Overview
Welcome to the eleventh installment of GYSR monthly! We use this publication to keep the GYSR community and wider crypto-ecosystem up-to-date with GYSR-related news. If you would like more information or are interested in getting involved, please follow our official Twitter account, join our Discord, and take a look at our website.
This newsletter is packed with exciting updates, so we will try to be brief!
Summary
Pool party
Optimism deployment
Milestones
Liquidity update
Webapp releases
Subgraph updates
Core contract updates
EIP-4987
Hiring
Pool party
In the past two months, we have had 55 new pools deployed on the GYSR platform! This includes 5 pools on mainnet, 49 on Polygon, and 1 on Optimism (new – see below!). Of these new pools, 28 were Fountains, 21 were Geysers, and 6 were Aquariums. NFT staking has become an increasingly popular use case on Polygon, with 24 Aquariums now deployed in total since we launched the capability in Q1 of this year.
Node operators have continued to launch GYSR pools for proxy staking on the Baseledger network. Read more in this Unibright spotlight.
Charged Particles has launched a liquidity mining pool, a single asset staking pool, and has even adopted the GYSR Snapshot integration for voting with staked tokens.
Optimism deployment
In late May, we announced that GYSR was expanding its reach once again – the GYSR protocol is officially live on Optimism!
Optimism is a layer 2 optimistic rollup network designed for speed, low cost, and scale. The Optimism network is also growing fast — and builders need tools. We are excited to support the rich community of creators on Optimism and can’t wait to see how our technology is used. See the announcement for more.
Milestones 🎯
In early May, we hit 400 total pools deployed on the GYSR platform. Later in the month, we surpassed 5000 total GYSR users! May was also a big record setting month for protocol fees, with over 70k GYSR in fees collected! (check out the holder pool 👀)
Liquidity provision update
GYSR is officially a user of our own solution with Gelato and Arrakis for zero code Uniswap v3 liquidity mining! We have migrated AMM liquidity on Polygon to Uniswap v3 to increase capital efficiency. We also elected to use this liquidity pattern out of the gate with our new deployment on Optimism. Learn more here.
Webapp releases
Over the past two months, we have rolled out a series of important webapp updates. In early April, we introduced the “pool discovery” release, which greatly improved pool filtering, sorting, and search capabilities. Learn more here.
A few weeks later, we launched another update focused on multi-chain usability, with features like pool deep linking, easier network switching, expanded token metadata/logos, etc.
Finally in May, we deployed another release to reduce friction for new users. One of the key features here is a new “provide liquidity” link, automatically derived for known LP token types.
Subgraph updates
We completed a huge set of updates for the GYSR Subgraph v1.2 release. The upgrade supports our latest progress on the core protocol, new partnerships and integrations, webapp improvements, and more.
With these changes, we have also officially migrated the GYSR subgraph to the decentralized Graph network. More on that exciting move soon.
You can get all the details here.
Core contract updates
In May, we quietly rolled out GYSR Core v2.2. This release included a major upgrade to the pool info libraries, the publication of a new NPM package, and more - all designed to make consumption of the GYSR protocol extremely easy for third party developers. These changes are part of our current focus on integrating GYSR all across the crypto ecosystem.
Learn more here.
EIP-4987
The discussion on a “held token standard”, started and driven by our team, has officially moved to a draft proposal, titled “EIP-4987”. This proposal defines a lightweight interface for contracts to expose functional ownership and balances of held tokens. The goal is to improve interoperability across systems, especially between DeFi + NFT mechanisms.
We would welcome any feedback! You can read more and engage here.
Hiring 🌱
GYSR is growing! We are looking to bring on more contributors for smart contract development, frontend development, biz dev, marketing, and more! We have already brought on a few more folks in the past month for both development and operations (more soon).
If you are interested, please drop us a message! We have a lot of building to do 🛠️
As always, thanks to our community for all the great support, and please feel free to reach out with any feedback, questions, or ideas.
-the GYSR team