Weekly report #15

Hello Equalizers,

We enjoy our summer very much as we are satisfied with the progress of our development. Even though we know it’s the holiday sesson, we focus on our mission as we are sure that what we build will have a powerful impact on the DeFi market.

We have been discussing internally the release’s planning, and in the report, you can find very useful information about all the activities, programs, and campaigns that we will launch together with the platform.

All these information and details are in our weekly report #15

Update #1 Development

What can we say? We have the best team! and we did it, our development has been following the established plan and we don't miss any milestone from the last 15 weeks, and today we are proud to say that we are just fine-tuning things but we can say that 95% of the development is done.

We have also received the preliminary audit report. It looks wonderful, with only a few issues to fix. We are working on them and prepare the testing phase.

In addition, we are preparing all the documentation to share with our community and also building examples of flash loan use.

For the technical weekly summary, here highlighted in bold what is new: (just a few left )

Equalizer Technical progress

  • The testing/staging environment is fully functional and prepared to support the ongoing development and testing
  • The CI/CD (continuous integration/continuous deployment) pipelines are fully functional
  • The production environment configured at 100% done
  • Monitoring tools implemented at 100% done
  • Security Policies are in place
  • The Equalizer UI/UX is 100% developed
  • The Flash Loans Smart Contracts are 100% developed
  • The Core Services APIs are 100% developed
  • The Yield Farming Smart Contracts are 100% developed
  • The EQZ ERC20-BEP20 bridge is functional on main-net.
  • Audit of the smart contacts — work in progress
  • Testing plan validated. Testing scenarios created 100%.
  • Testing process — 20% done. Bugs are being detected and fixed.
  • Documentation — 40% completed
  • Release plan — we target 2nd August-7th August
  • Chainlink price feed integration 100% done

Update #2 Bucharest Event

What magical moments, during the night of 21 of July we did the first Meetup with our community, this time we selected Bucharest and we can not be more happier with the feedback, so many interesting discussions, smart questions, good vibes, fun, and the more important thing, we did many new friends. Thank you to all the persons present there for being part of our journey

👉🏻 If you missed this session, don’t worry, here the 2 presentations presented during the Meetup, cutt.ly/Em4LBUC and https://cutt.ly/cm4L8Zm 👈🏻

🚀 Also some photos of the event:

Update #3 Marketing

Meme Contest: This has been so far the best contest until the moment, we enjoyed it a lot, seeing your proposals and original ideas! We have the best community of DeFi!

We announce the result and we have 3 winners! Congratulations to all of them and thank you to everyone that participates in this funny contest!

👉🏻 Here are the results:

Equalizer Launch Campaign: As we said in the intro, we have decided simultaneously for the launch of the platform a series of activities for our community, this will be an amazing opportunity for Borrowers and Liquidity providers to increase their engagement with Equalizer and in return, we will place a great incentive for them, just a teaser about what we are preparing!

  1. Liquidity Providers Referral program
  2. Contest for top DeFi Arbitrageurs
  3. Bounty Bug Campaigns
  4. Video Tutorial about how to use Flash Loans
  5. Five new AMA sessions
  6. Open access to the platform in Rinkeby Testnet

And much more that we can not disclose yet, so keep tuned with us!

Thank you to everyone that follows us during our journey, we are close to paying back your support soon, meantime, we wish a great weekend to everyone!

The Equalizer Team
The Flash Loan force be with you!

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About Equalizer

Equalizer is the first dedicated flash loan marketplace built on top of a multi-chain infrastructure that can handle the rising demand of decentralized lending and borrowing, which can boost any listed asset’s trading volume. It offers top benefits over the popular do-it-all DeFi protocols and sets itself a class apart by offering lower fees, a virtually unlimited choice of token vaults, high liquidity through yield farming, and scalable infrastructure.

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