Ontology Weekly Report (July 11 — July 17, 2023)

    Highlights

    This week provided a great staking opportunity for ONT holders, with Ontology nodes offering up to 30%+ APY in ONG!

    Latest Developments

    Development Progress

    ● We are 97% done with the EVM bloom bit index optimization.

    ● We are 60% done with the testing of ONT liquid staking.

    ● We are 35% done with the development of frontend of ONT liquid staking.

     

    Product Development

    ● ONTO published the monthly report for June, with new chains integrated, a partnership with SpaceID, optimized UI, and exciting events.

    ● ONTO has integrated Chiliz Chain and supports the self-custody of CHZ and Chiliz Chain Fan Tokens.

    ● ONTO V4.5.3 is LIVE now, with integration of Core MainNet and optimized mode settings for Core, Clover, and AptosNetwork

    On-Chain Activity

    164 total dApps on MainNet as of July 17th, 2023.

    7,666,424 total dApp-related transactions on MainNet, an increase of 1,947 from last week.

    18,910,940 total transactions on MainNet, an increase of 20,320 from last week.

    Community Growth

    ● We held our Weekly Community Call Series. We talked about “DOXXED in the age of Crypto Intelligence”.

    ● We held our Telegram weekly Community Discussion led by Ontology Loyal Members, discussing:“What Is Bitcoin ETF?”. Participants got the chance to win Loyal Member NFTs.

    As always, we’re active on Twitter and Telegram, where you can keep up with our latest developments and community updates.

    Global News

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    Ontology’s episodes are live on Spotify, with the latest discussions and insights.

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    iME is taking a significant step towards mass adoption by supporting Ontology tokens.

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    In this week’s OWN101 series, we explore ‘Token Swap’ — The process of exchanging one type of token for another, often facilitated by decentralized exchanges or swap protocols.