Sunder Protocol — Alpha Release now live!

At Sunder, we are thrilled to communicate that we’ve accomplished our latest milestone, having achieved our full product release in Ethereum’s Kovan test-environment, being one step closer in the development and execution of our vision of making Governance participation and DeFi applicability mutually inclusive when it comes to governance token utilisation.

Features including minting, redemption, staking earnings isolated tokens to earn, providing liquidity, voting with DAO isolated tokens and more are now available to test on Kovan Testnet.

To access the Alpha, make sure you switch your Metamask to Kovan network, and either access via our website, or directly from here.

Oh, and have we mentioned our latest UI update? Have a look at — what we believe — is one of the slickest designs out there in the DeFi ecosystem. Have a look below!

Here’s an overview of the simulation conditions of our newly released Alpha:

• You can now try out sundering white-listed tokens such as COMP, and follow through engaging with any feature you desire.

• Non-whitelisted tokens can also be sundered (NEW!), any token can interact with the app by simply inputting the token address:

• Display of estimated dToken and eTokens to be received, fully adjustable and user-friendly; simply click ‘Max’ if you wish to sunder your full balance
• LP Mining: Through integration with UniSwap’s Kovan environment, you can directly start mining Sunder by providing liquidity with your dTokens/eTokens together with DAI
  Note: if you are using non-whitelisted tokens, simply take the dToken and eToken addresses in the Mint section to create a liquidity pair on UniSwap

• Earning Yield: Stake your eTokens on the designated section to experience the Sunder Yield Aggregator:

• Voting: Any governance proposal for whitelisted tokens shows up on the “Voting” section and can be further filtered by: All, Core, Community, Active, Pending and Closed.

Given Compound Testnet tokens are deployed on Ropsten, we’ve redeployed the Governor Bravo contracts on Kovan.

Compound’s Governor Bravo is structured in a 3-day period as follows:

• 1 day open for voting
• 2 days open for redemption

Once concluded, on-chain voting results can be inspected

Note: Due to the instability of the testnet environment, the time can vary for approximately 24 hours.

Note: We’re mirroring past proposals directly from Compound’s Governor Bravo module on Kovan to enhance the testing experience.

Each result of any test-vote can be found under each proposal page in the vote section, as the collected voting intention has been broadcasted on-chain.

PS: For non-whitelisted test-tokens which would like to get listed on Sunder voting platform, you can create your own space on the top right under “Create Space”.

Next Steps

After a thoughtful release schedule on the launched Alpha, we’re looking at various incentive-models to funnel engagement into the Kovan Environment. We believe an incentivised testnet release will not only support educational proliferation for community members, but also increase awareness and robustness over the product itself.
Would you like to suggest any thoughts or feedback on Sunder’s Alpha, or found any ways in which it could be improved? Share it with the community on the official Sunder Discord channel, and let’s make this one of the most anticipated product releases for this DeFi Summer!

About Sunder Protocol | Vision

The vision of Sunder Protocol is to allow any user to extract full value of governance tokens through Sunder Protocol. Participating in governance while earning yield to be simultaneously achievable, avoiding excessive overhead cost spent on fees.

Governance Participation should not be an excluding factor for alternative utilities, left available to fewer large holders.

Website | Github | Discord | Twitter

For inquiries, collaborations or direct outreach:
Find us on Discord (recommended) or send an email to: contact@sunder.finance