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⚔️ xDai Weekly Recap - 11/12/2020

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This week we continued our work testing public POSDAO and celebrated 1 Trillion (12 zeroes!) total gas consumption on xDai. Several projects announced new features now available for xDai users.

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Note that we will be on a holiday schedule and will skip several weekly updates at the end of the month.

⛽ 1,000,000,000,000+ Gas Consumption Milestone​

The xDai chain hit over 1 Trillion total gas consumed since network inception! This number has grown steadily over time starting with events like EthDenver and the Splunk Conference with massive recent spikes due to applications like Dark Forest and Circles UBI leveraging xDai to support resource-intensive apps.

https://twitter.com/xdaichain/status/1335992610209587205

:man_gesturing_no: POSDAO Testing and Tutorials​

We are continuing to test our protocol and create short videos for users as public POSDAO gets closer to launch. See the Staking Operations Section for tutorials on delegator staking, withdrawing, claiming and moving STAKE.

Order & Claim a Withdrawal​

Move Delegated STAKE​

📜 Proposal to add STAKE as a DAI collateral type​

All xDai users are essentially Dai users, as all xDai is bridged from Dai. The application to add STAKE as a Dai collateral type, giving the STAKE governance and security token additional supportive functionality within the ecosystem. The application below provides a succinct overview of xDai along with many resources for further exploration.

https://forum.makerdao.com/t/stake-mip6-collateral-onboarding-application/5551

🦋 Project Updates​

Gnosis Custom Market Maker App​

The launch includes a tutorial and incentives for users, including GNO and USD! Check out the full thread and the post to learn more and participate!

https://twitter.com/c3rnst/status/1337404464400113666

Colony to Launch on Ethereum and xDai​

Colony is a powerful, practical, flexible, and easy to use DAO framework, and it will be deployed on Ethereum and xDai! Read more about the protocol here, launch details to come.

https://medium.com/colony/re-introducing-colony-4ea2a2c5c546

DappQuery UI builder​

Users can upload xDai smart contracts and visualize different metrics with the new UI Builder.

https://twitter.com/teamdappquery/status/1334490067587493888

GitCoin GR8 Funding Round and Hackathon​

Support projects building on xDai or apply to hack on xDai and be eligible for a healthy bounty! GR8 ends in 6 days, check it out or apply now. Community engagement is key for the continued growth and success of the xDai Chain!