Bytom Weekly Report (2020. 10. 5–10. 9)

BytomDAO
BytomDAO
Published in
3 min readOct 9, 2020

Project Development

1, Fifth Coin burn of BTM

Bytom Foundation has completed the Fifth coin burn in 2020. 199849.74 BTM equal to 20% of #MOV’s one-month trading fee profit of September has been burned.

Coin burn details: https://blockmeta.com/tx/2921490aebafa1e51b925813c977461ded51a546dcaf41f439ed2367d22009c3

2, Bytom added into Alibaba Cloud Marketplace

Bytom’s Mainchain (Bytom blockchain) and Sidechain (Vapor) all added into Alibaba Cloud Marketplace. Users can deploy Bytom’s mainchain and sidechain in one click.

Alibaba Cloud is the second cloud service company that supports Bytom after AWS.

3, SUP liquidity mining entered to the post-mining stage, Governance proposal opinion collection began

On October 3, according to the blockchain Blockmeta, all the mining stage of SUP has been ended, totally of one hundred thousand SUP tokens have been released ahead of schedule. It has now entered the fourth phase of the roadmap-the post-liquidity mining stage.

And the opinion collection of SUP governance proposal began please send your opinions in here: https://forms.gle/xFfEPoewpYXwca8U7

The plan of using SuperTx trading fee to buyback and coin burn of SUP plan will be changed from once a week to once a month, and SUP officially entered the era of deflation.

MOV platform data

In the past 7 days, the number of transactions on the MOV reached 599,135 the number of active addresses reached 10,664, and the transaction amount reached $15,582,488.93

More details: https://mov.blockmeta.com/

Activity

1, Join Bycoin partnership share permanent dividends

MOV, as the next generation decentralized cross-chain exchange protocol, after the continuous launch of the “cross-chain gift package” and “the first MOV on-chain trading competition” activities, the cross-in assets were nearly 5.71 million dollars, and the on-chain trading volume also increased linearly. In order to promote the further development of MOV’s ecology and share the revenue to community fans, Bytom officially launched the “Bycoin Partnership, Make the Future” Community Partner Program on May 11, 2020.

To thank the community users for their continuous support, the Bycoin team extends the partner program from limited time to permanent. From August 11, 2020, all partners will receive a permanent dividend equal to 10% of the trading fee, of which the first-level 8% of the fee and the second-level 2% of the trading fee. There is no deadline and no upper limit for dividends.

MOV SUP liquidity mining Debut, No pre-mining, no reservation, no private sale.

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