Denaria Behind the Scenes: Product Update – Pt. 2
The work behind the scenes never stops. Since our last product update, significant progress has been made and here’s a brief summary of everything we’re working on right now:
🔹 Smart Contract Improvements - We’re completing a renovation and general improvement of our smart contracts, made possible by upcoming updates on Linea Mainnet, which will improve transaction fees and security.
🔹 Internal Audit & Bug Fixing - Before the final external audit, we are conducting an intensive bug-hunting and attack simulation phase. This work is being run in coordination with the simulation campaign.
🔹 Simulation Campaign for Parameters - A simulation campaign has been kicked off to fine-tune parameters like the funding rate, vault parameters, and dynAMM behavior.
🔹 External Audit - After the internal audit and redefinition of key parameters, we will kick off the external audit which will give us another layer of security for the smart contracts.
🔹 WebApp for LPs - As previously shared in a post on X, the LP WebApp is under active development. A first alpha version is complete, and internal testing has already begun. Position adjustment remains the most complex feature, and testing is now underway.
🔹 Proof of Personhood Issue and Solution - After the issues with Anima, we're developing a new solution to verify the users' humanity. Since day one, we've aimed to protect the points campaign from Sybil attacks and bots and we’re doing everything we can to push this development in testnet.
🔹 Liquidation System - We’ve entered a new phase for the liquidation module. After finalizing the design, SDK development has begun. This component will play a critical role once the mainnet is live.
🔹 DAO Design & Incentives - We’re also working on DAO mechanics: incentive structures, lock periods and the distribution method for rewards.
JupSync has hit 2K followers!💚
To thank yall we are opening another giveaway on top of the one thats running right now!
This one will last 24 hours!
Again, any interaction makes you eligable!
2x 50 $JUP
Denaria's value proposition is clear: building a truly decentralized and fully onchain perpetual DEX on @LineaBuild that benefits traders and liquidity providers.
🚨 Bravea’s Public Sale is coming to Lynex on June 10 at 15:00 UTC!
Discover how $BRV powers a new synthetic $ETH ecosystem and how to join the sale in our latest article.
👇
https://t.co/rrD4ogLDkx
🚨 Big news!
We’re excited to host the public sale for @braveaprotocol, a unique protocol that transforms $ETH into its synthetic counterpart, $ETHX, unlocking new financial possibilities without requiring direct asset ownership.
🗓️ Mark your calendars: June 10, 15 UTC
👉 https://t.co/Q4ndJokPoJ
More details coming soon!
🚨 Giveaway Alert! 🚨
Win a NerdQaxe++ solo #Bitcoin miner | compact, open-source, built for solo mining.
To enter:
❤️Like
🔁Repost
✅Follow @mining_central
14 days to enter, winners announced June 1st.
Tag a friend to start solo $BTC mining, let’s #decentralize this thing! 🧡
💥 $5B Trading Volume Milestone! 💥
Lynex has hit $5 billion in all-time trading volume on @LineaBuild!
Huge thanks to our community and partners for being part of this journey—here’s to even bigger milestones ahead! 🚀
An Opportunity Like No Other! 🚀💎
Hey CROWDers, if you’ve been keeping up with our updates, you know that everything is moving forward as planned. ✅
We’ve taken our cross-chain algorithm to the next level by adding a powerful new component, and the results have been game-changing—generating revenue like never before. 🔥💰
But here’s the real news… Something HUGE is coming! We’re working on an opportunity that’s unlike anything we’ve done before, and it will be revealed in the coming days. 🔜💥
Get ready—because you DO NOT want to miss this! Stay tuned! 👀✨
#CROWD #Crypto #cryptocurrency #CrowdSwap #DeFi