Good afternoon FRNDZ!
Welcome to another round of What the FNDZ.
With a little over three weeks to the end of the first quarter and several inquiries regarding the status of our security audit, we are delighted to share that a preliminary report has been sent to us.
Preliminary means that we have not yet received a full test report. However, since there is a lot of code to review, we have received an interim report, so we can already process some of the feedback we have received.
On top of that, we started to roll out new FNDZ products, beginning with FNDZ Staking. The FNDZ ecosystem consists of more than just copy trading and allows us to integrate with other projects and companies to bring unprecedented technologies to the crypto space!
FNDZ Staking is a unique smart contract vault that can be readily integrated with third party applications to provide single-sided staking. This enables projects to massively expand the utility of their native token, and distribute on-chain rewards directly from their own platform. The smart contract vaults are highly flexible and can be adjusted to offer compounding rewards or locked staking with a fixed APR.
We look forward to releasing more information about our suite of decentralized finance (DeFi) products over the next few weeks. We’ve got plenty of exciting ‘as-a-service’ models which will benefit our partners and FNDZ token holders alike!
For example, we plan to offer native staking functionality on the FNDZ platform for $FNDZ tokens holders. A portion of the revenue generated from our new ‘as-a-service’ products will be rewarded to participants who lock their $FNDZ tokens in these interest-bearing staking pools.
We thank you for your continued support as we look forward to expanding the FNDZ platform and ecosystem together!