Biweekly update #8

Welcome to Strips Biweekly update #8! We are getting closer to the launch of our mainnet, and we’re excited to share our latest developments with you.

Market Recap

  • STRP price: $3.32 (1.21% 📈)
  • STRP circulating supply: 3,245,184
  • STRP circulating market cap: $10,777,008
  • Number of holders: 1,555
  • Twitter followers: 20.6k

Progress Update

Launch of testnet trading competition

We launched our testnet trading competition on 14th Jan. Over $100,000 in prizes to be given out. Get involved. 4 more days remaining in the trading competition. Join now at competition.strips.finance.

We have seen a very successful start to our testnet trading competition. We have seen over $2 BILLION trading volume so far and over 12,000 wallets participating in the trading competition. Read more about it at bit.ly/stripstradingcomp.

Trail of Bits audit

Trail of Bit is the world’s leading high-end software security firm, with clients such as the United States government, Facebook, Github and more. In January, Trail of Bits started their audit of Strips smart contracts. We have been working very closely with the team at Trail of Bits and have seen positive results so far. We look forward to completing the full audit before mainnet launch.

Coinex exchange listing

Strips ($STRP) was recently listed on Coinex exchange. Read the announcement here.

Frontend UI improvements

We have listened to our community and have made several UI improvements in our frontend UI pending deployment. We will post a separate update soon.

If you have any suggestions, please feel free to reach out in our telegram chat.

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 (25%)
  • [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.

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:

Twitter | Telegram | Discord

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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