IRISnet Monthly Update
2022.07 — Technology & Ecosystem & Community Recap
🌈IRISgardians,
Here’s the wrap of July! Some highlights📸👇
IOBScan-IBC cross-chain explorer v0.4 has been released with all IBC-related data in greater details.
Single-day transaction volume of the Cosmos/IRISnet tech-based WenChang Chain surpassed Ethereum by 41%! Embrace the Internet of Values!
The new IOV/IRIS liquidity & farming pools went live on Coinswap.market! Enjoy farming with extra IRIS incentives! Also you may stand a chance of getting additional $IOV rewards through the Liquidity Contribution Event. Learn and join here.
⭐Technical Updates⭐
IOBScan-IBC
1. Released v0.4
• Delivered all main features with new pages of Tokens, Chains, Channels, and Relayers
• Improved interaction logics
• Created the Relayer Register repo for collecting relayers info and showcase on the Relayer page
2. Developing v0.4.5
• Added End Time info on the Transfers page
• Updated style in stage environment
• Other updates and optimizations for UX and logics
CoinSwap.Market
Released v0.7
• Supported $IOV
• Added IOV/IRIS liquidity and farming pools
⭐ Ecosystem Updates ⭐
IOBScan-IBC Cross-chain Explorer v0.4 was Released for Querying All IBC-related Data
On July 13, IOBScan-IBC cross-chain explorer v0.4 was released. Users can query all IBC-related data and info on it, to enjoy a smooth one-stop Interchain experience.
This new version delivered main features with Tokens, Chains, Channels, and Relayers. We sincerely invite all IBC Relayer Operators to make PRs to register info which will be migrated to the Relayers page, making your contributions to securing IBC assets visible and aware by the Interchain community.
As of writing, the IOBScan-IBC explorer has already supported 25 out of all IBC-enabled chains, and commits to cover the rest of the IBCgang through upcoming iterations.
Single-day Transaction Volume of the Cosmos Tech-based WenChang Chain Has Surpassed Ethereum by 41%!
On July 22, the single-day transaction volume of WenChang Chain surpassed Ethereum by 41%! This is a major milestone demonstrating WenChang Chain’s capacity in supporting real-world business models and their fiercely-increasing demand.
WenChang Chain is an open-permissioned product built by Bianjie with the IRITA framework and powered by Cosmos/IRISnet tech stacks. Up to now there’re over 800 distributed business applications and projects up and running on WenChang Chain.
📕Featured posts:
IRISnet Will Support the StaFiHub Mainnet as a Genesis Validator
On July 20, StaFiHub announced IRISnet as one of the genesis validators on its upcoming mainnet.
IRISnet will provide secure and reliable node services for StaFiHub network, and work closely with StaFiHub team for ecosystem growth.
IOV/IRIS Liquidity & Farming Pools Went Live on CoinSwap.market
On July 29, the $IOV asset and the corresponding IOV/IRIS Liquidity & Farming Pools were available on Coinswap.market, with a total of 540,000 additional IRIS incentives for farming!
Incentives are to be distributed over a 180-day period. Join and earn now!
⭐ Community Updates ⭐
The 16th Execution | Eco-development Funds Community Management Plan
In April 2021, the IRIS Foundation launched a new Ecosystem Development Program, which included the Eco-Development Funds Community Management Plan. The Foundation will undelegate about 300 million IRIS gradually, and then transfer these assets into the Community Pool in batches.
As of writing, there are more than 190,000,000 IRIS in the Community Pool. By submitting on-chain governance proposals, every community member can co-manage all assets in the pool for the purpose of enhancing the ecosystem.
The 16th execution of this plan has been completed: https://irishub.iobscan.io/#/tx?txHash=6A60848D4D8A9BD990851C079E87B555C113BDBB5ED656CB95A463C368B5F636
Announcing Reward Event to Encourage Liquidity of New IOV/IRIS Pool!
A new round of IRISnet community events is coming to celebrate the activation of the new IOV/IRIS liquidity & farming pools!
We’re thrilled to have announced the first event for IOV/IRIS Liuiqidy Contributors!!
👉Contribute IOV/IRIS liquidity + Interact with us on Twitter (following the rules) = Chance to win $IOV rewards!👈
⏰Time: 8/2 11:00 AM — 8/16 02:00 AM (UTC)
Learn how to participate🔻
Governance Proposals #14 & #15 Have Passed!
The prior prop#14, submitted by Uptick Network to support IRISnet-resided IBC Tokens in Uptick Marketplace, has passed on July 4. The Uptick team is working to complete the integration of several IBC-enabled tokens into its marketplace by August.
The IRISnet’s prop#15 was submitted on July 22 to request IRIS from the Community Pool as incentives for the new IOV/IRIS farming pool on Coinswap.market, and successfully passed with 84.82% voting “YES”.
The incentives are now available. Join to earn!
Events
• On July 29, Harriet attended the panel hosted by BSN to share insights on how blockchain tech can help expand the map of distributed business applications and maximize real-world business values.
Content from the IRISnet Community
• StaFi Protocol mentioned IRISnet in its July Community Update.
• Gravity Bridge mentioned IRISnet in its Q3 Updates.
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