Biweekly update #12

RabbitX
2 min readMar 20, 2022

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Welcome to STRIPS Biweekly update #12! Despite the quiet period in the market, our team has been busy working on partnerships, new product lines and new initiatives.

We’re really excited to welcome three new members who have joined our team at Strips, Esther, Jason and Astral. Esther joins us as our newest community manager, and you may have already seen her replying to messages in our discord and telegram channels. Jason joins us as a research analyst to do deep-dive research into products, market opportunities and partnerships. Astral joins us as a community growth manager, and is a crypto lifer, being involved in DeFi from the early days, and also experience running multiple discord servers with some of the best traders in CT. We are very energise to have such an amazing team working together at Strips.

Our vision is to build the best interest rates derivatives platform for not just DeFi, but all of finance. And we need your support to help us realise that dream.

Market Recap

  • STRP price: $1.12 (-6.3% 📉)
  • STRP circulating supply: 3,709,296
  • STRP circulating market cap: $4,165,355
  • Number of holders: 1,320
  • Twitter followers: 23k

Progress Update

Vaults

Vaults strategy finalised. Testing commenced. Announcement coming soon👀

Bug Fixes

Implement minor bug fixes for Alchemy nodes rate limits.

Audit

We have completed our Trail of Bits audit, and the full report will be published in the coming weeks 😃

Integration

Integration with DeFi trackers like DeFiLlama, Defipulse commenced.

Media Roundup

Twitter Spaces

We were pleased to hold our #redefine twitter space together with multiple influencers and project founders. Join us in our next twitter spaces by following https://twitter.com/redefinestrips1

Founder, Ming Wu quoted in Metal Bulletin

Original text

https://docs.google.com/document/d/1_YDTCeSjQ7mD9S7Rc5qjtTc2hUztikntETrxR5ruDxE/edit?usp=sharing

Disclaimer

Any past performance, projection, forecast or simulation of results does not necessarily indicate any investment’s future or likely performance. The information and publications are not intended to be and do not constitute financial advice, investment advice, trading advice or any other advice or recommendation of any sort offered or endorsed by STRIPS Finance.

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RabbitX
RabbitX

Written by RabbitX

To build the largest fixed income trading platform for DeFi

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