NEL First Bi-weekly Report of July

robbie wang
NewEconoLabs
Published in
3 min readJul 16, 2019

This report tells the NEL latest development in the first half of July

FutureDao project

The contract section has been upgraded three times:

The first version of the FD contract: achieved the functionality of project creation. Achieved the functionality of generating and destroying the token according to the price on the bonding curve; delivered the functionality of publishing, voting for or against a proposal.

The second edition of the FD contract: Added the mechanism of token pre-minting; and added another crowdfunding method: the buying price during the new crowdfunding period is a fixed and the contract will automatically make the market after crowdfunding succeeds, or refund investors’ assets after the crowdfunding fails; Added the refunding proposal, the project funds can be refunded to investors according to their proportion of shares in circulation.

The third edition of the FD contract: a certain fee is charged when the proposal is initiated; Any shareholders can be rewarded if they process the proposal after it comes due. A general proposal has been added to propose what to do to call a contract.

Completed FutureDao’s product prototyping and partial UI design.

Created a forum for FutureDao discussion (https://chat.futuredao.io/)

Neoray

Completed the Python language compiler and will be updating it to the next neoray version on the neoray website.

NELswap

Completed the functions of token exchange, adding and deleting the funds pool, and realized the call to the contract. NELswap basic features are already available, and testing is in progress

Contract section

Modified NELswap’s management contract and changed the entry function to (string, []).

NELswap exchange contract changed to use NNC as the basic token for token exchange.

Server section

Added the foreign exchange data (USD-CNY) warehousing functionality

Added the crypto exchange data (USDT-GAS) warehousing functionality.

Added the balance analysis of funds pool warehousing functionality.

Added the funds pool data warehousing functionality

Added the asset list query functionality

Added the USD/CNY foreign exchange data query functionality

Added the USDT/GAS exchange data query functionality

Added the query of total assets in the funds pool functionality

Added the contract hash query functionality

Added the fund pool fee query functionality

Added the token balance in the funds pool query functionality

NELscan explorer

The data analysis of the contract information analysis page is still in progress, and it has analyzed about 2.62 million blocks of a total height of about 4 million. It is expected to take two more weeks to complete. The contract information that has been analyzed can be viewed by searching contract hashes.

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