Avatar or Logo
Avatar or Logo
Avatar or Logo

Integral Insight Newsletter | 2022Q3

Oct 2, 2022

It's been an exciting quarter for Integral, as we’ve worked to expanded our product to L2s and continued to drive growth with Integral SIZE. Read below for a recap of our Q3.

Marketing Updates

We continued to host regular office hour events in our Discord. If you have questions about Integral SIZE or just want to hang out, be sure to stop by.

We also ran additional user campaigns, including the ongoing one with DappBack.

https://x.com/IntegralHQ/status/1557427291969523721

In September our team attended Messari Mainnet in New York City. It was great catching up with other builders and teams in the space.

Look forward to other regular content like Twitter spaces coming up next quarter. We have a lot planned to wrap up the year!

Product Updates

We've made significant progress towards the launch of our testnet version of Integral SIZE on Arbitrum.

Arbitrum is an L2 scaling solution that allows for faster and cheaper transactions compared to the main Ethereum network. By deploying Integral SIZE to an L2 network like Arbitrum, we can offer our users a number of benefits such as lower fees, increased speed, and further access for users to SIZE's 30-minute TWAP.

After months of hard work and preparation, we were thrilled to announce the launch on Arbitrum testnet in July. This was a major milestone on the road to a fully L2 deployment, which will go live in Q4.

https://x.com/IntegralHQ/status/1549436205162528770
In preparation for the Arbitrum launch, we took a close look at how slippage compares between mainnet and L2s. We found that L2s have the potential to significantly reduce slippage, which is an important consideration for traders and liquidity providers. Right now L2 slippage for large trades is still very high, but most small trades are done with low slippage.

As we continue to develop and improve Integral SIZE, we remain committed to ensuring the security and safety of user funds. In September, we identified and fixed a potential vulnerability in our SIZE contracts, with no loss of user funds. We know that trust and transparency are crucial in this space, and we're proud of our swift action to address the issue and keep our community informed. You can read more about the vulnerability and our response in our post-mortem report.

We're excited about the progress we've made in Q3 and are looking forward to continue our development and launch on mainnet. Stay tuned for updates and be sure to follow us on Twitter at @IntegralHQ for the latest news and developments.