{"id":240,"date":"2023-08-01T18:34:06","date_gmt":"2023-08-01T18:34:06","guid":{"rendered":""},"modified":"2023-08-01T18:35:48","modified_gmt":"2023-08-01T18:35:48","slug":"ontology-monthly-report-july-2023","status":"publish","type":"post","link":"https:\/\/ont.io\/news\/ontology-monthly-report-july-2023\/","title":{"rendered":"Ontology Monthly Report &#8211; July 2023"},"content":{"rendered":"<ul>\n<li>We were thrilled to celebrate 5 years of Ontology MainNet! We reflected on our remarkable journey, significant milestones, and the exciting developments that have shaped the past year. Together, we are forging the future of Web3 and decentralized identity solutions.&nbsp;&nbsp;<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/08\/1690884203271image.png\" style=\"max-width:100%;\"><\/p>\n<p><span style=\"font-weight: bold;\">Development\/Corporate Updates&nbsp;&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: bold;\">Development Progress&nbsp;&nbsp;<br \/><\/span><\/p>\n<ul>\n<li>We are 98% done with the EVM bloom bit index optimization.<\/li>\n<li>We are 100% done with the high ledger memory usage optimization.<\/li>\n<li>We are 80% done with the optimization of ONT staking liquidity.<\/li>\n<li>We are 40% done with the development of frontend of ONT liquid staking.<\/li>\n<li>We are 65% done with the testing of ONT liquid staking.&nbsp;&nbsp;<\/li>\n<\/ul>\n<p><span style=\"font-weight: bold;\">Out &amp; About \u2014 Event Spotlight&nbsp;&nbsp;<\/span><\/p>\n<p>It was all hands on deck this month with a string of news reports and developments:<\/p>\n<ul>\n<li>Ontology provided a great staking opportunity for ONT holders, with Ontology nodes offering up to 30%+ APY in ONG!&nbsp;&nbsp;<br \/><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/08\/1690884368724image.png\" style=\"max-width:100%;\"><\/li>\n<li>NOWPayments integrated ONT for travel with enhanced security, global access, and super-speed transactions.&nbsp;&nbsp;<br \/><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/08\/1690884389605image.png\" style=\"max-width:100%;\"><\/li>\n<li>iME took a significant step towards mass adoption by supporting Ontology tokens.<br \/><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/08\/1690884432715image.png\" style=\"max-width:100%;\"><\/li>\n<li>Ontology\u2019s episodes are live on Spotify, with the latest discussions and insight<br \/><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/08\/1690884452051image.png\" style=\"max-width:100%;\"><\/li>\n<li>We published a selection of #OWN101 features, as part of our #OWNInsights series. We brought you the definition of &#8220;Sharding&#8221;, &#8220;Block Explorer&#8221; and &#8220;Token Swap&#8221;.<br \/><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/08\/1690884504971image.png\" style=\"max-width:100%;\">&nbsp;<br \/><span style=\"font-weight: bold;\">Product Development&nbsp;&nbsp;<\/span><\/li>\n<li>ONTO V4.5.3 is now LIVE, with integration of Core mainnet and optimized mode settings for Core, Clover, and AptosNetwork<br \/><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/08\/1690884731209image.png\" style=\"max-width:100%;\"><\/li>\n<li>&nbsp; ONTO published the monthly report for June, with new chains integrated, partnership with SpaceID, optimized UI, and exciting events.<br \/><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/08\/1690884768573image.png\" style=\"max-width:100%;\"><\/li>\n<li>ONTO and Umi\u2019s Twitter Space attracted over 800 listeners.<br \/><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/08\/1690884790824image.png\" style=\"max-width:100%;\"><\/li>\n<li>ONTO published product introduction threads.<br \/>&nbsp;&nbsp;<img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/08\/1690884816313image.png\" style=\"max-width:100%;\"><\/li>\n<li>ONTO has integrated Chiliz Chain and supports the self-custody of $CHZ and Chiliz Chain Fan Tokens.&nbsp;&nbsp;<br \/><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/08\/1690884839587image.png\" style=\"max-width:100%;\"><\/li>\n<li>ONTO and Chiliz Twitter Space reached over 500+ listeners.&nbsp;<br \/><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/08\/1690884866846image.png\" style=\"max-width:100%;\"><\/li>\n<li>ONTO has launched partnerships with blockin.ai, CoreDAO,&nbsp;<a href=\"https:\/\/twitter.com\/InnoTech_Labs\" target=\"_blank\" rel=\"noopener\">InnoTech Labs<\/a>&nbsp;and Chiliz.<\/li>\n<\/ul>\n<p><span style=\"font-weight: bold;\">On-Chain Activity&nbsp;&nbsp;<\/span><\/p>\n<ul>\n<li>164 total dApps on MainNet as of July 30th, 2023.<\/li>\n<li>7,669,240 total dApp-related transactions on MainNet, an increase of 38,199 from last month.<\/li>\n<li>18,920,820 total transactions on MainNet, an increase of 85,862 from last month.&nbsp; &nbsp;&nbsp;<\/li>\n<\/ul>\n<p><span style=\"font-weight: bold;\">Community Growth &amp; Bounties<\/span><\/p>\n<ul>\n<li>This month, several Ontology Community Calls and discussions were held on Discord, Telegram and Twitter, focusing on topics such as \u201cGovernment as DAOs\u201d, \u201cWhat is liquidity\u201d and \u201cThe future of DIDs with Ontology\u201d. Community members actively shared their views, and participants also got the chance to win Loyal Member NFTs.<\/li>\n<li>We held our Monthly Quiz led by Ontology Harbingers. Community members actively raised questions and shared 100 ONG rewards.<\/li>\n<li>As always, we\u2019re active on&nbsp;<a href=\"https:\/\/twitter.com\/OntologyNetwork\" target=\"_blank\" rel=\"noopener\">Twitter<\/a>&nbsp;and&nbsp;<a href=\"https:\/\/t.me\/OntologyNetwork\" target=\"_blank\">Telegram<\/a>&nbsp;where you can keep up with our latest developments and community updates. To join Ontology\u2019s Telegram group and keep up to date, click&nbsp;<a href=\"https:\/\/t.me\/OntologyNetwork\" target=\"_blank\">here<\/a>.<\/li>\n<\/ul>\n<p><span style=\"font-weight: bold;\">Recruitment<\/span><\/p>\n<p>At Ontology, we are always looking to expand our team. We currently have a list of open roles and are looking to hire ambitious and hardworking individuals (see below). Check out our&nbsp;<a href=\"https:\/\/ont.io\/join\" target=\"_blank\">website<\/a>&nbsp;for full details.&nbsp;&nbsp;<\/p>\n<p>Recently, we hired:<\/p>\n<ul>\n<li>Operations Associate<\/li>\n<li>Content Associate<\/li>\n<\/ul>\n<p>Now, we are still looking for:<\/p>\n<ul>\n<li>Software Developer, Java<\/li>\n<li>Software Developer, GO<\/li>\n<li>Front-end Engineer<\/li>\n<li>Blockchain Test Development Engineer<\/li>\n<li>Quality Assurance Engineer<\/li>\n<li>Community Operations Associate<\/li>\n<li>Wallet Product Manager<\/li>\n<li>Marketing Manager<\/li>\n<li>UI Designer<\/li>\n<li>Accountant<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>We were thrilled to celebrate 5 years of Ontology MainNet! We reflected on our remarkable journey, significant milestones, and the exciting developments that have shaped the past year. Together, we are forging the future of Web3 and decentralized identity solutions.&nbsp;&nbsp; Development\/Corporate Updates&nbsp;&nbsp; Development Progress&nbsp;&nbsp; We are 98% done with the EVM bloom bit index optimization.<\/p>\n","protected":false},"author":1,"featured_media":241,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-240","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-monthly-reports"],"_links":{"self":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/posts\/240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/comments?post=240"}],"version-history":[{"count":0,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/posts\/240\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/media\/241"}],"wp:attachment":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/media?parent=240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/categories?post=240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/tags?post=240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}