Skyrim Finance — Monthly Report #2

4 min readJul 2, 2021

To Skyrim Finance Communities,

“ Still waters run deep and smooth runs the water where the brook is deep ”

It must have looked quiet in June on the surface, same way as the market does. However, deep in the crypto market or behind the scene there is a lot going on, same way Skyrim Finance does.
What we witnessed in June in the crypto space had a strong correlation with the way we operated and pushed Skyrim Finance. We hope this Medium post can help you understand the strategies we take when operating Skyrim Finance and the work that has been done to move our vision forward.

On June 7th — Bitcoin was trading up and down around $36.00K

As promised and planned before, we introduced our 2nd reward round — $10,000 $SKYRIM Private Allocation — Challenge Round, in which once the community users complete tasks, a non-random quality-based screening process would determine who is going to win the final private allocation in this Challenge Round.

On June 21st — We announced the $SKYRIM Challenge Round Winner List/Event Stats

The stats generated for this event were as following:

1️⃣ A total of 1,574 people joined us

2️⃣ More than 80,000 impressions generated

3️⃣ A total of 4,340 engagements

In hindsight, we did feel that the event would have gone much better and generated greater results had we been in a better market. However, that is not up to us to decide and we are still grateful for everyone’s participation and great efforts.

Through this Challenge Round, we found so many amazing articles, memes, and wonderful words about Skyrim Finance. It really flatters us when we see the beautiful content on Twitter, Reddit, and other social platforms.

On June 22nd — The Sweetest Problem Ever

Right after the announcement of Challenge Round Results/Stats, the Skyrim Finance team was informed by multiple community members and partners that the whole Skyrim Finance concept, illustration, and writing have been cloned.

It was clear to us that the intention behind such actions was nothing positive. And we believe it is necessary to inform and alert our community of such phenomena.

🚨 Please be noted 🚨 that our project Skyrim Finance (https://skyrim.finance/) has no connection with such projects whatsoever. Please be cautious and don’t fall for their scams.

🚨 To ensure you are following the right project, we highly recommend you bookmark the Skyrim Finance website and the associated social media links. Please also be noted that the Skyrim Finance team will only reach out to any party via the only email (contact@skyrim.finance)

On June 25th — The Silver Lining of Crypto Crash

As a project striving to build the First Multichain Decentralized Structured Finance Marketplace and to help investors of different profiles have risk-adjusted returns through fixed-rate and leveraged-yield DeFi products. We feel it is very necessary to take this market crash (or correction, depending on your stance and perspective) to inform or reinforce the general rules to help our communities put the current crash into perspective.

The article touched on

1️⃣ How to analyze the crypto market

2️⃣ Why Bitcoin has always bounced back

3️⃣ The fact that humans are going to stay humans

4️⃣ You have to stay in the game to survive as an investor

5️⃣ Passionate belief still needs risk management

On June 29th — Skyrim Finance Announce Its First Strategic Partnership — Thorstarter

Thorstarter is one of the few projects in this space that possess the kind of technical and community power to transcend the general market sentiment.

“…… We are very thrilled to establish a relationship with this great project and the team behind it. I firmly believe we are going to actively stay in discussions about how we can help each other and the broader crypto space.”
— said Johnny Lee, Marketing Director of Skyrim Finance.

😃 Spoiler Alert: More partnerships are coming your way. The ultimate goal is to build a comprehensive ecosystem where we are partnered with builders in virtually all crypto ecosystems.

Behind The Scene: Technical Development

💻 According to our tech team, the Fixed-Rate Vault development work still goes as planned.

However, with the current market situation and the massive market movement we see, we come to a strong conclusion that passionate belief still needs risk management.

Thus we are in no rush to launch our marketplace at the current stage, which will also allocate us enough time to contemplate how to best design the Skyrim Finance risk management system and to safeguard our users from the market risks and liquidations we saw a while ago.

🚨 If you receive an email that is not sent by contact@skyrim.finance, then it is not from the official Skyrim Finance team. Please do due diligence and be vigilant 🚨

About Skyrim Finance

Skyrim Finance is the First Multichain Decentralized Structured Finance Marketplace. Skyrim Finance aims to build the Robo-Advisor of the DeFi ecosystem. The objective of Skyrim Finance is to help investors of different profiles have risk-adjusted returns through fixed-rate and leveraged-yield DeFi products.