Asva finance Community Update #5

Asva Labs
4 min readJun 23, 2021
asva finance community update #5

We are back with another community update. Always happy to keep you in the loop. You inspire us to grow!

The last few months have been eventful for us. We have expanded our ecosystem to join hands with top DeFi ventures, crypto VC & angel investment firms, strategic and technical advisors, talented developers, and designers. Our testnet V1.0 development is nearing its completion and we know you have all been waiting for our IDO and TGE.

So, here is a quick rundown of our latest strategic & investment partnerships, the status of our testnet launch, and $ASVA IDO & TGE.

Partnership recap

Asva 🤝 Oddz Finance

Oddz is the world’s first on-chain options trading platform with an in-built oracle solution that supports multiple chains like Ethereum, BSC, and Polkadot networks.

  • Asva Finance teamed up with Oddz to integrate options and derivatives trading on our interoperable DeFi dashboard. The partnership will allow users to purchase options contracts on Oddz from our interface
  • Oddz will also enable options trading for $ASVA tokens based on the availability of IV feeds from Chainlink.

Asva 🤝 Unmarshal

Unmarshal is a decentralized network of blockchain data indexers. Unmarshal will help set our unique DeFi asset management functionalities into motion across different chains.

  • Once the integration is complete, we will have seamless access to blockchain data from different networks like Ethereum, BSC, and Polygon.
  • This will enable Asva users to track protocol volumes, analytics, and transactions for their DeFi activities.
  • Unmarshal APIs will also help Asva users keep tabs on their token balances, earnings, and portfolio growth.
  • Unmarshal integration will enable real-time notifications and alerts on Asva Finance.

Asva 🤝 DCI

DCI is a group of cryptocurrency investors who financially and strategically support promising blockchain start-ups. DCI has invested in our early-stage private funding round.

  • DCI will help our projects grow and expand their scope of operations. Not only through financial assistance, but also by pitching in to facilitate our value propositions.
  • This includes delivering strategic advice and guidance during each stage of development and building awareness around the project through a variety of modes.
  • As a part of this, AMAs, interviews, and promoted content will be published across different community channels on multiple social media platforms and strategic collaborations will be forged with leading KOLs and influencers in the crypto industry.

Asva 🤝 Blackdragon

BlackDragon is one of the top decentralized blockchain-native fundraising groups in the world that fund some of the most successful ventures in the crypto industry.

  • BlackDragon has invested in our early-stage private funding round and they will continue to extend strategic support to Asva Labs ecosystem as we cross new milestones in our roadmap.
  • BlackDragon will also help us materialize our value propositions. This includes funding, strategic planning, marketing, technical guidance, and community building.

Asva Finance product features highlights

Asva Finance is a cross-chain DeFi aggregation engine that leverages the combined potential of DeFi protocols on multiple blockchains.

  • A one-stop solution for a plethora of DeFi functionalities including cross-chain lending and borrowing, portfolio management, yield farming, and more.
  • Asva Finance advanced routing mechanism equips users to access the best rates for different DeFi services tapping to different protocols across chains.
  • Get a birds-eye view of all your DeFi earnings and holdings from one single interface.

Our goal is to make interoperable DeFi accessible to all users, regardless of their technical know-how.

Product development status

The development of Asva Finance testnet V1.0 has been going on in full swing and we are thrilled to inform you that it will be soon wrapped up.

The product will feature token swaps for top token assets. In the initial phases, it will be launched on two blockchain networks — Binance Smart Chain and Polygon. The later testnet versions will feature advanced DeFi functionalities including Asva Vaults.

Updates on $ASVA TGE

After analyzing the volatility and downturn in the crypto market during the past few weeks, we have decided it is best to postpone $ASVA TGE and IDO to later dates. The decision was taken after consultation with our advisors and partners.

Asva Finance is gaining attention across the crypto ecosystem owing to its unique product features. Our community and network are growing too. We are positive the TGE and IDO will be off to a great start and definitely worth the wait. As the market is back on its feet and the time is ripe, we will schedule the events to new dates.

Meanwhile, we will keep working on our products, join forces with other ventures, and expand our ecosystem.

So, stay tuned! We will keep you posted about our latest developments and events.

contact us

https://asva.finance/

https://asvalabs.com/

https://twitter.com/asvalabofficial

https://t.me/asvafinance

https://discord.gg/HPTykQyRPY

https://www.facebook.com/Asva-labs-102788845277620

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Asva Labs

Asva Labs is a Web3, AI and Metaverse company building world-class products to power the next billion users.