Biweekly update #13

Strips Finance (now RabbitX)
3 min readApr 1, 2022

Welcome to STRIPS Biweekly update #13! We’re really excited to showcase some of the stuff that we have been working on and will soon be launching. 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: $1.08 (-5.1% 📉)
  • STRP circulating supply: 3,709,296
  • STRP circulating market cap: $4,052,950
  • Number of holders: 1,272
  • Twitter followers: 22.9k

Progress Update

Vaults

Vaults contracts published to testnet. Frontend completed. Announcement coming soon👀

Fast Staking

We have built a page fast staking page where users can quickly bridge, swap and add liquidity to Strips all from a single page.

Audit

We have completed our Trail of Bits audit, and the full report has been published here.

Integration

Integration with DeFiLlama is completed thanks to our very cool community member jo-chemla on Discord. View here.

Media Roundup

Strips’ Founder on Crypto Unstacked

Strips’ founder Ming spoke at the Crypto Unstacked podcast and shared how Strips has built a Decentralized Interest Rate Market for Crypto: https://www.cryptounstacked.com/deep-dive-strips-finance-building-a-decentralized-interest-rate-market-for-crypto/

$STRP live on Bitrue

We went live on Bitrue exchange with the pair USDT/STRP https://www.bitrue.com/trade/strp_usdt.

We hosted the pre-listing AMA with Bitrue on their Telegram channel.

Strips Dashboard on DeFiLlama

We have been added to a DeFi TVL aggregator DefiLlama https://defillama.com/protocol/strips-finance/all/USD. Announcement here.

#Redefine

We hosted #redefine on Twitter Spaces with Assent Protocol and Plastiks.io

Youtube

As part of our mission to educate the market on how to trade Interest Rate Swaps, we have produced and published 7 videos that deep dive into the possibilities that Strips Finance brings to every trader:

1) Strips Finance (STRP): FIRST Decentralised Interest Rate Derivatives Exchange on Arbitrum
https://www.youtube.com/watch?v=ZZgkDWCCDZw

2) What are Interest Rate Swaps? Learn About Perpetual-Interest Rate Swaps on Strips Finance (STRP)
https://www.youtube.com/watch?v=IK1AoGcKGk4

3) COMPLETE Guide: Learn How to Trade Interest Rates on Strips Finance (STRP)
https://www.youtube.com/watch?v=jAV7_EIQFyI

4a) Trade ideas and examples on Strips Finance: where does your Trading and Funding PnL come from?
https://www.youtube.com/watch?v=yDnm0EEboBc

4b) How to earn Trading PNL when trading interest rate swaps on Strips Finance
https://www.youtube.com/watch?v=rW2xkqCeLvg

4c) How to earn Funding PNL when trading interest rate swaps on Strips Finance
https://www.youtube.com/watch?v=2oD0kRvMIZc

5) https://www.youtube.com/watch?v=VFX7FWPyrD4
Tired of Farming? Earn Multiple Rewards by Staking on Strips: STRP, USDC, LP

Others

We attended the AIBC crypto conference in Dubai

We published a Linkedin article on our unique vAMM: https://www.linkedin.com/pulse/strips-vamm-explained-strips-finance/?trackingId=4Sp%2Bwq%2FB1uLfCwc3AJkFhA%3D%3D

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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