In June, our team at Arkis made substantial progress in advancing our platform's capabilities. Here’s an overview of our major accomplishments in the last month:
Partial Withdrawal Feature Implementation
We have successfully implemented the Partial Withdrawal feature. This allows borrowers to withdraw borrowed assets from their Arkis Margin Account if the value of their collateral exceeds the borrowed assets. This feature opens up numerous new user cases, including:
- Collateralizing Pendle PT positions to withdraw assets for use on CEX accounts.
- Collateralizing exotic assets and accessing withdrawn funds at the user's convenience
Migration to v2.0 - Multi-Pool System
We are making significant strides in migrating our architecture to version 2.0, featuring a multi-pool system. Key progress includes:
- Completed drafts of UI/UX for our institutional platform.
- Nearly completed architecture of smart contracts and the margin engine within the new system.
- In Arkis v2.0, lenders will have the ability to set up various pools with predefined permissions (white-labeled assets, pools, protocols) and define corresponding interest rate models to compensate for the risk associated with each pool.
We’ll be in Brussels this week for ETHCC! We’re excited to chat with lenders about our prime brokerage model, enablement of PT collateralization, and Arkis’s plans over the next quarter. Also, Arkis is the only platform offering up to 4x leverage on PT tokens—check out our latest article on our Pendle integration!
About Arkis
Arkis offers multichain, undercollateralized leverage powered by portfolio margin. Author Oleksandr Proskurin is the Co-founder and Chief Product Officer.
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