IOST Bi-Weekly Report | $USD 6 Million Fund to DeFi, Win in Japan’s Popular Coin Contest, NFT Event & More
IOST Bi-Weekly Report is a publication to share IOST’s latest community development, global market expansion, and ecosystem developments with the IOST community.
The IOST Foundation thanks our community for your continued support. Your advice is welcomed and valued here.
A. Technical Ecosystem
[Development]
- Analysis of the DeFi projects and the main future directions
- Support the community DeFi development team, answer questions, and determine the DeFi plan
- Fix some API stability issues
[Operation and maintenance]
Performed node’s technical communication for access and exit
B. Community Growth & Mainnet Statistics
C. Ecosystem Development
IOST DeFi Incentive Program 2.0–$USD 6 Million, All in DeFi!
The IOST Foundation takes another big step in launching a new incentive plan- the DeFi Incentive Program 2.0- an $USD 6 Million-Fund to give a further boost to the continuous innovation of DeFi on IOST. The total fund dedicated to IOST DeFi projects has increased to $USD 7 million now!
IOST Won the 1st Place in Popular Coin Voting in Japan Against Tezos, Ontology, Enjin, NEO & Qtum
In the popular coin voting event, from July 16 to August 16, 2020, organized by Huobi Japan/co-hosted by HashPort, IOST officially won the number 1 spot against 5 other popular blockchain projects Tezos, Ontology, Enjin, NEO & Qtum, all of which have active community members and talented developers in Japan. In the future, IOST will cooperate with HashPort incubator and Huobi Japan to actively promote IOST’s listing on Japanese exchanges, and in-depth cooperation in marketing, asset management, ecosystem co-construction, and technical cooperation. HashPort incubator and Huobi Japan will also help with the IOST compliance process in the Japanese market.
Allswap: New IOST DeFi Portal to be Launched Soon
Allswap- a public chain Swap product portal developed by the IOST partner node Lichang, is expected to be launched in Q3 2020. Swap products on the IOST public chain are under planning and Lichang will also provide services such as liquidity pools and decentralized transactions for the IOST DeFi Ecosystem.
Introducing Citadel- A New Non- Custodial Platform for IOST Holders: All New Features Not to Miss!
Citadel.one is a non-custodial Proof-of-Stake platform for the management and storage of crypto assets, developed by IOST Partner Node- Paradigm Fund.
This new platform offers a variety of interesting and useful features for IOST holders including a non-custodial wallet with ease of creation and access, one-seed, staking and multi-node delegation, hard wallet support, automatic iGas and iRam control, instant swap, on-chain governance voting and more.
IOST Strategic Investment and Partnership in RAMP DEFI
IOST, Alameda Research, ParaFi Capital, Arrington XRP Capital, Torchlight Ventures, Signum Capital, Blockwater, Ruby Capital, MW Partners, LayerX Capital, and MoonRock Capital have jointly invested in a decentralized financing project with RAMP DEFI (http://rampdefi.com). In addition to strategic investment, IOST has also reached in-depth cooperation with RAMP DEFI to jointly create a prosperous DeFi ecosystem. It is reported that RAMP DEFI pioneered the concept of TVU (Total Value Unlocked) to measure the liquid value unlocked in the DeFi ecosystem. Also, Ramp public offering will be conducted within 2 weeks.
IOST NFT 3rd Event- Get your “iDeFi” NFT Badge Now!
Following the success of the 2nd event in the IOST 2020 Year-Long NFT Event Series, the IOST foundation now launches the 3rd event “iDeFi” for you all.
Get ready to grab one of the “iDeFi” badges. Only 1000 iDeFi badges are available for 1000 IOST global fans. Are you one of them? Check out how to collect your NFT badge for free with the instructions below.
Event period: Aug 14, 2020 — Aug 30, 2020
IOST, BAL, REN, MKR, and JST Perpetual Swaps Will Go Live on Huobi Futures
On August 19, the Huobi platform officially launched IOST (IOST), BAL (Balancer), REN (Republic Protocol), MKR (Maker), and JST (JUST) and other DeFi ecosystem currency perpetual swaps.
ZWS oracle announces strategic investment from IOST Foundation
IOST has made a strategic investment in the Chinese-based company The Zeus Weather System (ZWS)- a social observation solution that uses blockchain technology to collect global distributed meteorological environmental data. ZWS has previously received investment from listed companies such as Youxuan Software (430208), Ance Capital, and Jiuding. IOST and ZWS Oracle will jointly cooperate in terms of blockchain technology research and development, as well as meteorological environment derivative finance.
ZWS oracle can provide timely and accurate external weather environment data for smart contracts. The oracle will be widely used in smart contract insurance related to the meteorological environment, smart contract for logistics trade, extreme weather warning, disaster reduction, and other scenarios.
Join The IOST Community!
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
- Reddit: https://www.reddit.com/r/IOStoken
- Facebook Page: https://www.facebook.com/IOSTofficial/
- Facebook Group: http://bit.ly/IOST-FB-Group
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