Community Update #3

Hi, and hope your Spring is off to a nice start! While the devs are wrapping up some of the Active Yield Fund testing, we thought we’d take a minute to reflect on what we’ve accomplished over the last week or two.

Visibility & Awareness

The STACK token was listed on a variety of token listing platforms, including Messari, Blockfolio, and Coinpaprika. Math Wallet and imToken also listed Stacker Ventures in their Dapp directories, which will increase visibility for the Active Yield Funds.

For those that like to count coins, circulating supply is now featured on CoinGecko.

Nearing $4,000,000 in Venture Fund Hard Commitments

Fund 1 is closing in on $4,000,000 in hard commitments. With over $10,000,000 in total commitments, it is looking likely that Fund 1 reaches its hard commitment cap.

Ramping Up Dealflow

The Stacker Ventures Due Diligence Committee has been actively reviewing a number of deals. After launching our Community Referral Program, we are excited to leverage the combined awareness of our growing community to find and invest in promising blockchain projects.

Venture Fund 1 is able to begin investing around the beginning of May.

Active Yield Fund Development

We’re close! We just received the final third-party audit report for the AYFs. Testing on mainnet is underway as we work to connect up the front-end to the contracts.

ETH, WBTC, and USDC yield funds are planned for launch.

A ton more info can be found in our docs, which now include quite a bit of info on how the Active Yield Funds work.

Newsletter

We added a newsletter signup to the website so you can now keep up with the latest headlines! Sign up at the bottom of our home page.