Monthly Updates Vol. 11

November Updates are out! Read more about our plans to launch the QODA token, Threebalance, the markets page redesign, and much more.

Volume

Total trading volume on Qonstant has reached more than $700,000! Thank you!

Meet Threebalance

Threebalance is a new product in the Qoda DAO. It is a tool for rebalancing your crypto portfolio in 3 simple steps. Learn more in this tweet:

We’ve recently initiated the Threebalance launch and currently working on UI/UX and front-end development, as well as building the back-end to support rebalancing all in one place. If you are interested in such a tool, please join the early adopter’s program, and we’ll send you an invite to the private beta after the release. It is scheduled for the end of January 2024.

Qonstant Updates

We updated the interface for the market page. With the new design, you don’t need to scroll the page down. Both lend and borrow are available on the top screen. Check it now and let us know what you think.

We fixed a bug in the balance form field where the field itself wasn’t given focus when the MAX/MIN buttons were selected and fixed loading on All Markets page. Also, we updated the “New Loan” and “Publish Quote” forms’ “Notional Amount” maximum value calculation and support text.

We’re continuously improving our API to exchange protocol data with third-party integrations. For now, we are live on Intract with an on-chain task verification and planning a marketing campaign on Galxe.

Our team implemented changes to the Grand Prix and leaderboard bot to grant double points for users whose quotes are executed.

Business development

We’re currently negotiating market-maker agreements for Qonstant (coming soon). It’ll help us to provide deep liquidity for our users.

We’re also developing a referral system to reward individuals who refer users to Qonstant (coming soon).

One more direction we’re working on is token launch and token sale. It is scheduled for Q1 2024, and we’re drafting tokenomics and updating whitepapers for Qonstant and Threebalance, as well as developing an overall protocol strategy and roadmap for 2024.

Fill out the form and express your interest in the upcoming QODA token.

Qommunity Updates

Qoda Quest

Qoda Quest is our educational campaign to onboard new users to Qoda. It is available on Intract for two weeks (December 5–19).

Intract is one of the leading marketing platforms famous for its campaigns with Linea and Polygon zkEVM. Join the Quest!

Grand Prix

The November season is over, and rewards were distributed to the top 25 most active users. You can always check the results for a specific month using a Leaderboard bot in our Discord.

We also updated the conditions of participation in the Grand Prix. Since November, users who created quotes and whose quotes were executed have been rewarded with double points.

AMA with Arbitrum

Listen to the recording or read the text version, if you missed it:

New roles on Discord

As we’re developing 2 products now, Qonstant and Threebalance, we changed our Discord structure. Now you can select two new roles, Loans and Threebalance, to receive access to a specific category and updates. Please visit #roles channel and self-assign the roles.