IOST Bi-Weekly Report is a publication to share IOST’s latest community development, global market expansion, and ecosystem developments with the IOST community.
The IOST Foundation thanks our community for your continued support. Your advice is welcomed and valued here.
A. Technical Development
[Development]
Release of the new version of mainnet Olympus v3.4.0.
[Operation and maintenance]
- Assistance for some nodes to troubleshoot starting issues.
- Assistance some DApp developers to implement advanced features
- Research about the technical direction of the next-generation public chains
B. Community Growth & Mainnet Statistics
C. Ecosystem Development
1. IOST selected as the top three “Blockchain KOL Public Trusted Organization List” by the blockchain media Odaily Planet Daily
2. IOST Partners Korea’s Blocery to Revolutionize Agricultural Products Distribution
IOST plans to secure real-life use cases by securing high-quality Dapps as the IOST ecosystem through a partnership with Blocery. Through collaboration with IOST, Blocery aims to grow into a global project by leveraging the overseas network of IOST. To celebrate this, Blocery team will be holding an event that returns up to 99% of the payment amount as a reward at the agricultural products shopping mall operated by EzFarm.
3. Pumpkin has completed another round of token burn
In order to boost the PPT development healthiness, the pumpkin team launched a burn plan for the 5% PPT tokens owned by the Pumking team.
- Total amount burned this cycle: 86.68 PPT
- Team mainnet account: dmk6andhjmx
- Transaction Hash: https://www.iostabc.com/tx/8kgG4nT6NSwzQ9KJyPvZecVyxBLofUffAt2fqmLxbk3W
4. IOST 2020 Q3 contribution rewards distribution was completed
The contribution rewards of IOST partner nodes and voters in Q3 2020 have been finally completely distributed on November 20! The 12 tier one partner nodes and their voters will receive a total of over 1.65 million IOST contribution rewards.
The contribution reward rules have been adjusted and, starting Q4, nodes will follow a different procedure, with 2 main changes: the contribution rewards breakdown and the assessment process.
The IOST Node Partner Starlight Program is officially live and was implemented starting from Q4 2020.
More information here.
5. IOST Partnership update: RAMP voting node on IOST is now live ahead of Phase 1 integration.
Partnership Recap
- In August, RAMP DEFI announced our partnership with IOST for stake farming and cross-chain liquidity unlocking.
- RAMP DEFI focuses on unlocking liquid capital from staked digital assets, allowing IOST users to “recycle” staked capital without giving up their staking rewards or capital appreciation potential. IOST users also earn RAMP tokens in the process.
- Using RAMP smart contracts, users collateralize their staked IOST into a native stablecoin, iostUSD, on the IOST network. Users then exchange the iostUSD for rUSD on Ethereum, which can, in turn, be exchanged for fiat-equivalent stablecoins such as USDT or USDC to invest in new opportunities.
Just in case you missed it, the IOST team wishes you a happy thanksgiving day!
Join The IOST Community!
Supported by Sequoia, Matrix, ZhenFund, and other major investors, IOST is an enterprise-level blockchain platform developed for online service providers.
The IOST project team is currently mainly composed of R&D personnel focusing on blockchain distributed technology. The team is formed by blockchain industry experts who have graduated from world top universities such as Princeton, Stanford, MIT, Tsinghua University, and Beijing University, and have more than three years of blockchain-related research experience.
With a one-year-old mainnet, IOST has swiftly risen to become a world-leading public chain renowned for its numerous government collaborations and enterprise partnerships around the world. IOST is one of the Big Four public chains with a rich user base and real applicability alongside Ethereum, EOS, and TRON. 500,000 community members, over 20 countries worldwide, and over 400 nodes, top staking economy, and growing.
IOST’s Node Program is widely praised as the globally leading staking program by numerous blockchain research institutions with attractive returns, low risk, and ease of use are some of the key program highlights. To learn more and participate in one of the world’s top staking program, please visit:
https://www.iostabc.com/producers
If you would like to hang out with the IOST community on chat, social media or to discuss product development, we have something for everyone:
- International English Telegram Group: https://t.me/officialios
- IOST Announcement Channel: https://t.me/iost_announcements
- IOST Official Twitter: https://twitter.com/IOST_Official
- IOST CTO Terry Wang Twitter: https://twitter.com/terrence_iost
- IOST CEO Jimmy Zhong Twitter: https://twitter.com/jimmyzhong_iost
- Slack Developer Community: https://invite.iost.io
- Uptrennd: https://www.uptrennd.com/iost
- Facebook Page: https://www.facebook.com/IOSTofficial/
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