Aluna Community Update #3: Recap of Q2 2021

AlunaDAO
5 min readJul 8, 2021

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As we dive deeper into 2021, we continue to passionately stride towards our mission to help traders achieve financial freedom through cryptocurrency markets. This past quarter saw us focus on platform developments, ALN token adoption, and improvements to user experience as we strengthen and expand the Aluna Social ecosystem.

Here’s a summary of all-important milestones we reached in the last 3 months, and a sneak peek at what the future holds for Aluna.Social.

Missed last quarter’s Community Update #2? Click here.

Launch of Aluna Farm

We kicked off Quarter 2 of 2021 by launching Aluna Farm V2 with 3 new pools. 120,000 ALN were distributed to ALN/USDT and ALN/USDC liquidity providers on Uniswap, and 30,000 ALN were allocated to a single-asset ALN staking pool. We also introduced a novel yield booster feature, which enables users to increase their farming yield by purchasing boosters with ALN, ultimately adding burning and value accrual mechanisms to the Aluna ecosystem.

Once Aluna Farm V2 came to an end, Aluna Farm Wave 3 was introduced with 600,000 ALN to be distributed via 2 new pools. The new Aluna Farm will run until the 9th of September and includes 100,000 ALN allocated to the ALN token staking pool, and 500,000 ALN allocated to the Uniswap V2 ALN/ETH LP token liquidity mining pool.

Here’s how you can participate in Aluna Farm Wave 3

Distribution of Airdrop #3 and the Birth of Aluna Governance

In May we distributed 80,000 ALN tokens (worth over $20,000) from the Aluna Airdrop #3. This was our biggest Airdrop to date with 782 participants, executing 12,700+ trades and trading more than $40.4 million in volume. The huge interest in the Airdrop brought on some unexpected challenges, with some participants abusing the rules. This in fact, inspired the birth of Aluna Community Governance where we invited the community to participate in the decision-making process with our first governance discussion on Discord. We deliberated on how to improve the platform and how to decrease any chances of cheating going forward. The discussion was incredibly fruitful and helped us make a fair distribution of Airdrop #3.

Aluna Airdrop #3 results and reflections

Private Sale Investors Claim ALN Tokens and Introduction of Toll Bridge

May also saw us unlock tokens from the ALN Private Sale rounds (25,236,929 ALN) to be claimed by early adopters and private sale investors. Our early supporters were given the option to claim their unlocked ALN through the Claim UI or Toll Bridge, the latter giving investors an option to unlock a part or all of their vested tokens.

Read more on how to claim ALN via UI and Toll Bridge

The Launch of “Crypto Trading to the Moon” Interview Series

With the expedited growth of the Aluna Social Trading Community, we knew it was time to up our game and give Aluna members more valuable content. We launched a monthly ‘Crypto Trading to the Moon” interview series, where we interview the best traders on Aluna.Social to bring you their trading tips, bull market exit strategy, and much more!

Missed Episode #1? Click here to check it out.

Aluna Goes Live at Decentraland

Aluna Headquarters V1 has gone live at Decentraland, the first-ever Ethereum-based virtual social world that’s created and owned by its users. Decentraland allows you to play, explore, and interact with games and activities, as well as purchase parcels of land on which you can build your own environments, marketplaces, and applications. Stay tuned as we bring Aluna.Social to life on Decentraland!

Find us at Parcel (5, -43) on Decentraland.

Aluna Social Platform Growth

It’s exciting to see Aluna.Social grow and we are truly humbled by all our loyal members who bring tremendous value to the Ecosystem.

Here’s Aluna Social in numbers as of July 1st, 2021 compared to January 1st, 2021.

✔️ Number of platform users: 27,700 (507% increase)

✔️ Monthly trading volume: $46.8M (981% increase)

✔️ Assets on Connected Exchanges: $15.3M (665% increase)

Platform Development

Platform development remains our top priority at Aluna.Social. We are determined to keep improving the tech and adding new features in line with our Roadmap. Here are the latest developments completed in Q2:

  • BitMEX trading launched and tested for the release of BitMEX copy-trading in July
  • Bitfinex copy-trading hotfixes are underway
  • Markets and Coin data migration to CoinGecko complete
  • Migration of design assets to Figma complete

ALN Token Adoption

$ALN is the heart of the Aluna.Social ecosystem, and we’re building up its use case and long-term value in line with our vision for the Web 3.0 world. Despite the drop in value recently, the adoption of ALN continues to grow:

  • Number of $ALN wallet holders: 2,680
  • 3.65M $ALN staked (20% of circulating supply)
  • Liquidity on ALN/ETH Uniswap pair: $160,000
  • 155K $ALN burned (0.15% of total supply) since TGE
  • Successful test transaction of $ALN bridge to #BSC using chainport.io
  • $ALN is now listed on Dapp.com

Marketing & Business Development

Marketing and business development activities fuel the reach, brand recognition, and user acquisition of Aluna.Social. In the past few months, Aluna was featured on Altcoin Buzz, one of the largest crypto-based media portals, VoskCoin, a popular YouTuber, and numerous independent Russian channels such as Crypt-Mining, Pro-Blockchain, and CryptoDealers. We’ve continued to run advertising to attract new users, focused on improving the onboarding flow, and conducted a User-Satisfaction Survey to better understand the likes and needs of our community. Genesis Block Ventures also invested in Aluna Social to help us accelerate the development of the next generation of consistently profitable traders.

Team Expansion

Aluna.Social was originally built by a small but passionate team. But as we keep growing, so does our team. We’ve recently hired 2 new backend specialists to speed up exchange integrations and new feature launches, and now have 12 full-time employees: 7 developers, 3 designers, and 2 marketing and business development experts.

We’re now hiring for a Web3/Solidity Developer, so if you or someone you know qualifies, reach out to us at support@aluna.social.

Ready for the Road Ahead!

Each month, things get busier and busier for us, but we remain in high spirits and focused on bringing our vision to life. Read on for what we’ve got in store for you later this year!

PLATFORM

  • The launch of copy-trading for BitMEX
  • 1st ever trading competition
  • New exchange integrations: Gate, Valr, KuCoin, FTX, Binance Futures, Bybit, Kraken
  • The launch of PRO Subscriptions
  • Copy-trading “scaling” and “risk” improvements
  • Leaderboard new features
  • New Aluna interface containing UI, UX & SEO improvements
  • An open-source library and SDK for crypto exchange API integrations
  • Payments on Platform

$ALN TOKEN

  • Listing on Pancakeswap
  • $ALN Tokenomics V2: Aluna’s blockchain-agnostic multi-chain approach, and Web3 development roadmap
  • First governance soft-vote on Snapshot.org

MARKETING

  • 100K $ALN Airdrop — for BitMEX only, with emphasis on trading volume.
  • Aluna Ambassador Program
  • Aluna Bounty Campaign

A big thank you to all our supporters! We greatly appreciate your dedication and feedback.

Stay tuned for more updates coming soon.

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AlunaDAO

The next-generation gamified social investing network: https://aluna.social/