NiiFi Weekly Update: 26th July

Jacobo
NiiFi

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As we edge closer and closer to main net — the team continues to make progress and is energised toward launch.

Here’s the highlights from this week:

  • Rearranged Pools navigation
  • Pools discoverability
  • Refactor around swaps
  • Bug fixes
  • Nahmii (NiiFi’s tech) was added to https://l2beat.com/ tracking Layer-2 solutions and built by the MakerDAO team
  • As we’ve mentioned, Marketing is on board and working in the background to make noise at the right time
  • 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 have built tools from the ground up 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.

Those big customers are as excited as you to see what’s coming. In many cases, we’ve been speaking to them for years. NiiFi has been designed from scratch to give them what they need & want.

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:

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Stay safe, stay in the NiiFi official channels.

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