Weekly update #11 — Tech Updates

On the DEX side

Now that staking is online, we can finally get back to working on the exciting stuff — the DEX!

Before continuing work on the DEX’s periphery contract, we are planning to make a few interesting changes in the core contract:

  1. This week (and maybe parts of next week) we will modify the code related to liquidity provisioning in the DEX. These new modifications will enable liquidity provisioning with significantly lower gas fees than what users are used to seeing in DEXs. We will hopefully be able to provide a more detailed blog post on this at the end of next week.
  2. We have also identified a way to make the swaps on our DEX more gas efficient. Once the new way for liquidity provisioning is enabled, we will update some parts in our swap function.

These adjustments might seem a low priority to some, but we think that focusing on better gas efficiency will lead to a significantly better user experience.

After the gas optimizations are done and tested during the next two to three weeks, we will focus on the final parts of the periphery contract.

On the Frontend side

We are working on refactoring large parts of the frontend codebase for better maintainability and better user experience. After communicating to a lot of users, we have decided that it will be of high importance to modify the app experience, especially for mobile users. Before the DEX launch, users can expect to see a very different app design and experience.

About XFai

XFai develops tooling for the DeFi space, graphing it to build game-changing products. The XFai DEX is set to invite mid and small-cap tokens to start earning APY on their token holdings. We are aiming to become industry-first in providing a more efficient, transparent, and fair way for everyone to get involved at an early stage. The LGE for XFai’s native token, XFIT, was launched on 16th April 2021. We invite everyone to join the DeFi revolution, spearheaded by XFai.

Reach XFai

Website | Telegram | Telegram Announcement| Twitter | GitHub

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XFai

XFai

XFai develops tooling for the DeFi space – we graph the DeFi space to build game-changing products. Starting with the DLO: the DEX Liquidity Oracle