@remilioremo
1/ Update on $SXS.
2/ Vault is sitting at 1.03 cbBTC now, about 56% of the way to Pool 2 (London).
3/ With the markets dipping earlier this week, an attempt was made to inject funds directly from the dev wallet into the vault to speed things up. Contract rejected it as only fees from Pool 0 and Pool 1 can flow into the vault, which is exactly how it should work.
4/ Funds were moved out and injected into the chart instead. As some of you may have noticed over the past couple of days, buys and sells were made back to back until the fees absorbed everything. Roughly 0.35 ishBTC ended up in the vault that way. This was done in an effort to support and show long term commitment to the project.
5/ A Base miniapp is being worked on and should be live soon. Anchoring $SXS properly within the Base ecosystem.
6/ Further developments are in the works to build on top of the SessionX market. More on that soon.
7/ To sum up:
- Vault at 56%
- Base miniapp coming
- More building ahead