After a crazy, exhilarating and exhausting launch week, the team is busy building — getting ready to bring NiiFi’s much needed tools to market. We want to thank you all for the support you as a community have shown NiiFi and your continued interest in the game-changing movement NiiFi will bring about.
We want to make sure you are kept up-to-date and informed on a regular basis, so we’ll be endeavouring to give you a weekly update on progress and exciting events in the NiiFi world from now on.
Before we jump into the highlights from the week, a quick primer for those who are new to the project on what NiiFi is doing and our mission:
The tools that currently exist in NiiFi are built 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!
With that said — let’s get to some updates.
Updates For The Week
- Our launch on Polkastarter was a raging success — selling out in around 7 minutes
- We launched on Uniswap DEX and Gate.io CEX
- We reached over 3000 NiiFi holders in under 48 hours and we’re just getting started
- The first version of NiiFi will be on testnet by the end of the month
- We have locked in some important liquidity providers for our NiiFi ecosystem
- Liquidity providers are just a part of the multi-layered ecosystem NiiFi is building
- We are in talks with many exciting partners and we will bring you them as soon as we are able
- In case you missed it we are backed by some of the biggest Web 3 and ETH eco-system investors.
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