With Christmas just two weeks away, the Tezos community is brimming with festive spirit—and a new trend that has everyone talking! From the warmth of the season to the cool aesthetic of ice-blue laser eye PFPs, thanks to Mek’s creative tool (wearelocked.in), the Tezos ecosystem is locked in as ever. This fun trend showcases the creativity and unity that helps define the Tezos spirit, even as the network focuses on game-changing developments. One such focus was yesterday's Tezos Town Hall 5, where Liquidity Baking took center stage.
Recap of Tezos Town Hall 5: Liquidity Baking
The fifth Tezos Town Hall brought together a distinguished panel of experts, each offering unique insights into Liquidity Baking and its role in the ecosystem. Arthur Breitman, Co-founder of Tezos, provided strategic context on Liquidity Baking’s significance within the Tezos ecosystem. Kevin Mehrabi, founder of stable.tech, moderated the discussions and explored its potential for creating decentralized liquidity. Roman Schnider, Board Member at the Tezos Foundation, delivered a detailed overview of tzBTC’s integration and its enhanced security features. Dmitry Kovalevskiy, founder of Kord.fi, shared practical opportunities for developers to leverage Liquidity Baking in their projects, highlighting its versatility and impact.
Key Takeaways from the Town Hall
What is Liquidity Baking?
A solution to liquidity challenges in DeFi, Liquidity Baking incentivizes liquidity through a dedicated pool (LBP) pairing XTZ with tzBTC.
It creates decentralized, seamless trading, reducing slippage and improving market efficiency.
This mechanism supports Tezos' DeFi ecosystem by encouraging community-driven governance and sustainable growth.
How It WorksThe panel detailed the technical framework:
tzBTC Integration: Roman Schnider highlighted the improved security and usability in tzBTC 2.0 compared to earlier versions.
LB Token (SIRS): Rewards for liquidity providers are governed by a transparent subsidy mechanism.
A smart contract oversees the Liquidity Baking Pool, ensuring immutable and efficient management of trades.
Impact on Tezos’ EcosystemThe speakers shared real-world impacts Liquidity Baking has had so far:
Boosted liquidity in XTZ markets, attracting DeFi platforms and DEXs to the ecosystem.
Broader adoption by key projects like Youves, which leverage Liquidity Baking for unique functionalities.
Enhanced market depth and economic stability, maintaining a balance between incentives and tokenomics.
What’s Next?The conversation concluded with a look forward:
Protocol enhancements to refine and expand Liquidity Baking’s capabilities.
New use cases in Layer 1 and Layer 2, emphasizing its flexibility in DeFi and beyond.
Adjustments to ensure that liquidity incentives remain sustainable while driving growth.
Catch the Full Broadcast
If you missed the live discussion, you can watch the replay here: Tezos Town Hall 5 on YouTube Tezos Town Hall 5 on X
Liquidity Baking’s evolution underscores the protocol's capacity to adapt and grow in the dynamic world of DeFi, learn more about LB from yesterday’s town hall and start participating today.
Continuing the Momentum: #200tez is Back!
Following the in-depth discussion on Liquidity Baking from the Tezos Town Hall 5, the Tezos community has more to celebrate this week with the return of the highly anticipated #200tez event organized by objkt.com. This initiative shines a spotlight on the boundless creativity within the Tezos ecosystem, bringing artists and collectors together for an engaging celebration of digital art.
The #200tez event, running until December 15th, invites artists to mint and showcase their masterpieces—be it in any medium or theme—on Tezos platforms. It’s a simple yet impactful way to highlight the thriving artistic energy within the community while creating accessible opportunities for collectors.
Here’s how the event works:
Create: Artists design and prepare their unique creations.
Mint: The works are minted on any Tezos-supported platform.
List: Each piece is listed for a total of 200 tez or less, using any combination of edition size and price.
Tag: The hashtag #200tez must be included during the minting process to ensure visibility.
Submit Smartly: To maintain diversity, artists are encouraged to submit no more than three pieces.
Collectors can easily browse and batch collect their favorite works through the event page, streamlining the experience and fostering more connections between creators and admirers.
Artists are stepping up to share their creativity, and collectors are diving in to support and celebrate the talent within the Tezos community. As the event unfolds, it’s already showcasing the remarkable range and depth of artistic expression that makes this community truly unique.
This Week in the Tezos Ecosystem
Tezos x Red Kite: Launching New Opportunities for Web3 Gaming
Shifting into what's happening this week in the Tezos ecosystem, we're kicking things off with some exciting news for blockchain gaming announced by Tezos Foundation. Red Kite, a premier launchpad for Web3 projects, has officially integrated Tezos into their platform, marking a pivotal step for gaming developers looking to tap into Tezos’ capabilities.
This integration brings a wealth of benefits to game developers building on Tezos:
Funding Opportunities: Developers can access milestone-based grants of up to $200,000 to help bring their projects to life.
Marketing Support: Red Kite provides visibility through its robust network of guilds, key opinion leaders (KOLs), and community events, ensuring projects reach their target audience.
Seamless Tech Integration: With Tezos’ advanced tools like the SDK, EVM compatibility, and ultra-low gas fees, game development becomes faster and more efficient—boasting over 1 million transactions per second (TPS).
Eco-Friendly Development: Tezos’ energy-efficient Proof-of-Stake mechanism aligns with sustainability goals, giving developers and players peace of mind about their environmental impact.
Red Kite’s integration with Tezos not only supports individual projects but also enhances the broader ecosystem by making it easier for developers to innovate and launch. For those already building or considering diving into Web3 gaming, this partnership offers the resources and infrastructure to scale in meaningful ways.
Together, Tezos and Red Kite are setting the stage to make it easier for developers to build on Tezos. Check out Red Kite Launchpad and start building your game on Tezos today.
Strengthening the Tezos Ecosystem: Tezos Foundation Supports Raid Square
Continuing the updates in this week's Baking Sheet, we’re spotlighting a new partnership aimed at enhancing security and infrastructure across the Tezos ecosystem. The Tezos Foundation has officially announced its support for Raid Square, a trusted organization dedicated to maintaining and enhancing key Ethereum-to-Tezos bridging infrastructure while building solutions for the broader Tezos community.
Raid Square’s mission is twofold:
Infrastructure Development: By fortifying the bridge between Ethereum and Tezos, Raid Square is driving smoother interoperability, unlocking new opportunities for collaboration and innovation across these networks.
Advocacy for Victims of Crypto Scams: Raid Square has also taken a unique and impactful approach to combating crypto fraud by creating a league dedicated to helping victims. Known as the League for Security in Web3 (LSW3), this initiative brings together OSINT investigators, developers, lawyers, cyber practitioners, and security experts to provide much-needed support and best practices for navigating and addressing crises in the crypto space.
Learn more about Raid Square’s impactful work here: raidsquare.com
Game Spotlight: Athletics Rush - Quick, Fun, and Addictive Racing Action
Shifting our focus to gaming on Tezos, this week’s Game Spotlight is all about Athletics Rush, a hyper-casual game by TapNation that brings quick, fun, and challenging gameplay to your fingertips. Perfect for short breaks or a competitive challenge, Athletics Rush offers a seamless blend of simplicity, excitement, and progression that keeps players coming back for more.
What is Athletics Rush?Athletics Rush is a fast-paced game where you control a track runner navigating through various obstacles, collecting coins, and unlocking power-ups to level up your runner. The gameplay is simple—swipe left or right to dodge obstacles, collect items matching your jersey, and aim to trigger “Rage Mode,” transforming your runner into a sprinting powerhouse.
The game features three distinct modes, each with its own unique mechanics and ending minigames:
Javelin: Dodge obstacles, throw javelins to break barriers, and aim for targets to collect coins.
Pole Vaulting: Gather pole pieces to boost your jump and soar to the podium with precision timing.
Relay: Weave through obstacles, pass the baton to teammates, and tap rapidly to smash through walls at the end.
Why It Stands OutAthletics Rush sets itself apart with its variety of minigames, satisfying mechanics, and a rewarding progression system:
Minigame Variety: Each mode offers a unique style, keeping gameplay fresh and exciting.
Customizable Runners: Unlock outfits and accessories to personalize your character.
Progression with International Locations: As you level up, you unlock new stadiums tied to real-world locations, adding depth to the gameplay.
Play and Earn MiniXTZAdding a Web3 twist, Athletics Rush allows players to earn “MiniXTZ” (0.001 tez) by reaching Level 5 and climbing the leaderboards. Claiming rewards is simple through your Google login, with Kukai wallet integration providing a seamless way to collect your earnings.
Accessible and Balanced AdsWhile ads are a part of the free-to-play experience, Athletics Rush keeps them balanced:
Optional Ads for Rewards: Watch ads to power up, get extra chances, or earn bonus coins.
Limited Forced Ads: Compared to other games, interruptions are minimal and manageable.
Why You’ll Love ItAthletics Rush offers something for everyone, from quick, satisfying gameplay to long-term progression. Whether you’re chasing the top spot on the leaderboard or enjoying the colorful visuals and smooth animations, it’s a game that’s hard to put down.
For an in-depth review of Athletics Rush by our own Blangs aka TezosGaming, check out the full article here: Athletics Rush: The Hyper-Casual Game That’s Perfect for Quick Fun.
🔴 Now Streaming: Artist Spotlight | Jestem Zero
This week on TezTalks Live, we’re joined by Ryan Wrocklage, aka Jestem Zero, a blockchain artist, collector, and innovator pushing the boundaries of Tezos-powered art. Ryan shares his groundbreaking work on zero contracts and the parent/child NFT structure while exploring the present and future of blockchain art.
🌟 Our special guest is Jestem Zero, sharing his creative journey and technical insights into the Tezos art ecosystem.
🔍 In this episode, we'll explore:
Zero Contracts: - Learn how Ryan’s innovative zero contract is redefining the way art is minted and displayed on Tezos.
Parent/Child NFT Structures: - Discover how this concept solves key challenges in the blockchain space and its potential applications.
Tezos Ecosystem: - Hear why Jestem Zero chose Tezos and how its community fosters creativity and innovation in the art world.
Art & Blockchain’s Future: - Ryan reflects on the current state of blockchain art, its challenges, and where the space is headed in 2024 and beyond.
Upcoming Projects: - Get a sneak peek into what’s next for Jestem Zero and his continued exploration of art on the blockchain.
Watch the full episode on YouTube and X
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