Taraxa Progress Update: October, 2024
2 min readNov 6, 2024
State of the network as of November 5, 2024:
- 2.135 billion TARA staked and delegated
- 66 active consensus nodes on the Mainnet
- 1,880 active consensus nodes on the Testnet
- 14,414 unique wallet addresses on the Mainnet
Ecosystem Highlights:
- Builders in the Taraxa ecosystem is rolling out quite the DeFi lineup for 2024 and beyond, with liquid staking, synthetic stables, DEX, and more!
- Taraxa’s Social AI ecosystem expands to welcome Flagship, a leading Telegram mini-app in crypto prediction games, is integrating with trendMoon, one of the first Social AI projects built on Taraxa.
- taraSwap, a modern v3 DEX with composite incentives, released their whitepaper and Telegram group in preparation for the upcoming 2024 launch.
- The Cornus Upgrade has been deployed on Taraxa’s testnet This upgrade will enable liquid staking so protocols such as LARA could bring 1-click staking, liquid staking assets, automated compounding, and more.
- In October, the Taraxa community got together, leveraging the Ficus Root Bridge, and created a USDT/TARA Uniswap pool, which has made it onto Dexscreener, Coinmarketcap, and Coingecko — go Taraxa community!!
🪁 Keeping up with the latest in Taraxa
Stay tuned! 🪁
