Monthly Updates Vol. 16

A lot has been done in April, so it’s time for a review: meet the new episode of monthly updates from the Qoda team.

Qoda DAO and QODA token

As we approach the token launch, here’s our latest progress in building future Qoda DAO.

There will be a single Qoda DAO DApp that enables you to manage your QODA, veQODA (staked QODA), and staking rewards. Governance functionality will be added step-by-step in the future.

Smart contracts implementation was completed in April (QODA ERC-20, veQODA ERC-20, and Reward Distributor). The audit process has already started. We’ll share all the details once it is finished.

The QODA token will be launched in late May on Fjord Foundry. We’re working on the updated documentation, tokenomics, and all the related details and will be sharing them with you, Qommunity.

QODEX holders, Qountdown Phase 1 and Phase 2 winners, and all other participants eligible for QODA rewards will receive tokens on the TGE. Distribution details will be published closer to the event.

Product development

Moonriver and Moonbeam deployments were shut down. Qonstant DApp works now only on the Arbitrum One network.

We worked on the smart contracts development needed for the DAO launch and listed in the section above.

We updated the Threebalance DApp UI and now all your portfolios in different networks are available on the same screen.

We also made improvements to the portfolio loading page to speed things up.

One more new development is coupon codes. Now, on step 3 of the rebalancing flow, you can apply a code and receive a discount. We’ll be sharing codes with the Qommunity through different events. If you are interested in receiving discounts, just sign up for our newsletter. We’ll drop a promo code to all the subscribers in May.

Some other updates for Threebalance:

• We working on the “My Account” section that allows users to view their rebalance and swap history.
• A new ranking system will be launched later that unlocks different tiers based on how much volume you swap via Threebalance.

Qommunity Updates

We launched the second phase of the Qountdown event, where everyone who traded more than $200 on Qonstant or Threebalance can be eligible and share additional 1,000,000 QODA tokens.

Qoda’s new website is out. Check it out here and subscribe to the newsletter: https://www.qoda.fi/

We’ve launched a shared event together with 1inch. If you are using Threebalance, don’t miss this opportunity to win QODA guaranteed.

Grand Prix is finished. The April season was the last one, the rewards were sent to the winners. In May and coming months we are hosting other events instead.

Educational materials

How to use Threebalance for advanced DEX trading:

Watch the video to understand some common mistakes when timing the market:

Read the tweet to understand benefits of using Qoda Loans:

We are launching QODA token in May, so preparing a lot of content about the airdrop, token, launchpad, and TGE. Stay tuned and follow un X and Discord.