Title: Top-Notch Derivative Driven Trading Protocol, QILIN! Post by: PapayaMoak on May 27, 2021, 03:07:28 AM Hey everyone, just wanted to introduce this new project I have encountered discovered.
Qilin is a decentralized risk-mitigating protocol for derivatives trading for all assets, powered by cutting-edge mechanisms for liquidity risk control.By mitigating risks for liquidity posed by open positions through multiple mechanisms, Qilin in turn guarantees the liquidity needed for an optimized decentralized derivatives trading experience. In terms of technical progress, here are some of the key milestones they’ve achieved as of late. Technical Progress Qilin V1 Public Testnet opened and some bugs fixed Adjusted the upper limit of the pool of Qilin V1 Modification of Rebase Funding Rate Formula by Qilin V1 Demand analysis and product function designing of Qilin V2 Implemented the function of creating perpetual contract trading pairs permissionlessly Designed the functional module of price deviation based on Uniswap’s V2 and V3 The functional module of inverse contact added Added Bridge module and implemented the structured asset pool Optimization of UI/UX of Qilin V2 They have been currently holding their testnets at the moment and hopefully to run their mainnet soon. More important links: Medium: https://medium.com/qilinprotocol White Paper Site: https://qilin.fi/ |