Dear Gondola Community, it has been a tortuous journey since the launch of Gondola. And we are delighted with what we have achieved so far — providing a unique proposition on the Avalanche ecosystem to bridge fragmented liquidity.
We started our service with the Zero Bridge’s z-tokens pairs, and later…
On 5th July 6 pm UTC, Our first official voting about returned 2,072 AVAX Fund has ended. Majority of our community (%62) has decided to Buyback rather than an Airdrop with this fund.
Buyback and Burn:
Dear community members, yesterday a lot of community members raised the issue of a GDL contract creator address swapping GDL for AVAX. This information has caused a lot of negative speculation among our community. We owe an official statement to our community about this situation.
1. Gondola is a self-funded…
Many of those in the Avalanche defi community have expressed concern over the existence of a migrator function in our code. The migrator function is a notorious “back-door” that exists in the Masterchef contract that has resulted in numerous rug-pull in the past. For instance, the PopcornSwap rug-pull. …
Dear Gondolians, thank you!!! We have reached nearly $20M TVL in just a week after our launch! This is an insane achievement and we are so grateful for all the trust and support you have given to us.
To celebrate this monumental milestone, as well as to make up for…
We are sorry for the staking bug we have during the first few hours of our launch. While we have delayed our farming a few days ago, it becomes the exact reason on how the staking bug happened — two contracts, namely the AVAX-GDL pair on Pangolin and GDL-only staking pool, were using wrong timestamp for the start of the reward contract.
We have quickly redeployed new staking contracts and they are now live on https://gondola.finance. For those who have staked in these two pools, you may need to withdraw them via https://withdraw.gondola.finance.
Again, we sincerely apologize for the mistakes we have made. We will make compensations for those who have suffered from the staking bug in the two pools affected. Details will be announced later.
We recently received feedback from our friends at Yield Yak on a potential vulnerability that can be caused by an improper Amplification Coefficient “A” configuration. After a detailed review and investigation, the Gondola team made the decision to adjust the parameter and delay our farming launch. …
So many are asking questions like: “What does Gondola Finance do exactly?” “Why is it good for Zero and the Avalanche (AVAX) defi ecosystem?” And “Is it yet another Avalanche AMM?”
We would like to answer these questions through an illustrative case study.
Gondola is launching soon at 4/28 2:00 pm UTC!
We have organized a lucky draw campaign on Twitter for our launch.
To participate, you only need to:
Campaign start: 4/26 2:00 pm UTC
Campaign end: 5/3 2:00 pm UTC
20 winners will be selected randomly, share a pool of 100,000 GDL. Winners need to accept the prize in Telegram within 2 days after the announcement, and reward will be distributed subsequently within 7 days.
Hello everyone! Introducing Gondola Finance. Our journey begins with creating a Stableswap on Avalanche, targeting stablecoin first. However unfortunately the Snowball team has been acting much faster than us (kudos to the team for their speed and good work!), …