IDEX Weekly Update | Week of Sep 27,2021
IDEX released Weekly Update by Sep 27, 2021 about Staking Rewards & Requirements, Infrastructure, & Testing.
🔹Marketing
- The 2x Staking Rewards promotion has concluded. We have seen 35 new staking nodes come online which is amazing to see! As a reminder, the minimum IDEX required to run a node has been reduced from 10,000 to 5,000. Learn more about staking here.
- The AMA with Alex Wearn (CEO, IDEX) and IndexCoop is now available for listening on-demand. Take a dive and get more insight into how IDEX v3 went from idea to product.
- The IDEX team hosted an AMA with Pickle Finance as we prepare to explore our partnership further.
🔹Client and UI
- The following items are ready for validation testing once the SDK has been implemented into the backend:
- Matic token faucet
- Hybrid liquidity UI
- Exchange swap UI
🔹Infrastructure
- Completed an overhaul of the backend infrastructure to make testing more efficient; took some extra time up front that will pay dividends in this final stretch
🔹Testing
- There were 2 transaction reversions in testing over the last few days. Upon further investigation it was determined that there were some small edge cases in the off-chain infrastructure that can cause transactions to fail. These edge cases only showed up in testing and have since been patched.
🔹API
- REST API — All changes have been implemented and are currently being validated
- Websocket — All changes have been implemented and are currently being validated
🔹System Controls
- New controls need to be added to the admin panel, currently blocked by the API work
About IDEX
IDEX is the most powerful DEX in the market, giving users the performance and throughput of a centralized exchange without sacrificing security.
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