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⚔️ xDai Weekly Recap - 29/05/2020

· 3 min read
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🔓 Distributions

✅ Private investors receive 10% STAKE release and ongoing daily distributions begin

Initial investors hold a total of 1,970,951 STAKE tokens. On May 27, 10% of this amount was released (~ 197,095). Each day for the next 224 days an additional 5,719.20 tokens will be released to private investors. Investors must actively claim amounts in order to receive them.

See unlock dates and circulating supply for more details on upcoming releases (next % release scheduled for July 22, 2020)

Private Investors release schedule

DatePercentageTypeRounded Amount
29.04.202025%1 time492,738
27.05.2020 ~ 13:02:59 UTC10%1 time197,095
28.05.2020 - 06.01.202165%Daily5,719.2 (per day)

📡 Listings

TokenInsight Rating Added to CoinMarketCap

Listing: https://coinmarketcap.com/currencies/xdai/

Note that **** some values on the CMC listing remain in “?” status. This will shift as data is verified and reporting accuracy confirmed. To get the current circulating supply, see https://supply.xdaichain.com/

https://twitter.com/xdaichain/status/1265360044910088193

STAKE added to DeFi Pulse Token List

The Token List is an accurate directory of authentic tokens on Ethereum. Integrating The Token List into an app gives users confidence that they're interacting with the token they intend to.

https://twitter.com/defipulse/status/1264270756780937217

✅ :tada:BitMax Pre-Staking StakeVault nears 600 participants

Since its inception, more participants have tried the pre-staking program every day! See the details on the Pre-Staking Program page.

Follow the latest stats on Bitmax Twitter - https://twitter.com/BitMax_Official

📰 Media

✅ AMA with BlockTalks

The team answered questions from Twitter, ran a quiz for participants, then answered live questions. See the full transcript:

https://medium.com/@BlockTalks/blocktalks-x-xdai-ama-transcript-f8b641535894

✅ xDai Energy Efficiency Article

We released an article with data from lab10 Collective which shows just how energy efficient xDai is. For a quick comparison, Bitcoin uses the equivalent energy of 5,250,408 US Households, Ethereum 721,223 US Households, and xDai 2.1 US Households!

✅ YellowBlock Video

The YellowBlock team continues to support xDai and STAKE. This video provides a simple explanation of the 2 Token Model.

https://twitter.com/TeddyCleps/status/1265671262606508032

🏢 Development

✅ xDai POSDAO on OpenEthereum

As we move towards public POSDAO, xDai is already functioning in a PoS context written in Solidity. https://github.com/poanetwork/posdao-contracts. Starting from v3.0.0, the OpenEthereum client supports all POSDAO features https://github.com/openethereum/openethereum. 3.0.0 has been released for several weeks, and POSDAO is functioning as expected, including random number generation, malicious reporting, and transactional consensus with the current validator set.