Roel (CEO): “We are working hard to achieve the coming milestones. All the way long, Demodyfi precisely followed the roadmap, releasing in time. Keeping promises is a part of our corporate identity, and we’re proud of it.
Therefore, we want to thank you all for the support, and thank you for being with us this far!”
A strong and active community is getting more and more critical for the success of projects. We want to improve transparency about the development through this update. We will be applying newsletters to be more connected with our community. With the increased demand for transparency about the Demodyfi project and its development, we would like to share this technical update to keep our investors updated. As an investor in the cryptocurrency space, you sometimes felt left alone after investing in promising projects.
In this bi-weekly Community update, we will be sharing all the necessary project- and development updates, so you know what’s going on behind the scenes. We will start with the technical part, as we are approaching some vast developments, which we cannot wait to share.
Let’s get to the juicy development part!
The preparation and deployment of the Test net infrastructure are going very well. Our team has moved mountains to prepare everything required for the production launch of the platform — please find details below:
➡️ Working on the UI and UX for main dapp at DemodyFi.app
➡️ Final testing of Pooling contracts and dapp for the launch on multi-chain. (done)
➡️ The development of demodyfi.js (Demodyfi’s protocol sdk) for cross-chain transactions
➡️ The development of Moonbeam <> Polygon bridge is in final stages and being alpha tested
➡️ Started work on design and architecture of the Demodyfi protocol contracts in ink programming language for substrate(rust contracts) based chains
Next development steps
An important phase in our quest to conquer the market awaits us. After the launch of our staking feature, we will actively attract consumers and suppliers of computing resources to our platform. We will continue to scale our project, improve product UX, and make the product accessible for all users in Defi.
💫 We’ll disrupt the world of DeFi in a matter of weeks. Be ready. We’re coming! 💫
Defi challenges our “next” ambition and vision in the way we think about current financial products. DemodyFI stands for “thinking differently and diverging from the way we currently think and act throughout finance.
We want to share our passion and build value by enhancing and innovating monetary products in a decentralized way using blockchain. We also conclude that economies should be decentralized, yet rational and that doing so would create a social impact to this space.