Weekly Report #16

Dear Equalizers,

It has been a long journey but finally after 16 intensive weeks of development, strategy and coffee (so much coffee) we are proud to announce that Equalizer platform will be soon released, in line with the top quality standards and top security requirements.

Following the latest progress we are proud to share with you the release planning:

• The development is completed, the audit is almost done and the tests are close to the final stage.
• 2nd to 7th August — we deploy the smart contracts and the platform in the Ethereum main-net, as mentioned last week.
• 2nd to 7th August (same period) — we open the access to the Rinkeby test-net and we invite the community and the developers to test the platform and to report bugs (bug bounty campaign will be also launched)
• 7th to 14th August — we fix all the reported bugs, we run the vulnerability scanning, the final security assessment and we apply all the optimations in both Rinkeby test-net and Ethereum main-net.
• 14th to 17th August — we open the access to the platform in the main-net and we bootstrap the user acquisition program.

If we are at this stage is thanks to everyone that supported our project, and there is no better moment to say thanks back to all of you, just to special mention our Core team, Technical team, Marketing Team, Advisors, Investors and Partners and collaborators.

We know that the launch of the platform is not the last step of our journey, but just the beginning. So having the platform launched we will concentrate our efforts in two directions that will require the support of our amazing community:

• generate usage in the platform by engaging borrowers and lenders to access Equalizer’s Flash Loan services.
• optimizations and adding new features, based on user feedback.

Update #1 Development

After few things left is better to let you know what is missing and what we have done, here are the details:

Equalizer Technical progress

• 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
• Audit of the Flash Loans smart contracts — completed, all the issues are fixed and we are waiting for the final report
• Audit of the Yield Farming smart contracts — work in progress, last issues are being fixed and getting ready for the final report
• Testing process — 50% done. Bugs are being detected and fixed.
• Documentation — 60% completed

Update #2 Marketing

This week you can find a useful interview from @Cryptopotato, where Equalizer’s Project lead, explain in detail the risks of DeFi Flash Loans but also how to mitigate them and how to profit thanks to solutions like Equalizer.

read the full article here: https://cryptopotato.com/flash-loans-the-existing-threats-and-the-ways-of-avoiding-them-interview/

Twitter Bounty Campaign: As we know how you are looking forward to supporting Equalizer and making everyone aware about the release of the platform, there is no better way than reward this behavior, read more in this tweet:

Truswallet: This week we have been updated the $EQZ BEP20 price feed in Trust Wallet on the Binance Smart Chain section.

From here we wish you a nice weekend and calling all of you to support Equalizer for the next 2 weeks for its release, and don’t hesitate to let any friend, colleague, or family know about this, be our ambassadors and let anyone be part of one of the best solution in the DeFi market!

Have a nice weekend, see you soon!

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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