Feeder Finance Daily Update June 22, 2021

TL;DR

  • Continuing to progress on DApp; merging backend and frontend
  • CertiK audit report received; pending their go-ahead for publishing
  • PeckShield vault audit in progress
  • Product docs section completed pending diagram 
  • Buyback commenced for this week
  • MemeContest is still going on guys! 

Core Updates

DApp

Progressing well, we’re already in the process of merging the backend and the frontend.  Jimmy is confident in Friday’s completion.   

Audits

  • CertiK has finally sent us the final version.  We’re waiting on them to confirm that we can publish it and for them to update their site.
  • PeckShield prelim vault contract report ETA Friday

Documentations & Launch Preparations

Docs:  Mostly done, only minor details left; we’re now waiting for the diagrams to be added

Product Diagram:  Paula working on this

Week 5 Buyback and Distribution Report

  • Transaction Hash: BSCScan
  • LPs Used: 836 FEED-BNB LP  
  • Total FEED: ~179,424 $FEED ($3,844 USDT)  
  • Staking Pool sFEED Redeem Rates Impact: 1.7548 -> 1.772 = 0.98%

Note:  On Saturday, we’re scheduled to reduce distribution down to 8 FEED per block from 10

On-Going Activities

Meme Contest:  LINK

Don’t forget to participate in our meme competition! I’d like to remind everyone of our rules for the event:
1) Post your meme to the twitter competition thread
2) Tag @FeederFinance, $FEED, and #FeederFinanceMemeContest and your favorite DeFi personality
3) Most upvotes + retweets wins (No cheating! We’ll know )

Competition ends 28/06 @ 12am GMT+1