Building a Community and Implementing Cross-Chain Abilities
Bringing in new eyes to the Demodyfi Protocol!
November Roundup!
Hello Demodyfi family!
Things are starting to ramp up! This past month, we had important meetings and phone calls happening with parties interested in our project! This is just a small teaser of what the team is working on behind the scenes!
We would like to let everyone know that we are beginning a bi-monthly newsletter update! We want to keep everyone who is holding $DMOD to know what the team is doing! We want to be as transparent as possible so that you can 100% know that Demodyfi is alive and working hard to make sure that our success is your success!
If you have any questions, feel free to send your questions to our email at info@demodyfi.com. Another way to ask your questions is through our socials! Follow our socials to stay in the loop! Join our Discord, Telegram, Twitter, Medium, LinkedIn, and Instagram, and ask us! Now, let's go ahead and get started!
TL;DR
Marketing Manager onboarded
Bringing in a Community Manager
Building a Reddit and Discord community
Implementing Cross-chain functions
Redesigning Demodyfi’s staking platform
Moonbase Alpha chainbridge nearing end of testing
Building out the Demodfyi DApp UI
LET'S TALK ABOUT MARKETING!
Marketing in the crypto world is constantly changing! A lot of things have to be established in advance so that marketing can be effective! We have some solid plans in place and are currently in the beginning of executing these plans! We are excited to move forward with these plans so people can start to see the Demodyfi name across the internet!
Marketing Manager now onboarded!
To tie everything in place for our marketing plans, we have brought on board Phil Valer to help lead our marketing efforts! We are excited to have him on board as his experience working across various teams in the digital marketing space allows him to use those same skills for helping Demodyfi! Now that we have a marketing manager in place, let's get to work!
Bringing in a Community Manager
As we now begin to flesh out our different social channels, we are going to need help managing all this! This is where a Community Manager comes in! Bringing in new visitors through our different social channels is very daunting. Managing the entire community across different social channels is quite a task! This is why a Community Manager is critical and the heart of the community! They work closely with the community to help keep the community engaged!
We are starting communications to bring onboard a Community Manager we feel will help lead our Demodyfi community!
Building a Reddit and Discord Community
It's time to expand our community! While we may be active on Telegram, there are other groups outside of Telegram that we need to attract! We are in the beginning process of expanding the community by building a Reddit channel and fleshing out our Discord community! Establishing our presence on these channels can also help with our shilling efforts!
If you haven't done so, please join our Reddit and Discord communities! We are still at the beginning, but we will become more active on these platforms!
DEMODYFI PROTOCOL DEV INFO!
The dev team is continuing to work their magic behind the scenes! Building a platform takes time, and our team of developers are confidently moving forward to bring our visions into reality! While they work hard on the Demodyfi Protocol, certain features are being released. One feature that has already been released is the ability to stake your $DMOD! Let’s take a sneak peek at what other items the devs have been working on!
Cross-chain functions that power the Demodyfi Protocol!
One of the key highlights for the Demodyfi Protocol is the ability to utilize cross-chain functions! This is something that is possible in the Polkadot network thanks to Moonbeam! The Moonbeam technology is what powers the cross-chain ability which the Demodyfi Protocol utilizes! In other words, you can SWAP across different chains! Here’s a look at the development of this swap function being integrated into the SDK.
We are adding cross-chain swap functions to the SDK, and the bridge functions are currently being tested. Through these functions, other projects will have the ability to tap into the Demodyfi Protocol!
Redesigning Demodyfi’s staking platform!
If you didn’t know, the team has released our staking platform! Everyone who holds $DMOD now has the ability to stake their tokens! If you have $DMOD from Uniswap (ETH) or $DMOD from PancakeSwap (BNB), you can now stake it onto our platform to earn more $DMOD in return!
We aren’t finished there, yet! The team is currently redesigning the user interface for a much more user-friendly platform! We are also working on including additional pools as well! The more pools available means the more opportunity to provide liquidity! Providing liquidity not only helps support the Demodyfi ecosystem, you will be earning incentives while doing so!
Bridging together the Demodyfi Protocol
While the team has been working on implementing the cross-chain swap functions into the SDK, they have also been hard at working putting together a chainbridge. What is a chainbridge? A chainbridge gives people the ability to bridge tokens between Polygon Testnet and the Moonbase Alpha.
Currently, the Moonbase is in Alpha testing. However, what’s exciting about this update is that the Moonbase Alpha is in the final testing stages! We are moving closer to realizing our visions!
Building out the Demodyfi DApp UI
If we want to create a great user experience for everyone using our platform, we definitely need to make things user-friendly and incredibly simple! The team is current laying out the user interface for the Demodyfi Protocol! Why is this important? Because we are here to make cross-chain swaps seamless and easy!
If we are going to accelerate the mass adoption of digital assets, then a good user interface is critical in realizing our mission!
Final thoughts
It's incredible to see how much has changed over a course of a year within the crypto space! We've seen new all-time highs, and we've also seen lows as well. That's the nature of the crypto world - and it's exciting!
Here at Demodyfi, we are excited to be part of this space! DeFi continues to change, and Demodyfi will continue to evolve alongside DeFi! Remember, Demodyfi stands for the following:
Thinking differently, and diverging the way we currently think and act in finance.
The Demodyfi team is always open to exploring new avenues! Please contact the $DMOD team for any inquiries, and we will be in touch soon!
For our friends who may have celebrated Thanksgiving in North America last week, we hope you had a Happy Thanksgiving and safe travels with your loved ones! For everyone else across the world, continue to stay safe out there and of good health!
Cheers!
Demodyfi Team