August technical developments, online activities, governance review and monthly data statistics. Includes the progress of the DeFi Technology Roadmap, community project results and more.
Technical Details
Nebulas Foundation Unveils Second-Half DeFi Technology Roadmap!
DeFi products include:
- Link.nextDAO — Cross-chain assets: Supports Ethereum assets.
- Swap.nextDAO — Decentralized instant trading: Provides automatic market making and liquidity, allowing for free creation of trading pairs.
- Market.nextDAO — decentralized lending: Lend assets while having them remain in the hands of the owner; decentralized pools of funds to avoid security risks associated with smart contract assets.
- DeFi APP — NAS nano Pro: Upgrade app to support the DeFi ecosystem.
- PoD: on-chain governance update
Roadmap release: https://medium.com/nebulasio/nebulas-development-roadmap-for-the-second-half-of-2020-4e91f09accfe
Mainnet Network and Data
PoD consensus mechanism:
- node penalty alert update
- node voting information update
Nebulas Network API Update:
- NAS Distribution Data Update
- Add Online trigger Report
- Event Query API
Learn more about the new API tools at: https://wiki.nebulas.io/en/latest/go-nebulas/data-center/api.html
Products Development Status
Swap.nextDAO decentralized trading research and development:
This month’s development includes:
- Decentralized exchange with Uniswap features.
- Provides fast token swaps.
- The invention provides a flash-forward transfer function, which allows the user to send the exchanged token directly to the specified address within the same TX after the token is traded.
- Automatic market-making models that allow users to deposit money to provide liquidity.
Currencies such as NAS, nUSD, NAX are supported:
- contract writing
- front-end implementation
Follow-up plan implementation:
- Allows users to create transaction pairs freely and add new tokens.
- Swap’s data panel and back end.
Link.nextDAO cross-linked asset research and development:
This month’s development includes:
- Asset Cross-Chain Solution, Introducing assets like USDT into Nebulas ecosystem
- Nebulas Stable Coin Solution
Currently, only the conversion between USDT and nUSDT is supported. Specifically:
- Contract writing
- Back-end data preparation such as pricing
- Link related API updates
- Establishment of Service Related to Taifang
- Front-end implementation
- Interface UI design
Cloud Chrome plug-in NASExt upgrade:
- Support for DeFi project authorization
The subsequent plan is matched with the nextDAO related DeFi project for the necessary availability upgrades and interface UI adjustments.
Additional product updates
Web Wallet:
- Supports offline NAX node voting
Neb.js support:
- Mobile calls Defi product updates
- Publishing automation
Nebulas Explorer Browser Data Update:
- NAX Total Market Value Update
- NAS Distribution Chart Data Update
- New Chinese, Community Project, by only4sim; NP276:https://go.nebulas.io/project/276
- Events display optimization
Go.nebulas Update:
- Adjust API data docking according to data center
- Front-end framework upgrade
- Optimization platform loading speed
- Update administrator permissions function
- Fix the login registration bug
Nebulas Telegram bot to go online (community project):
Developed by Everstake, NP299: https://go.nebulas.io/project/299, robot address: https://t.me/nebulasbot
After technical committee testing, community testing, and governance node voting, it is officially online and features include:
- Add address
- Add more than one cloud main network address
- Custom address alias
- Query address balance and equivalent USD, support NAS and NAX
- NAX node voting
- Monitoring
- The Telegram alert push can be sent automatically when the address transaction transfers, votes, and other behaviors are on the chain
Documents and information
nebulas.io:
- New Russian translation; community Project by Ruslan_Gataullin, NP290: https://go.nebulas.io/project/290
- General Information Update: Technical Committee Member List, Roadmap Information, News, Multilingual NAX White Paper
New NAX White Paper Version:
- New Russian translation; community Project by Ruslan_Gataullin, NP:https://go.nebulas.io/project/290
API data center English and Chinese documents are all online:
- Primary Network API Query: https://data.nebulas.io/{Interface Name}
- Visit Cloud wiki to view API documentation Chinese: https://wiki.nebulas.io/en/latest/go-nebulas/data-center/api.html
At present, the cloud data center provides the following query API interface:
- Data on the blockchain, such as block information, trading, token, etc.
- NAS and NAX related data such as price, distribution history, etc.
- Mainnet network data statistics
- Node-related statistics, such as node voting, node income (forthcoming)
Online activities and governance
7.28–8.2 End of 4th Primary Network PoD Governance Vote
- Fifty-one governance nodes (50 completed votes) voted on 17 proposals and 6 projects to test. In the end, 10 proposals were voted on and all 6 tested items were approved. Details: https://medium.com/nebulasio/the-fourth-pod-governance-cycle-has-ended-aa87fb4bd084
8.13 Chinese Node Meeting: DeFi Layout Roadmap Launch
8.27 ~ 8.31 End of 5th Primary Network PoD Governance Vote
- Fifty-one governance nodes (50 completed votes) voted on 19 proposals and 4 projects to test. In the end, eight proposals were voted on and the projects were established and all four reviewed projects were approved. Details: https://medium.com/nebulasio/the-fifth-pod-governance-cycle-has-ended-797c1f72225a
Monthly data
node platform node.nebulas
- Average annualized rate of return: 58.63%
- Total distributed NAS Incentive: 1,098,849.14 NAS
- Total Nodes: 70
- Total NAX delegated: 589,951,478 NAX (total NAX: 42.44%)
Community collaboration platform Go.nebulas
- 268 projects
- 292 proposals
- August awards to communities: 18,737.9 NAS
- Total awards to communities since launch: 221,754.99 NAS
Decentralized Pledge dStaking
- Generated NAX: 1,383,363,951.08 NAX
- NAS dStaking Pledge: 28,292,596.66 NAS (46.58% of NAS)
This data was calculated on September 7th, 2020.
Learn more about Nebulas:
Official website: Nebulas.io
Node Platform: node.nebulas.io
Smart asset platform nextDAO: nextDAO.io
Github: github.com/nebulasio/go-nebulas
New Telegram(EN): t.me/nebulasen
Telegram Node Operating Group: t.me/nasnode
Community Forum: community.nebulas.io
Twitter: @nebulasio
Instagram: nebulasio
Facebook: @nebulasproject
