Kassandra Gazette #26 — Overcoming Challenges, Celebrating Successes

A Sprint of Resilience

Kassandra Foundation
3 min readNov 20, 2023

Hello Kassandra Community,

Another vibrant sprint has passed, and we’re here to share the triumphs and challenges that keep pushing Kassandra to new heights.

Avalanche Pool Update: A Story of Vigilance

We faced a significant challenge with our aHype pool when the Yeld Yak Vector sAvax token in the pool composition became malicious following the Vector hack.

But there is nothing to worry about because our PM, jrhaskel, saved the day. His proactive measures included removing the token, securing the pool, and ensuring no major TVL losses.

This incident underlines the importance of constant vigilance and rapid response in the dynamic world of DeFi.

Read the full story here.

Successful Execution of KACY Buy and Burn Campaign

KACY BUY AND BURN CAMPAIGN
KACY BUY AND BURN CAMPAIGN

In our continuous efforts to enhance value for our community and investors, we’re thrilled to announce the successful execution of the KACY Buy and Burn campaign.

This initiative, proposed by our PM and CFO jrhasekl in the previous sprint, has now been brought to fruition.

Thanks to your support and participation, we’ve effectively driven up the KACY price and burned thousands of tokens, strengthening our ecosystem and reinforcing the value of KACY.

Technical Enhancements and Bug Resolutions

  1. We identified and fixed a critical bug that was hiding the Avalanche pool in the manager profile. Your investments and strategies are now fully visible and trackable.
  2. Adjustments in our pool composition led to the removal of Beefy. This strategic decision aligns with our ongoing commitment to optimize pool performance and security.
  3. We’ve refined the price rounding on the investment page, ensuring accuracy down to the last decimal. It’s all about the details!
  4. Our pools are now updated in real-time, providing you with the most current and reliable pricing information for your investment decisions.
  5. We’re excited to announce an update to our subgraph, enhancing how we capture data from investment and withdrawal activities. This update is set to go live soon, marking another step towards data precision and transparency.
  6. Our team swiftly addressed and fixed a bug causing the Pool v1 page to break, ensuring a smooth and uninterrupted user experience.

Engaging with Our Community

Jrhaskel addressed a query from a dedicated community member, kittyxxSoftpaws, about a potential new pool.

Discussing TVL potentials and investment routing challenges, jrhaskel emphasized our focus on serving high-profile clients like Prime Transfero.

The conversation highlighted our dedication to robust backend development and user-friendly pool management solutions.

Stay tuned for more bullish news about that soon…But one thing is certain: new pools are coming!

Conclusion

Your support and engagement are the lifeblood of Kassandra.

Whether it’s navigating through technical challenges or celebrating advancements, your role in our journey is invaluable.

We’re excited to continue this innovation, improvement, and community collaboration path.

Stay tuned for the next edition of the Kassandra Gazette. We promise it’ll be as informative and engaging as ever!

Have an amazing Thanksgiving week ahead.

With gratitude,

The Kassandra Team

About Kassandra

Kassandra is a decentralized autonomous organization (DAO) asset management platform that simplifies creating and investing in tokenized portfolios. It utilizes Balancer Labs Managed Pools and offers a unique approach compared to other asset management platforms.

Website | Twitter | DeBank | Github | Discord | Telegram | Docs

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Kassandra Foundation

The decentralized autonomous organization that governs tokenized data-driven investment funds