Propbase Monthly Development Summary - June 2024

Development Summary

June 2024

During the month of June, the Propbase Yield application underwent further fine-tuning with additional user experience features in the front end. The Propbase Nexus platform introduced significant changes and positive announcements, including major new features and extensive bug fixes, further refining the website.

Key developments included tokenizing and releasing properties in the testnet, incorporating feedback from the testnet, and successfully launching the first property on the mainnet. Kickstarted the research for Propbase’s upcoming milestones, focusing on the secondary market and bridging to EVM chains.

Front-End (FE) Updates:

Propbase Yield:

• Implemented accurate data chart and claim history page fixes and testing in progress.
• Working on implementing 2FA for added security.
• Added a new Buy PROPS modal for PROPS purchases.
• Conducted comprehensive bug fixes and implemented user feedback following the release of multiple pools, ensuring smooth and reliable platform performance.

Propbase NEXUS:

• Progressed API and UI integrations to display external and IPFS PDF documents for each property.
• Completed Google Maps view integration for properties, enhancing user experience.
• Updated the Buy Token UI for improved mobile compatibility.
• Enhanced error message display by showing user friendly messages.
• Progressed HTML integration for the Nexus maintenance page.
• Resolved the bug in the transaction hash copy feature.
• Completed API integration for multiple vesting schedules for properties.
• Integrated the claim function on the property details page.
• Integrated property videos into the front-end, offering a richer visual experience, testing in progress.
• Working on updating the design for PROPS registration to be much more user friendly.
• Added privacy policy and terms and conditions pages.
• Made text updates for pre-release support.
• Provided extensive support for the property launch.

Back-End (BE) Updates:

Propbase Yield:

• Rolled out customer support APIs for seamless user assistance.
• Implemented robust 2FA for enhanced security.
• Provided support to the front-end team for bug fixes and user feedback.

Propbase NEXUS:

• Progressed on developing the property video upload API for tokenized properties.
• Completed development of email notifications for different milestones in property purchases.
• Added new fields for each property to display much more information to the users.
• Incorporated social media links within email communications.
• Finalized APIs for fetching data from Aptos and managing and listing multiple vesting schedules for properties.
• Enhanced the claim API with transaction hash inclusion, bolstering transparency.
• Developed and tested a script to identify and verify missing transactions, elevating security and reliability.
• Added KPI counters in the admin panel for superior user management.
• Addressed and tested the handling of specific addresses (0x0 and 0x00).

Token metadata to include PDF file links from public S3 storage, ensuring comprehensive property information.Pre-release and Property launch support.

Blockchain Updates:

Propbase Yield:

• Creation of a new staking pool for Nexus Promotional in Aptos mainnet.

Propbase NEXUS:

• Implemented functionality to increase user's maximum token allocation by an additional 10% across all membership tiers.
• Addressed and tested fixes for token claim issues.
• Prepared detailed architecture diagrams and workflow diagrams.
• Improved error handling by displaying specific blockchain error codes.
• Bridging to EVM with LayerZero integration is in progress.
• Comprehensive tests written for Nexus Membership 137 tests with 96.42% coverage.
• Comprehensive tests written for Nexus asset token and primary market contracts with 501 tests with 97.34% coverage
• Successfully conducted simulation tests for Nexus membership and property releases in testnet.
• Release of Nexus membership contracts in mainnet
• Release of Nexus asset token and primary contracts in mainnet.

These developments underscore Propbase's commitment to delivering a robust and secure platform for real estate tokenization and investment.