Weekly Report #8
“The most powerful warriors are patience and time” Leon Tolstoi;
This week, the famous quote of Leon Tolstoi is the best introduction for weekly report #8.
At Equalizer we are dealing with Flash loans, so time is pretty obvious for us, is the key factor in our development, but patience is how we face every single day and every single issue, we know that every problem, has a solution, that every challenge is a milestone, that the most important things are the team and our community, and for that reason, at this time of the project is time to thank all the people working for Equalizer and making this project happen!!
Update #1 Development
Integration with ChainLink: Our development team is working to integrate the price feed oracles of ChainLink. We are preparing the testnet integration and we will test during the coming weeks.
Equalizer Bridge: Our bridge is fully operational since last week! It works smoothly and the feedback from our users is very positive.
Equalizer UI: we’ve taken into consideration your feedback and we’ve added the “light mode”
Roadmap — from Sprint 4 to Sprint 5: We have successfully finished Sprint 4 and now we are starting Sprint 5. In this sprint, we focus on fine tunings, security audit, end to end testing and bug fixes
Equalizer Technical progress:
Here highlighted in bold what is new from last week:
- 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 is being configured at 90% done
- Monitoring tools implemented at 90% done
- Security Policies are in place
- The Equalizer UI/UX is 90% developed
- The Flash Loans Smart Contracts are 90% developed
- The Core Services APIs are 60% developed
- The Yield Farming Smart Contracts are 40% developed
- The EQZ ERC20-BEP20 bridge is released on main-net.
- Started the selection of the audit companies
Update #2 Partnerships
Oasis Network :
We are proud to announce that Equalizer will join the DeFi revolution by introducing flash loan services with better scalability, security, privacy, and other additional features thanks to Oasis Protocol's key features.
The DeFi revolution started from the Ethereum network but it today extends far beyond it. This partnership was an opportunity that we could not miss.
Read here the full article:
Update #3 Marketing
It’s time for the marketing update, our intention and commitment are pretty easy, we want to make everyone aware of Equalizer, Flash Loans and the potential for its use in the DeFi ecosystem, that’s why we post every day about all of this.
Educational Video: In the 4th video, our teacher is explaining the advantages of the Equalizer Platform, like the lowest fees in the market, the largest selection of tokens and highly available liquidity for each token. If you are not convinced yet about the uniqueness of Equalizer, watch the full video
And of course, like every week, the full list of educational tweets :) check out all of them!
Equalizer Benefits & Advantages: https://twitter.com/EqualizerFlash/status/1396742798376845315?s=20
Equalizer Use case: Liquidations and Self-Liquidations https://twitter.com/EqualizerFlash/status/1400002523902136320?s=20
What’s the point of collateral swaps https://twitter.com/EqualizerFlash/status/1396016228406239236?s=20
Educational Post: How Arbitrage Work https://twitter.com/EqualizerFlash/status/1399285951894065159?s=20
Well and that’s all for this week, just a kind reminder our application mockup is available on our website 👉🏻 https://demo.equalizer.finance You are welcome to test, feel it and provide your feedback.
Looking forward to seeing you next week, until then, have a nice weekend.
The Equalizer Team
The Flash Loan force be with you!
Equalizer is the first dedicated flash loan marketplace built on top of a scalable infrastructure that can handle the rising demand of decentralized lending and borrowing and that can boost the trading volume of any listed asset. 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 multi-chain capabilities.
Equalizer enables profitable trading strategies for arbitrage, liquidations, portfolio rebalancing and collateral swapping.