Cellframe AMA with the CEO: 8 December

Hi everyone! I’m Dmitry Gerasimov, CEO of DemLabs. Today we will discuss the main company news from the past three weeks, and answer your questions.

Today we will talk about:

And we will start with the news about the long-awaited LP staking program! Yes, we have finally launched it.

‌LP Staking

‌We are happy to announce that our BSC-CELL and ERC20-CELL LP-pair staking program has been launched!

Today, you can stake $CELL LP tokens on the BSC and ETH networks. This includes both those placed on the new smart contract and those on the old one.

To stake your LP pairs and get liquidity rewards and bonuses from our team, follow the instructions that we will attach to this video.

‌We also remind you that it is not necessary to dissolve old LP pairs: the older the pair, the more bonuses you will receive! You can read more about this in our tokenomics. We will add links to tokenomics info in the description of the stream.

We advise you to hurry up: the earlier you stake CELL LP pairs in the BSC and ETH networks, the higher your APY.

This is because you have less competition at the start, and there are also additional bonuses built into the distribution of rewards for early stakers.

‌Mainnet Roadmap

‌Today we’re also happy to present our updated Roadmap for mainnet development from now until the end of February, 2023.

This Roadmap is a step-by-step work plan. Of course, it will be adjusted and updated during the development process, but we will do our best to follow it.

From now on, during each AMA stream, we will show the Roadmap to visually demonstrate the progress of development. Viewers of our streams will be the first to know about our progress.

Important thing: it’s not a final date, it’s not the hard release date. We will know the final date near the end of this roadmap. Right now it’s just a roadmap, our plans. As I said before it will be adjusted and updated during the development process. But we will try to follow it. Anyway, it shows how far we are from the end point and how much we have to do. And as you can see, most things are related to security. So now we are on the final lap with this, and this roadmap shows it. On every AMA stream we will show you how we follow our plans, how we have adjusted, and so on.

‌New Devnet

‌Another important task for today is our DevNet. ‌This is a hard fork of the Subzero network, which will become our new public development network — a permanent network for debugging the functions of the future mainnet.

‌Today DevNet has already added a stable node synchronization mechanism, improved node submodules, and fixed a number of bugs. So the network is almost ready to launch.

‌After debugging DevNet, we will be able to test new functions in it, in particular, the open addition of new master nodes in the network.

After all the tests, a new network based on it will be launched, the release of our mainnet candidate, which is planned to be after the New Year, around January.

The current DevNet will test a future meinnet and after we will add most of its functions it will become a release candidate. This release candidate will pass from QA to the development team and back, and this balancing will continue until the end of our roadmap. And when it will be ended the release candidate will be forked and become a meinnet. And we will open it for masternodes, and it will be a fully functional meinnet.

Cellframe Wallet

‌Now let’s move on to the next interesting topic — the upcoming release of the MVP of our new Cellframe Wallet product.

Cellframe Wallet is a wallet application with a simple UX that allows you to manage your funds across networks. This product is intended primarily for those who find the functionality of the classic Dashboard too complicated. This is the so-called Dashboard Lite.

We want to bring Dashboard closer to enthusiastic people, to geeks, to developers. It will be a single platform for controlling a set of nodes. So the Cellframe Wallet will be the base for the mobile application and for regular users.

In the near future we will present a version of Wallet for desktops; a mobile version for Android and iOS will be available a little later.

It will support dApps, and t-dApps including the DEX will be available in Cellframe Wallet.

‌Web3 API

‌Over the past three weeks, here are the functions we have added for working with certificates:

- a function for creating public certificates (CreateOrder),

- a function for filtering certificates (CreateOrder)

This makes it possible to create orders for different node services, and to filter them.


‌Of course, we should mention the hard work of KelVPN team. The whole team is working on improving and optimizing the application.

Here’s what they report:

By the way, they recently relaunched KelVPN social channels. Now you can get the latest news about KelVPN on Telegram, Twitter and, in more details, on Medium (you will find links to them in the description).

They are also preparing some updates for Kel testnets. Stay tuned for more updates from the KelVPN team! !

‌The Bridge

‌We would also like to note the important improvements in the work of the bridge:

‌Newcomer’s Day

Last week we held a traditional Newcomer’s Day, this is already the third time. This is a special day dedicated to getting to know new team members. Most of them work in the office, but there are also those who come to the office from other cities to get acquainted and join the team on-site during important periods of development. Most of the time these team members work remotely.

This holiday is very important for us, because the team is our main resource.

This time among the newcomers were developers, testers, and new members of the marketing team. The newcomers told us more about themselves and their impressions of working at the company, as each of them had already worked for at least a month.

After talking and eating tasty food we even held a short music session with a DJ equipment, which has now been installed in our office. I got behind the DJ station and personally mixed the tracks! Now I’m a DJ.)


Now let’s move on to questions from our community:

If you are asking when it will be possible to withdraw tokens, withdraw them from the native network and sell them, then this will become possible after the mainnet hard fork. And if you’re wondering when you can claim your rewards, the LP reward mechanism is already up and running. For a single staking, we need to clarify this question, but I think that everything is already fine-tuned.

Does this mean that the fully functional mainnet will launch in February?

OK, these were all the questions. Thanks to everyone who asked. Those were amazing questions. Thank you for all your questions and for all your support! See you next time!



Service-Oriented Blockchain Platform | cellframe.net

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