Bitchain Dev-log 001 | Staking Web3 Dapp Testing for Uniswap-V2/CAPg Staking Pool
Bitchain Capital Dev Team| Tue 03:03 Oct 2020
Welcome to the first of many exciting development updates from the dev team at bitchain capital! We will be updating weekly and fortnightly progress on the bitchain product suite and its associated de-fi products and services.
As you know we’ve spent the last year working hard towards the launch of the EVA AI digital asset custodian system. But since the launch of CAPc on the UNISWAP exchange our development timeline has changed slightly and we’ve added some new additions to our roadmap…
As well as getting EVA to the MVP (Minimum viable product) phase, we will now also be deploying a staking web Dapp for the CAPc token network and an AMM style decentralised exchange! This dev update is focused on the work that’s currently being completed on the staking web Dapp for Uniswap-V2 token holders of the CAPc/ETH liquidity pool on UNISWAP.
Bitchain is developing a staking app that will allow holders to stake Uniswap-V2 tokens and recieve CAPg. You can swap CAPg for CAPc on the UNISWAP exchange platform and then exchange CAPc for ETH.
Bitchain aims to launch the staking web3 application for liquidity providers of the CAPc ETH Liquidity pair to help support the project and increase the amount of liquidity providers for the token. A variable APY that will be announced closer to launch will be set for different time locked periods throughout the year.
To prepare for this we have researched time locked staking contracts, staking ERC-20 Tokens, Web3 Integrations, Smart contracts for Vesting schedules, UNISWAPs code and also Sushiswap. Below are some screens shots of the work we have completed using Truffle, ganache and Sublime. We deployed a staking farm contract to a private virtual ETH blockchain and created a APY yield function for liquidity providers in the staking pool. We hope to have a working demo prototype within the next week and a working CAPc CAPg staking pool by the end of the year.
All code will be uploaded to github once the final tests have been completed.
Next stage is to build the Web3 App and make sure the staking function works as intended in a test environment. Once we are happy with this we will then deploy a Uniswap-V2/CAPg staking pool with real staking rewards in Q1 2021 with the CAPg staking web Dapp.
Keep tuned for more updates soon! Next Dev-log update will cover the next stage of the staking dapp testing and the implementation of the web3 Dapp.
Join our telegram | www.T.me/Capctokencommunity
Twitter | www.twitter.com/bitchaincapital
Instagram |www.Instragram.com/bitchaincapital
UNISWAP | https://uniswap.info/token/0x79a91ccaaa6069a571f0a3fa6ed257796ddd0eb4
