Development unWrapped: January Kick-Off
By: Bilal Sanchez
We made it! 2022 is FINALLY here, and we have lots of development updates planned for our line of products this year — including something we can’t say just yet… ;)
In the first Development unWrapped of the year, we’ll look at:
- Uniswap Liquidity: Advanced Mode now live (ReserveLending)
- Front-end changes to the overview page now live (ReserveLending)
- MATIC borrows coming soon (ReserveLending)
- ReserveFunding front-end updates
- Bug fixes and performance updates for ReserveFunding & ReserveLending
Uniswap Liquidity: Advanced Mode Now Live (ReserveLending)
We’re excited to announce that the advanced features for Uniswap staking and single-sided staking are now live! With a quick toggle of the “Advanced Mode” button, you’ll access advanced staking options to manage your liquidity position with more precision.
As mentioned in our previous Development unWrapped, we were in testing mode, and surely, we got all of the bugs and issues out of the way to ensure a high quality experience for our users.
Caution: please do not use the “Advanced Mode” when adding a liquidity position if you are not familiar with the mechanics of liquidity pools and price ranges. Misusing this feature may result in poor performance on your liquidity position.
Front-end Changes to the Overview Page (ReserveLending)
What’s cookin, good lookin?! Also announced in our previous Development unWrapped, the overview section for ReserveLending just got a new look! You can view these changes when connecting your wallet on ReserveLending.
With drop-downs options to view your lending positions and liquidity pool positions, this will allow you to get a better overview of your positions within the ecosystem.
Coming soon, users will also be able to view their ReserveFunding positions as well as their Farming positions on the overview page, making it officially your one-stop-shop to all of your DeFi investments powered by unFederalReserve.
MATIC Borrows Coming Soon (ReserveLending)
As it stands, users can lend their MATIC tokens on the ReserveLending platform to earn APY, however you can’t borrow MATIC against your supplied tokens.
Soon, we’re making that possible! MATIC borrowing will be pushed to production on Monday, January 10th.
ReserveFunding Front-end Updates
Over the last couple of months, we’ve been gathering and vetting waitlist participants for ReserveFunding, a platform where you’ll be able to invest your DeFi money in traditional investment vaults offered by funds across the globe that cover real estate markets, venture capital, private equity, and more, without having to talk to bankers or be a bank yourself.
In the recent ReserveFunding update, we’re moving a step closer to our vision by adding a home page, upcoming vault offers and opportunities, and lastly an explore page to visualize the onboarded funds and the options for registered funds to list themselves on our platform.
The new ReserveFunding landing page gives you insights on what the product is all about and showcases some “general offers” for people thinking of signing up. From an institutional perspective, it also gives the option for funds to apply and get their funds listed, allowing them to bring on a new source of liquidity.
The explore page gives you an overview of the most popular funds as well the recently-listed and upcoming funds.
Once you click on a fund, it will show you a general overview of it under the “Overview” tab, including the highlights of the fund, info about the CEO and the unique investment opportunity. It’s not every day that a traditional investment fund can grab liquidity from DeFi investors ;)
Additionally, on the “Details” tab, it will explain the expected returns, the fund’s fees, investment processes, structuring, asset management and most importantly, risk management. This tab is crucial for investors looking to put their $USDC into a traditional investment vault.
Funds can apply to register themselves on ReserveFunding by filling out the form to get listed. After providing basic info such as company name, representative name, email, type of fund and the fund size, our business development team will get in touch with you as soon as possible.
Bug Fixes and Performance Updates for ReserveFunding + ReserveLending
Lastly, there were many bugs and performance issues that were fixed in the last sprint. We’d like to thank our community members and QA testers for actively looking for bugs and ways to improve the performance of our platforms.
🏁 That’s it for the first Development unWrapped of the year folks! 🚢 🌊
We’re excited for what’s coming in the next few months and we just ask that you sit tight and trust the process. We’ll be hitting you with another product update in the coming weeks — so stay tuned!
Although the material contained in this website was prepared based on information from public and private sources that Residual Token, Inc. d/b/a unFederalReserve believes to be reliable, no representation, warranty or undertaking, stated or implied, is given as to the accuracy of the information contained herein, and Residual Token, Inc. expressly disclaims any liability for the accuracy and completeness of information contained in this or any article.
This article, our website, social media posts and other public forum materials are distributed for general informational and educational purposes only and is not intended to constitute legal, tax, accounting, or investment advice. The information, opinions and views contained herein have not been tailored to the objectives of any one individual, are current only as of the date hereof and may be subject to change at any time without prior notice. Residual Token, Inc. does not have any obligation to provide revised opinions in the event of changed circumstances.
All investment strategies and investments involve risk of loss. Nothing contained in this website should be construed as investment advice. Any reference to an investment’s past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit.
Any ideas or strategies discussed herein should not be undertaken by any individual without prior consultation with a finance, tax or legal professional for the purpose of assessing whether the ideas or strategies that are discussed are suitable to you based on your own personal objectives, needs and risk tolerance. Residual Token, Inc. expressly disclaims any liability or loss incurred by any person who acts on the information, ideas or strategies discussed herein.