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Qilin Protocol June Monthly Report: The pre-development of the V2 contract has been completed, and a strategic partnership has been reached with MathWallet

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Qilin Protocol, a decentralized volatility protocol, released a summary of project progress in June and summarized recent developments

Rhythm BlockBeats news, on July 12, Qilin Protocol, a decentralized volatility protocol, released a summary of project progress in June and summarized the latest developments. The content is as follows:

Development progress

▪️ V1 mainnet has been re-deployed and documents updated;

▪️ Rebase funding rate has been updated again;

▪️ The V2 UI design and engineering development are completed, adding a dark theme and a new rebase indicator display;

▪️ The pre-development of the V2 contract is completed;

▪️ Conduct scenario testing on V2, focusing on slippage calculation: 1) net exposure is 0; 2) net risk assumption is mainly L or S.

Community Updates

1. Starting in June , Qilin Protocol V1 mainnet launched. In order to thank community users for their support, Qilin distributes some limited edition NFTs to community members who have contributed.

2. The Bug Bounty reward program will continue for a long time. Users who submit product testing and bug feedback to the team will get Qilin NFT (submitting in the community or Google form).

3. Users are specially reminded that Qilin Protocol has not yet launched any governance tokens. For relevant information, please pay attention to the official Twitter to confirm the authenticity of any cooperation. Any cooperation that has not been officially announced is a scam.

4. Qilin Protocol and Math Wallet have reached a strategic partnership and will jointly hold an event in July.

5. Two NFT works of Qilin are launched on the NFT infrastructure platform Project Galaxy. Through the Project Galaxy platform, users who obtain NFT can receive NFT rewards by themselves.

In addition, Qilin's June community conference call was held as scheduled.

The following is an overview of the meeting content:

The fourth meeting: A thorough discussion on the issues related to the V1 mainnet;

The fifth meeting: The team explained the main functions of Qilin V1 and V2 Differences (expected to start at the end of August), including confirmation of development goals, liquidity pools, trading matching and risk management mechanisms, etc.;

The sixth meeting: discussed how V2 attracts traders Market strategy;

Seventh meeting: Discussed how Qilin becomes such a protocol layer: based on this protocol layer, developers can build deeper derivatives without permission.

0xKowloon wrote a very interesting article to explain how the V1 mainnet works, click to read: "In-depth analysis of Qilin Protocol, how to introduce derivatives into cryptocurrency long-tail assets》

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