WaykiChain(WICC) Weekly Report-8.19–8.25

3 min readAug 30, 2019

Public Chain development — Stablecoin module

Completed all tests on creating CDP, additional collateralization in CDP and CDP repayment & redemption. Fixed errors in related calculation.
Test on clearing CDP 90% complete. Fixed errors in related calculation.
Test on wallet plug-in 60% complete. Fixed related issues in CDP conncetion
DEX development 20% complete

Integrate receipt information (100%)
The block time changes from 10s to 3s. The computing compatibility of stable fee, miner reward and voting reward 100%
Wasm VM integration contract deployment completed (100%)
Wasm VM integration contract execution completed (100%)
Automatic conversion of Wasm VM integration contract parameter ab (80%)

Browser wallet plug-in: add stablecoin section and page optimization
newly added transaction type signatures are supported in Go language wallet library
Development of Binance two-way swap. Support WICC-01D recharge and WICC withdrawal functions at the same time (50%)
Modifications in Blockchain Explorer chain scanning service (80%)

Continue testing and improve related functions
Complete development that CDP collateralization and price feeding of multi-types assets generates multi-types of stablecoin
Start development of proposal & reconsideration code of parameter governance
Application Layer
Complete all tests on CDP and fix bugs
Complete the test on voting contract
Complete the test on wallet plug-in
DEX development 70% complete

WaykiChain x Binance DEX held online airdrop event (1st round). The event was launched on Twitter on August 21st, and attracted high-level of attention in the short term. WaykiChain official Twitter boosted by thousands of followers, and WaykiChain overseas community size increased by 5 thousands. The number of discussion has reached thousands.
WaykiChain offline meetup event is planned to be held in Russia. This is the first offline event in Russia. The event is in the form of lectures and seminars. Russian WaykiChain users and investors will participate in this offline meetup.
Forbes refers to the technical and commercial advantages of WaykiChain in “3 Startups Changing How Entrepreneurs Do Business And What We Can Learn From Them”.
Maintenance of overseas official channels, released “WaykiChain Insists on Technology Exploration being Transformed into Business Advantage”, “FREE 100,000 WICC! WaykiChain X Binance Chain Airdrop on Binance DEX to Start” and Weekly Report.
Daily operations of WaykiChain Official Group and WaykiChain Developers-Global, 웨이키체인-WaykiChain(WICC) Korea and WaykiChain Korea Kakao group, updating project in time.

WaykiChain official Weibo has livestreamed the Binance DEX operating process on Yi Livestream. In the meanwhile, the topic discussion on Weibo attracted 928 views, 37 interactive comments and 826 likes.
On August 25th, WaykiChain & Binance DEX Shenzhen meetup was successfully held in Shenzhen Nanshan. Speeches of WaykiChain’s development status and tutorials of Bince DEX trading process was carried out during the event. Gold bars. WICC and gift boxes are given out as prizes.
Maintenance of WaykiChain official Weibo and other media channels, issued 118 articles. Total reading volume reaches 434,801, and the interaction volume is 1740 times.