Biweekly update #7
Welcome to the first Strips biweekly update of 2022! We have a lot packed for the start of the new year, and we’re excited to share them with you!
Market Recap
- STRP price: $3.28 (19.27% 📈)
- STRP circulating supply: 2,978,410
- STRP circulating market cap: $9,774,62
- Number of holders: 1,269
- Twitter followers: 20.6k
Progress Update
Strips completes token buyback
The treasury desk at Strips has completed a buyback of 55,120.44 STRP tokens ($209,457.67 at the time of writing) as part of its treasury operations. The Strips treasury may buy STRP tokens from time to time for its own liquidity or investment purposes.
Announcement of public testnet
Our public testnet is open at app.strips.finance for everyone to try out. Please see this article for detailed instructions.
We will be holding a $100,000 Trading Competition which is coming soon as a warm-up before mainnet.
Progress before Mainnet Launch:
- [x] Complete core smart contracts
- [x] Complete internal tests
- [x] Complete v7 logic tests
- [x] Complete v8 logic tests
- [x] Complete economic simulation whitepaper
- [x] Complete economic simulation in code
- [x] Frontend completion
- [x] Frontend internal User Acceptance Testing (UAT)
- [x] Frontend closed beta UAT
- [x] Complete 3audits (3/3 done)
- [ ] Complete 1 more audits (initiated)
- [x] Audit oracles
- [x] Public hackathon
- [x] Upgradability of smart contracts
- [x] Frontend public beta (OPEN NOW at app.strips.finance)
- [ ] Testnet trading competition
🎉 MAINNET LAUNCH
You can download our Certik audit report here.
Audit Progress Zoom-in
- Peckshield has finished its audit of Strips. There were no critical issues or bugs found. The full audit report will be released in the coming weeks.
- Trail of Bits audit kicked off this week, and this will be our last audit before mainnet launch. Once Trail of bits audit cycle is completed, we will have completed 3 full audits (Certik, Peckshield and Trail of Bits) and 1 mini-audit. All reports will be summarized and released on our website after mainnet launch
Announcements
STRIPS is currently hiring for several roles. Interested applicants can email their resume and cover letters to jobs@strips.finance.
To learn more please visit the project’s website at https://strips.finance/ or follow the project on
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.
