Raze Network Monthly Review — June

Hi There Razers,

To do a proper review of Raze Network in June, we’d first like to address the macro crypto market, as it has made a direct and overarching impact on all existing projects.

At the time of writing, the majority of the crypto market (~64%) looks similar to the following charts throughout the month of June:

It is safe to say we are in range-bound correction phase. Historically, the drop in a correction (whatever the extent is) often “corrects” the market and returns the prices to their longer-term and healthy trend lines.

Once we can all understand that this is healthy event for the broader crypto markets, it is only logical to ignore the short-term noise and continue our focus on building Raze Network and growing our partner ecosystem, expanding the future impact of our privacy-preserving product.

Partnership Development

In June, our team continued to build The Raze Network Ecosystem. The announced Raze partner ecosystem continued to expand, further displaying the importance of what we are building for the broader DeFi and Web 3.0 space.

To recap, we added another 5 projects to our Partner Ecosystem in June. We believe these partnerships represent a group of projects with a common goal — to enable users their right to privacy when navigating this brave new world.

All info and dates of each partnership below 👇👇👇

June 3rd — THORSwap

June 15th — Memeunity

June 17th — TribeOne

June 28th — Bunicorn

June 29th — Asva Labs

$RAZE Empowerment

In June, we brought $RAZE to two promising ecosystems: THORchain (THORswap) and Polygon (Matic) Network.

To get $RAZE listed on THORSwap through the #RAISETHECAPS movement, we made sure there was enough initial liquidity to the RAZE:RUNE pool to win the open liquidity competition and secure our listing on June 28th.

In June, $RAZE also joined the Polygon (Matic) Network, which was made possible through our partner UniFarm’s Cohort 13 Event, in which $RAZE holders were given the ability to stake our tokens on Polygon (Matic) Network and earn passive income.

With the growing number of active users in the Polygon ecosystem, we feel extremely honoured and excited for our community to participate in #UniFarmCohort13.

More details below 👇👇👇

The New and Improved Raze Ambassador Program (RAP).

On June 28th, we decided to relaunch a more comprehensive and appealing Raze Ambassador Program (RAP) to promote and celebrate the upcoming launch of Raze Network’s Testnet.

The main objective of the program is to identify, recognize and reward the contributions of key community members and thought leaders that champion the vision of Raze Network.

To apply, please fill out 👉 👉 the application form and tell us why you’d be the right fit to join our growing community of Ambassadors. We’ve already seen some great applications come in — we can’t wait to chat.

Raze Network Tech Development & Testnet Launch Update

Our devs have finished the testing of all contracts and front-end algorithms. The deploying test of the Mint, Transfer and Redeem contracts on Ethereum has been completed. The interaction with the front-end interface is operating properly.

The Ethereum codes have all been completed. and our engineers have demonstrated that there was no problems associated with them. We will test it on local machines in the next few days, and if there are no more issues, we will deploy the code. Please stay tuned for the forthcoming announcement! We can’t wait to share what we’ve been working on.

About Raze Network

Raze Network is a substrate-based, cross-chain privacy protocol built for the growing DeFi and Web 3.0 ecosystem. Applying zkSNARKS to the Zether framework, Raze is an EVM-compatible layer-2 middleware that will enable end-to-end anonymity for decentralized applications running on Ethereum, Polkadot, and Binance Smart Chain.

Our mission is to enable cross-chain, privacy-preserving transactions and activity for end users, shielding asset movements from surveillance while guaranteeing composability and faster settlement.

Contact Raze Network

Telegram | Medium | Official Website | Email | Twitter

Raze is a trustless zero-knowledge proof system designed specifically for decentralized finance.