Q3 Community Call Notes
Here are the notes from our community call that happened on 21 July.
zkSync Update
Testnet has received tremendous response, and we will keep collecting feedback.
Mainnet launch will happen when zkSync 2.0 goes to mainnet.
Algorand Updae
Testnet is live on Algorand.
DOMANI Product updates
We are working to improve UI/UX to make it easy from all perspectives.
There will be more additions to the way fund managers can apply management fees. As of now, there is just one way to do so.
Marketplace to list funds easily will be another important feature to be added.
We would like to bring structured products again and potentially build some other instruments like options.
What is lined up in the coming quarters?
Multichain expansion
Establishing DOMANI DAO to propagate digital asset management industry
Building a framework that can be utilized by other protocols as well.
Reach to as many people as possible to democratize digital asset management, focusing on chains where it is cost-effective to launch funds.
Security of the protocol
V2 has been audited before the launch.
For EVM-compatible chains, we don’t need additional audits as the code is pretty similar.
For Algorand, we conducted the audit, and the audit findings have been implemented. Before the mainnet launch there will be another round of audits.
Also, being Oracle-less, we avoid many current and future vulnerabilities.
How is DOMANI responding to the bear market?
We are adapting like everyone else
We have accelerated on releasing product features and moving to new chains
Our funding source is enough for us to survive and keep moving forward.
DOMANI and regulations
We don’t require any license at this stage.
Being based out of Singapore, we fulfill all minimum requirements to satisfy that compliance in Singapore.
We will adapt to future changes in regulations.
About DOMANI Protocol
DOMANI Protocol is an asset management protocol that facilitates portfolio tokenization, rebalancing, and a multiswap DEX to trade a multi-token position in a single transaction.