Week 5: Performance improvements and a throwback to the first month of Plenty!⌛

In response to popular demand we improved our speed. Sorry it took so long! Besides speed improvements, we have been testing out our AMM, and we look back at the first month of Plenty DeFi.

Plenty
Plenty
3 min readJul 5, 2021

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Speed 🚀

We were in urgent need of a speed improvement. The https://teztools.io/ APIs came in handy. Plenty is continuously implementing both speed and performance improvements behind the scenes. Stay tuned, more updates will follow when the new frontend version is launched together with the AMM!

Our first month was EPIC! 🎉

  • In the first 72 hours of Plenty DeFi, $PLENTY became the most liquid token on Tezos. The liquidity pool on Quipuswap continued its growth during the entire month of June, and now holds over 1.8 million tez and over 1.8 million $PLENTY.
https://pezos-sandbox.duckdns.org/?address=KT1GRSvLoikDsXujKgZPsGLX8k8VvR2Tq95b_0
  • Two weeks in and we received an amazing audit result, for which we thank the team of @Apriorit for their work. We are very happy that no fund-losing vulnerabilities were found. Read the full report here.
  • Only three weeks live, and Plenty received the honor of being the lead sponsor on the Global Defi Summit. If you missed out on the live event, you can still watch the amazing coverage of DeFi on Tezos here!
Epic panel was epic
  • The TVL of Plenty is currently floating around $30,000,000 after an amazing first month. This is just the start!
What’s next?

AMM🏗️

Last week we tested the AMM internally, on testnet. The coming week the smart contracts will be tested by fellow ecosystem members.

Swapping!

We will also have a public testnet beta soon! We would love to receive feedback from the community, to help us make Plenty DeFi better.

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Plenty
Plenty

Building one platform for discovering the best rates and effortlessly bridging positions across all EVM chains ➡️ https://www.plend.finance/