Snek Week Newsletter
Volume 1, Issue 3
The chillest weekly newsletter about Snek Coin
The Week in Snek
(08/06/2023 to 08/12/2023)
What a week its been a lot of stuff has been happening, as they say Golfy is cooking. This week we’ve added a new feature, we’re going to be including daily raid links. Just remember some of these polls and threads may be closed by the time you read this, but it never hurts to check and see. We’ve also added a section to showcase the weekly raffle prize and its winner (drawn on Thursdays at 14:00). There is also some new stuff in the Things to Do section, so be sure to check that out as well.
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As always, if you’re new to Snek..
Our vision is to create a sustainable and inclusive token on the Cardano blockchain, providing a fun and rewarding experience to our community. We think it is necessary to experiment, innovate, make mistakes, adapt and use the tools available to our advantage. We believe in the power of community as being the most important factor in the success of a project. Our #1 mission will always be to keep our holders happy and entertained in the most transparent and fairest way.
So lets get started with this weeks news..
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Sunday… (08/06/2023)
Today in Snek
Today we learned that there is 40k ADA to be used to buy and burn Snek along with 50m Snek ready to be burnt in the $snekbuyburn wallet.
Raids!
Snek on X (Twitter)
There was no news posted on X (Twitter) today.
Golfy is Typing…
Golfy didn’t have anything to say today.
The Price of Snek
Price Change Since Yesterday: -2.65%
Total Snek Burned: 726,594,685
Total Value Locked: 7.32 Billion
| Currency | Price | 24h Volume |
|---|---|---|
| Cardano | 0.000978 | 404,049 |
| Dollars | $0.000262 | $108,317 |
| Euros | €0.000285 | €118,064 |
Monday… (08/07/2023)
Today in Snek
Pavia announced that they will add a Snek clubhouse to their Metaverse, so now there is another virtual place you can go hang out with your fellow Sneks.
Raids!
Snek on X (Twitter)
There was no news posted on X (Twitter) today.
Golfy is Typing…
Update on 💎︱the-7
LP rewards ~40k ada per month (will move a lot from trading volume) Raffle would give us 5k ADA per week / ~21.7k per month (if we do ~20k ADA prize pool every week – currently 13k with 3 days to go) Staking pool gives us ~850 ADA per epoch / ~5.1k per month Lending gives us ~3.6k per month.
Swap is not generating much but will be a lot better when fully integrated with Changenow (it’s an investement for later) This gives us about 70k ada per month at the moment but we will expand our activities.
Arcade will initially starts with 1 game but we want to add more.
We also want to add more liquidity to Lending when our token price is better. Our goal is to grow from 311k to 1m+ ADA in lending.
The Price of Snek
Price Change Since Yesterday: -1.63%
Total Snek Burned: 726,594,685
Total Value Locked: 7.63 Billion
| Currency | Price | 24h Volume |
|---|---|---|
| Cardano | 0.00096 | 791,597 |
| Dollars | $0.000281 | $232,109 |
| Euros | €0.000257 | €211,820 |
Tuesday… (08/08/2023)
Today in Snek
Last week the Snek Team started loaning out ADA on LenFi to people put Snek up as collateral, and I’m happy to say that people are already paying back some of those loans so the team now has more funds available to fund new loans.
Raids!
Snek on X (Twitter)
There was no news posted on X (Twitter) today.
Golfy is Typing…
We got 2 large loans paid back early. You can follow $snekfinance wallet to view our ongoing loans and see if we have funds to approve new loans.
The Price of Snek
Price Change Since Yesterday: -3.89%
Total Snek Burned: 777,846,777
Total Value Locked: 6.92 Billion
| Currency | Price | 24h Volume |
|---|---|---|
| Cardano | 0.000903 | 1,101,557 |
| Dollars | $0.000265 | $331,658 |
| Euros | €0.000243 | €297,114 |
Wednesday… (08/09/2023)
Today in Snek
Not much happened of note today.
Raids!
Snek on X (Twitter)
Golfy is Typing…
Golfy didn’t have anything to say today.
The Price of Snek
Price Change Since Yesterday: 4.14%
Total Snek Burned: 777,846,777
Total Value Locked: 7.23 Billion
| Currency | Price | 24h Volume |
|---|---|---|
| Cardano | 0.000944 | 517,740 |
| Dollars | $0.000283 | $155,464 |
| Euros | €0.000258 | €141,790 |
Thursday… (08/10/2023)
Today in Snek
You can now check on your points from the Snek Energy pre-sale. To check your points visit snek.energy. Today also saw the first raffle drawing and its first winner as well.
Weekly Raffle
Prize: 20,740 ADA
Winner: CNFT_Hannimal
Enter the raffle at Snek.com
Raids!
Snek on X (Twitter)
There was no news posted on X (Twitter) today.
Golfy is Typing…
Golfy didn’t have anything to say today.
The Price of Snek
Price Change Since Yesterday: -0.86%
Total Snek Burned: 777,846,777
Total Value Locked: 7.27 Billion
| Currency | Price | 24h Volume |
|---|---|---|
| Cardano | 0.000933 | 241,233 |
| Dollars | $0.000278 | $70,113 |
| Euros | €0.000253 | €65,587 |
Friday… (08/11/2023)
Today in Snek
Lending on LenFi remains popular as the total value locked for Snek continues to increase. If you want to put up your Snek as collateral, remember, some loans have been repaid earlier this week so there might be some ADA available to fund your loan request.
Raids!
Snek on X (Twitter)
Golfy is Typing…
Reminder that we are always cooking.
The Price of Snek
Price Change Since Yesterday: -0.7%
Total Snek Burned: 777,846,777
Total Value Locked: 7.67 Billion
| Currency | Price | 24h Volume |
|---|---|---|
| Cardano | 0.000923 | 253,461 |
| Dollars | $0.000273 | $74,960 |
| Euros | €0.000249 | €68,473 |
Saturday… (08/12/2023)
Today in Snek
It’s the weekend so why not relax and play some poker with your fellow Sneks? See the Things to Do section below for more info and how to join the game.
Raids!
mikethainvestor
LBank_Exchange
terr0nznft
Snek on X (Twitter)
Golfy is Typing…
Golfy didn’t have anything to say today.
The Price of Snek
Price Change Since Yesterday: -0.08%
Total Snek Burned: 777,846,777
Total Value Locked: 7.67 Billion
| Currency | Price | 24h Volume |
|---|---|---|
| Cardano | 0.000919 | 367,756 |
| Dollars | $0.000269 | $107,866 |
| Euros | €0.000246 | €98,714 |
Subscribe to Snek Week
If you ssssubsssscribe to the Snek Week Newsletter you’ll get the latesssst isssssue every Sssunday! You won’t have to wait until Wednesssday!
Things to do..
If you’re looking for something fun and Snek related to do, then check out Fidgetybeasts X (Twitter) spaces. They happen pretty consistently about every other day.
Space Pugs has a weekly (Saturday and Sunday) Snek poker game it starts at 5:00pm UTC. There is a 69 ADA buy-in (55 ADA buy-in + 14 ADA entry fee) and the game is hosted by Space Pugs. All entry fees go directly to the $snekbuyburn wallet.
If you would like to play:
- Join the Space Pugs Discord
- After you’ve joined, find and click on the channel “snek-info”
- There you will see full instructions on how to join this weekends games.
- Bounty: eliminate a team member and win 200,000 SNEK
Advertise in Snek Week
The Snek community is a globally diverse group of informed and knowledgeable Cardano supporters. Engage them in conversation about your DeFi, Token or NFT project by capturing their attention with an advertisement in the Snek Week Newsletter. Advertising in Snek Week is an exclusive opportunity as there will only be one ad per issue and each ad will run for 4 issues. Advertising in Snek Week supports the community, we will buy and burn Snek with 25% of our ad revenues.
Snek Week Disclaimer
The Snek Logo may or may not be a Trademark of the official Snek Team and its corporate overlords, but we acknowledge that possibility and respect it along with their copyright to the name “Snek Coin“. Snek Week, the website and its newsletter, are not official products of the Snek Team but are provided as a community service by a 3rd party. Twenty-Five Percent of any proceeds generated from advertising in the Snek Week Newsletter will be used to buy and burn Snek Coin. This newsletter is for entertainment purposes only and is not financial advice.