Week #64

Aldrin
3 min readNov 11, 2022

Fellow RINegades, Aldrinauts, Explorers, Pioneers, and everyone,
The Week in Review has landed!

Sixty four weeks ago Aldrin was launched. This was a very particular week, but we keep building. What’s been happening…

  • $29,605,742 were traded on our AMM this week.

We’ve seen a +1000% increase in trading volume this week!

You know the math: +Volume = +Rewards for RIN stakers and liquidity providers.

  • Cumulative trading volume.

As of November 3 2022 (inclusive), our cumulative trading volume is $1,801,555,070. $2 billion incoming!

  • RIN staking.

42.23% of RIN circulating supply is currently locked in staking earning passive income with a 16.50% APY.

  • Buzz Wallet.

Yes, you’re seeing Buzz Wallet in a SAGA phone! Although Buzz is a project we’re incubating, we too wonder what does it mean…

  • Important message.

We all know what’s happening with FTX, the crypto space has seen a lot of this lately, and you might be wondering where is this going.

First of all, we can assure you that Aldrin was not affected by the FTX bankruptcy. We are here, we are building and our eyes are mainly focused on the future. Why?

FTX was a CEX, and you know the saying — not your keys, not your coins. We are a DEX, your assets remain with you and you use Aldrin to trade them and they go back to you.

Second, Solana. We are built on Solana, and we’re staying on Solana. Breakpoint was the proof that this ecosystem is full of true builders, innovation and it holds great potential.

As our founder said on our Telegram chat, DeFi is the way to go and this is probably a big opportunity to DeFi protocols like Aldrin to stand out.

Crypto is volatile, everyone knows it, but highs tend to be higher and lows too, so there is a clear uptrend in a long-term vision.

We are looking forward to see what the future will look like!

  • Aldrin Ecosystem.

Speaking about the future, everything you see here is in the works and if you can picture all the synergies you’ll realize what we’re building here.
As we usually say — we’re aiming for the top!

  • Bug fixes, bug fixes.

The best UX/UI is always a priority. The team is constantly looking for little bugs to deliver the best, and only the best to you.

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We would like to tell you everything, but you know we can’t do that. Make sure you stay tuned for more:

See you next week!

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Aldrin’s mission is to simplify DeFi and create powerful tools to help all traders succeed, leading to more equality. aldrin.com