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
- The Make Banx! Governance Proposal has officially passed with 98% voting in favour🔥 Community just gave the green light to start the frakt era 🚀
- Bonds are getting significant traction with close to 500 active Bonds just one week after launch
- A lot of alpha has been added to our Gitbook documentation 👀
- As promised, Bonds are only going to keep getting better. Last week we released a new “My Loans” page. Borrowers will now enjoy:
🟢 Row-based view to see loans more efficiently
🟢 Search bar & expanded filtering to quickly locate loans
Soon we will push:
🟢 Loan history with active, repaid, graced, & liquidated loans
Borrowers will still enjoy one of the top Frakt features, Bulk Repay and will soon be able extend active loans or sell active collaterals for SOL! Check it out! https://app/frakt.xyz/loans (edited)
Growth & Marketing
Big focus on Bonds + Banx Go-To-Market (Comms & Bizdev). Partners & DAOs are showing a huge appetite for BANX mint 🔥
Introducing the FRAKTLISTING
What is the FRAKTlisting exactly?
1/ invite your friends to perform basic actions
2/ approved people get into competition for WLs and other prizes
3/ invited friends turn into your refferals after campaign
More details in our documentation on Presales and WLs
Introducing the Leaderboard
Whats is the Leaderboard exactly?
1/ fraktlisted wallets get ranked based on activity
2/ the higher the rank — the better rewards
3/ every inviter makes the team, teams also have ranking with prizes
Bonds Go-To-Market
PFP
- We released the details on the visual rarity migration from Frakts & Gnomies to BANX. More info in the #banx-visual-rarity discord channel
- We shared three more sneak peaks 🔥
Listings
We listed Solcasino for Flip loans and Bonds
AMAs
- Phil had the pleasure to be invited on DeCod3rs’ stream hosted by vtllr and they spoke about FRAKT, its history, user adoption, Bonds, Banx and much more…
- Tim was invited to an NFTfi space from Kamino Finance with Gaius and LtLollipop
Community
- New Discord emojis and new OG Banx discord role
- Kickoff Educational content contest
Design & Development
Bonds
- Released new UI for “My loans” page
- Released pro lending UI for Bonds
- Final testing on Automated Lending Strategies, to be stealth-released later today
- Finalising work on Fraktlisting
- Finalising work on Leaderboard
- Started working on BANX mint app
- Started working on “My rewards” page UI
- Several impovements and bug fixes for Bonds
What are the next releases?
- Automated Lending Strategies
- Refinancing active loans feature
- Selling active collateral feature
- Mortgages
- Bonds listings feature (enabling instant high loan values for rare NFTs)
- Secret stuff we can’t share just yet 👀
