Monthly Report — February 2021

Nebulas
Nebulasio
Published in
2 min readMar 15, 2021

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This report includes technical developments, online activity including governance and monthly data statistics. Includes DeFi technology roadmap progress, community project results and more…

Activities and governance

2/5/21 Nebulas Foundation financial report released

The financial report disclosure period: June 30, 2020 — December 31, 2020.
Click here to view the report

2/22/21–2/27/21 The 11th mainnet PoD governance voting ends

51 governance nodes (48 participating) voted on 4 proposals and 2 test items. All passed in the end.
Click here to view the details

Community incubation

King Kong Swap is a Nebulas Labs incubation project which is currently in the public beta on the OKExChain testnet, supporting multiple assets such as NAS.

King Kong Swap is a decentralized trading platform based on the AMM (automatic market-making) mechanism, which provides diversified asset exchange, liquidity mining and other services for the OKExChain ecosystem. The development was initiated by community developers. This project supports multi-asset exchange and liquidity mining such as OKT, OKB, KKT, NAS, etc.

Nebulas Lab participated in the establishment of OKExChain testnet nodes

When the OKExChain mainnet went live, Nebulas NOVA became one of the first community super nodes. This will help pave the way for the subsequent expansion of NAS to the OKExChain ecosystem.

https://www.oklink.com/okexchain/tx/8C48FC771714E7BC8D31E8BC5C31B9D1DA2FF80530A2D701A7E13A221BCC0BCF

Nebulas Lab builds The Graph Indexer

In addition to the data indexing of the global network, Nebulas will also expand the ecological cooperation of more emerging public chains, providing services in the direction of data middleware and OpenAPI to help developers use blockchain data conveniently.

  • Node name: nebulas-nova.eth
  • Node ID: 0xaa3b07b1251d7961baf3ce05b101b82bd0ebf8d5

https://network.thegraph.com/profile?id=0xaa3b07b1251d7961baf3ce05b101b82bd0ebf8d5

February statistics

Linked Asset Conversion via link.nextdao and decentralized asset swap.nextdao

  • nUSDT total supply: 97,941.742925 nUSDT
  • LP Pool value: 294,801.537 USDT
  • Annualized return on NAX-NAS pools: 45.46 %

Node platform node.nebulas.io

  • Average annual yield (ROI): 90.77 %
  • Total NAS incentives distributed: 2,353,744.13 NAS
  • Total number of nodes: 60
  • Current total NAX votes: 812,029,434 NAX (Accounting for 43.03% of total NAX)

Community collaboration platform Go.nebulas.io

  • 287 items
  • 346 proposals
  • Go.nebulas.io fund pool usage in February: 4,269.94 NAS

Decentralized Pledge dStaking

  • Generated NAX : 1,886,184,643.74 NAX
  • NAS dStaking pledge amount: 18,030,963.67 NAS (accounting for NAS circulation: 28.97% )

Statistics deadline: March 9, 2020

Nebulas welcomes community members to submit proposals on the community collaboration platform go.nebulas.io or join discussions via the forum.

Learn more about Nebulas:

Official website: Nebulas.io
Node Platform:
node.nebulas.io
Smart asset platform nextDAO:
nextDAO.io
Nebulas Wiki:
wiki.nebulas.io/en/latest/go-nebulas/README.html
Github:
github.com/nebulasio/go-nebulas

Community Groups:
Telegram(EN): t.me/nebulasen
Discord server:
discord.gg/dsxGkBk
Telegram Node Operating Group:
t.me/nasnode
Community Forum:
community.nebulas.io

Social Media:
Twitter:
@nebulasio
Instagram:
nebulasio
Facebook:
@nebulasproject

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Nebulas
Nebulasio

nebulas.io / Nebulas is a next generation public blockchain, aiming for a continuously improving ecosystem.