Crescent Network

Thank you Crescent supporters for your dedication. In appreciation, we have an important update for you regarding our strategic transition and FLIP. Please check details at the following blog post: crescentnetwork.medium.com/flip-announcem…

With a heavy heart, we announce that the sunset proposal for Crescent Network has passed. Withdrawal period has been extended to April 15, 2024, for a smooth transition. Sincere thanks to our community for your support. app.crescent.network/gov/294

Governance Proposal: Sunset of Crescent Network is now up for voting. Please read the contents of the proposal and cast your vote: app.crescent.network/gov/294

The Foundation suggests a sunset proposal. We stress decentralization and community decision via governance vote. Formal discussion on Commonwealth: commonwealth.im/crescent-forum… Includes more details including: 1️⃣ Foundation Funds 2️⃣ Clarity on FLIP 3️⃣ Airdrop

Thank you sincerely for your continued support. For more details, please read our full statement on our Medium blog: crescentnetwork.medium.com/proposal-for-t…. This is a time of change, and we're ready to lead with purpose and vision.

7/ This shift opens a new chapter. We're committed to a seamless transition, leveraging our strengths to innovate in the derivatives market.

5/ To our CRE and bCRE holders: an airdrop of $FLIP tokens is planned as a token of gratitude. Your support has been the bedrock of our journey.

4/ After exploring various options for Crescent DEX's future, we've concluded that transitioning away is the most responsible course of action.

3/ We propose sunsetting the Crescent Network Chain. This decision, shaped by market dynamics and our strengths, marks an evolution, not an end.

2/ Our expertise aligns more with the derivatives market. Introducing FLIP, our new focus, extending beyond Cosmos, signifies this strategic pivot.

1/ Crescent Community, we're navigating a pivotal shift. Since our 2022 launch, we've led with innovation. Now, facing a saturated DEX market, we must evolve.

Don't miss out!🔥

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Our mission is to transform the intricacies of DeFi into an engaging adventure for everyone 🚀 How are we making this mission a reality? We've implemented five key ingredients to revolutionize the landscape: 1⃣ Derivatives Factory: Craft derivatives products without the need for coding, making them accessible to all. 2⃣ Trading Items: Escape the mundane 'buy & sell' routine. Your trading experience becomes multi-dimensional, focusing on transitions between various states, enabling you to maximize your own strategy. 3⃣ Gamified UI: Teaming up with a professional gaming studio, we've integrated a top-tier game user interface with a robust DeFi engine behind the scenes. We're pioneering the fusion of options trading and gamification. 4⃣ Short-term Products: Our primary emphasis is on intraday products, finely tuned for short-term gains with minimal slippage costs. 5⃣ Easy Onboarding: Introducing EVM on FLIP, we're dedicated to streamlining the user journey from Ethereum to Cosmos, ensuring a seamless transition. Watch the video below courtesy of @OmniFlixNetwork at @CosmoverseHQ for more insights from our CEO @CrescentHyung! 👇

Onboarding is made easy with FLIP! 🤝 Say goodbye to the complexity of derivatives trading on typical exchanges! We're here to lead you on an exciting voyage through the trading world 👉 flipthebird.io

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The global DeFi market has been predicted to reach a whopping $232.20 billion by 2030 according to @zion_research! 🚀 Meanwhile, @FMI_Research forecasts the web3 gaming market to hit $133.2 billion by 2033. The future is looking bright for FLIP, where we're simplifying the complexities of DeFi into an exciting gaming adventure that can be enjoyed by all! 🔗 Check out the link in our bio to learn more, and don't miss out on the fun – sign up to be the first in the know about exciting updates! 😉

Looking to have fun whilst making quick moves in the market? We've got you covered! Typical exchanges aren't optimized for short-term maturity especially in options, due to significant slippage costs associated with users holding positions for extended periods. FLIP's dedication to short-term products and intraday trading is your secret weapon 👉 flipthebird.io

How are we ushering in the new era of gamified options trading with FLIP? Dive in to find out more about how we're introducing a multi-dimensional trading experience for the courageous, the curious, and the adventurous 👇 The trading game doesn't need an upgrade. It needs to be FLIPPED! We're here to introduce an era where the ethos of decentralization meets the adrenaline of options trading 📈 Since early 2021, options trading has surged in popularity, overshadowing traditional futures trading. However, a void existed, yearning for the essence of Web3 to intertwine with options trading for the true Degens 🫡 FLIP is here to fill the void by providing a DeFi playground for those willing to embrace the future of trading. What Sets FLIP Apart? A Degen’s Playground: FLIP offers a trifecta of fun, alpha, and simplicity - everything a Degen craves but often misses in the traditional Web2 landscape. Gamified Trading UI: Say goodbye to boring, monotonous trading interfaces. FLIP injects every click with excitement, turning trading into a thrilling adventure. Permissionless Creation: Embodying the spirit of decentralization, FLIP champions permissionless product creation, short-term duration products, and seamless onboarding, making it an inclusive platform for all. FLIP has been crafted by the genius minds at @B__Harvest and @CrescentHub, embodying a defiant spirit that challenges conventional trading practices and opens the doors for traders to limitless possibilities ☑️ Want to experience the new era of DeFi trading firsthand? Head over to the link in our bio, sign up to the waitlist, and get ready to FLIP the way you trade! 🔗