Neo News: Week in Review – June 20 – June 26

Neo News: Week in Review – June 20 – June 26

Neo Global Development released the third article in its series entitled 6 Things You Didn’t Know about the Polaris Plus Teams, which explored the stories behind their projects. The third article focuses on Greenfinch, Latchbox, Pumpkin Swap, and Student Data System.


NNT Catch Up

AxLabs joined the Neo Live AMA series to talk about GrantShares, Neo’s fundraising DAO. In the AMA, Muller and Machado discussed the genesis of the GrantShares project, the types of applicants the team would like to see, the application process, transparency in the discussions surrounding proposals, and the future vision for GrantShares. Participants in the AMA shared rewards from a prize pool comprising 10 Neoverse blindbox NFTs.

Three GrantShares proposals are currently active: the hub for NEP-17 tokens, Web3 community – Italy, and creating a free course to serve both as a teaching and marketing tool.


June 21, the Flamingo team announced that it had absorbed the Lyrebird Finance team as part of an IP and talent acquisition. Moving forward, Lyrebird’s reverse USDL stablecoin pool will no longer allow users to swap in (only out). While LRB will continue to be tradable, an LRB Fund has been structured similar to Flamingo’s FLUND. Flamingo will also develop an FUSD stablecoin modeled after MakerDAO’s DAI over-collateralization method.

June 21, Forthewin Network completed the IDO for its NEP token and launched its Swap module on the N3 MainNet. Users can create their own token swap pairs, provide liquidity in return for NFT LP tokens, and farm NEP tokens. The NEP IDO began at 6:00 p.m. (UTC) on June 14 and completed on June 21 at 4:00 p.m. Of the 50 million NEP tokens available at IDO, 3.2 million were sold. The remaining allocation will be included as part of the staking rewards pool.

June 23, Flamingo integrated claim and trade history features on its platform, allowing users to view the previous actions that have been taken on their wallets.

June 23, NGD Enterprise lead John deVadoss joined the Global Blockchain Business Council’s Board of Directors.

June 24, NudesToken announced a meme campaign that will run from June 27 through 30 and offer up to US $10,000 in prizes. To be eligible, memes must focus on specific subject matter. The NudesToken team will release more information regarding the subject matter soon. The votes will be tallied on July 1.

June 24, Flamingo launched a trading competition using the NEP-17 SOMNIUMWAVE token, SOM. A total of 30 million SOM tokens are available as prizes for any participant that trades into or out of SOM. The competition will run for a month, from 10:00 a.m. (UTC) on Friday, June 24, 2022, through the same time on July 22.


June 27: CaaS for Neo3 is joining Neo Live on the official Neo Telegram.

June 28: The Polaris Plus phase of the Polaris Launchpad concludes.

June 30: GhostMarket’s Neo blockchain art competition concludes.

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