Aegis DeFi Monthly Report | 01.24–02.25
Monthly Highlights
- Aegis DeFi Officially Launches Yield Farming
- Aegis website and roadmap updated
- Aegis plans to join Polka ecosystem
- R&D of Aegis cross-chain products
- The Synthetic Assets Business has completed internal testing
- Aegis plans to launch stablecoin AUSD in the second quarter of 2021.
Development Progress
Detailed work completed in this phase includes:
- The synthetic assets business has been developed and completed internal testing
Aegis will cooperate with regular law firms, government notaries and well-known large-scale cloud computing power centers to ensure the value of the collateral and the ownership right in liquidation, and guarantee the rights and interests of depositors.
By then, Aegis will become the first synthetic asset project through on-chain centralization and offline field research.
- The R&D of cross-chain asset protocol and cross chain products
Aegis’s cross-chain technology is under development. By providing interoperability for different blockchain assets, it realizes cross-chain lending, cross-chain staking and other functions. In the future, Aegis team will continue to explore the application of cross-chain technology in different business scenarios.
Ecological Construction
- Aegis website and roadmap updated
- Aegis DeFi plans to join Polka ecosystem
Aegis plans to join Polka ecosystem, using its para-chain infrastructure and XCMP protocol to provide more convenient cryptoassets financial services for users, and provide strong guarantee for the efficiency, availability, security and credibility of cross-chain interaction.
About Aegis
As a DeFi 2.0 protocol, Aegis features more diversified lending services besides over-collateralized lending, such as micro-lending and Unsecured Borrowing. Aegis uses a proprietary AI-powered credit scoring algorithm to assess users’ creditworthiness based on the data provided, and assign an “Aegis Score” to each user, which is similar to traditional risk profile assessments. The Aegis Score determines the maximum credit that a user is allowed to draw down from the liquidity pool, making DeFi services accessible for basically all users. Besides, Aegis also empowers the tokenization of assets and derivatives such as CDS etc.
Social Channels
Discord: https://discord.gg/ht2MN5p
Telegram: https://t.me/AegisEN
Telegram Channel: https://t.me/Aegis_channel
Twitter: https://twitter.com/AegisDeFi
