Junction's 2nd edition: updates and news

Hey Junction fam,

We’re back with the second edition of our DeFi newsletter! As we continue our mission to simplify cross-chain interactions and make DeFi more accessible, here’s a look at what we’ve been up to and the latest updates from the DeFi world.

Your Feedback on the app

First off, a big THANK YOU to everyone who’s shared their feedback on the Junction app! Your insights have been incredibly helpful in shaping our platform.

Here’s what we’ve heard so far:

• What you love: The intuitive user experience

• What we’re improving: Fast transaction speeds, adding support for more chains

We’re listening and working hard to bring you the best experience possible. If you haven’t already, share your thoughts with us here: 👉 Feedback Form

The past week, we’ve been working hard to add support for more chains. Very soon, you’ll be able to perform cross-ecosystem transactions effortlessly - one step closer to building the ultimate DeFi Junction!

Who knows, maybe by the next edition, we’ll have even more exciting updates to share. Stay tuned! 🚀

What’s new in DeFi (Nov 18-24, 2024)

The DeFi space never slows down! Here are some key highlights from the last week in case you missed any:

• BTC hits $98K: Bitcoin shot up to $98,000, bringing fresh excitement to the market. Are we about to cross the $100K milestone?

• Alt season is here: Altcoins are finally having their moment, with many showing big gains. It’s a good time to keep an eye on those charts!

• Solana’s new record: Solana hit its all-time high this week at $263.83

• Ethena’s total value locked (TVL) has reached a new all-time high again

• Phantom wallet shines: Phantom Wallet climbed to the #2 spot in the U.S. App Store (Utilities). Another step forward for web3 adoption!

• Sky’s USDS launch: Sky (formerly Maker) launched the USDS stablecoin on Solana

Memecoins

• 12-year-old tries to rug QUANT, bags $30K, but community pumps it 71,000% in 6 Hours

• Did you chill like a chill guy this week?

Partner highlights

• Chainflip’s big numbers: Chainflip handled $800M in trading volume last week and is now offering a 14% yield on native BTC

Referrals: in case you missed out

Did you miss our referral program announcement? Don’t worry - we don’t want to end this newsletter without giving you another chance to get rewarded!

Here’s a quick refresher on how you can earn exciting rewards by bringing your friends to the ultimate DeFi Junction:

What are you waiting for? 🚀

Junction app: Alpha access

Have you explored the Junction alpha yet? Start swapping across EVMs and explore the seamless experience we’re building:

👉 Access the app here: Junction App

We’d love to hear what you think! Your feedback helps us improve and get closer to building the ultimate DeFi Junction. Whether it’s about the UI/UX, functionality, or features, every insight matters.

👉 Submit Your Feedback Here: Feedback Form

Plus, don’t forget - feedback makes you eligible for more rewards. 👀 So, dive in, explore, and share your thoughts!

Thanks for being part of the Junction journey! Keep an eye out for upcoming updates, and as always, feel free to reach out with feedback, questions, or just to say hi.

See you at the next junction,
The Junction Team