QUARTZ

Follow our Medium page for latest announcements / updates : <a href="https://medium.com/sandclock" rel="noopener noreferrer nofollow">https://medium.com/sandclock</a>. As another cycle begins we describe below what transpired during the previous one and what was chosen for the next one.Delivery<ul><li>Interface for Multiple Strategies — The bulk of the work is done, some PRs are being reviewed and the time-lock is changing. Also, adapting the Yield Claim modal to support different currencies. Next step is to deploy to staging and test it.</li><li>Liquity Testing — The internal tool is practically complete. Soon, it will be able to adequately backtest the strategy and refine the parameters of the stop loss in order to maximize yield.</li><li>Liquity ETH exposure — All issues were addressed and are pending review of the auditors.</li><li>Applications for a captive insurance fund were submitted.</li><li>Consulted with OneTrust to prepare SOC audits anticipated to begin in Q1 2023.</li><li>Security enforcements—The focus was on doing the necessary work for our backend. This project is ongoing.</li><li>Wallet configuration — Project was not picked up since the focus was on the multiple strategies.</li><li>Opyn Crab Strategy — Proof of concept was implemented for deposits and withdrawals; missing some feedback for the documentation. It is ready for a delivery cycle.</li><li>Tokenized Vault Pilot—Proof of concept was completed but is missing clarity on how it would work with all Sandclock features. Will be used as a stepping stone to developing a StarkNet native architecture this year.</li></ul>Other small updates to the frontend were delivered ad hoc and are not documented here.Discovery<ul><li>Product Management — A roadmap session took place and Cycle Reports were produced. Roadmap requires further iteration to increase clarity on the milestones necessary to execute vision.</li><li>Data &amp; Information Transparency — Requirements were done. Begun working with Onda to get this on the website.</li><li>Goldfinch Strategy — Discovery done. Could bring new sources of RWA yield on-chain by leveraging their infrastructure, but unsure if current product users would use it given the timelock requirements of real world borrowing facilities. Further user research is needed here.</li><li>Unique Monetary Value Display — A solution is documented. Should be able to take it to delivery now.</li></ul>Upcoming CycleWith regards to the new cycle, you can check it out <a href="https://www.notion.so/thelindylabs/Sandclock-Cycle-4e96ed9dedf441c9905da84410d47d15" rel="noopener noreferrer nofollow">here.</a>That’s all for now.

End of Cycle Update #2

Sandclock Team

Other articles published on Jan 16, 2023

Aptos & Sui Overview - New generation blockchain race

Binance Team Foils Money Laundering Attempt on Rival Exchange Huobi

THE KICKSTART NFT 2023 Recap!

Proof of Useful Work: Flux Powers Another Medical App

Shido adds over 20k USD to Liquidity

I didn’t feel offended, I literally am enjoying myself😂

Join our free newsletter for daily crypto updates!