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Bi-Weekly Update #8. Feeno. Started working on the integration of Feeno with CEX to reduce the gas fees.

Peanut
Peanut
Telegram
27 Aug 2021, 15:33
Bi-Weekly Update #8 ⚙️ Feeno Started working on the integration of Feeno with CEX to reduce the gas fees. We have sent the documentation around the integration to our partners and in the nearest future an its execution and an announcement of the new partnerships are expected. The ball is on their side! Q: If we remove the commission for transfers through Feeno so that you can send your tokens for free would you be using it? Tell us what does stop you of using Feeno. ⚙️ SmartLP SmartLP (BETA) works quite stable. At the moment there is a strategy that keeps the range of a narrow range at ETH / USDT pair and rearranges the liquidity 1% before the end of the range. As of now the strategy has resulted in ~200% trading fees APR (a result before rebalancing and impermanent loss). Give us your feedback to add value! Link: SMART CONTRACT: THE AUDIT HAS NOT YET BEEN CARRIED OUT THEREFORE WE RECOMMEND TESTING FOR THE INSIGNIFICANT AMOUNTS! ⚙️ Hedge We’ve deployed the infrastructure plus started all the services and connected it to each other. The significant part of the functional is already working. At the moment we are at the final stage of the development of the Hedge system. 💲Tokenomics and Buyback During the next 2 weeks we finalise NUX tokenomics and it will be implemented once Feeno and SmartLP final versions are delivered. July buyback comprised ~$30k and was a result of mild market conditions. The recent market recovery resulted in one fair launch being done and several more agreed for the upcoming weeks. 💰 Marketing We continue to receive traffic from Africa and started the SEO reseach activities to build organic traffic sources. The number of visitors to the site is calculated in hundreds of thousands visitors per day. Launched Feeno and Fair Launch ads on Dextools; Got two more reviews from TikTok influencers; Working with 3 projects on Fair Launch deployment. We updated the website's homepage and added 3 additional translations to Portuguese (thnx to @JN_01), Turkish (thnx to @Bluemisk) and Spanish. We will continue to update and supplement the website; Conducted an agreement with a marketing agency oriented to Spanish-speaking countries.