October Development — Updates and Roadmap

We are gearing up for the release of the most recent Ecosystem developments on the ActaFi Ecosystem Testnet. This week, we dive into the development updates of September: Liquidity aggregator, Farming, the ActaFi DAO, and a new team member that joined the Acta Fam.

Testing the Liquidity Aggregator

We started testing out the Liquidity Aggregation functionalities on our devnet. Below you can find our test transactions on the Avalanche Testnet for both direct and indirect pairs’ liquidity aggregation:

The integration to the ActaFi testnet frontend is planned to happen in October.

Next steps:

  1. Integration with multiple liquidity pools of DEXs within the Avalanche ecosystem.
  2. Integrate licensed and professional TA charts from TradingView.
  3. Start due diligence on which networks to integrate to become chain agnostic with the liquidity aggregator.
  4. Integrate other web3 wallets to ensure access with people to their favorite web3 wallet.

Liquidity Farming

Our Liquidity farming factory, which allows the issuance of Farming pools, is completed. We have polished the farming pools’ mechanism to guarantee user-friendliness.

Designs are being worked on with web designer, which will be shared with the community when ready. We aim for the frontend team to start the development of the Farming pages in approximately 5 weeks, after completing the development of the analytics pages and integrating the Technical Analysis (TA) charts on ActaFi Swap.

Analytics Overview first look pushed to testnet

We successfully integrated the ActaFi Analytics overview page to our testnet. Users will now be able to see an overview of the ActaFi Swap including:

  • Total Value Locked
  • Volume traded
  • Top tokens
  • Top pools
  • Top movers
  • Transaction history

Next week, we will push another batch of pages to the test net, which we will also share in our weekly Development Blog.

The first piece of DAO code

Our Smart Contract developer is working on the DAO smart contracts in the coming weeks. You can find the first piece of code for the ActaFi DAO in the image below.

We are looking to have our DAO completed, inclusive frontend, in 12 weeks. Adding an additional 2–3 weeks for bug fixing and resolving the frontend backlog, for the reason that in case the DAO votes to get listed straight away, we won’t have the time to resolve these backlog bugs and issues. More news about the DAO program will be released next week!

General development update

ActaFi came to a point of the size that development of platform updates take longer to develop, polish, and test as the connected puzzle pieces get bigger. We can not push things to testnet that are in process, we will however keep sharing sneak previews of the designs that are getting developed with our community.

Team update

We are happy to announce that Abraham started as Senior Frontend Developer. He joined the ActaFi team to help resolve the front-end backlog. Read the interview with Abraham.

Follow our Social Media Channels to stay up to date.🚀

Website | Twitter | Medium | LinkedIn | Telegram

About Acta Finance

Acta Finance is a two times award-winning (Malta 2021, Toronto 2022) cross-chain DeFi platform governed by smart contracts that innovates the DeFi industry with the ActaFi Ecosystem. Acta Finance introduces a Referral Program, Address Milestone Rewards, and a DAO Program to support platform growth and user activity-based rewards. By offering derivatives in a decentralized way, through ActaFi Swap, Acta Finance aims to counter the manipulated liquidation events on centralized entities by using a decentralized price feed and a cross-chain liquidity aggregation.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Acta Finance

Acta Finance

598 Followers

Acta Finance (ActaFi) is a cross-dual-chain DeFi ecosystem, powered by Cardano and Avalanche.