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⚔️ xDai Weekly Recap - 02/07/2021

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POSDAO & Protocol Updates

success

The protocol is currently in Epoch 63.
****
****There are 17 validator pools with 345 delegators( ⬆️ 5% from previous week) **** staking a total of 657,860 STAKE ( ⬆️ 2% from previous week).

High pool APY is currently 18.4%, low is 11.3% (stats as of 25/06/2021 15:00 UTC).

Protocol News

:heavy_check_mark: POSDAO Audit Completed

An audit of the POSDAO protocol was completed by the Chain Security team. The final report is now available here. Look for updates to the xDai Staking Protocol (lowered validator minimums) coming soon!

https://chainsecurity.com/security-audit/poa-network-posdao/

:man_raising_hand: BootNode Validator Snapshot vote

The BootNode team added a forum proposal to become a validator on xDai last week, and the proposal is now up for a vote on Snapshot. The community can vote with STAKE on Ethereum or STAKE on xDai. The vote ends on July 4 🎇

🦋 Project Updates

Curve comes to xDai!

https://twitter.com/CurveFinance/status/1410505442426490883

HOPR trading on xDai directly with Ascendex

https://twitter.com/hoprnet/status/1410590546167488512

Dark Forest Round 2 Begins

https://twitter.com/darkforest_eth/status/1409688065497501698

Hedgey Financial Derivatives Protocol Launch

https://twitter.com/hedgeyfinance/status/1410644723543511040

Pillar Wallet Support

https://twitter.com/pillarwallet/status/1409909911161643008

YFX Trading Competition

https://yfxdefi.medium.com/yfx-com-xdai-layer2-deposit-on-eth-xdai-to-get-bonus-perpetual-contract-trading-competition-d07d4e41a809

Swarm and xDai Article

https://medium.com/ethereum-swarm/swarm-and-xdai-a-match-made-in-crypto-ee84a8205acb

Omen EURO Prediction Markets

https://twitter.com/Omen_eth/status/1410632130632290316

DxDAO Farming Campaign

https://twitter.com/DXdao_/status/1409604004372312067