Qilin September 2022 Recap

Qilin September 2022 Recap

In September, our two products, PIX and QIQ, officially entered into the development and testing phase. PIX has completed a small round of internal testing. At the same time, we made large-scale optimization of our model for v3, and the validation phase is coming to an end.

PIX

Progress:

  • In September, Qilin team launched a trading contest for PIX. 56 participated in the contest. During the contest, we found 6 valid bugs and 10 valid optimization points. All bugs have been fixed and the optimization points will be optimized in October.
  • In October, we will improve the documentation of PIX to prepare for the launch.

QIQ

Progress:

  • Front-end development and service development for QIQ is at 70% completion and is expected to be completed in the coming week.
  • Integration testing will be conducted for QIQ in October.

v3

Progress:

  • v3 may introduce unilateral liquidity under the existing model, which will be used to meet the needs of LP users who are not willing to take the impermanent loss.

Stats

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Qilin

Decentralized risk-optimizing protocol for derivatives trading.