Davos Protocol's Header Image

Davos Monthly Highlights – July 2024

Share on XShare on TelegramCopy Link
July 31, 2024
Recaps

unnamed.png

July has been a dynamic month for our team, as we’ve worked diligently on various product launches, impactful integrations, and active participation in major industry events like the Ethereum Community Conference - ETHcc.

Davos has taken significant steps in boosting our stablecoin's functionality and broadening our engagement within the decentralized finance (DeFi) community. Here is a detailed list of all the major milestones achieved in July 2024.

Product Updates

Bridging DUSD Across Networks

We're delighted to share that DUSD's bridging capabilities have expanded to include XLayer, Mantle, and Blast. This update lays the path for future integrations and increased usability across numerous Layer 2 solutions, dramatically expanding our reach and DUSD's capability.

By enabling these bridges, Davos users may smoothly transfer DUSD between different networks, allowing for more flexible and comprehensive DeFi strategies.

-> Explore our new bridging capabilities here today!

Dark Mode on dApp

In response to community feedback, we have introduced a Dark Mode on our decentralized application (dApp).

unnamed.png Davos dApp Dark themed UI (Source)

-> Try it out now by clicking on the moon in the top right corner of our dApp.

Events

ETH Community Conference - ETHcc

We were thrilled to attend ETHcc, where we discussed the future of decentralized finance and connected with the Ethereum DeFi community. Our presence at ETHcc helped to raise Davos' brand recognition and establish professional ties with key figures and players in the Ethereum ecosystem.

- BTC Summit @ ETHcc

The BTC Summit, another side event at ETHcc, was a fantastic opportunity for networking and discussing the future of Bitcoin and DeFi. Our team engaged with the community, expanding our professional network and exploring new collaboration opportunities.

- LRTfi Summer @ ETHcc

Our co-founder, Filipe Gonçalves, spoke at LRTfi Summer, a side event at ETHcc, where he discussed how Davos leverages yield-generating assets as collateral in our stablecoin protocol. This event provided an excellent platform for forging connections and sharing insights about mitigating risks in restaking and how our DVT fits into the landscape.

A special thanks to Staking Circle for hosting both these events. Check out some of the highlights:

-> BTC Summit Highlights

-> LRTfi panel with our Co-Founder, Filipe Gonçalves

unnamed.png

New Collateral Options

weETH Live on Mode

weETH is now accepted as collateral on Mode, opening up new avenues for DUSD minting and consequent earning potential through our protocol.

This addition marks a pivotal expansion in our collateral options, enabling users to leverage Ethereum-based assets to further their investment strategies, become eligible for additional financial opportunities, and improve protocol liquidity.

-> Leverage weETH on Mode now

unnamed.png weETH Collateral Type option on the Davos dApp (Source)

DeFi Integrations

Listing on Quick Swap

This month, we celebrated DUSD being officially whitelisted on the QuickSwap exchange on Polygon PoS and XLayer networks, boosting liquidity and trading opportunities.

-> Learn More About DUSD on QuickSwap

Campaigns

Mode Intract Campaign

Our Mode Intract Campaign has been a hit, offering quests and rewards that have deepened user engagement. If you haven’t joined yet, we encourage every Davos user to take advantage of this ambitious campaign.

-> Join the Mode Intract Campaign

integration on Mode's Airdrop Campaign

Through Davos, you can now participate in Mode's Season 2 Airdrop Campaign which allows users to earn through various activities. This integration provides a dual-reward system where users can earn both Peaks and Mode Points, allowing users to actively engage with both ecosystems. Check out all details on Modes Season 2 Airdrop Campaign:

-> Details on Season 2 Airdrop Campaign

Looking Ahead

As we conclude July, we're energized by our progress and excited about the upcoming developments. Our roadmap includes new features, expanded partnerships, and ongoing community engagement initiatives designed to enhance the user experience and bring more value to our stakeholders.

Stay tuned for what promises to be an exciting path ahead with Davos as we continue to innovate and transform the DeFi landscape.

Climb to the top and explore the best that DeFi has to offer with Davos.

Related Articles

Davos Monthly Highlights - August 2024
Davos Monthly Highlights - September 2024