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POSDAO & Protocol Updates

tip

The protocol is currently in Epoch 66.\ **\ **2 new validator pools joined this week, and there are currently 18 validator pools with 354 delegators staking a total of 653,423 STAKE.

These new pools were formed with the new 2000 STAKE minimums, and are enjoying higher APRs relative to the STAKE invested, as all validators pools share rewards equally.\ \ High pool APY is currently 109.3%, low is 12.51% (stats as of 15/07/2021 15:00). Learn more about APY calculations here.

Weekly Newsletter

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📰Weekly News is available now at https://xdai.substack.com/

Tweets of the Week

Follow xDai on Twitter for regular news and updates.

https://twitter.com/xdaichain/status/1418088766867128324

https://twitter.com/HopProtocol/status/1418256938094182409

https://twitter.com/hoprnet/status/1417461183251161092

https://twitter.com/xdaichain/status/1417065857121988612

· One min read
Archive Post

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POSDAO & Protocol Updates

tip

The protocol is currently in Epoch 65.\ **\ **There are 16 validator pools with 355 delegators staking a total of 657,721 STAKE.

One validator pool became inactive after the node was down for more than 4 consecutive days. Delegators to this pool should move STAKE to other active pools to continue earning rewards for protocol protection.\ \ High pool APY is currently 17.78%, low is 2.39% (stats as of 15/07/2021 15:00).

Weekly Newsletter

We've moved our weekly highlights to Substack. You can sign up to receive in your email or view the newsletter anytime without signing up.

tip

📰Weekly News is available now at https://xdai.substack.com/

Tweets of the Week

https://twitter.com/xdaichain/status/1414872626674155520

https://twitter.com/xdaichain/status/1415556992257699840

https://twitter.com/xdaichain/status/1414906406503866373

https://twitter.com/xdaichain/status/1415706479810727937

· 2 min read
Archive Post

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POSDAO & Protocol Updates

tip

The protocol is currently in Epoch 63.\ **\ **There are 17 validator pools with 365 delegators( ⬆️ 5.5% from previous week) ** staking a total of 657,860 STAKE ( ⬆️ 1.2% from previous week).\ \ High pool APY is currently 20.15%, low is 0%** (stats as of 25/06/2021 15:00 UTC - currently one node operator is down resulting in 0% APR for that validator and delegators).

Protocol News

BlockScout Version Update

BlockScout on xDai was updated to the latest release version 3.7.1.

https://twitter.com/blockscoutcom/status/1413529868722049027

xDai Wallet Addresses triple in 3 months

https://twitter.com/xdaichain/status/1412707810320785413

Projects

Dark Forest Round 2 Ends

Round 2 resulted in over 2 Million transactions on xDai over 9 days! Players around the globe enjoyed the first blockchain RTS game and the new features in v0.6

View your personal metrics with this dashboard created by a community memeber!

https://twitter.com/cronii0x/status/1413253390663094273

DAOSquare

DAOSquare announced a collaboration with xDai to bring more projects to the chain.

https://news.daosquare.io/daosquare-becomes-an-xdai-network-eco-partner-db46c2c542ca

MEXC Global

MEXC Global exchange will list an xDai/USDT trading pair in the near future.

https://medium.com/mexcglobal/mexc-global-now-supports-xdai-chain-c3ae03408c91

UniDex

Unidex limit order platform is expanding to the xDai network.

https://unidexfinance.medium.com/unidex-limit-order-expansion-more-36cfe2e33a5

Symmetric

Symmetric AMM is live on xDai.

https://medium.com/cent-finance/symmetric-eb7a73b36a46

XLR8R

The XLR8R curated digital music NFT platform launched its beta version on xDai. The platform is powered by Cargo.

https://xlr8r.com/news/the-beta-version-of-our-nft-marketplace-xnft-is-now-live/

PolkaDoge

https://twitter.com/polkadogee/status/1413052112078970880

D'CENT Wallet Integration

https://twitter.com/DCENTwallets/status/1412368740419661825

Pillar.fi Welcomes xDai Users

https://twitter.com/pillarwallet/status/1413529106755424258

· 2 min read
Archive Post

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POSDAO & Protocol Updates

tip

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

· 3 min read
Archive Post

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

POSDAO & Protocol Updates

tip

The protocol is currently in Epoch 62.\ **\ **There are 17 validator pools with 328 delegators( ⬆️ 11% from previous week) ** staking a total of 643,380 STAKE ( ⬆️ 3% from previous week).\ \ High pool APY is currently 17.63%, low is 13.8%** (stats as of 25/06/2021 15:00 UTC).

Prototol News

:green_heart: Green NFTs on xDai

We published an article on the amount of energy projects can save by moving NFT operations to xDai. The results are 👀 opening! Leaders in the space such as the Crypto stamp project from the Austrian Post are looking for alternatives and finding xDai is a natural fit.

:calendar_spiral: Daily Active Accounts

Active accounts on xDai have show huge gains this week, driven by the new Swarm integration. In an informative tweet, Igor Barinov reported on this increase along with some insightful comparisons to the Polygon ecosystem for context.

https://twitter.com/barinov/status/1408330885972303872

:man_raising_hand: BootNode Validator Application

BootNode is a relatively new company, but the founder Manual has a long history of supporting xDai. Previously he was the C*O at Protofire and one of the original 4 validators on the xDai chain. The BootNode application highlights the new team and the additional decentralization they will bring. "BootNode aims to bootstrap a self-sustainable, production-grade network and bridge validator."

The proposal is now open for any comments, and a snapshot vote will follow in the coming week.

https://forum.poa.network/t/bootnode-as-an-xdai-validator/6648

🦋 Project Updates

Swarm

Swarm has integrated with xDai, and the bee client now runs on xDai to provide data availability, security and resiliency. BZZ airdrop on xDai is coming soon for holders of aBZZ tokens on Goerli August 2, 2020. This will give node operators and users instant access to the infrastructure on xDai without having to bridge from the Ethereum mainnet.

https://twitter.com/xdaichain/status/1406955599435386885

Crypto stamp

100k CS3 stamps sold out on the first day of the Crypto stamp launch! 5000 CS3 NFTs were sold directly on xDai Chain in just over 5 hours, ~1400 Presale tokens redeemed for "real" CS3 NFTs and over 12k colors/rarities were revealed for such NFTs during launch day.

https://twitter.com/xdaichain/status/1406926884680646663

Dark Forest

Dark Forest Round 2: Inspired Hallowed will begin on Monday, June 28 with a number of improvements and optimizations. This round will last 9 days, ending on Wednesday July 7th at 9PM PT.

https://twitter.com/darkforest_eth/status/1408267707498127362

Omen

The community market competition wrapped up with more than 160 community ideas for new markets. 10 markets were created, including several about xDai and STAKE, the Summer Olympics, Arbitrum, Aave, and more.

https://twitter.com/Omen_eth/status/1408178717289893893

DXdao

DxDao is lauching several Farming Campaigns on Swapr on xDai. Campaigns include:

  • WETH/xDXD unlocked — 4-week standard campaign with 8.1 WETH and 38.5 xDXD as dual rewards
  • WETH/xDXD locked — 6-week staking cap and time lock campaign with 6.1 WETH and 96.2 xDXD as dual rewards

https://twitter.com/DXdao_/status/1408188509525999621

GetBlock

GetBlock has seen a large increase in usage thanks to the Swarm integration on xDai. Their infrastructure provides easy node access for users.

https://getblock.io/blog/how-swarm-makes-internet-decentralized-again

TokenPocket

TokenPocket multi-chain wallet supports xDai. They released a quick start guide to easily add xDai to their wallet infrastructure.

https://twitter.com/TokenPocket_TP/status/1407543326178353152

· 2 min read
Archive Post

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POSDAO & Protocol Updates

tip

The protocol is currently in Epoch 61.\ **\ **There are 17 validator pools with 293 delegators - over 200 of them are unique - staking a total of 624,782 STAKE.\ \ High pool APY is currently 19.46%, low is 7.11% (stats as of 18/06/2021 15:00 UTC).

Bridge Governance

The bridge governance board is composed of 13 members who are responsible for managing bridge operations on both sides of the bridge (contracts are deployed on the Ethereum and xDai side). 7/13 signatures are required to approve any management proposal.

A new summary page shows updates and decisions from the bridge board of governors. The most recent measure passed by the board reduced USDC withdrawal fees to 0 for 3 months.

https://twitter.com/xdaichain/status/1404899764332896259

BlockScout

BlockScout now supports Vyper Smart Contract verification.

https://twitter.com/blockscoutcom/status/1405934889665544194

🦋 Project Updates

Gnosis Safe

Gnosis Safe added a default xDai bridge app to make it easy for multi-sigs to use the bridge directly from a safe. Follow these instructions to get started.

https://twitter.com/xdaichain/status/1404737851829411845

:earth_americas: xDai World

A portal into the world of xDai Apps and projects building on xDai from DAOSquare

https://twitter.com/DAOSquare/status/1404798650304417799

ImToken

The imToken wallet added xDai to their supported chains list.

https://twitter.com/imTokenOfficial/status/1404717824489050114

DePay

DePay now supports the STAKE token! Users can pay for items with STAKE with supported applications.

https://twitter.com/DePayFi/status/1404423410478944260

GetBlock

GetBlock provides another point of connection for xDai users. Setting up a node is easy!

https://twitter.com/xdaichain/status/1405480102629097481

Swapr

Swapr Beta now accessible on mainnet and xDai!

https://twitter.com/SwaprEth/status/1405593014848741376

Xlr8r

A curated NFT marketplace for art and music just released a new round of works on xDai.

https://twitter.com/xdaichain/status/1405630971962081283

Streamr

Tutorial for devs and other users looking to create Data Unions on xDai.

https://twitter.com/streamr/status/1405179619750387725

Omen

Prediction markets are in full swing on xDai with Euro2020! This guide shows anyone how to place a prediction with Omen on xDai.

https://twitter.com/Omen_eth/status/1405174340065374209

Gitcoin Grants Round 10

Innovative projects on xDai are raising funds in round 10. Support your favorites to continue building and growing the xDai ecosystem.

https://gitcoin.co/grants/explorer/?keyword=xdai

· 3 min read
Archive Post

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

POSDAO & Protocol Updates

tip

The protocol is currently in Epoch 60.\ **\ **There are 17 validator pools with 286 delegators - over 200 of them are unique - staking a total of 664,361 STAKE.\ \ High pool APY is currently 20.6%, low is 6.45% (stats as of 11/06/2021 16:00 UTC).

EOA views added to xDai Usage Dashboard

Externally owned accounts on xDai represent a fair amount of volume, especially when related to account activity and overall transactions. We added this metric to see how EOAs are using xDai in relation to larger project utilization of the chain. The usage dashboard is available at https://duneanalytics.com/maxaleks/xDai-Usage

Ethers.js Quick Start Guide

Ethers.js is a useful javascript library available to developers. It is much smaller than web3.js and easy-to-use for new developers, and we created a simple guide for devs.

https://twitter.com/xdaichain/status/1402709981074538497

BlockScout Survey

BlockScout Block Explorer is conducting a survey to collect user feedback on the explorer. Help build the next generation of explorer for xDai, and win $100 in the process!

https://twitter.com/blockscoutcom/status/1402988585435889677

🦋 Project Updates

🛰️ Dark Forest Round 1 Completed

Dark Forest Round 1 was a big success on xDai, accounting for a big increase in transactions, usage and users. Get ready, round 2 starts shortly!

https://twitter.com/darkforest_eth/status/1402038721151598594

:house_with_garden: RealT Real Estate

RealT tokenized real estate continues to sell quickly. In a volatile market environment real-world assets with more predictable yields (and predictable pricing on xDai) provide some much needed balance!

https://twitter.com/RealTPlatform/status/1401841554008981505

Minerva Streaming Farms

Another innovation from the Minerva team - NFTs that come with a MIVA stream attached, once the user has deposited LP tokens from Honeyswap.

https://twitter.com/MinervaWallet/status/1402992526131269633

Eporio

Eporio is partnering with Minerva to provide a marketplace forstreaming “Farm Position” NFTs (FP NFTs, for short), making them completely tradeable and visible to users.

https://lab10collective.medium.com/minerva-wallet-partners-with-eporio-to-enable-trading-of-streaming-nfts-e15ef0a28490

Snafu Artist Collective

Collection 2 has been released, and is described as "an epiphany of looks, a chorus of images that represent our present" and includes a physical artbook available to the 5 users with the highest number of NFTs. One artist is dropped per day, for a total of 17 artists, and the campaign ends on 30 June, 2021.

https://twitter.com/nftsnafu/status/1401125519052181510

https://www.nftsnafu.org/collection-2

HoneyComb Farming Updates

Farming continues to gain traction on the HoneySwap Platform, with additional liquidity coming in daily.

https://twitter.com/Honeyswap/status/1402529898531459079

Peerion Validator Pool

Peerion validator pool for liquid staking has reached goal # 2 (5000+ STAKE) and continues to add more stakers in anticipation of launch.

https://twitter.com/PeerionDAO/status/1403353072869466112

· 2 min read
Archive Post

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

POSDAO Updates

tip

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.

· 3 min read
Archive Post

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

👷‍♀️ POSDAO Updates

tip

The protocol is currently in Epoch 58.\ **\ **There are 16 validator pools with 272 delegators staking a total of 608,769 STAKE - over 75% of the total STAKE supply on xDai.

The new Stakefish pool has the highest amount staked, with 97K+ in the pool.\ \ High pool APY is currently 18.28%, low is 10.92% (stats as of 28/05/2021 14:30 UTC).

✏️ Protocol Updates

Prior Pending Claims Amnesty

Assets worth more than 360K were sent to users on Ethereum from prior pending claims from the xDaiBridge and the Omnibridge. These assets consisted of pending claims where users had not completed the process on mainnet. Many had been in the contract for months. The funds were released from the bridge contracts and the xDai team paid the tx fees totaling 9.65 ETH for over 1000 transactions. This was a one-time event with no immediate plans for future amnesty.

xDai Bridge

  • Amount: 160K DAI
  • Addresses: 461
  • Tx Fees: 3.58 ETH
  • USD equivalent: $8,985.00
  • USD cost avg per tx: $19.50

OmniBridge

  • Amount: 200K+ USD value
  • Addresses: 570
  • Tx Fees: 6.06 ETH
  • USD equivalent: $15,200.00
  • USD cost avg per tx: $26.66

OmniBridge AutoFaucet

To assist new user onboarding, and automatic faucet feature was added to the OmniBridge. Users moving assets over the Omnibridge from Ethereum or BSC to xDai now also automatically receive $.01 xDai* in addition to their bridged asset. This can be used to process transactions and swap some of their remaining assets into xDai as required. Over 500 faucet transactions have been processed since this feature was implemented on May 22.

*Only non-contract wallets with a 0 xDai balance receive xDai.

https://twitter.com/xdaichain/status/1397225172961304583

📊 Network Statistics

New Monthly ATH for Txs

xDai continues to see month-over-month usage and transactional growth. 6.3M transactions have been processed in the past 30 days. Source: https://duneanalytics.com/maxaleks/xDai-Usage

Gas Usage per Day

A new metric was added to measure gas use percentage. Gas usage is often a more telling metric than txs per day, as it captures the total use for all types of transactions, including resource intensive ones (some complex contract transactions can exceed 7M gas for 1 tx for example). Several high resource transactions can fill an entire block.

Staking on xDai

Over 600K STAKE is now protecting the protocol on xDai, over 75% of STAKE supply available on the network. Source: https://duneanalytics.com/maxaleks/xdai-staking

🦋 Project Updates

DarkForest v0.6

A new round of darkforest is live on xDai! DF transactions have already surpassed Perpetual Protocol to claim the #1 spot for most daily txs by a single application on xDai.

https://twitter.com/xdaichain/status/1396378637591527425

Clover Finance Integration

https://twitter.com/clover_finance/status/1397942389436608519

Orchid on Android

https://twitter.com/OrchidProtocol/status/1396841023591092224

Omen Prediction Market Contest

10K in rewards for the new market contest. Top 5 markets win 1500 xDAI and 750 REP on xDXdao Next 5 markets win 500 xDAI and 250 REP on xDXdao.

https://twitter.com/Omen_eth/status/1396572004774400000

DxSale xDai Support

DxSale application allows users to create, launch and secure tokens. They offer multi-chain support and now include xDai support.

https://dxsale.network/

· 2 min read
Archive Post

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✏️ Protocol Updates

🎉 Berlin Hardfork Successful!

The planned HF was successful on May 17 starting at block #16101500. Nodes should now be running OpenEthereum v3.2.5+, Nethermind v1.10.71+.

https://twitter.com/nethermindeth/status/1394320203635470342

🎆 Gas Limit Increase

Following the HF, the gas limit per block was increased from 12.5M to 17M to accommodate increased usage and provide additional block space.

https://twitter.com/xdaichain/status/1395058291143757826

👷‍♀️ POSDAO Updates

tip

The protocol is currently in Epoch 57.\ **\ **There are 16 validator pools with 249 delegators staking a total of 568,553 STAKE.\ \ High pool APY is currently 19.18%, low is 11.43% (stats as of 21/05/2021 16:30 UTC).

Stakefish onboarded as a new validator

The Stakefish team was added as a validator to futher decentralize the protocol.

https://twitter.com/stakefish/status/1394235551838920709

📊 Network Statistics

New Stats added to Dune Analytics Dashboard

https://duneanalytics.com/maxaleks/xDai-Usage

We've added additional xDai stats including historical overviews (30, 60 and 90 days) for transactions, active accounts and tx fees. Also additional insights into which projects are seeing the most transactions on xDai and which projects have the most engagement from different accounts.

:mag_right: BlockScout Updates

A new Gas Price Oracle API endpoint was added and recommended gas prices are now displayed in the header. Users can see averages from the past 200 blocks, updated every 5 seconds, to determine recommended gwei price for slow, average, and fast txs.

🦋 Project Updates

Austrian Post Crypto Stamp Project

https://twitter.com/xdaichain/status/1395720849869639682

Miva Gnosis Auction on xDai

https://twitter.com/MinervaWallet/status/1395409795935526913

CryptoTax Calculator Integration

https://twitter.com/CryptoTaxHQ/status/1395694297186406406

Superfluid Streaming App

https://twitter.com/Superfluid_HQ/status/1395379044791762945

JuiceBook

https://twitter.com/JCEProtocol/status/1395226422256472067

:classical_building: DAOs

Peerion DAO

https://twitter.com/PeerionDAO/status/1394958508928372746

xDai DAO

A new xDai focused, community run DAO on Reddit

https://www.xdaidao.com/