Product Development Update – November 2023

Dive into the latest advancements from Arkis this November as we edge closer to redefining the DeFi landscape.

As the leaves change color and the year nears its end, the Arkis team remains steadfast in its commitment to innovation and excellence in the world of DeFi. November has been a month of significant strides, marked by key updates across our backend, blockchain, and frontend domains. 

From migrating to the latest technology on our development node and smart contracts to enhancing user experience with new front-end features, our journey continues to be as exciting as it is challenging. Here's a glimpse into what we've been up to this past month:

Backend Updates

  • Successfully migrated to an updated version on our development node and smart contracts, marking a significant step in our technological evolution.
  • Conducted thorough testing of our liquidation plan generation, focusing on open LP positions liquidation.
  • Developed several frontend endpoints, including those for detecting LP as collateral to open leveraged positions and for closing open margin accounts.

Blockchain Updates

  • Launched a special adapters linter, streamlining the process of integrating new protocols.
  • Made significant progress in the implementation of our Onchain Portfolio Analytics module.
  • Engaged in detailed discussions with the Quantstamp audit team about our code, architecture, and the specifics of our implementation.

Frontend Updates

  • Implemented WalletConnect trading without UI lock-up, allowing seamless trade on Curve through the Curve interface using Margin Account.
  • Rolled out the logic for closing margin accounts, enabling borrowers to close their accounts, repay debts, and withdraw profits efficiently.

As we look back at November, our integration of new technologies, continual testing and refinement of our platforms, and constant dialogue with our audit team brings us one month closer to public launch.

As we gear up for the exciting times ahead, we invite you to stay tuned for more updates on our social platforms linked below. Your support and feedback are invaluable to us on this journey towards accelerating the maturity of DeFi. 

About Arkis

Arkis offers multichain, undercollateralized leverage powered by portfolio margin. Author Oleksandr Proskurin is the Co-founder and Chief Product Officer.

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