March Updates

New Partners

LandX <> Defactor?

Defactor Partners with LandX Finance!

We're thrilled to announce our partnership with LandX Finance, a groundbreaking RWA protocol connecting farmland owners with crypto investors through blockchain-based perpetual commodity vaults.

LandX's mission is to empower remote farmers worldwide by providing access to Web3 financing, enabling them to modernize operations and adopt sustainable practices.

This partnership is a lending pool with LandX's xBasket—a cutting-edge auto-compounding index token. By depositing xBasket, users can earn lending fees and utilize it as collateral for borrowing USDC.

Stay tuned for more updates as we continue to explore new avenues for growth and collaboration in the world of DeFi.

Tech Documentation Updates

March Tech updates summary:

Backend Development:

• Implemented JWT Authentication for security.
• Enhanced loan handling and integrated token price feed.
• Improved data handling, pool management, and event duplication issues.
• Introduced additional loan and borrow status tracking.
• Developed new features for accurate financial data retrieval and calculation.
• Addressed backend database constraints and library updates for performance and security.

Frontend Development:

• Enhanced data visualization with new chart components.
• Refactored UI for flexibility and customization.
• Improved user experience with tooltips and error messages.
• Optimized data management and pagination for efficient handling.
• Updated UI kit for consistency and introduced new components like CardComponent.
• Implemented borrow functionalities and improved localization.
• Applied design improvements for better table interface and financial transaction clarity.
• Updated SDK for enhanced smart contract interactions and reliability.

Overall, the month of March focused on improving security, data handling, user experience, and interface design for both backend and frontend aspects of the toolkit.

Hungry for more? Be sure to visit Defactor.Dev to dive into the docs!?

Buyback Contract

The Buyback contract has been active, with just over 320,000 $FACTR going through the contract this month. Fees and revenue earned from the ecosystem continue to be fed into buying $FACTR token from the open market, which are subsequently locked in the contract for 365 days automatically.?

The contract has now accumulated over 1.5M / 111.1M of $FACTR - Which is just north of 1.33% of total circulating supply.?

Here you can view the Buyback Contract.

The Buyback contract has also gotten a new update, and it is now available in dashboard format on Engage.?

Podcast session

This month the Dublin contingent of the Defactor team got together at the Podcast Studios in Dublin to record the next episodes of ‘The Defactor Podcast’

Our very own Diarmuid Maddock and Finn Mcgahan also stood up to the plate and recorded some short episode’s - be sure to keep an eye out!

Episode #6 - Defactor Rewind - Is now available on all platforms!?

Content Highlights

The content team has once again been hard at work curating a wide variety of content to digest. Here are some of our top picks for the month of March:?

1. LandX Partnership Thread
2. New Defactor Ambassador
3. Tokenized World Episode #4 W/ Diarmuid Maddock

We’re looking forward to plenty more interesting content to come from our trips to Token2049.?

Event Spotlight?

CryptoMondays x Defactor: Transforming Real Estate with Blockchain - Lisbon

Defactor is proudly sponsoring an event in Lisbon together with the CryptoMondays community. We will explore how blockchain technology is revolutionising traditional real estate practices, from streamlining property transactions to enhancing transparency and security in asset management. Through engaging panel discussion attendees will gain invaluable insights into the potential of blockchain to disrupt and reinvent the real estate industry. If you’re in Lisbon on April 8, please stop by for drinks and discussions! Register here: Transforming Real Estate with Blockchain - Lisbon - Luma.

The Past, Present and Future of Tokenization - Lisbon

If you’re still in Lisbon on April 11, we have more things to share! Defactor is hosting an event at Lisbon’s Web3 hub - ?Poolside and we will be sharing our insights into the world of RWA tokenisation. Come learn about new trends, recent industry developments and opportunities. Make sure you register via the link below and stop by for drinks and some cool merch! The Past, Present and Future of Tokenization - Lisbon - Luma.

RWA Sessions - Dubai

With overwhelming interest, we’re delighted to announce our RWA Sessions event in Dubai during the Token2049 week, Friday April 19th in the Irish Village! This is a great way to wrap up a big week, talking all things RWA over a few pints of Guinness!?

We’re really looking forward to hosting everyone there, and if you have not yet signed up, make sure you do with the Luma link below.

Defactor RWA Sessions - Dubai - Luma

Blockchain Life Dubai?

The Blockchain Life Forum 2024 is set to take place on April 15th - 16th, and we’re delighted to announce our presence there!?

The event is set to be a headliner for the week, with more than 8,000 attendees from more than 120 countries taking part.?

Some key speakers include:

• Justin Sun (Founder of TRON, Member of the HTX Global Advisory Board)
• Sergei Khitrov (Founder of Listing.Help, Jets.Capital and Blockchain Life)
• Rachel Conlan (CMO of Binance)
• Paolo Ardoino (CEO of Tether, CTO of Bitfinex)
• Stephan Lutz (CEO and CFO of BitMEX)
• Yat Siu (Co-Founder of Animoca Brands)
• Dominic Williams (Founder and Chief Scientist of DFINITY (ICP))
• Ben Goertzel (CEO of SingularityNET)
• Xinxi Wang (Co-Founder of Litecoin Foundation)
• Andrei Grachev (Managing partner of DWF Labs)

And over 100 other speakers!

We would love to see all of our community there, and for that reason Defactor invites you to use the discount code ‘DEFACTOR10’ to join us on the action!

See you all there!

Closing comments

Overall, March has been a busy month both for Defactor, and the overall RWA space. We look forward to meeting everyone across the globe over the coming weeks, and expect to hear more exciting announcements from us!?