SecondLane — Secondary Market for digital assets building on Weezi and Partisia Blockchain

Guest Blog by Oleg Ivanov, Co-Founder of Weezi/Secondlane.

SecondLane is co-founded by top players in the Web3 OTC market, combining advanced tech, licensing and historical business volume in the secondary market.

With SecondLane project teams, advisors and investors can now:

• Unlock liquidity for their unvested tokens & equity

Or

• Search, discover and trade illiquid digital assets

The technology stack has been built over the past two years with Weezi team, who now migrated full-time to SecondLane.

There are six essential features that are gradually being automated and released by the team. Each of these features represents the steps of a typical OTC deal.

Such features are bundled into three versions of the SecondLane platform, with SecondLane V1 up and running on EVM-compatible chains.

We are honored to be trusted by Partisia Blockchain to integrate the Partisia ecosystem’s main characteristics into our SecondLane V2 release.

The core element of SecondLane V2 is automated on-chain onboarding and verification of users and assets. This has to be done in (a) a compliant, and (b) privacy-preserving form; so that buyers and sellers are sure that their information is not known to the public.

Partisia Blockchain’s ZK MPC technology, coupled with the decentralized consensus of oracles, is the right mix of tools for our task.

The innovations set to be introduced by Partisia Blockchain is long awaited in the market, and we at SecondLane are excited to be among the first partners to integrate those into our product for our client base.

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Roadmap Spotlight #2: Development Tools

One of the main priorities for any blockchain is adoption. The stronger the base that are developing on the chain, the stronger the chain. And one of the important factors for adoption is the ease of development on a chain. For that purpose, we have been working hard on tools to help developers develop and deploy on our chain.

The below are some of the key frameworks, contracts and libraries that will help developers create amazing applications on our chain which we are planning to release in the next 6 months.

• DEX contracts — We are creating a template for DEX contracts alongside a factory to help developers create new DEX’s as well as onboard new tokens easily. Along with the BYOC Framework, we think this will help deployment of a DEX to be very simple
• CLI interface for interacting with smart contracts — Currently we allow interactions to our smart contracts through our UI in dashboard or browser. Through enabling interactions to our SC in a CLI, we will allow for developers to create scripts that can automate interactions to the smart contract they are developing.
• Test framework — Currently the devs need to manually deploy and manually test individual pieces of their contracts. In the new JUnit testing library, developers will be able to test deployment and actions for their contracts. This will enable Continuous Integration during development of smart contracts, where unit testing and cross contract integration testing can be stepped through and asserted.
• Gas estimation tool — We will be launching a tool to help developers calculate gas for their smart contracts. As our sharding architecture is unique, we want to create a tool to help developers compute their gas requirements for the application in an easier way.
• ABI for all governance contracts — We will enable interactions with our governance contracts, with documentation for what each of the contracts do.

With these tools, we hope we will allow development in our chain to be easier, and we will continue to focus on building new tools to help the development community.

Many of these items will launch as they get completed, with a full completion date of around the end of 4th Quarter.

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Roadmap Spotlight #1: BYOC Token Onboarding Framework

One of Partisia Blockchain’s core values is in collaboration. Our belief is that one of the main paths to advancing the further adoption of the blockchain industry is through working together. And this belief is built into our blockchain architecture.

As mentioned in our interoperability article, the current blockchain ecosystem is kind of like going to an amusement park. You can play in an ecosystem but only if you pay using their native token.

Partisia Blockchain’s payment mechanism broke away from this paradigm and designed a tokenomics that uses other chains tokens. We started off with Ethereum, then added Polygon USDC, and then integrated BNB into the chain. Now, we are bringing the ability to onboarding tokens to the community.

With the new Ethereum BYOC Framework, we are enabling the ability for any community developer to submit a proposal to onboard a ERC20 or a BEP20 token of their choice that is running on the respective chains into the Partisia Blockchain bridge. This brings the control of adding a token into the Partisia Blockchain to the public.

How it works:

• In order for the bridge to work between chains, you must have a contract in the Ethereum or BNB chain network as well as on the Partisia Blockchain network. We provide a template for anyone to tweak and submit a proposal to add the coin of their choice. Then you submit the proposal into the Partisia Blockchain.
• This proposal will go to a vote to our node operator committee. The committee then has 7 days to review the proposal and either accept or reject the proposal.
• If it is accepted, the contract will go live and the token will become available as an asset in the network.

By enabling this important roadmap item, we bring the control of onboarding any new Eth or BNB based asset into our unique bridge to not only be used as a swappable tokens, but allow it to be usable as gas for transacting in the Partisia Blockchain network. Whether you are a dApp that wants to add privacy services into your existing application, or create a unique DeFi solution on Partisia Blockchain that allows for swift easy swaps between assets while preventing front running and sandwich attacks through MPC, all of the value proposition that Partisia Blockchain offers is now available to any system running in the Etherium, Polygon or BNB chains.

Please look out for this feature being launched sometime in the 3rd/4th quarter.

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