24
April

Weekly Update #42

Here’s what has happened this week.

- More work on SiennaLend front-end. Public beta this coming week followed by mainnet launch on April 29th.

- Governance front-end 95% complete. Launch expected in the coming weeks.

- New revamped UI/UX for the entire front end is done.

- Mobile optimization is in progress for the frontend.

- Optimizations to Fadroma.

- Testnet rewards deployed for rewards in tokens other than SIENNA. Launching on mainnet this coming week.

- Marketing preparation has started. PR is ready.

- Working on integrating TVL with DefiLama.

- Deployed locking contract to handle locking of 0.02% swap fees for 30 years, which can be queried.

- General front-end optimizations and improvements.

- Final SiennaLend testnet version deployed.

SiennaSwap Fee Monitor

Track the balances to be converted into SIENNA every quarter bought at market price and then locked for 30 years.

➡️ Check out the following GitHub repository:

https://github.com/SiennaNetwork/amm-fee-monitor

SiennaSwap LP Rewards Update

75% of the SIENNA / sSCRT LP rewards were reallocated to the SIENNA / stkd-SCRT LPs. Liquid staking solutions such as Shade Protocol’s stkd-SCRT allow users to maximize their yield while interacting with DeFi by accruing staking rewards on top of earning yield from LP rewards. Shifting rewards from sSCRT to stkd-SCRT is in the best interest of SiennaSwap users.

Read more here:

https://medium.com/sienna-network/siennaswap-lp-rewards-update-fc196094b3ff

AMA with Geeks Pics NFT

Geeks Pics is a 3D PFP NFT collection launching on Secret Network. The Geeks Pics team is composed of core contributors to Secret Network and Citadel.One team members.

The AMA with the Geeks Pics team took place on Tuesday (April 19) in the Sienna Network Discord voice channel.

In partnership with Geeks Pics, we are giving away 10 whitelists for their upcoming mint, and 20 $SIENNA tokens (4x5):

https://twitter.com/sienna_network/status/1516821248399060999

SiennaLend — the first-ever private lending protocol — is launching on April 29! 🚀