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Ontology Weekly Report (Feb 13rd — Feb 19th, 2024)

🎊 Highlights

Get ready to explore the future of decentralized identity with us at the DID side event in collaboration with PolygonID, happening in Denver, Colorado!

Latest Developments

  • Rewards with Ontology and Uquid: Don’t miss our guide on how to claim your rewards efficiently and get the most out of your experience.

  • Ontology MainNet on StackUp: We’re now live on StackUp, expanding our ecosystem and enhancing accessibility.

  • Dual Token Systems Explained: Dive into our latest article to understand the benefits and mechanics of our dual token systems.

  • Listing on LetsExchange: Ontology tokens are now available on LetsExchange, offering you more flexibility in trading.

Development Progress

  • Account Abstraction Research: Nearing completion at 99%, our efforts aim to drastically improve user experience and security.
  • Ontology EVM Trace Trading Function: Making significant strides at 61%, we’re dedicated to broadening our trading functionalities.

Product Development

  • Top dApps in ONTO for January: Discover the leading dApps within the ONTO ecosystem that are setting trends.

  • Collaboration with BeFi Labs: We’ve joined forces to promote BRC-20 trading, enhancing the diversity of trading options available.

On-Chain Activity

  • 177 total dApps on MainNet as of Feb 19th, 2024.
  • 7,733,736 total dApp-related transactions on MainNet, marking an increase of 3,911 from the previous week.
  • 19,260,811 total transactions on MainNet, an impressive rise of 18,452 from last week.

Community Growth

  • Stay Connected: Our channels on Twitter and Telegram are buzzing with the latest updates and vibrant community interactions. Be part of our dynamic community!
  • Telegram Discussion on ERC-404: Led by Ontology Loyal Members, this week’s discussion focused on the innovative ERC-404, exploring its potential and implications.