Our audits have come back!
The audit again received a high score, but there are always some minor adjustments to be made in every audit. Our Devs have already submitted the final changes to the code proposed by Zokyo, and we expect to have an update on the platform launch as soon as it comes back in the next week or two.
Once the audits are back, we will start the deployment, as well as setting up the initial indices and their various compositions. We will deploy the code one week before the platform goes live. Once complete, we will launch Phase 2!
In case you missed it, we published an article explaining index vaults and how they work. We highly recommend you check out the article.
Also this week, our AscendEX Pre-Staking came to a close. The reason for this is that we will be launching a native staking program on the FNDZ platform in Phase 2. When you stake FNDZ tokens on the platform, you can earn a share of over 25+ cryptocurrencies in one staking contract!
The Ascendex staking program closed on 31 May 2022 at 2:00 UTC. Assets staked in the FNDZ Pre-Staking were unstaked and returned to users' cash accounts within 2-4 business days and without any commission fees. Note: $FNDZ is still traded on Ascendex.com.
And that’s not all! We have expanded the FNDZ Business Development team, giving us access to traders and communities on every continent! Our team will start recruiting traders from various regions along with their communities, thereby raising the profile of FNDZ worldwide!
As phase 2 is called the ‘Growth Phase’, we are in full expansion mode. In the coming weeks, we will announce the new vault owners and introduce them to you. We will also be raising our profile among both crypto traders and non-crypto traders.
Stay tuned to learn more about our launch indexes and why you should use them.