Data Lake News
Consentify hits Beta Test phase boosted by a Bug Bounty program!
Data Lake is proud to introduce a Bug Bounty program that will allow selected users to be rewarded for testing and providing feedback on their experience on Consentify. With this campaign, we want to express our gratitude to our community of holders by giving them the possibility to be the first ones to discover Consentify. We will also use this occasion to collect feedbacks and fix bugs to refine the platform and ensure a smooth experience for all users and researchers during the Public Launch in January 2024.
Unlocking Medical Research: Data Lake launches Consentify – the first DeSci patient recruitment platform!
The time has finally come for us to announce what we have been working on for the past months: brace yourself as we introduce Consentify, the first blockchain-based patient recruitment & consent management platform that will will democratize medical research!
Project Update #17 – September 2023
Dear Community and Investors, Welcome to the 17th Project Update from Data Lake! Before diving into our latest progress updates, we want to share an important change in our communication approach. We are shifting from monthly to quarterly project updates. This means that instead of receiving a monthly update, you can anticipate our next report in December, at the end of Q4. This transition allows us to compile more comprehensive and insightful information, enhancing the quality of our newsletter while minimizing information overload.
How the new LAKE distribution looks like after our Burn of 66% of the total supply!
The Data Lake team made a significant announcement on August 23rd, 2023, revealing the successful execution of a substantial burn, which accounted for 66.67% of the total supply, with most of the initial allocations subject to either a partial or a total burn.
Tutorial: How to become a LAKE-ETH Liquidity Provider and earn rewards
Premise: Providing liquidity is NOT for everybody, as it comes with risks such as impermanent loss (best explained by this article) – risks as well as eligibility criteria are detailed in T&C, that need to be approved before participating our Program. In particular please note that this Program is not for consumers, but for professionals conducting business activities in crypto
Project Update #16 – August 2023
Dear Community and Investors, Welcome to yet another Project Update from Data Lake! We’re thrilled to bring you the latest news on our exciting developments and strategic moves as we continue to shape the future of the LAKE ecosystem. August has been a month of significant accomplishments, with groundbreaking initiatives that are set strengthen LAKE appeal and tokenomics. As usual, there’s a lot to mention so let’s get right to it!
Enhancing Liquidity: Introducing the LAKE Token Liquidity Provider Rewards Program
Dear Community and Investors, We have listened to your feedback, and we believe the time has come to increase both the use-cases of the LAKE token, as well as the liquidity. Liquidity provider incentives have always been on the roadmap, from its inclusion in the white paper to the current 12% allocation of total supply reserved for it, and we are proud to unveil today our first Liquidity Incentives program!
Data Lake’s First Data Sale and Inaugural LAKE Buyback!
Data Lake is proud to announce its first buyback of LAKE token after the successful completion of our first data sale! As outlined in our whitepaper, a percentage of our revenue from each data purchase is allocated towards buying LAKE tokens from the market. These tokens are subsequently distributed to our ecosystem stakeholders – including Data Donors – with a vesting period.
Unveiling Scarcity: LAKE Token Burns 66% of the total supply, forever!
We are thrilled to announce the first of a series of monumental leaps forward for LAKE Token that demonstrate our unwavering dedication to its growth, value, and the vibrant community that propels it. In a resounding declaration of commitment, we have taken the groundbreaking and significant step of burning 66% of the total supply of the token.
Project Update #15 - July 2023
Dear Community and Investors, Welcome to another Project Update from Data Lake! With the beginning of the third quarter of the year, Data Lake’s board has spent the last few weeks discussing the strategy to adopt for our business to thrive. In this update, we will be giving you a hint on what has been discussed, and we’ll recap the events that have characterized the past month. Ready? Let’s dive in!
Recent posts
