Baryon Weekly Report | Week 38 - 2022
This report exposes all of our most recent highlights in W38-2022, including key metric highlights, main integrations, and fascinating events with amazing rewards.
It has been a week filled with many updates what we're buidling/have built/launched. Let's take a closer look.
We generally share these updates on Twitter, but we wanted to include this section to allow readers to see a consolidated post on such updates in case they missed them.
Key Highlights
Snapshot is now LIVE on Baryon Network
Baryon Network has launched the latest feature named "Snapshot" to support our users in easily tracking their joining campaigns with us.
We recognized that every trading competitions always have common questions: Who's the top trader?
To help our users to answer those questions, we have been trying to make our trading players have a better strategy to reach the top in every competition.
Take a tour at: baryon.network/snapshot
CUSD - BUSD Farming Pool has been launched
CUSD is a decentralized stablecoin that is fully collateralized by assets in reserve. In order to convert to 1 CUSD, a total of $1 worth of the collateralized assets must be sent into the CUSD Reserve smart contract. Specifically, in the initial phase, the collateral ratio to convert to 1 CUSD will be $1 worth of fiat-backed stablecoins - BUSD (on BNB Chain).
CUSD is the next building block in the Coin98 ecosystem - a fully-backed stablecoin that aims to become a cross-chain unit of account that fulfills the demand for cross-chain liquidity in DeFi.
New Pool Metrics
- Pair: CUSD - BUSD
- Total rewards: 25,000 C98
- Tentative duration: one month from 20h00 (UTC+7) Sept 19 to 20h00 (UTC+7) Oct 19
To celebrate the official launching of @Coin98Dollar on #Baryon, we're thrilled to host $CUSD - $BUSD Farming Pool🥂
— Baryon Network (@BaryonNetwork) September 19, 2022
🎁Total Rewards: 2️⃣5️⃣,0️⃣0️⃣0️⃣ #C98
📅1 month from 8pm (UTC+7) Sept 19th
🚜4 hours left to meet you here: https://t.co/xe1TgKCy5D
📌More: https://t.co/nq4uRLjjNk pic.twitter.com/Qzdzru5hRh
Ouro Trading Competition Winner Announcement
Baryon Network is excited to announce the Ouro Trading Competition event winners from September 2 to September 15, 2022. The time to meet our winners has come.
Please check out the detailed blog about the winner annoucement: https://blog.baryon.network/ouro-trading-competition-winner-announcement/
On-going Events
Baryon users absolutely get more excited when it comes to Earnings on our platform. Many juicy awards are awaited, prepare for greater value and opportunity!
$AURA - $BUSD Farming Pool
- 🎁 Total rewards: 750,000 AURA
- ⏳ Tentative duration: 6 weeks since August 28
Stake $AURA Earn $AURA
- 🎁 Total reward: 250,000 AURA
- ⏳ Tentative duration: 6 weeks from August 27th.
$OGS - $BUSD Farming Pool
- 🎁 Total rewards: 3,000,000 OGS
- ⏳ Tentative duration: August 26th - September 26th, 2022
Stake $OGS Earn $OGS
- 🎁 Total reward: 1,200,000 OGS
- ⏳ Tentative duration: 6 months from September 7th, 2022 - February 7th, 2023.
Closing thoughts
That's all we have achieved so far - the 37th week of 2022. Follow us on Twitter and subscribe to our blog to get the latest news.
For the time being, stay tuned and be excited! See you next week!
About Baryon Network
Baryon Network is a trusted Decentralized Exchange (DEX) dedicated to the BNB Smart Chain with the aim of redefining users' trading experience. We contain three fundamental building blocks: BaryonSwap (AMM), BaryonFarm, and BaryonStake.