Our great sponsors
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Kelp
Discontinued Kelp is a free and open-source trading bot for the Stellar DEX and 100+ centralized exchanges
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InfluxDB
Power Real-Time Data Analytics at Scale. Get real-time insights from all types of time series data with InfluxDB. Ingest, query, and analyze billions of data points in real-time with unbounded cardinality.
Over the last few days, we have seen a huge increase in conversations across Stellar channels in relation to Kelp. Kelp is a market making tool for Stellar DEX. Many people in the Aquarius community use Kelp to help create liquid markets. It would appear Kelp wasn't updated in time to be compatible with Protocol 18. A part of Kelp bot stopped working and as a result, a significant number of market makers had to stop trading and could not receive AQUA rewards. The good news, developers are already working to get Kelp back up and running again. You can follow the progress here: GitHub Kelp Issues Protocol 18 If you are a user of Kelp, you can also complete a short feedback form to help the developers understand who uses Kelp and what issues you currently have after the Protocol 18 upgrade. Follow this link to fill in the form (1 minute): Kelp Feedback Form As you may know, on Oct 25 we launched SDEX Rewards, an incentive program encouraging market makers to keep providing liquidity to Stellar through the use of software like Kelp. Volume improved until Nov 3, when Kelp became incompatible with the new version of the protocol. Kelp played an important role during this increase in trading volume. We even saw the SDEX (under the ticker of StellarTerm) enter the top 10 DEXes on CoinMarketCap. An absolutely amazing achievement for Stellar! We'll let you know when the new version of Kelp is available. Keep watching our channels for further Aquarius updates and our upcoming launches of AQUA AMM rewards, governance, and voting tools.