Hey everyone ☀️
Can you feel that green acid 🟢 running through your veins?
It’s the FRAKT Alpha kick.
LFG!
(Previous weekly update is available here)
General news
- Target date for Bonds official release is end of March and we are currently on schedule 🔥
- Once we roll out Bonds and Automated Lending Strategies then FRAKT will offer the most scalable, composable and competitive NFT lending architecture on any chain 👑
- Automated Lending Strategies are now working in test environment and will be released together with Bonds at official release 🤑
- We celebrated our merger anniversary and can’t wait for the final step of this merger by unifying Fraks & Gnomies into the Banx collection 🎉
Banx PFP
- Processing community feedback on SETS™️
- Working on rare furs & skins
- Working on Eyewear layer
- Completed Clothes, Headwear, Eyes & Mouth layers
- Working on the custom mint experience & associated mechanisms (locking Frakts & Gnomies, …)
- Shared two more sneak peaks 🔥
Growth & Marketing
- Working on massive Bonds Go-To-Market strategy & sequence
- Working on commnication to reassure community on capital efficiency (loan values) being maintained for Gnomies & improved for rare Frakts at post-mint floor unification
- Progress on Player/Partner points recap infographic
- Validated mint mechanics
- Validated gamified rewards systems (for both holders & users) 🤑
- Twitter space with Meteora on their integration with FRAKT
- @HawksightCo DEFI yield strategies currently contributed over 6,500 SOL to FRAKT TVL, which further highlights the strong potential of DEFI integrations made possible by building a composable protocol
Community
- Preparing for our next meme contest 😃
- Over the last week, we underwent a Discord revamp in anticipation of new buyers and new protocol users due to Banx PFP mint and Bonds release. You will now see:
✅ Revamped welcome flow for new owners and users
✅ Frakt acid green in all welcome channels
✅ Easy to locate official links and bot commands
✅ Channel descriptions for all channels
✅ More intuitive channel order and removal of unused channels
Listings
- The Bastards, oogy and Wolf Capital for Flip loans 30% LTV
Design & Development
Bonds
- Finalising auto-compounding
- Finalising bulk loans integration so that our algorythms also include Bonds
- Finalising notifications for lenders
- Finalising “Bonds History” section
- Still working on pro UI for “My loans“ section
- Fixing the remaining bugs
- Improved UI for Strategies (on depositor side)
- PNFTs
- Listing admin is ready
Others
- Still working on pro UI for bulk loans
