Holdstation Weekly Recap: Week 1, Feb 2024
Date: 29th Jan 2024 - 5th Feb 2024
Overview
We've just wrapped up a fantastic week brimming with partnerships and achievements. From the perspectives of both Holdstation and zkSync Era, we've reached a point where we can confidently say we're on the right track. Let's dive into today's weekly wrap-up and explore these exciting developments.
Key Takeaways
- zkSync leads in TPS for the sixth week, showcasing ecosystem dominance.
- Holdstation's participation in zkSync Shark Tank highlights its growth and alignment with zkSync's vision.
- DeFi activities on zkSync returning to peak levels.
- Holdstation surpassed $1 million in fee collection, redistributing 80% to users.
- Launch of high-APY WETH/HOLD farming pool on Mute.
- New Paymaster Alliance with Orbiter Finance and partnership with Veggies Gotchie.
- Upcoming community events including an exclusive NFT release for Holdstation x Velocore, and Valentine's Day giveaway.
And more!
zkSync Ecosystem
For the sixth time, zkSync be able to maintain its dominance in weekly processing activities, leading all L2s in term of Transaction Processing per Second (TPS)
Holdstation recently participated in the zkSync Shark Tank, showcasing our current status, achievements, and future outlook in the evolving zkSync ecosystem. With backing from the zkSync community, Holdstation is excelling in the field, continuously breaking new all-time highs and rolling out exciting updates.
— zkSync (∎, ∆) (@zksync) January 30, 2024
The phrase “ZK is the Endgame” has gone viral on Twitter following a post by zkSync. At Holdstation, we have always understood and embraced this ethos, hoping that our aligned vision will soon become a tangible reality.
ZK streamlines information flow, enhancing performance and security with less costs 🔥
— Holdstation - Account Abstraction Wallet (∎, ∆) (@HoldstationW) February 3, 2024
ZK brings scalable tech, effortlessly breaking through blockchain congestion 🫡
ZK infuses #AccountAbstraction, revolutionizes user experience with smart wallets, one-click… https://t.co/94uTkSJCys
DeFi activities on zkSync are showing signs of improvement, returning to their all-time high levels.
4/ What does all this growth mean for DeFi activity?
— zkSync (∎, ∆) (@zksync) January 31, 2024
Onchain activity is back to all-time highs.
Users are starting to vary their onchain habits as more DeFi primitives come online.
DEX competition is heating up meaning better prices for swappers. The same for lending and… pic.twitter.com/agol3AeU78
Source: Dune
Holdstation Weekly Recap
Weekly stats
Holdstation has just surpassed $1 Million in total fees collected, and we’re given back 80%, over $800K, to our dedicated users. Our stakers are making six-figure incomes thanks to #RealYield.
🔥 #Holdstation DeFutures storms into the $1M fees club
— Holdstation - Account Abstraction Wallet (∎, ∆) (@HoldstationW) February 4, 2024
After just a few months, we've hit the magic ONE MILLION DOLLARS mark in fees collected!
Massive gratitude to our incredible community 🙌
And remember, 80% of these fees are coming right back to our stakers 🫡 pic.twitter.com/lGMTgemUJF
In the past week alone, Holdstation generated over $55,560 in fees. Of this, $HOLD and Vault stakers will share a combined yield of $44,448. This showcases the true power of real yield.
📢 Update: It's been another remarkable week at #Holdstation, with $55,560 in fees generated!
— Holdstation - Account Abstraction Wallet (∎, ∆) (@HoldstationW) February 5, 2024
💰 $HOLD Stakers: $22,224 added to your bag
💰 Vault Stakers: Enjoy a plus $22,224 with your share
That's the power of #RealYield - your grind pays off! 💪 pic.twitter.com/jEoLC9L4rU
Our WETH/HOLD farming pool is now live on Mute. Users can maximize their earnings with an impressive 50% APY, the highest rate available in any Mute pool.
WETH/HOLD farming pool is now live! 🌾
— Holdstation - Account Abstraction Wallet (∎, ∆) (@HoldstationW) February 5, 2024
Maximize your earnings with an impressive 50% APY - the highest on @mute_io.
Dive in here:
▶️ https://t.co/ePleH8OnOw$HOLD $WETH #Holdstation pic.twitter.com/vBPkfGQ3kl
Weekly yield update
USDC vault
- Total USDC Vault APY: 51.49%
- Total Staked: 2,106,592 USDC
HOLD staking vault
- HOLD Staking APY: 86.27%
- TVL: 8,325,408 USDCHOLD
- Staked: 2,190,897 HOLD
- Percent Staked: 58.42%
Partnership Announcement
Holdstation Paymaster Alliance welcomes a major player: Orbiter Finance! This collaboration will integrate the Holdstation Paymaster feature, enabling gas payments in stablecoins on the Orbiter zkSync network. Orbiter joins the ranks alongside SyncSwap, Mute.io, and Velocore, becoming the 4th member of this alliance and bolstering the growth of Holdstation Paymaster on zkSync Era.
🎉 #Holdstation's Paymaster Alliance welcomes a new member: @Orbiter_Finance!
— Holdstation - Account Abstraction Wallet (∎, ∆) (@HoldstationW) January 30, 2024
Our journey to integrate #Paymaster throughout the #zkSync ecosystem has now reached a new height.
For zkSync projects interested in Paymaster and AA integration, we're ready to assist!
📩 DMs are… https://t.co/4oAA1GuJqo pic.twitter.com/rBVjdu7gvj
Holdstation also partners with Veggies Gotchie, embarking on a journey to drive innovation and mutual growth.
🤯AMAZING - NEW STRATEGIC PARTNERSHIP🤝@HoldstationW is now part of our mission to grow the #zkSync ecosystem!
— Veggies Gotchi 🥕 (@veggiesgotchi) January 31, 2024
Driving innovation and growing together: that's the goal! 🎯
⏬INTERACT for more alphas! pic.twitter.com/OuE1PcGMaN
Events and Tasks
Holdstation x Velocore in the Paymaster Revolution. Celebrating Velocore's entry into the Paymaster Alliance, Holdstation is rolling out an exclusive NFT for users to claim in honor of this event.
✨ Dive into the #Paymaster Revolution: Velocore x Holdstation Exclusive NFT!
— Holdstation - Account Abstraction Wallet (∎, ∆) (@HoldstationW) February 1, 2024
To greet new members of #Holdstation's Paymaster Alliance, we're hosting an exclusive giveaway event, venturing into the revolutionary world of Paymasters on #zkSync
🌟 To snag your exclusive #NFT:
•… pic.twitter.com/INfDwAtwE2
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
Join Holdstation's Valentine's Day Epic Giveaway! Participate in the Task for a chance to win a share of $50,000.
💘 Love is in the air, and so are the rewards!
— Holdstation - Account Abstraction Wallet (∎, ∆) (@HoldstationW) February 5, 2024
🌟 Join #Holdstation in the @taskonxyz #ValentinesDay Epic giveaway with a chance to win a share of $50,000!
Don't miss out on the love-filled surprises. Act now and let Cupid guide you to epic rewards! 💖🎁
⬇️Act Now… pic.twitter.com/HOiSVvhmgW
Reminder: The Lunar Clash Trading Contest at Holdstation is heating up! With two weeks down, the competition for the $120,000 prize pool is fierce. Join the largest trading contest of Holdstation before it concludes on March 18th!
Looking Forward
As Holdstation continues to advance within the zkSync ecosystem, the focus remains on maintaining the momentum from these recent achievements and partnerships. The community can look forward to further innovative collaborations, enhanced platform features, and continued excellence in service delivery. With ongoing events and opportunities, Holdstation is set to strengthen its position as a leading player in the DeFi space, providing users with lucrative and engaging experiences.