As another cycle begins we describe below what transpired during the previous one and what was chosen for the next one.
Delivery
- Interface for Multiple Strategies — The bulk of the work is done, some PRs are being reviewed and the time-lock is changing. Also, adapting the Yield Claim modal to support different currencies. Next step is to deploy to staging and test it.
- Liquity Testing — The internal tool is practically complete. Soon, it will be able to adequately backtest the strategy and refine the parameters of the stop loss in order to maximize yield.
- Liquity ETH exposure — All issues were addressed and are pending review of the auditors.
- Applications for a captive insurance fund were submitted.
- Consulted with OneTrust to prepare SOC audits anticipated to begin in Q1 2023.
- Security enforcements—The focus was on doing the necessary work for our backend. This project is ongoing.
- Wallet configuration — Project was not picked up since the focus was on the multiple strategies.
- Opyn Crab Strategy — Proof of concept was implemented for deposits and withdrawals; missing some feedback for the documentation. It is ready for a delivery cycle.
- Tokenized Vault Pilot—Proof of concept was completed but is missing clarity on how it would work with all Sandclock features. Will be used as a stepping stone to developing a StarkNet native architecture this year.
Other small updates to the frontend were delivered ad hoc and are not documented here.
Discovery
- Product Management — A roadmap session took place and Cycle Reports were produced. Roadmap requires further iteration to increase clarity on the milestones necessary to execute vision.
- Data & Information Transparency — Requirements were done. Begun working with Onda to get this on the website.
- Goldfinch Strategy — Discovery done. Could bring new sources of RWA yield on-chain by leveraging their infrastructure, but unsure if current product users would use it given the timelock requirements of real world borrowing facilities. Further user research is needed here.
- Unique Monetary Value Display — A solution is documented. Should be able to take it to delivery now.
Upcoming Cycle
With regards to the new cycle, you can check it out here.
That’s all for now.
