NiiFi Weekly Update: 18th July

Jacobo
NiiFi

--

The team continues to make good progress with tech build out and behind the scenes.

Here’s the highlights:

  • Multiple bug fixes to testnet
  • Swap is coming along nicely and close to completion
  • We listen to the community! The tesnet app now defaults to your chosen mode (day/night)
  • Pools initial UX is deployed
  • Overall code enhancements, refactoring etc
  • The business development team is hard at work in preparation for mainnet
  • Don’t forget to read the Nahmii 2.0 white paper (the underlying technology NiiFi uses). Make sure you take some time to read it and understand what the capabilities of NiiFi built on Nahmii 2.0 will be and why it has the chance to revolutionise the DEX, lending & AMM space. As most of you will already know NiiFi & Nahmii go hand-in-hand and the power of NiiFi is driven by Nahmii — so it pays to delve into
  • The team has been working on continually bringing improvements to NiiFi & Nahmii testnet as we move toward main net so make sure you follow all the channels to stay updated
  • Ongoing feedback from partners & backers has been extremely positive, and we continue to improve with these, as well as your feedback in mind

About NiiFi

NiiFi is building tools to facilitate high volume institutional needs and commercial use cases. By this we mean institutions and commercial players who want to access the unique functionality that DeFi offers but find that current implementations can’t facilitate their needs.

That’s why NiiFi will be ground breaking. NiiFi will be the Uniswap and Compound of Nahmii. Except it will have the performance that is required for “real world” products. Our target is for products with 100s of millions of people, or institutions to use. Simply allowing them to dip into constant liquidity products is a paradigm shift.

This is facilitated by our underlying technology, Nahmii, the only layer 2 which gives high transaction throughput, low latency, instant finality and predictable fees.

NiiFi has the opportunity to onboard institutions to be able to utilise DeFi tools, that’s the mission the team are well on the way to achieving!

Resources:

To always stay-up-date make sure you follow all our official social channels

Join discussions on Telegram Chat

Stay ahead of the latest updates on Telegram Ann.

Follow us on Twitter

Visit our Website

Always double check and verify you are interacting with our official channels!

Stay safe, stay in the NiiFi official channels.

--

--