NAMI Protocol – Weekly Development Update #1

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This week, our team discussed various updates and administrative details crucial for our community. The primary focus was on giving a quick summary of the sale and outlining the plans for the next weeks.

Before we start: If you didn’t withdraw you $NAMI or cancel your bids to get back your $USDC, head over to PILOT and do it now. There are still funds left! Click here.

Key points include:

  • Project Visibility: $NAMI is now visible on Keplr, although pricing updates will follow once listed on CoinGecko. $NAMI is also tradable on SONAR on Android. For IOS we need to wait for the latest update to pass apple. Efforts are underway to also list it on CoinMarketCap.
  • Landing Page: Now that the sale is over, the tokenomics page has been adjusted to contain all necessary information.
  • Sales Updates: Our recent pilot sale attracted significant interest, both from within Kujira and externally, demonstrating robust community engagement and enthusiasm for our offerings. However, many participants were unable to acquire tokens due to an exciting bidding phase (96%, 94% & 92% didn’t get anything).
  • Technical Developments: We are refining our smart contracts to enhance functionality and security. Our plan is to integrate and test various components by the end of May, with full readiness targeted by end June. Ongoing tests also involve optimizing stablecoin strategies within our ecosystem, specifically addressing liquidity and transaction efficiency with USDC and other stablecoins.
  • Community Engagement: We continue to value community input and adjust our communication strategies accordingly. Regular updates will be summarized in our Telegram chat and on Discord to keep everyone informed.
  • Looking Ahead: The team discussed the importance of flexible and secure system designs, especially concerning our smart contract frameworks and server-side algorithms, to ensure reliability and adaptability to community needs and market conditions.

We are committed to transparency and responsiveness as we develop the best savings protocol. Stay tuned for our next update, and thank you for your continued support and trust in our project.

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