16th-30th Sept. Progress Report

3 min readOct 15, 2018


Research and development

Development Progress

Optimized the function of Liquidation and the final Liquidation from the Opportunist.

Optimized the calculation and rules for the SDS collateral fee.

Add SDS deposit and withdraw function in SAR-C

Add function allow user to manually active when Alchemint’s smart-contract upgrade

UI upgrade, optimized details, provided better UX

Alchemint Testnet

From 16th-30th September, our code had 29 new issues. Solved and closed 28, the rest 21 will be solving shortly.

Community Operation

Attended first NEO Blacksea Community Event

From 28th-30th September, Alchemint is invited and attended the first NEO Blacksea Community Event. NEO’s Project comes from different regions meet together. Alchemint shared project progress and knowledge with other project and Georgia government.

Attended 94 Blockchain panel

On 26th Sept, Alchemint founder Elva attended 94 Blockchain panel hold by 94 Nodes, based on the topic “ETH price dump? Will bull market come?” Express the option: ”Bitcoin is gold, but stablecoin is the holy grail.” The bull market come will need when blockchain technology can be easily implement for business.


Business cooperation

During the NEO Blacksea event, Alchemint had proactively discuss with other project about implement stablecoin into their DApps, we will announce the partnership details soon.

On 25th Sept, Alchemint founder Elva had met a telecom provider in TianJing, based on tokenized loyalty point made business connection.