BalanceAI — Weekly Report
Weekly Report — January 28, 2024
Introduction
Welcome to our weekly report, where we provide you with a snapshot of the latest developments and milestones achieved in our project. This report is designed to keep our community and stakeholders informed about our progress and activities. Let’s dive into the highlights of the past week:
1. Successful Liquidity Bootstrapping via FJORD
Our LBP event via FJORD achieved remarkable results within the first 48 hours.
2. Uniswap Liquidity Pool
We have added initial liquidity to the Uniswap Pool for our wrapped token, $wBAI, with a liquidity pool of 237,382 tokens valued at approximately $1,100,000, paired with USDC. You can now trade our wrapped token at Uniswap via this Link (Please always double check our ca 0x8CCD897ca6160ED76755383B201C1948394328c7).
3. Enhanced Community Interaction
In our commitment to fostering better community engagement, we have introduced new Telegram channels organized by topics. These channels aim to facilitate more meaningful interactions and communication with our community members (Join Us on Telegram).
4. Open for Inquiries, Collaborations, and Partnerships
We are excited to announce that we have opened up channels for inquiries, collaborations, and potential partnerships. If you are interested in exploring opportunities with us, please reach out through our contact form at Contact Form.
What’s Next?
Here’s a glimpse of what continues to be at the forefront of our current work:
Mainnet V0 in Full Swing
We’re in full throttle, working on Mainnet V0 — covering genesis, validators, and staking.
Mainnet V0 External Partners
Validator Strategy and Testing, we’re working on refining our validator strategy and conducting testing to ensure network reliability. We have engaged external consultants to shape our validator strategy and help us to bootstrap our native chain.
Liquidity Management
We are currently in discussions and actively exploring future liquidity management options as part of our ongoing efforts for ensuring optimal liquidity and efficiency.
Hosted Wallet Testing
Our dedicated wallet for the mainnet is undergoing rigorous testing. Soon, you’ll have access to our proprietary hosted wallet.
Agent VM Exploration
We’re delving into Agent VM, exploring new dimensions for enhanced functionality.
Early Model Access
We’re developing a way for all holders to access our current models before they hit the chain. We are also working on technical articles explaining our experience in creating them and deep technical details behind them.
Social Overhaul
Brace yourselves for a revamped social experience. We’re onboarding more community managers and moderators to ensure a vibrant and engaging community.
Comprehensive Documentation
We’re committed to providing better documentation, complete with use cases and examples, to enhance your experience.
Marketing Initiatives
Engaging with Key Opinion Leaders (KOLs) and diving into marketing activities to spread the word about our groundbreaking project.
Image Rebranding
We’re undertaking a full rebranding of our image, encompassing a new logo / identity, website redesign, and updated branding materials. This transformation will reflect our evolution and commitment to innovation, ensuring our visual identity aligns with our cutting-edge technology and services
Stay tuned for more updates on these ongoing initiatives as we continue to make progress towards our shared vision. Your support fuels our journey forward.
To stay updated with our latest news and developments, be sure to follow us on our official channels. Keeping our community in the loop is crucial to us. Let’s keep moving forward together!
