Multiple Protocol Weekly Report
This issue covers the week of October 31 — November 4
Dear Multiple Users,
We are excited about what holds the future of DeFi with Multiple as suite of Tools of Liquidity Providers. As we grow there will be more partnerships, collaborations, amazing Utility and Liquidity for users in whole of DeFi space.
Multiple Protocol is all decked up to bring lots of action in the coming months! Our community can definitely look forward to what we have in store for them as we continue to storm towards our ultimate goal — to become the Next Generation DeFi Protocol!
So, without further ado, let’s delve deep into this weekly report.Social Updates
This past week was one of the bearish moments to remember, and we hope we don’t have to see these levels again in the crypto market. The bottoms!
Both FOMC meeting and CPI data caused a bearish rally in the market sentiments with extreme fear. At time of writing we are seeing a short term relief rally for Bitcoin, Ethereum, XRP and other Altcoins.
Lets quickly get to what happened this week with Multiple Protocol:
New trade settings, created to support user switching options, and to remember the user’s last option after switching:
- Move into the position corresponding to the description icon to display the functional description.
- New positions provide Lite and Pro versions for users to choose from, the Pro professional version is selected by default.
- Lite Version provides an interface for adding liquidity parameter settings is available.
- New Pair price information, data source: Uniswap (all data refreshed in real-time, refresh once in every 15s)
Adding liquidity confirmation information
Second pop-up window to confirm adding liquidity information
Price Range: The price range
Ticks Number: Number of ticks covered by the price range
- Smart Contract
We have done some gas optimization, refactoring, reducing complexity, and increasing test coverage of smart contracts. While the current version continues to test internally, we are planning to iterate related product documentation for smart contracts.
About Multiple Protocol
Multiple Protocol is a Decentralized Finance (DeFi) protocol based on Ethereum that allows expert traders (GP) to provide professional AMM liquidity strategies, which in turn ensures users (LP) securely benefit from the best yielding products.
Multiple Protocol — The Next Generation DeFi Protocol
Visit — https://app.multiple.fi/