Houdini Swap Magic Monday #11 — Recap
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Wow, fellow wizards! The passage of time is indeed a mysterious force, and it has carried us through to our 11th wondrous Magic Monday! So much has happened in the past week, and we are positively enchanted to reveal all that we’ve accomplished with Houdini Swap. Let us begin with our most exciting partnerships and token listings!
We are ecstatic to announce our magical alliance with Secret Network, a fellow emissary of privacy and crypto values. We share a vision for significant improvements in the realm of privacy and decentralized finance, and their team’s wizardry mirrors our own.
Secret Network is the first-ever blockchain with customizable privacy, and it empowers you to control what you share, with whom, and how. This unlocks unprecedented power and protection for all, as we continue to craft a better Web3.
As a first step towards this glorious partnership, we will list the Secret Network’s main net token on Houdini Swap, and work towards building even more decentralized private tools and privacy options for our community and the DeFi ecosystem at large.
But wait, there’s more magic in store for you! This week, we shall also list Firo, the leader in cryptocurrency privacy with Lelantus and Lelantus Spark, providing unmatched trustless, on-chain privacy with high anonymity sets.
We invite you to hold on to your mystical hats, fellow wizards, as this week’s Magic Monday Swap Report promises to be a fantastical ride!
Hold on to your hats for this week’s Magic Monday Swap Report
The latest Magic Monday Swap Report indicates that our platform is growing fast. We had an impressive weekly swap volume of $1,944,269, with 682 anonymous swaps recorded. Our buyback volume for the week was $12,043.
It’s now April, which means we can review our swap activity for March. According to our data, we had a total of 3,010 swaps during that month, which represents a 3% increase from February. This is a significant achievement for us!
As a growing platform, we are committed to improving our services by partnering with other companies and continuously innovating. Our goal is to offer our users more opportunities to swap their tokens anonymously and with ease. Let’s work together and make Houdini Swap the best platform for seamless token swaps!
We introduced a toggle for non-anonymous swap
We have introduced a new feature that allows users to choose whether their swaps are anonymous or regular. Privacy is all about your right to share information on your own terms. Some people prefer to keep their financial matters private, and with this feature, they have the choice to do so.
It’s like ordering a cup of coffee and being able to choose whether or not you want to whisper your order in the breeze. We want our users to feel empowered and in control of their personal information.
Operational Updates: Our API is complete!
We’re thrilled to announce that our API is now complete! Our vision all along has been to create a front end for Houdini Swap, with a powerful back end that we can share with other projects.
This exciting opportunity will bring greater volume and engagement to the entire ecosystem. We’ve just finished testing and the documentation is being sent out to our first batch of beta partners. We can’t wait to see who will be the first to integrate with our technology and who will join us in this magical journey, not just for the first time, but for the second, third, fourth, and twentieth. Exciting times are ahead!
Houdini Swap’s trading fees have dropped to 50%!
Houdini Swap has made significant progress in its efforts to transform the swapping game. Our latest achievement involves reducing swapping fees by an astounding 50%. With this new development, you can now trade more discreetly while enjoying some of the most competitive fees available in the market.
Houdini Swap still retains the same percentage revenue on each transaction, but we have made significant improvements to our spreads by incorporating additional liquidity providers. The more we onboard into the Houdini swap back end, the better the rates. We have now onboarded a vast number of providers, which has led to a significant reduction in rates by 50%.
This reduction in rates is part of our commitment to the Houdini swap community and our continued buybacks
Our multi send feature is almost done!
Our enchanting multi-send feature is nearly complete! We have finalized the design for the front-end, and all that’s left is to code it. The process is as magical as it sounds, and we’re excited to announce that multi-send will soon be operational, hopefully by next Magic Monday.
While we don’t like to publicly set deadlines, we have a strong feeling that we will be able to reach this milestone, basking in the glow of this remarkable feat. As we mentioned last week, we believe that this is an extraordinary opportunity that will bring great benefits to our users and we’re thrilled to share it with the world!
