Weekly progress

  1. Released the Market Crash Protection app on Binance Smart Chain Testnet.
  2. Held multiple hiring interviews for a marketing specialist (didn’t hire yet).

Lessons learnt

Next week focus

  1. Hire a frontend developer for the Coliquidity app.

If you have questions about our progress, please send them to the special group. We…


Shield Finance ($SHLD) is developing Market Crash Protection. Subscribe to Telegram / Twitter to get notified about early access.

Weekly progress

  1. Started the NFT airdrop.
  2. Reached out to multiple admins to host airdrops in their groups.
  3. Reached out to multiple NFT makers to host airdrops in their groups.

Lessons learnt


Sep 06, 2021

Weekly progress

  1. Completed Coliquidity tests.
  2. Started our first marketing initiative: Heroes Not Dead collection on OpenSea (10000 items total, uploaded 10 manually, working on a script to upload the full collection)

Rules for our NFT collection:

  1. Buyers can pay in $SHLD or $ETH.
  2. Buyers will receive a 50% discount if they pay in $SHLD.
  3. We will burn 100% of $SHLD used to buy our NFTs.

Notes:

Our main goal is to burn $SHLD through our products. NFTs are hot right now, so we decided to take this opportunity to create more demand for our…


Shield Finance ($SHLD) is developing Market Crash Protection. Subscribe to Telegram / Twitter to get notified about early access.

Weekly progress

  1. Implemented the Coliquidity smart contract.
  2. Implemented some Coliquidity tests (work in progress).
  3. Completed the “My protections” page.
  4. Implemented caching for the “Buy protection” transactions (show them from the database, don’t query the blockchain).

App preview: https://dev.shieldfinance.io/ (alpha version; some buttons may not work)

Next week focus

  1. Polish the Market Crash protection app (fix bugs, improve performance).

$BULL airdrop

The gas fees on Ethereum are still high due to the NFT mania. If they are still above 20 gwei…


Shield Finance ($SHLD) is developing Market Crash Protection. Subscribe to Telegram / Twitter to get notified about early access.

App preview: https://dev.shieldfinance.io/ (this is a work-in-progress; some buttons may not work)

We have fixed the contract calls in the Shield app and improved the error handling mechanism. The integration with our MCP smart contract is completed. We were able to submit a buy transaction on the contract and complete the workflow.

In addition to the main product of Shield Finance, we have started to explore the Coliquidity idea. Coliquidity means “Combined Liquidity” - it’s a smart contract that combines 2…


Shield Finance will deploy Market Crash Protection contracts for Trava Finance + Trava Finance will provide token market analysis based on a unique mechanism

Shield Finance ($SHLD) is developing Market Crash Protection. Subscribe to Telegram / Twitter to get notified about early access.

Shield Finance ($SHLD) is excited to announce a partnership with Trava Finance ($TRAVA) — the world's first decentralized lending marketplace.

Summary

  • Trava Finance will place…

Shield Finance ($SHLD) is developing Market Crash Protection. Subscribe to Telegram / Twitter to get notified about early access.

App preview: https://dev.shieldfinance.io/ (this is a work-in-progress; some buttons may not work)

We continue to develop Market Crash Protection app. We found some bugs with former deployments and took some time to fix them before going ahead with new deployments.

Also, the team has designed a co-liquidity mining program which will be announced later this week. …


Shield Finance ($SHLD) is developing Market Crash Protection. Subscribe to Telegram / Twitter to get notified about early access.

App preview: https://app-shield-finance-hq.vercel.app/ (this is a work-in-progress; some buttons may not work)

After validating the responses received for the Buy Market Crash Protection form, we have collected the stats for all responses and analysed the demands for token insurances.

Based on the poll stats, the demand for BTC & ETH is higher than for specific altcoins. This confirms our initial hypothesis that we should start with offering protection for those assets.

Interestingly, the results of the public poll are different from…


Shield Finance ($SHLD) is developing Market Crash Protection. Subscribe to Telegram / Twitter to get notified about early access.

App preview: https://app-shield-finance-hq.vercel.app/ (this is a work-in-progress; some buttons may not work)

We have validated the user demand for Market Crash Protection. The Buy Market Crash Protection form we created last week received a good number of responses and we will make contact with those users to set up the MCP for the tokens they specified.

Also, we prepared the $BULL token airdrop to resolve the issue in the contract for the second phase distribution and set the claims for the…


Shield Finance ($SHLD) is developing Market Crash Protection. Subscribe to Telegram / Twitter to get notified about early access.

App preview: https://app-shield-finance-hq.vercel.app/ (this is a work-in-progress; some buttons may not work)

Last week, we re-implemented the MCP contract according to the new architecture. It allows the liquidity providers to adjust the premium via REST API without sending a blockchain transaction, which saves them money.

Also, we conducted 5 customer discovery interviews where we watched how users interact with the MCP prototype. We asked follow-on questions to understand the user needs, so that we could make a better app. …

Shield Finance

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