Dear Community,

We hope everyone is doing well and not too affected by the FTX implosion. It’s been a crazy few days in this space.

One upside is that people are generally more keen on DeFi as a result. This is obviously favourable for us, yet we will need the overall sentiment to have improved in time for the 3rd Dec. For those wondering, we do not for the moment think that any artificial delay would be warranted, but will be keeping an eye on the situation.

In the meantime, we wanted to update you on a few things:

Liquidity Partners
We launched the Liquidity Partner Program a while back hoping to re-launch much sooner. In the meantime a lot has happened in the markets and as of right now, we are not seeing the same level of demand as previously pledged.

What this potentially means is that we would have to launch with low liquidity and gradually build it back up. Obviously the farming rewards will help encourage users to provide LP, but we would have wanted to be able to plan ahead a little better.

Therefore we want to remind everyone that the program will be closing soon, and there will be no other OTC purchases possible post launch. For those that may have been away for a while, if you wish to become a Liquidity Partner, please join the dedicated group https://news.1rj.ru/str/+Ou08H-t2deQ0ZmVl for details.

We have published a statement regarding the finances and costs of Crosswise development and how we handled investors funds, written by Frederic Beeg, CEO of Crosswise Finance, on Medium:
https://crosswise.medium.com/statement-addressing-finances-and-costs-72e63b78fa0c

Dear Community,
we have decided to the new updated version of Telegram for groups, which introduced dedicated topics.
You will now be able to see a list of topics on the left side of the menu when clicking on our group.
Please let us know if you would like to add any other topics besides the ones already created.
-Crosswise.Finance Team

We are excited to introduce sCRSS, our Stakeholder Token. 🚀
https://twitter.com/crosswisefi/status/1595649397144309760

Only 3 days to go!
LIke and RT:
https://twitter.com/crosswisefi/status/1597955124751568896

Dear Community,

Crosswise.Finance V2 got developed over the timeframe of almost one year. To ensure that expectations are met, usability is as good as possible and security is guaranteed we needed to change the plan last minute.

We have some bad and some good news. Our developers discovered a small bug in the farm code, which requires a re-write and and thus also renewed testing. At this stage we really wanted to launch but also don’t want to push a release if there is even just a minor doubt about security. Furthermore, this bug opened our eyes and made us realize we are in need of a Public, Open Beta.

The bug requires us to re-evaluate all contracts, redeploy on test-net and ensure compatibility with the existing functions. After all we think it is best to have thorough testing done before launch, that’s why there are more positive updates.

On the other hand we have two good news. We will be publishing an open beta around one week after the initial planned release date, around the 10. December. The Beta will be accompanied by a Bug Bounty offering you the chance to receive $CRSS in exchange for reporting a valid bugs. Public Testing will last until the re-launch, which is now planned for the 20. December as a Pre-Christmas present from our Team. The time remains unchanged: 1PM UTC, 9AM EST, 2PM CET.

Also, we managed to integrate full DAO functionalities into all parts of our DEX Fee scheme, which will enable the community to vote about each and every part of the DEX in the future ensuring our road to becoming decentralized is becoming a reality. Of course we will still keep our centralized support and user-friendly experience as part of the whole platform. We will soon be publishing a few videos and screenshots to reaffirm everyone that the project is ready to get tested and released.

Again apologies for the delay, but we all know this is the safer course of action. Thank you for your understanding and we will post details on how to access the Beta on the BNB Testnet very soon.
Regards,
Crosswise Team

https://twitter.com/crosswisefi/status/1634781209673756675

Crosswise.Finance V2 Beta Launch
📅 13. March 9AM UTC Launch
🚀 $CRSS Test Tokens will be dropped to all valid sign-ups from our Typeform
📌 Full simulation of compensation to all holders
⛓️ on BNB Testnet
🔗 Will be hosted on http://beta.crosswise.finance

https://twitter.com/crosswisefi/status/1635160088846700544

Crosswise.Finance V2 Beta is ready to be released at 9AM UTC today
🚀Airdrop sent to all valid sign-ups from our Beta TypeForm
🚀Compensation scheme initiated for all wallets for all prior CRSS holders
🔗All Beta contract addresses on BNB Testnet:
https://crosswise.gitbook.io/crosswise-docs/tokenomics/contract

Our V2 Beta has officially launched!🚀
Link: http://beta.crosswise.finance
Bug report form: https://form.typeform.com/to/lVn5Q675

https://twitter.com/crosswisefi/status/1637382220535963648

🚀We have already began to fix the reported bugs from our http://Crosswise.Finance V2 Beta
📅 We will close the Beta on next Sunday, the 26. March
🪐 Official Release will follow soon after
📌 Bug Report Board https://bit.ly/cw2-bugs
🔗Bug report form https://form.typeform.com/to/lVn5Q675

We have officially closed the submission of bugs for our V2 Beta.
Our team works hard to identity the last issues and fix those within the next days.
You are able to check the progress anytime on our Bug Board:
http://bit.ly/cw2-bugs
The release date will be announced soon.

https://twitter.com/crosswisefi/status/1640178748094836737