Updates include Polkaswap as a Telegram mini app, a new about page, and ongoing enhancements like WalletConnect and Swap page improvements.
Welcome to the latest Polkaswap Ecosystem Updates! In this issue, we will cover the exciting developments unfolding in Polkaswap! Thanks to the new Polkaswap Telegram Mini App, users can now trade cryptocurrencies directly within Telegram. Additionally, a newly designed landing page is now available at about.polkaswap.io, offering a fresh look and comprehensive resources for navigating the platform. Read on for more details.
Polkaswap Telegram Mini App
🥁 Drum roll… Polkaswap is becoming a…. Telegram mini app!
Polkaswap is now accessible directly within the Telegram messaging platform. This integration allows users to trade cryptocurrencies seamlessly without leaving the Telegram app. Check it out!
New About Page
We invite you to explore the newly designed landing page at about.polkaswap.io. This updated page offers a fresh look at Polkaswap, with comprehensive information and resources to help you navigate the platform. This is a great resource to share with your friends and family to get them up to speed on using Polkaswap and understanding the stylish and free features so they can dive right into DeFi!
Key Highlights
Ongoing Developments
As we continue to push the boundaries of DeFi, several notable items are currently in progress:
- WalletConnect Integration — 100% complete
We’re currently integrating WalletConnect as an alternative login method for Polkaswap. This new feature will soon provide users with more flexibility and options for accessing the platform, making it easier than ever to get started. Additionally, we’re working on adding this option to the Polkaswap Telegram Mini App to offer even more ways to connect and trade on the platform. Look forward to these enhancements in the upcoming updates!
- Swap Page Improvements — 95% complete
The Swap Page is set to receive a major update with new widgets and a more customizable interface. Soon, users will be able to drag and drop widgets, hide or show specific elements, and even adjust the size of widgets to suit their preferences. These enhancements are designed to make the trading experience more intuitive and personalized and will be available in the next set of releases.
- Polkaswap Telegram Mini App Enhancements — 90% complete
The Polkaswap Telegram Mini App is being enhanced with improved haptic feedback and broader availability across various Telegram applications. These improvements aim to make the Mini App more accessible and responsive and provide a smoother trading experience. You can expect these updates in the upcoming versions, making using the Telegram Mini App even more convenient.
- Asset Owner page — 90% complete
We’re excited to introduce a major enhancement to the asset creation process on Polkaswap, crafted to be user-friendly and highly intuitive. This new feature allows asset creators to issue new tokens effortlessly with just a few simple clicks. The streamlined process not only makes it easier to create new assets but also encourages innovation and boosts liquidity on the Polkaswap platform.
By simplifying token issuance, we’re welcoming diverse projects into our ecosystem. Whether you’re an experienced developer or just starting out, Polkaswap’s improved asset creation tools provide a smooth experience from beginning to end.
With the successful implementation of the first phase, our development efforts are now focused on further simplifying asset creation, exploring different asset types, and introducing an exciting new concept: Soulbound Tokens (SBTs). SBTs are digital identity tokens that represent an individual or entity's unique traits, features, and achievements.
- Rewards Page Enhancements: Point System — 20% complete
We’re enhancing the Rewards Page with a new Point System linked on-chain to various activities within the SORA network. This system will reward users for their on-chain activities, boosting community engagement and incentivizing broader participation in the ecosystem. These changes are planned for the upcoming releases, so stay tuned to see how you can collect more points!
- Governance page — 15% complete
We’re thrilled to announce significant progress on developing a Governance page directly on Polkaswap! This feature marks a crucial step forward in our goal of promoting decentralized decision-making and community engagement within the SORA ecosystem.
The Governance page will be the central hub for all community-driven proposals and voting activities. Users will be able to:
Propose New Ideas: Submit suggestions for new features, improvements, or changes within the SORA ecosystem. Participate in Voting: Engage in decision-making by voting on active proposals, ensuring every community member’s voice is heard and valued. Track Proposal Progress: Stay updated on the status of proposals, access detailed information, and monitor voting results in real time.
Our development team is dedicated to making the Governance page functional, user-friendly, and secure. We’re actively incorporating community feedback to refine the interface and enhance the user experience.
- HASHI Bridge to the Moonbeam Network — 15% complete
Development is underway to integrate the HASHI Bridge with the Moonbeam network. This bridge will further expand Polkaswap’s interoperability once completed.
Why This Matters: Future-Proofing: Prepares Polkaswap for broader blockchain integration. New Opportunities: Attracts more users and liquidity from the Moonbeam ecosystem, enhancing platform growth.
Help us Get Better
The Polkaswap Bug Bounty is ongoing! Submit your findings to the Immunefi platform!
Read this article on the SORA / Polkaswap Bug Bounty Programme for more information and participation rules.
Bottom Line
Ongoing developments include complete WalletConnect integration, upcoming Swap Page improvements, enhancements to the Polkaswap Telegram Mini App, and a new Asset Owner page to streamline token creation. Future updates will introduce a Rewards Page with a point system, a Governance page for community proposals, and the HASHI Bridge integration with the Moonbeam network.
Stay tuned for more updates, and join us in shaping the future of digital asset exchange within the SORA ecosystem. Don’t forget to participate in our ongoing Bug Bounty program to help us maintain the highest security standards. Together, we’re building a more accessible and vibrant DeFi landscape.
If you missed the previous ones: July 10 / June 5 / April 23 / March 15 / February 29 / January 29 / 2023 Year in Review / December 15 / November 19 / October 26 / October 4 / September 18 / August 31 / August 18 / July 28 / July 4 / June 16.
About Polkaswap
Polkaswap is a next-generation, cross-chain liquidity aggregator and hybrid AMM and order book DEX on the Polkadot (and Kusama) network(s), parachains, and blockchains connected via bridges. Through the development of bridge technologies, Polkaswap enables Ethereum-based tokens to be traded. This is done seamlessly, at high speed and low fees, while exchanging assets in a non-custodial manner on the SORA network.
Polkaswap utilises liquidity aggregation technology to trade against multiple sources, promising to solve critical problems AMM DEXs face, such as impermanent loss and pair fragmentation. As an open-source project, it allows the community to add more liquidity sources, enhancing its potential. Polkaswap is the first cross-chain, fully decentralised exchange interoperable via bridges with Polkadot, Kusama, and Ethereum, with Bitcoin and various EVM-based ecosystems coming soon.
Connect With Us
**Polkaswap 𒊹𒂵𒆜 community:**
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