Hey DeFi’ers,

The Helis team has been hard at work building out the components of our Lend and Earn product, getting feedback from beta testers, and producing educational content to help familiarize people with decentralized financial (DeFi) products.

Here’s what we’ve accomplished on the technical end:

Smart contracts

Major architecture completed

Smart contract wallet functioning with counterfactual instantiation

Modules needed for meta transactions, investing in dYdX/Compound completed

Module to execute multiple calls at once completed

Module to automatically deposit funds also completed

Backend

GraphQL architecture finalized

Basic POC with standard REST apis + smart contract on-chain subscriptions completed

Monorepo set up to handle multiple servers

Separated out workspaces to disable hoisting for modules to ensure modularity

Front end

Skeleton of the front-end is 50% completed

The majority of work pending is ensuring backend and front-end integration are done smoothly

Thanks for checking out our technical update and we look forward to catching up soon!

If you’re interested in signing up to beta test our Lend & Earn product, please visit our website at https://www.helis.network.