Feeder Finance Weekly Update – Dec 5, 2021

TL;DR

  • Lending: Progressing quickly towards completion; submitting soon to PeckShield.
  • Social DeFi: The first piece of Social DeFi has been released with more upgrades like Notification, Leadership Board, Upvotes, and more to come. 
  • Portfolio Upgrade:  The major upgrade was delayed due to the BSC node issue, but other improvements are being developed, especially to allow FTM and future add-on networks to function when BSC is down.
  • Other Minor Upgrades include Exchange Settings Save and Product Description Tooltip; and soon-to-come Currency Toggle. 

Community Support

  1. Twitter  – Follow & RT & Like
  2. Announcement Channel  – Follow & Forward Posts
  3. DappRadar  – Just Click
  4. Google Search Engine For Website  – Just Click
  5. Ape Board  – Upvote & Comment
  6. Zapper: Upvote & Comment
  7. Zerion – Upvote & Comment
  8. PancakeSwap – Star Us
  9. Blockfolio  – Upvote & Comment
  10. CoinGecko  – Star Us & Thumbs Up
  11. Dextools  – Watchlist & Thumbs Up
  12. CoinMarketCap  – Watchlist & Thumbs Up

Important Notice to RABBIT Vault Users

The Rabbit upgrade has disabled the withdrawl of funds from Rabbit vaults. Multiple projects currently vaulting at Rabbit have faced the same issue due from the upgrade; and have been in contact with Rabbit’s team since. Rabbit’s plan is to gather all projects with the issue and inform them all of a 30-min window to withdraw funds some time next week.

If you have funds in any of the vaults targeting Rabbit Finance, please make sure you stay current on our announcements, as we’ll make another (Offical News Channel: TG / Discord) announcement to inform you of the withdrawal window.

If you have any questions, please DM us. We will not DM first; and nobody can withdraw your funds until then, so please do not share your private keys with anyone.

Core Business Updates

Products Update 

We’re pushing to finish other core items but are preparing APIs to support product launches post those completions.

Rafael has been working on BabySwap and TenFi endpoints over the past week.

Lending Platform

Progressing quickly towards completion; submitting soon to PeckShield.

The core lending pieces have been completed, and initial tests have been conducted. We’ll need to create more extensive tests once we put the collateral vaulting piece together with the core lending piece. We’re hoping to start the testing this coming week.

Social DeFi

Feeder Finance Social DeFi

The first piece of Social DeFi has been released, with more upgrades to come. 

The first piece of Social DeFi has been released with the ability to review products through different scoring metrics.

The potential upgrades that we have in our pipeline are

  • Review upvotes
  • Notifications
  • Profile Pictures 
  • NFT Verification
  • Leadership Boards
  • Ability to Hide/Show Portfolio Size

Please feel free to let us know if you have other ideas, and we encourage you to start submitting reviews of the products you’re using and tell us why!

Portfolio Upgrade

The major upgrade was delayed due to the BSC node issue, but other improvements are being developed, especially to allow FTM and future add-on networks to function when BSC is down.

During the past couple of weeks, it was virtually impossible to do what we wanted to do on the data aggregation front due to BSC’s node instability.

We’ve dedicated resources to other parts of the Portfolio to help reduce problems for users when BSC does have node issues.

These include:

  • Splitting the backend between BSC and FTM, this way, FTM investments will function normally on the ‘Portfolio’ page when BSC does have issues. Note that FTM was never down since we launched.
  • Adding Withdrawal and Balance Check on the ‘Invest’ Page allows users to filter deposited tokens on the ‘Invest’ page. 

Other Updates

  • Backend Optimization: A lot of work is still being done here to minimize the impact of BSC node sync issues, taking away development time.  The team has also discussed turning more heavily towards FTM products as a focus and ensuring the platform’s multichain backend is desynchronized to keep specific network issues from disrupting the entire DApp. We’re also already thinking about adding more networks once the significant features are stabilized as we’re getting ever closer to that state.
  • Exchange Settings Save.  The green text above the swap button on the bottom left allows you to manually set your gas price and slippage controls. Prior to the upgrade, those settings would shift back to default when you revisit the DApp, they would be saved through Cookies now so you don’t have to set it up again.
Feeder Finance Exchange
  • Product Description Tooltip.  Feeders suggested it is rather time-consuming to have to go into the product pages to review what the product strategy is; we have added a tooltip on the ‘Invest’ page which should save a lot of time!
Feeder Finance Product Description Tooltip
  • Upcoming: Currency Toggle.  It’s been a long-time suggestion, and we’re almost there, so it would be a nice upgrade. We’ll probably have more currencies to align with our community groups but below is a snapshot.
Feeder Finance Portfolio Currencies

Time stamp:  Week 31 of Feeder Finance