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⚔️ xDai Weekly Recap - 04/06/2021

· 2 min read
Archive Post

This post is more than one year old. The information may be outdated. Check the latest posts.

POSDAO Updates​

success

The protocol is currently in Epoch 59.
****
****There are 17 validator pools with 278 delegators - over 200 of them are unique - staking a total of 652,442 STAKE.

High pool APY is currently 28.88%, low is 5.5% (stats as of 04/06/2021 16:00 UTC).

New Validator Pool​

Another new validator pool onboarded to POSDAO, bringing the current total to 17 active pools.

Staking on xDai​

Over 650K STAKE is now protecting the protocol on xDai. In the past month (since May 4) the amount has increased from 558069 to 652442, a nearly 15% increase in STAKE protecting the protocol . Source: https://duneanalytics.com/maxaleks/xdai-staking

Transaction Fees Display​

Dune Analytics dashboards now include transaction fee metrics, including total transaction fees paid per day, per month, and per project/day. These help give insight into general usage trends as well as granular usage by project. Source: https://duneanalytics.com/maxaleks/xDai-Usage

🦋 Project Updates​

HoneyComb Farm​

High yield HoneyComb farms launched on the Honeyswap platform. Farming has already brought additional liquidity to the ecosystem, resulting in an ATH for Honeyswap.

https://twitter.com/Honeyswap/status/1400108191606743042

https://twitter.com/Honeyswap/status/1400522672757522446

Rubic​

Rubic exchange is integrating xDai to enable decentralized cross-chain swaps.

https://twitter.com/CryptoRubic/status/1400830421315866630

CryptoFees​

xDai was added to the CryptoFees site and is in the top 15 for projects/chains. Learn more about the metrics and how xDai stacks up here.

https://twitter.com/dmihal/status/1400412753697857538

Ankr​

Ankr continues to support xDai and is building out their docs to include easy setup instructions.

https://twitter.com/xdaichain/status/1400469293632942082

Peerion​

Peerion is bringing liquid staking to STAKE holders. Now users with a minimum of 20 STAKE can participate in consensus by joining the peerion validator pool co-op.

https://twitter.com/PeerionDAO/status/1400831457321390080

Swash​

Users can withdraw DATA for free and utilize HoneySwap to trade earnings.

https://twitter.com/swashapp/status/1400807738083524612

Darkforest​

Darkforest continues to dominate on xDai, accounting for more than 50% of xDai transactions and 36% of gas usage on June 3! UX improvements like auto-confirmation with a burner wallet are helping drive massive usage from this popular application.