Announcing the🎖️ Vest Survivoors NFT 🎖️ during a time where it seems only right to commemorate those who stick around through the toughest of times.

This NFT comes with many special features...

Read on to find out more!👇🏼👇🏼👇🏼

This NFT airdrop was intended for community members who were HOLDING Vest <> Arbitrum NFTs with IDs 1-1000 at the time of our snapshot, at 11PM UTC on 2/28.

If you were not part of this cohort, you wouldn't have received an airdrop, but you can find them on secondary market!

https://opensea.io/collection/vest-survivoor

Note: If you do plan to buy or sell the NFT, make sure that the NFT is this contract!

0xB14e85231812cd094bceaA6c3305B58565E2E872

Attached is a google document of the 1000 addresses that held the Vest <> Arbitrum NFTs with IDs 1-1000 at 11 PM UTC (time of our snapshot). Link here : https://docs.google.com/spreadsheets/d/1-EejQiK68AzFYEWCrt8kO-bJ-yoZ1eekt7_4AjcLIoM

Furthermore, Testnet v2 and the subsequent trading competition will be closed and gated. It will be application based similar to that of Testnet v1. 🦺

However if you are holding the NFT, you will have automatic gated access to it! 🎟️🎟️🎟️

This is the main functionality of this NFT in addition to some other perks which are yet to be announced! You will also be whitelisted for ❓❓❓.

As a reminder, we love having the ability to reward our community by distributing NFTs, but making NFTs is not our main focus. 👇

Our main focus is delivering the first Long-Tail perps dex, empowering our community and users to access products not currently available.

This takes hard work, lots of research, and an ongoing conversation regarding the current DeFi environment which we welcome you to join! 🦺


Vest Survivoors NFT

The past week has been absolute crazy at Vest! 🦺🦺

Let's take a moment to recall what happened and where we go from here...

👇👇👇

We have been continuing our testnet competition with amazing feedback and results.

We have been updating participants on their rankings through our leaderboard in Discord!

Speaking of Discord, we officially closed our Community Media Competition and let our OG members vote on which pieces they thought were best. The results will be out soon with respective rewards as follows!

Each category splits $1000 USDC between the cohort of winners

Articles: 5 winners
Tweet Threads: 10 winners
Memes: 20 winners

Concurrently, we announced our second AMA, which was hosted by @Arbitrum as well as the NFT associated with the event.

The response and attendance was unlike any we could've expected!

Our twitter following increased over 6x in hours.

Unfortunately we mishandled the minting of this NFT.

Our intention for this NFT is to be able to reward community members with a piece of art to commemorate this event with @Arbitrum.

We used a platform to conduct the activity tracking and minting which limited the eligibility of AMA listeners to 1000.

For this reason we made the announcement prior to the AMA that said only 1000 participants would be able to claim the NFT.

Afterwards we received a lot of immediate feedback from the community to release more for the thousands of other participants of the AMA. We did as asked.

However, to our surprise those initially minted were already being sold on the secondary market!

To retract what we did and not make it so that we rug the floor price for those who bought in the secondary market, we closed the mint.

Officially as a response to the mishandling of this event, we will be rewarding the NFTs with token IDs 1-1000 with a new exclusive NFT. 🦺🚨

All holders of the first 1000 Vest <> Arbitrum AMA NFTs have been whitelisted for their new NFT oaa of 2/28 at 11PM UTC.

Currently, there is also a vote being passed on whether we should grant access to this new NFT to those who were deemed eligible by the platform we used who were not able to mint their NFT.

All in all we believe that this week has taught us two things:

1. We have an amazing community. The outstanding support we've had over the past week proves this. We always want to provide the best experience for them whether that is directly through our product or through our community culture and rewards.

(🦺,🦺)

2. It is difficult to manage expectations; There is no reality in which we can make everyone happy. We can do better by putting things to a vote, in alignment with the true ethos of decentralization. As well as making our intentions more clear and sticking with the plan.

We are Vestoors and builders ourselves. We want to empower our community in the same way we believe our product will empower traders.

Moving forward, we'll do better and use this as an opportunity to constantly innovate and improve. We appreciate everyone’s love and support!

Introducing the official Vest x Arbitrum AMA Pin 🦺

This is a special NFT that commemorates our first AMA with Arbitrum. You can use it to ❓❓❓.

See how you can claim it! 👇🏼👇🏼👇🏼

🚨Our team will be going live on an AMA with @Arbitrum on February 27th at 11:00 AM EST🚨

https://twitter.com/i/spaces/1zqJVPbLdEWKB?s=20

You don't want to miss this, because you need to attend to claim it!


The entire @VestLabs team will be present and dive deep into the ethos of Vest, the groundbreaking research behind the exchange, and our ambitious plans for the future!

It's a great opportunity for us to share with the community on what we've been constructing 🏗️⚒️👷

It has been a truly exciting experience building a relationship with the folks at @Arbitrum and we can't wait to share the stage with them!

We'll also be doing a 📢 big announcement 📢 at the end of the AMA, so don't be late and miss out!

Don't forget: 2/27/2023 - 11AM EST!

Note: This NFT will be minted on @Arbitrum and will be claimable for up to a week starting immediately after the AMA.

Also, HUGE shoutout to our architect on site, @rk11785593, for making this incredible pin! 📐✏️👷‍♀️

Vest x Arbitrum

Testnet v1 is on the cusp of going live! 🦺

We've announced our trading competition and the participants, but one thing is left to be said. Why are we doing our Testnet in stages, and why does the first one include a trading comp?

A short 🧵 on our goals

👇👇👇


At Vest, we are focused on delivering 3 core features under our exchange. These are...

1. Long Tail/Permissionless Trading Functionality
2. Liquidity Provision Mechanism
3. Cross/Multi Asset Margining

We believe in the power of iterating on the design of our products to make them the best. As we've always said, at Vest we are 🦺community first 🦺.

Thats why we want community members to be part of this iterative process so that we can get live feedback.

Our first iteration of Testnet will be focused on our funding rate and pricing mechanism. This is at the heart of our exchange and will work alongside the risk framework we've developed to minimize the chance of our exchange defaulting.

What does this iteration mean for the end user?

They can stop worrying about the exchange getting rekt!

Why?

Our AMM addresses the marginal risk from the change in inventory using premium and rebate, while funding rates handle the risk caused by the change in the price process of the underlying asset.

All in all a more robust framework for managing the risk of trading perps, enabling us to list the long-tail!

In fact, the first asset we will be using for this Testnet version is the @GMX-Perp! 🔎 (🦺 x 🫐)

We are incredibly grateful for the patience and enthusiasm of our community with getting Testnet v1 out.

We love how you put the Vest on, let's keep the construction going!


Testnet Trading Competition

Our Private Testnet is Live!

We are accepting applications for Vest's first users.
https://forms.gle/76YvZmvAGYMrwFYq6

Accepted applicants get:
1. Exclusive Testnet Access
2. Access to the unreleased Vest Whitepaper
3. A special role in the Discord, OG, and an invite.
4. Whitelist for ❓❓

Like, retweet, and engage with the above post for higher chances of approval!

Good luck 😉

Testnet v1

📢 Announcing Vest Exchange: The first Perp DEX that is designed to enable permissionless trading on any asset you can think of, long-tail or illiquid.

https://medium.com/@VestExchange/announcing-vest-exchange-a-dex-backed-by-jane-street-qcp-capital-and-big-brain-holdings-894592a28b2c

We are excited to announce our seed fundraise from @JaneStreetGroup, @QCPCapital, @BigBrainHoldings,  @Ascendex, @BuilderVC, @NotDeGhost, @ivcryptofund, @CogitentV, @PearVC, @FugaziLabs...

As well as thanks to many other angels, advisors, and friends who have been incredibly helpful in our journey
@omaryehia, @nikete, @0xperp, @juanbugeth, @mihai673, @_theshash, @Pigi_Pal, @tal_rabin, @0xMeigyo, Dexter Song (DSV), @0xGabb, @thelawrenceyan...

We all know that DEXs are the bedrock of a robust DeFi ecosystem and that everyone loves leverage. However the current leading exchanges fall short in 3 main ways.

These are:

- High barriers for market listing
- Lack of risk management
- Unclear risk/return for liquidity providers

Vest conquers these shortcomings through a cutting-edge risk-engine shaped by academic literature and modern market making techniques.

Using adaptive pricing controllers unique to each underlying asset and the market environment, we can unlock illiquid markets faster than any decentralized or centralized exchange.

Next steps:

We'll be randomly giving 20 whitelist spots to followers who like and retweet this thread.

Be the first to receive updates on whitelist spots, discord, and private Testnet launch by signing up at vest.exchange

Finally, participate in the cutting-edge research used to build the world's most democratized exchange by visiting research.vest.xyz

Check us out Arbitrum Army (💙,🧡)!
@arbitrumcore @andrewsaunders @terencechain @rauljordaneth @preston_vanloon @Churro808 @dewanshparashar @laurensong_ @0xchewieee @0xRecruiter @prylabs @eli_defi @stateofkate0 @gmEthereum @AnujaKhatri3 @MattPearring
@samfriedman6_ @nina_rong

@Jason_Wan123 @0x66726564 @TristanWEarth @CocoraEth @CryptoIsCute @valyermakova @PlasmaPower0 @yahgwai @spsjvc @gzeon @msv_mahsa @baburges @peterhaymond @LukeX58 @bharat_eth @saogr8 @DZack23 @ArbitrumDevs @SizeChad @BFreshHB @ajwarner90 @hkalodner
@EdFelten @sgoldfed @tsahee

And esteemed guests!
@Crypto_McKenna @shivsakhuja @bencrypto10 @JackNiewold @YJN58 @SmallCapScience @DAdvisoor @Slappjakke @PaikCapital @corleonescrypto @the_daily_defi @Ceazor7 @Ishanb22 @Dynamo_Patrick @CryptoCam22 @Defi_Dialogue @JonGalt14 @blocmatesdotcom @themlpx

@TaikiMaeda2 @thiccythot_ @defi_mochi @therossbooth
@rektdiomedes @burstingbagel @0xPolygonDeFi @jediblocmates @nelsoncryptoman @TheDeFinvestor @DeFi_Dad @TammasCrypto @DegenSensei @crypto_condom @MakeBank__ @TheOneLanceB @kindahangry @DeFiMinty @ShrimpyPong @swmartin19


@DeFiTeddy2020 @thewolfofdefi @thelearningpill @thedefiedge @crypthoem @CryptoDamus411 @the_advisor_btc @DeFi_Made_Here @defi_mochi @0xAtomist @TheSkyhopper @sardarfx @DeFi_educator @DefiIgnas @MetaAndre01 @BMGarber @CryptoGrills @xjbarnft @DeFi_Cheetah @cyrilXBT


And more! @0xSuperTrooper @RugDocIO @0xsmac @Cryptocito @avi_eisen @ViktorDefi @phtevenstrong @korpi87