Bytom
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Bytom

Bytom Weekly Report (2021. 1.4–2021.1.8)

Project Development

At 2:00 (UTC), January 4, 2021, the first phase of MAG mining is officially released, with a total of 100,000 MAG released. The data related to MagnEx has been greatly improved this week. The highest 24h MagnEx pending order volume reached 145,427,213.15 U.S. dollars, with a daily trading volume of 1,027,087.19 dollars.

The first phase of MAG mining time is from January 4, 2021, to February 3, 2021, lasting one month.

SuperTx governance proposal “ZEC and ZTC listing on SuperTx” has been passed the vote.

We will start to plan and work on related development.

https://supertx.bymov.io/gov/detail/668e7da9-606c-416e-97c1-7e00de8b81bb

In order to improve the MagnEx mining experience, and ensure the fairness of MagnEx mining. MOV Team has made two adjustments to avoid dusting attack.

1, Increase minimum trading amount

2, Add floating charges on placing orders (the fee will be charged by actual cases, please leave enough BTM as fee)

Each minimum trading amount of each trading pair:

Dev Report

1. MagnEx mining Language switch User Interface to adapt with Bycoin;

2. Lending User interface adding new components;

3. The API business of each independent service of lending is basically completed;

4. The interface docking between borrowing and depositing coins is basically completed;

5. The relevant interfaces for liquidation and auction are not connected yet;

6. Fixed the problem of the lending and deposit module feedback from the test;

7. Modify a small number of abnormal order status of user_order;

8. Added the monitoring of the price of pending orders for all trading pairs to prevent unexpected situations;

9. Statistics related to SuperTx data during MagnEx mining activities;

10. “Blockcenter Updater” deletes unconfirmed transaction BUG;

11. Set upper limit of Blockcenter paging is 100;

12. Complete the test cases related to auction settlement;

13. Modify the auction API interface;

14. Develop a plan for SuperTx fee discount and Open listing feature;

15. Write the code for partial discounts on fees;

16. The data center adds SUP daily cross-chain statistics;

17. Blockchain explorer adding MAG asset display weight adjustment;

MOV platform data

In the past 7 days, the number of transactions on the MOV reached 1,893,502 the number of active addresses reached 8,461, and the transaction amount reached $24,555,711.08.

Activity

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 with 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 a 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.

SuperTx governance has been opened. There are currently 18 proposals in the community, including Litecoin trading pair released, Shortened review voting time, Proposal to open SuperTx listing rights, Reduction of SuperTx transaction fees for SUP holders, Listing Polkadot in MOV, The proposal has been voted by the community;

New proposal List ZEC or ZEN on SuperTx protocol has been approved.

Click to view the details of superconducting community governance:
https://supertx.bymov.io/gov/

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