Feeder Finance Weekly Update – Jan 9, 2022

TL;DR

  • Roadmap:  The team is still working on the roadmap to align with the development that is sprinting away.  We’re preparing infographics to accompany the article for maximum impact; won’t be long now.
  • New Staking Page:  The new Staking page has been released with much more to come from copy fixes, additional information throughout the platform to clarify which products are ready for a fee reduction, and more.  The percentage of FEED staked has correspondingly increased, which tells us it’s been impacting decisions!
  • Feeder Finance Lending:  The audit has been officially released with no issues of concern.  The roadmap will detail what P2P lending will look like mechanically through infographics.  We’re still preparing everything for launch, and it will be a dated event, so stay tuned for the announcement.
  • Vaults:  Deployed ~40 vaults over the past week on FTM and are now at 100 vaults.  Finalizing some FTM vaults and testing new chain vaults, which shall be released and announced soon after roadmap release.
  • Portfolio Upgrade:  Portfolio upgrade UI is complete, cleaning up APIs/front-end sync, and we’re good to go! 
  • Minor Updates:  A bunch of them this week from ‘New’ vault badges, network badges, new filtering section update, and more!

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

Roadmap Release

The team is still working on the roadmap to align with the development that is sprinting away. We’re preparing infographics to accompany the article for maximum impact; won’t be long now.

We’ve worked on infographics and visuals to go with the roadmap and need to shift things around as development has been incredibly fast and impacts what we expect to deliver.

The roadmap itself will also serve as a tool for us to market the lending launch event and therefore needs to be strong and can’t be rushed. We’re almost there, though, so it won’t be long now.

Development Update

All New Staking Page & Massive Utility

Feeder Finance Staking Page

The new Staking page has been released with much more to come from copy fixes, additional information throughout the platform to clarify which products are ready for a fee reduction, and more.  The percentage of FEED staked has correspondingly increased, which tells us it’s been impacting decisions!

Our months of development for countless tools and features are now primarily exclusive to the Feeder community.  Now that’s powerful.

The new Staking page now clearly shows the FEED token utilities, from access to features and discounted fees.  As we add more features, products, and tools, we’ll continue to include an angle where sFEED makes a difference.  This means utilities grow as we grow the strength and use cases of the platform.  Many of you have seen how much we can build in eight months from zero.  The speed of development is exponential, meaning it will only get faster.

From a long-term user/investor standpoint, it will likely become more and more expensive to get a hold of these features and discounts.  Core users, current and new, stack up on the limited token to make the best use of it.  Fee discounts are compelling.  A heavy user with a lot of money can save a tremendous amount of money on fees, making holding FEED a very economical move; remember, Tier 5 pays no entry and exit fees.  That means for a $1 mil investment, she saves $2,000 going in and out.  

You can find out more about what sFEED really does and why it is and will be more and more important here: https://docs.feeder.finance/sfeed-ecosystem

Feeder P2P Lending Revolution

The audit has been officially released with no issues of concern.  The roadmap will detail what P2P lending will look like mechanically through infographics.  We’re still preparing everything for launch, and it will be a dated event, so stay tuned for the announcement.

The audit by Peckshield, as we’ve communicated, went well!  That leaves perfecting the UI a little and working on our launch process, then setting the launch date.

You’ll likely want to know “wen launch!?”, and that’s a valid question.  We’re taking our time with this and don’t want to rush the launch as we’ve communicated before.  We need both lenders and borrowers to be on board and as many of them as possible.  So aside from everything we’re working on, we’re also working on whatever is needed to have a fun and engaging launch event.  Having said that, you won’t have to wait long!

Also, we’ve come across some projects that are already excited about becoming borrowers by collateralizing their project’s token.  This makes a lot of sense because developers believe in their projects.  They see their token appreciate over time but do need funds for development.  As it is for us, for these guys, selling their token to fund growth is painful.  With our P2P lending, they don’t have to – which is what excites them and excited us!

Stay tuned for the launch event date announcement! 

Vaults

Deployed ~40 vaults over the past week on FTM and are now at 100 vaults.  Finalizing some FTM vaults and testing new chain vaults, which shall be released and announced soon after roadmap release.

One of the reasons we’re moving incredibly quickly is because we’ve spent a lot of resources on completing FTM coverage.  Which we should do by the end of next week.  That also means we’re already starting to test contracts for the upcoming chain.  We’ll be in a lot of them in a very short time; more on this in the roadmap.

There aren’t many projects that offer yield aggregation and have as many product selections as we do.  We’re only on two chains and have close to 200 products.  Let your imagination run wild for now, and think about where we will be in the next 3 months. 

I’ve said this before, don’t think of us as a yield aggregator.  That’s just one piece of the ecosystem.  Think of us as “Binance of DeFi.”  Everything under one roof, the “All-in-One DeFi Platform”.

Portfolio

Portfolio upgrade UI is complete, cleaning up APIs-front-end sync, and we’re good to go! 

Jimmy’s more excited than anyone about this release, and he doesn’t get excited easily, so it’s pretty cool, to say the least.

We’ve already been testing the upgrade live today, and for the most part, it works well.  Only minor UI adjustments to make things flexible enough to handle wild swings or smaller balances and so on.  Just little details, really, so we’re super close.  You can start holding your breath now.

Other Minor Updates

  • Charting tool: Partner identified and pending development capital.
  • Referral Leadership board: A lot of API work to be done here, which we’ll circle around to
  • Mobile Search Box Update:  If you’re a heavy mobile user, you’ll realize that the homepage search bar results look different; we’re made some minor updates to improve the UX there
  • Search &  Filter Update:  Our non-stop development and progress make keeping things static across the entire platform very hard. The most recent update to the filtering section should give you a hint of what we’re preparing for!
  • ‘New’ Badge: New vaults now come with a badge; we’ve also re-ordered the default starting point for the ‘Invest’ page to order by latest vaults so you can keep track of the latest releases!
Feeder Finance 'New' Badge
  • Network Badge: You’ll now see a network badge when connected to a network that certain vaults are not on.  So if connected to FTM, you’ll see BSC badges to let you know these are on BSC.
Feeder Finance Network Badge

Time stamp:  Week 36 of Feeder Finance