3rd Airdrop, v3 Upgrade, and more in April’s Hash Log
The fact that there are no obstacles to investing or creating on the launchpad has resulted in a surge in volume on DxSale website. Around 1500 have been produced as of this writing; some are good, some are failures, and some are scams. This is exactly what DxSale signed up for as a technological challenge to develop the protocol and reduce the number of scams while not excluding others from participating in the Dx ecosystem. The next version of the DxSale dApps (Launchpad, Locker) will solve production issues on the platform by providing decentralized tools that enable investors to make more informed decisions based on their risk tolerance. “everyone can profit without being limited”
DxLaunch.v3 is now being scoped | DxLock v.2 is now being decommissioned in favor of a cross-chain, scalable utility solution
DxSale need to refine and add new features to the contracts to improve the user experience here due to the crazy amount of tickets and volume received. At the moment, User Experience takes precedence over our User Interface.
The scope of the next upgrade
- BSC isn’t as quick as it should be, and the improved filters system needs a new approach so that users don’t have to wait as long to filter between active, inactive, effective, and failed presales.
- To monitor output tickets, DxSale now uses project and service desk software. On the v3 contracts side of DeFi launchpad, there are two common tickets that need to be discussed.
- Presale Cancel: This situation happens when a developer is unable to complete the crowdsale contract due to his custom token, necessitating the intervention of a Dx Developer to cancel the presale on our DAO. We’ll build a decentralized version of this that allows the group to make decisions collectively.
- When IDOs fail, the BNB is stuck and cannot be claimed until DxTeam intervenes with a refund feature.
DxSale has received additional input and suggestions, which will be prioritized against the current v3 features backlog to determine the size of the update, the amount of work needed for each component, and the timetable. Promoted cards, credibility schemes, screening tools, peer-audits, marketing assistance, versatile locker withdrawals, locker gifting, whitelisting launchpads, and other ideas are just a few examples.
Next milestones: SALE token and network stability, so we can concentrate on our next venture dApp and features.
From staking to a Buy/Burn strategy
It is currently difficult to achieve an infinite cross chain method due to a lack of decentralized oracle cross chain solutions. It’s becoming more difficult to maintain due to all of the manual work DxSale is putting in by selling, bridging, purchasing, and then airdropping. As a result, on May 2nd, they conducted a final airdrop of SALE tokens to Ethereum stakers and decommission the staking program.
DxSale is in the process of talking to Chainlink and other companies to see what tools are available for the SALE bridge. They want to create a one-of-a-kind bridge that will allow the next generation of crowdsale. There are a lot of unknowns about what they are trying to create, so thet will need Oracle experts’ help.
v3 Upgrade status
- Decentralized Cancel & Refund solutioning has been completed and we are on-route for development
- Buy & Burn model is still being analyzed to determine best solution
- Smart Contract scanning tool integration for BSC — deal is being finalized with a vendor
- Decrease in filtering loading time on the contract side
- UX additions (connect network drop down, Sidebar information, DxLocker Improvements)