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The Baking Sheet - Issue #125

The Baking Sheet - Issue #125
By Tezos Commons • Issue #125 • View online
No drama, keep building

Welcome to this week’s issue of The Baking Sheet!
It’s been a wild week for crypto that has massively impacted the industry and newcomers learning about crypto. The few silver linings is that the best technology paired with decentralization is the clear winner here. Tezos has kept trucking amidst all the chaos and is positioned itself as one of the few that built on the ethos of decentralization and superior tech. How this all unfolds in the coming weeks will be a mystery but one thing we can rely on is Tezos will continue to upgrade, add more users into the ecosystem, mint some of the best art by real artists, and of course hammer out blocks without any interruptions.
In this week’s issue, we’re going to highlight all the building going on with Tezos-based DeFi applications like Youves and Marigold’s upcoming DEX.
It's Time to Build
Amidst all the chaos, Tezos keeps moving along at a rapid pace and will continue to focus on decentralization.
The Youves platform has seen some impressive growth in recent weeks, growing its TVL by 30% in only one month, and showing an increase in both users and activity.
For those unfamiliar with Youves, Youves is a decentralized, self-governing, and non-custodial platform for the creation and management of synthetic assets that are secured by eligible collateral. 
Within the platform, users can become minters by posting and locking eligible collateral in a vault to create new synthetic assets. Similar to the MakerDAO platform, users can borrow dollars in the form of a stable/tracker-coin against collateral they post and lock.
Additionally, we’ve also seen an upcoming DEX get teased by Marigold. This comes shortly after their release of Deku, the first side chain for scaling Tezos which we covered more in depth here
On the topic of scaling Tezos, continued strides are being made towards that with the latest Tezos upgrade that is undergoing voting. We covered Protocol Lima in depth here, in case you’d like to learn more about the upgrade and the efforts being made towards scaling Tezos. 
One could opine Tezos-based DeFi is starting to receive some more attention in light of industry-wide events. Others such as Mason Edwards of the Tezos Foundation offer another interesting perspective on the atmosphere. 
GM tezos. The accepted wisdom was that wide distribution mattered for crypto as an element of decentralization. 2021 seemingly invalidated that idea when assets enjoyed instant successes despite heavy institutional ownership and overhangs. This wisdom may be making a comeback.
How things will play out is still left to be seen, but we can be certain that Tezos is making definitive strides around DeFi and technological development. 
As the storm weathers its course, we’ll surely see the fruits of these labors come to surface. It’s time to build.
This Week in the Tezos Ecosystem
Tezos DeFi Map
It's here! We’re stoked to announce that the @MinteedL App is LIVE 🚀

Check out and browse the very first #CleanNFT collections on Minteed !
Gif Games
We've recently acquired the tech behind a number of casual games, which will be reskinned to match our brand and integrated into the Tezos blockchain in order to use Tezotopia Universe resources as rewards/burn mechanisms.

#tezos #casualgamer #mobilegame
Tezos x Oracle Red Bull Racing
What Are NFTs?
What Are NFTs?
This Week in Tezos Development
Impromptu chat between Zaki Manian (Cosmos et al.) and Arthur Breitman (Tezos)
Impromptu chat between Zaki Manian (Cosmos et al.) and Arthur Breitman (Tezos)
Blockborn x Balthazar Hackathon
We invite you to help build the future of gaming on Tezos! Block Born is launching various XTZ Bounties focused on problems that current developers in the space are looking to solve. Developers will have to exercise their understanding of both Tezos and gaming to create exciting solutions!
  • Check out the prizes in the bounty explorer when the hackathon goes live
  • Sign up for the hackathon by clicking ‘Join Now’ at the top of this page
  • Join our Discord server and connect with builders
  • Find a team (or team members) with our help by filling out: this form
  • Participate in workshops and AMAs
  • BUILD with your friends!
  • Submit your work via Gitcoin
Workshops will take place via Airmeet - TBA
  • Block Born & Balthazar Hackathon - Powered by Tezos will commence on November 9, 2022
  • All projects must be submitted by December 4, 2022
  • Winners with be announced by December 11, 2022
Upcoming Events: Tezos Greece
Another Tezos Greece meetup has arrived!
Saturday, 19th of November at 6pm UTC+2, we will be meeting to discuss everything around the lively Tezos ecosystem and grow the Tezos Greece community!
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