🤖 gm divers!🤖 We know it’s been long since our last update. For the past a few months, the team have been heads down working on our new AMM and the codes. While it will still be sometime before everyone sees the full new version and try it out, we’d love to share with the community the significant progress we’ve had, now. COMING UP 👁 Technical Paper 🔥 The team managed to develop a new AMM for binary options, which we mentioned would significantly improve capital efficiency and risk-return relationships for LPs. We’ll be releasing a technical paper and discussing our unique approach in due time. STATUS: FINISHING UP New Website & Landing Page 👀 We are working to redesign our website so that it feels more intuitive and inclusive. With our front-end design team, we’ve incorporated changes so that it’ll be easier to navigate through and browse different features of our product. STATUS: FINISHING UP IN THE WORKS ✍️ Smart Contract ⚙️ After finalizing the new AMM for binary options, our dev team has been working non-stop on coding. We’re now at the final yard of completion and will continue to perform rounds of internal tests before handling it over to auditors. STATUS: FINISHING UP App UI/UX 🗿 With the new AMM for binary options, liquidity provision would be different compared to that in our previous V1 version. With our front-end design team, we’ve incorporated changes that will greatly simplify the whole user experience interacting with the platform. STATUS: IN DEVELOPMENT Public Documentation 📚 In order to better present our new AMM and approach to the community, the team is also updating the public documentation and adding a lot more technical details this time, including a smart contract section for devs and algorithmic traders. STATUS: IN DEVELOPMENT Project/Token Economics 🧮 Besides product & development, the team has also been actively researching, exploring to improve our project economics, incentive mechanism. Our new technical structure is a significant enhancement to the product, so should our token model. We have quite a few ideas, but we'd also love to hear your thoughts! STATUS: IN DEVELOPMENT The list is not exhaustive. We will work non-stop to ensure the growth of the project and continue to build for the greater vision of decentralized volatility derivatives. Thank you for joining us on this journey, and being with us during this movement. Moving forward, we’ll be sharing updates in our discord channel (https://discord.com/invite/v96fhsPfRa) as we ship products, partnerships. It is a place where we can better engage and interact with the community in various ways. Feedback is invaluable to helping us improve, we welcome any questions or ideas! 🙋 Divergence Team 🐸🐸🐸