Adadao Weekly Technical Update #44

ADADAO
2 min readAug 1, 2023

We hope this update finds you all in good spirits. As we continue to drive progress in our technical endeavors, I am pleased to share the latest developments and achievements from the past week.

Common Tasks:

  • We have successfully added a reference script to the updateProtocol endpoint and thoroughly tested its functionality on a dedicated testnet.
  • Our team has initiated the creation of a comprehensive documentation on the Staking mechanism, which will serve as a valuable resource for understanding its intricacies.

Emergency Shutdown:

  • Our efforts have come to fruition as we have successfully completed the upgradeProtocolScript endpoint and rigorously tested it on a designated testnet, ensuring its reliability during crucial moments.

Governance:

  • This week, we executed an off-chain proposal, leading to the minting of testADAO. Additionally, we have made significant changes to governance datum and proposal parametrization, enhancing the overall governance framework.
  • On the blockchain front, we have efficiently addressed both on-chain and off-chain issues with CreateProposal, streamlining its functionality and conduct refactoring for improved performance.

PSM Frontend Integration:

  • With a focus on user experience, we have made significant adjustments to data types returned from endpoints, resulting in increased compatibility and ease of use.
  • Our team is currently working on adding a “prepare PSM” step to the start-system endpoint, aiming to streamline the user journey and ensure a seamless experience.
  • On the design front, we are delighted to announce the completion of layouts that promise an intuitive and visually appealing interface for our users.
  • We are continuously working to address minor issues to provide the best possible experience for our users.

Note: In regards to the upgradeProtocolScript and upgradeLiquidationScript endpoints, we have encountered some challenges after transaction optimization. Rest assured, we are actively working on resolving these issues and will keep you updated on our progress.

At ADADAO, we remain committed to delivering top-notch protocol and consistently strive for excellence. We greatly appreciate the support and dedication of our team, who tirelessly contribute to these achievements.

Thank you for following our progress, and if you have any questions or suggestions, we would love to hear from you. Stay tuned for more exciting updates in the coming week.

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ADADAO

World's first interest free stablecoin protocol