03–14–2023 — Lif3 Update

Lif3
5 min readMar 16, 2023

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Happy Lif3 Tuesday,

After sifting through the wreckage of yet another banking disaster, I find myself even more optimistic about everything the team and I are doing regarding the Lif3 ecosystem. Now is an appropriate time to remember that Lif3 is completely bootstrapped, and we don’t rely on any outside investors to continue building as we have for the last 79 Weeks.

Regarding $USDC and the overall market, although an incredible amount of $USDC was removed from within the system and redeemed or sold for other tokens, and the peg got derailed by about 10%, the recovery was quick, the overall market panicked much less than expected, and we saw a fantastic bounce come Sunday/Monday. These are signs of a maturing market, a dart many naysayers like to throw when talking down about Crypto. The overall response shows strength market-wide and resilience to the FUD spreaders who are overly critical. Now, let’s get on with our Lif3…

Lif3 Trade Analytics:

Lif3 Trade Total Volume is over $50 Million. That’s up $20 Million from this time last week. We broke our Swap trading volume three days in a row and set a new personal record of over $4.7M in Swap Volume in a single day. We also broke our Margin Trading record by posting more than $2.8M in Trading Volume. However, the number that gets everyone excited is the Fees because this is what comes back to the users staking $LIF3 and $LLP. Total Fees are up over $60,000. This is a $20,000 increase from last week. Staking $LIF3 on Lif3 Trade will earn you over 90% APR while staking $LLP will net you a whopping 128%. Remember that the basket of tokens within the LLP help gain exposure for tokens like $BTC and $ETH as well as $FTM and $BOO. With the basket also holding $USDC, you can get exposure to tokens while not feeling the full brunt of a downward move in the market.

Lif3 Trade BNB:

Lif3 Trade BNB is coming, and it’s coming soon. The team is in the testing stage at the moment, and then it comes down to tying up a few loose ends. I still have a few surprises when it comes to Lif3 Trade BNB, but I’ll let a piece of the cat out of the bag right now. There will be more than one LLP on Lif3 Trade BNB. I will reveal the tokens in the Majors LLP, as these should all be expected. LLP will consist of the Top-3 Cryptocurrencies in all of Crypto; $BTC, $ETH, and $BNB. These will be accompanied by two different stables; $BUSD and $USDT. You can begin the bridging and swapping process if you want to get some of the preparations out of the way beforehand.

Lif3 Trade and TradingView:

While the standard version of Lif3 Trade is more than acceptable, I know the traders amongst us really appreciate the ability to add a little Technical Analysis to our trading platform. If you haven’t noticed yet, Lif3 Trade now has the option to switch over to TradingView without needing to leave Lif3 Trade. In the top right-hand corner of the chart window, you will see the options for Standard and TradingView.

Lif3 Trade Leaderboard:

Another feature that I heard from some of you were looking for was a Leaderboard. I’m happy to announce it’s coming in the Super Short-Term. Soon you will be able to see the trading leaders in a multitude of different timespans, and you’ll have the ability to sort by things like Trading Volume, Average Leverage, Wins, Losses, and PnL. After the leaderboard is out, I may need to think about doing some trading competitions.

It’s Time to Spread the Word:

Our community is our most valuable asset. Your feedback and suggestions help shape everything that we build. I’m calling on everyone to help spread the word and welcome new members into our socials with open arms. The new Lif3 Discord is open, and we’ll be implementing some new fun and engaging ways to earn Roles and become beacons of light for new members as they start making their way in. If you haven’t joined Discord yet, you can do so here: https://discord.gg/lif3

The two-week Sprint on Crew3 that ended a few hours ago saw 160 people hop on board and quest their way for a piece of the 20,000 $LIF3 that’s up for grabs. This was an amazing turnout, and many of you came very close. The Top-10 will be awarded some $LIF3, and the mods will handle that in Discord. Congratulations to everyone. Take a breath for now because when Lif3 Trade BNB is out, there will be new Sprints with new Quests.

You can get started with our new Crew3 Quests here: https://crew3.xyz/c/lif3/invite/_ZF08PWRY3rQ1W0n-vqng

EnjoyLif3:

EnjoyLif3 is here, and there are two events happening back to back in Dubai for ETHDubai. EnjoyLif3 will be hosting an evening brunch tomorrow at the Penthouse Dubai Five Palm Jumeirah. The following day there will be another event held at the Dubai Marina, which will play host to some of the main guests and speakers at ETHDubai. The EnjoyLif3 train doesn’t stop there, though. Near the end of April, Consensus will be in Austin, and EnjoyLif3 will be there to host another Networking After Party.

Λ Lif3 in Crypto:

Please enjoy this week’s comic.

ENJOY LIF3!

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Lif3
Lif3

Written by Lif3

Lif3.com is a complete multi-chain DeFi Ecosystem. Brought to you by the same team behind Tomb.com

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