Dev Update: 8 May - 12 May 2023

Here are the latest tech updates covering some of the work our engineering teams have been working on over the past couple of weeks.

Web2

• We had updated our legacy staking dApp this week and removed the Stake and the Restake functionality, prohibiting a new user staking (as we are shortly withdrawing this module). We have also the emergency eject functionality for our existing stakers to withdraw their funds.
  
  
• Our vendor Digital MOB have been working on finishing up the DAO dApp and preparing the site for the deployment next week.
  
  

• We’ve been refactoring the our protocol dApp to incorporate a form for protect and earn renewals. We also putting also consistent effort to make our code generally much cleaner.

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Simulation

• A lot of debugging has been going on this week. One important fix was in the premium computation, where now the % of premium paid by an agent is the same no matter in which currency it is measured (ETH or USD). Previously, we were noticing a small discrepancy.
  
  
• We have been updating the formulation of the Cumulative Index used to compute the Premium. The goal is to get rid of two different indices used to compute the premium and replace with a single ETH-based index. This is almost complete.
  
  
• New state variables have been introduced to compute a slightly changed premium. The motivation for this was the discrepancy between claimed vs closed premium values. We are still working on this.
  
  
• More collaboration with Web3, and more parameter updates.

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