Sep 19, 2022
The Kassandra Gazette — The subgraph is dead. Long live the subgraph. #8
Breaking the bank and taking YieldYak with us.
K3C now has more TVL than most world economies combined. What does this mean for DeFi?
An omen for times to come. Or just the fact that our subgraph broke down again… who can know for sure, am i right?
Either way, we continue.
- Four new tokens coming to aHYPE
- Manager interviews coming to an end (message us for more details!)
- Finalizing the new fee structure
Let’s dig in, baby blue.
If you’ve been paying attention, the voting for new token additions to aHYPE has just closed, to surprising results.
Now comes the next step: Including tokens through governance vote.
And who are those newcomers? Well…
- GMX
- Platypus
- Vector
- and our long time friends, YieldYak!
We will be opening a governance vote and announcing it on our socials very soon, so keep your eyes peeled and your KACY staked to prepare for the vote!
Our protocol team is still working on the smart contracts for fund creation, but we’ve made huge strides in designing the new features themselves, thanks to the manager interviews we’ve been doing.
- Manager interviews
- Smart contract bulding
And yes, we’re still searching for managers, so if you’re interested in being one, reach out to us!
The usual swap fee is about 0.3%. However, our team has been working on finding out if this is really ideal: Our very protocol is dependent on swap fees and arbitrageurs to keep pools rebalanced and working.
It is a lengthy process, which is why we’ve been working on this for months now, measuring the impact on each different fee for weeks at a time to ensure ideal pool conditions.
Our twitter response has been amazing. We’ve been putting a lot of effort in social media to improve our presence, and we’re glad to say it’s working!
Just check our latest analytics page:
Overall, not much has changed since our last report. It has been expected, given that we’re working with new features from scratch. Rest assured, we’re doing everything in our power to make sure our roadmap gets delivered as soon as possible.
Happy with our work? Angry? Wanting to vent? Reach out to us on our socials below!
About Kassandra
Kassandra is an audacious project to delegate money management in a decentralized, efficient, and customizable way, working as a marketplace for tokenized and data-driven investment strategies.
