Squirrel Weekly (29/12) 🐿️

The 16th weekly recap & brief news about Squirrel.Finance

Scrat wishes all other squirrels a Happy 2021 🎉

Welcome back to another weekly project update, hope you all had a Merry Christmas last week 🎅 Thanks to everyone who gave feedback on the previous weeks 👍

Squirrel Survey Results 📋

Thanks to everyone who filled out the form last week, there was around 40 submissions and here’s a summary of the feedback:

Stash Product:
Majority rated likelihood to use 4 out of 5, almost all above 3. Next question the majority thought “Security” was it’s best feature followed by “Simplicity”. Then for improvements the majority selected “Too Confusing” option followed by “Not Flexible Enough”. For the final Stash feedback question there was 27 suggestions which will be taken into account in future. So yeah looks like most feedback would be around a lack of understanding of Stash (too confusing).

Insure Product:
Majority rated likelihood to use 3 out of 5, but with slightly more on 1-2 than Stash. Next question the majority again thought “Security” was it’s best feature followed by “Simplicity”. Then for improvements the majority selected the “Needs more tokens” option followed by afew on “Too Confusing”. For the final Insure feedback question there was 25 suggestions which will be taken into account in future. So yeah looks like most feedback would be around more adding farms in future.

General Questions:
The majority voted 5 out of 5 for “more likely to use once formally out of beta”, with almost every vote above 3. So will be looking to do that in short future 👍 For “more likely to use if they were made simpler” the majority voted 5 & 3. Then finally for “more likely to use if they were more powerful with advanced features” the majority voted 4 & 3.

Thanks again for those who filled it out, we appreciate all feedback you guys have given and will help drive improvements for the ecosystem. If you have not filled it out yet you can do that: here! 👈

Product Stats 📊

  • Insure USDC farming: $6209
  • Insure Eth collateral: 8.096 ETH
  • Total Stashes: 16 users
  • Estimated Stash TVL: $51124

Miscellaneous 🌰

Finally continuing on from last week (whilst price remains low) we carried out another 20 eth buyback of NUTS, there still remains 140 eth for future buybacks of NUTS.

Thanks for reading the 16th Squirrel Weekly, the final one of 2020! If you have any questions just let me know, i’ll see you all next year! 📆