Community Update #1

Catalyst
2 min readApr 30, 2021

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Thank you, everyone, so much for having jumped into our little community and taken an interest in our project. This is a quick update on our accomplishments, progress, and short-term goals.

Accomplishments for the Week:

Branding: We’ve hired an agency that has helped us immensely to discover our new brand identity. We’re excited to get your feedback once we receive the initial branding guide. The brand should be complete sometime in the middle of next week.

Development: We’re 90% complete with our governance token contract! We also added a Snapshot feature into the token, in case we decide to make airdrops.

Community Engagement: Telegram and Discord are up and running, with more people jumping in every day. We’re still figuring out the best ways to interact with all of you, giving us time to discover our voice. We’ll be releasing different articles and videos weekly to see what works best.

In Progress:

Website: We will complete our website once we have our new brand identity; we didn’t want to put one together only to change it.

GitBook: The GitBook will include documentation with a complete breakdown of our protocol and how it works. We’ve been working diligently on this, but again, this takes time, and we want to understand the implications of everything we do before releasing it to the community.

Tokenomics: This is being worked on along with the gitbook; we know it’s a big deal and don’t want to rush the tokenomics.

Goals:

Website, Gitbook, Tokenomics: To start building up some excitement in our project we want to drop all 3 of these at the same. This gives us more time to work on the gitbook and tokenomics without making changes once the branding is done.

Community Contest: We’ve been tossing around ideas for great ways to engage with the community so why not have some sort of meme contest for our new brand identity! We haven’t figured out prizes but they’ll be good

Smart Contract Development:
Governance- Propose votes, Vote, Execute

Protocol- Option to mint multiple Synthetic Index Tokens from one contract. (Optimistic)

Follow us on Twitter, Telegram, and Discord.

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Catalyst

A Liquidity Protocol enabling price exposure to the NFT market via synthetic derivatives.