October Development Updates

Common Wealth
2 min readOct 28, 2024

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This month brings a short update while the team builds and focuses on the next set of releases and updates to come.

Funds Update

  • All Street Fund — Ops team are busy buying up the best bargains available on secondary sales markets for both Priceless and Alpha Funds.
  • Decentralised ETF Funds — still working on this to find the optimum solution with lowest fees and smoothest UX. Expected sometime in November, alongside the fiat onramp and the user referral program

User referral program This program is long overdue for release and will see benefits for both the referror and the referee.

Staking for Participation 2,786,529 WLTH tokens staked for participation so far. The total staking for participation number fast encroaches on the total staking for discount. 👀

Staking contract migration Almost complete. Final touches going in for the new UI. Once complete this migration will benefit the overwhelming majority of stakers who were unable to secure their maximum discount on fees. Post-migration all users who staked in CDP phase will find themselves with the max. discounted royalty fees of 10%, and in most cases these stakers will now also have a shorter remaining duration too. To sum up — after the migration there will be no CRP or CDP phases, it will be possible for all investors to lock in the maximum discount at any time, and users can now stake from as little as six months.

Bug fixes and improvements in forums Several fixes including threaded replies, redirects to correct post after log-in for token-gated forums is fixed and a couple of other minor fixes.

Portfolio > Rewards section This section is being updated in the couple of weeks with recent XP programs and results. Users will now be able to see what they have earned in XP and from where.

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Common Wealth
Common Wealth

Written by Common Wealth

Early-stage VC access for the 99%. Fully decentralised. Fully on-chain. The way it was meant to be. --- linktr.ee/joincommonwlth

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