POLYGON X ICHI AMA ON JUNE 28TH 2022 & GLEAM COMPETITION
ICHI has scheduled an AMA with the Polygon Community for June 28th at 11:30am EST! To support this event and really involve the community, as well as Polygon community, we have launched a 7-day Gleam Campaign (a few days in by now). This campaign consists of tasks to do to enter a raffle to win $100 worth of ICHI. The more tasks you do, the more chances you have of winning. Join here! https://gleam.io/t8yUY/polygon-x-ichi-ama
The AMA will take place on Polygon’s Discord.
CRYPTO CURRENT INTERVIEWS BEN SPICKARD
Crypto Current recently interviewed Ben Spickard, ICHI’s head of marketing and founding team member. In this interview, Ben explains what ICHI is and what ICHI can offer DeFi through Angel Vaults, HODL Vaults and Branded Dollars, and reflects on the project’s recent developments vis a vis leverage and DeFi.
Give Crypto Current a follow:
https://twitter.com/cryptocurrent
BANCOR IMPERMANENT LOSS PROTECTION PAUSE
In order to support the ICHI community, we wish to clarify a few details about what we have learned regarding the temporary pause on Impermanent Loss Protection on Bancor. IL Protection from Bancor is currently paused. Users can still withdraw their positions from Bancor during this time; however, if a user withdraws, they will not get the tokens earned from IL protection. If a depositor has tokens on Bancor V2 and wishes to withdraw from the platform, they must first migrate to V3. Users who migrate from V2 to V3 during the pause will also lose their IL protection earned tokens. Bancor has stated in their article that this is a temporary measure to protect their protocol and its users. Once Bancor turns back on IL protection, users will be entitled to all of the tokens allocated to them. Users with deposited funds in their protocol will continue to earn yields and will be entitled to withdraw their fully-protected value when IL protection is reactivated. Learn more about Bancor's update in their article below. We will continue to update the ICHI community as we learn more. If a user deposited before Saturday when they paused IL protection, their deposited funds are earning IL protection yields. This is in reference to Bancor's latest medium post https://blog.bancor.network/market-conditions-update-june-19-2022-e5b857b39336
ETH SEATTLE 2022
ETH Seattle this year will take place on July 8th. There will be cool talks, drinks , and billiards. ICHI Foundation’s steward Bryan Gross will be speaking at this event. Event is free, but there is space for only 300 people, so if you’re in the area and wish to get a ticket, RSVP now at:
Until next week:
