QUACKS Token Summary
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Development
Phase 2 progress
$58,047.88 out of $299,414 raised
Phase 2.1
Enhancement of Smart Contract Capabilities
Implementation of new smart contract features with extensive security audit
Continuous lender yield delivery
Automated exit thresholds for borrowers
Simple and compound interest models
Obscure Asset Recognition (e.g. LP tokens) as accepted collateral on loans
Budget: $53,684.21
$53,684.21 raised
Timeline:
~6 months
Phase 2.2
User Experience and Branding Elevation
Engage with a leading UX and branding studio to craft a duckpools brand identity, branding assets, website design, and site plan
Funding for the initial overhaul of the user interface
Funding for the initial development of the v2 smart-contract upgradeable design
Additional funding for security audits on smart-contracts
Budget: $48,947.37
$4,363.67 raised
Timeline:
~4 months
Phase 2.3
Initial Implementation of Version 2 User Interface
Implement the first iteration of the user interface as designed by the UX/branding agency
Develop and integrate comprehensive dashboards for lending pools, offering lenders greater insights and analysis tools
Advance the development of upgradeable contract structures to enhance the platform’s adaptability and functionality
Budget: $58,947.37
$0 raised
Timeline:
~4 Months post-funding of Subphase 2.3 OR 5 Months post-funding of Subphase 2.2, whichever is later
Phase 2.4
Finalization and Launch
Complete the revamp of the user interface, ensuring a seamless and intuitive user experience
Complete the development of the upgradeable contract frameworks
Implement pending state indicators within the user interface to improve UX
Introduce a comprehensive user dashboard feature, offering an overview of user debt and lending positions
Budget: $77,736.1
$0 raised
Timeline:
~4 Months post-funding of Subphase 2.4 OR 6 Months post-funding of Subphase 2.2, whichever is later
Phase 2.5
Expansion of Governance, Engagement, and Features
Build on and complete planned upgrades to the existing governance system
Enhance social media presence and engagement strategies to foster a vibrant community and user base
Introduce advanced trading features, including leverage options, to cater to a wider array of trading strategies and preferences
Allocate more resources to security audits and bug bounties
Budget: $60,098.95
$0 raised
Timeline:
~4 Months post funding of subphase 2.5 OR 6 Months post funding of subphase 2.3, whichever is later
duckpools progress
Completed
Phase 1
Early Development
Phase 2
Platform Fruition
Phase 3
Platform Extension