With the joint support of node partners and users worldwide, the IOST team continued to make efforts towards the original intention of fulfilling mainnet upgrades, market expansion, the construction of its dapp ecosystem, multi-chain ecosystem, staking economy system, community activities, and more. With the aim of empowering IOST’s ecosystem and maintaining sustainable innovation and development, IOST has completed various outstanding achievements this first half of 2022.
Now, let’s review the progress of IOST in the first half of 2022 together!
New year, new roadmap!
On January 21, 2022, IOST announced the roadmap for the first half of 2022. IOST will continue to make efforts in mainnet progress, global market expansion, etc., and accelerate the layout in the fields of cross-chain ecology, DeFi, NFT, GameFi, Metaverse, and Web3!
Mainnet statistics
As of July 7, 2022, the data on the IOST blockchain explorer IOSTABC shows:
- the block height on-chain has reached 208 million;
- the number of transactions on-chain has exceeded 661 million;
- the number of accounts on-chain has exceeded 627,000;
- the number of deployed contracts on-chain is 1,305.
Infrastructure
On January 18, 2022, IOST officially released the iWallet v0.2.9 update
As the official Chrome extension wallet for desktops developed by IOST, iWallet plays an essential role in the IOST ecosystem. The IOST users can transfer and receive assets on the IOST chain through iWallet, purchase iGAS and iRAM, and log in to DApps on the IOST chain, such as the IOSTABC block explorer, Revival NFT platform, the DeFi protocol Donnie Finance, and more.
On March 7, 2022, IOST officially launched the on-chain token issuance Dapp — IOSTTOKEN!
IOSTTOKEN is an easy-to-use token issuance tool that makes it easy for developers and non-developers to launch their own tokens, build on-chain applications, enrich IOST’s ecosystem, and attract more users and funds to participate in the construction of the crypto world.
On April 18, 2022, IOST released the Olympus v3.8.0 mainnet update
On May 5, 2022, IOST announced the research and development of a native Decentralized Algorithmic Stablecoin
On June 7, 2022, IOST released the Olympus v3.8.4 incompatible mainnet upgrade
Market expansion
On January 10, 2022, Wirex announced support for IOST.
This helps users better realize the exchange between fiat currency and IOST and helps users use IOST in small daily transactions.
On March 31, 2022, FTX announced listing IOST perpetual contracts with the trading pair IOST-PERP.
On April 13, 2022, BingX listed IOST
On April 13, 2022, Bitget Japan listed IOST
On May 10, 2022, Bitpoint Japan listed IOST
On April 29, 2022, IOST announced a partnership with Meshswap
Meshswap is an AMM-based decentralized exchange protocol built on the Polygon network.
On May 4, 2022, IOST announced its strategic partnership with the Label Foundation
Label is one of the earliest pioneers committed to creating a sustainable music IP NFTs ecosystem for the top musicians (Grammy award-winning artists), protected by a distributed ledger.
On May 24, 2022, IOST was listed on GREEN LIST by the Japanese Crypto Association.
The “GREEN LIST” is provided by JVCEA, the Japan Virtual and Crypto Assets Exchange Association, and IOST is one of the only 18 coins that make it to this Green List out of 48 coins.
On May 27, 2022, XTexchange announced the listing of IOST.
On May 31, 2022, IOST announced a partnership & investment in Klaydice.
On June 1, 2022, IOST was listed on Huobi Japan as its 20th officially listed token, according to Huobi’s latest announcement.
IOST won the most popular coin in a Popular Coin Voting Contest by Huobi Japan against Against Tezos, Ontology, Enjin, NEO & Qtum, so shout out to our IOSTIANs for contributing to this listing announcement.
On June 9, 2022, IOST announced a strategic partnership with DeNet
With this partnership, DeNet aims to fully introduce the IOST platform and integrate its services into the IOST ecosystem to enhance the engagement of IOST Dapps and services
On June 14, 2022, Binance Custody announced official support for deposits and withdrawals for IOST
With this, IOST joins the exclusive list of supported tokens in the secure, regulated, and insured custody service to safeguard virtual assets services for institutional clients provided by Binance UAB, a Lithuanian-registered entity.
On June 22, 2022, IOST partnered BlockchainReporter
BlockchainReporter is a London-based independent crypto and blockchain news publication platform with a global audience, racking hundreds of thousand monthly. The crypto and blockchain news site adheres to strict journalistic practices to deliver credible news guided by accuracy, thorough fact-checking, objectivity, and diligence.
On June 28, 2022, Cointrade announced the listing of IOST.
Staking economy ecosystem
On January 26, 2022, OKCoin Japan launched the IOST Staking service, with an annualized interest rate of up to 8.88%.
On February 6, 2022, OKCoin Japan added an IOST staking service with a lock-up period of 15 days
OKCoin offered an annualized interest rate of 3.88% and optimized the lock-up period, which was 30 days.
On February 22, 2022, OKCoin Japan added the “Change Staking Plan” function.
The new staking function allows users to switch between their staking options without having to unvote. Users who want to change the Staking plan no longer need to cancel the original stake. Faster and Easier than before.
How to earn passive income with IOST
Dapps Ecosystem
On January 12, 2022, Yokozuna Finance and Donnie Finance announced an exciting partnership.
Yokozuna launched the DON_ZUNA liquidity pool, and Donnie Finance launched the ZUNA_HUSD liquidity pool.
On January 28, 2022, Yokozuna Finance’s total lock-up volume exceeded 5 million USD
With more than 125 million IOST staked less than two months since ZUNA’s official launch
On February 25, 2022, the fighting NFT platform Rizin FC (under construction) released an unboxing video and shared the latest development progress with community members.
On February 28, 2022, Yokozuna Finance’s platform token — ZUNA, was listed on the Hoo exchange.
On March 9, 2022, the first community governance proposal, “Double LP Vaults Base Points,” of Yokozuna Finance went live.
On March 17, 2022, Japanese web application developer Omochi announced that it would launch the NFT trading platform Tomonity on the IOST chain and opened a pre-registration channel.
On May 26, 2022, Yokozuna Finance launched sumo-themed Play 2 Earn NFTs and an Auction Marketplace on IOST.
In June 2022, Yokozuna Finance partnered with Dallas Sumo Club.
On June 20, 2022, Yokozuna Finance reached the 500,000 ZUNA burned milestone.
The ZUNA tokens were burned through the use and consumption of Sumo-themed Functional NFTs.
Multi-chain ecosystem
On March 31, 2022, IOST unveiled its Q1’s Secret Weapon — Project Entroverse.
To create a future where different blockchains no longer operate as close-off siloed but instead as an interconnected building block of a more extensive ecosystem, the IOST Foundation is thrilled to unveil a strategic launch of our Secret Weapon- Project Entroverse.
Project Entroverse gears towards capitalizing on the craze of Dapps on Ethereum and its network to ramp up the IOST ecosystem. This kick-off enables IOST to inch closer to becoming a compelling interoperable blockchain network.
On April 12, 2022, IOST unveiled a 100 Million dollar fund to foster the growth of the EVM Multi-Chain Ecosystem.
IOST Foundation, together with top venture capital institutions and ecosystem partners, is thrilled to launch a 100 Million Dollar Exclusive Incentive Fund for EVM developers, aiming to incubate next-gen all-star projects and propel exponential growth of IOST’s multi-chain ecosystem.
On April 22, 2022, the IOSTSWAP cross-chain protocol went live.
IOSTSwap addresses the congestion and inefficiency issue on Ethereum by allowing the users to participate in high-quality projects with more benefits and at a lower cost on the IOST blockchain. You can now transfer tokens between the two public chains and use $IOST to participate in many projects on the Ethereum network. The launch of IOSTSwap enables the IOST ecosystem to unlock new asset liquidity and reach out to a more extensive user base.
Community activities
On January 6, 2022, IOST Presented the RIZIN FC Digital Trading Cards Event at NFT WEEKS TOKYO
On January 17, 2022, Dr. Wada from EverSystem gave a lecture at Yamaguchi National University
On February 11, 2022, IOST hosted an NFT Giveaway: Here Comes Bing Dwen Dwen’s Meta Twins “IOST Dwen Dwen.”
On March 15, 2022, IOST co-hosted an event with Zodium on Discord
The event took place on the #Gaming-contest channel on Discord. The community played this time the “Scavenger Hunt & LOLBeans!”
On March 22, 2022, the IOST Japan team held a blockchain programming event
The participants of the events had a chance to learn how to use JavaScript to write IOST smart contracts
On April 2, 2022, LATOKEN hosted an IOST airdrop and buying contest.
In May 2022, Yokozuna Finance hosted an airdrop with free NFT to qualified users.
On May 19, 2022, Sigma announced an indirect IOST token burn via free account creation for the community.
The many achievements of IOST in the first half of 2022 were possible thanks to the continued strong support of partners and users worldwide. From here, we would like to thank our worldwide community and also praise the efforts of the IOST development and operation teams.
In the coming days, IOST will continue to improve and enrich the functions of the mainnet, launch more high-quality and easy-to-use on-chain infrastructure, and continuously update and iterate the mainnet version.
At the same time, IOST will further promote the development of our NFT, DeFi, Metaverse, Web3, and more areas of our complete ecosystem. The strategic planning and layout of cross-chain ecosystem and other areas will accelerate the crypto market's development in South Asia, Japan, and Europe. We will also cooperate with many high-quality partners to launch more exciting and on-chain applications.
About IOST
IOST is a go-to and efficient smart contracting platform that has rapidly risen to become a world-leading public chain renowned for its numerous government collaborations and enterprise partnerships around the world.
If you would like to hang out with the IOST community on chat, social media, or discuss product development, we have something for everyone:
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