#9 Spectrum Finance UPDs: Work on Testnet and Reason for Delays

Hello! Let’s get things started by saying we have all worked hard this week. Our whole team is working on fixing bugs in the Cardano Vasil Testnet, so that the public launch will go smoothly.

Also, a lot of time has been devoted to the implementation of our tokenomics and our SPF token. We really want it to come out soon, but for this we need to debug all processes and minimise possible errors. Our team is working hard to complete these milestones as quickly as possible.

See what we’ve done this week:

🌐 Spectrum Network

• Sync API implemented for the internal message passing interface (MessageSink, allows to pass network messages from ProtocolHandlers directly to PeerConnectionHandlers);
• Slow peers handling (when receive buffer is exhausted);
• ProtocolHandler implemented. A layer that facilitate massage transmission from protocol handlers to peers;
• ProtocolBehaviour framework. A framework that allows to implement mini-p2p-protocols without boilerplate;
• Simple Sync protocol behaviour for integration testing (WIP).

🔁 Spectrum Finance

💎 Core

• Working on updating product analytics.

🪙 SPF Token

• Reworked the reward distribution logic. We are making it more fair (WIP).

🛠 Backend

• Due to the increased load on our Ergo analytics backends, we scaled services for more stable operation;
• Adding support for proxy contracts v2. They allow sending reward to P2S addresses as well as to P2PK (thus opening the way for composability with other contracts);
• Almost finished debugging processes on the Cardano side.

🎨 Frontend

• Lots of redesign fixes that we’ll cover in future updates (WIP).

Great results sometimes take a long time. Thank you everyone for waiting and supporting!

“Expect the unexpected and you will never be surprised.” — Scrubs

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