AVAX Launch and P2P Lending Crossing the Finish Line — Feeder Finance Update
As you know, the Feeder team is doing everything in-house. Product structuring, UI/UX design, back- and front-end development, and testing. While we have a general sense of what needs to be done and how long it might take, it is normal for things to not turn out quite as we’d like, and things need a slight adjustment. The fact that we’re not getting pressured helps give us the headspace to be creative and thorough. This is unique to our community, and there is nothing more we could ask. So thank you so much for being such a supportive community Feeders!
On a high level, P2P Lending design is done, and we’re testing internally by borrowing and lending with ourselves, as well as checking the vault collateral mechanics to make sure things work as intended. We’re pretty impressed with how cool P2P Lending + Vaulting is, not that we didn’t expect it to be cool, but to test it live in action is really something.
Feeder Finance launched on AVAX this week, and we intend to launch all AVAX pipelines in the next seven days; these will be AutoFarming products.
Here are the details…
Feeder Finance P2P Lending Revolution
We’ve completed the UX/UI of both lender and borrower. This includes creating offers, viewing listed offers, viewing outstanding loans and details, and so on. One final piece is missing on the design front, and this is really just to make the experience much more visual and straightforward. The way we’re thinking about it is to turn things that are just information into infographics. This helps dumb down the analysis for users. It also makes things more engaging and less complex.
In the meantime, we’re also testing the completed mechanics live. Everything went well, and we’re pretty impressed and excited about this. Our hope is to get everything left done by this upcoming week. Fingers crossed!
Feeder Finance Vaults
We’ve officially launched our third chain, AVAX. We went with AutoStaking products first and plan to tackle the rest of AVAX this week. Most will be AutoFarming products. There aren’t that many options on AVAX, surprisingly but what that means is we can go to the next one really soon as well.
Yes, we’ll be expanding non-stop, and no EVM chain will not be available to you in the next couple of months!
The backend of the portfolio has been improved significantly and should load up much faster now. Products may still take a couple of seconds just because it’s coming in live and hot from the blockchain. Some minor UI edits have also been pushed for the ‘Performance’ historical returns view.
Feeder Finance Team
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About Feeder Finance
DeFi for new users can be a chaotic experience as many different platforms exist offering similar products or services. On top of that, users are forced to move from one platform to another to complete the DeFi cycle, from swapping, providing liquidity, lending, yield-optimizing, aggregating portfolios.
Feeder Finance aims to simplify this whole process by creating a single point of contact for users and investors of DeFi. Aggregating all products and services into one place over time and allowing investors to easily track investments across these different places through the Feeder Finance platform.
FEED Tokenomics is simple and intuitive. There will be 100 million tokens ever minted. Each token shares the economics of the platform. From TVL-driven fees, user-driven subscription models, and success-driven sponsorship partners. Multiple revenue streams that monetize on all aspects of value added by the use case going back to holders.
Feeder Finance is an organically driven project with a community that hopes to build a sustainable platform that grows, scales, and adapts to the industry. The community’s engagement and support drive marketing, strategy, and development. At its core, the founding team is builders with a long-term mindset; believers of “if you build it they will come”.