Stackly

SEED Latam has launched an exciting initiative to bring builders from Latin America to Devcon, the Ethereum Foundation's developer conference. n Key details: - 5 lucky winners will receive sponsorships - Winners will join the journey to Devcon - This initiative aims to increase Latin American representation at the conference The Devcon Scholars Program is also returning for Devcon Southeast Asia. This program offers: - More than just conference attendance - Opportunity to connect builders from diverse backgrounds - Chance to engage with the global Ethereum community These initiatives highlight efforts to make Devcon more inclusive and accessible to developers from various regions. They provide valuable opportunities for networking, learning, and contributing to the Ethereum ecosystem.

At Arbitrum Day, @iamnicki15 highlighted the need to look beyond Automated Market Makers (AMMs) in DeFi. While AMMs are crucial, other opportunities exist, such as Dollar-Cost Averaging (DCA). DCA allows investors to make recurring purchases over time, potentially lowering the average buying price of assets. This strategy can help build a more stable portfolio by reducing risk associated with market volatility. The discussion emphasized the importance of exploring diverse DeFi strategies beyond traditional AMM models to unlock new possibilities for investors and DAOs.

Stackly, powered by CoWSwap, has announced the integration of recurring buy functionality on the Arbitrum network. This new feature allows users to set up automated, periodic purchases of their chosen tokens, implementing a dollar-cost averaging (DCA) strategy. The service aims to provide a long-term investment option for users seeking to mitigate market volatility risks. Investors can now select their preferred token, set the frequency of purchases, and let the system handle the rest. This integration is designed to simplify the investment process and potentially reduce the stress associated with timing the market.

A new service has been launched that allows users to program recurring purchases of their preferred cryptocurrency tokens directly on the blockchain. By visiting the company's website and connecting a digital wallet, users can set up automated recurring buys of tokens like Gnosis and Ethereum, with support for Layer 2 solutions coming soon. This feature aims to help investors build their portfolios gradually over time without trying to time the market.

The company has resolved the issue with high gas fees that was causing order processing delays and infrastructure bottlenecks. Normal operations have resumed, and customers can now place new orders and continue with their dollar-cost averaging strategies.

CowSwap, a decentralized exchange platform, has identified issues with certain orders causing high gas usage and clogging their infrastructure during settlement on the Gnosis Chain. As a precautionary measure, the team has temporarily disabled order creation on the Gnosis Chain to avoid further problems. They are actively working to resolve the issue and restore services. Previously created orders are being fulfilled as normal.

Stackly has introduced support for Rabby.io, aiming to combine the simplicity of Rabby with its platform. They are also asking for suggestions on which wallet to support next.

The market is currently experiencing high volatility. Consider practicing Dollar-Cost Averaging (DCA) in a simple and decentralized way by stacking your favorite tokens on stackly.app.

Stackly has announced that all users will now have access to the first round of @outposts_io NFTs. Stay tuned for their launch.

Crypto markets are unpredictable with market volatility being a significant risk. However, there is also the potential for high returns. Stackly aims to mitigate risks with a DCA approach and encourages users to do their own research before making investment decisions.