Big Win!

Teaming up with @ALEXLabBTC to spark a revolution in the #Bitcoin finance world! Get ready for a game-changing collaboration that's set to fuel a decentralized Bitcoin economy.

t.co

#BuildingOnALEX #BildingOnBitcoin!

Quiet doesn't mean idle. 🛠️ ALEX team is deep in the work: 🔍 On-Chain Indexer with One click Peg-In: We're refining a robust solution to enhance security of BRC20 transaction to scale our infrastructure for Bitcoin's unique challenges. 🔄 Rebranding: Beyond aesthetics, we're pivoting to position ALEX as a comprehensive finance layer for the Bitcoin ecosystem, bridging gaps and unlocking potentials previously untapped. Buckle up. The next chapter for @ALEXLabBTC is on the horizon. #AlwaysBuilding #InnovationOnChain #Bitcoin @rachel_alexgo @5eightandeight

For every 1% interest rate hike by the Fed, VC investment declines 25% for up to 3 years. Since March 2022, the Fed hiked 5%................

t.co

🔥 @PythNetwork 's integration with @Stacks is not just a step, but a leap forward for #Bitcoin Finance. ALEX’s AMM & orderbook DEX soon has access to over 300 real-time price feeds from Pyth. Imagine the possibilities! And hint: PERP is on the horizon. 🚀 Let's redefine DeFi with robust, accurate data. #BuildingOnALEX #FinanceOnBitcoin

Saluting the relentless spirit of the Ryder tram. In the face of challenges, the founders @louiseivanvp @MarvinJanssen never wavered. Thrilled to see this!

🚀 Dr. Hsu ( @RuleBasedInvest ) will be representing ALEX at the OFR Talk tomorrow! We’re pioneering the future by crafting a comprehensive finance layer tailored for the #Bitcoin ecosystem. Excited to dive deep and discuss with fellow builders. #BuildingOnALEX

Are Ordinals actually down 97%? 🤔 Yesterday, @DappRadar writer @the_LeticiaMelo published a hit piece on Ordinals with incorrect data. This article was then picked up by @Cointelegraph writer Brian Quarmby, furthering the spread of misinformation. For someone who doesn't know any better, you may think Dapp Radar does thorough research. For others, we've seen Dapp Radar publish incorrect and erroneous information before. Personally, I remember when Dapp Radar launched its Stacks integration in 2022 with a big announcement. ALL the data was wrong. They launched a dashboard ranking the apps with TVLs, active users, etc. and none of the data was correct. It's embarrassing that a website calling itself an authority is willing to launch something with so many errors. Sadly, yesterday's article another example of Dapp Radar publishing incorrect information, likely just to piggyback on a trend. ---------------------------------------- So what did Dapp Radar get wrong? ---------------------------------------- 1⃣ Volume Data is Wrong Dapp Radar claims $452M volume for May and $35M for July. A 92% decrease. Is it correct? No. According to @cryptoslamio volume was $195M for May and $65M for July. Still a significant drop at 66%, I know. But it tells a very different story than Dapp Radar. Looking at CryptoSlam alone, Dapp Radar's numbers are off by around 60% and 100% for May and June. Let's look at another data source. @domodata 's Dune Dashboard for Ordinals Marketplaces has May at $155M and July at $50M. Almost identical to the drop shown by CryptoSlam at 68%. What are the odds? /TO/status/1693299546359480729/photo/1 No doubt the market is down after hype cycle, but as you can see, the severity of the decline according to Dapp Radar is highly inaccurate. Math geeks will know, 92% is a more significant drop than losing 67% and then losing another 67% again. So Dapp Radar's data is not only inaccurate but also highly misleading. /TO/status/1693299546359480729/photo/3 2️⃣ No mention of BRC-20s Dapp Radar's article has no mention of BRC-20s at all. In fact, I'm willing to bet the author has no idea that BRC-20s are part of the Ordinals protocol. Considering that May volume according to Dune was 74% from BRC-20s, I would consider this a significant oversight. /TO/status/1693299546359480729/photo/2 Why? The article compares BRC-20 + Bitcoin NFT volume trends to Ethereum and Polygon NFT volume trends. Any first day analyst on the job would know if you're writing an article about Non-Fungible Tokens, you shouldn't mix in data that doesn't apply. 3️⃣ Comparing the ATH of a hype cycle to a mature ecosystems NOT in a hype cycle makes no sense Quoting Dapp Radar writer Leticia: "Bitcoin Ordinals faced a sharper decline, hinting at possible concerns specific to its platform or the perceived utility of its NFT offering. It’s crucial to understand that while Bitcoin Ordinals brought novelty, Ethereum and Polygon have a longer-standing reputation and wider applications in the NFT world, making them less vulnerable to dramatic market shifts." So this begs the question, has Ethereum NFT volume ever experienced a significant decline in a two month period? YES. Of course it has. According to Dune Analytics: Jan. 2023, ETH volume dropped 49% in March April 2023, ETH volume dropped 77% in June /TO/status/1693299546359480729/photo/4 Drops like what we've seen in Ordinals are nothing new in the hype cycle of NFTs. In fact, it was worse on Ethereum in April 2023. Remember, even Bitcoin dropped from a high of $68,000 to a low of $16,000 a 76% drop during the last cycle. Albeit over a much longer time frame. Volatility should be expected in this space, not something people are shocked by. 🟠Concluding Thoughts Did Ordinals speed-run a hype cycle? Absolutely. Is Ordinals volume down significantly compared to the peak? Yes. Could it go down further? Sure. But so what? The Ordinals market is no different than any other new asset in the space and no different from what we've seen on other NFT ecosystems These things come and go in cycles Many people knew this would happen, and it doesn't change change my conviction on the technology or future of the space Dapp Radar's article is an incorrect and misleading hit piece While I'd like to give them the benefit of the doubt, the magnitude of their errors is unacceptable Especially when they claim to be an authoritative resource in the space We need to hold Dapp Radar to a higher standard And I hope their team reads this and makes the appropriate corrections or clarifications

#UnBanJan Mr. @elonmusk

📢 We never hit the brakes on delivery! ALEX is now seamlessly integrated with @okxweb3 Wallet, @WalletConnect , @hirowallet , and @xverseApp ! Dive into ALEX to Launch, Trade, Stake, and Farm - all on Bitcoin's foundation. We're bridging #BitcoinDeFi to everyone. 🔗https://t.co/3nMnqSfYEg

Fundamentals of crypto 💯 #Bitcoin fiat ALLL day @RuleBasedInvest Host: @TheBitcoinShow_

Pitch with passion and conviction! A little alpha leak: @rachel_alexgo and I are considering investing the standout visionaries and lending our expertise. Bring your A-game, and we might join forces to build. 🚀 #BuildingTheFutureTogether

What is it like to build on Bitcoin? 🗓 Tuesday @ 2 PM EST Tune in as we discuss the challenges, opportunities, and the everyday lives of founders building the future of Bitcoin 👇 Ft. @RuleBasedInvest , @john_ennis_btc , @TO , and more!

Kudos to Bitcoin Frontier Fund's Ordinals Accelerator!🚀 To all the builders out there: the tech startup landscape can be daunting, with around 90% cited to falter. But, I've personally witnessed the accelerator team's dedication. They tirelessly stand by their founders - Even a year after @ALEXLabBTC graduated, their unwavering support continues to make a difference. Don't just be another statistic; with the right mentorship, you can overturn those odds. Dive in & Apply!

🎉 Announcing the winners of our Ready Layer 2 Bitcoin Pitch competition campaign! 🚀 Congratulations to our top 3 innovators who are taking home a share of 8000 $ALEX 🥳 🥇 4000 $ALEX: @Mis_anakari 🥈 2500 $ALEX: @TanZeda 🥉 1500 $ALEX: @Vredrec Thank you all for participating & making this campaign a success! Stay tuned for more opportunities with ALEX. #BitcoinInnovation #ReadyL2 💡

t.co

NEW: Swap $STX and other SIP10 tokens for $ALEX directly in Xverse 🚀🚀 🙌 For a limited time, without transaction fees. Use the Xverse Chrome browser extension (version 0.15.0) 1/🧵

Thrilled to congratulate our partner on successfully closing their seed round! Cheers to innovation and boundless growth! 🥂

🆕 #3RIDGE 신규 이벤트 추가: 알렉스 @ALEXLabBTC 는 비트코인 생태계를 확장시켜 주는 차세대 디파이 애플리케이션입니다. 퀘스트를 통해 알렉스에 대해 자세히 알아보고, $sUSDT 보상도 받아가세요! 보상: 총 500 sUSDT 추첨 인원: 50명 ▶ https://t.co/LQcpNcLxzw……

ALEX shining brightly at the center of Bitcoin DeFi in @MessariCrypto "State of Stacks Q2 2023" report: "ALEX is the substrate for increased ecosystem activity through its AMM DEX, cross-chain bridges, BRC-20 DEX, and other products."

t.co

Highlights: ▶️ALEX’s average daily DEX volume increased 47% QoQ and 564% YTD. ▶️ALEX has firmly established itself as the heart of Stacks DeFi, with 92% TVL dominance as of Q2. ▶️On May 16, TVL set its yearly high of $36M USD (56M $STX). Thank you @redvelvetzip for the thorough research. Our growth is the result of constant building: ETH and BNB bridges as well as #B20byALEX, the first Orderbook on Bitcoin. The value ALEX brings its users made us the DeFi of Bitcoin.

twitter.com

twitter.com

Round 1 of the ALEX Lockdrop Campaign has come to a close. The third and final snapshot was taken at blockheight 69,678. Token distribution to all eligible participants will occur within the next few days. The lockdrop distribution will consist of 10% of ALEX Lab Foundation revenue from between Snapshot 1 and Snapshot 3. At the time of token distribution we will share: - The total amount to be distributed. - Number of eligible participants. - Which tokens will be distributed and why. - Details regarding Lockdrop Round 2. To view your final rewards multiplier please see:

app.alexlab.co

We thank all of our participants and congratulate all eligible recipients!

Hey everyone! ☀️ Whitelist for our Testnet is now LIVE! Please give us a Like and a Retweet and then by all means, head on over directly to put your name down for the next stage of BitFi, our OrderBook will be a game changer for ALEX and for Stacks. We cannot wait to hear your thoughts, squash some bugs and have some fun. 🙂 Try here:

orderbook.alexlab.co

Tweet:

twitter.com

twitter.com

Our CTO Chan sat down with Jake to talk about why building on Bitcoin...

[Newsletter] 🖇 Here’s our second newsletter titled: From “Crypto Winter” to the Bitcoin Economy 🥶 ALEX’s vision is to transform Bitcoin into a productive asset and build on Bitcoin universally inclusive financial services. Everything we’ve achieved to date in rising to #1 project on Stacks, has just been a proof of concept. Where we are going next, with ALEX2 and with the inception of Testnet just weeks away, will realize our true potential in launching the Bitcoin economy. 🚀 Read the full newsletter here: READ HERE

[ALEX Lottery Update] Results for Round #0 👇 The total prize pool was 74,830 $ALEX (8,800 from the ALEX Lab Foundation). 🏆 1st Prize Pool 50%: 2 winners - Wallet SP26W…B25B9 submitted their ticket first and won the BTCMonkeys MM1 #13 NFT - Wallet SPP7k..25642 was the other 1st Prize winner 🏆 2nd Prize Pool 30%: 5 winning tickets 🏆 3rd Prize Pool 20%: 10 winning tickets Total amount of 14,966 $ALEX burned 🔥 Notable mentions 👇 - Wallet SP2V0...V4WD2 won a 2nd and 3rd Prize - Wallet SPB53...43V24 won two 3rd Prizes Congrats to all our winners and a thank you to all participants! —————————— Lottery Round #1 is now currently underway. The lottery drawing will occur at block 67,551 (we're at block 67,278 at the time of this announcement) The NFT prize for this round is generously donated by Crash Punks 👉

discord.gg

$ALEX

Hey everyone, here are all known notable events, features/changes, and updates from the month of June 2022 👋 1️⃣ STX/MIA and STX/NYC trading pair went live on block height 62,876. 2️⃣ Co-Farm with ALEX went live! Read the full details on Co-Farm HERE 3️⃣ 2nd Lockdrop snapshot taken! 4️⃣ Borrow & Lend has just gone live on ALEX! The very first Borrow & Lend will CRP enabled! Read full details HERE 5️⃣ ALEX Lottery has gone live on Block 66,551! Read the full detail HERE 👇 Some press & media shoutouts from June! 👇 1️⃣ Realvision 2️⃣ Spotify [ALEX AND THE FUTURE OF FINANCE] 3️⃣ XVerse tutorial with ALEX ------------------- Check out the Gov Update: HERE

The ALEX Lottery will launch within a few hours of this tweet posting ⌛️ (block 66,551) The NFT prize donated by BTCMonkeys is MM1 #13 and can be staked to generate a daily yield of 2 $SLIME:

mutantstake.bitcoinmonkeys.io

🐒 For lottery details please see ⬇️

bit.ly

We have a new feature shipping out soon....the ALEX Lottery will be launched at block 66,551 (July 4th or 5th) for a limited time: ▶️Verifiable on-chain/off-chain lottery mechanism (similar to the BTC Monkey IDO) ▶️Swap for tickets with $ALEX & $APower ▶️We burn $ALEX with every prize :firezelda: ▶️NFT bonus prizes donated by BTCMonkeys, CrashPunks, Ryder Whitelist and more... Crypto winter doesn't mean we can't have fun! For details please see our recently published Medium article:

medium.com

Everyone, The AMA is starting now on our official Discord! Click here to join:

discord.gg

[New Feature] 🥳 We're proud to announce that Borrow&Lend has just gone live on ALEX 👉

app.alexlab.co

Alexians who have been with us since our Testnet days know that borrow/lend without risk of liquidation has been the "crown jewel" of innovation we've long sought to bring to Bitcoin DeFi. The first pair will be ALEX/atALEX. We know that you all want to use STX and xBTC as collateral, but it's important we first "test flight" the new functionality with a token pair that's deterministically linked in value. You can now submit atALEX as collateral and borrow ALEX that you can use to pursue other opportunities. Please read through our recently published Medium article for instructions, and please post all question to the new #ama-borrow-lend channel so we may answer them. Medium 👉

medium.com

Hey Everyone 👋 The 2nd snapshot has been 📷 📸 ! Check your wallet 💸 Earlier snapshot (Check in Discord) 👉https://discord.com/channels/856358412303990794/892817922014216263/979655577477189633

Hey everyone 👋 We understand how everyone is feeling about the market lately. Rest assured, ALEX will continue building and we will always be here on our journey to be the best DeFi suite on top of Bitcoin. Here are all known notable events, features/changes and updates from the month of May 2022 - Featured on big news outlets and podcasts - The launch of xUSD - ALEX^2 details announced - The first-ever APower allocation to autoALEX holders! - ALEX CRP Simulator goes Live: - The ALEX Governance Forum goes Live:

gov.alexlab.co

- We had NYC vs Miami Step competition together from May 15th till May 31st on Discord - ALEX now works on Mozilla Firefox too. Some press & media shoutouts from May! 👇 Kitco news: Bitcoin's utility just expanded; Can blockchain banks be the next Goldman Sachs? Chiente Hsu - YouTube (463K Subs) Bloomberg Radio (from 21st minute): ‎Bloomberg Businessweek: Elon Musk Sows Doubt Over His Twitter Takeover on Apple Podcasts Fortune: Crypto contagion? What Terra's ‘Lehman Bros’ moment means for markets | Fortune See original post here: HERE We will make it together better and wiser. If you need a friend, hop into the Discord and say hi and we will say hi back. 🫂 $ALEX 🚀 💪

[AMA] 🥳 We will be having an AMA later within 6 hours from now to discuss and answer questions regarding how the Co-Farm mechanism works and how you as an LP provider could benefit from Co-Farming! Time 👉 8AM EST / 8PM SGT ⏰ Date 👉 June 10th Join our AMA to learn more! Official Event Link 👉

discord.gg

Introducing Co-Farm with ALEX 🥳 With Co-Farming you will be given the option of taking the unlocked LP tokens to 👇 1️⃣ The $ALEX portion of the LP Token will be delivered in an equivalent amount of AutoALEX to your wallet. 2️⃣ The STX portion of the LP Token will be entered into the STX/ALEX farm, meaning you only provide STX liquidity for 32 cycles. 3️⃣ The ALEX Foundation will provide the $ALEX portion of the STX/ALEX pair. 4️⃣ You will be rewarded the APR of the STX/ALEX yield farm. 5️⃣ Most importantly, the ALEX Foundation will cover all impermanent loss. The remaining half of the STX/ALEX farm reward goes to ALEX Foundation and will be burned (pending a community vote of approval) 🔥 Example 👉 If you commit 100 STX then you will receive the STX/ALEX reward every cycle. At the end of 32 cycles, 100 STX will be returned to your wallet. Full details here 👉

medium.com

Tweet:

twitter.com

Announcement 📢 ALEX is excited to launch STX/MIA and STX/NYC pools at block height 62,876. 🥳 Swap here 👉

app.alexlab.co

Expect to see additional use cases soon from CityCoins as collateral for loans as we grow the ALEX Bitcoin DeFi Suite. $ALEX 🚀 🌕

twitter.com

[ALEX x OKX AMA] A gentle reminder that the OKX x ALEX AMA is going live soon in an hour and half! 🚨 Time 👉 June 1st, 11AM UTC / 7PM SGT Location 👉

t.me

Stand a chance to win a share of $100 by leaving your best questions within the tweet. OR, get lucky by being the top 10 quiz winners during the end of the AMA! 🥳 Read rules and post question to this tweet 👉

twitter.com

Hey Everyone! 👋 We are currently running a quick user research on where and what we should put on focus. Here's what we are trying to do, we are looking to develop the best "wrapping" solutions on ALEX(cross-chain assets to the Stacks chain). So, to ensure our focus aligns with everyone in our community; Please check out and complete this survey. 🗒 We are giving 10 $ALEX to the first 100 participants, so it's a first-come, first-serve for a quick survey, easy peasy! 💸 Survey Link 👉

shrl.ink

🌉

Hey Everyone 👋 June is coming! And there is no other perfect time to reflect on some of the good things that happened as the ALEX platform grows, all made possible by every Alexians! 🤝 Here are some of cool stuffs we achieved together 👇 1️⃣ Featured on big news outlets and podcasts (View all list here):

discord.com

+

twitter.com

2️⃣ The launch of xUSD:

docs.alexlab.co

3️⃣ ALEX^2 details announced:

bit.ly

4️⃣ The first-ever APower allocation to autoALEX holders! 5️⃣ ALEX CRP Simulator goes Live:

app.alexlab.co

6️⃣ The ALEX Governance Forum goes Live:

gov.alexlab.co

7️⃣ OKX Venture announced AMA event with ALEX:

twitter.com

8️⃣ We had NYC vs Miami Step competition together from May 15th till May 31st on 🚶│team-miami & 🚶│team-nyc on Discord 9️⃣ ALEX now works on Mozilla Firefox too! What a ride for May, now, we keep Buidl-ing together to become the best Bitcoin DeFi suite via Stacks! 🎢 If you are not in ALEX Discord yet, join us here today:

discord.gg

$ALEX 🚀 🌕

[ALEX x OKX AMA] Time 👉 June 1st, 11AM UTC / 7PM SGT Location 👉 t.me/OKXBlockdream Stand a chance to win a share of $100 by leaving your best questions within the tweet. OR, get lucky by being the top 10 quiz winners during the end of the AMA! 🥳 Post question to this tweet 👉

twitter.com

Introducing ALEX Governance Forum! 🏦 As mentioned in the Alexonomics, one of the goals of the ALEX DeFi is Progressive Governance Decentralization, which means the founding team increasingly relinquishes control over time in a steady and gradual steps, providing the community to suggest and make a collective decision on what is best for the ALEX Ecosystem. With the Governance forum's introduction, Alexians can discuss and share ideas among other Alexian in a lengthy discussion format, then open votes on suggestions or IDO listing recommendations, etc. As time goes on with the platform becoming more mature, expect to see more things to be voted on via the governance process. Register an account here today 👉

gov.alexlab.co

📔 Every registration requires manual verification. Please give it some time after registration to access the forum.

The ALEX^2 AMA is starting now! Discord Event link:

discord.gg

[Major Milestone AMA] We will be hosting Super AMA event this Thursday, 7AM EST (7PM HKT) , which is tomorrow where we will be covering about ALEX2, a Major milestone for ALEX and what it means to you. 🚀 Imagine “Goldman Sachs on Bitcoin” only automated, decentralized and lean. 💸 So, buckle up, smash that 'Interest' button on Discord and we will see you tomorrow! 👋 Discord Event link:

discord.gg

twitter.com

[Major Announcement] 🎉 The ALEX journey begins several months back and now we are heading to a new age of Bitcoin DeFi. 👑 Fellow Alexians, this is just the beginning of an exciting DeFi journey that will blow your mind. Why Bitcoin again you ask? Because Bitcoin is the ultimate layer of money, and Stacks makes Bitcoin programmable. 👩‍💻 ALEX1 has proven Bitcoin can be a productive asset. Introducing ALEX2: Building the scalability and user experience necessary to realize the Bitcoin economy. 🚀 Read the full Roadmap 👉

bit.ly

Tweet:

twitter.com

ALEX 🚀 🌕

twitter.com

ALEX Twitter Space! 🐦 🔈 We will be having a Twitter Space event soon where Chiente, Muneeb Ali, Mason and Will will be discussing more about xUSD Stablecoin on Stacks! 🎉 Date 👉 May 5th Time 👉 11:30PM HKT / 11:30AM EST Twitter Space 👉 twitter.com/i/spaces/1mnGedoYNkZKX See you soon, Alexians! 👋

AMA Reminder! ⏰ Stablecoin in Stacks ecosystem via ALEX? Now LIVE in ALEX! Next... it's AMA TIME! 🚀 Time 👉 7:00 PM HKT / 7:00 AM EST Within THREE hours from now, we will be having an AMA with Will from Tokensoft regarding xUSD and it's purpose in the Stacks ecosystem, also covering the launch of xUSD in ALEX DeFi. Book your calendar via Discord 👉

discord.gg