Sell token feature advancement

We are just very close to releasing the “sell tokens” feature in the app, which will allow individuals to buy and sell ERC20 tokens with cash. As a seller, you won’t need to have liquidity of the ERC20 token a buyer is interested in — the Dether smart contract handles this aspect of the exchange, and liquidity is created through KyberSwap’s on-chain liquidity protocol. This new feature will greatly benefit individuals looking to buy stablecoins without exchange barriers, individuals looking for a simple way to buy tokens without previously holding any crypto, individuals who want to bypass centralized exchanges, sellers looking to increase their trade volumes, and dApps looking to make their tokens more accessible.

Towards Dether V2, DetherJS library advancement, and front-end development

The Dether team is now focusing on V2 of the Dether app. Dether V2 will encompass both the release of the Dether protocol as previously announced, and a completely new, more powerful app, with an integrated chat system.

The upcoming Dether protocol will be an open protocol built on top of Ethereum for dApps and crypto projects that share crypto cash-in and cash-out issues. The protocol is based on the DetherJS library entirely rebuilt in typescript will be available with all the functions needed to interact directly with the new Dether smart contracts.

The two main functions will be:

RegisterSeller: add a new seller on the Dether map GetSeller: get all the sellers located in a given area

The protocol represents an exciting opportunity for other dApps willing to target individuals and businesses located in areas where having an access to financial services, and thus cryptocurrency, is limited.

In terms of the smart contracts, development is nearly completed, and we’re now in the testing phase.

In parallel, we’ve made significant advances to the new DetherJS libraries, which will make it easier for any kind of client applications to interact with the protocol and smart contract protocols to access. We are in the final documentation phase.

Having already advanced on these two components, we were able to begin front-end development of the new application over the past month. One of the major elements that we’re working on presently is multiple transaction broadcasting. The new application will be able to handle multiple wallet transactions at once, even during periods of high traffic. Users will have the ability to broadcast multiple transactions simultaneously, and even be able to rebroadcast a slow transaction with more gas.

Three new currencies added

We added three new currencies to the app: the Croatian Kuna, the Chilean Peso, and the Argentinian Peso. You can now make any cash-to-crypto transaction directly in these currencies and an additional sixteen others, without needing to make additional calculations.

Upcoming app translations

In addition to releasing the upcoming “sell token” feature in Spanish, Brazilian Portuguese, and Russian, we will soon be releasing the entire Dether app in French, which will be highly beneficial for users in the Francophone Caribbean, West Africa, North Africa, and other Francophone regions.

Dether Ambassador program

At the end of January, we launched a call for Dether Ambassadors, a network of Dether users who want to promote Dether locally through meet-ups, blog posts, and events. The Ambassador’s goal is to help spread the mission of breaking barriers to mass adoption. Ambassadors will receive resources and guidance from the Dether team to help make this a reality. We’ve received applications for users in twelve different countries, and are currently finalizing contacts. If you’d like to become a Dether Ambassdor, you still can, by signing up here.

New tokens added

We’ve added a variety of Synthetix tokens to the Dether wallet, including SAUD, SKRW, SJPY, and SXAU. “Synths” are crypto-backed synthetic assets that track the value of underlying assets, without needing to hold it.

A variety of other tokens were added to both the Dether portfolio and exchange feature this month, including:

MITH : Mithril is a decentralized social media platform that rewards content creators for contributions to the network in a process they call “social mining.” MITH tokens will be able to be used across the MITH application ecosystem, such as dating services, premium content channels, and live-streaming applications.

: Mithril is a decentralized social media platform that rewards content creators for contributions to the network in a process they call “social mining.” MITH tokens will be able to be used across the MITH application ecosystem, such as dating services, premium content channels, and live-streaming applications. BNT : Bancor is a decentralized cross-chain liquidity network that allows users to convert a token into any other token, without using an exchange. Bancor uses “Smart Tokens” that allow users to always buy and sell tokens directly through their own smart contracts at prices that automatically adjust to reflect supply and demand.

: Bancor is a decentralized cross-chain liquidity network that allows users to convert a token into any other token, without using an exchange. Bancor uses “Smart Tokens” that allow users to always buy and sell tokens directly through their own smart contracts at prices that automatically adjust to reflect supply and demand. LRC : Loopring is a decentralized exchange protocol and collection of open-source software that allows anyone to build decentralized exchanges. The LRC token is used to pay gas fees within the Loopring ecosystem. LRC can also be embedded in smart contracts and used as a reward for miners.

: Loopring is a decentralized exchange protocol and collection of open-source software that allows anyone to build decentralized exchanges. The LRC token is used to pay gas fees within the Loopring ecosystem. LRC can also be embedded in smart contracts and used as a reward for miners. ELF: Aelf is a multi-chain, parallel computing blockchain framework, comparable to a “Linux system” for blockchain technology. can also be used for systems operations and upgrades. ELF also enables community members to vote on major decisions.

Interested in having your token on Dether? Be sure to fill out this form to have your token listed on the Dether App.

Fund your Dether wallet with new tokens today: