#6 Development Update

This week we have started to work on the exchange API endpoints. We are following the standards required to list the exchange on CMC, Coingecko and Coinpaprika. The public API endpoints have been completed and we are currently working on the private endpoints to allow users place order, trade, and all other basic operations. After that the API will be activated in the DEMO platform for testing.

We have also resolved some minor bugs we found in our deposit service.

Finally, we have defined the details of SLDS profit sharing on the exchange. On a monthly base 60% of the total fees collected by the exchange will be distributed to users with active investments on the platform, in relation to the amount invested and the investment duration:

• 3 months
• 6 months
• 12 months

The shares will be divided using the formula of the distribution of profit based on capital and time (allotment coefficient).

After this stage it will be necessary to improve our website UI in preparation for the platform mainnet release, that is currently planned for August.

We have also started a partnership with some coin developers that are helping us to test the platform and grow our communities.

Thanks for reading!