FRAKT Weekly update — 2023 week 13

FRAKT
3 min readApr 4, 2023

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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

  • We have updated the metadata on all Frakts and Gnomies to clearly display the amount of Partner and Player Points each NFT is worth
  • After minting your BANX for FREE in a few weeks, using your Frakts & Gnomies as WL tokens, Banx will retain all Player and Partner Points for FRAKT benefits. At the same time it will unify our art, market cap, sales volumes, brand recognition/relatability, and more

Marketing

  • Working on Governance proposal
  • Working on Gitbook documentation updates
  • Working on GTM growth campaigns for Bonds (Comms & Bizdev)
  • Working with loan aggregators so they properly display FRAKT as the most competitive lending protocol on Solana (best terms for borrowers)

PFP

  • Finalising work on rare furs & skins
  • Finalising work on Eyewear layer
  • Preparing the custom mint experience & associated mechanisms (locking Frakts & Gnomies, …)
  • Shared two more sneak peaks 🔥

Listings

  • Fearless_Bulls for both Flip and Perpetual loans
  • Dworfz, Ooze and Toonies for Flip loans
  • All collections listed for Perpetual loans and Flip loans have been listed for Bonds

AMAs

Community

  • Bonds release Qwestive (still open): Explain your favorite features/competitive advantages for borrowers and/or lenders 🫰💰
  • The FRAKT community is just amazing and this thread says it all
  • Congrats to the winners of this epic Meme contest 🤣

Design & Development

Bonds

  • We released Bonds with autocompound, bulk loans integration and new pro lending UI
  • Pushed several quick fixes and quick improvements. More currently ongoing
  • We are preparing for the imminent release of our Automated Lending Strategies and a special growth hack we can’t wait to communicate
  • Finalising “My loans” pro UI
  • Finalising “Bulk loans” pro UI
  • Working on “Rewards” tab UI
  • Smart contract devs are already working on next features to be released on top of Bonds: Mortgages, Refinancing and Selling active loans (instead of repaying)

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