Evgeniy Mandrygin

Earn $MATIC and $SX just for betting on SportX!

Thanks to a $500,000 $MATIC liquidity mining grant by Polygon, SportX will now be offering the best bet mining incentive campaign ever. Period.

Starting November 15th, and for the next 12 weeks betters will earn:

$500,000 worth of $MATIC tokens

$1,000,000 worth of staked $SX

Every week, SX Network will be paying out users of the protocol $125,000 in rewards on top of regular bet winnings. Rewards will be paid out on Monday’s based on the previous 7 days betting volume.

How?

Go to SportX.bet

Connect your Metamask or create a Fortmatic email wallet

Make sure you’re connected to the Polygon Network

Bet on sports, esports, or crypto price markets using ETH or USDC on the polygon network

Thats it.

The SportX Betting Exchange

Note: We have implemented strict betting analysis tools to not count wash trading bets as eligible for Bet Mining 3.0 rewards. Any and all accounts deemed to be wash trading will not receive rewards.

What is SportX?

SportX is the #1 prediction market dapp by betting volume across all chains. All bets are peer-to-peer and settled on chain, since inception SportX has processed $76,000,000 in betting volume. Currently SportX is doing ~$4 million / week in bets, having grown over 2x in just the last month alone.

SportX is also one of the oldest apps on Polygon, having moved from Ethereum in October of 2020. Polygon’s superior scalability enabled SportX to offer an incredible user experience with extremely low gas fees.

SportX is taking its integration with Polygon to the next level in the upcoming weeks as it gets ready to launch SX Network — the first ever blockchain built using the new Polygon SDK! With the development, SX Network is helping cement Polygon as the dominate Layer 2 Ethereum scaling solution.

What is the $SX token?

The $SX token is the governance token of the entire SX Network ecosystem, of which SportX is the flagship protocol-owned dapp. The SX Network also consists of the SX Protocol primitives which power SportX, and SX Blockchain the first layer three blockchain and scaling solution on top of Polygon. For more details check out sx.technology.

About Polygon

Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 3000+ applications hosted, ~600M total transactions processed, ~60M unique user addresses, and $5B+ in assets secured.

If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.

Website | Twitter | Ecosystem Twitter | Developer Twitter | Studios Twitter | Telegram | Reddit | Discord | Instagram | Facebook | LinkedIn

About SX Network

SX Network will be the first public blockchain to combine a smart contract platform with an on-chain community treasury and a native prediction market protocol. SX Network is a stand-alone smart contract blockchain built on the Polygon SDK. It is designed from the ground up for blockchain application developers with EVM-compatibility, low-cost transactions, and a PoS-based consensus model.

Chain is excited to share with our community that we have updated our Chain Token Release schedules in accordance to CIP-1 to further extend the dates in which the CHN token vests as well as information on upcoming CHN token burns for unclaimed distributed allocations.

Chain Token New Vesting Schedules

The Chain Sequence Distribution allocation is now known as the Chain Distribution allocation with a monthly cap of 100,000 CHN. Previously, this amount was fully unlocked, but it was not distributed yet. Additional monthly caps were added to the unlocked portion of the Team allocation, which now has a monthly cap of 250,000 of 12,500,000 CHN. Previously, this amount was also fully unlocked and distributed. Lastly, 50% of the unlocked Team/Founder tokens have been migrated to a time lock smart contract with a 100,000 CHN monthly unlock. Previously, this amount was fully unlocked and distributed.

We have made the decision to extend the token time locks via multisig spending limits and time lock smart contracts. We have also re-designated the Chain Sequence Distribution allocation to just Chain Distribution.

Previously, there was no limit on how this allocation could be distributed to Sequence. Now, we have extended the availability of the program for rewards as we plan to acquire and launch other applications which will be unveiled in upcoming announcements. The vesting periods designated to the CHN token supply now have elongated linear release while previously these allocations were freely unlocked.

Chain Token Unclaimed Burns

The Chain Token is a utility token that powers the Chain ecosystem. Products like Sequence can utilize the Chain Token to access premium features, receive discounts, and to be used as a way to remit feed. For Chain Governance and Chain Staking, CHN is utilized to vote for proposals and secure their weight in the network through staking on the decentralized application.

In November of 2021, we announced the official token economics (Tokenomics) of Chain Token and how the distribution would take place. Fifty percent (50%) of the allocation was placed aside to distribute to prior and future Sequence users. We distributed approximately 32 million of that allocation collectively.

As of today, there still remains many clients that have unclaimed CHN. Chain placed a long stop date of March 1, 2022 for users to claim their CHN from the assigned and registered Ethereum wallets. Any CHN that is not claimed from allocations that are already distributed will be purged from the Sequence system and those respective tokens will be burned.

The burn of those unclaimed tokens will occur on-chain to the publicly available Ethereum burn address, thus effectively reducing the Chain token total supply. A notice has been placed on those accounts so that action may be taken. Once burned, Chain does not have the ability to mint additional tokens. If clients have questions they can email support@chain.com

Thank you!

We’re excited to announce that Zecrey — a zk-rollup-based layer 2 privacy protocol featuring a generalized cross-chain bridge, high-security cross-chain swaps, and high-efficiency privacy aspects — has integrated Chainlink Price Feeds on Ethereum mainnet. By integrating the industry-leading decentralized oracle network, Zecrey has access to high-quality, tamper-proof price feeds that support the following functionalities:

Calculating total asset value in Zecrey Extension Wallet

Helping secure prices for Zecrey L2 Private AMM DEX Swap

Calculating the APR when users lock assets in Zecrey Contracts

This will provide our users with stronger assurances that when they deposit assets into our Layer 2 system and exchange assets via Zecrey AMM DEX, they have reliable market data that is highly secure and battle-tested against price manipulation or anomalies.

To start, we have integrated the following Chainlink Price Feeds:

DAI-USD

BNB-USD

MATIC-USD

We chose Chainlink as our go-to oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink already helps secure leading DeFi protocols responsible for tens of billions of dollars in smart contract value, maintaining robust security and high availability even amidst unexpected events, such as exchange downtime, flash crashes, and data manipulation attacks via flash loans.

Zecrey is an L2 privacy protocol based on zkRollup that brings cross-chain privacy to the multi-chain ecosystem, solving the two major problems of privacy and isolation in the blockchain space today. Zecrey’s privacy cross-chain solution has two core functionalities: a privacy-focused, cross-chain bridge and asset swap.To support these functionalities, Zecrey has an all-in-one wallet that helps users to seamlessly manage their assets on multiple blockchains and aggregate assets in L2.

Additionally, Zecrey protocol encourages users to lock assets on Zecrey L1 contracts to balance the situation when some asset liquidity pool on some L1 is insufficient for users to withdraw. This is because in the Zecrey system, the cross-chain bridge requires deposits from L1s to L2s to use Zecrey, and vice versa when withdrawing. To help ensure there is always sufficient liquidity, Zecrey provides its native token REY as incentives to lock assets in the L1 pool.

In order to help secure total asset and APR calculations, as well as prices on the L2 AMM DEX, we needed access to fresh asset prices that are supplied directly on-chain in a highly reliable manner. Fair market asset prices should reflect a volume-weighted average from all trading environments. Thus, we needed to make use of an oracle network to fetch aggregated price data off-chain and deliver it on-chain to be consumed by our application.

After reviewing various oracle solutions, we integrated Chainlink Price Feeds because they provide a multitude of critical features such as:

High-Quality Data — Chainlink Price Feeds source data from numerous premium data aggregators, leading to price data that’s aggregated from hundreds of exchanges, weighted by volume, and cleaned from outliers and suspicious volumes. Chainlink’s data aggregation model generates more precise global market prices that are resistant to API downtime, flash crash outliers, and data manipulation attacks like flash loans.

Secure Node Operators — Chainlink Price Feeds are secured by independent, security-reviewed, and Sybil-resistant oracle nodes run by leading blockchain DevOps teams, data providers, and traditional enterprises with a strong track record for reliability, even during high gas prices and extreme network congestion.

Decentralized Network — Chainlink Price Feeds are decentralized at the data source, oracle node, and oracle network levels, generating strong protections against downtime and tampering by either the data provider or the oracle network.

Transparency — Chainlink provides a robust reputation framework and set of on-chain monitoring tools that allow users to independently verify the historical performance of node operators and oracle networks, as well as check the real-time prices being offered.

As a multi-chain protocol, Zecrey aims to prioritize expansion to EVM-compatible chains, and eventually to non-EVM chains as well. Intrinsically blockchain-agnostic, Chainlink gives access to asset prices across these blockchains. This makes it simple to expand our multi-chain scope with easily integratable price feeds wherever we expand.

In the future, we expect to make NFTs an integral part of the Zecrey system, and are looking to further integrate Chainlink services, such as Chainlink VRF and Chainlink Keepers, to give our users the most user-friendly L2 experience possible.

“Chainlink Price Feeds are the standard for reliable and decentralized price data. By leveraging Chainlink to access off-chain price data, we’re able to elevate our cross-chain services by giving users high assurances that products needing price data will always field the most up-to-date, tamper-proof data possible. It’s a truly future-proof solution.” — Sher, Co-founder of Zecrey.

About Chainlink

Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.

Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link. To discuss an integration, reach out to an expert.

About Zecrey

Zecrey is a ZK-rollup-based Layer 2 privacy protocol. Our purpose is to bring cross-chain privacy to digital assets. There are several keywords to describe its features: ZK-rollup, privacy, Layer 2 cross-chain bridge, and cross-chain swap.

Zecrey is an all-in-one plug-in wallet. Zecrey wallet can support multi-chain networks and manage assets with privacy in one wallet. For example, Zecrey wallet can connect to different blockchain networks. If users want to manage the same asset on different blockchains, they can be listed all together with respective network tags in Zecrey wallet. For privacy, Zecrey provides one-click privacy protection service for assets and transactions by switching to Layer 2 with one simple click. And Zecrey Layer 2 also brings a cross-chain swap, which helps users manage multi-chain assets more efficiently.

TezDAO LP Farm Created on Matter DeFi

The Decentralized Autonomous Organization empowering the community to propose and fund projects on Tezos has a new LP farm on Matter DeFi enabling token holders to stake and earn TezDAO tokens by providing liquidity.

Matter DeFi is a farming platform that incentivizes providing liquidity to Spicyswap, the next-generation DEX at the heart of the ecosystem. In addition to earning TezDAO tokens by providing liquidity to Spicyswap, Matter DeFi pays out MTTR tokens to users through a unique and innovative model in which Spicyswap LP providers are rewarded by staking their SSLP in one of the Matter farms.

The hallmark feature of Matter DeFi is its automatic buy-back-and-burn mechanics which work at the contract level, utilizing the platform’s own Heartbeat Oracle to prevent any front-running on prices. Users stake their Spicyswap liquidity pool tokens (SSLP) in the farms, and the farm takes 5% fees on staking and unstaking, respectively. These fees are then automatically routed to buy back and then burn MTTR at a rate that is meant to keep the token deflationary.

According to the Matter DeFi team, “The value proposition of Matter DeFi is that it is genuinely sustainable as a long-term farming solution. The trade-off, of course, is that Matter DeFi requires us to rethink the “mega-APR” approach to farming incentives we’re used to. But arguably this more conservative approach through the systematic inter-workings of the ecosystem is the kind of financial and social compounding we need to ensure the success of Tezos DeFi to come, largely because it lends itself to a circular economy that offers people real utility.”

From the beginning, TezDAO intended to offer staking to token holders, and this move with Matter DeFi has now made that possible in one way while also incentivizing liquidity within the Tezos DeFi ecosystem.

Start staking TezDAO today at: https://matterdefi.xyz/#/?live=10

For more information on TezDAO please visit TezDAO.org and to learn more about Matter DeFi, visit MatterDeFi.xyz.

Traditional bonds vs Crypto bonds

A bond is a fixed-income instrument that represents a loan made by an investor to a borrower. In other words, a bond is an instrument for issuers to finance their projects and operations. The issuers of bonds vary from companies, municipalities, states, to sovereign governments.

Investors welcome bonds because these provide a predictable income stream so it can add an element of stability to the investment portfolio. Although it is considered to be safer and more conservative to invest in bonds, there is still a possibility for default risk. Credit rating relies on third party agencies like Standard and Poor’s, Moody’s, and Fitch Ratings.

Crypto bonds, with their blockchain-native nature, will potentially revolutionize the traditional bond market in terms of cryptographic-security, transparency and automation.

How does it work?

Leveraging on smart contracts, given the complexities of bond issuance and rating, the efficiency, transparency and automation of the process can still be improved. In addition, by eliminating intermediaries, crypto bond issuers will be able to enjoy a lower cost. More subversively, crypto bonds use DeFi assets and derivatives to design bonds, which is an unprecedented attempt to innovate and revolutionize the diversity of digital assets.

What are Position Bonds?

Although still in its infancy, the homogenization of competition in the DeFi area is already evident. The current DeFi landscape is dominated by products and projects providing Automated Pools where lenders and borrowers interact. However, with the competition getting fiercer, the return on investment lowers.

Specializing in derivative products as a crypto platform, Position Exchange is aiming to enrich the DeFi product choices of the investors. In this way, diversity of the investment portfolio will be improved, so will the investors’ ability to resist risk. Position Exchange is introducing its first derivative product, the fully on-chain and stackable bonds.

In a similar fashion to bond trading, users can purchase and exchange crypto bonds using Position Exchange. Deeply integrated with DeFi, for the next step, users can stake the bond in the Bond Pool with a stable and fixed APR for a determined duration. Once the bonds reach maturity, the issuer will pay back the principle plus interest. To lower the risk of default, various assets back these crypto as collateral and the platform will use smart contracts to lock these assets away. As a result, a bond redemption can be guaranteed.

Exchanging bonds on the Position Bond Exchange is also feasible. And users can even issue their own. Individuals, companies, and projects can issue Position Bonds to fund their business and projects by simply locking their assets (tokens, coins, digital art or even virtual real estate) as collateral.

Why Position Bonds?

Instant Cash Back: Position Exchange bonds provide you with a platform in which you can simply trade or cash back your investment whenever you want.

Fully on-chain: No intermediaries, a fully decentralized, trustless and transparent system powered by smart contracts.

High and Stable return: Enjoy a high and stable return on your bonds by staking them in the high yield Bonds Pool.

Risk Free: All bonds are collateralized by Position Exchange and Payment with interests is guaranteed to bonds holders.

Accessible to anyone: Whether you are an individual, a project or company seeking financing and investment, you can issue your bonds easily by providing a collateral.

First Position bonds issuances: $2.5M of value sold out in few minutes!

The first two issuances of Position Bonds were released on February 2nd by Position Exchange (issuer) with two assets as Face value (BUSD and POSI). Both Bonds were sold out in matter of seconds and met with great community feedback totaling $2.5M of value raised.

After the end of the sale period, the bonds became active and could be staked and transferred. Users were able to stake their bonds in the Bond Pools with a stable and fix APR of around 400%.

The Yield to Maturity of the issued bonds is around 700% which means that for every $1000 invested, users will earn $7000 after the bonds reach maturity (2 years) as long as they keep their bonds staked in the pool for the said period. To note that the staking rewards can be harvested on a daily basis!

Position Bonds in Media

Several Article on different Crypto news platforms were released about Position Bonds during the course of last week. The most notable would be the articles on Cointelegraph, Bitcoin.com, DappRadar and Bitcoinist.

Position Bonds development stages

Users will be able to experience the fully on-chain crypto bonds with Position Bonds. Whether users want to issue, purchase or earn high yield through crypto bonds, Position Bonds will equip them with the one-stop platform they need.

The bond features will come to fruition through three main phases:

Position Bonds implementation and development for smart contracts. After completion of this phase, users will be able to purchase and stake Position Bonds to earn high and stable returns.

The Position Bond Exchange, where users can buy and sell crypto bonds easily and fully on-chain on the exchange.

The Bonds Launchpad. This feature allows individuals, projects and companies to issue their own bonds easily on Position Exchange by submitting an application and providing a collateral.

The first sale of this highly popular NFT in November sold out even before the announcement.

Due to popular demand, we are concidering a 2nd project!

medium.com

In 2021, the year of the COVID disaster, new digital technologies, such as metaverse and blockchain (NFT), which recreate the real world on the Internet, are attracting more attention. With Gen Z in the center, our lifestyle has shifted towards spending our free time mostly on the internet, and many signs, such as the decision of Facebook (Meta), the leading social media company in the U.S., to make a major investment of $10 billion in the virtual world, a.k.a. metaverse, show how the digital life is becoming a core part of human society.

When the metaverse becomes a part of everyday life, ‘digital fashion’ is expected to have the same value as in the real world, as a way to assert one’s identity. In particular, the fashion of dressing avatars that are projections of ourselves in the metaverse is becoming a hot topic.

By taking the initiative in creating a digital fashion brand ahead of demand, we aim to gain experience and knowledge through this metaverse-focused experiment. We hope to share this with the community and expand the possibility of digital fashion in the anime, manga, game, and VTuber fields.

bit.ly/30QqQUG

Number of Items

T-shirt: 3 designs x 10

Sneakers: 3 designs x 1

*The images above are samples and may differ from the actual design.

*The NFT owners will have digital ownership (within the limits of the general principles of public order and morality)

*The copyright and trademark belong to the Otaku Coin Association and FORCES, Inc.

*The NFTs are created on a dominant blockchain ‘Polygon (Matic)’.

■ ‘Me+ Japan’ Part 2 T-shirt & Sneakers NFT

■Metaverse fashion brand ‘Me+ Japan’ Part 2 sales page

#235: Dress Up on Metaverse! Virtual World Fashion Brand ‘Me+ Japan’ Sold OutToday, we have started the second sale of ‘Me+ Japan’, a metaverse fashion brand which you can dress up in the leading metaverse service ‘Decentraland’. The sale includes a total of 6 items of T-shirts and sneakers with the motif of the Otaku Coin.Virtual World Fashion Brand ‘Me+ Japan’ Part 2

The first-ever three headed canine meme-coin airdrop is coming to the Cosmos Network. The Cerberus NFT project will follow up the Cerberus mainnet chain launch later in 2022. The Cerberus ($CRBRUS) airdrop [pronounced — kur-ber-uhs] will be dropped to those staking\delegating Chihuahua ($HUAHUA), Osmosis ($OSMO) and Cosmos ($ATOM).

Cerberus will be a community lead meme-coin that will allow the community to vote on various proposals on the future use of the coin. The Cerberus blockchain is a completely permissionless blockchain where anyone can join the network and run a validator. The community will have the ability to gain value from the coin by staking Cerberus ($CRBRUS) with validators and liquidity pools. The first planned liquidity pool will be a Cerberus ($CRBRUS)/Chihuahua ($HUAHUA) LP.

In addition, the community will determine future use-cases for the coin via governance proposals submitted by any holder of the Cerberus coin.

Cerberus will have an initial supply of 97 billion coins with 69 billion Cerberus ($CRBRUS 71.13%) being distributed in airdrops to token holders in the Cosmos Universe. The remainder will be allocated to the community pool (11.34%), growth fund (11.34%), and team fund(6.19%).

Launch Roadmap can be found here at cerberus.zone

Proposed Coin Distribution

Community Pool

11 billion Cerberus ($CRBRUS) coins will be locked into a community pool and allocated for governance proposals voted on by the community.

Growth Fund

11 billion $CRBRUS will be allocated to the growth of the Cerberus ecosystem.

Airdrop Pool

69 billion $CRBRUS will be allocated to airdrops. ATOM, Osmosis and Chihuahua delegators will receive airdrops. We will release more details of the exact airdrop ratio to Chihuahua, Osmosis and ATOM holders as we get closer to the snapshot dates. Snapshot dates are still to be determined. Follow us on Twitter @CerberusZone for the latest updates.

Team fund

6 billion $CRBRUS will be allocated to the team. The first team vest date will occur 6 months after mainnet launch. The team fund will vest over a 24 month period. The exact vest dates and amounts will be updated here after mainnet launch.

Airdrop Info

There will be two types of airdrops, giveaway airdrops and airdrops to those who stake to validators. Giveaway airdrops are for completing a task, and token airdrops are for those staking tokens in the Cosmos ecosystem. The best way to stay up to date on upcoming giveaway airdrops is to follow us on Twitter @CerberusZone.

Airdrop Distribution

Chihuahua delegators — 27 billion $CRBRUS —Snapshot Date TBD — Airdrop Date TBD

Cosmos delegators — 20 billion $CRBRUS — Snapshot Date TBD — Airdrop Date TBD

Osmosis delegators — 20 billion $CRBRUS — Snapshot Date TBD — Airdrop Date TBD

The exact ratios of the airdrop will be determined after the snapshots are taken.

Giveaway Airdrops

Total 2 billion $CRBRUS

Note that the airdrop will only be available to those who self-custody their assets. This means if you hold your Chihuahua ($HUAHUA), ATOM, or Osmosis ($OSMO) on centralized exchanges such as Coinbase, Binance, etc you will not be eligible for the Cerberus $CRBRUS airdrop.

Updates

Follow us on Twitter @CerberusZone to stay up to date when the airdrop will be happening.

Tentative Launch Roadmap can be found here at cerberus.zone

We are excited to announce Crifferent.de as an official sponsor of. The Crab Hackathon!

Crifferent.de will be adding. $5000 USDT in sponsorship to the Web3 Tools category of the Crab Hackathon. Founder and CEO dev0_sik will be judging its sponsored categories and will provide his expert knowledge in the evaluation of the projects bidding for the top prize.

This money will be added to the following categories of the Web3 Tools:

Outstanding prize $10,000 USDT + $2,500 USDT

Merit prize: $8,000 USDT + $1,500 USDT

Decent prize $5,000 USDT + $1,000 USDT

About Crifferent.de

Crifferent offers hassle free Staking-as-a-Service within the Polkadot & Kusama ecosystems. Bringing a deep knowledge of node operation and a wide network of global expertise to its stakeholders. With over 10 combined years in crypto our roots run deep and our experience is broad.

”As a company that encourages growth and development, we are happy to support open-source coding at the Darwinia Crab Hackathon and help build the Dotsama ecosystem.” – Crifferent Team.

https://crifferent.de/

About Darwinia Crab Network

Crab is the canary network of Darwinia and implemented with DVM(Darwinia Virtual Machine), which is EVM(Ethereum Virtual Machine) compatible, providing developers with the ability to rapidly port dapps from Ethereum and EVM-compatible chains to the Polkadot ecosystem.

Ease of multi-chain integration:

DVM(Darwinia Virtual Machine) is EVM(Ethereum Virtual Machine) compatible, which provides developers with the ability to rapidly port dapps from Ethereum and EVM-compatible chains to the Polkadot ecosystem.

2. An EVM+ platform, Crab is also providing:

Substrate-to-Substrate bridge

Ethereum cross-chain bridge

Usecases:

DEX building on Crab can integrate cross-chain assets across Ethereum and Polkadot ecosystem.

For NFT applications,enable to discover cross-chain NFT interoperability with Substrate-based chains, such as RMRK on Kusama.

3. Oasis for the Polkadot Metaverse ecosystem;

Darwinia has developed Metaverse game Evolution Land, which has been included in TOP 5 NFT games, etc.

Usecases:

For Gamefi applications, enable to showcase the reuse of NFTs by integrating NFTs into Evolution Land.

Active community to fix your cold-start problem;

As a growing EVM compatible platform still at an early stage,community users are requesting diversified Defi,NFT,Gamefi applications.

Building on Crab help project efficiently expand user adoption of project’s application.

After much anticipation from the community, Pact is pleased to announce its testnet launch. As of today you can go to https://testnet.pact.fi/ to test the user experience and offer your welcomed feedback!

Get connected

On the testnet, you can now try out the liquidity pools and asset swap features, in a totally safe, sandboxed environment with no real world monetary impact. Connect your wallet to dive in, contribute and help us improve!

You can find an early version of our docs here (note, these are constantly being updated) to help you get started docs.pact.fi

Upcoming AMA on the Pact testnet

Pact will provide an opportunity to have another live discussion with our team shortly after the launch. Keep an eye out across our channels for details as an NFT reward could apply for testnet participants who trial the product.

To make your voice heard, or if you have more in-depth questions for the AMA, please stop by and join our Discord server https://discord.gg/E5jtDdmwZ8

We want to hear your feedback, good and bad. Although not all of it can get actioned immediately, it’s all highly valuable and gratefully received. The team will use your insights to constantly work to improve the user experience.

Pact testnet is still in the active development phase, with features constantly being added and refined to enhance the user experience.

Launching with just the first batch of platform functionality, the team at Pact will continue to build non-stop for the rest of 2022 and well beyond!

About Pact; pushing the boundaries of on-chain innovation.

Read the full Hello World press release to find out why Pact is set to become the Home of Liquidity on Algorand.

For trading platforms to be adopted by the mass market, trades need to be able to occur quickly and at a low cost. Pact provides this very solution, leveraging the next-generation Algorand blockchain to facilitate near-instant low-cost swapping of blockchain assets. This provides a vastly improved user experience and opportunities for tremendous user growth in both liquidity provision and trading volume.

Pact is an Automated Market Maker (AMM) project, where initially, Pact will launch with a constant product, symmetric 50/50 pool design, which has been engineered to be extremely familiar and intuitive to pick up.

With Algorand at Pact’s core, issues such as exploding transaction costs, front-running and network congestion are a thing of the past. This next-generation blockchain solution offers four-second block finality, no forking, and low transaction fees (currently $0.2c USD), thanks to the pure proof of stake consensus mechanism it employs.

Pact will also launch an affiliate program with several partnerships already established with Prismatic and xBacked sharing a portion of fees with other platforms that integrate and drive volume.

Glossary

IDO — Initial DEX (Decentralized Exchange) Offering refers to a pre-sale event that happens prior to public listing. IDO allows a project to fundraise a certain amount of funds by enabling active participation from the side of retail-investors.

HAPI — cyber security protocol that aims to uproot the norms of maliciousness being spread across the crypto market in its current state. HAPI also jointly with Solana developed Boca Chica for the purpose of expanding and promoting the Solana ecosystem.

AllBridge — the project from ApySwap foundation that strives to unite networks and enable complete interoperability by bridging blockchains.

SolPower — is a calculation of staking reward from Solana Staking that gives access to Boca Chica. It’s non-transferable and non-exchangeable and simply displays your current compounding rewards from Solana Staking.

Epoch — on Solana means the time between each reward distribution from staking. For SolPower to appear at least one epoch ought to pass.

$ABR — native token of AllBridge

Oversubscription — proportional distribution after a hard cap is exceeded.

Solana Staking Reward system — https://docs.solana.com/staking

Boca Chica — Intro

It’s paramount to set the tone of success from the very outset, in this fashion the whole journey will become much easier to embark on. This is the reason we put so much value and care into meticulously designing and preparing Boca Chica launchpad for the commencement. The clock is ticking and launch is imminent, strap in your seats and observe the turbines brisantly alighting the solemn night.

With Boca Chica, HAPI team aims at trendsetting the new paradigm of IDO and pre-sale conducting by eliminating the most grating element of them all — tokens. Platform-specific tokens are cumbersome, limiting, and exceedingly unilateral. In most cases they present a roadblock that debars retail-investors from being able to participate in the early fundraising stages. This also evidently causes a detriment to a project itself. Firstly, in the way of insufficient exposure and/or funding and secondly, by the lack of credibility afterward.

What makes Boca Chica unique is the interwoven nature of its structure in Solana. Unlike a slew of currently available IDO launchpads on Solana, Boca Chica is not only built on and for Solana, it also actively utilizes Solana’s infrastructure as a medium to better accommodate and simplify the process of IDO admission. Therefore the term “powered by Solana” will be the best suited one.

AllBridge — Intro

AllBridge is the project from ApySwap foundation that strives to unite networks and enable complete interoperability between them, sowing the seeds of convenient, and easy-to-use hubs for seamless transitions between blockchain solutions. AllBridge also tackles bridging networks in different ways. Instead of requiring every validator to monitor all the supported blockchains, each validator will be delegated a right to decide which blockchain to support. To that can be added that AllBridge is operating via an on-chain consensus mechanism that ensures transparency.

AllBridge is uniquely poised to become the go-to bridge infrastructure that will interconnect various networks and gallantly establish itself as a crowning solution for the Solana ecosystem. In so far as the expansion of Solana ecosystem goes, AllBridge institutes frictionless and multi-chain capability to transfer one’s token to Solana Blockchain, allowing for substantial leverage of higher throughput, and impeccable scalability of the latter, bridging the cleft between Solana and other Blockchain infrastructures.

First IDO — Details and Terms

The focal point and the immovable crucial concept of Boca Chica is to facilitate simplicity of access. For that reason we made sure that the only prerequisite needed is connecting a wallet to the platform. No staking, no token holding, the idea of Boca Chica is to promote promptness and brevity of actions required.

Solpower

In order to succinctly explain the general notion of the structure and details of the first IDO, we will need to first harken back to the idea of SolPower. SolPower is NOT a token nor is it a traditional value asset that can be bought or exchanged. Instead, SolPower constitutes the access-giving tool that permits entry to Boca Chica.

SolPower is accounted to the Solana wallet ONLY via the Solana Staking Reward system. By staking Solana on one of the APPROVED validators, stakers also gain SolPower with the ratio 1:1 with their Solana.

Steps Needed to Connect SolPower to Boca Chica

Go to bocachica.io

2. Connect your Phantom wallet to Boca Chica

3. Now that your wallet is connected, click “Join”. After you clicked Join, you need to approve it in the wallet window

4. With the wallet approved you should be able to see this window.

How to Participate and Buy on Pre-sale

After the access has been granted, a user can buy a share of tokens the ratio of which depends on a project’s incubated demand. Each entrant can only buy a 100$ worth of tokens regardless of the SolPower (minimum is one Epoch stake time for sufficient SolPower to accrue) in the wallet. This will allow more people to participate and be a witness of the seamless nature of Boca Chica. Our goal is to enable everyone engaged with Solana to partake in expanding and fostering the Solana Ecosystem.

How to Stake Solana in Phantom Wallet

One of the ways to get access to the Boca Chica platform is to stake Solana with approved Validators. Staking is a simple, easy and quick process that requires 3 clicks inside Phantom wallet. You can also stake it manually but staking with Phantom is more preferable.

List of approved Validators can be found here: https://validators.bocachica.io/whitelist

First AllBridge IDO will include TWO round system:

IDO with SolPower (94% of the total fundraising pool). To be eligible for Platform Access, a user must hold SolPower in their wallet. After the wallet has been approved with Boca Chica, 100$ worth of $ABR tokens can be purchased with sUSDT. Therefore it’s imperative that users have some sUSDT preliminary stored in their wallets.

HAPI Round (6% of the total fundraising pool). This round is exclusively conducted with and for HAPI holders. For this round each participant will need to send HAPI (Solana Blockhain HAPI) to a given contract address. HAPI round will also include oversubscription and proportional distribution. Oversubscription aims at eliminating FCFS (First Come First Serve) method and instead distributes tokens proportionally amongst participants. There is a hard cap (6k$) that can be exceeded causing subsequent proportional distribution to ALL those who participated.

Key Points

2 Round System: Public Round (with SolPower), and HAPI Round with oversubscription to eliminate FCFS.

SolPower IS NOT a token that can be bought or exchanged. The only way to get SolPower is to participate in the Solana Staking Reward system by staking Solana with approved Validators

SolPower needed to access AllBridge IDO is one Epoch stake time.

Fixed rate of Solana to SolPower before the IDO start.

On HAPI round, $HAPI tokens are used instead of USDT.

Boca Chica is THE best IDO Platform on Solana.

Highlights

nConnect | No more sacrifice on security for remote accessing

A completely new and rebuilt Surge 1.0.0 Beta Release!

NKN nConnect and QNAP twitter holiday season Coupon is on Final Call!

nMobile new Updates

Happy Lunar New Year 2022!

Mainnet technical development updates

Latest Mainnet Stats January 27, 2022:

The latest stable release for mainnet is v2.1.7

(https://github.com/nknorg/nkn/releases)

nConnect | No more sacrifice on security for remote accessing

Desperately searching for something that will save you from sacrificing security when remote accessing?

Find what the expert NASCompare has to say here:

https://nascompares.com/answer/how-to-connect-your-qnap-or-synology-nas-to-the-internet-safely/

or watch his YouTube Video:

https://www.youtube.com/watch?v=iIGwBkrFu_o

Since nConnect does not open any public IP addresses or ports, you are free from any potential security breaches while trying to access your devices remotely. Moreover, thanks to our vast decentralized NKN network infrastructure, nConnect guarantees both speed and security at the same time.

If you are a Synology, QNAP or ASUS NAS user, it’s definitely worth a try. A brand new secure and fast experience for remote accessing is waiting for you just within a few simple steps of setting up.

Find out more about nConnect on our official page:

nconnect.nkn.org

A completely new and rebuilt Surge 1.0.0 Beta release!

https://getsurge.io

A version for small group public testing for this fully new and rebuilt version of Surge 1.0.0 Beta is out in our communities! you can find the download link below from our community developer group rule110:

https://github.com/rule110-io/surge/releases

Built on NKN’s fully decentralized blockchain network, Surge is a trustworthy p2p file sharing App that enables 100% anonymous file transfers.

NKN nConnect and QNAP Twitter holiday season coupon is on final call!

50% OFF COUPON for nConnect on QNAP NAS is on the final call!

Apply code: QNAPnConnectTwitterCoupon at stripe or credit card check out to enjoy nConnect for only half of its original price.

nMobile New Updates

Continuously improving our product to realize its full potential, we have several updates for nMobile in this month:

Optimized efficiency for file/message sending

Optimized Client connection performance, including connection under weak Internet environment or sudden network switching (e.g. between WiFi and cellular)

Fixed countdown time for burn after reading

A brand new version of nMobile with updated functionality and new features is awaiting in the coming year, stay tuned guys, for the next groundbreaking messaging tool!

Happy Lunar New Year 2022!

NKN team wishes you a Happy Lunar New Year! It’s the Year of the Tiger according to the Chinese Zodiac.

Once again, on the behalf of the NKN team, we’d like to thank all of our community members, holders, developers, partners and friends from all over the world for supporting and loving NKN in the past year. And we promise to bring more in the coming year!

66 countries & regions

116,742 full consensus nodes

[ update Jul 1, 2021 4:51PM EST ]

We’ve found another minor glitch that will result in a “success” transaction but no upgrade event.

This will not affect the total balance or prevent you from any other activities. This will consume gas much like a failed transaction.

Our diagnostic

We have found that the issue relates to our upgrade.shyft.network dApp’s rounding of floating point numbers in comparison to the input fields (human readable) and the ‘wei’ value in the background.

We can see this in the first completed Upgrade that emits Logs and Events. The second has not completed, the transaction is a ‘success’, but no on-chain balances have changed, and no event logs etc.

Zooming in, we can see that the input value ends with ‘050000’ and the ‘Quantity’ of the actual tokens in storage in this address are ‘048192’. As the input value is higher than the actual value, the Upgrade event fails, and due to the fact that we could not modify the original contract, we could not get additional events/notifications in place.

Suggested Fixes

1. A bit more patience — We’ll get a new dApp up that does the mathematics properly in relation to the input fields, should be able to get it up later tonight, reasonable 100% estimate is Friday June 2nd at 5pm EST.

2. If you want to do it right now — Simply enter the number manually into the text field instead of using the ‘max’ button on the interface, round to the nearest 5th decimal and you’ll be perfectly fine in consideration of the 0.0001 SHFT sent to all previous Holders.

Thanks for the feedback and support. We are working together to get this phase over as quickly as possible.

[ update Jul, 1, 2021 ]

The Shyft co-founder team came together to problem solve, and we’ve found a clever fix for this issue!

We ended up using https://disperse.app to send 0.0001 SHFT to each user, forcing Etherscan to update the token balances & associations for each of the existing token holders from the Shyft v1 contract.

We did this by using “export as csv” from the token holders in the v1 (https://etherscan.io/token/0xcba3eae7f55d0f423af43cc85e67ab0fbf87b61c#balances)

and sent out the 0.0001 SHFT to each existing token holder, across the board.

We appreciate the community’s patience & feedback while we were inspecting this issue :)

Hello everyone, Chris from the Shyft Network here. We’ve discovered some tooling intricacies brought on by our token upgrade process that may be causing some concern if you, the user, are trying to confirm your balances using multiple sources.

NOTE: If you haven’t tried to do the token upgrade, read this first.

Description / What to Look For

Here we have an example of the “Events” of the v2 upgraded SHFT contract (0xb17…D85):

https://etherscan.io/address/0xb17C88bDA07D28B3838E0c1dE6a30eAfBCF52D85#events

As we can see, this user (0x6153…213) has completed an upgrade for 3959…0000 tokens. This value is in “wei”, with 18 decimals of precision.

At this point, even though we can see that the user has Upgraded 396.90316283213986 SHFT tokens successfully, Etherscan will (currently) not report this amount for the user (0x6153…213).

We can see that this user is not reflected in the Token page at the moment:

And on this user’s account page, the SHFT [ Wrapped ] token isn’t appearing yet.

Issue Severity: (#004, 2/10) — interfaces, user expectations, non-critical, important

Cause

Etherscan does not read the custom ERC223-style receipts for the “TransferFromBip32X” event, and so does not automatically create/associate their user’s page with the Token.

Solutions

1. Don’t Panic

Here is one example of a metamask wallet with both of the SHFT tokens included. The icon we’re interested about for the results of this Upgrade event is the one that looks like what I’d call an “orange mountain”

[ ex 1 & 2 ]

After the v2 Upgrade event, you will see your tokens in metamask!

2. If you really need to see it on Etherscan, you can help yourself

Use MetaMask to send a single v2 SHFT to yourself. This will immediately update your balance to the totality of the amount of v2 SHFT you own, as well as adding your address to the etherscan.io ‘holders’

3. And if that’s too complex, we can help you too!

Just DM us on Telegram and we’ll help you out within 48 hours, we’re here for you and will respond as soon as we’re able.

4. Patience until tools are updated.

All of your tools are our tools as well. Etherscan’s 100% compatibility and user-friendly-ness are important to us.

We’re in communication with the Etherscan team to utilize our events to incorporate our flow of the holders/balances in relation.

Dear community,

The past month was filled with learnings & progress for the team at Razor Network; notable developments have been covered in this article, namely the release of RazorScan V2, development of Command-line Interface in GO programming language, optimization & improvement of Razor Oracle Smart Contracts.

RazorScan V2

We have added more components and improved our API, the significant addition in the RazorScan to support the aggregated value of all the assets. Earlier, we only supported one endpoint URL to fetch the asset’s price, but now, we support multiple endpoints.

The value of each asset users now see on the RazorScan is an aggregate of several values fetched from different sources. Aggregation is done off-chain methods used are mean/median. Stakers ensure that values being submitted/proposed for a collection are aggregated as per the aggregation method specified in each collection.

Also, RazorScan V2 is made more user-friendly with the dark mode feature; users can toggle between dark & light mode easily. Query speed has been optimized, graph structure has been upgraded to provide comprehensive data about an asset, and users can now access entire Oracle data.

Golang Command-line Interface

We have launched a Command-line Interface developed in GO programming language by Golang. It was done to improvise the security of the interface and to make it more stable for nodes to conduct activities like staking and voting. Dive deeper by reading the documentation or by clicking on this GitHub link.

Also, users can delegate their $RAZOR tokens to any of the active stakers. Along with delegation, some more commands like setting up the configuration for Command-line Interface are added.

Smart Contract

The team is constantly working hard on smart contracts to make them more secure and optimized. There have been many optimizations and improvements added to the Razor Network’s Oracle Smart Contracts, some of the significant changes are listed below:

Implemented Influence Mechanism

Aiming to penalize and reward stakers in a justifiable way, we have added an influence mechanism. The rewards and penalties of the stakers are calculated using the age of the staker. Age represents the duration of the staker being part of the network, further based on age, and few more factors influence and reputation of the stakers are calculated.

Pausable Smart Contracts

We have made our smart contracts Pausable. It will make smart contracts more secure and enhance the user experience. All the staking and unstaking activities will be paused in case of a change in the value of governance parameters or for upgrading the smart contracts.

Added support for users to delegate funds to stakers.

Any user will now be able to delegate their $RAZOR tokens to any of the stakers and earn passive income.

We have made a significant leap of progress to deliver a world-class blockchain agnostic Oracle network, focusing on maximum game-theoretical security, complete decentralization, fetching Datafeeds from multiple sources to eliminate a single point of failure, and being fully permissionless. We are actively hiring for our development team; qualified candidates can apply/refer here!

We would like to thank everyone who participated in our ZKyber testnet campaign and gave us feedback!

Since the early days of Ethereum and DeFi, Kyber had been at the forefront of Ethereum Layer 2 scaling research. Our research work on Elastico was the first proposed sharding solution for public blockchains and directly inspired the design of Zilliqa, a promising scalable blockchain project. We previously contributed to Plasma research and more recently we deep dived into the tradeoffs between different Rollup solutions. Ethereum remains a key pillar of DeFi and ‘ZKyber’ is Kyber’s latest contribution towards L2 scaling research to help improve Ethereum’s user experience and advance its ecosystem.

With our ZKyber testnet, we wanted to showcase the huge potential of a ZK-Rollup-based L2 scaling solution that makes trading on Ethereum faster, cheaper, and fairer, without sacrificing security. To recap, Zkyber has 100x better performance than Ethereum, close to the performance of a centralized exchange while preserving Ethereum’s decentralization and security. ZKyber greatly reduces fees and latency, and also provides front-running and ‘sandwich attack’ resistance. Read our previous post on ZKyber.

ZKyber is an important step towards making DeFi trading truly seamless and effortless — We have taken these learnings and you will hear about more initiatives from us soon this year, the 5th Anniversary of Kyber Network.

$50,000 ZKyber Testnet Giveaway

5921 wallet addresses fulfilled the criteria stipulated earlier and are eligible to claim KNC rewards on KyberSwap. Each wallet will receive roughly 8 USD worth of KNC. Some further elaborations below.

To be eligible, ZKyber users must have completed the following before the deadline of 31 Jan, 2022, 11.59pm GMT+8.

On ZKyber

On Ropsten testnet, complete at least 2/3 of the following:

1. Swap Tokens

2. Add or Remove Liquidity

3. Deposit tokens from Ropsten testnet L1 to ZKyber L2

AND

On KyberSwap

On ANY mainnet chain/network KyberSwap supports (Ethereum, Polygon, BSC, Avalanche, Fantom, Cronos) make at least 1 trade or add any liquidity before the deadline.

How to claim

Claiming will be done on the Polygon network on KyberSwap instead of Ethereum as it has cheaper gas costs. Most users who participated in ZKyber also conducted transactions on Polygon.

1. Visit KyberSwap and connect your wallet. This has to be the wallet you used to fulfill the ZKyber campaign criteria

2. Switch your network to Polygon

3. Click on the menu option at the top right and then click the ‘Claim Rewards’ button

4. In the dialog that opens, you will see the KNC reward amount you are eligible to claim

5. Click the ‘Claim’ button

6. You have 6 months to claim your KNC rewards on KyberSwap Polygon

Note: You will need some MATIC tokens in your wallet to pay for gas before you can claim the KNC rewards

ZKyber On-chain Statistics

Number of Swap Transactions : 17,337

Number of Add Liquidity Transactions: 13,338

Number of Remove Liquidity Transactions: 9,149

Total ETH distributed through our faucet: 37.8 ETH

Total ETH deposited from L1 to L2: 19,726 ETH

Total ETH withdrawn from L2 to L1: 88 ETH

Number of Wallet Addresses used in the testing: 15,547

Other Statistics

Number of Feedback Responses — 2590 Responses

Total Page Views — 450,000+ Page Views

Number of Users by Country (Top 3):

India — 4,374 Users

Taiwan — 3594 Users

Indonesia — 3,021 Users

Scaling Ethereum Together

ZKyber is a product of Kyber’s research and development initiatives and our way of giving back to the Ethereum community and we hope that it helps expedite the progress of L2 scaling research, especially in the field of ZK-Rollups. We welcome all Ethereum researchers and developers to reach out to learn more about how they can use ZKyber and work with us to advance the DeFi space together.

About Kyber Network

Kyber Network is delivering a sustainable liquidity infrastructure for DeFi. As a liquidity hub, Kyber connects liquidity from various protocols and sources to provide the best token rates to Dapps, aggregators, DeFi platforms, and traders.

Through Kyber, anyone can provide or access liquidity, and developers can build innovative applications, including token swap services, decentralized payments, and financial Dapps — helping to build a world where any token is usable anywhere. Kyber is powering more than 100 integrated projects and has facilitated over US$8 billion worth of transactions for thousands of users since its inception.

KyberSwap, the latest protocol in the liquidity hub, provides the best rates for traders and maximizes returns for liquidity providers.