Hello Althea Community,
Recently, the Althea Foundation shared an exciting roadmap for community input, marking an exciting inflection point in Althea’s history. We also announced two major milestones that highlight funding and traction in the Althea L1 ecosystem:
Financing the Next Frontier: Liquid Infrastructure Fuels Broadband Expansion in Arizona
GEM Digital Commits $25M to Expand the Future of Infrastructure Finance on Althea L1
Over the last several weeks, a number of significant proposals have passed through on-chain governance.
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Proposals 11-18: These proposals configure the iFi DEX and allow tokens, such as the USDC and USDS stablecoins, to be bridged into the Althea EVM from Ethereum via Gravity Bridge. You can read about the iFi DEX’s innovative design at blog.althea.net.
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Proposal 19: Transfers are now live on Althea, and token holders can freely transfer, as well as vote and stake at althea.link. To learn more or find answers to questions, visit docs.althea.net.
The Althea L1 forum is a place to communicate about Althea L1 and its governance and to discuss governance actions outside of an active on-chain vote. The Althea Foundation is looking for feedback on what Althea L1 ecosystem technologies to focus on next. A number of interesting supporting products could be introduced for discussion, such as a lending market for Liquid Infrastructure assets or adding on-chain metrics to Althea.link. Anyone can submit proposals to Althea governance.
Following the roadmap over the next several weeks, the new althea.link front end will be deployed to access the iFi DEX, the world’s first and only DEX for infrastructure and utilities. This is an important part of the stack for users (including machine users!) of Liquid Infrastructure and the Machine-to-Machine payments to be able to integrate, swap, and use DeFi in a seamless way. There is a handy FAQ here.
Thank you for being part of the Althea Ecosystem. Stay in touch in Discord and the Forum, or follow us on X and LinkedIn for updates.
Althea Foundation