Newdex & Defibox Weekly Repo 18–25 August 2020 EOS EOSIO

Dan Emmailoveyou
5 min readAug 26, 2020

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newdex.io

The Receiving Delay of Cross-chain USDT Withdrawal

Due to the Bitfinex system, the current cross-chain USDT deposit & withdrawal cannot be received immediately. Please be patient! We will pay close attention to it and deal with it as soon as possible after restoring. During this period, your funds are safe, and please rest assured! We are sorry for the inconvenience caused by it.

Newdex Lists TSV/TRX Trading Pair Officially

Newdex launched new trading pair TSV/TRX at 04:00 (UTC) on August 20, 2020.
TRON SV (TSV) is a stakable e-commerce utility token and a Tron network based ecosystem.with staking and mining features .

Official Website: Website

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Defibox Foundation Launches Proposal N.4 Officially

In order to further promote the stability of USN price, the Defibox Foundation officially launches Proposal №4. The voting time is from 07:00 on August 19, 2020 to 07:00 on August 20, 2020 (UTC). The specific information is as follows:

Governance proposal content:

  • Content: USN stable coin annualized rate adjustment, optional annualized rate: 2.0% (unchanged), 2.5% and 3.0%; if the proposal is passed. In addition, the Defibox Foundation will launch a USN interest dividend proposal and open the voting soon.

Defibox Foundation Launches Proposal N.5 Officially

In order to balance the depth of Defibox liquidity pool, based on the data of the average daily trading volume of Newdex in the past 30 days, the Defibox Foundation officially launches Proposal №5. The voting time is from 19:00 (UTC) on August 19, 2020 to 07:00 (UTC) on August 20, 2020, the specific governance proposal content is as follows:

Governance proposal content:

  • Adjust the market-making mining weight of Defibox Swap liquidity pool, and propose four market-making mining weights: 1.0, 1.2, 1.5 and 2.0, of which the weight 2.0 is only used when individual liquidity pools hold short-term activity. The weight adjustment plan for market-making mining is as follows:

(This adjustment only applies to market-making mining, and transaction mining weights remain unchanged)

The Voting Results of BOX DAO N.4 and N.5 Governance Proposals

Voting result Proposal N.4

  • The proportion of the total votes of the proposal to the total BOX staking amount (abbreviation: proposal participation): 83.87 %;
  • The received votes of Option C (annualized rate: 3.0%) accounted for 99.04% of the total votes of the proposal;

The N.4 governance proposal has met the execution conditions. The Defibox Foundation will formally adjust the USN stable coin annualized rate according to Option C (annualized rate: 3.0%) at 09:00 (UTC) on August 20, 2020, and will launch USN interest dividend proposal and open the voting as soon as possible.

Voting result Proposal N.5

  • The proportion of the total votes of the proposal to the total BOX staking amount (abbreviation: proposal participation): 69.17%;
  • The received votes of Option A (agree) accounted for 99.87 % of the total votes of the proposal;

The N.5 governance proposal has met the execution conditions. The Defibox Foundation has started to implement the proposal in accordance with Option A (agree), and officially adjusts and takes effect the relevant liquidity pool market-making mining weights at 07:30 (UTC) on August 20, 2020.

BOX DAO N.1 Governance Proposal Officially Executed

  • Defibox Swap transaction fees is increased to 0.3%;
  • 0.3% transaction fees distribution ratio: market-maker: 0.2%, BOX staking dividend: 0.05% and Foundation: 0.05%;
  • The Defibox Foundation participates in staking, but only participates in voting governance, and does not participate in dividends.

Defibox Foundation Launches Proposal N.6 Officially

Governance proposal content:

  • Content: USN stable coin annualized rate adjustment, optional annualized rate: 3.0% (unchanged), 4.0%, 5.0% and 6.0%; if the proposal is passed. In addition, the Defibox Foundation will launch a USN interest dividend proposal and open the voting soon.

The Voting Result of BOX DAO N.6 Governance Proposal

  • The proportion of the total votes of the proposal to the total BOX staking amount (abbreviation: proposal participation): 54.26%;
  • The received votes of Option D (annualized rate: 6.0%) accounted for 87.35% of the total votes of the proposal

EOS One-stop DeFi Application Platform Defibox (PC) Is Launched Officially

Welcome to use desktop wallets Leafwallet, Scatter, Tokenpocket, Math wallet, Wombat and ANCHOR to log in through https://defibox.io/

DEFIBOX.IO

Defibox Foundation Launches Proposal N.7 Officially

In order to further promote the stability of USN price, the Defibox Foundation officially launches Proposal №7. The voting time is from 19:00 on August 24, 2020 to 07:00 on August 25, 2020 (UTC). The specific information is as follows:

Governance proposal content:

  • Content: USN stable coin annualized rate adjustment, optional annualized rate: 6.0% (unchanged), 7.0%, 8.0% and 9.0%; if the proposal is passed. In addition, the Defibox Foundation will launch a USN interest dividend proposal and open the voting soon.

The Voting Result of BOX DAO N.7 Governance Proposal

  • The proportion of the total votes of the proposal to the total BOX staking amount (abbreviation: proposal participation): 56.43%;
  • The received votes of Option D (annualized rate: 9.0%) accounted for 69.27% of the total votes of the proposal;

Defibox Swap Liquidity Pool EOS+USDT Mining Incentive Activity

The market-making mining EOS+USDT liquidity pool will start a one-week market-making incentive activity from 07:00 (UTC) on August 23, 2020 to 07:00 (UTC) on August 30, 2020. During the activity, the market-making mining weight of EOS+USDT liquidity pool is increased to 2.0 within a limited time.

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Dan Emmailoveyou
Dan Emmailoveyou

Written by Dan Emmailoveyou

Hello, I’m from Italy cryptos & blockchain support. I will help Vigor community develop, progress and succeed. “Dont be a dick, be a dude”

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