Soldex Monthly Report: March 2022

Hello Soldex community,

Just as spring adds new life to everything, we’re adding new features to our DEX to make it stronger.

Despite the war and geopolitical situation worldwide, we’re working harder to exceed all expectations.

From an important collaboration to integrating different parts of the DEX, here’s a quick summary of our March achievements:

Integrating with Chainlink

We integrated with Chainlink, the industry-leading decentralized oracle network. Our integration with Chainlink Price Feeds, will give Soldex smart contracts access to high-quality market data that will be used to support accurate conversions on our platform and help create and manage arbitrage strategies between different exchanges. With Chainlink decentralized oracle networks, we will be able to retrieve off-chain price data in a simple, secure, and decentralized manner and execute actions based on that data. The trading bot layer will also use Chainlink Price Feeds to help create and manage arbitrage strategies between different exchanges.

We recreated our pool’s interface

We designed our pool’s interface to look more expensive and user friendly.

Here’s an image showing the most recent look:

More updates from our Development Team

‘First of all, some internal updates: since Soldex recently hired more developers into the team, the project is moving from an outsourced development model to having its own in-house development team. With all development of the DEX happening internally, it will allow for better communication, code quality, and internal control of the software… Because of the partial code transition from team to team, we went slightly behind the schedule as there were some additional changes required to the existing DEX code. But we should have the clickable and testable prototype for public by March 31st. The mainnet version will be live as per the schedule on the image.’ -Max Yampolsky (General Manager, Soldex)

Here’s a detailed timeline of the achievements of our Development Team in March:

1st to 11th March

We optimized the Swap feature of DEX to be able to do the following:

  • Load and show currencies list
  • Show exchange info
  • Show Settings

14th to 18th March

We deployed the Swap feature and enabled it to make swaps. We also fixed major bugs.

19th to 25th March

Within this timeline, we focused on the DEX’s Pool. We optimized the following:

  • Pools list
  • Pools search
  • Deposit
  • Withdraw
  • Public Devnet.

We also fixed the major bugs in the Pool feature of the DEX.

26th March to 1st April

Finally, we processed the SWAP and Pools UI errors.

More educational content

Soldex Global Academy published more content on the Youtube channel of our academy.

Check out our new videos here.

Follow our academy socials on Twitter, Facebook, and Telegram.

What’s next?

The first thing you should expect is the devnet, as our development team is working hard to provide the devnet to the public by the beginning of the next week.

As the development team needs more time for internal testing before public release to avoid the risks the Swap and Pools Devnet is expected to be released to the public on Monday, April 4th.

The next and even more exciting update is the launching of the Swap and Pools mainnet by April 21st.

From our Marketing Team

We understand the importance of marketing in the competitive DeFi space. So we have set in place strong marketing plans we will execute after the Swaps and Pools mainnet is launched. These plans include:

  • Collaborating with advisors, DeFi marketing agencies, Key Opinion Leaders, and DeFi influencers.
  • Producing DeFi media articles about Soldex on major DeFi media sites.

We intend to use all our available connections to ensure that Soldex is heard and seen by the public.

From our Development Team

Below is a detailed timeline of future milestones to be expected from our development team:

1st April to 30th April

  • Integrating Jupiter
  • Farming smart contract
  • Mainnet — Swap and Pools
  • Farming UI
  • UI Trade
  • Layout Trade
  • Release of the public mainnet.

1st May to 31st May

  • Farm Integration
  • Farm Devnet Internal
  • Frontend Trade

1st June to 30th June

  • Farm Devnet
  • Farm Mainnet
  • Front-end Trade
  • Back-end Trade
  • Serum integration Trade.

July/August

Trade Order book Mainnet

From Soldex Global Academy

We continually upload explainer videos on the YouTube channel of our academy.

Also, our academy will soon be available on the website as a separate module where you can navigate between different videos and articles published.

From you

We’ll achieve nothing without you. We understand the power of community in the DeFi space, so we encourage you to support by:

  • Hodling SOLX
  • Talking to your friends and family about the Soldex project
  • Promoting the protocol once the mainnet is live and running
  • Being an active community member

About Soldex

Soldex is the fastest, easiest, and most user-friendly third-generation DEX being built on Solana.

Working on all market conditions, 24/7, with emotionless machine-learning and neural network algorithms, Soldex is the next step in DeFi evolution.

Soldex will resolve the issues faced by order-matching centralized exchanges and trustless custody within current decentralized exchanges.

For more information on Soldex, please visit our website. You can also follow us on Twitter, Facebook, Telegram, or Medium.

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A native, scalable and decentralized exchange governed by the community. Powered by Solana.

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