WEEKLY REPORT (April 21, 2021 — April 28, 2021)

Xpool
4 min readApr 28, 2021

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From now on we will be publishing the weekly report on our Medium blog in this exact post. We will be adding new updates to the top of the article so that you could quickly check up on every moment. You will also be able to find the older reports as you scroll the page.

We are working hard to develop and perfect our product, build strong communities as well as spread Xpool ‘s potential through AMAs. Here is what we done and achieved in the last week:

21.04.2021

Business Developer & Marketing:

  • We are working with BSCNews for a long-term marketing plan. Last week, we were proud to be promoted on BSC’s Defi landscape, demonstrating appreciation for Xpool’s growth potential and applicability on Binance Smart Chain network.

https://twitter.com/Xpoolofficial/status/1384837937670627331

Developer:

  • We completed implementing the Incentive module SmartContract. This module is built to config XPO reward in order to encourage any action on the Xpool platform. This is the base for mining/lending mining.

22.04.2021

Business Developer & Marketing:

  • We had a great AMA with CryptoRoyals and received nearly 1,000 questions in the Live Q&A segment! Due to the successful AMA program, we had more than 150 new members joining Xpool telegram group and 200 followers on Twitter’s official channel. That was very impressive statistics we reached, which proved the support and concern of Crypto community with Xpool project.

https://twitter.com/Xpoolofficial/status/1385134810562105345

Developer:

  • We’ve already finished the benchmark Incentive module with various cases and configuration.

23.04.2021

Developer:

  • We had been working on Staking Module SmartContract.

24.04.2021

Business Developer & Marketing:

  • We officially entered into a partnership with Verichains in terms of security consulting.

Verichains is one of the top notch blockchain security teams. With a world-class team with extensive research and development expertise in the areas of security, AI and blockchain technology, they had hands-on experience on auditing various platforms such as Kyber Network, Tomochain, POLARIS, DREP and so more.

https://xpool.medium.com/new-partnership-announcement-xpool-and-verichains-eaa3d6d53b8

Developer:

  • We finished the Staking module and deployed its frontend on testnet. Moreover, the Incentive module was also integrated to Staking module. You can test this function now on https://testnet.xpool.app/stake.

25.04.2021

Business Development & Marketing:

  • We updated Xpool Pitchdesk V1.1 to V1.2. You can read more about those change on our medium:

https://xpool.medium.com/xpool-announcement-9f15cbbe0942

Read our V1.2 Pitchdesk here:

https://drive.google.com/file/d/1pib90Wu9uxvE4gkNYpNNwppVyo9C9_XR/view

Developer:

  • We finished on Governance SmartContract, which is the significant part of Xpool protocol. This made us become a fully DAB — Decentralized Autonomous Bank. Users could use XPO to staking, earning power then use that power to Vote for the whole protocol configurations.

26.04.2021

Business Development & Marketing:

  • We proceeded with API integration to be listed on Defisation after the submit application was approved.

https://twitter.com/Xpoolofficial/status/1386572689876295680

Defistation is a DeFi leaderboard and analytics website for decentralized finance projects building and operating on Binance Smart Chain. This project is developed and maintained by Cosmostation and funded by Binance. Discover and track the total value locked into DeFi projects on Binance Smart Chain in real-time. The metrics and charts displayed on Defistation allows you to gain insight into the growing trends and movements in decentralized finance.

We organized AMA with CryptoMasion and received lots of enthusiastic responses:

  • More than 200 questions were asked on Twitter post
  • Up to 700 questions were posed to us on Live Q&A segment
  • After AMA, the amount of followers on Twitter as well as members on Telegram went up rapidly (at least 200 followers and 200 new members)

Developer:

27.04.2021

Business Development & Marketing:

  • We held a sticker contest and received a positive contribution from the community. We really appreciate the unique and interesting ideas of the participants’ stickers. 20 teams joined and sent us their sticker package, so it was really difficult for us to choose the best sticker for prizes. Thus, we asked the community to vote. Here are the winners’ username on telegram:

1st: @Sableng_R

2nd: @bscharsh

3rd: @cryptoboyzz

4th- 7th: @mssplns, @christian111488, @JusBeHappyAlways, @janglix

8th- 10th: @RGB1230, @angtalong, @zanine12

You can now download Xpool stickers to express your emotion in our telegram group

Despite the limited time, we still received lots of CryptoCypherX member’s concern:

  • Nearly 1000 questions had been raised about Xpool development and upcoming features on the Live Q&A part. We strived to answer as many questions as possible in the most detailed way possible.
  • Thanks to this great AMA, we had attracted more than 200 members on telegram channel and 300 followers on Twitter

Developer:

  • We did the Governance module testing suite. This includes adding proposals, voting, benchmark and executing a successful proposal so as to update Xpool protocol configuration and asset’s variables.

28.04.2021

Business Development & Marketing:

  • Cointelegraph published the news related to the collaboration between Xpool and Verichains — the leading blockchain security teams, stating that this partnership would ensure the security of smart contracts as well as user property when accessing the platform.
  • AMA with Decentralized_Club

Although preparing carefully in advance, we were still overwhelmed by the interest from this community.

  • Up to 800 questions had been raised in 1 minute. That’s unbelievable!
  • More than 350 members follow Xpool twitter, increasing the number of twitter community to nearly 10,000 subscribers.

Developer:

  • We re-deployed a full testnet version for Verichains to verify source code before mainnet launching. This testnet version is also used to make reports for MXC. On the other hand, we are preparing a logging system for an upcoming airdrop/bounty campaign.

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Xpool
Xpool

Written by Xpool

X-pool is an decentralized protocol — built on Binance Smart Chain that enables users to borrow assets from the platform, deploy your assets and earn with ease.

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