TOP HEADLINES
Yield+ Blue Paper (In Full)
The Yield+ Blue Paper is finally here. Maybe youโre wondering about new topics that werenโt outlined in last week's ENF preview post. When overviewing the program, the ENF tweeted:
Yield+ proposes a custom Liquidity Rewards Program for the #EOS Network. ๐
Its goal is to adapt and improve upon existing (DeFi related) programsโฆ, bring more activity on-chain, and increase earning opportunities for users.
Yield+ adopts successful strategies for liquidity rewards for the EOS mainnet. As one might expect, EOSโ high performance design allows for unparalleled advantages. Read tge blue paper to dig deeper into last weekโs topics:
TVL as the primary metric for qualifying dapp projects
advanced rewards
expanded asset support
The blue paper also discusses pertinent issues like DeFi risks and attacks. Thereโs a plethora of visual statistics illustrating liquidity incentives. Clear details about the rewards program precedes a discussion about data modeling and risk analysis. An oracle will measure the Total Value Locked (TVL); initial service will incur a fiat structured cost. The final two sections discuss the treasury and deliverables.
Defibox Balances the Scales
Visit Defibox and find a relatively complex array of financial tools. Community sentiment was overwhelming upon launch. EOS low transaction fees are well known. Maybe this is why Defi on EOS excites so many. With Balance officially launched by Defibox, a low slippage, price fluctuation, and impermanent loss solution enters the ecosystem. EOS Nation is also involved in the open source project that was audited by several companies. Current support exists for USDT and USN stable coins as well as user provided liquidity. Functionality as described by the Defibox team:
Balance uses a unique constant product + constant sum function model. With a constant sum model near the price equilibrium point, the liquidity is concentrated near this point and the liquidity depth of stable coins is guaranteed. Therefore, stablecoin transactions on the Balance protocol can reduce usersโ slippage losses.
New EOS Hackathon
If youโve been around EOS long enough then you know the value and excitement surrounding hackathons. Impact projects got started here. Winners are held in high regard. All that was before the new EOSIO era, when B1 was Block.one and a corporate agenda essentially dictated new development. Imagine what a more decentralized and open source focused EOS will attract. Chris Barnes is part of the Helios team. He was the first (non-official) Eden Satoshi (Head Chief Delegate). Chis tweeted the ENFโs pre-sign up and survey for what may prove to be the first EOSIO Hackathon deemed worthy of an unleashed EOS public mainnet.
Coalition+ Reports Some Lift
The Coalition+ team seems set on delivering weekly report. No doubt working groups are better for it. Doubt a dedicated section will live here (never know). Eden and Fractally neighborhoods expect to grow alongside the ecosystem. The ENF as a public advocate and developer may outlive the Coalitionโs purpose. Nevertheless, the objectives of working groups need a gathering point. Coalition reports can provide far reaching alignment for all contributing developers as well as onlooking projects. So why the section this week? Check out the ENFโs tweets (1, 2, 3) about:
Set priorities
Request for proposals for wallet SDKs and finality
$2M quarterly dev fund
EOSIO rebrand
Pomelo Stats are Meaningful
Team Pomelo dishes out funding to the broader community. Many well deserved projects find relief here. Still, thereโs an air of heightened excitement of receiving funds that seems to overshadow the process of advancing public goods like EOS Costa Ricaโs EOSIO Dashboard. Funding by the ENF and Helios teams donโt attract the same attention and neither seems as strictly dedicated to public goods. Maybe this is why the EOS mainnet community enjoys Pomelo stats so much. Here are just a few to youโre encourage to visit the Pomelo blog:
100+ projects approved
1000+ donors
7000+ contributors
$900,000+ match funds
Fractally: Whatโs Possible?
Finding links for fractallyNews arenโt as easy as for Eden. Heck, fractally probably wonโt be called fractally. And rumors about a new chain appear true. So if youโre wondering about how to stay in the know about everything fractally, youโll need to join the weekly standup meetings and engage in the AMA and discussion. As a regular attendee I can say that the community welcomes new members and their ideas. Contributions come in all forms. Networking finds fertile ground. All that without a dedicated platform or streamlined onboarding. Imagine the possibilities.
Around Eden, and the Mainnet Community
Second term Chief Delegate meeting #6 saw a vote to ratify Yves La Rose as ENF President (courtesy of Michael OโSullivan). Brock Pierce mapped out an ideal system of governance. Seems like Edenโs role as a mainnet governing body has gained some momentum. This section is about Eden and the community it governs. Itโs a place to find news like a curated list of resources. Last weekโs Mandel (#15) discussion talked about a new developer environment released this week by ENF and team. Termed D.U.N.E., the new environment comes in light of community feedback and needing to replace a docker image for lost native Mac support. View Mandel meeting #16 for more details. The ENF posted about subjective billing and lost transactions. As always, the community got together for another Fireside Chat. MyvoteEOS BP interviews are heating up.
COMMUNITY CHATTER
EOS Nation @EOS_Nation
ENF sponsors TOKEN2049, Yield+ Blue Paper, Subjective Billing, EOSIO+ RFPs and more! Hot Sauce #153This week on EOS Hot Sauce Dan Singjoy updates the community on the ENF sponsorship at Token 2049, Yield+ Blue Paper, Subjective Billing article by Andrew Wa...youtu.be
EOS Network Foundation @EosNFoundation
Trust - EOS EVM @TrustEvmEOS Network Foundation @EosNFoundation
Join us at @token2049 on September 28-29 to kickoff #AsiaCryptoWeek in conjunction with the Formula 1 Singapore Grand Prix! ๐ #EOS and its @TrustEvm will be making waves at @marinabaysands and it's gonna be lit! ๐ฅ โก๏ธ https://t.co/iARvS418hp โฌ ๏ธ https://t.co/sPtTIilo78
Zaisan @zaisanglobalZaisan @zaisanglobal
๐๐ ๐๐ข๐ฆ๐๐ข ๐๐๐ถ๐น๐น ๐ฎ ๐ฟ๐ฒ๐น๐ฒ๐๐ฎ๐ป๐ ๐ฏ๐น๐ผ๐ฐ๐ธ๐ฐ๐ต๐ฎ๐ถ๐ป ๐ฝ๐ฟ๐ผ๐๐ผ๐ฐ๐ผ๐น? Q&A with Rhett Oudkerk Pool, CEO of Zaisan. @eosamsterdam @eosdublin @eosbarcelona @EOS_CryptoLions #EOSIO #EOS https://t.co/p16vVZKWEs
TrimBot โ๏ธ ๐ค @Trim_BotCoinDesk @CoinDesk
JUST IN: The @NFL is the first U.S. sports league to launch a play-to-earn NFT game: @PlayNFLRivals. @elitanjourno reports https://t.co/QEWJk9FY8AEOS Network Foundation @EosNFoundation
Ted Cahall ๐บ๐ธ @Ted_Cahall
GitHub - eosnetworkfoundation/grant-framework: Grant Framework Guidelines, Process, ApplicationGrant Framework Guidelines, Process, Application. Contribute to eosnetworkfoundation/grant-framework development by creating an account on GitHub.github.com
EOS Network DAO Support department @eossupportio
Daniel Larimer @bytemaster7
Nice1 on #EOS | Democratization of VideoGames @Nice1BlockChain
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