RooLend.Finance Update: Upgraded front end & ROO staking pool

Here’s a summary of all that’s happened at RooLend

2 min readAug 6, 2021

This has been a quite busy month of the RooLend team. We have done a lot!

We hope you like the brand new appearance and our newly launched ROO staking pool . Now we are very excited to share other important updates with you below.

💰 Product Optimisation

  • Upgraded the website’s front end to provide better user experience;
  • Adjusted interest rates and mining output distribution of PUD;
  • Launched ROO staking pool with APY up to 40,000%, and 10x extra staking bonus is provided for the first 5 days.

🦘 Marketing & Operation

  • Achieved the first reduction of ROO. The number of ROO generated by each block has been decreased from 2 to 1.82;
  • Repurchased more than 62,000 ROOs from the secondary market in total, and injected the repurchased ROOs on the PuddingSwap platform for liquidity;
  • Reached a strategic partnership with Coinhub Wallet and got listed in the wallet;
  • Reached a strategic partnership with decentralized NFT platform Fansforce to together contribute to the development of DeFi ecosystem;
  • Reached a strategic partnership with decentralized wallet Bitpie, and the two parties will carry out in-depth cooperation in different aspects. RooLend has been listed in the HSC section of the wallet.

🚀 Future Plan

  • Optimize product experience, including loading speed, mobile adaptation, UI improvement, etc;
  • Support more assets;
  • Develop vault smart contract.