Vessel Community Update: Q2 2024

Ahoy, Voyagers!⚓️

In Q2 2024, Vessel forged significant partnerships with several reputable projects in the space. We enhanced the experience of the AMM Pool and User interface. As part of our efforts to cultivate a diverse and engaged community, we have hosted multiple Testnet events and continuously integrated valuable suggestions from our community members. And most importantly, we are ready for the grand Mainnet launch this month!

Exciting Explorations Ahead! We're eager to share our latest community updates with you.

Major News

Following extensive testing and enhancements by our dedicated team and proactive community, we're thrilled to announce the upcoming Mainnet launch in July!

This launch will enable Voyagers to access spot trading, utilize our groundbreaking VAELOB (Verifiable AMM-Embedded Limit Order Book), and engage in the much-anticipated Voyage Incentive Program, promising exciting rewards 🎁.

Vessel’s Eco & Partners

In Q2, Vessel established partnerships with several projects that are reputable and influential in the crypto space, are technically unique, and are aligned with Vessel's vision. These projects are Scroll, Celestia, Axiom, and Radius. Here are some details about these partnerships:

• Vessel’s Mainnet on Scroll: We are excited to announce the upcoming launch of Vessel's Mainnet on Scroll. As the pioneering Zero-Knowledge (ZK) powered decentralized exchange within Scroll's ecosystem, Vessel is poised to redefine the landscape of decentralized exchanges through enhanced security, unmatched efficiency, and complete self-custody.

• Strategic Partnership with Axiom: Our partnership with Axiom focuses on the development of high-performance and secure ZK circuits. Utilizing Axiom’s halo2-lib technology, we are significantly enhancing our circuit-building capabilities, ensuring superior performance and innovation.

• Exploring Modularity with Celestia: Our collaboration with Celestia explores the future potential for modularity and enhanced data availability. Celestia's platform offers permissionless high-throughput data availability, significantly improving security, reliability, and operational efficiency for our users.

• Strategic Alliance with Radius: We have joined forces with Radius, a pioneer in decentralized sequencing technology. This partnership aligns with our long-term objective to offer our community a more secure, efficient, and decentralized trading environment.

Spotlight on Product Enhancements

Optimizing Liquidity with AMM Pool

• Improved Depth and Liquidity: Our AMM Pool feature now offers enhanced depth and liquidity across a variety of pools. Select the pools that best fit your trading strategy and goals.

• Bonus for Your Liquidity💧: Earn extra Vessel Mileage in the Vessel Voyage program by simply contributing liquidity to these pools.

Expect the AMM Pool feature to be operational with our Mainnet launch. Explore the possibilities it offers!

Portfolio for Every Voyager

At Vessel, we prioritize enhancing your trading experience. Our updated Portfolio feature makes navigating the markets as effortless as sailing with a favorable wind—swift, smooth, and efficient.

This feature now includes sections for Spot, LP Positions, Open Orders, and History:

• Enhanced Spot Data Analysis: The Spot section now displays not only estimated values for the last 7 and 30 days but also cumulative PNL data to help you meticulously track your asset trends.

• Multiple Orders? Easy-peasy: Effortlessly manage all your open orders with just a few clicks in the revamped Open Orders section.

• Comprehensive LP Position Tracking: Conveniently monitor your LP positions with enhanced tools on the Portfolio interface.

• Record Your Epic Trades📜: The History section has been expanded to include detailed Order and Trade Histories, available for the past six months, providing you with a broader view of your trading activities.

Sail with Vessel’s Community

Educational BlogsTo deepen the understanding of Vessel's core principles, philosophy, and cutting-edge ZK technology driving our platform, we are launching a series of blog posts. These posts explore diverse facets of Vessel and are regularly updated to reflect the latest developments.

Notable Contributions from Our Community

• Community-Generated Contents: Our community's vibrancy and engagement continue to grow stronger each day. In the last quarter alone, we received a substantial volume of content created by our dedicated community members. These include insightful blog posts, engaging threads, detailed long tweets, and informative Telegram newsletters. Furthermore, we collected a plethora of valuable bug reports and feedback submissions.

• Multi-Language Community Contents: Vessel is becoming multicultural! Thanks to our active contributors@mehdi_ethand@BQ비큐, Vessel now has community content in Persian and Korean! Voyagers who speak these languages can find related content on their social media. We welcome voyagers from any region and culture to create community content for Vessel. Let's make Vessel go global together!

Upcoming Loyalty Program for Our Community

We are thrilled to see our community thrive—vibing, creating content, forging friendships, and exploring the vast possibilities of DeFi. We're excited to soon unveil a Loyalty Program designed to reward all our community members and contributors comprehensively.

Spoiler alert: special reward allocations for Vessel's active community contributors will be announced in this program😉.

Wrapping up#VesselSetSail

• Early Rewards🎁: Vessel’s testnet is wrapping up, and early reward allocations are on the way for those with feedback and those early voyagers who helped build the community. We sincerely thank you for your contribution at such an early stage! For new Voyagers on board, don't worry—more rewards are on the way!

Be sure to join the Vessel Voyage and trade your waves! Follow us on social media for the latest updates and announcements at:

🔹[Website] (https://www.vessel.finance/) 🔹[Trade] (https://trade.vessel.finance/login) 🔹[Twitter] (https://twitter.com/VesselFinance) 🔹[Discord] (https://discord.com/invite/3uzuKt8wn7) 🔹[Telegram] (https://t.me/vesselfinance) 🔹[Gitbook] (https://vesselfinance.gitbook.io/vessel/)