MONTHLY REPORT — AUGUST 2023
Hi Nusa lover!
As part of our monthly routine, we would like you to know our growth each month. So here are the recap of August 2023 growth:
- Coinfest Asia 2023
Since its inception in 2013, Coinfest has become an eagerly anticipated annual event, drawing leaders, enthusiasts, and crypto aficionados from across the globe. This year, Nusa Finance team had the honor of participating once more in Coinfest Asia, which took place on August 24–25, 2023. Coinfest Asia 2023, hosted by Coinvestasi, set ambitious goals with a target attendance of 3,000 participants representing 50 nations. The event lived up to its promise and was gracefully held on the scenic cliffs of Puri Bhagawan in Jimbaran, Bali.
For more details, you can read the full recap here
- Krystal x Nusa Beach Party at Coinfest Week
In participation of Coinfest Week, Nusa Finance and Krystal Wallet co-hosted a beachside networking event following the first day of Coinfest Asia 2023. This event proved to be a resounding success, gathering enthusiastic Web3 enthusiasts who were eager to further their networking efforts in the pursuit of collectively building the Web3 ecosystem.
For more details, you can read the full recap here
PT. Dasa Kekar Jaya is a provider of construction and building services, specializing in the realm of Facade Architecture, with a particular focus on Aluminum, Glass, and Aluminum Composite Panel applications. In an innovative move, PT Dasa Kekar Jaya has adopted a distinctive strategy to secure the necessary funds for its upcoming project, introducing an NFT project known as ‘Dasa Investment.’ This NFT initiative offers a compelling proposition, promising a 10% return on investment and providing a buyback guarantee within a 6-month timeframe. This opportunity beckons NFT enthusiasts, traders, and astute investors to engage and capitalize on its potential.
- AMA Events
AMA (Ask Me Anything) events present a valuable opportunity to engage with prominent industry figures and subject matter experts, gaining deeper insights into the projects that are shaping the dynamic landscape of the cryptocurrency realm. In the current month, we had the privilege of hosting two AMA sessions featuring distinguished speakers from Lyfe and IDNFT. These events represent a concerted effort to enrich our collective comprehension and foster enhanced communication within the community.
- #NUSAuntukBANGSA Competition
In celebration of Indonesia’s Independence Day, Nusa has organized several competitions, namely:
- Mobile Legends competition
2. Karaoke competition
3. Instagram giveaway
We highly appreciate the enthusiasm of the community members who participated in these activities, see you at our exciting events in the future!
- 900 USDT + 300 NUSA are profit sharing on Governance Program
- 300 NUSA Swap Event rewards
- 100 USDT Telegroup Chat Event
- 2.500 EURT airdrop event collaboration with Indodax and Tether Gold
In the effort to increase NUSA rarity, some portion for protocol’s earning is dedicated to buy back NUSA from the market to be burnt.
- Buy back address: 0xF523cB71F0eB5A4f624fFfBE9CB6B7798987bb5E
Note:
- Buy back amount is 10% of monthly protocol profit
- NUSA burning is done every 3 months
Platform Updates
- New PLM Mechanism
One of the main attractions that Nusa Lending Market offers is the reward program called Platform Liquidity Mining (PLM). The program incentivizes every user in the market with our native token NUSA (and previously TAD) making extra earnings for users or simply compensating the risk of impermanent loss. Now, the PLM program is being continued with the implementation of a halving system.
For more details, you can read the announcement here
- Fixed Lending Market
The fixed rate feature in the Nusa lending market has been launched. Users can utilize this feature to get a cheaper and less volatile option. Nusa has collaborated with IDRX, enabling you to use the Indonesian Rupiah stablecoin to enhance trading performance on the DeFi platform.
For more details, you can read the documentation here
Next Development
- Mobile Apps Testing Page
Nusa has developed a mobile app. We hope this application will make DeFi services more accessible to a wider audience. Currently, the mobile app is in the testing phase to ensure the smooth operation of various features. The Nusa mobile app will be launched soon.
- New Roadmap Plan
As we are nearing Q4, Nusa is in the process of formulating and devising a new strategy for future development. Stay tuned for our best strategies to present a leading DeFi and Web 3.0 platform
— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — —
Follow our journey to provide #Web3ForAll platform!
Telegram Channel • Telegram Group Indonesia • Telegram Group Global • Instagram • Twitter
