August 2024 was a significant month of progress for the DeSyn Protocol, marked by the successful deployment of new features and advancements. Our team has continued to work towards refining the platform’s performance and introducing new tools to enhance the overall user experience. Below are the key technical developments from this month.

Technical Updates

Feature Enhancements and Launchpad Deployment

• We have successfully optimized several core platform functions and launched our new Launchpad feature. This new functionality allows users to access new opportunities and explore projects seamlessly through the DeSyn platform.

Deployment of Multiple New Blockchains

• In our commitment to broaden user engagement and accessibility, we’ve deployed multiple new blockchains, including Scroll and Linea, to expand our ecosystem and provide users with more blockchain investment options.

Continuous Restaking Product Optimization

• We have made further optimizations to Restaking products to enhance performance and deliver a better user experience. These improvements aim to maximize returns and provide users with more flexible and secure staking options.

Mainnet Issue Fixes and Optimization

• The mainnet underwent several updates this month, identifying and resolving various issues. These fixes have improved platform stability, ensuring a smoother user experience.

Development and Iteration of New Asset Management Products

• Developing new asset management products is ongoing, with several iterations being introduced to the platform. These products are designed to provide our users with more tailored and diversified investment opportunities.

Marketing Updates

• August 6th, 2024
  Big News: DeSyn launched two low-risk restaking funds, $SOLVBTC, and $DSOLVBTC, on the Merlin chain.

https://x.com/DesynLab/status/1820746639700631795

• August 7th, 2024
  Integration Announcement: DeSyn integrated with zkLink, unlocking new scalability and performance, with upcoming high-reward funds.

https://x.com/DesynLab/status/1821125961930400138

• August 13th, 2024
  XSpace Participation: Participated in a live XSpace event to discuss Mode Season 2 and their upcoming 3x to 5x funds on Mode Network.

https://x.com/DesynLab/status/1823176766225015227

• August 22nd, 2024
  AMA Participation: Joined AMA focused on crypto asset management strategies, where a $600 giveaway was also featured.

https://x.com/DesynLab/status/1825718782729367835

• August 23rd, 2024
  Product Launch: DeSyn launched the dMBTC (MBTC Staking Fund) on the Mode Network, offering 50% — 100% APR and 3x points.

https://x.com/DesynLab/status/1826910782468051449

• August 27th, 2024
  XSpace Participation: DeSyn participated in an exclusive XSpace to discuss upcoming Bitcoin trends and future developments.

https://x.com/btcstartuplab/status/1828172731608711619

• August 29th, 2024
  AILayerSpaces Participation: Joined a discussion on “Innovative Directions in DeFi” during the AILayerSpaces event.

https://x.com/DesynLab/status/1828996915377131871

August 2024 has been a transformative month for DeSyn Protocol, with continuous improvements in functionality, product offerings, and blockchain integrations. As we move into the next month, we remain committed to providing our users with enhanced tools and products to maximize their investment experience in the DeFi space. Stay tuned for more exciting developments!

TELEGRAM| DISCORD | TWITTER | YOUTUBE | ANNOUNCEMENT CHANNEL | WEBSITE| REDDIT | FACEBOOK | MEDIUM | EMAIL

DeSyn Monthly Report #34(August 1st -31st 2024) was originally published in DeSyn Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.