As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
BasicSwap 📈
Multi-Net Support 🌐
basicswapWe're happy to announce that the MVP for the new multi-net feature, which currently supports SimpleX, has now been published in a pull request earlier this week. We're still testing it before pushing to the dev branch, and will document how to test/use it in the coming few days.
Note that this new feature is at the MVP stage, meaning it does not possess all the bells and whistles we have planned for its official V1 version. Namely, it is currently not included in the GUI, it must be manually configured outside the user interface by editing a config file, and it doesn't yet allow swaps to happen when two participants are on a different network.
The latter will require modifications to the SMSG protocol via a hardfork, which we are likely to bundle with a potential coming hardfork to tweak the network emission rate and disable treasury (more news about this treasury community CCS proposal to be published next week), should its ccs proposal be voted in favor.
So stay tuned if you want to test the new multi-net function in the coming days!
Market Making and Advanced Trading 🤖
basicswapWe've also implemented various improvements to the automated market making functionality that we recently integrated into the user interface (alpha version):
- Added an auto-start option
- Improved createoffers.py market making script
- Updated the
bid_xmrtemplate confirm model - Fixed a bug with Create Default Configuration
- Added a confirmation modal
- Fixed
adjust_rates_based_on_market - Removed debug and added extra logging
- Fixed some math issue for calculating rates
- Fixed Your Offers count when offers are created via the AMM
- Better overall redirects
- Added USD prices
- Add all, minrate, and static options
- Add offers/bids checkbox enabled always checked
- Set the amount step default to 0.001
- Various fixes/bugs/styling
At this time, we're still improving the integration and adding new, useful features for liquidity providers to gain better control of their trading operations.
These include the following:
Our upcoming improvements include:
- Automatic offer management: Automatically revoke an AMM offer after each successful bid, then repost the offer with an updated (stepped) amount;
- Smart bid placement: Attempt to place bids that fill your offers at your desired rate, then place an AMM offer for the remainder at that same rate;
- Auto-accept filtering: Enable interaction only with offers that are configured to automatically accept bids.
These three features will create a user experience that more closely resembles traditional exchanges, which will integrate seamlessly with our upcoming "Quick Swaps" page and advanced order book display.
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! 👋
The Open-Source Revolution
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
Be a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
Learn more about Particl with these in-depth resources.
Website BasicSwap DEX Academy Wiki
Follow the link below to get a list of all other useful Particl-related links you may find helpful.