At Sunder, we are thrilled to communicate that we’ve accomplished our latest milestone, having achieved our full product release in Ethereum’s Kovan test-environment, being one step closer in the development and execution of our vision of making Governance participation and DeFi applicability mutually inclusive when it comes to governance token utilisation.
Features including minting, redemption, staking earnings isolated tokens to earn, providing liquidity, voting with DAO isolated tokens and more are now available to test on Kovan Testnet.
Sunder Protocol is the first framework that allows for utilities of Governance tokens to be mutually inclusive, enabling participants to remain exposed while being able to bear interest via strategies, without sacrificing on voting rights. In this article we will dive into how Sunder users can engage at different levels, depending on their interest. We’ve identified 6unique roles, which users can adopt based on their preferences.
Disclaimer: Sunder Protocol is a work-in-progress protocol and changes could be made along the way when launching on Ethereum Mainnet, depending on development and backtesting. …
The Sunder Liquidity Mining rewards program will go live on 12:00 UTC, June 20th. Mining rewards will follow an epoch system and could be adjusted in the future on a weekly basis. The current rewards are 35,000 Sunder Governance Tokens per week. We will be incentivizing Sunder-ETH Sushiswap liquidity providers. The Sunder-ETH pair is currently traded on Sushiswap. Liquidity providers can stake their LP tokens on the Sunder Liquidity Mining page to be eligible for rewards and these rewards are redeemable once mined.
Step1 Go to the Sushiswap Sunder-ETH liquidity page on the Sushiswap website.
The page will first…
As we’ve released some of the latest updates on the Sunder v0.01 Test-net, this tutorial will guide you through everything you need to know for a smooth experience. Let’s dive in!
In order to try out the current test-net please make sure you have claimed some Kovan ETH and test-net DAI before you start the following, claim Kovan testnet ETH on any of these faucets:
Note: If you do not have Kovan test-net DAI, you can do so via Sushiswap or Uniswap, and exchange Kovan ETH to testnet DAI here: https://app.sushi.com/swap?inputCurrency=0x4F96Fe3b7A6Cf9725f59d353F723c1bDb64CA6Aa&outputCurrency=0x164e8758Ab5E10800ab6eD8Cd42Eb121Dcb69969
In order to start playing…
We are thrilled to release the diverse cap table of venture partners and backers for the Sunder Protocol venture round, sized at $2,000,000.
The stated round has been raised in consideration of value-provision by each participant, at different levels. From builders, profiles deeply-fetched into the DeFi sphere, contributors to industry-leading protocols, community-hackers, all diversified at a global scale between Americas, Europe and Asia.
Each Venture Partner on-board, we are proud to have as part of this journey and have been carefully selected based on an aligned value proposition:
Also, several angel partners with profound hands-on experience in the industry have…
Sunder’s IDO offering is just around the corner. Before we get into the details, we would like to give our community a special thanks. Thank you for your patience and unwavering support over the past few weeks. We’re now less than three days away from the IDO (which will happen on June 9, 2021).
For those who just came across Sunder for the first time:
Sunder Protocol is the first framework that allows for utilities of Governance tokens to be mutually inclusive, enabling participants to remain exposed while being able to bear interest via strategies, without sacrificing on voting rights. By…
Sunder Protocol is the first framework that allows for utilities of Governance tokens to be mutually inclusive, allowing for participants to remain exposed while being able to bear interest via strategies, without sacrificing on voting rights. By exclusively integrating with Sushi Protocol, we’ve enabled a solution under which participants can enjoy both DAO participation and earning yield on governance tokens in an efficient manner, as well as new forms of pricing/speculation over the above-mentioned isolated utilities.
Since inception, self-sovereign protocols serving as financial applications, built on top of distributed environments such as Ethereum have aimed to offer a variety…
Redefining governance & earnings.
With the explosion of yield farming, dexes, derivatives, lending, insurance, wrapped assets etc., DAO governance has never been more important. Voting for integral core protocol changes, execution decisions, product enhancements, and hiring and staffing, are just among some of the elements DAO governance has the ability to oversee.
The current situation for DAO governance at the moment is that the average participation for voting is low. For example, the Compound proposal’s Average voting rate is 14.6% and most of the participants are whales.
Redefining token governance & earnings