IOST Bi-Weekly Report | Binance Custody Listing, OKCoin Japan Event, ZUNA Burnt & More

Zhen
IOST
Published in
5 min readJun 29, 2022

The IOST Bi-Weekly Report shares IOST’s latest development, market expansion, and ecosystem developments with the IOST community.

From here, we would like to express our gratitude to our community for your positive outlook and long-term support. Your advice is welcomed and valued here.

A. Technical Development

[Development]

  • Optimization of the IOST SDK
  • Optimization of the IOST internal service
  • Research and development of the IOST cross-chain & EVM compatible solutions

[Operation and maintenance]

  • Helped nodes with issues to upgrade to the new version of IOST mainnet
  • Helped nodes with issues connecting to the new version of IOST mainnet

B. Community Growth & Mainnet Statistics

Disclaimer: Third-party developers develop all IOST DApps. The information provided here does not constitute any investment advice. All content provided here is intended for education only. IOST bears no responsibility or liability for any loss that users may experience. Please get in touch with the DApp team directly for any questions.

C. Ecosystem Development

Binance Custody now supports deposits and withdrawals for IOST.

On June 14, 2022, Binance Custody announced official support for deposits and withdrawals for IOST, among other tokens. With this, IOST joins the exclusive list of supported tokens in the secure, regulated, and insured custody service for institutional clients.

BlockchainReporter Partners with IOST, an Ultra-Fast Smart Contracting Platform

BlockchainReporter has 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.

BlockchainReporter’s global and experienced journalists deliver daily up-to-date content, including exclusive one-to-one interviews, to keep readers abreast of the fast-moving crypto world developments.

The partnership with IOST is a deserving recognition of BlockchainReporter’s years of consistent and quality coverage of news events and high-profile projects in the multi-billion-dollar crypto sphere.

IOST and OKCoinJapan jointly hosted a Twitter event that will last until July 1.

Citadel.one offers IOST staking with up to 7.74% APR

500,000 ZUNA tokens burned through the use and consumption of Sumo-themed Functional NFTs

D. Nodes Ecosystem

IOST.BEST Node double rewards promotion from 16.01.2021 to 31.08.2022

IOST.BEST node completely distributes its reward, which it receives daily for the number of votes, given to the node, to all those who vote and hold their votes on IOST.BEST node. With this action, we want to thank all those who voted for us and make your life a little happier

Who can take part:

  • Users of the IOST network who voted for IOST.BEST node from 16.01.2021 to 31.08.2022
  • Network users who voted for IOST.BEST node before 16.01.2021

Calculation of the reward:

The reward is calculated on a daily basis. The calculation is based on the statistical data of our node, which are posted here in the column “Dividend Records”.

The reward is calculated on a daily basis. The calculation is based on the statistical data of our node, which are posted here in the column “Dividend Records”.

Citadel

  • Additional $XCT tokens on top of the IOST staking rewards.

From August 19, 2021, all the stakers at the citadel.one will get an additional $XCT tokens on top of the IOST staking rewards.

  • IOST News Digest

Metanyx

  • Passive Income on IOST

METX was the first token officially launched on the IOST Blockchain soon after the mainnet was launched in early 2019. METX is distributed to voters every day, and to receive METX. You simply have to vote for Metanyx

About IOST

High fees and slower transaction times on the Ethereum network have left the door open for new solutions to emerge, and IOST is one such project that has been gaining traction since its mainnet launch in 2019.

Backed by major financial and VC firms such as Sequoia, Matrix, and ZhenFund, IOST is a pioneering decentralized, high-throughput, gas-efficient Proof-of-Believability-powered smart contract platform built to tackle the scalability trilemma once and for all. For this, the concluding ranking from China’s CCID ranked IOST as the best blockchain platform under Basic Technology, better than Ethereum, EOS, and every other smart-contracting platform evaluated by the agency. This is a testament to the quality and ability to roll out a better, innovative product and reflects our genuine desire to be the best in the sphere.

Being one of the public chain leaders in terms of adoption, performance, and utility, IOST remains committed to our mission to unleash the power of blockchain. IOST currently has the ever-expanding 500,000 community members in over 20 countries, over 400 nodes, a top staking economy, and symbiotic relationships with corporations dotted worldwide.

If you would like to hang out with the IOST community on chat, social media, or discuss product development, we have something for everyone:

Telegram |Announcement | Twitter |Japan Twitter | Korea Twitter | CEO Twitter |Developer Community| Facebook |LinkedIn | Medium

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Zhen
IOST
Editor for

Senior Community manager, editor, and translator at IOST.