deFarm Monthly Updates - June 2023📑
deFarm Monthly Updates - June 2023📑
June has been an exciting month for deFarm, with the team making significant strides with considerable achievements and exciting developments. In this comprehensive update, we will take you through the significant milestones and accomplishments we have reached over the month. Let’s dig in!
Product📦
Our development team has been working diligently on creating new features and enhancements to deliver the first two products Single Farm and Seasonal Farm in time.
1. Single Farm
In spite of the difficulties presented by the sudden conclusion, our team showcased incredible resilience and flexibility. Sending gratitude to our great partner Perpetual Protocol, the first product, Single Farm has successfully launched a private testnet on the Optimism Goerli Testnet with 200 dedicated participants. We’ve collected a few of good metrics, here are the recap:
669 Farms are created
Over $20K deposited into farms
Over $200K in total trading volume on the partner
Following the end of the event, participants provided positive feedback regarding the user-friendly UI/UX of Single Farm, highlighting its smooth experience, minimal barriers and no major bugs.
Presently, we are working on incorporating new features to further improve the user experience on the platform. These features will provide users with a more intuitive overview of their activities and facilitate convenient portfolio tracking:
Portfolio: enables investors to easily track the farm they have joined and invested in.
Manage Farm: allow managers to monitor and oversee the farms they have created.
2. Seasonal Farm
We are on the verge of releasing our second product - Seasonal Farm, on the testnet. Our dev team is diligently assembling the smart contracts and actively working to identify and resolve any bugs.
3. Website
Save the best for last, the website is undergoing a comprehensive revamp, prioritizing a cutting-edge Web3 design and incorporating abundant and valuable information. Our dedicated design team is putting their utmost effort into presenting product details and features in a visually appealing, user-friendly manner, ensuring information is conveyed intuitively, with clarity and ease of comprehension.
Community🌍
Our presence on social media platforms continues to expand, with an impressive reach of over 170K impressions and an increase of over 3K new followers on Twitter alone. This substantial growth serves as testament to the strong and passionate deFarm community, and we sincerely appreciate your ongoing support.
Partnership🤝
As our products near their finalization and prepare to enter the public testnet phase, our business development team is actively engaged in discussions with numerous decentralized exchanges across various networks. These collaborative conversations primarily revolve around technical support for seamless integration into deFarm, strategic planning for marketing assistance, organizing airdrops and incentive programs for communities, as well as negotiating relevant terms and conditions.
Coming Next in July👀
June proved to be an exceptional month for deFarm. We express our deep gratitude for the active engagement and support of our amazing community, which contributed to a busy and highly productive period. As we anticipate the arrival of July, we’re thrilled to announce that it holds significant promise. With the Public testnet launch, we want to seize this opportunity to invite everyone to experience deFarm during its testnet phase along with a trading competition and prize pools.
We are brimming with excitement for what lies ahead and eagerly anticipate sharing the next phase of deFarm with all of you.