Aug 10, 2021 2 min read

HoneyDAO Weekly Newsletter - Sunday 8 Aug 2021

HoneyDAO will soon start to incentivise DAO participation. InsureDAO Testnet has launched 🔥, Divergence Testnet will launch soon 🚀 and Thales Olympics Market resolved by Chainlink oracles.

Photo by Dustin Humes / Unsplash

Summary

Insure DAO Incentivized Testnet Launched
Divergence Community Testnet Coming Soon
Thales Olympics Market Resolved
Incentivized Participation

InsureDAO Incentivized Testnet is out!

InsureDAO has launched their incentivized testnet. Currently, over 1500 users have participated in the testnet. Complete their Testnet missions to be eligible for the airdrop after launch!

This is the detail article for the InsureDAO testnet!!https://t.co/Z4CDWS2bAu #DeFi #InsureDAO
— InsureDAO (@insuredao) August 6, 2021

InsureDAO Testnet Launched 🎉

InsureDAO testnet participants are now more than 1500!!
Thank you all!!https://t.co/Z4CDWS2bAu #InsureDAO #DeFi
— InsureDAO (@insuredao) August 8, 2021

InsureDAO crossed 1500 Testnet participants 🙌

Divergence Community Testnet coming soon!

Divergence is the go-to platform for volatility hedging and trading with a focus on blockchain-native asset prices, value of LP tokens, interest rates, DeFi farming & staking rewards. They will be launching their community testnet soon.

We have been working non-stop and cooking some hot shxt during this mini crab market.

Documentation updated ✅
V1 product almost complete ✅
Testnet campaign in design🛠️

We're soon going to invite everyone to join the "Battles", and fight with a Spear or Shield. pic.twitter.com/DvZyN8R3wK
— Divergence (@divergencedefi) August 7, 2021

Divergence Upcoming Testnet and more

Wonder what is a binary call and how is it different from a conventional call? Here's a quick explainer: pic.twitter.com/4kCIE38C6K
— Divergence (@divergencedefi) August 8, 2021

Divergence Explainer 👀

Join Divergence on Telegram - https://t.me/divergenceprotocol

Thales Olympics Market has been resolved by Chainlink oracles

Olympic markets have been resolved by @chainlink oracles ✨

Huge milestone for on-chain sport markets 💪

For those who chose wisely, there's 25 weeks to claim your winning positions 🏅

For those who didn't... better luck next #Olympics (sorry @veryHighLander 😂)

More to come. https://t.co/0XCL3ff6Ve
— Thales (@thalesmarket) August 9, 2021

Thales Olympics Market Resolved 👏

HoneyDAO Participation Incentivization

Previously, RickCrosschain initiated the importance of incentivizing DAO treasury funding and participation through rewards and more. Hai Kukoten expanded on the same by discussing to fund the treasury using future DAO fees.

Rick’s idea - https://hive.honeydao.com/t/selling-honey-and-nfts/256/20
Raising fund for treasury - https://hive.honeydao.com/t/raising-fund-for-treasury/257/9