Bi-Weekly Recap — Jan. 10th to Jan. 21st

Dear Community,

We have been actively expanding the product offering to protocol end users, and the individual coverage portal will be launched to our main page very soon. As usual, biweekly report comes again with our progress shown in 2 categories:

1. Marketing and business growth.
2. Product development.

Marketing and business growth

In the past two weeks, we have activated pNetwork’s coverage pool, currently generating 16% APR to the backers. We have also onboarded two new partners, Radial finance and Anchor protocol, both coverage pools will become active in the coming week.

Reserve is currently at 960,184 USDC earning around 94% APR with 34% APR USDC earning and 60% APR TIDAL earning. The current activated plans include a total coverage of 4.2 million.

Product development

• Deployed end user purchase portal for QiDao protocol.
• Deployed QiDao Protocol, Radial Finance and Anchor Protocol’s coverage pools.
• Finished end user purchase page design (to be added onto the main page).