The Echo Weekly

Echo Mar 22, 2022

Monday 3/22/22

Hello Miners! Hope you are as stoked as us for another issue of our weekly newsletter, The Echo Weekly!

The Echo Weekly is a weekly newsletter where we recap the most recent developments in Concave, while highlighting some of the amazing contributions from the community. Now without further ado, let us get started!


  • Major Crypto News
  • Launch Coming Next Week
  • Frax Partnership AMA -March 28th 11AM EST
  • Concave Mixtape Vol. 2 Release!
  • Team Interview with $igil
  • Concave World Updates
  • Meme of the Week

Major Crypto News

Global regulators monitor crypto use in Ukraine war

Ukraine has also raised more than $100 million in cryptocurrencies after posting appeals on social media for donations for military and humanitarian needs in bitcoin and other digital tokens. Some crypto exchanges have rejected calls to cut off all Russian users, raising concerns that crypto could be used as a way to circumvent sanctions.


Traders Bet on Ether Staking After Eth 2.0 Upgrade

With the merge test run completed successfully, researchers expect the mainnet launch to happen by the end of June. Observers foresee increased institutional adoption once the Eth 2.0 upgrade is complete. Ilan Solot, a partner at the TagusCapital Multi-Strategy Fund is optimistic for the estimates for the post-merge yield   "I'm quite optimistic. Estimates for post-merge yield are at 10% and above. Plus, moving to proof of stake means it's easier for institutions to adopt it since they don't need to defend the energy consumption part of investment argument associated with bitcoin and proof of work coins," Ilan Solot, a partner at the TagusCapital Multi-Strategy Fund.


Bitcoin Slips in Crypto ‘No Man’s Land’

In theory, Bitcoin and its peers should trade independently from mainstream financial markets. However, cryptos have shown themselves this year to be correlated with other risk-sensitive assets, like stocks, and the largest digital assets were lower on Monday in line with equities. Investors fretted over the latest developments in the Russia-Ukraine war.

Launch Coming Next Week

The moment that miners have been waiting for. Our awaited launch is coming soon. We would like to thank our miners for their patience since the beginning. We are ready to show you the culmination of the team's hard work and hope you look forward to it. During the Launch week, we will have many cool events planned, such as our AMA week with our partners so please look forward to it. The launch is nigh, my friends!

Frax Partnership AMA -March 28th 11AM EST

To start off our partnership AMA week, we are excited to announce that we are officially partnered with Frax and we will be having a fruitful AMA where we go over what kind of long term synergies exist between the two protocols and how this partnership will both communities. We will be gathering a list of questions that any miners may have for questions on the partnership. The event will be hosted on Twitter Spaces at March 28th 11AM EST so save the date!

Concave Mixtape Vol. 2 Release!

With the amazing release of our Concave Mixtape Volume 1, our amazing Concave Records team didn't stop. They wanted to continue creating some great music for miners that embodies the WAGMI culture that embody the surfaces of the cave. With their passion and hard work, the Concave Records team are excited to announce Concave Mixtape Volume 2. The Mixtapes continues to show how talented and creative our community is, and we can't stop listening to it. Please give it a listen and show some love; what they have produced is absolutely amazing!

Team Member Interview with $igil

A strong community needs a strong team, and the team has been busy at work getting Concave to be a powerhouse in the DeFi space. We wanted to drop by and have a short interview with $igil, one of the team members of Concave.

What is your background?

I make music under the name “$igil” & went on my first tours doing shows with artists from the Soundcloud scene shortly after graduating high school.  Since then I’ve released over 100 songs & spent a year interning at a recording studio doing audio engineering.   I’m an entrepreneur, and have started & self-operated multiple local businesses.  I have no college degree or plans to get one.

How did you learn about Concave?

I went deep into the caves the first day that the discord opened up, I joined along with my fellow miner Starfoxlaflare.

What are your personal hobbies?

Songwriting and making music are my favorite ways to spend time.  I also enjoy creating with other mediums such as drawing, music videos, & clothing design.  I have a passion for Stoicism and learning about our universe.  I enjoy spending my days around my girlfriend & the ones I love.

How do you envision Concave in the future?

I see the structure of Concave becoming the new model for how communities will function as a unit.  A thriving community working towards goals that mutually benefit all of Concave, while developing constant advancements through stigmergic collaboration.

What is a goal that you would like to achieve?

My main goal is to be a source of inspiration for the world.  I hope to continue to advance my music career, and to become an asset for empowering independent artists with Concave Records.

Concave World

Education Hub Update

More work has been done on our great Education Hub. Education is a primary focus that we are striving to pursue further and in the future, we are looking to host classes workshops in our Concave Town Education Hub. We are always improving our spaces so we hope you tune in regularly to see all the updates!

Meme of the Week

We have some amazing meme creators in our community, and they have been putting in their passion and creativity to create memes that miners can enjoy. One meme that made us chuckle was this meme made by Tre Flip Da Concave Way in the memes channel.

That’s all for this week miners — we hope you enjoyed this week’s issue of the Concave Echo and look forward to bringing you the next one.


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