Hi again from the core team at Risedle! We’ve got a lot of updates to share, so let’s get started.
We have revamped Risedle’s documentation site. Previously we used a notion page for the documentation. There is no clear site navigation and full text search functionality built in. Then we move the documentation to gitbook. It has the best navigation and full text search functionality.
In the new docs we focus on explaining Risedle’s products instead of the underlying protocol itself. Here is the example: Beginner's Guide to ETHRISE.
Previously we use term “Earn” for our USDC vault which is very confusing for many users. Based on the feedback, we have updated the section to “Lend” instead of “Earn”. Now it more obvious that user can “lend” their USDC to earn variable interest in real-time.
Chainsulting has published the audit report for Risedle Leveraged Tokens protocol. The report can be accessed here. Based on their report, there is no high-security issues found in our codebase.
There are so many minor UI/UX improvements that we have deployed this month. Here is the highlight:
For complete update, you can follow Risedle Interface github repository.
Here is incomplete list of stuff what we have planned to release next month.
Before we release other leveraged tokens, we aim to build a complete user experience first for minting, holding and redeeming leveraged tokens. The missing feature on the Risedle interface is a Portfolio page. We planned to release the feature on march.
gOHMRISE is 2x Long gOHM token. It aims to simplify the process of opening, managing, closing gOHM leveraged position and protect users from liquidation. We cannot share much detail about this yet, but we have scheduled audit with abdk on march for this. Hopefully we can release it to the public next month.
Risedle is a leveraged position tokenizing protocol. It aims to simplify the process of opening, managing, closing leveraged position and protect users from liquidation. By letting users mint leveraged tokens, Risedle can helps users to enjoy leveraged gains by simply holding a token and eliminate the intricacies of managing a conventional leveraged position as users are not required to maintain margin or their position health ratio.
We are core contributors of the Risedle Leveraged Token protocol.
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