Shiden Growth Shared Their Weekly Digest #1 February 2022
The Shiden Growth weekly Digest provides an overview of the Shiden ecosystem activity for the previous week
Shiden dApp staking updates
One of the most important news for Shiden community. Last week the core team introduced new unbonding feature for dApp staking. Moving towards dApp Staking v2 this is the first new implementation. Runtime upgrade happened on 2nd February.
Staking is required to bond tokens in order to get rewards. Unbonding is the process when you send the message to the network that you are eager to unlock your staked tokens. After the unbonding time, which is 5 days for Shiden, you can withdraw the tokens and they become a transferable balance.
OTBalance
OTBalance has launched incentives for those who joined OTBalance dApps staking. All stakers will receive a special NFT OTBalance utility NFT (1 out of 512).
EmiSwap
Q1: Near/Aurora, Avalanche, Gate Chain, Astar, and Shiden integration.-
Q2: Integrating Binance Smart Chain, Solana, Heco, and redesigning the emiswap platform to add many new features ready for testing.
Q3: OKX, Tron integration, and the release of the first stage of the Emiswap Magic Hall with NFT Magic Cards.
Q4: Releasing Stage 2 of the Magic Hall and a whole new set of mechanics and benefits for liquidity providers.
Standard Protocol
Standard Protocol published an article with a retrospective view on the previous year and shared their plans for the current year.
Covalent
Covalent has launched the #Alchemist Program 3.0 Beta. The main goal of Alchemist program is to provide an educational knowledge base for community members to unlock their Web3 potential, find new career opportunities, networking with partners, complete quests and earn rewards!
About Shiden Growth
The main goal of the initiative is supporting the Shiden ecosystem particularly the whole community, existing projects deployed on Shiden networks as well as helping new projects to migrate and deploy their dApps or smart-contracts on top of Shiden.
