Monthly Updates Vol. 5

Learn more about what’s new in the protocol over the past month.

Written by Serhii Krutko. Published on May 18, 2023.

    News
Qoda Monthly Updates Volume 5

Learn more about what’s new in the protocol over the past month.

Launch on Moonbam

This is a significant milestone for the team and the protocol as a whole. Qoda is fully operational on the Moonbeam network now. The following currencies are available for collateral: USDC, USDT, GLMR, WETH, WBTC, xcDOT, FRAX.

Markets open for landing and borrowing: USDC, GLMR, xcDOT.

Go to the DApp: https://moonbeam.qoda.fi (now deprecated).

Qommunity call

More details about the launch on Moonbeam, the team’s upcoming plans, the token, multi-chain, and much more can be found in our latest Qommunity call, you can listen to it in the recording on X.

New features

Native token support. We are currently supporting the MOVR token for adding collateral on Moonriver and will enable it soon for the lending/borrowing market. GLMR and xcDOT are fully supported on Moonbeam as well. More tokens are coming.

Talisman wallet integration. We are happy to announce Qoda’s DApp integration with Talisman wallet. From now our users can use their Talisman wallets as well as Metamask.

Auto-wrapping. Qoda DApp on Moonbeam supports auto-wrapping your collateral into Moonwell mtokens. This enables you to earn interest on your collateral while you borrow against it.

Multi-network support. From now on, Qoda supports two networks, Moonbeam and Moonriver, using the same familiar design. The network can be selected while connecting to the DApp.

Design updates

  • Min/Max support for form fields.
  • Update some form field support and validation texts to make them more straightforward.
  • Design changes for supporting new wallets and multi-network.

New website

We have updated our main website. Looking for basic information about the protocol, unique features, and use cases? Visit https://qoda.fi.

Ambassador program

Phase 2 of the ambassador program was launched a couple of weeks ago for active community members. We are announcing public access now. If you would like to become an ambassador of the protocol, please make a Twitter thread about Qoda and fill out this form. We will contact the authors of all qualitative works and suitable candidates via email.

Qoda Launch Celebration

To celebrate the recent launch and win some rewards, join our community’s page on Zealy and participate in ongoing quests: https://zealy.io/c/qoda/questboard.

Also, Follow ongoing community activities on our Twitter.

Learn more about Qoda

For informational purposes only. Not financial advice. This blog post is subject to our Disclaimer.