Monthly Recap
Recaps

Progress Recap: A Look At UniFarm in May 2022

Hey UniFarmers!

We’re super excited to share some of the most exciting developments of the last month with you!

Find out more about what we managed to achieve in May 2022.

$UFARM Token Anniversary

$UFARM token became a year old.

Celebrating milestones at UniFarm makes our workplace feel more like family, which creates a happier and more productive team. On May 6, 2022, we marked the successful one year completion of the $UFARM token.

It’s been a long journey with 37 cohorts, onboarding 100+ projects.

We were able to achieve this with the help of our hard-working team of 50 members from 7 different countries, leaving no stones unturned to create a difference.

ENS Domain Support

Our developers did something innovative to welcome you to the identity standard of the decentralized future!

We recently added ENS domain support on UniFarm dApp. Now, users will be able to see their ENS names for the connected wallets in the top right corner.

We also gave 2 people an ENS handle of their choice in a GIVEAWAY.

BitMart Airdrop Distribution

We’re thankful for your love and support that took $UFARM to BitMart exchange.

It’s your valuable vote that was counted. We congratulate everyone who received rewards for their contribution in voting $UFARM.

BullsHit Fellowship Program

Have you got the Web 3.0 vision? Do terms like Blockchain, Cryptocurrency, and Decentralized Finance excite you?

If yes, then our “BullsHit Fellowship Program” is just for you.

This program is a one-stop destination for all crypto explorers to learn new skills and earn crypto bounties for tasks and tutorials.

The BFP is a perfect hybrid of an ambassadorship and a fellowship program, with 40 limited seats from 26 countries.

Note:

  • The choice is determined by how you fill out the form.
  • Possibility of micro-influencers gaining traction.

UniFarm Hackathon (For Internal Team)

UniFarm organized a Hackathon for internal teams.

The idea was to put our creative heads together and bring up innovative solutions that could coincide with the UniFarm and its features.

A total of 8 teams participated in this event and surprised our community with their creative ideas. We were continuously updating UniFarmer’s with the updates.

Only 2 teams could win the prize of $2000 and $1500, respectively for 1st and 2nd positions.

Do We Need To Panic Amid Crypto Crash?

After what happened to Terra last week, it’s evident that a lot of projects in the crypto ecosystem may well not survive the next crypto winter.

But the silver lining of a crypto winter is that it gives the space-time to pull back and identify its own shortcomings, building new safeguards against a future implosion.

What happened to Terra last week was painful, but it was also instructive. The way that the project was built was inherently flawed. Now, the industry knows a different model is needed.

Read this article to learn more about what to expect from this crypto winter. Is it going to be good or bad?

Terra 2.0: The Old & The New

Did you miss the Terra 2.0 mainnet? Don’t worry! We got you covered.

Terra 2.0 mainnet went live on May 28, 2022.

Four groups got airdrops of the new LUNA:

  • pre-attack LUNA
  • pre-attack aUST
  • post-attack LUNA
  • post-attack UST.

The pre-attack snapshot was taken on May 7 and the post-attack snapshot was taken on May 28.

There are at least 10 confirmed Terra 2 projects.

Terra 2 is the heart of the wider Cosmos ecosystem.

Stay tuned for what’s coming in June 2022.


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