Shroom Community Update #2

Hey Fam! We’ve had a hectic couple of weeks here in Shroom’s HQ! The project has grown insanely fast and we are excited about the days ahead. In this community update we make a recap of all the action we’ve had and what comes next.

Let’s dive right in!

Highlights

  • Minting keys and tokens burned
  • Dev funds locked and community funds setup
  • VC firms approaching us
  • New forum

Roadmap progress

  • Performed additional design tasks for the DEX
  • Started exploring collaboration points with other well-known crypto projects that approached us
  • Ongoing front end implementation of the DEX
  • We fine-tuned incentives for the upcoming round of farming
  • Ongoing research of options for NFT swapping contracts

When GSWAP?

The article explaining the DEX should drop at some point mid-late next week. In a few days time. Get ready for a breath of fresh air entering the space!

When new round of farming sir?

Details should be available right after we cover the DEX and its token, also towards the end of the next week. The rewards will be self-explanatory once the moving parts of the DEX are explained.

Farmers helping us currently to bridge liquidity will have top rewards and priority for the upcoming game farms.

Minting keys and more tokens burned 🔥

The minting keys burn also burned 2,381,359 SHROOM that in that address, reducing the supply even more!

Dev funds locked and community funds setup

Community funds setup

The bounties will be granted in a locked state or with a vesting period to prevent market woes and affecting the price action. As usual the community will vote what’s the best approach!

VC firms approaching us 🥰

We will keep the lines of communication open with these firms, trying to seek synergies and collaboration points, while always making clear that we want to remain a 100% community-led open protocol.

New forum

That’s all for this week’s update. More exciting news very soon with the next platform update!

Until next time shroomies!

Shroom Team

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DeFi protocol for NFT assets trading & minting.