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Permissionless Trustless Decentralized Exchange

Launch your project on Xchange with 10-1000x the initial liquidity across multiple blockchains where anyone can Swap, Borrow and Lend!

X7 Finance·Trust No One. Trust Code. Long Live DeFi.
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May 2023
on-chains

may-23-2023 03:04:49 am +utc

https://etherscan.io/tx/0x0f9f2f212c0545f36c5b22880f43ecb3545dbcd6a0491a30e0084828d7edba07

gm or gn.

Please find below a workstream progress update for 2023-05-22.

This week we are pleased to make a number of important announcements.

  • The loan origination user interface is almost complete. This will provide for loan origination as a seamless extension of a typical uniswap style "Add Liquidity" workflow, offering project launchers an extension to a familiar user experience in existing DEX UI implementations. We expect full delivery within the next few days.

  • We found some simplifying scope reductions for omni routing that will allow us to ship a beta version of the XChange swap with DEX selection. Cross-DEX routing will be added in iteratively.

  • With the loan UI workflows and XChange swap workflows implemented, we plan to ship a beta version of the entire Xchange experience no later than 2023-06-02. This will allow the community and savvy project launchers and speculators to try out and experience the end-to-end loan and swap workflows. This will provide critical product proof and feedback which can be used in the final go-live development process as well as the pr* With the loan UI workflows and XChange swap workflows implet projects from borrowing liquidity and launching due to our permission-less nature. It is possible a few projects choose to borrow liquidity despite this beta status, but we'd encourage projects to consult with community leaders first and consider launching after XChange exits its beta stage a few weeks later.

With this full beta experience going live within the next two weeks we also want to announce:

  1. The "Maxi" NFT mint prices on Ethereum will be raised next Monday, 2023-05-29, at 7PM UTC. The planned price increases have been previously published, however we welcome community input (via general discussion and optionally via an advisory DAO vote on snapshot.org).

  2. We share your enthusiasm for a long-awaited launch of Xchange and want to celebrate this upcoming event by hosting a text based AMA where community members and on-lookers can ask us questions about the protocol in regards to vision, future, launch, and so much more.

    Who: X7 Community + 7 Founding DAO Devs
    What: Telegram Text Based AMA
    Where: X7 Announcements Channel
    When: 2023-05-25, at 10pm UTC


WS1.1: Omni routing (multi dex routing "library" code)
95%

WS1.2: Omni routing (multi dex select "library" code)
100%

WS2: Omni routing (UI)
45%

WS3: Borrowing UI
95%

WS4: Lending and Liquidation UI
85%

WS5: DAO smart contracts
Started

WS6: X7 DAO UI
Not Started

WS7: Marketing "Pitch Deck"
95%

WS8: Decentralization in hosting
50%

WS9: Developer Tools and Example Smart Contracts
75%


As always,

Trust no one. Trust Code. Long Live DeFi!

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