Kylix Finance is on the verge of becoming fully operational, facilitating secure cross-chain lending and borrowing within Polkadot. Phase 3 has been validated by the Web3 Foundation, strengthening the protocol's reliability and improving interoperability via the XCM protocol. Phase 4, the final stage of development, is almost complete and focuses on the necessary technical adjustments to optimize the user experience, security, and scalability of the platform.
Out of 80 promising Web3 projects that applied, 4 have been selected to join the Polimec x Scytale Academy. They will benefit from strategic support, initial funding, and access to Polimec's fundraising protocol as well. Congratulations to them.