Cycan Weekly Report 2022/05/10

<Chain>

// Finished

1. The debugging of phoenix testing chain in 4.0 version, the code of runtime and services passed the test, the nodes can run normally and generate blocks smoothly.

// Nest Step

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

Prepare the cross-chain implementation scheme.

<Product Development>

// Finished

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

2. UI 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.

<ELC Project>

// Finished

1. ELC ink!: updated ELC_aim and other contract.

// Next Step

  1. ELC ink!: continue version update.

<NFT Project>

// Finished

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

// Next Step

  1. NFT new requirement of exclusive sub-pool: front-end development.

<DFMP Project>

// Finished

1. System coding: 100% for fund token module and user operation history module, 50% for the fund module, 80% for the investment strategy module.

// Next Step

  1. Continue system coding.

<Crabswap Project>

// Finished

1. Completed 50% of the overall project, modified and added the problems encountered in liquidity testing.

// Next Step

Continue coding of functions, such as reducing liquidity, trading and extracting fees.

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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.