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Pike

@pikefinance

73 Following
632 Followers
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Pike
@pikefinance
Mark your calendars! Our bi-weekly Community AMA is happening tomorrow, December 12th at 14:00 UTC Join us as we cover some exciting protocol updates and review our whitepaper for POCA 🦫 https://discord.com/events/984360095326543886/1315732059481833544
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9/9
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@pikefinance
8/ And that's all folks! Remember to check out our Community Dashboard for transcripts and recordings of the Town Hall. https://nutsfinance.notion.site/Town-Hall-2024-12-11-15967c9632cd80508d8ad04533081877?pvs=4
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@pikefinance
7/ And lastly, our vision for our team: We spent the last 7 months restructuring our internal team and processes. We're well-aware of the current market momentum, and we are 100% focused on getting ourselves equipped with the right talents to capture this.
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@pikefinance
6/ Regarding our vision for the product: We believe there's a missing stage between the progression of the current single chain lending/borrowing experience to the cross-chain experience. The new Pike market will address the gaps in that missing stage.
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@pikefinance
5/ Speaking of community, you can't have it without PIU! PIU remains pivotal for community-building, which is why we're planning a relaunch of the platform. The upgraded PIU will involve new a tokenomic design and will serve as a testing ground for new, community-focused ideas.
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4/ We also covered some upcoming community initiatives: Commemorative NFTs: We're introducing these as an alternative to Discord roles for reward tracking. Requirements for the NFT are not confirmed yet, but we'll be targeting Keeper of P participants and Pikenians NFT holders.
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@pikefinance
3/ In terms of team building and organization: We've restructured our departments, focusing on... • A dedicated smart contract team • Rebuilding our dApp product team (UI/UX) • And restructuring the growth and community functions
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@pikefinance
2/ Moving on to the Token Buyback program: Pike has spent $730k of the budgeted $960k, acquiring >51% of the circulating supply. Plans for a second buyback program are being organized for Q1 of 2025, with a budget of up-to $2m.
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@pikefinance
2/ Starting off, we want to reiterate our commitment to financial transparency. Which is why we've released a detailed breakdown of our current cash position, treasury holdings, and monthly operational costs: https://nutsfinance.notion.site/Q4-2024-Financials-15967c9632cd80138d6ada30a0981989?pvs=4
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@pikefinance
We just hosted our first Town Hall, sharing key updates on our progress, financial history, and vision for the future. If you missed the call yesterday, check out this tl;dr for the highlights: 🧵 (1/9)
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5/ This is your time to get updates, ask questions, and understand our plans for the future. We’re here to keep things transparent and meaningful for every P token holder. See you at the Town Hall!
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4/ When & Where? 📅 Date: Tuesday, December 10, 2024 ⏰ Time: 14:00 UTC 📍 Location: Discord https://discord.com/events/984360095326543886/1315709823781961908
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3/ What will we cover? • Financial Updates • P Token Buyback Program • Community Plans • Future Vision
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2/ Why are we doing this? We know that many of you want detailed and transparent information about our project management. This Town Hall is our way of providing that—especially about the P token and long-term vision.
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@pikefinance
Your feedback matters to us. That’s why we’re hosting our first quarterly Town Hall on 12/10/24 @ 14:00 UTC to share important updates and connect with our community. https://discord.com/events/984360095326543886/1315709823781961908 Here's what you need to know (1/5) 👇
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7/ Want to learn more? Check out our blog for the full campaign details: https://mirror.xyz/pikedao.eth/c-G7J-5aprKIy3XaEP9W6mNniP4-lTGKBhfGZOyRLT4
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6/ Incentive Pool (cont.) Each qualified wallet will receive the same amount of token rewards, no matter their presale tier or token purchase amount. Please note: If your wallet has been lost or compromised, there is nothing we can do to assist you.
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5/ Incentive Pool To say thank you, we’re allocating **7.5M P tokens** from our buyback program: - Round 1: 2,500,000 P tokens - Round 2: 5,000,000 P tokens Tokens will be distributed automatically - no signing required!
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@pikefinance
4/ Campaign details (cont.) Round 2 will start after P staking launches in Q2 2025. Details on the snapshot date and distribution will be revealed closer to that time.
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