Cycan Weekly Report 2022/05/05

Cycan Network
2 min readMay 5, 2022

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<Chain>

// Finished

1. Internal testing of Phoenix testnet V0.1.0, improving the TPS performance, simplifying and logically adjusted the processing of transaction pool.

2. The debugging of phoenix testing chain in 4.0 version was completed, including the code of runtime and services.

// Nest Step

1. Continue to develop the public chain in substrate 4.0.

2. Prepare the cross-chain implementation scheme.

<Product Development>

// Finished

1. Second review of prototype design of DFMP project.

2. Product whitepaper (V0.1) of DFMP project.

3. Prototype design of NFT exclusive sub-pool.

// In Progress

1. Prototype design improvement and optimization of DFMP project.

2. UI design of DFMP project.

3. Product whitepaper of DFMP project.

// Next Step

1. Front-end development of DFMP project.

2. UI design of NFT exclusive sub-pool.

<ELC Project>

// Finished

1. ELC ink!: updated ELC version.

// Next Step

  1. ELC ink!: continue version update.

<NFT Project>

// Finished

1. NFT new requirement of exclusive sub-pool: completed contract coding.

// Next Step

  1. NFT new requirement of exclusive sub-pool: contract testing and auditing.

<DFMP Project>

// Finished

1. System coding: 100% for fund token module and user operation history module, 30% for the fund module, 80% for the investment strategy module.

// Next Step

  1. Continue system coding.

<Crabswap Project>

// Finished

1. Completed 40% of the overall project, adding class like liquidmanager of NonfungiblePositionManager, and library like FixPoint128 and liquidityMath.

// Next Step

1. Continue coding, particularly improve positionManager.

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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.