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Ontology Weekly Report (October 10th — 16th, 2023)

Hello Ontology community! 🤗 As we dig into another week, we’re thrilled to share some amazing updates that continue to make Ontology the go-to network for Web3 and decentralized identity.

Staking On Binance Earn 🤑

We’re kicking things off with a bang! Now, you can stake ONG on Binance Earn! It’s a big win for us and everyone who’s been waiting to stake ONG on one of the largest platforms out there. Secure your rewards today!

Development Progress 🛠️

  • Our team has been working around the clock, and the progress shows:
  • Contract development for ONT staking is at 97%! 🎉
  • Front-end development for ONT liquid staking is almost done at 95%! 🌊
  • 40% done with Ontology batch trading RPC. 🔄
  • We’ve even started Account Abstraction research at 5%. 📘

Product Development 🚀

We never rest when it comes to delivering top-notch experiences for our users:

  • Our team has started a User Feedback Quest, and we’re all ears! 📢 Your thoughts matter, and we’re excited to make Ontology even better with your input.

  • Curious about what’s buzzing in the ONTO Wallet? We’ve published a list of the Top 10 Most Popular DApps and chains from the last month. 🎖️ Check it out to see if your favorite DApp made the list!

On-Chain Activity 📊

The numbers keep growing, and that’s always a good sign:

  • 164 total dApps on MainNet. 🌐
  • 7,692,233 total dApp-related transactions, up by 1948 from last week. 📈
  • 19,010,817 total transactions on MainNet, seeing an increase of 7575! 🚀

Community Updates 🗨️

Our community is the cornerstone of Ontology. This week, our loyal members took the reins, leading a discussion on “Web3 Wallets” during our Telegram Weekly Community Discussion. 🌍

Global News 🌍

  • Tune in for our Thursday talks that revolve around web3 media and the issue of crypto misinformation. 🎙️

  • ONG now ranks among the top 5 in USDT trading pairs! 🏆

  • We even made it to the top 11 in Metaverse PLJs based on 3-D RTVL! 🌌

We’re super excited about what’s coming next and hope you are too! Stay tuned, stay safe, and let’s keep building a more secure and equitable digital world together! 🌍❤️