Ontology Weekly Report (June 13–19, 2023)

Highlights

We brought an excellent quality of life upgrade for the Ontology community, with an enhanced Ontology staking website experience.

• Streamlined Design 
•  Intuitive Interface 
•  New Checkmarks

With the new interface, it’s even easier to make the best decision for your Ontology stake. Enjoy a seamless staking journey & explore the upgraded website now.

Visit: http://node.ont.io

Latest Developments

Development Progress

● We are 100% done with the optimization of ONT liquid staking.

● We are 95% done with the high ledger memory usage optimization.

● We are 90% done with the EVM bloom bit index optimization.

● We are 15% done with the test and deployment of ONT liquid staking.

Product Development

● ONTO V4.5.2 is LIVE. The update included integration of Sui Network and Chiliz MainNet, the addition of eth-sign risk warnings to improve security, and an optimized wallet creation process & asset symbol display.

● ONTO Wallet published a Monthly report, supporting 64 public chains in total, bringing support for 17,019 tokens and 915 dApps as of May.

• ONTO offers a seamless in-app swap feature with 3 leading aggregators powered by OpenOcean, SWFT Bridge and PolyNetwork.

● ONTO partnered with Mortonn and held an AMA in the ONTO telegram group.

● ONTO partnered with DEMONWAR.

On-Chain Activity

● 164 total dApps on MainNet as of June 12th, 2023.

● 7,614,735 total dApp-related transactions on MainNet, an increase of 10,666 from last week.

● 18,807,950 total transactions on MainNet, an increase of 16,502 from last week.

Community Growth

● We held our Weekly Community Call Series, talking about CBDCs and Decentralized money.

● We held our Telegram weekly Community Discussion led by Ontology Loyal Members, discussing recent SEC news. 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

● We celebrated Father’s Day with our community.

● It’s time for another edition of OWN101, and this week we’re diving into the intriguing world of “OEP-4”!