Welcome to week twelve 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 17/9/2021
The past week was also full of incredible news and additions.
The main things were:
- Listing on Trust Wallet
- Auto-compounding release
- Emission new farms
- End of Double Reward Pools
- New projects added to Main Dashboard
🔵 Listing on Trust Wallet
Thanks to all of you, we have been added to Trust Wallet 🦾
The great thing is that many other sites take our token logo from Trust Wallet, so this now also appears on PancakeSwap, ApeSwap and many others!
🤖 Auto-compounding release
Hacken finalised the auto-compounding’s contract audit with very secure rate:
Smart contracts within the scope were manually reviewed and analyzed with static analysis tools. Audit report contains all found security vulnerabilities and other issues in the reviewed code. As a result of the fourth review, the Customers` smart contract contains no issues.
Here you can find full reports.
We were happy to release the auto-compounding functionality at first in the KROWN single stake vault. Next week we will publish a detailed article explaining exactly how the function works.
Daily APR is around 1%, because we developed a contract that no other projects did so far, which instead of auto-compounding on daily basis, compounds based at contract interaction which is a lot more optimising.
Please harvest from the old vault and deposit in the new one. We remind everyone that the old vault will be paused in 2 days.
Enjoy, relax and let the auto-compound work for you!
You can sleep soundly 🐑 🐑
🧲 End of Double Reward Pools
The time for the following Double Reward Pools is over:
🧬 BNB & KROWN
🧬 PACOCA & KROWN
You can now withdraw your funds. It’s a good idea to deposit KROWN and PACOCA in the new farm we released (see above).
Next week we will launch new DR Pools, so stay tuned and keep your wallets ready!
📊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: Tranchess and Yield Parrot
🔹Total Value Locked
🔹TVL Ratio MC/TVL
The team is really happy to have met this further milestone and to have released the auto-compounding. We will now focus on expansion on the other chains, as planned (read the bridge sub-roadmap here).
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.