Scribes, Degenerates, Wizards, and Warlocks; September has come to a close.
And Uptober is ready to begin.
But, before that, let’s journey through the past month. Let’s flutter through the forests of DeFi and learn just how strong a month it has been for Scribe.
Users and Growth
The past month saw > 19,000 Scribers join us to write the future of DeFi on Scroll. Each of you raised your quill and put digital pen to digital paper to swap tokens, provide liquidity, and get involved with our campaigns.
It was truly magical. It still is.
On top of that, we saw the TVL that’s locked away in the arcane liquidity pools of Scribe increased over 100% . Looking back, we’ll see this as just a drop in the bucket. Today, it’s a significant milestone.
Volume increased to an average of ~$500k per day.
As we continue to write the future of DeFi on Scroll, we expect these numbers to look as small as the dwarves who reside in the Netherrealm.
Building the Guild: Partnerships and Beyond
Rome wasn’t built in a day. Nor was it built alone. There is a deep value found in partnerships throughout the Web3 space, that’s why we’ve prioritized building and growing relationships with top-tier builders across the realm of Crypto.
From OKX Wallet integration to our partnerships with aggregators like ODOS, Eisen and HippoSwap, ensuring the distribution of Scribe and access to our liquidity and rewards has been pivotal.
Of course, there can be no liquidity without bridges! Hundreds of thousands of dollars in value crossed between Ethereum and other L2s into the Scroll ecosystem through Flexy Bridge and Retro Bridge.
What use is a bridge without assets to, well, bridge? Scribe has brought Stakestone’s $STONE and $eETH from EtherFi directly to our DEX and to the broader Scroll ecosystem.
Painting the (Scroll) Canvas
From day one we’d committed to writing upon the Scroll. The Layer 2 that truly scales. That delivers on the promises Ethereum once made.
Since then, we’ve launched four badges, each of which represents the holders’ dedication to Scroll and DeFi on Scribe.
Curious to how many have been claimed thus far?
Swapping Sorcerer: Swap at least $500 on Scribe - Holders: 6,715
Liquidity Loremaster: Provide at least $1k in liquidity - Holders: 3.479
Wardseal Wizard: Cast a minimum of $100 into a liquidity pool and hold it for 30d - Holders: 1,859
Aetherbind Archmage: You've cast a minimum of $1,000 into a liquidity pool on Scribe and held it for 30d - Holders: 1,649
Expect more. Collect them all. Expect rewards.
Touching Grass & More!
Living in the digital realm is all well and good, but as every good degen knows it’s crucial we touch grass every once in a while. Even the most elite Scribers need sun (though, it’s rare).
The Scribe team was out in full force at KBW & Token2049, joining partners like Alchemy, Orderly, and Kronos Research to alchemise some of the hottest in-person events and spread the news of the future of DeFi on Scroll (and beyond).
There is always a time when it might be best to sit in a dark room and get rewarded for it (okay, you have to do a little more than just sit in the room). Our Scribe Intract Campaigns have seen thousands of DeFi degenerates, liquidity loremasters, and community members roll into Scribe to assist in writing the first few pages of our journey.
Until Next Time
This is not the end. It’s barely the beginning. The Guild of Scribes will continue to convene. They will continue to write out the future of decentralized finance on Scroll.
They will continue to build.
Until next time, follow us on X and join the Discord.