Digix Dev Update — 28th Aug 2018 — Carbon Vote, UX focus group, Bitfinex, Ethlend, Caspian talks

Carbon Vote 1 and 2 — summary progress

We kickstarted Carbon Votes 1 and 2 a few weeks ago.

Here is a summary of what the two Carbon Votes are about and the progress of both:

(1) Carbon Vote 1

Carbon Vote 1 (https://digix.global/carbonvote/1/#/) ends in approx. 4 days and determines 2 parameters for moderators in the DigixDAO governance platform:

  • Portion of the DGX rewards per quarter that go into the moderator rewards pool
  • Minimum amount of DGDs that moderators require to lock in.

These are the results so far, including the number of Votes and DGDs that have been counted:

Screenshot as of 28 Aug, 12.30pm Singapore time: current results

Following some request from the community, we have added custom HD wallet path for Carbon Vote 1.

(2) Carbon Vote 2

Carbon Vote 2 (https://digix.global/carbonvote/2/#/) ends in approx. 6 days. We opened Carbon Vote 2 with our request to release USD 20 MM from the DigixDAO Crowdsale Funds that we raised back in early 2016.

We first put up an initial proposal on Friday 17 August and looked out for the feedback and comments that came in from the community over the weekend. Since then, we had updated the proposal with new details, to the extent that we could reasonably provide these, and also added in clarificatory comments on our channels (Discord, Reddit, Medium).

So far, these are the results:

Screenshot as of 28 Aug, 12.40pm Singapore time: current results

The links relevant for background and information on Carbon Vote 2 are:

Do participate and vote in both Carbon Votes 1 and 2 if you haven’t done so!

Bitfinex and Ethfinex: DGX listed and available for trading against USD and ETH


Just a recap of our update last week, we are excited to have DGX gotten into the top 3 tokens of the latest Ethfinex Community Listing vote. DGX has been listed on both Ethfinex and Bitfinex, alongside Banyan Network (BBN) and Autonio (NIO).

More information can be found on Bitfinex. Head over to the exchanges at https://www.bitfinex.com/ and https://www.ethfinex.com/.

DGX listed on ETHLend for use as collateral on p2p lending platform

We earlier announced that ETHLend has listed DGX for use as collateral on its platform, which is a decentralised and secure Ethereum-based financial marketplace that enables lenders and borrowers to create p2p digital asset-backed loans.

In commemoration of Digix and ETHLend’s new partnership, DGX is currently featured as the Token of the Week during ETHLend’s ongoing HODL Challenge, from August 27 until September 3.

During this week, for each loan request created pledging DGX as collateral, users will be rewarded with 500 LEND tokens. The user with the most loan requests during the campaign period — who gets funded — will obtain the most LEND tokens and also receive two tickets to Web Summit in Lisbon, the largest tech conference in the world.

Do pledge DGX as collateral to obtain your LEND tokens and a chance to win the tickets!

Starting the Digix UX focus group

We have also started a UX focus group to bring together members of our community who are interested in working closely with us to help envision design for the DigixDAO governance platform that will make the user experience the best possible.

This will be a small group of approx. 10 users, and we will schedule Skype interviews with selected applicants over September and October, on a rolling basis.

If you are interested, please sign up here and more information can be read in our previous blast at https://medium.com/@Digix/new-digix-ux-focus-group-open-for-sign-ups-from-the-community-39d16d263e28.

An event this week in Singapore that Digix is organising

On Thursday 30 Aug this week, KC Chng (CEO) and Shaun Djie (COO) are organising with Kenetic Capital ( an event on the theme of institutionalising crypto assets and professional trading. The event is sponsored by Caspian, an asset management solution that provides a single interface into all major crypto exchanges with a sophisticated full suite of trading algorithms, real-time and historical P&L and exposure tracking and professional customer service.

There will be two panel sessions, each moderated by KC and Shaun, with panelists hailing from various renowned projects.

Do check this out for more information and to register: https://www.meetup.com/Ethereum-Singapore/events/253967796/

We are recruiting!

Last but not least, we are looking to expand and recruit more members into the team.

If you are interested in our project, believe in the mission of digital gold and asset tokenisation, do keep a lookout for details that will be shared in due course.

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We always appreciate feedback from the community on any angles, so do drop us a note or join our channels below: