09/21/2019–10/11/2019
In the past 2 weeks, The Force Protocol concentrated on the development progress and the global partners program.
Commit Data
In the DEV part of the Github coding data base https://github.com/theforceprotocolgroup/stablecoin/ , The Force Protocol submitted 13 new commits while the total number of commits is 52.
In the DEV part of the Github coding data base https://github.com/theforceprotocolgroup/TheForceProtocolLending/, The Force Protocol submitted 55 new commits while the total number of commits is 60.
Development Progress
BiBidai
- The version update of BiBiDai DApp and H5 has completed and meanwhile BiBiDai has launched the node recrutement program
- BiBiDai has started the technical integratin with DeFi after the confirmation of cooperation details
- According to the design of decentralized lending, BiBiDai has finished brand new dynamic interest rate model contract coding as well as the contract code of continuous compound interest calculation by second.
- BiBiDai has completed the contract code which updates the interest and global borrowing status of the system when deposit and withdrawl.
- The coding of decentralized protocol is in progress
- BiBiDai is doing interface code for the protocol, risk parameters, and interest rate model used to set up the system to support collateral
- The instant borrwoing interface is in the progress
- The contract interface design has been updated. Stack too deep problem in contract comilation has been corrected and library method to use high-precision computing library has been adopted
Stablecoin
- The core contract code has been completed and the test phase has started
- The data structure related to mortgage records has been adjusted
- The contract deployment tool and initialization script have been developed
- The system internal precision has been adjusted
- The UI design has been finished
- The front page has been developed
- The contract invocation interface of the front end’s mortgage-related state has been completed and is in the process of integration
Others
- The whitepaper, projects in BiBiDai and stablecoin documents have been updated
- Financial public chain is in the progress
Global Partners
The Global Partners Program Launched
The Force Protocol launched ‘Global Partners Program’ on September 21st aiming to expand the project, improve the brand image around world and to become world leading project, which is in pursuit of partners who are interested in supporting and contributing to the ecological development of The Force Protocol.
Phase One of Verification Ended
The phase on of verificiation of ‘Global Partners Program’ has ended. Over 450 applications has been handed in until 27th. Those who passed phase one would be informed on official accounts.
The Release of Global Partners of the First Phase
The Force Protocol officially released the 30 global partners of the first phase leading by Kcash and RSK. However, the recrutement of global partners is still in progress.
FOR Events
Weibo Events
Since October 1st, The Force Protocol launched a bounty event on Weibo. Those who liked and transferred The Force Protocol weibo have the chance to have 10 FOR.
FOR in Gold Salon in Hangzhou
Our CMO, was invited to the Gold Salon in Hangzhou on September 26th. It was stated that the core principe of the blockchain application is to solve the real issues, which is also the hot spot of blockchain, while the application of blockchain technology depends on the numbers of participants along with the trust issues.
