Torum #SocialFi - 2023 Q3 Recap: Here's What's New!

Torum #SocialFi - 2023 Q3 Recap: Here's What's New!

By MakeItReal | MakeItReal | 18 Oct 2023


Hello HODLers!

It has been an intense quarter for Torum so far!

I have prepared a rundown of what has been happening during the 3rd quarter of 2023 and what Torum is working on.

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1. Torum has made a significant move, shifting from the ETH chain to the BNB chain due to the incident of the Poly Network Hack on July 2, 2023.

Dive back into the hack report and article here:

Hack Report: https://docs.google.com/document/d/1HjFjckAedsM5MKB5bf6_MtCMisUFc_bPxuU8u_Pv0Yw/edit 

Article Overview: https://medium.com/torum-official/the-poly-network-hack-decoded-comprehensive-insight-response-and-the-xtm-token-swapping-3e028f564f09

2. A total of 77,872.4 $XTM were burned from the Torum Gift Mechanism and banned accounts.

Token Burning Reports: Jul & Aug: https://medium.com/torum-official/torum-token-burning-report-august-2023-affcd93d569b…

Sep: https://medium.com/torum-official/torum-token-burning-report-september-2023-59c6bfad639a…

Note that the tokens burned in July were included in the August Token Burning Report due to a temporary halt in burning activities caused by the Poly Network incident.

3/ After the Poly Network event, Torum remains committed to its vision and has unveiled Torum DAO, advancing the decentralization journey. In just three months, the community passed four key proposals.

Launch of Torum DAO: https://medium.com/torum-official/torum-dao-igniting-a-community-led-renaissance-b6fe40b336b6…

The 4 proposals: Redeployment of $XTM on the BNB Chain: https://snapshot.org/#/torum.eth/proposal/0x47ff5f4d8fb6b30d9bcaa9afb6f0a20f2fbc78cb975a8395b635d56d1c64b40b…

Blacklisting of the Hacker’s Addresses: https://snapshot.org/#/torum.eth/proposal/0x8100962901306380034f41fbea639485cc2bf34ba87861fe12f7b3cb9fe12b66…

Blacklisting of VC Addresses from the distribution of redeployed $XTM: https://snapshot.org/#/torum.eth/proposal/0x532b4065a9dfcee6ad710e3548deef6a2355ac74c8f52288c12a142f14d4aa38…

Allocation of the Surplus 55.2 $BNB Manually Drained from the Old XTM/BNB Liquidity Pool: https://snapshot.org/#/torum.eth/proposal/0x70cd9a82a34e46bc2a3647b6494dac9a840be742ae7e8eddc38da059eab86008

4/ Furthermore, Torum has partnered with @TraderDAOai and @SenderWallet

 Partnership announcements: TraderDAO: https://twitter.com/torum_official/status/1679830942205251590?s=20… Sender Wallet:

 

My Favorite Crypto Dapps:

1. Torum – The #SocialFi ecosystem for crypto enthusiasts where you can earn everyday!
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Torum is the world’s largest SocialFi ecosystem (Social Network + NFT + DeFi + Metaverse) that is specially designed to connect cryptocurrency users.
The Web3.0 ecosystem is built on a social media platform, integrated with a yield farming platform for DeFi investors (Torum Finance), an NFT marketplace for crypto artists and Avatar NFT for Metaverse enthusiasts.
You can earn XTM daily on Torum Social Network completing missions like "write a post", "like 5 posts", "daily login", "interact with the platform for 7 days straight", "accumulate 50 followers" and many others!
XTM is the multichain utility token (Ethereum + Binance Smart Chain + HECO Chain + Polygon) of Torum ecosystem and it's now listed on Kucoin, Huobi, Uniswap and Pancakeswap.

✅#SocialFi Metaverse Pioneer;
✅Backed by Huobi Ventures & Kucoin Labs;
✅Big community of more than 200,000 users;
✅Earn XTM everyday claiming Missions in the Social Network;
✅Sign up with my referral link and complete the verification to earn 12,5 XTM airdrop: https://www.torum.com/?referral_code=makeitreal 

 

2. LayerAI - The ZK Layer-2 that lets you own the monetisation of your AI data. Turn every task of your daily life into a source of income!

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LayerAI is the ZK Layer-2 blockchain that powers the AI revolution. LayerAI (LAI) is a ZK Layer-2 blockchain that that monetizes the AI & data revolution.  This blockchain protocol uses a low-cost, secure, safe, and private zkRollup technology to turn data into a valuable asset - used in AI models to power value creation in many industries. LayerAI is building a sustainable ‘to earn’ ecosystem that pays users for contributing data that is then sold in the global data marketplace. Here you can find the official website: http://layerai.org/

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Download LayerAI and start earning as you live: https://app.layerai.org/referral?code=D3LWL20 or use my code to sign up: D3LWL20

Thanks,
Keep Calm & HODL.
MakeItReal

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