State of the network as of August 4, 2024:
- 2.1 billion TARA staked and delegated
- 70 active consensus nodes on the Mainnet
- 3,111 active consensus nodes on the Testnet
- 12,892 unique wallet addresses on the Mainnet
Ecosystem Highlights:
- The Ficus Root Bridge has been deployed on the Mainnet and will activate in ~7 days on August 7, 2024! The dev team is working closely with the validator community as well as exchange partners to ensure a smooth network upgrade.
- A long-line of DeFi ecosystem projects will be launching soon after the Ficus Root Bridge, LFG Taraxa!
- LARA_DAO, the first liquid staking protocol on Taraxa, sold out its presale in under 7 hours! Liquid staking is a critical infrastructural component as well as catalyst for Taraxa’s DeFi ecosystem, marking an excellent start!
- Taraxa’s Social AI ecosystem is growing! We’re signing up partners such as CryFi to broaden the reach of our AI-generated trading signals from trendSpotter, the automated trading AI model built on top of Taraxa Echo.
- FusyFox, the first AAA game on Taraxa, has broken through over 2,104 unique active wallets! FusyFox brings along not just a AAA arena shooter to the Taraxa ecosystem, but also a full suite of gameFi to enhance the gaming experience. Check it out if you haven’t already!
- Tara.to, the first fully community-built and operated explorer, has been quietly indexing all of Taraxa’s on-chain contracts, enabling the community to verify & track all their asset holdings in one place!
- Fusy.app is launching soon! It’s a DEX + Launchpad + NFT marketplace all rolled into one. Check out our AMA to learn more about Fusy.app’s features, its incentive system, and future roadmap!
- Check out our June 2024 Monthly Dev Update.
- Ficus Root Bridge’s final audit by Trail of Bits has been completed and the dev team is following up with their findings with the final audit report on the bridge issued soon after.
- We’ve been working on a complete rebranding of the Taraxa project to make our market presence more consistent and professional. Stay tuned for more updates!
🪁 Keeping up with the latest in Taraxa
Stay tuned! 🪁
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