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Product Development Update - May 2024

This month, Arkis hit significant milestones in Pendle integration, launched new institutional client functionalities, and implemented several product enhancements.

This month, Arkis hit significant milestones in our Pendle integration, launched new institutional client functionalities, and implemented several product enhancements.

Key Developments:

  • Pendle Integration Advances: We are excited to announce that next week, our first 5 institutional clients will use their weETH /sUSD Pendle PT tokens as collateral to get 4x leverage on top of collateral to open levered Pendle PT positions.
  • Pendle PT and SY Support:
    • Added Pendle PT entry and exit positions through AMM.
    • Added Pendle SY token support.
  • Arkis 1.1 Implementation: Finished the implementation of Arkis 1.1, which operates on our new architecture (Onchain Portfolio Analytics) with Pendle integration included.
  • Development Cluster: Created a dev cluster for comprehensive testing of the new architecture.
  • 1inch Adapter Enhancements: Implemented minor improvements to the 1inch adapter to enhance functionality.
  • Bug Fixes and Improvements: Conducted various bug fixes in the Arkis dApp, particularly focusing on improving allowances.

We were excited to meet many of you at Consensus in Austin last week as we continue with development based largely on user feedback! Please reach out for more information on our Pendle integration where users can get up to 5x leverage.

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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