Project Development
Bytom grant project — Hashed TimeLock Contract(HTLC) has been completed
On February 7th, Meheret, our community developer from Ethiopia, has successfully completed the Hashed Timelocked Contract (HTLC) Swap project on Bytom. This project supports the atomic swap of assets among Bitcoin blockchain, Bytom main chain, and the Bytom side chain. This Project Swap has been received a Bytom Grant of 10,000 US dollars.
Open source code: https://github.com/movnetwork/swap
Application entry: http://swap-web.herokuapp.com/dashboard/bitcoin?tab=claim
The new MOV DeFi portal has been released
On February 9, the new MOV DeFi portal has been released. The entrance of MOV products has been added. Users can experience the functions of MagnEx, SuperTx, FlashSwap, lending, cross-chain and data center through the new MOV DeFi portal.
For more details, click here: https://mov.network/en/
Dev Report
Major technical progress
- The MOV DeFi portal has been updated
Lending protocol
1. Developing lending data flow module;
2. Add the data of total deposit income and income in each token;
3. The entrusted signature of the joint debugging lending;
4. Lending BApp, debug the maximum amount of lending is calculated according to the collateral;
5. The accuracy of Lending BApp assets is unified as 8 bits, balance component, amount display component adjusted, redux state precision and related state are unified.
OFMF
Develop and test ERC20 token recharge function.
Equity 2.0
1. swap contract use case bugfix and transaction use case are constructed for vm verification;
2. vm conduct the transaction process debug.
Web related
Kline performance optimized
MOV platform data
In the past seven days, the number of transactions on MOV reached 1,398,770, the number of active addresses reached 5,956, and the transaction volume reached $24,802,301.22.
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 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.
2, SuperTx governance proposal status update
SuperTx governance has been opened. There are currently 20 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, and listing ZEC and ZEN, Let SUP Popularized to capture value, these proposals have been voted by the community;
Click to view the details of superconducting community governance: https://supertx.bymov.io/gov/
