Monthly Report — October 2020

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

Technology developments

Products and Tools

Swap.nextDAO Research & Development:

Development and testing completed this month includes:

• Add liquidity development, allowing users to deposit funds to provide liquidity while supporting liquidity removal
• Contract Call Examples and Local Testing
• Contract Test Network Deployment Test
• Interoperable debugging with Link

In addition, the pledged LP was initiated for incentive development to cooperate with the Swap incentive scheme, including:

• Contract framework
• Interface design

Link.nextDAO Cross-Chain Asset Conversion Research & Development:

Development and testing completed this month, includes:

• Interoperable debugging with Swap

Nebulas Explorer Browser Update:

• Add interface with Link and Swap
• Bug repair: URL unchanged when switching from testnet/mainnet
• Support for the nUSDT asset

Nebulas Chrome Extension / Wallet NASExtWallet Upgrade:

This is a project supported by the Nebula Foundation, transformed from a bug reward, developed by community member Hex, and is has been released. More details about NP313: https://go.nebulas.io/project/313

The development contents included:

• Functionality: Increase notification alert when sending transactions
• The multilingual notification includes at least English, Chinese, and the Korean.

The new version 0.2.4 also supports the following new functions for Link.nextDAO and Swap.nextDAO:

1. Authorization approval

2. nUSDT asset display

Online activities and governance

Node Meeting: Seventeen members, including representatives of node operators, technical committee members, Nebulas Foundation members and founder Hitters Xu, participated in the discussion of two proposals pertaining to ecosystem incentives

• NIP564 — The Incentive Initiative for Swap.Nextdao
• NIP560 — Developer Incentive Protocol V2

Transcript of this meeting available at https://community.nebulas.io/d/800-chinese-node-meeting-on-oct-26-for-the-seventh-pod-governance-en-translation

Nebulas Visionaries: The Nebulas Visionaries held an online community meetup earlier this month discussing many topics relevant to the Nebulas ecosystem. View the meeting at https://www.youtube.com/watch?v=MsvlLJHtO5Y

For more information about Nebulas Visionaries, please visit https://node.nebulas.io/detail/AcceleratorAlpha

10.27 Crypto Hedge Fund NewBloc Compound Night, Round Table — Who’s the Public Chain with the Next Generation of Blockchain Apps
Guest: Hitters Xu, founder of Nebulas blockchain; James Wo, founder of DFG & ETC LLabs; Ciara, Vice President of Firecoin Group; Matrix CEO Tao Ou; New Bloc analyst Kang Kang.

10.26–10.30 End of 7th mainnet PoD governance vote
Fifty-one governance nodes (49 participants) voted on six proposals and one test project. In the end, four proposals and one test item were approved. Details available at: https://medium.com/nebulasio/the-seventh-pod-governance-cycle-has-ended-683b32dada6f

Monthly Data Recap

node platform node.nebulas

• Average annualized yield: 54.86%
• Total NAS Incentive Distributed: 1,484,497.41 NAS
• Total Nodes: 70
• Current Total NAX votes: 662,849,026 NAX (global percentage of NAX: 42.31%)

Community Collaboration Platform Go.nebulas

• Projects: 275
• Proposals: 315
• Go.nebulas fund used for October: 917.25 NAS

Decentralized Staking (dStaking)

• NAX generated:1,566,607,737.42
• NAS dStaking: 29,371,883.66 NAS (49.56% of global NAS)

Statistics Date: November 2, 2020

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