Monthly Recap #16 - November 2023

November in the enterverse has been packed with ENTER protocol updates and exciting announcements. From DAO vote delegation to art contests, this month’s recap will keep you up to speed on all things enter.

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@enter.artPUBLISHED 30TH NOVEMBER 2023

Dear frens of the enterverse, 

The past month has been one for the history books in the entire crypto space, with both exciting and shocking announcements shooting left and right, and the bullish vibes returning stronger than we’ve seen in what feels like an eternity. Everyone keeping tabs on the enterNFT communities has also picked up on a good chunk of announcements leading us closer to the full ENTER protocol than ever before; The Symbiosis is coming together one announcement at a time. 

With the rise of the market, we’re seeing an influx of old and new holders come around, and a lot of you are wondering what’s currently going on in the enterNFT ecosystem. To ensure that every holder, creator, and collector is up to speed without having to scramble through timelines and chats, we’ve compiled all things enter from November in this Monthly Recap as we’ve done monthly for the last 15 months. 

We can also highly encourage everyone to take a trip down the archive if you haven’t been around for a while - there are plenty of juicy details in each Monthly Recap and the “Project Symbiosis” announcement articles you can find in “News From The Enterverse” here on enter.blog.

Now, let’s brush up on the details for November as we gear up for the final month in 2023. This journey is just getting started! 

ENTER Protocol Updates

November was swiftly kicked off with a long-form post on X, preparing us all for the upcoming releases, and laying the groundwork for the full ENTER protocol launch.

In short, the ENTER protocol is a vesting and yield-boosting system that allows the enter community to participate in governance and receive emissions of $ENTER from designated gauges and pools. The protocol aims to unite all participants in the enterNFT ecosystem in a common framework, built to incentivize marketplace growth and community engagement through a full-fledged governance protocol. 

We introduced the project, then referred to as “Project Symbiosis”, back in June, and we’ve since been focusing solely on building a strong foundation for the success of the protocol. Find the full whitepaper here, and a little sneak peek of the incoming reward portal in the attached tweet below:

This month we had the pleasure of rolling out the enter governance forum, governance.enternft.io, designed to create a transparent and efficient governance experience. In the forum, you’ll find a designated space for deliberation, discussion, voting, and consensus checks.

The first proposal is already in, and we’d love to encourage everyone to take the opportunity to be a part of influencing the enterNFT ecosystem in a healthy direction in the following months and years.

DAO Applications for ENTER Vote Delegation

To kickstart the protocol and ensure a broad group of participants in the governance process, enter will delegate a portion of our own voting power to a selection of DAOs. On November 7 we had the pleasure of extending a warm invitation to DAOs to apply for vote delegation. Find all details and the application form in the announcement article: DAOs Can Now Apply For ENTER Vote Delegation

Token Updates

$ENTER, the governance and reward token of our ecosystem, has seen several exciting updates since its launch in September, and this month has been no exception. The token was rolled out on Avalanche on Nov 13 and is now available for trading on BNB Chain, Ethereum, and Avalanche. 

The contract address is the same across all three chains, and you can swiftly bridge it to your desired chain through our new bridge over at bridge.enter.art. The token can be traded on Traderjoexyz (Avalanche), Uniswap (Ethereum) and Pancakeswap (BNB Chain). Speaking of bridges, we’re also excited to soon introduce $NFTART to the bridge, so that you can easily bridge the two tokens of the ecosystem on the same bridge. 

Contract address: 0x5bc4E94CE63c5470515Cbddc903F813580A2A08d

This month we also introduced a new mechanic to $ENTER: Monthly token burns. As you may have noticed, the enter bridge has a 1% transaction fee on all transactions made through the bridge. The fee accumulated will be burned monthly to curb inflation. This time around, 1227 $ENTER was burned out of circulation. 

$ENTER was also updated on Etherscan this month, with logo, links, and price, and can now be traced on block explorers across all three chains. On that note, $ENTER also made a run on Dextools this month, reaching second on Daily Gainers on November 21.

$ENTER Quest

To celebrate the recent releases and spread the word of the ENTER protocol, we launched a new quest campaign this month, that will run for 14 days total. Jump on board to learn the ropes of the protocol, spread the word, and have some fun while competing for the top prizes: $ENTER tokens, merch, and Discord nitro are all up for grabs!

Art Highlights & Contest

Let’s not forget the foundation we’re all standing on, the amazing art and artists lighting up our ecosystem every single day. We have a new contest with the theme “Symmetry in Nature” with $50 worth of $ENTER on the prize table. Here’s a gentle reminder to join in, all mediums are welcome! Find this month's art highlights below. 

Bilde 07.11.2020, 14 54 18 (1).jpg

HALF B&W III

Bilde 07.11.2020, 14 54 18 (1).jpg

Facing The Beast

Bilde 07.11.2020, 14 54 18 (1).jpg

Beaver Bros: Guru (unique)

Bilde 07.11.2020, 14 54 18 (1).jpg

Heart or Head

Bilde 07.11.2020, 14 54 18 (1).jpg

Nocturnal Marshmallow

Bilde 07.11.2020, 14 54 18 (1).jpg

Dotman - The Red Edition #011

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