $GENS staker. 🔥 Accelerated Yield Event: Throughout March, we introduced AYE V2, incorporating valuable community feedback. Our focus? Prioritizing liquidity provision near market prices. We also highlighted select trading pairs, giving them a 3x booster: USDM, NTX and stablecoins. 🚀 🔥 Market orders multi-fills: In late March we launched this special feature. With multi-fills, your market orders can be partially or fully filled by up to three limit orders in ONE single transaction. 🔥 Second audit: our smart contracts have successfully passed the second audit conducted by Anastasia Labs. Your security is our priority! 🔒 Phase 2️⃣: ⚡️ DEX UI and UX improvements: In progress! Small changes have already been introduced, but there’s more to come. Expect a smoother and more user-friendly experience. 📊 ⚡️ Bug Bounty Program Launch: Up and running. The dev community is actively hunting down those bugs to keep our platform secure. 🐞 ⚡️ Marker Maker Bots framework: As part of this goal, we have announced the Trading Bot API. New strategies can be created in any modern programming language and easily integrated to our DEX. ⚡️ Updated Staking Options: Starting May 6th, $GENS Flex staking is now available. ⚡️ DAO integration: ✅ Decentralized governance is on. We just submitted on Catalyst F12 the three proposals the community voted for. Your constant support and feedback have been our driving force, and we’re happy to share our achievements with you. Thank you for being part of our journey! 🫂

🤠 Hello Genius Community! 👋 The Cardano Foundation just published an insightful interview with Dr. Lars Brünjes, out CTO, as part of their Developer Blog Series. 🧑🏻‍💻 In this engaging discussion, Dr. Lars covers a range of topics about Genius Yield: from the advantages of open-sourcing to our robust security measures, sustainable rewards model, and upcoming roadmap milestones. 📚 Check it out HERE

Dear Genius Community! 💕 📣 We are happy to share that we’ve submitted five proposals for Project Catalyst Fund 12! Three proposals were voted by the DAO, on our 1st DAO poll: 1️⃣ Genius Yield | Add support for USDM/CNT trading pairs - 2 months estimated - 22,222 ADA requested. 2️⃣ Genius Yield | Genius Yield | Easily swap +40 reward tokens in one transaction - 4 months estimated - 141,445 ADA requested. 3️⃣ Genius Yield | Options trading platform on Cardano - 6 months estimated - 282,890 ADA requested. And two more from our team: 4️⃣ Genius Yield | - ATLAS 2.0 PAB improvements and advanced UTxO features - 9 months estimated - 257,777 ADA requested. 5️⃣ Genius Yield | Regulatory-compliant RWA swaps - 12 months estimated - 462,222 ADA requested. 🤠 We are looking forward to reading your insights on Ideascale or on our Discord server! Please share your feedback to help us improve the proposals.

📣 Accelerated Yield Event News! 📣 Every week, our Accelerated Yield Event #AYE distributes 50,000 GENS and an extra 20% of DEX’s fees among Genius Yield DEX users. For 4 weeks, we are highlighting stablecoin pairs! ⚖️ Stablecoin Party at Genius Yield 💃🕺 🥳 Buying or selling $USDM, $iUSD and $DJED gives you 3X boost rewards on our AYE: 🚀 Starting date: Monday 13th of May, 12 pm UTC ⏰ Ending date: Monday 10th of June, 11:59 am UTC Participate here: https://bit.ly/AYE-Trade-Stables Don’t forget to claim your #AYE rewards each Monday, on the “My Rewards” Dashboard 📍📥 🏆 Prizes and eligibility reminder: Tier 1: Anyone with partially or completely filled orders on the Genius Yield DEX is eligible. All tokens and types of orders participate but $iUDS, $DJEd and $USDM trades will earn 3x APY until June 10th, 2024. Tier 2: Additional 20% DEX’s fees bonus. Traders who meet +12,000 ADA trading volume in any pair and have at least 100 $GENS staked participate under equal conditions.

⏰ Boosted Trading Reminder! ⏰ Last chance! This weekend marks the final opportunity to take advantage of our NTX promo. 👉 3X boost APY in the pair NTX/ADA 👈 +285,000 ADA in trading volume over the last few days. 🔥 #AYE is distributing 50,000 GENS each week 🥳 Join here 👉 https://bit.ly/ada-ntx Don’t forget AYE Tier 2! If you are staking at least 100 $GENS and trade 12,000 ADA value or more, you’ll get an additional 20% DEX’s fees bonus.

🫡 We are proud to announce our smart contracts are publicly available! 🥳 Our protocol have been crafted from the ground up to fully benefit from Cardano’s UTXO model. As we previously promised and in line with our commitment to transparency, we made the smart contracts public, allowing the community to scrutinize them. The path of open sourcing code (under Business License 1.1) enhance security, drive innovation, empower the developer ecosystem and increase adoption of Cardano by attracting outsider contributors. 💪 🔎 They can be found here: 1️⃣ Partial Order SC. Validator governing conditions under which a given limit orders can be filled (partially or fully) or canceled. 2️⃣ NFT SC. Simple minting policy which guarantees that every token minted under this statically known minting policy identifier is an NFT, independent of its token name. 3️⃣ Special NFT for Partially Fillable Orders SC. Similar to the NFT smart contract above, but also guarantees that any UTxO containing a token under this minting policy identifier represents a valid DEX order. 4️⃣ Fee configuration SC. Governs fees charged to maker & taker when creating, filling an order respectively. 🧐 Details on this LINK We are so proud! Together we are building #TheCardanoWay: emphasizing transparency, collaboration, and community-driven development. ❤️ 🤝

📚 Tech Update Time 📚 We've been busy making improvements to our DEX and wanted to give you a rundown. Highlights: 📊 Candlestick charts are live 🤖 Finalized first beta version of the Trading Bot API 🐞 Fixed bugs 🖥 Updated Core and Atlas For a full update, please visit our Gitbook docs! 📚

📊 Introducing Candlestick Charts on Genius Yield DEX! 😊 Moving forward on the path of enhancing the user experience, we’re thrilled to announce that candlestick charts are now available on Genius Yield DEX! 📈🕯 These charts provide valuable insights into price movements, patterns, and volatility. Check it out! 👉 https://app.geniusyield.co/

📣 GENS V2 Staking Program is live! 📣 New vault creation, rewards harvesting, and unstaking are active again. Main points of GENS V2 Staking Program: 🔥 Flex staking is now available! ⚠️ Rewards harvesting has been moved to the “My Rewards” section. 🔥 Now you can claim all your staking rewards in one transaction!! 📅 Rewards will be distributed once a week, on Mondays, after 12 PM UTC 🔀 From May 6th locked vaults, when unlocked, will turn into flex vaults. 💰 Locked staking now gives a reward multiplier of DEX rewards and not a fixed GENS APY. 🔥New feature! Our UI is now responsive and reads the content of your wallet. Please note: 1) Staking/unstaking doesn’t have protocol fees. Reward claiming has 2 ADA fee, but now you need to claim only once for all your vaults. 2) Flex staking allows NFTs, but it only boosts your GENS rewards Find more info in this Medium article

🚨 Boosted Trading Alert! 🚨 Boost your gains by swapping NXT on the Genius Yield DEX! Remember, a special AYE is running 🤩 As part of our regular Accelerated Yield Event to incentivize traders, we’re distributing 50,000 $GENS each week among all filled orders and to all pairs BUT 👀👇 🌟 Until May 13th, we’re increasing the rewards for trading NTX 🌟 🔥 Trading NTX = X3 Reward Boost. Set those limit orders and let the rewards multiply! Market orders and direct fill from the order book also participate. Start Trading Now 👉 https://bit.ly/ada-ntx Happy weekend trading 😎

🚨 Staking Migration is in progress! 🚨 Earn section is visible but bear in mind: ⚠️ Until May 6th new vault creation, unstaking and rewards harvesting are not available. ✅ Rewards from the Fee-sharing program and Accelerated Yield Event are not affected and are working as usual on "My DEX rewards" section.

⏰ Last chance to set up a $GENS vault with fixed APY! Hello Genius Community! We're about to transition into the V2 of our staking program. Main points: 🚧 Between the 1st and 6th of May, 11:59 am UTC, harvesting and vault creation will be halted to facilitate the migration. 🌿 Flex staking is introduced, starting May 6th, 2024. 🔀 Fixed APY on GENS is replaced with reward multipliers on DEX fees, starting May 6th, 2024. 🎨 Genius and Mascot NFTs utilities remain unchanged. NFTs staking will be available until December 31st, 2025