STRIPS bi-weekly recap #1

Strips Finance (now RabbitX)
2 min readOct 16, 2021

16 October 2021

The first two weeks of October has seen a lot of exciting progress and updates from the Strips team. Along with plenty of media coverage. We would like to share some of the most recent notable events that have happened in the last two weeks.

Strips Announcements

Strips goes live on Sushiswap

Strips went live with its Sushiswap pool on the 14th October following a very successful MISO sale. The first 48hrs saw $14.8m in trading volume.

Strips gets featured on Crunchbase

Strips finance funding information can now be found on Crunchbase.

Strips MISO sale bought out in 6 seconds

The Strips IDO sale was the most successful sale on the fundraising platform, MISO by Sushiswap.

Strips gets listed on Gate.io

Strips token ($STRP) gets listed on Gate.io for trading. View live trading here.

Strips gets listed on MEXC

Strips token ($STRP) gets listed on MEXC for trading. View live trading here.

Progress Update

With the recent successful MISO launch completed, our team has shifted focus to finalizing the early community discount token sale. This token sale will see a maximum of 63,400 STRP tokens for sale at $1 to early community members who participated in our testnet and also provided valuable feedback in August. More details will be released in the coming days.

We are also extremely delighted to welcome on board Mario as an experienced frontend developer for Strips. Mario brings over 5 years of frontend development experience to the team and will be working on building our website user interface for the Strips exchange and products. This brings the total number of active developers in the team to 6.

Meanwhile, we are past the halfway mark of our audit with Certik. Once completed, we will be doing another round of audits with Peckshield. If all goes well, we will be on track to launch our Strips exchange on Arbitrum in November.

International News

Ethereum user pays $430,000 in transaction fees for a failed payment

Tim Copeland, The Block

Strips CEO, Ming Wu is featured on Coindesk TV to discuss about Strips Finance, and also the future of interest rates derivatives in DeFi.

Chinese News

Strips Finance在MISO IDO的Token被14个地址承包,另一地址花费153 ETH手续费但未抢到

固定收益平台 Strips Finance 将于10月13日在 MISO 进行 IDO

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