Midweek With Max for January 14, 2025

In this Midweek with Max episode, co-founder Max Sanchez and Head of Marketing Phil "Batman" Gomes provided key updates on Hemi's progress toward mainnet. The team reported significant work on partner onboarding and Bitcoin tunnel development, along with RPC scalability improvements enabling 20,000 requests per second in staging.

Phil announced an upcoming research report from Reflexivity Research highlighting Hemi and featuring a competitive matrix analysis. He also discussed a recent op-ed in Cointelegraph authored by Max about decentralization and proof of proof consensus. The team noted continuing partnership announcements averaging one every 3.5 days, including the recent YieldNest integration.

A major discussion point was VUSD, HEMI's newly launched stablecoin that's overcollateralized by other stablecoins. Users can deposit USDC, USDT and potentially DAI to mint VUSD, which will be used throughout the HEMI ecosystem. The team explained how VUSD liquidity mining on Ethereum mainnet Sushi V2 pools now earns HEMI points.

Regarding points and rewards, Max clarified that Demos verification has reached over 76,000 unique individuals. He explained the points system for POP mining will reward consistent daily activity rather than bulk mining, with points allocated for daily participation, meeting average user thresholds, and long-term engagement.

The team confirmed mainnet and TGE (Token Generation Event) will likely be separate events, with TGE occurring after mainnet launch to allow time for TVL and activity growth. They noted the mainnet explorer is live for partner onboarding but emphasized there are no rewards for premature mainnet interaction before official launch.