Cycan Weekly Report 2022/04/11

Cycan Network
2 min readApr 11, 2022

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<Chain>

// Finished

1. Internal testing of Phoenix testnet V0.1.0, further optimizing TPS: the maximum weight parameter has an impact on the block transaction volume, which in turn affects TPS.

// Nest Step

1. Continue to carry out internal testing of the public chain and configure 4 newly purchased servers to optimize TPS.

Continue to develop the public chain in substrate 4.0.

<Product Development>

// Finished

1. Preliminary review of prototype design of mobile platform(V0.2) of decentralized asset management project.

// In Progress

1. Prototype design improvement and optimization of decentralized asset management project.

2. Supplement new requirement of decentralized asset management project.

// Next Step

1. UI design of decentralized asset management project.

2.Smart contract and front-end development of decentralized asset management protocol.

<ELC Project>

// Finished

1. ELC: coding of V3-staker 15% fixed income requirement.

// Next Step

1.ELC: testing of V3-staker 15% fixed income requirement.

<NFT Project>

// Finished

1. NFT ink!: optimization of trading market contract.

// Next Step

  1. NFT ink!: continue to develop NFT ink! contract.

<Others>

// Finished

1. crabswap ink!: wrote and tested tickmath library.

2. DFMP Asset Management Protocol: added a new requirement.

// Next Step

1. crabswap ink! : continue coding.

2.DFMP Asset Management Protocol: new requirement confirmation and system coding.

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Cycan Network

The Cycan Network (CYN) and its canary nework(ELP) are decentralized cross-chain asset management platforms on DOT and BSC networks.