Weekly Report|ChainX Launched a Series Grant to Fund Development and Marketing

ChainX
2 min readJun 17, 2020

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1. Ecosystem

The amount of L-BTC lock-up: 13,244

The amount of S-DOT mapping: 1,432,772

The amount of PCX issued: 5,475,200

The rates of PCX locked up for voting:85.06%

2. Community Governance

This week’s Chairman of ChainX Parliament: PolkaWorld

  • On June 11, the ChainX Council launched the open source Grant program, which will provide financial support to individuals and teams that promote the development of ChainX, mainly to provide financial support for software development, community development and market expansion, as long as you are willing to contribute to the ChainX community, and With mature ideas and practical ability, you can apply for Grant!
  • On June 12, the ChainX Council communicated with the development team to determine the feasibility of expanding the validator seat: after Substrate is upgraded to 2.0
  • On June 13, the ChainX parliament discussed and completed the voting on the issue of whether to go online.

3. Development progress

  • Complete the design and development of Bitcoin Prophet 2.0, including

○ Optimize the deposit and withdrawal process to realize automatic operation

○ Add list interface

○ Improve some user experience

  • Referendum contract front-end development, contract development
  • ChainX Signer plans to add bitcoin signature function, currently in the design stage
  • Configure github actions to optimize ChainX Signer release process

4. Community Atmosphere

Community data:

Telegram: 3181

Twitter : 8574

WeChat official account: 4066

ChainX account: 4894

5. Upcoming Events

  • On June 18th, ChainX is invited to participate in the first PolkaDeFi Day held by Polkadot!
  • On June 19th, ChainX is invited to participate in the first online video broadcast “Substrate China Day” jointly organized by the developer community and Parity

About ChainX

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ChainX
ChainX

Written by ChainX

ChainX is a BTC Layer 2 solution compatible with EVM that utilizes Bitcoin as a gas fee, serving as the predecessor network of BEVM.

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