Maxos update 13 August — Mutual and Presail

MAXOS MUTUAL

  • We started testing the core bank with the two simplest investment strategies. This opens slots for additional strategies.
  • We are testing a MaxBanker token for deployment this week. It includes Compound governance hooks. It includes pluggable transfer control, which we can use for non-transferrable team distributions, non-US presales, or fully decentralized distribution. The tokens will be controlled by our Gnosis safe, where we can mint them with a signer list enforcing early stage DAO governance.

PRESAIL

  • We made massive progress on the front end, with the deployment of a Web site, token-gated Discord, token, and membership application. The app developers stabilized the UI in our testnet deployment. Next week will add bonus features to match the new white paper.
  • This is a “social token” project. The members are going to be more important for our journey than the initial product features. The journey is going to require community building skills that people like the members of Seed Club have pioneered. We are looking for someone from the social token movement to LEAD this project and recruit great members.
One configuration for a Presail deal

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Software entrepreneur/engineer. Building dollar DeFi at Maxos. Previous startups include Assembla, PowerSteering Software, SNL Financial.

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Andy Singleton

Andy Singleton

Software entrepreneur/engineer. Building dollar DeFi at Maxos. Previous startups include Assembla, PowerSteering Software, SNL Financial.

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