The dust around the testnet alpha has almost settled. Before we stir up a storm of galactic proportions, let’s take a moment to reflect on our achievements so far and the ones to come.

Courtesy of https://twitter.com/Binaintonft

Testnet Alpha Review

The Nablans were relentless in testing our platforms. Thanks to everyone chipping in!
Let’s quantify the immense efforts you contributed to battle-hardening Nabla.

Nablans that did not complete all tasks fully got $AMBER nonetheless.
Therefore, we distributed $AMBER to over 13.000 participants.
The $AMBER allocation for the testnet alpha has been increased from 3mil to 7mil.

We are applying all learnings to navigate through the upcoming testnet beta. Thanks again!

Mission complete!

Testnet Beta Preview

The Beta phase will start around mid-April. Testers will be sourced from various communities that can benefit from Nabla, bringing down the cost of trading and LPing.
If you participated in the alpha, there is no need to join the beta.

The plan includes:

Limited spots available to seasoned DeFi users
Battle testing new security measures
Increased pool caps
Re-auditing improved Backstop pool contract logic

News

$NABLA Pre-sale

Nabla hosted a Pre-sale for $AMBER holders, with rife participation. Let’s review the process:

Participants minted a soulbound NFT to be eligible for the pre-sale
Participants registered interest and indicated their contribution size via a form
Passing KYC was the last step before becoming eligible

On April 31st, the hardcap of $200.000 was met. Milestone unlocked!

Nabla AMA

The Nabla team ran an AMA on Discord, answering community questions and breaking down the ideas behind the protocol.

Uploaded to our new YouTube channel. Make sure to subscribe, like and comment for good karma.

Check the recording below 👇

Did you miss the AMA? Have pressing questions?

On May 6th, Product & Strategy lead Aaron is joining Monad for a chat. Save the date!

Nabla Finance

@NablaFi

Gmonad Nablans!
Nabla's Product & Strategy lead, Aaron, is joining Monad Mondays on @monad_xyz X Space!

Hosts: @billmondays @FitzYap

May 6, Mon, 3:00 PM UTC

10 listeners will win a whitelist for Nabla's Testnet Beta
Eligibility details on…

Tech Update

Our engineering team has made huge strides to improve Nabla.
Let’s break down the achievements:

Adjusted Poolcaps: The protocol can accommodate higher TVL.
Gas Optimisation: Interacting with Nabla contracts now comes at a reduced gas cost.
Bug fixes: Testnet alpha bugs won’t enter orbit with us.
Subgraph optimization: Tracks activity more efficiently - thanks to testers for breaking it!

Want to look deeper into the tech-side of things?
Check out our notion page, detailing our engineering efforts in greater detail:

Tech Update

Make sure to stay connected. The best is yet to come. Onwards 🫡

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Nabla Community Update #1