EOSweekly: Shareity, Bylaws, Collabs, Dev Spotlight, Yield+, Trust IDE, fractallyEden
From working groups to working together, the ecosystem’s new motto: “action, action, we have action”. EOS Shareity delivers its report while ENF goes sight seeing for developers. Eden being down by law nicely compliments Yield+ liquid refreshments and EVM token capital demand. On the horizon, Mandel and fractally gain momentum.
EOS Shareity Monthly Report
Even those new to the EOS community cannot miss an overwhelming drive to do good. Traditional financial incentives are as alive on EOS as anywhere else. That’s what makes charitable contributions all the more impressive. EOS makes it easy to give. Common obstacles like high fees and slow transactions don’t exist here. This means streamlined value transference with immediate global impact. All this comes to light in EOS Shareity’s monthly report. Recent impact includes:
Food And Medicine (Santa Lucia Church)
Medicine and Medical Supplies
Over 800 EOS was received by 36 individuals, with life altering effects sure to be far greater. The team also launched new NFTs and Shareity Coin. Qualifying for a proof of donation NFT starts at 2 EOS. Or maybe you wish to purchase a Help2Ukraine NFT. Visit the blog post for more details. Thanks to EOS Vision for bringing this project to light.
Eden Chief Delegates Approve Bylaws
If you’ve been following the progress made by Chief Delegates, then you’re aware of the emphasis placed on bylaws. Technical implementation of bylaws was among the key issues during the CDs 4th meeting. Edenia was suggested for the tech role during the 3rd meeting. Bylaws were officially ratified during the 4th meeting. This sets the next election for July 9th. Ratification of the technical lead was hoped to take place alongside the bylaws. This didn’t officially happen. However, the CDs are confident that their choice for the tech team will satisfactorily implement the bylaws. One of the earliest mentions of the bylaws was on March 26 by Chris Barnes. Here’s a direct link. Also note that Eden discord is now in the hands of the CDs allowing for more elaborate community engagement.
ENF Developer Spotlight Series
It’s good to see attention being given to developers. Non-developer contributions need attention too. It can be argued that EOS token holders dominated mainnet decisions to the point of negative impact. Maybe if contributions were given more attention, B1 would have prioritized core mainnet development. Developers cannot do it all. They need support, creativity, and diversified ideas. However, start with developers and all the pieces can be tied together. Developers and contributors are also less likely to prematurely leave than token holders. The first spotlight is on ENF Director of Engineering Areg Hayrapetian:
"With blockchain, I feel like the critical time for the history of that technology is the present."
It was a pleasure to interview @AregHayrapetian, a legendary developer and deep thinker, for the debut of my new series with the @EosNFoundation "Architects of Consensus", highlighting the unseen figures who make the magic of #EOS, #EOSIO, and blockchain in general possible!
Understanding Yield+ Rewards
Yield+ seems to be among the more popular working groups. Its reward mechanism was discussed midway through a recent Fireside Chat. Denis Carriere went into some of the details. Here’s part of an ENF selected quote:
…it's actual liquidity in the #EOS ecosystem doing DeFi work." @DenisCarriere on Yield+
The primary objective is to promote active defi protocols. This means it's entirely liquidity driven. There are no rewards for voting. Liquidity determines activity. EOS and Tether will be initiall supported. Other tokens expect to be added in the near future. Examples of projects that qualify now include:
Check Defi Llama for a list of other eligible projects.
TrustEVM Token IDE
Later in the same Fireside Chat, Yves explained the value of holding an IDE. In two words (and following with a long pause):
The pause was indicative of the potential for controversy. It’s about the immediate advantages of an IDE vs. a 100% airdrop. A partial airdrop remains possible. However, the real issue for the EOS community is the value add. EVM tokens via IDE will positively impact EOS token holders and the mainnet economy. ENF’s promise maintains a direct EOS price impact. Yves went on to say that the team is still:
ironing out the details
The biggest take from the EVM token IDE is the capital influx right from the start. This means EOS will experience a net value increase. Essentially, at least someone will be paid without drawing value out of EOS. Yves was all but certain that a 100% airdrop would result in tokens being initially sold and subsequently devaluing mainnet assets. A couple of things to look out for might be the controlled value-to-use_case of the new EVM token, as well as, to whom the external capital flows.
Collaboration Updates: EOSIO+ Coalition, Vigor Origin, Chintai
Networking opportunities fostered by the EOSIO+ Coalition already show potential. Represented chains include:
… #EOS, @HelloTelos, @WAX_io, and @Network_UX.
Watch the video to see what was said at the April 28 coalition meeting. This past week, Charlie (of Meta Collect community) pointed out a key Vigor protocol update:
0rigin… entered into an agreement with the Vigor DAC… to assume the ongoing development, substantial restructuring, and multi-chain expansion of the Vigor Protocol… accelerate the release of Vigor 2.0…
Chintai may be the last update listed here, but its potential to impact the EOSIO ecosystem is profound. The team announced a partnership with Hubbis. After gauging the sentiment of 96 replies from Asian wealth management professionals, it was found:
…some private banks and wealth management firms remain sceptical about cryptocurrencies… and …non-fungible tokens, but more positive about digital tokenisation via fractionalisations of underlying physical or financial assets … And ….private banks … and …independent wealth management …believe digital assets are core to our collective futures.
fractally is not Eden and Eden is not fractally. fractally Eden can be the onset of a new paradigm that ensures the fractal growth of the ecosystem. Many of us meeting attendees hope that fractally can work with Eden governance. An Eden CD expressed interest in fractally tech for elections. Eden must remain on schedule and fractally isn’t ready just yet. fractally may choose EOS as its primary environment. However, it exists as a stand alone communication mechanism that can cross, not just blockchains, but traditional platforms as well. Now wonder why fractally Brainstorming Sessions (#7) continues to gain steam. On the EOS side, this week saw Mandel meeting #13, a scorching Fireside Chat, and a Chief Delegate meeting given its own section this week (see above). Maybe also take note of the chart (above) presented by Eden Capital of Mandel’s increased code activity.
Meta Collect Community
Looking for a fun way to get involved with the EOS community and sister chains? Join Meta Collect Discord for info about Mongs, Crunks, COLLECT tokens, and of course, our beloved Finney. Meta Collect co-founder was on GenPool Spotlight taking a fun look back at how it all got started. Discord is also a great place to get alerts about live shows and breakout twitter spaces. You can also just come to chill or learn about engagement rewards. Never know when there’ll be a popup trivia session, poker, game, or giveaways.
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EOSweekly is a roundup of recent news within the ecosystem. Unique needs and services continue to emerge as the advantages of blockchain technology are realized. Easy access to information becomes increasingly important for these expansive networks.
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