📢 Secured Finance Weekly Update
Secured Finance continues advancing on @USDFC_Protocol Beta, expanding our analytics infrastructure, and launching new campaigns to reward early adopters. Let’s dive into this week’s updates:
🏦 USDFC (Filecoin-Backed Stablecoin)
Beta Testing & SushiSwap LP:
- Beta testing for USDFC continues with active observation of @SushiSwap liquidity and peg performance.
- Ongoing efforts to ensure deeper liquidity through market making and price monitoring.
Security & Stability:
- Stablecoin App v1.0.3 released with UI and backend improvements.
- Core security upgrades completed, addressing TLS, cipher security, and injection vulnerabilities.
- Bug bounty program remains live via @hexensio & @xyz_remedy.
UX Enhancements:
- Dropdown iconography improved for smoother app navigation.
- “Debt in Front” redemption queue feature continues development.
Integrations:
- @LighthouseWeb3 now supports payments in USDFC, broadening the stablecoin’s utility across the @Filecoin ecosystem.
📈 Lending Platform
24h Change Indicators & SDK:
- Work continues on the 24-hour price change display for asset dropdowns.
- Subgraph improvements and SDK updates enhance real-time data accuracy.
Data Indexing:
- Final testing underway for trading volume query integration and improved subgraph syncing for Filecoin metrics.
🌐 Collaborations & Community
Campaigns Update:
- The USDFC Social Mission campaign has officially concluded with over 4,000 participants. Thank you to all community members who joined and supported!
- We’ve now launched a new @Galxe quest: USDFC Pioneer Trading Mission.
Upcoming Integrations:
- @DefiLlama will soon begin listing USDFC trading volume.
- @axelar onboarding for cross-chain swaps is also underway, enabling USDFC to go omni-chain.
Community Call #86 Recap:
- Held on April 24, we covered Beta feedback, campaign results, and what’s ahead for USDFC.
Documentation:
- Updates continue across our USDFC and Lending App docs to streamline user onboarding and technical clarity.
🔗 Resources
- USDFC App: https://t.co/7hnxa58Z15
- Lending Platform App: https://t.co/jSG1GOoMAP
- Official Documentation: https://t.co/rT2YHcxqOc
- New Galxe Quest: https://t.co/NIOOROs01g
USDFC is gaining traction, and our community continues to grow thanks to your support. Let’s keep the momentum going — and continue building DeFi for the next era. 🚀