August: Monthly Update

The month of August was a continued consolidation of sorts for Bonded Finance. Internally, there is a stride and pace that represents closing in on some long-awaited developments. For our community and supporters, it is overdue; the proverbial long time coming. The door is being knocked on now and will be answered shortly. To begin.

Listing Updates:

Marketing:

New Team Members:

Konstantin Shirokov, Marketing Director — Based in Moscow, Konstantin received a masters degree in marketing and has spent the majority of his career as a marketer in FinTech since becoming enamored with the blockchain space roughly four years ago. For Bonded, his traditional but tech-centric background is a plus but it is his understanding of crypto related social media that matters; particularly international communities. Besides, he’s a fellow altcoin enthusiast and offered the following: “I’m so excited to be onboard with Bonded Finance to build a more effective new financial system. As an altcoin holder myself I anticipate for the launch of the Primary Lending Facility. DeFi is a game changer in how the capital works and Bonded is a game changer in DeFi.”

Carlos Cano, Content Creation — Carlos Cano is a self-confessed digital nomad, podcaster, who by happy accident or fate found his into cryptocurrencies in 2017. Like Konstantin, he has a degree in marketing but his metier and work as a writer, content creator, and coordinator for crypto research firms, 8-figure raising ICOs, and marketing agencies is where he cut his teeth in crypto. His work has already been published on Medium here and he will set the tone and voice for Bonded going forward. Another long-term altcoin holder, he looks forward to putting his long bags to work.

Stacking Rewards Programme

The Tech Front

  • Primary Lending Platform — continuous updates and refinements to the UI. User experience notably improved over the UI that was recently presented in our recent YouTube video.
  • Progressive Livenet Deployment — myriad components of the platform, including but not limited to — collateral deposit, stablecoin asset deposits, borrowing and the BOND staking function.
  • BOND single asset staking — currently in development in tandem with complementary developments.
  • Testing — continuous, all components
  • Smart Contract Audit — final scheduling
  • Mainnet Release Dates — to be published very shortly.

The Nitty Gritty Interim Report:

  1. Updated UI designs for borrower dash
  2. Testing lending platform smart contracts
  3. Updated UI designs (pop-ups, tables, loan health factor)
  4. Finished stage environment setup (back-end, dev-ops)
  5. Finished API to display new parameters on the borrower dashboard.
  6. Finished Index market chart API
  7. Finished deployment of proxy contracts
  8. Finished all UI layouts
  9. Finished borrow function implementation
  10. Finished repayment smart contract
  11. Unit tests for borrow and repay have commenced.

Conclusion

Algorithmic smart instruments and decentralised financial products for digital assets.