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.