Offshift | October AMA

Episode Two in a (Mostly) Monthly Series

A lot’s happened since our last AMA . We announced the three-phase rollout of our testnet, and launched phase one . We locked all token reserves on-chain in timeLock smart contracts. We gave away 1,000 XFT in the Offshift Content Contest , which produced many quality memes . And at the end of last month we announced the integration of Chainlink oracles and launched phase two of the Offshift testnet.

Offshift Taps Chainlink to Provide Oracle Feeds for Its zkAsset Private Pegs

Offshift’s Public Testnet Phase Two Is Now Live With Chainlink Oracles Integration.

Private DeFi, storage and staking protocol Offshift has integrated Chainlink’s market-leading decentralised oracle network to securely and reliably bring accurate, transparent, real-time price data from the off-chain world to the Offshift ecosystem on Ethereum. This allows users to mint, burn, and trade zkAssets based on a fair market price of the underlying collateral at the time of the shift, leading to private digital assets within DeFi.

Offshift Testnet Guide | Phase Two

Price-Pegged Shifts Between Two ERC20 Assets on Ethereum Using Chainlink’s Oracles

With Offshift’s oracle announcement today —

Offshift Taps Chainlink to Provide Oracle Feeds for Its zkAsset Private Pegs
Offshift’s Public Testnet Phase Two Is Now Live With Chainlink Oracles Integration

— we’re pleased to also announce that phase two of our public testnet — price-pegged shifts between two ERC20 assets using Chainlink’s oracles — is now live.

Offshift Content Contest Winners!

1,000 XFT Tokens Awarded to the Top 5 of More Than 50 Entries

The Offshift Content Contest has concluded, and after much deliberation, the team has selected their five favorites from a total of more than fifty entries.

Choosing winners was certainly not an easy task, as clearly a lot of time and effort was put into all the submissions. The team chose winners based on criteria like originality, effort, reach, and whether an entry successfully captured the spirit or idea of the Offshift project.

It's the Offshift Content Contest!

Tweet Your Best Meme, Article, Video or Infographic and Win up to 500 $Xft!

Are you a meme maker? Artist? Writer? Comedian? No matter your talent, Offshift wants you to create your best and most original XFT-inspired content, be it a meme, article, video, infographic — or anything else you can tweet.

Tweet your content anytime in the next week using the $XFT cashtag and @OffshiftXFT , and you’ll have a chance to win up to 500 XFT!

XFT Token Reserves Now Locked

Team Tokens and Project Funding Have Been Time-Locked On Chain

Offshift developers today deployed four timeLock smart contracts and deposited the XFT tokens reserved for marketing & ecosystem, development, team, and staking to their new addresses.

The contracts hold the tokens in numbered lockBoxes, which unlock according to the vesting schedule in the Offshift whitepaper and pitch deck .