Weekly Progress Report (October 02, 2020)

Oraichain Labs
Oraichain
Published in
2 min readOct 2, 2020

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🎉yAI.Finance liquidity mining rewards program started soon🎉

1. We will launch yAI.Finance liquidity mining rewards program. Early supporters can deposit stablecoins (USDT) into the deployed yAI.Finance liquidity contract and begin receiving the ORAI governance token. The started date is October 9th (next week’s Friday).

2. Trading strategies on yAI.Finance will be available on October 15th. It means we start farming on that day. A chosen strategy should be based on ROI, risk score, and price prediction.

3. yAI.Finance’s landing page is being designed in order to show more information.

4. ORAI token is recognized by Etherscan with DeFi, Oracle, Staking and Yield Farming tags: https://etherscan.io/token/0x4c11249814f11b9346808179cf06e71ac328c1b5

5. Market place (alpha version) is implemented in good progress. It will be released on October 16th that follows our roadmap: https://orai.io/roadmap

6. We launched a governance forum at https://gov.orai.io/ where anyone can ask questions and write comments.

7. In order to deliver more transparency as much as possible, we had the following actions:

  • We recap all questions, our answers, and comments on Telegram and keep them at https://gov.orai.io
  • We capture activity log of Telegram channel and keep it at https://github.com/oraichain/sales
  • We send a letter of project progress every week to keep investors updated on the project development.

8. We have published a medium article relating to the technical content of Oraichain. It describes the technologies used to develop Oraichain and the overall development of the system using such technologies. Here is the link to the article: https://medium.com/@oraichain/cosmos-and-oraichain-the-perfect-match-5509c89296cf

9. yAI.Finance AMA and Livestream of how to use are being planned.

10. We are considering auditing yAI.Finance based on community votes.

Stay tuned for more details. Have a nice weekend!

Seed sale is open: https://forms.gle/3eDkXWmb8s6w49zH8

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