KSwap Monthly Progress Report

By Jay

Greetings and many thanks to KSwap Fam! KSwap Finance platform has seen renewed interests from our early adopters and new joiners. This article will brief user activities at the platform, technical progress of existing and new features, and community engagement.

First of all, with your support and votes, we rank №2 by votes in OKExChain Hackathon round 1. Since February, it has been almost 5 months for you guys to stay with us. One very interesting comment from our community is that ‘ If you know them since the first day of public testing, you will know how good KSwap is. no reason why. ’ That’s the power of time and the value of time. Thanks for your patience for OKExChain and also for us.

Platform usage stats

During June, while the team was continuing to build our project, users and partners also provided their unprecedented support by interacting with our platform on the test net (Thanks so much, again!). As demonstrated by KSwap analytics, an embedded tool to track and visualize all tokens and pairs’ stats, daily liquidity volume maintained a good level centering around $28 billion. This level of liquidity is comparable to that in May, evidencing a sustained anticipation from users and strategic partners over the entire ecosystem. Additionally, weekly transaction volume was averaged approximately at $10.48 billion.

Technical progress

The development team has been dedicated to enhance systematic stability, optimize existing features, and enrich technical documents for users and developers. Systematic performance wise, the developers devoted substantial efforts into design and optimize the architecture of KStarter, a primer launch zone for the benefits of new projects. The potential bugs and instability of existing products was constantly monitored and fixed. Specifically, the team continued to improve the algorithmic aspects of the generation of NFT cards in KUniverse. Lastly, all the building efforts and updates have been reported in our Github repository, which can be accessed here.

Community engagement

We have a vivid community, which is much valued and appreciated. We have a highly engaged involvement with our users via all social channels, and we are more than delighted to share some of the greatest conversations with our supporters.

Below are just a few of compliment from our Twitter followers.

“Super amazing project guys ..!! I really do hope this project brings about a great success. This is a great opportunity for loyal supporters.” (@Elviandi)

“A good project and strong team, in a predictable and transparent road map, planned and projected. I think in the near future I will see an unprecedented growth of this project.” (@BgRizky3)

“Quite fast and useful, congratulations ..” (@MLSkumral)

“I hope this dream will come true best idea and project” (@MJasserkp)

“Big project will launch Rocket❤❤” (@gamaentwitt)

Once again, KSwap Fam, you have our deepest thanks.

Final remarks

KSwap Community is a backbone of our ecosystem and motivates the developers to produce innovative solutions persistently. Please stay with us during this journey.

if you haven’t, please join us on our wonderful Defi+NFT journey!

Twitter: https://twitter.com/kswap_finance

Telegram: https://t.me/kswap_finance

KSwap is an AMM-based token exchange protocol for OKExChain ecosystem.