Hey! Sorry I missed your post, just saw the mention.
You're pretty much right with you assumptions about the reduced pace
- We pushed very hard to have a good Multichain Beta early and receive feedback
- It's summertime so we both alternatively took some days off
On top of this, we're working mostly on getting our multichain swap/ramp aggregator and this changes a bit our commit speed:
- Lots of manual testing
- Lots of admin (KYB to partner with ramp providers etc.)
- Part of the code is private because it touches the core business that we will use to try and make Keychain sustainable without DHF in the future
Now about your question:
We only make a few hundred USD per month (currently more like $100+ actually) with the Hive swaps. Since there's no way this could fuel a sustainable activity (couldn't even cover our infra), what we're working on aims to propose multichain swap and ramp services for cheaper than, say Metamask, and generate additional revenue this way. Once we manage to generate enough to stop having to rely on the DHF, we can start buying back Hive and influence the price positively. That's what we described, but building the multichain wallet was not a quick task.
About the update posts, that's a totally fair point, we promised regular (not weekly though) posts and one is long overdue, mostly because it will be a bit boring (we're still working on the swap feature) but yeah, my bad. This will be done before the end of the week.
Thank you for raising important questions without trying to draw all the conclusions by yourself.
Cheers thanks for the reply . Keep up the good work .