Announcing our Delegator Protection Pool
We announced our new Delegator Protection Pool (DPP), a pool that holds $1,000,000 at the start of each quarter to reimburse any losses that delegators might endure as a result of Chorus One’s operations in the forthcoming quarter. We introduced our DPP to minimise the inconveniences of reward-monitoring for our delegators by assuring more optimal and reliable staking rewards for them in pursuit of enhancing their staking journey.
Chorus One Podcast - Episodes in October
Network Updates
Assets staked with Chorus One: $6,631,870,967.42
With Polkadot parachain auctions beginning this month, Centrifuge is set to compete for a slot. Centrifuge built on substrate aims to connect to the Polkadot ecosystem as a parachain giving it access to the Polkadot and Ethereum ecosystems.
Cosmos announced HackAtom, the biggest hackathon in the Cosmos ecosystem with $1 million in prizes. There are various categories like: Ethereum dApps, interoperability, gaming, De-fi, etc. There are challenges in these categories posted by leading protocols in the ecosystem, the completion of which will earn teams ATOm rewards.
Ethereum’s Altair upgrade is live. This upgrade makes minor changes to incentives, increases slashing severity, but more importantly it enables light client support on the Eth 2 beacon chain.
Dish, an American telecommunications company, becomes the first major telco to use Helium’s 5G incentive model as a part of their 5G expansion.
Injective Pro, a major upgrade to Injective was launched in October. This upgrade revamped the UI of Injective with new marker sliders and information to create a much smoother trading experience for users.
Kava 9 mainnet upgrade is announced, which is set to bring in numerous features, chief of them being the IBC integration. The Kava ignition fund has also sponsored Akash (a decentralized cloud network which will be hosting Kava) and hummingbot an open source crypto trading bot.
Kusama parachain auctions for slots 12-15 are on-going, this is the last batch of auctions to happen on Kusama. So far, Bit.Country, a metaverse creator with NFTs has won a slot raising $91 million for their auction. Picasso, a De-fi smart contract tool, has also won a slot raising $50 million.
Osmosis has conducted its first raise, Osmosis completed a strategic token sale round worth $21m in October. The round was led by Paradigm and included familiar investors like Ethereal, Figment and CEO of Terraform Labs, Do Kwon
pStake, a liquid staking protocol on Cosmos has now launched staking support for XPRT. Now pStake supports two assets: ATOM and XPRT.
Secret has announced its Supernova upgrade integrating Secret with IBC. The upgrade is scheduled for November 11th.
Solana ignition, Solana’s hackathon came to an end in October with 568 projects being submitted. The grand champion was an asset management protocol called Katana and they received a $75,000 prize.
Regen launches an ecosystem fund for early stage investments into startups that would use the Regen ledger and token for their operations. The goal of this fund is to jumpstart the eco-credit space and increase uptake for the Regen token and ledger
Terra launches its Columbus-5 upgrade, connecting the Terra ecosystem to Cosmos by enabling IBC. LUNA and UST are now available on Osmosis, and in this short time Terra has already become the sixth most active zone for IBC on Cosmos with 59,215 IBC transfers over the last 30 days.
Celo concluded its Waves IV grant program with 50 recipients receiving $9.35 MM in total funding. The recipients had products in the categories of: Ecosystem support, technical research, social impact and community.
Wormhole has announced that they now connect to Binance smart chain. Now wormhole bridges Solana, Ethereum, Terra, Polygon and Binance smart chain
We are hiring for the following roles:
See more at: https://chorus.one/careers