October 2024 marked another milestone for DeSyn Protocol with significant technical advancements and impactful marketing campaigns. From platform optimizations and strategic partnerships to significant event participation and community engagement initiatives, DeSyn continues to strengthen its position in the DeFi ecosystem. Below is a detailed overview of our achievements this month.

Technical Updates

Enhanced Fund Management Features:

• Improved fund management tools’ functionality and user experience, enabling users to manage their investments more efficiently.

Mainnet Optimizations:

• Resolved vital performance issues and enhanced system stability, ensuring a smoother and more reliable user experience.

Restaking Product Enhancements:

• Continued development of the Restaking product, integrating better point systems and automating airdrop distributions for seamless rewards.

Multi-Chain Strategy Development:

• Developed and launched various strategies across multiple public blockchains, expanding user options and enabling diversified investment opportunities.

Performance Optimization:

• Improved platform performance by optimizing stability and reducing load times, ensuring faster and more efficient operations.

Enhanced Experience on Safe Multisig Wallets:

• Optimized product functionality to provide users with a smoother, more secure experience leveraging Safe Multisig wallets.

Marketing Updates

Campaigns and Community Engagement:

1. Giveaways:

• Week 4 Giveaway (October 4th): Encouraged participants to answer questions about ETH Restaking Funds and win $DSN tokens.

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• Week 5 Giveaway (October 10th): Celebrated being shortlisted for the Bitlayer Booster Grant Program by expanding the winner pool to 20 participants.

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• DeSyn Protocol x Bitlayer Mining Gala S3 (October 29th): Launched an event allowing users to unlock 500,000 $BTR token boxes and participate in the $500,000 $DSN pool by completing DeSyn tasks.

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2. Event Participation:

• Bitlayer Mining Gala S3 Twitter Space (October 28th): Shared insights on the Treasure Box Battle and the $10M $BTR rewards pool.

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• EP27 of AILayerSpaces (October 31st): Discussed Bitcoin’s Potential for Microtransactions alongside industry leaders.

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3. Voting Campaign:

• veMODE Governance Voting (October 25th): Launched a campaign encouraging users to vote for DeSyn Protocol and earn $OP rewards and bonus $DSN tokens.

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4. Strategic Partnerships:

Partnership with AILayer (October 9th):

• Collaborated with AILayer to unlock innovative Bitcoin Layer 2 solutions powered by AI-driven modular construction.

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Core DAO Integration (October 11th):

• Went live on CoreDAO, leveraging its Bitcoin-backed security and EVM compatibility to create new high-yield opportunities for DeSyn users.

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Bitlayer Booster Grant Success:

• October 16th: Recognized as one of the Top Winners of Bitlayer’s Booster Grants Program, highlighting our innovation and community impact.

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Conclusion

October 2024 demonstrated DeSyn Protocol’s continued commitment to technical excellence and community growth. The Bitlayer Booster Grant recognition, new partnerships with AILayer and Core DAO, and the success of marketing campaigns underscore our progress. We remain focused on expanding our ecosystem, optimizing our platform, and engaging our vibrant community.

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DeSyn Monthly Report #36 was originally published in DeSyn Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.