NAMI Protocol – Weekly Development Update #5

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Hello $NAMI Community!

We’re back with some exciting updates and progress to share with you. Here’s what we’ve been working on this week:

Development Highlights:

1. Smart Contract (SC) Testing Completed: We’re happy to announce that our smart contract testing is complete. This is a significant step forward in our journey.

2. $NAMI Market Cap on CoinGecko: Good news! The $NAMI market cap is now accurately displayed on CoinGecko, providing precise and up-to-date information for our community. Check it out!

3. naUSD/USDC Order Book: After our launch, we’ll have our very own naUSD/USDC order book on FIN, allowing us to track the true value created by our protocol. It follows the same principle as the xUSDC/USDC orderbook for example.

4. Application Documentation: We’re happy to share that Version 1 of our application documentation is written. This will help our users to get the most out of our platform.

5. $NAMI Transaction Indexer: Our indexer, which scans, processes, and saves all $NAMI transactions, is ready to go. This enables us to offer downloadable transaction histories for tax purposes, statistics and more.

6. Partnership with starsquid: We’re excited to announce our collaboration with the trusted validator and community member starsquid. He will host, maintain, and secure our servers, ensuring everything runs smoothly and securely.

What’s Next:

1. Submit SC for Review: We’re preparing to submit our smart contracts for review.

2. Integration of SC and Off-Chain Algorithm: Our team will focus on integrating the smart contracts with our off-chain algorithm.

3. Security Enhancements: We’ll be clarifying more security-related details to ensure our platform remains safe and secure.

4. Frontend Code Refactoring: We’re planning to refactor our frontend application code for better performance and usability.

5. Institutional Investors Landing Page: We’re starting work on a dedicated landing page for institutional investors. The goal is to motivate them to talk to us and share their needs.

Thank you all for your continued support and enthusiasm. Stay tuned for more updates, and as always, happy to have you with us on this journey!

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