Weekly update on development process (May 10, 2022)
Coliquidity ($COLI) allows you to provide liquidity using only 1 token. We match two providers to create a joint position. Less risk, more reward for each LP šSubscribe to our Telegram / Twitter to get notified about new pools.
Weekly progress
- š¤ Attended MetaVentures Phuket as a speaker.
- š¤ Connected with 50+ influential people in the space.
- š§ Settled on our strategy for the upcoming months.
Lessons learnt
- Winter is coming ā crypto-winter, to be precise. Lower prices lead to negative sentiment. Negative sentiment leads to lower prices. Investment volume is decreasing while the new project count is increasing.
- Fret not ā we do have enough funds to survive the crypto winter and emerge stronger.
- We should use our advantage of having launched the project to help others launch their projects, too. The valuations shall go down, and fewer projects shall be able to successfully fill the rounds. This emphasizes the role of advisors during the raise. We have already received multiple requests for this service & decided to follow the demand. Since Coliquidity can be used during the launch to provide additional liquidity into the pool, there is clear synergy between advisory service & our product.
Also, Coliquidity can be used for both longing & shorting. Unlike a yield aggregator, which is only useful in a bull market, Coliquidity is useful in the bear market, too.
Next weekās focus
- š¤ Increase our network & strengthen existing connections.
About Coliquidity
Coliquidity ($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.
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 + PancakeSwap