Welcome to week nine of KingDeFi’s regular feature article, in which the team provides development updates for the benefit of our beloved Knights. We hope you all enjoy the series and get a lot from it as well.
Week ending 27/8/2021
The past week was also full of interesting news and additions.
The main things were:
- KROWN Bridge
- Business development and next steps on roadmap
- Small rebranding
- CoinMarketCap issue solved
- Opening of Spanish Community
- New projects added to Main Dashboard
🌉 KROWN Bridge
KingDeFi becomes the first Multi Chain Yield Aggregator to cross-chain 5 different blockchains (Polygon, Heco, Solana, Ethereum, Binance Smart Chain) maintaining circulating supply and total supply unchanged, and applying a multi-programming language approach across Solidity, Rust, Haskell and C++ in order to keep expanding to other chains in the near future.
In order to speed up cross-chain integration we decided to partner with Allbridge, we believe this is one of the most professional partner which we have integrated so far.
We went through a strict process of due diligence in terms of: technology integration, security, efficiency and team background before to decide to start this partnership.
This implementation is key for KingDeFi as we found a very professional partner on one hand but also we speed up the process to the point that instead of bridging 5 blockchains one by one we have now implemented five of them within one engineering integration.
KingDeFi team keeps working closely with Allbridge in order to be as well able to bridge into TERRA and AVAX in the incoming months.
I invite you to read the entire article on bridge. You can find it here.
Here is the guide if you have problems: How to use the bridge?
Don’t miss out these two articles:
➡️ Multi-Chain Bridge
➡️ Inflation Management
👩🚀 Business development and next steps on roadmap
The bridge is an amazing instrument in order to “open doors” for new partnerships.
The team is now contacting other projects across five blockchain in order to start farms and have new partnerships with the best and fastest growing projects across Solana, Heco, Polygon and Ethereum.
Our solidity engineers are working closely with auditors in order to re-engineer our farms into the new implemented chains, in parallel security developers and advisors are focusing on system security upgrade in order to guarantee protection and safety across all chains.
Here below you find a “sub-roadmap bridge summary”, which helps users and investors to have an overview of new development coming into place due to the achievement of cross-chain bridge integration
Please note that this sub-roadmap only refers to the bridge.
👨🎨 Small rebranding
Now that the bridge functionality is operational, we can finally expand to many other blockchains. It was therefore also necessary to revise our headline, which was changed on all our channels.
The first AI Multi Chain Yield Aggregator.
In addition, our design team developed the key visual of the atom with our token in the middle. We hope you like it!
🐛 CoinMarketCap issue solved
We have been admitted to the CMC Self Reporting Dashboard. We have finally corrected the data and therefore as of today the data displayed on CMC is also correct.
This obviously does not mean that CMC does not check the data before publishing them. There is a review process on their part to verify the correctness of the data we provide.
🇪🇸 Opening of Spanish Community
The community of Knights continues to expand and many of them are Spanish. So we decided to open a new community on telegram to allow them to express themselves in their own language.
¡Bienvenidos valientes caballeros!
Join the Spanish community here: 👉 https://t.me/kingdefihispano
📊 New projects added to Main Dashboard
We are always selecting and adding new projects to our Main Dashboard, both from BSC and Solana.
This week we added:
BSC: BscPad
SOLANA: Marinade and Fabric
🔹Price
🔹Price 24H%
🔹Circulating Supply
🔹Market Cap
🔹Total Value Locked
🔹TVL 24H%
🔹TVL Ratio MC/TVL
The Wrap
This has been quite an important week! We are really happy and proud of our work. The multi chain bridge will open important new doors for us, and we are among the first to have a fully functioning bridge between 5 blockchains. Stay tuned, we keep working for you!
The team also really values our community and always love to hear your opinions and feedback. We look forward to hearing more from you all in the great discussion going on with our awesome mods in the community chat.
