Equalizer Finance released Weekly Report #15

Equalizer Finance enjoyed its summer very much as they are satisfied with the progress of their development. Even though they know it’s the holiday sesson, they focus on their mission as they are sure that what they build will have a powerful impact on the DeFi market.

Equalizer 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 they will launch together with the platform.

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

Update #1 Development

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

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

In addition, they are preparing all the documentation to share with their 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 they did the first Meetup with their community, this time they selected Bucharest and they can not be more happier with the feedback, so many interesting discussions, smart questions, good vibes, fun, and the more important thing, they did many new friends. Thank you to all the persons present there for being part of their 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, they enjoyed it a lot, seeing your proposals and original ideas! They have the best community of DeFi!

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

👉🏻 Here are the results:

… and he winners are:

🥇1st – no. 3 – $150
🥈2nd – no. 2 – $100
🥉3rd – no. 5 – $50

*selected based on the number of votes from the community @EQZ #defi #flashloans https://t.co/oWKp6IskFd

— Equalizer Finance (@EqualizerFlash) July 23, 2021

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

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.

📰 INFO

https://equalizer-finance.medium.com/weekly-report-15-494a8a703ee8