The Baking Sheet - Issue #59

over 2.5 million contract calls for the month of July, Tezos Israel experiments with a Baker in a Tesla car.

Welcome to this week’s issue of The Baking Sheet!

As we’re nearing the final stages of activation of protocol upgrade Granada, we’ve been met with another great week of ecosystem-wide news and adoption.

This week’s issue will focus on DeFi within Tezos and the first large-scale collaboration between two of the largest DeFi protocols - Plenty and Bender Labs.

Plenty x Bender Labs

DeFi within the Tezos ecosystem is continuously growing, as enumerated in an article I recently wrote. What’s great about this current setting and trajectory that we’re witnessing is the ability for more higher-level applications to begin to spring up on Tezos.

As we’ve built on this DeFi roadmap of sorts for some time now, in conjunction with protocol upgrades; we’re beginning to witness the seeds get planted for more complex and higher-level applications.

Equally as important, we’re starting to see collaborations take place with other DeFi protocols for the benefit of the Tezos ecosystem at large.

One of those happened earlier this week on Monday when we learned about Bender Labs and Plenty’s collaboration.

The collaboration will see Plenty DeFi creating a $PLENTY pond in which users can stake $PLENTY tokens to earn $WRAP governance tokens as rewards. Simultaneously, Wrap Protocol will create a $WRAP pool on Plenty DeFi, where users can stake $WRAP governance tokens to earn $PLENTY tokens as rewards.

Thinking further, one could say this collaboration represents a cultural attitude within the Tezos ecosystem. As we’ve always been accustomed to measurable deliverables and a general non-hype attitude towards development - so has the atmosphere been within the digital commonwealth.

In other words, what makes Tezos special is not purely just network effects, but the vibrant community who are willing to make their voices heard through governance, or the participation of new project launches. When we think of that aforementioned statement and compound it with the massive growth we’ve witnessed in the short-term for new platforms like youves, it begins to resonate more and find meaning.

Striking further, seeing two of the largest DeFi platforms within the Tezos ecosystem begin to collaborate comes as an attitude we should begin to encourage more of. Collectively, with nearly $40M in total value locked (TVL) between WRAP and Plenty, these come as impressive numbers under a relatively short timespan since inception.

Speaking on the collaboration, Hugo Renaudin of Bender Labs decided to share a few words on the development.

We are very excited to partner with one of the biggest DeFi projects on Tezos. This is a first for Tezos, where we see such collaboration between two of its leaders in DeFi. We're thrilled to see how both of our communities are going to react and hope to create more collaboration projects across the ecosyste

Tezos Israel: Tezos + Tesla = Tezla?

This Week in the Tezos Ecosystem

This is the final week for submissions on who you think deserves recognition and tez for their contributions to the Tezos ecosystem. There is up to 5000 tez available for the Tezos community with all different ranges of skills and contributions.

Tezos Commons is excited to announce a new program aimed to provide funding towards projects built by the broad and diverse Tezos community. One of the biggest strengths of the Tezos community is the…

Read the full report by ECB

Recently, TZ APAC's research and adoption manager, Jacob Pouncey, joined the Blockchain Game Alliance and a panel of blockchain and industry leaders to discuss gaming's brave new world.

New York, New York — July 26, 2021: Bender Labs, the team behind the recently launched Wrap Protocol, is proud to announce an exciting partnership with Plenty DeFi to reward users within the Tezos.

Talao’s team is excited to announce the development of the first Decentralized Self-Sovereign Identity (SSI) solution built on the Tezos blockchain for the Human Resources industry.

Short interview with Mathis Gontier Delaunay

July 22, the ubinetic team has launched their synthetic assets platform youves in beta. Right now, one can issue the stablecoin uUSD or engage in farming and staking of the governance token YOU.

Smartlink, a decentralized escrow smart contract platform built on Tezos, expanded its involvement in the ecosystem by becoming a corporate baker.

This Week in Tezos Development

Version 9.5 of Octez has just been released. This version fixes a bug that could result in a corrupted storage and in assert failure errors. Full changelog and update instructions are available in the version 9 release

$14k+ in prizes to build a sustainable future on Tezos

Learn & discover the use cases of tickets on Tezos

Two stories about reducing gas consumption in Tezos

Now Streaming

Trending on Tezos Agora

Kickflow (formerly TezQF), is a crowdfunding platform on Tezos built on the foundations of Quadratic Funding. As we begin our countdown to the mainnet launch, we are really excited to put out a demo on Granadanet for the…

Soon we will have 2 major context “constants” that will change. blocks per cycle (4096 to 8192) and blocks per snapshot (256 to 512).

This will require payout mechanisms to retool how they determine the level of the r…