Weekly update on development process (Feb 07, 2022)

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.

About Coliquidity

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With Coliquidity, you can provide liquidity using only 1 token. We match two providers to create a joint position. Less risk, more reward for each LP 😉

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Coliquidity

Coliquidity

With Coliquidity, you can provide liquidity using only 1 token. We match two providers to create a joint position. Less risk, more reward for each LP 😉

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