Development Diary

02/12:

After a short stint with sickness, development is now resuming.

Priority list:

  • Get auto-HP/scam avoidance integrated

  • Connection issue & wallet disappearances

  • TP/SL refinement

  • Socials splitting

  • Full gas customization

    • Don't buy when gwei > x

    • Ape modes (avg. gwei * x%)

These is the near-future checklist for Majik.

We want to note that Majik is a project that has room for continuous development. There will always be things to add, refine, remove, test, etc. We also want to note that everything is being created from nothing, so, as all good things do, it will take time. We appreciate your patience immensely and look forward to watching Majik grow over the coming months.

01/27:

  • Feedback being worked on currently:

    • Connection issues

    • Wallet disappearing when bot is running

    • UI/UX lags at times

    • Take Profit and Stop Loss refining

  • Parameters being worked on currently:

    • Buy side:

      • Min/max block

      • Min/max fees/taxes

      • Only renounced contracts

      • Splitting up socials to individualized parameters (contract includes twitter, telegram, website with each being their own parameter)

      • Full gas customization

        • Don't buy when gwei > x

        • Ape modes (avg. gwei * x%)

      • Liquidity

        • Locked

        • Locked for min. x days

      • Smart scaling

        • Add x% after x% drop or x% gain

        • Add x% if volume increases x deviation (hourly)

    • General features being worked on:

      • Anti-HP & Scam system

      • LP removal implementation

      • Solana theorizing

We appreciate all the users who have been testing and providing feedback, it is invaluable to the progression of the bot and the project.

It is important to understand that the bot is still in its infancy and bugs, errors, and similar problems are expected. We hear all the feedback and are working diligently to ensure that the bot is refined and ready for when the market picks up steam once again.

01/18:

  • V2 beta testing is going swimmingly, users are enjoying the power of the bot and providing valuable feedback

  • Reports of the auto-buying module often getting within the first handful of buys on newly-deployed projects that fit within the user's auto-buying parameters

  • Slight backend optimizations have been implemented for smoothness and speed

  • Current works in progress in terms of importance:

    • Implementation of anti-scam system

    • Fix TP bug where volatility sometimes doesn't allow execution of automatic profit taking

    • Fix fee bugs

    • Laddered in-out smart scaling

      • Sell x% of total bag at x% profit, etc (add as many laddered scale-outs as you wish)

      • Sell x% of total bag at x% loss, etc (add as many laddered scale-outs as you wish)

      • Smart scaling-in (to be explained in the upcoming diary)

    • Validator bribing implementation

    • Gas saver implementation

    • LP removal frontrunning

For a fully autonomous bot that requires no user input beyond the initial setting up, we're absolutely thrilled at where we are and we are excited to soon begin revenue sharing and expanding cross-chain!

01/17:

  • Development diary beginning again due to community request + need for easier-to-read information delivery.

  • Community testing has now began, today, for the fully-autonomous Majik bot.

  • Blank error bugs have been identified and fixed.

  • Profit/Loss log has been implemented.

  • Transaction log has been updated to display information more accurately.

  • Private RPC has been implemented for community testing to ensure no sandwiching.

  • Current works in progress:

    • Implementation of AI anti-scam system to filter out as many honeypots and scam contracts when auto-buying

    • Implementation of LP removal frontrunning

    • Fix bugs with fee parameters

    • Bribing implementation

    • Gas saver implementation

12-24:

  • Private testing nearly done.

    • Auto-buying works flawlessly

    • Trade Log and P/L Log reflecting perfectly

    • TP & SL working well

    • Multi-threading working well

    • Need to fine-tune auto-selling for scaling out

    • Adding auto-adjusting bribing and transactional priority for better in-block placement on buys and sells

    • Adding slippage adjuster

    • Error reporting

    • Adding private RPC

  • New premium feature being worked on, perhaps our most powerful one yet... more to come soon.

  • Planned date for community beta testing: December 26

12-20:

It's been an incredibly busy past week, Majikians. We're nearing community beta testing, we're upgrading our systems on the backend, and we're getting ready to usher in the next part of the current phase.

  • Bot development (autobuying, selling, parameter-building, misc settings) completion: ~90%

    • More work to be done on autoselling and misc settings, but nearly complete

  • Backtesting page design complete, backend functionality completion: ~65%

  • In-house private testing has commenced prior to community beta opening

  • Work finished for bot stability on the backend to ensure that the bot runs even when you do not have the page open

  • Multi-threading capability finished

  • Working on fine-tuning the bot in entirety

  • Starting work on additional premium features

  • Graphics overhaul in the works

12-12:

  • Bot development (autobuying, selling, parameter-building, misc settings) completion: ~75%

  • Working on multi-threading bots (run bots with differing parameters simultaneously) & payment system for premium features (purchasing additional bots, backtesting, etc)

  • Still building scam contract repository.

  • Backtesting page design complete, backend functionality completion: ~60%

  • Revenue share claim functionality: ~40%

  • PAAL-Majik bot added to Telegram

  • PAAL co-marketing still ready to be utilized- likely waiting until bot release

  • Front-end designs for other pages nearly released

It's going to be a very Merry Christmas, Majikians. 🪄

12-8:

  • Bot development (autobuying, selling, parameter-building, misc settings) completion: ~50-60%

  • Building repository of scam contracts for safety logic - training AI with that data to be able to detect any potential scams automatically to ensure users are constantly and autonomously safe from all scams while running autobuying bot

  • PAAL co-marketing about to begin, PAAL-Majik bot to be added to the community Telegram within 24 hours

  • Front-end designs for remaining pages released soon so users can get acquainted with the remainder of the platform

12-6:

  • V2 website has been released and is live

  • Backtesting page design complete, backend functionality completion: ~40%

  • Bot development (autobuying, selling, parameter-building, misc settings) completion: ~40%

  • Began building Majik Router for block 0 autobuying

  • Began creating logic stems for anti-scam features (avoiding honeypots, frontrunning liquidity removals, tax raises, etc)

12-4:

  • Release package 1 successfully released

    • dApp has been optimized for mobile

    • Web3 connectivity

    • Wallet page + functionality released

  • V2 website will be released tomorrow

  • Backtesting page design complete, backend functionality completion: 30%

  • Bot development (autobuying, selling, parameter-building, misc settings) completion: 35%

  • After reviewing other projects that have copied our concept, we have began researching and conceptualizing the Majik Router to ensure we stay ahead of competition and to ensure users get the best entries

  • Inquiries sent in to QuickNode about optimal node integration into our platform to guarantee top-percentile speeds

  • In contact with PAAL for platform partnership + marketing

12-3:

  • Release package 1 is to be released within 24 hours and contains all listed development updates from the prior development diary entry

  • Currently in the process of parameter logic building for the beta form of the bot to be released soon

  • Backtesting data forming has begun

  • Framework for claims & revenue share module has begun

  • External page design (claims (revenue share), backtesting, analytics has begun

12-2:

We apologize for the lack of development diary updates the past couple of days, we didn't want to post any redundancy.

  • We have optimized the dApp to be mobile-friendly.

  • We have added Web3 connectivity.

  • Wallets page has been finished with all necessary functionality.

  • Actual bot development has began now that wallet functionality is finished, coming very soon in beta form.

  • Backtesting development has begun.

  • V2 website is completed.

Expect these rollouts within the next day along with a beta version of the bot within the 1-1.5 weeks.

Development diary will resume as normal again.

11-28:

  • Working on Wallets still along with brainstorming the structuring of the Backtesting component of the dApp - as mentioned before however, this will be the last component made, but it's important to begin thinking ahead as this is a critical part of the user's success on the dApp/bot

  • Sketching designs for other pages

  • More to come later today...

11-27:

  • Working on several potential front-end redesigns with renowned designers that have done project sites such as Maestro

  • Working on dApp backend adding Wallets design + functionality and immediately switching over to dApp Dashboard (the actual bot itself)

    • Wallets -> Dash -> Claim -> Analytics -> Backtest is the order currently in which development is occuring. Wallets and Dash are critical for the first two to be finished as those are the 2 components required for actual core functionality

      • Working with the development side of the team to delegate tasks for increased efficiency for this.

  • Social media has been delegated for increased activity

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