Weekly Report
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This week, the technical team is mainly working on preparing more fully for the mainnet launch, including adding multi-signature mechanism, internal testing of liquidity mining feature, and launching the UI interface of dark night mode. The marketing team is also working hard to warm up for the main online launch, including establishing cooperation with media/community, arranging AMA, and launching joint airdrops and other activities with Vee partners.
The airdrop list, which is the biggest concern of the community users, is being counted hard, and the specific result will be announced next Monday. For users who are not in the airdrop list, we will also issue Vee exclusive medal NFT. in addition, the next airdrop is already being arranged, please pay attention to the official announcement in time. It is worth mentioning that Vee completed a new round of funding this week, with investors including Ti Capital, Lancer Capital, Chronos Ventures and other institutions.
Technical Progress
Adding multi-signature mechanism
Security has always been a top priority for us. The technical team has taken various measures to ensure the safety of users' assets, including bug vulnerability suspension, reinforcement of the underlying contract, submission of smart contract code to Slow Fog Technology for audit, and this addition of the multi-signature mechanism.
Internal testing liquidity mining
We plan to open liquidity mining at the same time as the mainnet. In addition to the VEE mining rewards, there will be other token airdrop rewards for specific trading combinations, so stay tuned!
UI launches dark night mode
We hope to continue to provide users with a better experience, and in response to requests from many community users, we have launched a dark night mode, welcome to use it and give feedback.
Marketing and Partners
Completed a new round of funding with investors including Ti Capital, Lancer Capital, Chronos Ventures, and other institutions.
The list of airdrops will be announced next Monday, and the next round of airdrops will be released next week, please stay tuned to the official news.
Participating public test users reach 13,000; total wallet addresses reach 12,000+
Set up AMA time with longkui community, and established cooperation with some media/community Preliminary cooperation with a number of organizations, in the process of determining specific cooperation details
Community
Telegram: 28100+
Telegram_CH:4500+
Twitter: 23000+
Discord: 16200+
Medium: 17000+
With the continuous efforts of the technical team, Vee is getting closer and closer to the mainnet launch. Community users are requested to pay attention to official media or specific notifications from the community in time. Another thing to remind everyone is that as agreed, Vee’s first airdrop event will end next Tuesday (August 31), and the specific rules are expected to be released on September 1.
In order to meet the mining needs of users with low-risk preferences, the technical team has developed a stablecoin zone this week, which is currently in internal testing and will be officially launched next week. SlowMist also issued an audit report on the Vee smart contract this week, and the conclusion of the report is as good as the team expected. In addition, the design team is constantly optimizing the UI to provide a better user experience.
Technological progress
Mainnet will be launched soon
The mainnet launch has officially entered the countdown, and community users are invited to pay attention to official media trends in time.
Stablecoin Zone
In order to facilitate users to freely exchange stablecoin, we have launched a stablecoin zone. In addition, compared with other encrypted asset projects, Vee sets a much higher mortgage rate for stablecoins. Therefore, stablecoins can be used for higher-leverage low-risk mining on Vee.
Optimize the UI
Providing users with a better experience is one of the highlights of Vee. To this end, the design team has been optimizing the UI, and everyone is welcome to provide valuable comments.
Marketing and partners
The first airdrop event is coming to an end, please pay attention to the official media in time
The number of users participating in the public beta reached 11,000; the total wallet addresses reached 9,421
Community
Telegram: 28100+
Telegram_CH: 4500+
Twitter: 23000+
Discord: 16200+
Medium: 16900+
Since the release of the new version last Friday, the Vee technical team has been working non-stop this week to check the basic features and contract code, to ensure the safety of funds and to get the main website online as soon as possible. We have also upgraded the Faucet to expand the number of test tokens that users can receive at a time by 10 times, making it easier for users to borrow and trade on Vee with more "recklessness".
The number of users participating in Vee's public test is also growing, and since the opening of the public test on July 10, the number of Vee users has officially exceeded 10,000. To be precise, the number of users should have exceeded 10,000 on August 14, but Google Analytics did not track the new js in time after the new version was released last Friday, resulting in missing data for two consecutive days afterward. In addition, Vee's total wallet address has reached 8,821.
Technical Progress
Reinforcing the underlying contract
Asset security has always been a key concern for Vee, and this week the technical team has again hardened the underlying contract. In addition, we also submitted the new version of the smart contract code to Slow Fog Technologies for audit.
Upgrade Faucet
Based on the one-click test tokens collection, we upgraded the Faucet again this week, i.e. the test tokens that can be collected each time are expanded by 10 times.
Optimize UI
The design team is also optimizing the UI in order to meet the needs of users in different regions.
Marketing and Partners
Jointly launch a community campaign with the longkui community. Welcome to follow DeFi's community to do more activities and promotion with us, contact information is at the end of the article.
Participation in the public beta has exceeded 10,000 users; total wallet addresses reached 8,821 Avalanche Foundation has jointly launched a $3 million liquidity mining program to promote the Avalanche DeFi ecosystem
Community
Telegram: 28200+
Telegram CH: 4600+
Twitter: 22000+
Discord: 16000+
Medium: 16000+
In terms of external cooperation, we have entered into a strategic partnership with decentralized exchange Pangolin in a joint effort to expand DeFi's trading scale and liquidity. Vee.Finance is happy to establish partnerships with blockchain platforms or communities, so if you are interested, please contact us through the official community or email (contact@vee.finance).
Technical Progress
Leveraged trading is online
Leveraged trading supports up to 3x leverage to open positions, and adding a slippage alert pop-up window so that users can manage their risk expectations.
New UI release "Trade" function is added to the navigation bar, and the necessary real-time price information of crypto assets is added to the trading page. In addition, users do not need to switch between "Supply" and "Borrow", all content will be displayed in the "Dashboard".
Refinement of interest rate model The interest rate model v1 has been completed and will effectively improve the profitability of the Vee agreement.
Add faucet address in the navigation bar Users can receive various test tokens (WBTC, ETH, USDT, etc.) at "Faucet".
Marketing
Strategic cooperation with decentralized exchange Pangolin
Cumulative users exceeded 9,800 and the cumulative wallet addresses reached 8,541.
Community
Twitter: 22,000+
Telegram: 28200+
Telegram CH: 3600+
Discord: 16000+
Medium: 16000+
This week, Vee.Finance focused on two tasks: Internal testing of margin trading and optimizing website UI. As the first DeFi lending platform integrated with DEx, the leveraged trading function has always been the focus of the team. After many internal tests, it is expected to meet with users in the next few weeks. Compared with the old version of the UI, the new version highlights Vee's trading functions and adds real-time market price information to assist users in decision-making.
We also launched the "Bounty Hunter" event to reward users who provide high-quality advice on the UI, operation, and other functions of the Vee.Finance. We are reaching out to media organizations and various communities, planning to do more activities and publicity, and we are also recruiting volunteers who are interested in getting DeFi lending or Dex. If you are interested, please contact us via email (contact@vee.finance).
Leveraged trading internal test Pending order operation internal test, in progress Clearing service test, in progress
Website UI optimization Navigation bar highlights trading functions Add more real-time crypto asset prices The overall style is more concise and easy to understand
The "Bounty Hunter" program will be released, and platform coins will be rewarded to users who provide high-quality advice on the UI, operation and other functions of the Vee website.
Accepted an interview with Avaxholic, the content has been synchronized to major media platforms.
As of August 5, the cumulative number of users exceeded 9,200; the cumulative wallet address reached 8,335, and the total Avalanche ecological wallet address was 71,105, accounting for 11.5%.
Telegram: 28200+ Telegram Chinese community: 3600+ Twitter: 22000+ Discord: 16000+ Medium: 15700+
Vee.Finance launches first airdrop
The Vee.Finance team released first airdrop on July 26th. This airdrop will distribute a total of 6,000 platform token, please pay attention to the official media platform of vee for details. Other phases of the airdrop will be released later, please stay tuned.
Vee.Finance has surpass 8400 users
Vee.Finance Beta has continued to receive attention from the community since its launch, with more than 4,100 new users last week. As of July 29, the total number of Vee.Finance users exceeded 8,400.
The wallet address on Vee.Finance exceeded 8,000 and the accumulated transactions reached 45,000
According to Explorer data, as of July 29, there are 8,043 wallet addresses on Vee.Finance, and 69,593 total wallet addresses on Avalanche, accounting for more than 11%. In addition, 8,400 users have contributed a total of 45,000 transactions on Vee.Finance.
Leveraged trading coming soon
Leveraged trading is undergoing grayscale testing. After going online, Vee.Finance will support up to 3 times leverage to open positions. Users can freely choose to trade long or short postion.
Vee.Finance released "pick your favorite visual design" campaign
Vee.Finance released three main visual design drawings to be used for future publicity on Twitter and invited community users to vote on his favorite design. The current design drawing B leads with a slight advantage of 35.6%.
Community popularity
Total users of Telegram: 27000+
Total users of Telegram Chinese community: 3800+
Twitter followers: 21000+
Discord followers: 15000+
Vee.Finance has opened for public testing and currently has over 5,000 total users.
Vee.Finance launched "Bounty Hunter" program.
Vee.Finance V2.0 coming soon.
Vee.Finance V2.0 will come soon. In the new version, in addition to fixing the bugs that have been reported by users, Vee.Finance will also provide a simpler user interface, leveraged trading and asset bridge functions.
Vee.Finance CertiK report updated！
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The most important work this week was the release of version 2.0 by the Vee.Finance team. Highlights of this upgrade include the introduction of leveraged trading, the release of a new UI, and the addition of a tap pickup address on the front end. For a detailed introduction of the feature updates click . For the convenience of users, we have also updated the user manual for the new version, which can be viewed by clicking .
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Vee.Finance has recently opened for public testing and will soon launch VEET airdrop. As of July 22nd, the total number of users has exceeded 5,000, including 2,800 new users last week. To participate in the beta test, please click: .
Vee.Finance team launched a bug "bounty hunter" program to reward users who provide feedback and suggestions. For more information about the event, please join the official telegram（）.
Vee.Finance smart contract code has passed the Certik code audit. More information can be found on .
