Konomi Monthly Updates — March

KONOMI
3 min readApr 8, 2021

IDO & Uniswap launch performance

  • Launched our IDO on polkastater on March 16th;
  • Received overwhelming market response — — surpassed 20M trading volume within 1hr on Uniswap.

Partnerships:

Konomi X Chainlink

Technology:

  • Enabled dynamic node pool instances adjustments;
  • Rate limiting on api endpoints;
  • Updated logging system and added centralized log query;
  • UI upgrade with better aesthetics and optimization;
  • Separating collateral and non-collateral;
  • Front end performing invitation code validation before websocket connection;
    - Examine the possibilities of auto liquidate of unhealthy accounts;
    - Implemented ip traffic monitoring and deployed to testnet;
    - Implemented and tested forkless upgrade;
    - Added oracle price feed to all supported assets;
    - Updated liquidation UI warning;
    - Preliminary draft on auto liquidation.

Research:

  • Two research articles on Bad debt treatment procedure:

Article 1:“Overview of Konomi’s Bad Debt Treatment Procedure from Asset-backed Securitisation’s Perspective”

https://konomi-network.medium.com/overview-of-konomis-bad-debt-treatment-procedure-from-asset-backed-securitisation-s-perspective-7c5cfd9a209d

Article 2: “Overview of Konomi’s Bad Debt Treatment Procedure from Asset-backed Securitisation’s Perspective — Transaction Risks and Preventive Measures for Asset-backed Securitisation Products”

https://konomi-network.medium.com/overview-of-konomis-bad-debt-treatment-procedure-from-asset-backed-securitisation-s-perspective-7a180f30bfb0

  • One research article on Swap model and community governance:

Article: “Is Complete Decentralization Necessarily Good?”: https://konomi-network.medium.com/is-complete-decentralization-necessarily-good-c31b0e5b3e69

Social media campaigns and activities

AMAs:

Overall :

  • Over 8.1M impressions gained within the 31 time period with the highest impression gained in a single day being 866,289 which correspond to our whitelisting announcement.
  • Around 14,955 number of followers gained which is over 290% increase
  • Total engagement has also increased by over 1300%

Specific Events:

Whitelisting Giveaway

Other Materials

About Konomi

Konomi is a full suite asset management solution for cross-chain crypto assets. Users could manage their crypto holding positions, trade assets and earn interest through decentralized money market products.

Stay in touch with us through:

Website: https://www.konomi.network/

Twitter: https://twitter.com/KonomiNetwork

Telegram: https://t.me/konominetwork

Telegram Announcements: https://t.me/konominetworkchannel

Telegram (Vietnam): https://t.me/konominetwork_vn

Reddit: https://www.reddit.com/r/KonomiNetwork/

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