Bi-weekly Highlights #3. PRODUCTS AND TECHNOLOGY. Hedge platform for high liquidity pools.
18 Jun 2021, 13:03
Bi-weekly Highlights #3
⚙️ PRODUCTS AND TECHNOLOGY
🎯 Hedge platform for high liquidity pools
We continue our work on processing and liquidity providing mechanism. We expect the first live of LP mechanism and processing in several weeks. Reminding that you can already test the calculation of the preliminary savings:
🎯 Feeno
We’ve finalized the architecture and ready to start the development of Feeno smart contract from the following week. In a couple of days we’ll also start the developing of the Feeno’s API.
🎯 Smart LP
We have already started the smart contract development for our first pair ETH/USDt. The smart contract structure is already done. We’re planning to start our internal tests of the first working version till the mid of July.
🎯 $REM to $NUX swap
We have already started the swap process. Guardians and $REM token holders can claim/swap their asset here:
⚙️ MARKETING
🎯 Conferences
We spent half a month traveling to various conferences. We managed to communicate with many people on different continents and preliminarily agreed on a couple of calls and further discussions on the introduction of our technologies into wallets and crypto products. Potential users include old foxes of the crypto industry as well. We will keep you informed if there is any progress in this direction.
🎯 Liquidity Mining programs
We are in the final stages of agreements with another platform where you can stake $NUX and earn rewards in $NUX + 4 other coins. It will be launched by the end of the month.
🎯 Marketing partnerships
Entered into an agreement with a marketing agency from Dubai. They will help us highlight Peanut products through various advertising channels, mainly YouTube and twitter influencers;
- Extended Fair Launch promo on DEXtools
- Finalizing negotiations with a new staking partner, announcement coming next week.
⚙️ MAY REVENUE
May revenue - $372k. 62500 NUX has been sent to buyback address. May market was very bad for listings, most projects choose delays and moving to BSC (Pancake)&Polygon (Quickswap). That`s why we are introducing new tools for Fair launch - Pancake listing and fixed price (flat fee) together with new logic for initial market making similar with "bid selling" on CEXs