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Holdstation Weekly Recap: Week 1, Apr 2024

Holdstation

• 7 min read
Holdstation Weekly Recap: Week 1, Apr 2024

Date: 2nd Apr 2024 -  9th Apr 2024

Overview

It's been another thrilling week at Holdstation, marked by a flurry of activities, significant achievements, and interactive contests designed to engage and benefit our users. Dive into this week's recap to explore opportunities that best align with your strategy.

Key Takeaways

  • Cat Kingdom Chronicles: The biggest Holdstation Trading Contest yet with over $200,000 in HOLD as the prize pool.
  • Era of Holdstation: A comprehensive report on Holdstation's year-long performance and achievements since its launch on zkSync.
  • Paymaster Alliance Popularity: Users of top-tier DEXs within the Paymaster Alliance increasingly prefer $HOLD over stablecoins.
  • Holdstation x Merlin Chain: initiating the 'An Age of Wizards Begins: Holdstation x Merlin Chain' mega campaign.

And more!

Highlights

Gear Up for Cat Kingdom Chronicles: Holdstation Trading Contest. Get ready to sharpen your claws and unleash your trading fury in the biggest Holdstation Trading Contest ever with a massive Prize Pool of over $200,000 in HOLD.

New project on zkStarter?

The Era of Holdstation - A Relentless zkSync Builder.

A detailed summary of Holdstation performance and achievement throughout the year, from the first time its launch on zkSync.

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Users on top-tier DEXs of Paymaster Alliance on zkSync are increasingly using $HOLD instead of stablecoins.

Holdstation Weekly Recap

Weekly stats

Enhancing the user experience has been a cornerstone of our week, marked by significant reductions in wait times across Holdstation’s services.

In the realm of DeFutures, we celebrated a new all-time high in daily trading volume, reaching $70.3 million.

Weekly trading volume increase of over 55% surpassing $400 million.

Total trading volume breaking the $5 billion mark, underscores Holdstation's growing prominence and user trust in the derivatives market on zkSync.

$HOLD staking APY showcasing competitive returns, illustrate the platform's robustness.

Remember, Holdstation's Paymaster Grant is available for zkSync ecosystem projects seeking Paymaster integration. If you're looking to implement this technology and need funding support, connect us via email support@holdstation.com

Weekly yield update

USDC vault

  • Total USDC Vault APY: 20.04%
  • Total Staked: 3,559,073 USDC

HOLD staking vault

  • HOLD Staking APY: 36.66%
  • TVL: 13,592,382 USDC
  • Staked: 2,288,279 HOLD
  • Percent Staked: 61.02%

Partnership Announcement

'Mission 200K,' a new token-rewarding mission from Layer3, shines the spotlight on Holdstation within the zkSync ecosystem.

The integration of the Merlin network into Holdstation.

the arrival of ZKs Market in the Paymaster Alliance expand Holdstation network’s reach and utility, offer users more flexibility in paying gas fees with $HOLD, along with a 20% discount.

Noteworthy Events

Holdstation first day at Web3 festival in Hong Kong, sharing talk with Michael Lau from Bullish, Lily Z King, and Michael Chen from HashKey Capital on balancing safety with convenience in crypto asset investment.

Holdstation Day 2 at Hong Kong Web3 festival. Our co-founder Trung Banh has shared a discussion with Chainlink Labs and OMOSwap, Scope Protocol, and ThirdFi, members of the Chainlink BUILD community.

Finalized and Ongoing Competitions

initiated the 'An Age of Wizards Begins: Holdstation x Merlin Chain' mega campaign. This event features a total prize pool of $10,000 - spanning MERL, HOLD, and Treasure Chests - across three exciting phases: Integration, TGE, and Swap Competition.

Celebrating the seamless integration of MerlinLayer2 into the Holdstation Wallet, Phase 1 offers participants the opportunity to win from a prize pool of $2,500.

We're currently running a the Era of Holdstation giveaway with a $1,000 USDT prize pool, open to 50 lucky winners.

Zeekwifhat Swap Competition Winners announced. Congratulations to the top 5 swappers! Your rewards will be distributed shortly.

Beany Coin Swap Competition wrapped up. A round of applause for the top 5 swappers who dominated the competition and earned their BEANY rewards.

Enter the ENAUSD Futures Trading Competition for a chance to win a share of the 300 USDC prize pool.

Paymaster Revolutions with Tx Sync x Holdstation is now finished. As this event concludes, we're distributing 2,286 chests to all contributors, celebrating our collective achievements.

Conclusion of New Listings Futures Trading Competition. Congrats to all winners, Your rewards are on their way.

Looking Forward

Holdstation remains dedicated to enriching the zkSync ecosystem with innovative features, engaging competitions, and meaningful partnerships. Our journey towards making blockchain trading more accessible and rewarding continues. Stay connected for future updates and join us in pioneering the next wave of blockchain innovation.

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