Jedis Biweekly Briefing

Welcome to the 23rd edition of JediSwap's community-led newsletter!

Every two weeks, we compile the following:

• updates from JediSwap

• what's new in the Starknet ecosystem

Don't forget to subscribe; it’s free!

Top highlights from JediSwap in the last two weeks

JediSwap Crosses $10M TVL

JediSwap has just crossed the $10 million TVL milestone, solidifying its leadership position and becoming the first Starknet protocol to achieve such a milestone!

This is a superb accomplishment made possible by the wonderful JediSwap community!

This one has allowed JediSwap to experience a growth of 12.8% since the last edition of this newsletter.

JediSwap is trending at #2 in Gitcoin Grant 18

Following highly successful previous rounds, making JediSwap the project with the highest number of individual donors in Gitcoin's history, JediSwap is participating in this new round. JediSwap has already got $25k in donations from 10k contributors, getting JediSwap in the top 2 projects in the current Gitcoin round.

Donations are particularly crucial for JediSwap, as we are entirely built and owned by the community.

The Gitcoin Grant Round runs from the 15th to the 29th of August. To donate, stock up some ETH and DAI on Optimism and head to the JediSwap page.

Find out more 👇️

Now, you can use JediSwap permissionlessly, using just an email. No more Chrome extensions!

JediSwap has integrated the Argent HQ web wallet, allowing users to interact on JediSwap without downloading a wallet or memorizing a seed phrase! All you need now is an email address.

Become a JediSwap contributor and unlock your full potential

JediSwap's mission is to offer transparent and permissionless DeFi protocols and enable everyone to contribute freely to building these protocols!

To learn more about this vision, we invite you to watch Master Rohit's talk at Starknet CC 👇️

And also this Twitter space between two JediSwap masters and Nurstar 👇️ 

Learn how Cairo unlocks new use cases for crypto for billions of users

One of Starknet's strengths is its choice not to be EVM-compatible, leading to the creation of its proprietary programming language, Cairo. To catch up on this choice and its implications, don't miss our new research article:

"Why StarkWare created Cairo? Why not just use Solidity or a zkEvm for an application?"

What happened in the Starknet ecosystem

Starknet releases the phase 2 of Quantum Leap

Starknet has just rolled out the second phase of Starknet Quantum Leap (affectionately known as 'more tps 👉️👈️'). This introduces not only a significant increase in the network's TPS capacity but also the introduction of fees for failed transactions. This crucial release notably helps prevent DDOS attacks on the network and increases TPS for legitimate users.

Starknet announces its plans to reduce transaction fees by 10x-100x

After enabling Starknet to become the most performant L2 on the market, StarkWare is now focusing on reducing network fees users pay. For an in-depth look at this subject, here's a thread by Starknet_OG explaining their plan 👇️ 

Starknet becomes the most open-sourced L2

StarkWare has recently announced the upcoming open sourcing (August 31) of its STARK prover, Stone, allowing Starknet to have its entire core tech stack open source. A first in the L2 environment enhances the network's security and decentralization.

Starknet Foundation announces onboarding committee to focus on ecosystem growth

The Starknet Foundation recently announced the objectives of its ecosystem onboarding committee, aiming to expand the Starknet ecosystem. One major strategy is the appointment of Starknet's first ambassadors, tasked with organizing events, speaking at events, generating content, and distributing grants to promising projects.

Though the first batch of ambassadors has already been chosen, there will be new additions with time.

Starknet's first appchain ParaDex, launches its testnet

Paradex, a Perp DEX backed by Paradigm and founded by former Bitmex members, has just launched the first testnet version of its project.

This is an exclusive first, as it is the first public testnet on a Starknet appchain! Don't miss this opportunity to make history 👇️ 

Two Starknet OG projects launch their NFT Marketplace with exclusive reward

Dolven, a project incubator, and StarkGuardians, an NFT audit and launchpad protocol, have released their new NFT marketplace on Starknet.

As part of the celebration, you can now mint an NFT to enjoy 0% trading fees on the platform!

More 👇️ 

We hope you enjoyed this issue, and we'll see you in two weeks for a new edition! Don’t forget to subscribe.