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Qilin’s community call #10 was held on the 25th of September. In this call, we reviewed Qilin V1 Protocol and presented the community a brand-new 2.0 Version , supporting permissionless creation and trading for both linear and inverse perpetual contract pairs for any ERC-20 assets. We also released the details on V2 closed beta. Below is a recap of the call, hope you enjoy.

Market needs volatility, Qilin creates volatility. Learn more

1. About Qilin Protocol & Qilin V1

Qilin Protocol is a Permissionless Index Contracts Trading Protocol with Peer-to-Tranches Liquidity.

This June, Version 1.0 has been launched with permissionless as a feature. V1 is a beta…


Qilin’s community call #9 was held on the 16th of August. In this call, we reviewed the whole progress in July and discussed how Qilin V2 will effectively motivate Altcoin LPs. Below is a recap of the call, hope you enjoy.

Market needs volatility, Qilin creates volatility. Learn more

Qilin Progress of July

On the technical progress in July, Qilin mainly focused on the technical development of V2, including rebase mechanism optimization development, micro service development, SDK development, front-end development, etc., followed by the user experience optimization of V1 mainnet; In terms of business and community construction in July, Qilin modified the Rebase Funding…


Here’s our July 2021 Qilin Monthly Update.

Hope you enjoy!

Market needs volatility, Qilin creates volatility. Learn more

Technical Bits

  1. Optimization and development of V2 Rebase Mechanism;
  2. Development of V2 micro service completed;
  3. Development of V2 SDK completed;
  4. Front-end development of V2 completed and the design reducibility repaired.

Community Bits

  1. On July 1st, 0xkowloon, one of Qilin’s community members, published an an analytical article on Qilin, which dissects V1 of Qilin Protocol from the following aspects: Tranches, Rebase Funding Rate, Dynamic Algorithmic Slippage, The Codebase.

2. Qilin’s community call #8 was held on the 1st of July. …


On Wed July 28, Qilin Protocol joined the Uniswap Community Call #6 and presented a brand-new Liquidity Mining Solution and collected feedback from the Uniswap community. We have re-capped the call here for you below.

Q: What’s the background of the proposed liquidity mining solution?

A: Qilin Protocol is a derivatives trading protocol built on Ethereum Blockchain. The product we have for the Uniswap community today is a novel Liquidity Mining Solution for Uniswap V3 based on the periphery contracts. …


The Uniswap v3 staker contracts introduced a liquidity mining program for Uniswap v3’s non-fungible ERC-721 liquidity positions. This design is based on the standard liquidity mining algorithm which is based on the duration of the share of the individual balance over the total quantity of the staked liquidity. The adaption of this design from the staker contracts factors in the tick range to accommodate for concentrated liquidity in v3. Although this approach provides a solution to the urgent need for liquidity mining based on v3, it suffers a deficiency with its adaption based on the standard algorithm.

In the standard…


Here’s our June 2021 Qilin Monthly Update.

Hope you enjoy!

Market needs volatility, Qilin creates volatility. Learn more

Technical Bits

  1. Redeployed V1 mainnet and updated docs. Rebase funding rate got another update;
  2. V2 UI design and engineering completed. Darker theme and new rebase metric display added;
  3. Preliminary development of V2 contract completed;
  4. Scenario testing for V2 with focus on slippage calculation under: 1) 0 net exposure; 2) L or S dominate net exposure assumptions.

Community Bits

  1. June began with the launch of Qilin V1 mainnet. In celebration of this big event, Qilin gave away some limited edition NFTs.

Qilin’s community call #8 was held on the 1st of July. In this call, we discussed how Qilin might enable permissionless index creation. Below is a recap of the call, hope you enjoy.

Market needs volatility, Qilin creates volatility. Learn more

Qilin Progress of Week 1, July

  1. Redeployed the contract for V1 mainnet. Several fixes in new contract are as follows:
  • Improved settlement logic;
  • Improved liquidation procedures;
  • Modified the formula of Rebase Funding Rate. Learn More

2. Testing Rebase formula for V2

3. UI for V2 including new rebase interface design to display net exposure and rebase rate in real time

4. Scenario testing for V2…


Qilin’s community call #7 was held on the 24th of June. In this call, we discussed how Qilin will try to become a key primitive for crypto derivative trading. Below is a recap of the call, hope you enjoy.

Qilin Progress of Week 4, June

  1. Special announcement: V1 mainnet contracts will be redeployed next week
  • Fixed liquidation logic caused by USDC precision, which resulted in liquidator not getting due payment
  • Updated rebase formula

2. Started working on V2 mainnet UI, also tested V2 contracts;

Details surrounding the new V1 mainnet will be explained in a separate Medium piece. We apologize for any inconvenience caused.

Topic Discussion: can Qilin grow into a key crypto derivative primitive?

The ultimate…


We held our Community Call #6 on the 17th of June. This call covered how we plan on attracting traders for V2. Below is a recap of the call, for the Qilians who couldn’t make it, or for anyone that’s interested!

Qilin Progress of Week 3, June

  1. V2 contract and UI design completed.
  2. A new issue was identified in the second audit and V1 contracts will be redeployed next week.

Open Discussion: our go-to-market strategy for Qilin V2?

Background

After launching premissionless perps (vanilla and inverse), we ideally would like to have traders come trade them on Qilin and LPs to come and provide liquidity.

We identitfied 5 groups of potential users: speculators/arbitrageurs, project core…


Qilin’s community call #5 was held on June 10th.

We updated the community on Qilin’s development process and made a comparison of main features between Qilin V1 & V2.

Here is the recap👇, hope you enjoy!

Qilin Progress of Week 2, June

  1. Confirmation of V2 design draft — primary colour switched from orange/red to black/blue;
  2. Development of V2 contract — implemented infinite approval for better UX;
  3. Confirmation of V2 front end project scheme — adding TradingView and new dial for Rebase funding.

Topic Discussion: Comparison of Main Features of Qilin V1 & V2

Development Goals

  • Qilin V1: MVP of derivatives trading platform, to verify the feasibility of the product solution. So only USDC/ETH trading is available.
  • Qilin V2: Decentralised…

Qilin

Decentralized risk-optimizing protocol for derivatives trading.

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