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AshSwap | May Recap

Hey there!

What a week for crypto. Many things happened the whole time; the good news is, whichever way the market flips, AshSwap is working harder than ever to update new features & updates.

Let’s take a look at what we got in this May.

Milestone

Featured in the Elrond Ecosystem Superwave

Elrond Adoption Map — Update May 2022

We’re delighted to be mentioned as a part of the superwave by Benjamin Mincu — CEO of Elrond blockchain, this is not only an encouragement for our team but also a specific movement for our subsequent development.

AMA with EGLD Community from Morningstar Ventures

On May 19th, our CEO — Neil Nguyen & Head of MKT — Nate Le, were invited to the AMA section hosted by EGLD Community to answer questions from the users about our project.

👉 AMA details: https://egld.community/amas/ashswap/

👉 Read more about Morning Star: https://morningstar.ventures/

The AshSwap Battle of Yields

After a 2-week battle, our BoY already finished with three winners: Billythekid945🍷 — kammlip — Oov

After auditing the result, we’re very happy that the top wallets, especially the top 3 winners of BoY are “organic farmers,” which means they didn’t use bots to win the BoY. Instead, they won by their extensive DeFi knowledge & the understanding of AshSwap’s features.

Besides, we would like to send our special thanks to our 4 sponsors for supporting us with both rewards & communication support: D1ferrent Capital — Istari Vision — JEXchange — Monkeys Supremacy.

You could read our BoY Event recap 👉 https://medium.com/@ashswap/phase-1-battle-of-yields-recap-a4764872da76

Features Update

UI update:

  • Tour guide tool-tips for pool/staking page
  • Enhanced UX for the “Your pools” tab
  • New stake menu
  • Token balances display update

Bug Fixes:

  • Tx signing popup is shown many times
  • Show status for failed transactions
  • Increase decimals to show small balances. Ex: 0.00001 BTC instead of 0.00BTC

What’s coming in June?

For the following month of June, we will be completely focused on finalizing the features on Ashswap, and also preparing for going on mainnet.

Other topics for the upcoming weeks & months include:

  • Fixing bugs that are reported on a weekly basis
  • Yields boosting feature
  • Landing page update with more specific info
  • Contests for community members: AshSwap Trivia, Discord intro Contest,…
  • Docs & Guides update
  • Knowledge Hub about DeFi
  • UI update
  • NFT System development

About Ashswap

AshSwap is the first decentralized exchange built on the Elrond blockchain that allows users to trade between stable assets with high volume and small slippage. As Elrond grows to become the infrastructure of DeFi, more types of stablecoins will flow in, and users will need a place to swap them.

Check out our social channels:

About AshSwap

AshSwap is the first decentralized exchange built on the MultiversX blockchain that allows users to trade between stable assets with high volume and small slippage. As Elrond grows to become the infrastructure of DeFi, more types of stablecoins will flow in, and users will need a place to swap them.

Website | Discord | Twitter | Telegram | Medium

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