2021-12-30 00:26:11
Hello OnX community!
As intended, the OnX team pursued its multichain strategy and developed vaults on Fantom, Polygon and Avalanche network right before Christmas.
Our main dev has been working very hard to meet the Christmas deadline and will be taking holidays for the next two weeks.
Please expect therefore product development to be slower over the next two weeks, but we will continue to make some improvements in the meantime, such as improving the vault header function to enable users to search vaults in any chain, instead of selecting one chain and search vaults only on one chain.
The priority in January will be mostly about:
- governance
- release lending improvements (dynamic interest rate change to avoid 100% utilization rate in the future)
- increasing awareness on Fantom, Polygon and Avalanche about OnX products
- finding DeFi partners interested in using and owning OnX tokens to have a say in its vault fee redistribution and product development
Merry Christmas to you all and thank you for your continuous support.
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