Hello everyone,
It’s been a long time. We’re circling back here about where we are on our roadmap after 10 months for a few reasons.
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First, the credit delegation milestone. After having implemented the CD feature and dealing with that on our protocol, we quickly came to the conclusion that this architectural solution was not scalable for two main reasons:
→ 1) Dealing with aTokens (which act kind of credit lines in this case) instead of ERC20 was inducing a lot of complexity as we had to keep track of every delegators in our smart contract.
→ 2) Those extensive mapping coupled with our order book of rate resulted in crazy gas costs in order to interact with those contracts.
We thus decided to go with the more pragmatic approach and stay with ERC20 tokens. That being said, we still use Aave as “Yield provider”, every time funds are placed on our protocol waiting to be matched with a borrower, we place the funds on Aave. We’re now compatible with Aave V2 and Aave V3. -
Secondly, given that our last milestone is mainnet release, we worked towards that main goal before circling back here.
A lot of unexpected events happened along the road (like our rebranding to Atlendis and Atlendis Labs) but now we’re happy to share with you that we will be launching the Atlendis V1 this month. I’m not sharing too many details in advance as we’re still pitching the news under embargo.
I will revert to you shortly after the protocol will be deployed live to finalize our update. Thanks again to the Aave community which has been so helpful in our journey towards shipping our first product! That means a lot to us and we’re looking forward to your feedback on what we built!
In the meantime, if you’re interested in testing our private beta, feel free to join our discord, we’re still opening slots for new testers there!
Best,
Alexis