Recent Activity & Optimizations

SIL Finance
1 min readApr 22, 2021

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It has been 7 days since the SIL.FINANCE was launched on April 16th. We thank all users for coming to SIL and expressing their love of this product through depositing.

The team has been monitoring the mining pools and PL status of each address along the way, at the same time, the team have also received a large number of users’ feedback and concerns, like:

  • Ethereum gas fee is too high which is the deal breaker for most of the users.
  • The Normal Mode has quite a steep learning curve due to Impermanent Loss re-balancing concept, current product form may not be user friendly

Also, the SIL team has following goals under heavy development recently:

  • Impermanent Loss Mode(Standard Mode), which is a really easy to pick up for every user
  • Binance Chain integration
  • Scale down Normal Mode’s learning curve
  • NFT Buff/Debuff cards

The development still requires some time, the team wants to make sure the product is barrier free and throughout tested. In the meanwhile, in order to maintain the balance, the team has discussed with all parties and unanimously decided to scale the SIL mining speed down to 20 tokens per day starting at 13:30 on April 22 UTC. The mining speed will scale up when Impermanent Loss Mode is on and Binance Chain is integrated.

Thank you for bearing with us!

The SIL.FINANCE Team

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SIL Finance
SIL Finance

Written by SIL Finance

SIL.Finance is a single sided yield aggregator (1 click hedging) with adventurous functional #NFT farming card add-ons.

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