Alchemint Monthly Progress Report (Feb. 2019)

Alchemint Stablecoin Issuance Platform Status

Compared to January 2019, Total SNEO Collateralized and Total SDUSD Issued had grown a little. Also with NEO price increase, it brings the Overall Mortgage Rate increase. With higher Overall Mortgage Rate, it can ensure SDUSD will keep the price stable even faced bad market condition.

Please check the following picture comparing the Jan. 2019 and Feb. 2019 data:

Jan. 2019
Feb. 2019

Research & Develop

Optimized UX

  • For action the user can’t do, no longer disable the button, will tell the user why they can’t use this button
  • Move the Algorithm to another library, optimized the runtime
  • After each broadcast will no longer refresh the webpage, instead directly update the webpage data
  • Developing and testing Ledger Wallet login

Ledger Wallet Support

  • Scheduled enable this function on mainnet at 4th March

Extract Service Layer

  • Minor the front end processing, call Service Layer for business logic

Mobile Version Platform

  • Mobile version will call Service Layer directly
  • Complete the integration of O3 wallet login

ETH Version Platform

Community Operation

Attended NEO DEVCON 2019 and made the speech

NEO DevCon 2019 is a forward-looking premium summit for developers, showcasing various decentralized applications and top contributors in the ecosystem. It was successfully held in Seattle from February 17th to 18th, 2019. Alchemint CTO Chris Qi attended and present on the topic “Stablecoin, the Infrastructure of Blockchain”

Attended OK GROUP’s “Hug in Bear Market” event

Attended “Stablecoin’s past and future” panel

The panel talked about JPM Coin, also discussed the type of stablecoin, and what’s it meant to blockchain and cryptocurrencies.

Lunar New Year SDUSD Red Envelope Airdrop

The Lunar New Year had come. To thanks the community support throughout the past year, we decided to giveaway SDUSD Red Envelope to our community.

Alchemint is the NEO ecosystem’s stable coin.