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Jul 12 • 5 tweets • 2 min read
1/ Element Finance was a proud sponsor of this year's #ETHNewYork, @ETHGlobal’s premier blockchain hackathon.

Congratulations to the 3 winners who built on top of Element:

Worktree, Chainality, and Live Fluid! 🥇🥈🥉

Let’s take a look at each of the winners…
2/ Best Overall Use of Element Smart Contracts:

Worktree - A tool that automatically creates and deploys a ZK airdrop contract associated with a Github repo.

ethglobal.com/showcase/workt…
3/ Best NFT Derivatives Project:

Chainality - An on-chain NFT rewards royalty derivatives project that rewards users for on-chain actions with derivative NFTs that can be resold on a speculative marketplace.
4/ Best Application of Fixed Rate Primitives:

Live.fluid - A platform that allows users to stream their rent with pooled guarantors to reduce risk to the landlord. The pooled capital is delegated to yield source such as Element to reduce costs.

ethglobal.com/showcase/live-…
5/

A shout out to all the teams that participated in Element’s bounties and thank you to all the projects that have built on us in the past and are supporting the ecosystem!
✊🧝✊

If you’re interested in building with us, come join our community!

discord.gg/EEfKmfQdtx

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More from @element_fi

Element Finance Profile picture
Jul 13
1/ As Web3 companies, DAO’s, and protocol operations continue to mature, prioritization on treasury management continues to be an area of focus for the majority.

The most common question being, "How does one get started?"

🧵👇🏻

medium.com/element-financ…
2/ Historical treasury management practices offer a wealth of existing, time-tested experience that the Web3 space can leverage – starting by looking at what has made for good treasury management strategies and practices by existing companies and corporations.
3/ Treasury portfolio construction could be viewed with a deeply academic approach, starting with a clearly defined goals and investment mandate, which outlines a treasury’s purpose and establishes a set of principles.
Read 6 tweets
Element Finance Profile picture
Jul 7
1/ Scalability and privacy have come to Element fixed rates via @aztecnetwork.

L2 scaling has always been one of our most anticipated features. How does it work, and what does it mean for the market? Read on to learn more!
2/ This supercharges fixed rates:
- Lower profitability barrier, regular users can participate
- Privacy & security
- Volatility harvesting on yield rates becomes significantly more efficient

Learn more here:
mirror.xyz/0x3fcAf7DDf64E…
3/ How does it work?

Aztec's bridge contract connects Element's DAI term with Aztec's rollup, enabling users to send their Element fixed rates purchase and redeem txs through Aztec's L2. These txs are batched 3 times per day, reducing gas fees and achieving several things:
Read 7 tweets
Element Finance Profile picture
May 20
1/ We are happy to introduce the Governance Steering Council (GSC) dashboard!

Read on to see what this means for the community governing Element DAO.

mirror.xyz/0x3fcAf7DDf64E…
2/ It allows members of the GSC to:

-Join and formally accept their role in the GSC
-Push proposals to an on-chain vote (bypassing the off-chain sentiment poll)
-Vote on proposals
-Leave the GSC voluntarily
-Kick other members that have fallen under the current threshold
3/ It allows members of the Element community to:

-View GSC eligibility
-View activity and hold GSC members accountable
-Track the GSC members voting power
-View a list of “Rising Delegates”
-Kick members that have fallen under the current threshold
Read 4 tweets
Element Finance Profile picture
Feb 17
Join us at Schelling Point for @wjvill's talk 15 minutes from now, or watch it online at the link below 🚀

CaN't BuiLd CoMMuNiTy: Building in DeFi from the inside out

twitch.tv/schellingpoint…
@wjvill Live now!

Check out @wjvill’s talk at @gitcoin’s Schelling Point in the link below🔥

twitch.tv/schellingpoint… Image
Building Community is about:

-Sophistication
-Inviting Early Believers
-Hiring Well
-Having an Additive, not Extractive Mindset
-Incentivising Community
Read 12 tweets
Element Finance Profile picture
Dec 16, 2021
1/ Element Finance is in the process of integrating our markets with @GearboxProtocol. In the meantime, our LPers have been whitelisted for Gearbox Protocol’s Credit Account Mining program! What does this mean for Element's community? Read on to learn more 👇
2/ Gearbox allows users to borrow up to 5x of their initial deposit and use these borrowed funds as their assets across different DeFi platforms.
3/ Once Gearbox integrates our products, Element users will be able to take larger Fixed Rate positions, stack up more Yield Tokens, or implement their favorite Element strategies with the added size of Gearbox-borrowed funds!
Read 5 tweets
Element Finance Profile picture
Dec 16, 2021
1/ We’re excited to announce that L2 scaling is coming to Element through @aztecnetwork!

Lower gas costs have been one of the most awaited features by the Element community, and we’ve chosen Aztec as our first exploration into L2 scaling solutions.

medium.com/element-financ…
2/ Element transactions with Aztec will be batched into rollups that will be scheduled to run based on the relative demand per asset. This means that as demand grows, batches will run more frequently and become larger resulting in cheaper gas costs per transaction.
3/ After careful analysis, we’ve come to the conclusion that the integration with Aztec Network could bring gas savings ranging from 6x to 40x on average, depending on the specific term and asset.
Read 8 tweets

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