Hey everyone, we are pleased to share updates with you regarding our latest developments in the realm of smart contracts, liquid lending (farming) and the UI.
Smart Contracts: Liquid Lending (Farming) Progress & Roadmap
February 12th, 2023
“During the previous week, the development progress on the contract aspect was limited.
Our focus was predominantly directed towards application support scripts and task completion. Furthermore, we took measures to enhance the existing tests.
Moving forward, we plan to continue with the development of the contracts logic and tests. However, the majority of our efforts will be invested in the deployment of the Liquid Staking Multipools.” — Arthur, Algem CTO
Algem secret product
February 12th, 2023
“The code for the product was written, now we are working on unit tests for it, in preparation of the audit.” — Arthur, Algem CTO
About Algem
Algem is a decentralized application built on the Astar Network and offers two main features: liquid staking and liquid lending. As their names suggest, these two options let ASTR holders keep their assets liquid while putting them to work. Also, the liquid staking and lending solutions let users use Algem’s liquid nASTR tokens across Astar’s Defi ecosystem to earn staking rewards and make more money. In doing so, Algem supports other Defi protocols by providing liquidity and creating a sustainable and cooperative ecosystem on the Astar Network and Polkadot.
How we had been making Algemantis Nautilus Pass NFT
Everything You Need To Know About Liquid Staking On Astar Network
Partnership with Sirius Finance
Introduction in Algem