Redacted Files #13
Happy New Year everyone! Welcome to the first edition of the Redacted Files in 2023.
We are happy to be here together. With the ecosystem taking a well earned break over the holidays, it felt good to be in connection with the humans that make this all possible, and the ones we may be doing this all for. It also, however, feels good to get back to it and pursue those New Year's resolutions and goals for the upcoming year. The team at Redacted has been hard at it, and in this edition, we cover it all.
Merch
BTRFLY TEE by Redacted
Drop 1 / ███. Redacted's first drop of 2023 is here. Bring in the new year the ██████ way.
MetaFactory BTRFLY Tee - By Redacted
The long-awaited merch drop is upon us! Take a look at this amazing limited-edition Redacted t-shirt design. Launching from MetaFactory, these high quality shirts will let you share the signal everywhere you go.
rlBTRFLY
Claims are live for the 11th round of rlBTRFLY distributions. The payouts have been steady and consistent, proving the mechanisms work, and can withstand the tests the markets provide. The amount of BTRFLY locked still remains at a bullish 80%, and the team is looking to increase that number moving through 2023. Don't forget to claim your rewards, and relock your BTRFLY to continue to see them into the future on the redacted.finance website.
Hidden Hand
The bribing marketplace has been performing very well. The volume on the platform has been steady for some time now, and it looks to be continuing into the first quarter despite these bearish market times. People describe this as a building phase, and it's great to see there are people here, excited to imagine the future of these technologies.
The focus at launch was to find partners and fulfill an underserved need. The inaugural year of the platform secured some great partners, bribing their various votes and paying out rewards to those taking part. This helped bribers realize their desired outcomes and continue to use the platforms the partners have built. The direction from the team this coming year is going to focus more on building the platform, and building up the existing partners on Hidden Hand to see what this thing can do! Expect some quality of life updates shortly as well. To take part with the latest offerings, head over to Bribes on Hidden Hand.
Pirex
Pirex is now the #1 place to unlock the full potential of your CVX and the numbers prove it. Visit pirex.io to deposit your tokens and to take full advantage of your CVX bags.
Bonds
Over the holidays, the first 2 week bond program was released, and it raised $50k in ETH. This acquisition will be used to provide liquidity in the pxGMX/ETH pool to allow users to enter and exit their pxGMX positions with ease. To find out the latest discount applied to the bonds, bondprotocol.finance is the destination. Take part and help the treasury grow, and receive the juicy discounts on BTRFLY today.
MultiFarm Dashboard
After teasing a preview in the last edition, the new Dashboard from MultiFarm is LIVE. This beautiful design gives all the metrics important to you and the team. As this is an evolving process, the information will be updated as new products go live. If there are any other metrics that you feel would be helpful, please provide some feedback and the team will review. View the dashboard at dashboard.redacted.finance
Dinero
During the last CC, some more info about the incoming Dinero launch was discussed.
TLDR: Soon™. I'm sure it goes without saying, but keep an eye out here, as this will be one of the biggest launches in the crypto ecosystem in 2023.
Watch out for Scams
With the ecosystem in the shape it is in currently, there has been a rise in scams. These rob people out of their privacy, hard earned money and crypto. They are devastating to hear about, and unfortunately the scams keep getting better and more believable, making them even more divisive to the users in the space. This is a reminder that anyone DMing you claiming to be from Redacted is a scammer. No one from Redacted will DM you first.
examples of scams to watch out for:
DMs related to anything, i repeat anything to do with a "Dinero airdrop" , or $DINERO in general
Someone asking you to send your BTRFLY directly to them
Requests to verify your wallet by entering your private keys/seed phrase/recovery phrase on a website
Redirect you to use a website other than redactedcartel.xyz, redacted.finance, hiddenhand.finance or pirex.io to access our ecosystem
Anything with them asking you to go to some sort of “wallet connect” looking site and interact with the prompts.
Discord can be a scary place, and the scams are always evolving. You should never give up your seed phrase/recovery phrase/private keys to anyone EVER. If it seems phishy, it probably is and you should report it and/or verify in the open-support-ticket channel in the Redacted Discord server. Stay Safe!
Governance
GMX
The GMX-BTRFLY swap between Redacted and GMX has been voted on and approved in their community with a Snapshot vote of 99%+ in favor of the swap. This strategic move helps solidify the partnership between the 2 protocols and the swap will help with depth of liquidity in the pxGMX/ETH LP. This is just the first step of many from GMX and Pirex
Community Call on 01/06/23
The first CC of the year was a banger. Head over to the Redacted Official YouTube page and listen in as the team covers the latest updates on everything going on. This all goes down on the #town-hall-stage in the Discord every second Friday at 3pm UTC. These calls are not just updates and jokes as at the end of every call, the team makes an effort to answer all the community's questions asked in the #town-hall-text channel. Friday's call the floor was opened up for questions on Dinero before the info vault closes pre launch, so don't miss out on being at the bleeding edge of Redacted……. See you at the next one!
Baby Butterfly Cartel
The BBC project has been steadily moving forward over the holidays. The PNGs are done and they look awesome! The latest from the team is they are working through some developer updates. Once complete, the project will continue and roll out once all the mechanisms and functionality of the NFT is on point and usable. As with everything that comes out of Redacted, the team wants to make sure all the aspects are of the utmost quality. This is something people have come to expect for the team, and BBC will be no different. Bullish BBC!
Year of the BTRFLY
In case you missed it, please take some time and read the 2023 Year of the BTRFLY Blog post to get a vibe as to where Redacted has come from, and the directions the future will take to see the protocol. This is a bullish read, and if you want to add it to your collection, this North Star article by Kolten is available to mint as an NFT on Optimism.
Important Links - 🐛♻🦋
Snapshot
Contributors: EthHunter, Molecul, Kolten
“Time Flies In BTRFLY”