April Community Call Recap
On April 28, our project lead, Kelvin, hosted the March Community Call. We ended up having over 1200 participants on the call, so thank you for everyone who showed up and asked questions. For those who couldn’t make it, we have put together a recap for you!
Hi everyone! Welcome to the April community call! I am happy to be here again sharing our latest updates again. Let me first go ahead and provide an update for what we have been up to, and then I will take questions from the community. So let’s dive in!
Multi-Collateral Upgrade
With regards to the multi-collateral upgrade, we are moving to the final stages of the release now. The frontend changes have been completed while our engineers are working on the final touches of the smart contract before the release. We are also working with Peckshield to finalize the audit report. Over on the business side, we are putting together contents such as announcements, guides and tutorials in preparation of the launch.
During the last community call, I mentioned that the upgrade would be ready before this community call. Unfortunately, it is taking a bit longer than expected so we are now aiming for the week of May 8. We look forward to announcing the release in two weeks!
MEXC Listing
The highlight for April was definitely our MEXC listing. It has been a long time coming. The turbulent market condition has made token listing a lot more challenging than what it used to be. Despite that, the team worked very hard to get ourselves onto a centralized exchange. At the end we are delighted that we were able to get on MEXC, one of the leading exchanges in the space. We also participated in the Kickstarter event prior to our listing to co-market with MEXC and rewarded loyal MEXC users. $ATH officially started trading on MEXC at 14:00 UTC on April 6, and users can now trade ATH/USDT on MEXC.
We are now on the hunt for more opportunities to list on centralized exchanges and hope we can bring more good news soon!
Community Events
With the launch of multi-collateral just around the corner, we have hosted two community events in the last two weeks. We had the MEXC Listing Contest that ran until April 18. Users could submit AI-generated images based on our guidelines, with the winners taking home a Ledger Nano S Plus and $ATH tokens as prizes.
We also had the Athos Finance Trivia that ran until April 21. We posted a total of eight Athos-related questions over eight days. Selected winners will get the opportunity to take home a Ledger Nano S Plus and $ATH tokens as prizes. For those who are still interested in participating, feel free to refer to the Medium article and submit your answers before the weekend is over! We will announce the Trivia winners next week — so stay tuned!
Token Unlock & Vesting
Last but not least, one of our community members suggested the idea of increasing the rewards & airdrop unlock period from the current 12 months to give the project an additional year to get established and build momentum with the new multi-collateral upgrade. After discussing the possibility of this, we think it could be beneficial for us to lengthen the airdrop lock due to its one-off nature, while keeping the rewards lock for the sake of simplicity. We are inclined to conduct a community vote for token holders to decide whether we should proceed with the proposal. We are studying different ways to execute that and will share as soon as we have any updates.
About Athos Finance
Athos Finance is the first decentralized delta-one asset protocol on Moonbeam. It provides users with on-chain price exposure through synthetic assets with full transparency and no slippage.
