Blitz Labs

<p>This time, our biweekly recap took a little longer to deliver, but here it is, brief but significant for us.</p><p>It’s been two weeks and three days since our last recap, and despite the current market conditions and high volatility across the board, we’ve made significant progress.</p><h2 id="header-0">Brief summary:</h2><ul><li>There have been zero listings in the last two weeks because our token is already on almost every platform, and those that we are aiming for are currently out of our reach due to holder amount, for example, trustwallet requires a minimum of 10000 holders,</li><li>Marketing is obviously on hold due to constant development and market conditions that would most likely have little effect, so treasury preservation and building are our primary game plans for the time being,</li><li>Blitz Labs has been verified on Twitter,</li><li>Due to the current unpredictability of market conditions, almost all positions have been closed and diversified into safe stablecoins — USDC, BUSD, and USDT — in order to preserve treasury capital. We were forced to close the WMEMO position and swap MIM to the aforementioned stablecoins in order to mitigate the risk of MIM depeg (WMEMO is paired with MIM),</li><li>Regardless of market conditions, our team is still on the lookout for profitable trading opportunities.</li></ul><h2 id="header-1">Here is an update on development progress:</h2><ul><li>BlitzLock creation (contracts &amp; dapp subpage) is finished,</li><li>Create token feature (contracts &amp; dapp subpage) is finished,</li><li>The final branding is about 90% complete; it will take a few days to implement a few minor esthetic improvements before we can publicly release some sneak peeks,</li><li>Blitz Anti-bot and BlitzDrop are still in development.</li></ul><p>We can easily say that we accomplished nearly every goal we set for ourselves during this two-week period based on the information presented above. This week, we intend to schedule Solid Group and Certik to begin auditing our launchpad before the official launch.</p><h2 id="header-2">Plan for the coming weeks:</h2><ul><li>The launch of BLITZSale, although it is very dependent on how one of the two audits goes,</li><li>Begin development of the BLITZSender,</li><li>Configure a multisig for the Blitz Treasury,</li><li>Strengthen treasury and risk management.</li></ul><p>Stay safe and have a good day,<br />Blitz Labs Team</p><blockquote>Learn more about Blitz Labs Protocol, chat with the team, others in the community, and have your say in shaping the future of decentralized finance. <strong><a href="https://blitzlabs.io/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/BlitzLabs_io" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://discord.gg/blitzlabs" rel="noopener noreferrer nofollow">Discord</a></strong></blockquote>

Blitz Labs Biweekly Report #2

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