Team’s monthly column is here. Find out about the latest product developments and community news.
Volume
We almost crossed $90,000 of organic traded loans on Qonstant’s Arbitrum deployment. 100k soon!
Thank you to our Qommunity, it’s awesome progress for our new rising protocol!
Product Development
We updated the Markets page with a New Loan feature.
Now, you don’t need to scroll the page down, and can specify your side right away in the quick trade form. So, it became quicker now and made lending and borrowing even easier for our users. Also, we combined past markets pages into a single list on the All Markets page.
We started to cooperate with Blast API and fixed FE/BE issues with RPC URLs. One more fix is an update to the list of QODEX holders who will receive QODA retrotrop, now the liquidity providers on Solarbeam are shown correctly.
We’re still working on QODA tokenomics and all the related issues, so stay tuned for the announcements.
We also improved our Discord bot used to track participants’ points in the Grand Prix event. And preparing an update to the competition, so expect it soon.
Qommunity Updates
The second season of Qoda Grand Prix was over. Check your place using Discord bot. The rewards were sent.
And don’t forget to join the Grand Prix competition in November. See ya!
On November 10th, Arbitrum will be hosting an AMA session with Qoda’s CEO Dhruv Dang. Join it for insightful discussion.
So pumped for this AMA. Got a big announcement to share with everyone. Make sure you tune in! #Qommunity [https://t.co/kkCBV51ACk](https://t.co/kkCBV51ACk)
— dhruvio.arb (@dhruvdang) November 4, 2023
Qoda has teamed up with Blast API and uses its infrastructure to ensure fast and reliable access to the blockchain data. To build decentralized infrastructure, Blast combines hundreds of 3rd party node providers with a state-of-the-art blockchain API platform.
Learn more:
🔴 @QodaFinance is the latest project to join the lineup of innovative dApps boosted by Blast infrastructure!
— Blast | Built by Bware Labs (@BlastAPI) October 26, 2023
Qoda offers a new approach to decentralized cryptocurrency loans, reshaping the current DeFi landscape!
👇 pic.twitter.com/DOtY1DBbvv
Qoda has an official account on DeBank now. Follow us for upcoming lucky draws and an early supporter badge.
We published a blog post explaining a cross-protocol yield, and how it can be maximized with borrowed assets. Learn more:
Stay tuned, more cool announcements are coming! Thank you for all the continuous support Qommunity!