Dinari Q3 2023 Recap: Funding, Features, and More!

Dinari Q3 2023 Recap: Funding, Features, and More!

As we look back on the third quarter, we're thrilled to share some very significant milestones and developments achieved by our team. In line with our commitment to clarity and objectivity, here's a brief recap of the key highlights:

Over $7.5 Million in Seed Funding Secured from Top VCs and Angels

We are excited to announce that we've secured substantial funding from some exceptional investors (500 Global, Third Kind Venture Capital, Version One Ventures, Alchemy, SIG, and more. Since our inception, we've collectively raised over $7.5 million, which empowers us to drive innovation and growth in the ever-evolving blockchain space. The raise was featured in Bloomberg, CoinDesk, and other news sites.

Core Protocol Launch on Arbitrum Mainnet

One of our most pivotal achievements was the successful launch of our core security token issuance protocol on the Arbitrum mainnet. This strategic move expands our reach and enhances the efficiency and security of our platform.

Integration with Ramp and Transak Fiat Onramps

To provide our users with a seamless onboarding experience, we've integrated with Ramp and Transak fiat onramp services. This integration simplifies the process of converting fiat into crypto, making it easier for new users to join our ecosystem.

v0.1.0 Release with Feature Updates

In our recent v0.1.0 release, we introduced several notable feature updates:

  1. Limit Orders:  We've introduced limit orders, offering users more control over their execution strategies. Read the blog post here.
  2. Sherlock Audit Fixes:  Our team implemented internal improvements to increase the stability and security of our platform, based on feedback from the Sherlock audit. You can read the report here.
  3. Handling Stock Splits:  To future-proof the protocol, we've enhanced our system's capability to handle stock splits effectively.
  4. Dividends in USDC:  Users can now receive dividends in USDC, expanding the options for managing their earnings. Join our Discord channel  to recieve announcements when dividends are distributed.
  5. Paying Order Network Fees in Stablecoin:  We've introduced the capability to pay order network fees in stablecoins, offering greater flexibility to users.
  6. Launch of Gift Cards, Sign Up dShare Mystery Box, and Referral Program:  We launched a number of programs that will lay foundations for our growth and supporting our community to spread the word about Dinari. Learn more on our Referrals page.
  7. Improved Order Size:  Previously, there was a $5,000 limit on order sizes. In this release, we've expanded support for larger orders with a 1 to 2 day clearing time. We plan to further remove limitations and enhance clearing times as we ensure the security and stability of these enhancements. Try it now on at https://sbt.dinari.com/

As we look ahead to the final quarter of 2023, we remain committed to refining and expanding our platform, working diligently to meet the evolving needs of our community and offering innovative solutions. Thank you for your ongoing support, and stay tuned for more exciting updates in the near future!

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