Jun 15, 2024

We’re excited to bring you our first-ever public development update, detailing our latest progress and product achievements in the recent months. As we start to ramp up our product updates and business operations, we remain highly dedicated to advancing the DeFi landscape with cutting-edge technology and user-focused private debt lending solutions.
Here’s a look at what we’ve recently accomplished:
Permissioned Pools
Added support for USDC and USDT
Multi-signature wallet support
Auto investment approval
Automatic Withdrawal
New cSigma DeFi Landing Page
Permissioned Pools
We are pleased to introduce the implementation of permissioned pools on the cSigma platform. This new feature allows for the creation of exclusive liquidity pools that can be accessed only by authorized participants. Permissioned pools offer enhanced security and control, enabling institutional lenders to participate in DeFi with greater confidence and customizability.
Key Benefits of Permissioned Pools:
Enhanced Security: Access to these pools is restricted to vetted participants, reducing the risk of malicious activity.
Greater Control: Pool creators have the ability to set specific criteria for participation, ensuring that only qualified entities can join.
Tailored Solutions: These pools are designed to meet the unique needs of institutional lenders, providing a customized DeFi experience.
Added Support for USDC and USDT
We are excited to announce that cSigma has successfully integrated support for USDC and USDT. These additions provide users with more stablecoin options, enhancing the flexibility and liquidity of our platform. By supporting these widely-used stablecoins, we aim to offer our users increased stability and confidence in their DeFi activities.
Multi-Signature Wallet Support
In our ongoing efforts to enhance security, we have implemented multi-signature wallet support. This feature adds an extra layer of security by requiring multiple approvals for transactions, ensuring that funds are protected even if one key is compromised. This update underscores our commitment to providing a secure and reliable platform for all users.
Auto-Renewal of pool balance
Our latest update also includes the implementation of auto investment approval. When Lenders lend to Borrowers, they can turn on auto renewal, which rolls the lender capital at the end of each term. The new term automatically starts with the outstanding principal and interest earned in the last term, and reduces additional effort on users while renewing the capital.
Automatic Withdrawal
Now, users can withdraw up to $50K instantaneously without further validation of the transaction. The remaining amount would be released in a few hours once cSigma validators approve it, primarily to improve fund security.
New cSigma DeFi Landing Page
The new cSigma landing page is live! Designed with DeFi users in mind, the new landing page offers an intuitive and informative interface that makes it easier for new users to navigate our platform and access key information. This landing page update reflects our dedication to providing a seamless and engaging experience for all users in RWA (real-world asset) DeFi.
That’s all for now folks! Be sure to join the Discord and follow us on X to stay up to date on product releases and be at the forefront of RWA private credit DeFi 🚀
The information provided in this update is for informational purposes only and should not be construed as financial advice. cSigma does not endorse, guarantee, or take responsibility for any financial decisions made based on this information. Users should conduct their own research and consult with a qualified financial advisor before making any investment decisions. The use of cSigma’s platform and services is subject to the terms and conditions outlined on our website. All investments involve risk, and past performance is not indicative of future results.