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
- BONDS ARE OUT! Give it a try as a lender by setting your own LTV, fee and compounding settings. Or just go on borrow page and borrow at highest value and lowest fees on the market 🫰💰 We are just warming up, more releases are coming 🔥
- 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
- We shared an important and exciting governance proposal full of alpha in the holders-only announcement channel. We recommend you to go read it, ask any question you might have and vote in the governance channel 🗳
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
- With Smart Sea Society
- With DGENZ LUNCH BREAK
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)