Bytom Weekly Report (2020. 11. 30–12. 4)

BytomDAO
BytomDAO
Published in
3 min readDec 4, 2020

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Project Development

SUP SuperTx community Governance Proposal Status Update

The proposal to open SuperTx listing for new coins submitted from SUP community has been evaluated by the SuperTx development team. The proposal of open SuperTx listing for new coins submitted from SUP community involves many development works.

According to the workload, the implementation needs one month to develop.

Coin burn of SUP for November

To enable the deflation of SUP, 20% of the SuperTx protocol trade fee used to buyback and coinburn of SUP. This is the Fourth buyback and coin burn of SUP.
More details: https://link.medium.com/wXdc2dkhWbb

Bytom Foundation has completed the Seventh coin burn

Bytom Foundation has completed the Seventh coin burn, using 20% of the trading fees from MOV MagnEx and flashSwap to buy back and coin burn of $BTM.
According to MOV data center statistics (https://mov.blockmeta.com/), the trading fee for each coin in October are:
781,160.86 BTM, 3.10 ETH, 0.066 BTC, 799.03USDT, 7.77SUP
As a result 20% trading fees are:
156,232.17 BTM, 0.01BTC, 0.62 ETH, 159.81 USDT, 1.55 SUP
converted according to market prices, a total of 169,998.15 BTM should be burned this month.

More details: https://link.medium.com/vEfKKoqFWbb
Coin burn transaction ID: https://blockmeta.com/tx/f43a0df019f653c92be5278d583b9e9ebeebbbf61a6f583bbd268ea72270617e

Dev Report

MOV

1. The API service of OFMF (crosschain gateway)query service supports the verification function of whitelisted IP addresses;

2. Complete the API interface development of the multi-chain derived address cross-address of OFMF(crosschain gateway) query service;

3. Optimization after OFMF(crosschain gateway) query service code review;

4. Blockmeta locates and repairs the server kill process caused by the increasing number of TCP connections;

5. SUP governance BApp mobile version (governance homepage, proposal list page, initiated proposal, proposal details, voting page) mobile version UI adaptation, Bycoin adaptation;

6. SuperTx exchange and wealth management UI update, and the pop-up window of exchange and wealth management operations adapts to the mobile version;

7. Adjusted and modifiedthe details of UI 2.0,;

8. Staking voting branch code compilation;

Bycoin

1. Fix some bugs, including multi-signature display problems and multi-signature submission problems;
2. Add SuperTx transaction pair cache;

MOV platform data

In the past 7 days, the number of transactions on the MOV reached 782,289 the number of active addresses reached 6,804, and the transaction amount reached $12,513,924.05

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.

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