Monthly Development Report | May 2024
Summary
Last month, the team successfully launched a major update to MultiSwap into production. This new version introduces a host of new features, including the addition of new networks, same-network swaps, a Fee Manager, and the MultiSwap Explorer. These enhancements significantly improve the platform’s functionality and user experience, making MultiSwap more versatile and efficient for its users.
On the Mainnet front, the team made substantial progress in enabling production quantum portal access to the Bitcoin network. Additionally, they continued developing the BTFD network and prepared two new testnets, Ghostnet and Edgenet, for public use.
A Quick Summary of Dev WIP
- Mainnet Development
a. Runes integration COMPLETE - MultiSwap
a. Same network swaps COMPLETE
b. CCTP integration COMPLETE
c. MultiSwap update COMPLETE
d. Fee Manager COMPLETE
e. MultiSwap Analytics COMPLETE
f. Audit IN PROGRESS
g. Omni Chain Liquidity DEV - Design
a. MultiSwap update COMPLETE
b. Crucible update COMPLETE
Mainnet
Last month, the mainnet team built two testnets to demo BTFD to external developers and community. They also built a ghostnet that uses a local Bitcoin regtest network and edgenet that uses live Bitcoin network. Both testnets are available for developers to experiment and build applications on. The next focus is to add more features to both testnets like the support for Runes/Ordinals and other protocols.
MultiSwap
We are delighted to share the latest updates and achievements at MultiSwap over the past month. Our team has been working diligently to bring you a more versatile, efficient, and user-friendly decentralized trading platform. Here’s a detailed look at our recent progress:
Expansion of Supported Networks: Scroll, Base, and ZySync
We are excited to announce that MultiSwap now supports three new networks: Scroll, Base, and ZySync. This expansion provides users with more options for swapping their assets and accessing new markets. By adding these networks, we continue to enhance the flexibility and reach of the MultiSwap platform.
Fee Manager Implementation: Platform Fee on Each Swap
We have successfully implemented the fee manager, which introduces a platform fee on each swap. This feature ensures that MultiSwap remains sustainable and continues to provide top-notch services to our users. The fees collected will be used to maintain and improve the platform, ensuring a better trading experience for everyone.
Referral Engine: Enjoy Discounts on Platform Fees
To foster community engagement and reward our users, we have launched a referral engine. This feature allows users to create referral links that their communities can use to enjoy discounts on platform fees for each swap. By sharing these links, users can benefit from reduced fees while helping to grow the MultiSwap community.
Same Network Swaps: Streamlining the Trading Process
We are pleased to announce that same network swaps are now enabled on MultiSwap. This feature allows users to swap tokens within the same network directly on our platform, eliminating the need to use multiple other platforms. This enhancement simplifies the trading process and makes MultiSwap a one-stop solution for your swapping needs.
CCTP Integration: Larger Swaps with Less Slippage
With the integration of the Cross-Chain Transfer Protocol (CCTP), users can now conduct larger amount swaps with less slippage. This improvement enhances liquidity and provides better quotations for large fund transfers, making MultiSwap more efficient and reliable for significant transactions.
Expansion of Wallet Support: More Options for Users
We have added support for more wallets, giving users a wider range of options for managing their assets on MultiSwap. These new wallets will be enabled in the next couple of days, further enhancing the convenience and accessibility of our platform.
MultiSwap Explorer: Access to MultiSwap Analytics
We are excited to introduce the MultiSwap Explorer, a powerful tool that allows users to access MultiSwap analytics. With this feature, users can gain valuable insights into their trading activities, track performance, and make informed decisions based on comprehensive data
Crucible
Introducing the New and Improved UI:
We are launching Crucible with a brand-new UI designed to elevate your experience. This update brings a fresh, modern look to the platform, enhancing both aesthetics and functionality. The new UI is not just about visual appeal; it fundamentally improves the way you interact with Crucible.
Improved Flow and User Experience:
The updated UI has been meticulously designed to improve the overall flow and user experience. Here are some key enhancements you can expect:
- Streamlined Navigation: The new layout makes it easier to find and access the features you need, reducing the time and effort required to complete tasks.
- Enhanced Accessibility: Improved accessibility features ensure that Crucible is user-friendly for everyone.
- Intuitive Design: The interface is more intuitive, with clear and concise information that guides you through each step of the process.
Ordinals Passport
The Ordinals Passport is a phygital item that was first debuted at NFC Lisbon. It combines a physical element, used during the conference to drive engagement with attendees by guiding them through various activities and checkpoints, with an on-chain element on the Bitcoin blockchain, ensuring authenticity and traceability. Attendees who completed more activities with their passports were entered into a higher prize pool, increasing their chances of winning substantial rewards. This innovative approach fostered an atmosphere of active involvement and discovery throughout the conference.
The value of the Ordinals Passport extends beyond just activities and prizes. It provided a platform for meaningful collaboration with numerous projects within the web3 space, expanding our reach and networking opportunities. By integrating these passports, we successfully showcased some of our products and services to a targeted and engaged audience, enhancing brand visibility. Looking ahead, this approach to event engagement can significantly elevate future conferences. It makes them not just places of learning and networking, but also interactive hubs of activity and collaboration, thereby fostering deeper connections with key players in the space.
Highlights from a Few of Our Team Members
Zikriya Mushtaq
Team: Development, Gateway, MultiSwap
Items worked on this month:
- Bug fixing for same network swap
- Swap can go from 1Inch and KyberSwap provider
- Auth layer modification
- Api’s created for ordinals passports random logic
- dynamicDecimals added for cabns
- Logic added for OutOfGas error handled during withdraw
- CCTP flow implemented
- New networks added
- zkSync
- Base
- Scroll
- Fee distribution converted into absolute
- 1Inch/KyberSwap api error handling
- Crash handled in withdrawal
- Slack notification added for CCTP signature
- Bug fixing, testing and deployment into production
Items I’ll be working on next month:
- MultiSwap audit documentation and OmniSwap
PRs for the month:
isSameNetworkSwap bug fixed by zikriya · Pull Request #392 · ferrumnet/gateway-backend
router selector updates by zikriya · Pull Request #394 · ferrumnet/gateway-backend
route improvements by zikriya · Pull Request #401 · ferrumnet/gateway-backend
FiberRouter.json updated by zikriya · Pull Request #405 · ferrumnet/gateway-backend
dynamicDecimals for cabns by zikriya · Pull Request #410 · ferrumnet/gateway-backend
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/238Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/240Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/242Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/244Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/246Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/250Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/251Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/252Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/254Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/261Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/262Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/263Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/268Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/269Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/270Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/272Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/273Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/275Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/276Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/277Connect your Github account
https://github.com/ferrumnet/multiswap-generator-node/pull/56Connect your Github account
https://github.com/ferrumnet/multiswap-generator-node/pull/60Connect your Github account
https://github.com/ferrumnet/multiswap-generator-node/pull/61Connect your Github account
https://github.com/ferrumnet/multiswap-generator-node/pull/62Connect your Github account
https://github.com/ferrumnet/multiswap-generator-node/pull/75Connect your Github account
https://github.com/ferrumnet/multiswap-validator-node/pull/47Connect your Github account
https://github.com/ferrumnet/multiswap-validator-node/pull/51Connect your Github account
https://github.com/ferrumnet/multiswap-validator-node/pull/53Connect your Github account
https://github.com/ferrumnet/multiswap-validator-node/pull/70Connect your Github account
https://github.com/ferrumnet/multiswap-node/pull/138Connect your Github account
https://github.com/ferrumnet/multiswap-node/pull/157Connect your Github account
Arslan Kibria
Team: Development, Gateway, MultiSwap
Items worked on this month:
- Code documentation
- Flow changes implementation for price fluctuation
- Worked on fee distribution modification
- CCTP flow
- KyberSwap provider implemented
- Scroll gas job implemented
- Absolute based changes for fee management
- Latest call fetch logic from provider like kyberSwap/1Inch added for price fluctuation
- Headers added for kyberSwap api’s
- Quote api response modification for platform fee
- Bugs fixed, testing
Items I’ll be working on next month:
- MultiSwap audit documentation and OmniSwap
PRs for the month:
folders added for multiswap doc by ArslanKibria98 · Pull Request #395 · ferrumnet/gateway-backend
doc for all folders by ArslanKibria98 · Pull Request #396 · ferrumnet/gateway-backend
Changes for price fluctuation by ArslanKibria98 · Pull Request #404 · ferrumnet/gateway-backend
Fee distribution flow updated by ArslanKibria98 · Pull Request #406 · ferrumnet/gateway-backend
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/236Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/241Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/243Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/245Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/247Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/248Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/249Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/256Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/258Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/259Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/260Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/265Connect your Github account
https://github.com/ferrumnet/multiswap-validator-node/pull/50
https://github.com/ferrumnet/multiswap-validator-node/pull/54Connect your Github account
https://github.com/ferrumnet/multiswap-node/pull/135Connect your Github account
https://github.com/ferrumnet/multiswap-node/pull/139Connect your Github account
https://github.com/ferrumnet/multiswap-node/pull/143Connect your Github account
Abdul Ahad
Team: Development, Gateway, MultiSwap
Items worked on this month:
- Design Mint, stake, unstake, unwrap, rewards and Buy screens
- Contract allocation and approval implementation
- Show Arbitrum and BSC networks
- Show default network and token on minting, staking, unstaking and unwrap
- Design Success and Error screens for minting, staking, unstaking, withdraw and unwrap
- Change button design for mobile
- Create custom hook to show balances of FRM and cFRM
- Withdraw rewards fixes
- Show withdraw amount on disabled screen
- Design and show disabled field for Mint, Stake, Unstake and Unwrap,
- Show FRM and cFRM balance on UI
- Show stake fee and staked Balance on Stake Screen
- Show Staked Balance in Unstake field
- Show unstake fee on unstake screen
- Show UnWrap Fee on unwrap screen
- Discord login functionality
- Twitter login functionality
- Activation updating flow
- UI Implementation
Items I’ll be working on next month:
- Crucible update deployment and Quantum Portal explorer
PRs for the month:
https://github.com/ferrumnet/crucible-frontend/pull/1Connect your Github account
https://github.com/ferrumnet/crucible-frontend/pull/2Connect your Github account
https://github.com/ferrumnet/crucible-frontend/pull/3Connect your Github account
https://github.com/ferrumnet/crucible-frontend/pull/4Connect your Github account
https://github.com/ferrumnet/crucible-frontend/pull/5Connect your Github account
https://github.com/ferrumnet/crucible-frontend/pull/7Connect your Github account
https://github.com/ferrumnet/crucible-frontend/pull/8Connect your Github account
https://github.com/ferrumnet/crucible-frontend/pull/9Connect your Github account
https://github.com/ferrumnet/crucible-frontend/pull/10Connect your Github account
https://github.com/ferrumnet/crucible-frontend/pull/11Connect your Github account
https://github.com/ferrumnet/crucible-frontend/pull/12Connect your Github account
https://github.com/ferrumnet/crucible-frontend/pull/13Connect your Github account
https://github.com/ferrumnet/crucible-frontend/pull/14Connect your Github account
https://github.com/ferrumnet/crucible-frontend/pull/15Connect your Github account
https://github.com/ferrumnet/Ordinal-Passport-VRF-Frontend/pull/1Connect your Github account
https://github.com/ferrumnet/Ordinal-Passport-VRF-Frontend/pull/2Connect your Github account
https://github.com/ferrumnet/Ordinal-Passport-VRF-Frontend/pull/3Connect your Github account
https://github.com/ferrumnet/Ordinal-Passport-VRF-Frontend/pull/4Connect your Github account
https://github.com/ferrumnet/Ordinal-Passport-VRF-Frontend/pull/5Connect your Github account
Muhammad Haris
Team: Development, Gateway, MultiSwap
Items worked on this month:
- Worked on Ordinals passport FE & BE tasks
- Worked Referral in MS FE & BE tasks
- Crucible FE tasks
- Multiswap feedbacks addressed
- Referral api integration on MS FE
- Updated the flow of referral generation using api
- Fee Distribution schema updated
- Fee Distribution api against user referral updated
- Gateway quotation api updated for referral with wallet address info
- Added the activations schema
- Seeded the activations
- Update the register api to bind the activations with each user
- getActivations api created
- getUser by passport Id api created
- getUser by vrf api created
- Api create for updating user info like email, evm address, xverse ordinal address
- Slippage design and flow updated for MS FE
- Error component created for error handling and their position in the layout
- Chain swap implemented on MS FE
- Refresh token flow implemented
- Swap failed error message handled using the external link
- Approval allowance and amount comparison fixed
- Platform fee design implemented
- Import token func implemented
- Dialog close on click outside the dialog func implemented
- Close the menu on clicking the outside of it func implemented
- wallet connect configured
Items I’ll be working on next month:
- Crucible mobile updates
PRs for the month:
https://github.com/ferrumnet/gateway-frontend/pull/338Connect your Github account
https://github.com/ferrumnet/FIBER-Engine-Backend/pull/267Connect your Github account
https://github.com/ferrumnet/Ordinal-Passport-VRF-Backend/pull/5Connect your Github account
https://github.com/ferrumnet/Ordinal-Passport-VRF-Backend/pull/2Connect your Github account
https://github.com/ferrumnet/Ordinal-Passport-VRF-Backend/pull/7Connect your Github account
https://github.com/ferrumnet/Ordinal-Passport-VRF-Backend/pull/20Connect your Github account
https://github.com/ferrumnet/multiswap-frontend/pull/25Connect your Github account
https://github.com/ferrumnet/multiswap-frontend/pull/16Connect your Github account
https://github.com/ferrumnet/multiswap-frontend/pull/18Connect your Github account
https://github.com/ferrumnet/multiswap-frontend/pull/21Connect your Github account
https://github.com/ferrumnet/multiswap-frontend/pull/24Connect your Github account
https://github.com/ferrumnet/multiswap-frontend/pull/26Connect your Github account
https://github.com/lukmaan-ferrum/Ordinal-Passport-VRF-Backend/pull/1Connect your Github account
Salman Haider
Team: Development, MultiSwap
Items worked on this month:
- MultiSwap production launch
- Development of Fee Manager and Referral Contracts
- Finalized Implementation of CCTP for bigger cross chain swaps
- Worked on the MultiSwap contracts documentation
- Worked majorily on deployment contracts on new networks & Integrations
- Chainlink VRF Contract development, Integration
- Chainlink Random VRF generation & picking the winner among the final VRFs / Passport IDs
- Launching MultiSwap update & Support
Items I’ll be working on next month:
- Integration of Stargate with MultiSwap
PRs for the month:
CCTP Finalisation by salmanferrum · Pull Request #49 · ferrumnet/MultiSwap
https://github.com/ferrumnet/LARS/pull/6Connect your Github account
https://github.com/ferrumnet/Ordinal-Passport-VRF/pull/1Connect your Github account
Lukmaan Kolia
Team: Development, MultiSwap
Items worked on this month:
- Initial smart contract implementation of Fee Manager smart contract
- Smart contract implementation + docs for Omni Router
- General debugging during backend integration of updated contracts
- Initial backend APIs for Ordinals Passport
Items I’ll be working on next month:
- OmniSwap & Stargate integration
PRs for the month:
Fee and cctp by lukmaan-ferrum · Pull Request #5 · lukmaan-ferrum/MultiSwap
Omnirouter by lukmaan-ferrum · Pull Request #8 · lukmaan-ferrum/MultiSwap
https://github.com/lukmaan-ferrum/Ordinal-Passport-VRF-Backend/commit/a56e584159866b84195a2cc9a9adeedd55c43e7fConnect your Github account
https://github.com/lukmaan-ferrum/Ordinal-Passport-VRF-Backend/commit/33f7427f4ff101742cb8d5649d133e2b8ef73b21Connect your Github account
https://github.com/lukmaan-ferrum/Ordinal-Passport-VRF-Backend/commit/ae30361e2531603b298aad1cd765226dcb74b35eConnect your Github account
https://github.com/lukmaan-ferrum/Ordinal-Passport-VRF-Backend/commit/6d026474be82f1626e3ddfb27929d8452095dd75Connect your Github account
https://github.com/ferrumnet/Ordinal-Passport-VRF-Frontend/pull/4Connect your Github account
Stanly
Team: Development, Mainnet
Items worked on this month:
- Built two testnets to demo BTFD to external developers and community
- Built ghostnet that uses a local bitcoin regtest network
- Built edgenet that uses live bitcoin network
Items I’ll be working on next month:
- Add more features to both testnets like the support for Runes/Ordinals and other protocols
David Scandroli
Team: Design
Items worked on this month:
MultiSwap Update
- Flow update
- Design fixes
Crucible Update
- Flow Update
- Design Update
Design URLs:
MultiSwap Design Update (EXTERNAL)
Crucible Design Update EXTERNAL
Crucible Design Update EXTERNAL
About Ferrum Network
Ferrum is Pioneering Interoperability 2.0 — a new era of interconnected blockchains. Powered by a multichain messaging engine known as Quantum Portal, Ferrum Network’s mainnet will bring value, data, and functional interoperability to every chain in the industry.
Utilize Ferrum Network to build and deploy solutions on one network and instantly enable multichain functionality without the burden or technical debt that comes with managing a multichain infrastructure.
