We continue to work on developing Qonstant: delivering new features, moving to multichain, building partnerships, and much more. Here is the most important thing.
Product development
A little over a month has passed since the protocol was launched on the Moonbeam network.
We currently support USDC, USDT, GLMR, ETH, WBTC, DOT, and FRAX as collateral and USDC, GLMR, and xcDOT as market-tier assets. The list is still being determined as we continue to improve and develop it.
Yesterday, we launched a test of the protocol on the Arbitrum Goerli network. More information can be found here.
Instructions for the testnet can be found on our Discord.
From a design perspective, we added MIN/MAX buttons to our DApp in a recent update. They make it easier to enter specific amounts when lending, borrowing, and managing collaterals.
The team also worked on the smart contract and DApp architecture to execute our multi-chain vision. Security audit is also coming.
Some other updates to the program code and the DApp’s overall performance:
- Implemented focus state for checkboxes
- Implemented acceptable amount validations across all forms
- Fixed initial loading spinner UX
- Add syncing to DApp to ensure the data is always up to date
- Implement statistics on markets
Qommunity and partnerships
We are working on several integrations and partnerships in parallel to increase the number of assets supported by protocol. A new collateral-tier asset will be available very soon. We are almost finished with internal testing, so expect announcements.
We know that security is essential in Web3, so we also work on security audits. We are currently in talks with several well-known companies in the industry and will announce details very soon.
The sprint with the rewards for participation in the Moonbeam launch campaign is over. You can see the results on our Discord.