StakeWise Bi-weekly Development Update is here. How is it going everyone.

17 May 2023, 14:03

📢 StakeWise Bi-weekly Development Update is here 📢 How is it going everyone! Time is flying fast, and it’s time for another update on StakeWise V3 development! 🔥 Over the past 2 weeks we have been busy with optimisation & finalising the key components of StakeWise V3, and are happy to say that the public testnet deployment is now internally targeted for end of May! 🔜 While we will continue to improve the app based on the feedback and internal metrics throughout the whole time leading up to the main net release, it is safe to say that the core functionality is being finalised now. Some concrete results from the past 2 weeks of development: ✅ Smart contract work is ~95% complete with some minor testing and optimisations remaining before the 2nd round of audits commence ✅ osETH UI was deployed on the stage environment for internal testing ✅ The backend components of the Scoring Model were developed and are being tested ✅ The 1st version of NodeWise - our validator management software - was completed and is being tested. NodeWise is powered by StakeWise’s deep expertise in running all sorts of validator infra, and will help solo and community operators to launch, maintain and monitor validators with minimum effort. ✅ New landing page content was finalised to initiate design work As we rapidly approach the moment that StakeWise V3 is (mostly) technically complete, our focus in communication will shift to the discussion of liquidity programs, tokenomics, migration considerations, marketing, and community growth. 🚀 This is the most exciting part in getting the V3 protocol ready for launch so please know that your input is required (and will be dearly appreciated) throughout the discussions! Protocol KPIs 📈 Total deposits: 77,961.93 ETH ( +2.35% 📈 ) Network penetration: 0.42% (+0% 😕 ) Rewards paid out during the period: 238 ETH 7D average APR (gross): 9.12% 7D average APR (net): 8.21% StakeWise Office Hours #3 As the last time, please join us for the discussion of these and other updates during our StakeWise Office Hours :greatpepesby: When? Today, 5pm CET 📆 Where? #-hangouts voice channel 🎙️ How long? 1 hour session ⏲️ Mark Interested on the invite to receive a notification once we start! See you there!