Weekly update on development process (Feb 07, 2022)

Fairpool
2 min readFeb 7, 2022

Coliquidity ($COLI) allows you to provide liquidity using only 1 token. We match two providers to create a joint position. Less risk, more reward for each LP 😉Subscribe to our Telegram / Twitter to get notified about new pools.

Weekly progress

  1. ⚒ Opened a liquidity pool for $BULL-$BUSD on PancakeSwap (trade here).
  2. ⚒ Deployed an upgrade for SHLD token contract (set name to “Coliquidity Token”, set symbol to “COLI”).
  3. ⚒ Researched the blockchain bridges for $COLI token, settled on Multichain.
  4. 🤝 Submitted applications to update our social media channels & token info on CoinMarketCap & CoinGecko.
  5. 🔎 Updated the Coliquidity Rewards Program (new providers need to buy & lock $COLI to receive guaranteed profit).

Lessons learnt

  1. We need to explain our rewards program better. It’s a novel way to attract people to try the product, so not everyone understands it initially. However, we’ll be giving real money, so people have a real incentive to understand it.

Next week’s focus

  1. ⚒ Create the $COLI token pool on BSC mainnet.
  2. ⚒ Prepare for launching the rewards program: implement $COLI token locking.

If you have questions about our progress, please send them to the special group. This week we will host an “asynchronous” AMA — we will answer the questions and post a recording on Wednesday. We feel that such a format is better for internal community Q&A, because it allows the participants from all timezones to send the questions in advance & listen to recordings separately.

About Coliquidity

Coliquidity ($COLI) allows users to make more money by banking on uptrend & collecting LP fees at the same time. If you want to get notified about early access to our pools, please follow our Telegram & Twitter. If you want to trade the $COLI token, use Uniswap or DEXTools.

P.S. Shield Finance is our old name. We have recently changed our name to reflect the new value proposition.

Any questions? Reach out to us:

Website: www.coliquidity.com

Telegram: @Coliquidity

Twitter: @Coliquidity

Anchor Podcasts: Coliquidity

Discord: Coliquidity

Reddit: r/Coliquidity

Medium: @Coliquidity

YouTube: Coliquidity

$COLI token: Uniswap + DEXTools

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