[ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin

[yurez]

Weekly DEV Update of StakenetDEX

What we have achieved:
- made progress on debugging AMM UI

Current internal development:
- together with Closed Beta testing and debugging AMM UI v1
- WEB DEX: Layer 2 wallet & backend
- started working on updating the UI
- started working on Hydra Upgrades
https://twitter.com/XSNofficial/status/1394322975424401416

[yurez]

Stakenet DEX: AMM UI

With v1 of the AMM UI closed beta testers can already:
-start & stop grid strategy
-post orders
-react to orders that get filled due to strategy
-start with predefined risk (bigger risk means your orders will be closer to market price)
-change pairs safely

In detail in the article: https://medium.com/stakenet/stakenet-dex-amm-ui-e959c864f7db

[yurez]

Weekly DEV Update of StakenetDEX

What we have achieved :
- released a new version of AMM UI

Current internal development:
- Preparing launch of Hydra Chain testnet 
- Closed Beta testing and debugging of AMM UI
- WEB DEX: L2 wallet & backend
- updating the DEX UI

https://twitter.com/XSNofficial/status/1396915291934887939

[Dalib]

Our XSN Voting & Governance for June is underway!

For those who hold XSN Masternodes make sure to cast your votes via our blockchain DAO & governance platform via your MN controller wallet cli


This proposal is towards achieving roadmap targets https://stakenet.io/roadmap/


Some updates on development:
- Begun Hydra Upgrades (preparing HYDRA smartchain deployment to test net)
- Deployed AMM UI v1 to closed beta, working on stability/ bug fixes
- WEB DEX: Layer 2 wallet & backend
- Started working on updating the UI


XSN governance + treasury is designed to last forever into the life of the project. Long after developers/leadership change, masternode owners  (MN’s) & those who have the most “stake” can continue to fund & support development. [/b]

[Dalib]

Today continue with the monthly recap series which we started last month. 📄

In the 2nd edition we cover:
- Stakenet info campaign
- Hydrachain 🐍
- AMM UI of @StakenetDEX

Read more here: https://t.co/THlFnQ8sDP


Our XSN Voting & Governance for June is underway!

For those who hold XSN MNs make sure to cast your votes via our blockchain DAO & governance platform.

This proposal is put towards achieving roadmap targets, see here for more details/progress:

https://stakenet.io/roadmap/


Some updates on development:
- Begun Hydra Upgrades (preparing HYDRA smartchain deployment to testnet) 
- Deployed AMM UI v1 to closed beta, working on stability/ bug fixes
- WEB DEX: Layer 2 wallet & backend
- Started working on updating the UI


XSN governance + treasury is designed to last forever into the life of the project. Long after developers/leadership change, masternode owners  (MN’s) & those who have the most “stake” can continue to fund & support development.

[greenslope]

It's a disappointment that this DEX isn't yet publicly available... before the next BTC halving?

[yurez]

XSN Mandatory Wallet Update V1.0.28–31 May 2021

We have released our latest core wallet version 1.0.28 which is a mandatory wallet update. This update focuses on patching a critical security bug that we have discovered.
If you host your Masternode on the Stakenet cloud, _https://cloud.stakenet.io/login through MNaaS then we have already updated all Masternode servers and ask you to update your local wallet (the wallet that holds your Masternode collateral).
If you stake your coins through a TPoS then please ensure you have updated your local wallet and your TPoS server to the latest version. If you use a TPoS Merchant then please ask your merchant to confirm that they have updated your TPoS VPS to the latest wallet version.

https://medium.com/stakenet/xsn-mandatory-wallet-update-v1-0-28-31-may-2021-8ad05e8cf138

[greenslope]

XSN Mandatory Wallet Update V1.0.28–31 May 2021

We have released our latest core wallet version 1.0.28 which is a mandatory wallet update. This update focuses on patching a critical security bug that we have discovered.
If you host your Masternode on the Stakenet cloud, _https://cloud.stakenet.io/login through MNaaS then we have already updated all Masternode servers and ask you to update your local wallet (the wallet that holds your Masternode collateral).
If you stake your coins through a TPoS then please ensure you have updated your local wallet and your TPoS server to the latest version. If you use a TPoS Merchant then please ask your merchant to confirm that they have updated your TPoS VPS to the latest wallet version.

https://medium.com/stakenet/xsn-mandatory-wallet-update-v1-0-28-31-may-2021-8ad05e8cf138

so 1.0.27 was buggy... great to have discovered it.

would be nice to have a mn voting tab for the proposal added... (edit: discard if already done).

[NotHatinJustTrollin]

Weekly DEV Update of Stakenet DEX

What we have achieved
- released an updated version of AMM UI

Current internal development:man_technologist
- Preparing the launch of Hydrachain testnet
- Closed Beta testing and debugging of AMM UI
- WEB DEX: backend
- updating the DEX UI

We have also released a new Core Wallet build, v.1.0.28: https://github.com/X9Developers/XSN/releases

[yurez]

Weekly DEV Update of StakenetDEX

What we have achieved:
- released an updated closed beta build with new UI and AMM UI

Current internal development:
- Preparing the launch of Hydrachain testnet
- Closed Beta testing and debugging of AMM UI
- WEB DEX: backend

https://twitter.com/XSNofficial/status/1402010268624949248

[NotHatinJustTrollin]

Stakenet’s vision: Part VI — The future of trading



Also how Stakenet DEX utilizes all this to provide the world’s first decentralized, instantaneous, high-frequency cross-chain trading environment that beats centralized exchanges in performance and incentive. In this (most likely) final article, we will reflect on our blockchain’s past and where Stakenet intends to stand in the future. Make sure to read everything thoroughly as a little surprise is hidden at the end of this article.

Read more: https://medium.com/stakenet/stakenets-vision-part-vi-the-future-of-trading-6def954d07c9

[yurez]

We are proud to release our new Explorer 2.0!

- brand new UI
- plenty of new metrics such as MN and Staking ROI
- displaying total locked $XSN, currently at 40 million dollars
- many more features to be added within the next weeks

https://twitter.com/XSNofficial/status/1381654648780652544

[NotHatinJustTrollin]

We want to finish the Stakenetsvision series with a little goodie for you! 🥰

Participate in the community quiz and get the chance to grab some XSN:

The best 20 best answers will get 75 $XSN each. 👀

https://forms.gle/ff8xQBAwgaXfvjZh6



Rules:
- you must be a member of the English Telegram group or Stakenet Discord server
- if participants achieve the same amount of points, the ones who submitted earlier win
- end of the quiz is 16th June 2021 at 23:59 CET
- there is no recourse to legal action

[argakiig]

Weekly DEV Update

What we have achieved:
▶️ released a new closed beta build with updated UI
▶️ deployed a new @ConnextNetwork hub

Current internal development:
▶️ Preparing the launch of Hydrachain testnet
▶️ Closed Beta testing and debugging of AMM UI & UI
▶️ internal Connext stress tests
▶️ WEB DEX: backend

https://twitter.com/XSNofficial/status/1404524439954460672

[lonerangerh]

Masternode-as-a-Service (MNaaS) upgrade:

As we continue to improve the Masternode-as-a-Service (MNaaS) functionality of the Stakenet Cloud, we will start today upgrading the servers to triplicate their specifications.

What has prompted this upgrade?
Our developers have closely been monitoring the status of existing servers, newly created ones for new MNaaS users, and feedback from the community.
A key point was raised that newly created servers can take longer than a day to change into a ready state for the user to enable their Masternode.
As well as existing servers, which could become unstable and require the user to re-enable their Masternodes.

With this in mind, using a server with higher specifications will:

- decrease the wait times from when a new user starts their MNaaS and can then enable it in their wallet.
- increase the stability of the servers which means that your MNaaS node will be less likely to require your intervention.
- become ready for any coming network upgrades.

What does this mean for you?
When a Masternode server goes down and the user needs to re-enable it, they lose a minimum of 4 rewards.
But on average, we calculated an user loses 20$ in rewards (and potentially more dollar value in the future) when one of their Masternodes fail.

With the increased specifications for each server comes an increased cost. The new cost for  MNaaS will increase from $4.50 per month to $9 per month. Keep in mind the MNaaS service doesn't intend to make any profit, but rather provide value to XSN users and the Stakenet network.
We strongly believe that the difference in cost for MNaaS is justified and net positive.
This mean you will earn more, and it will drastically improve the overall user experience by having fewer difficulties in managing your Masternodes; while further strengthening the Stakenet network.

[Dalib]

HYDRA SMART CHAIN UPDATE

What we have achieved
- HYDRA NET ( testnet launch)
- Permissionless white list to qualify HSC validators
- Staking smart contract (to manage validator rewards)

Current internal dev
- HYDRA Gov   
- L2 liquidity pools
- HYDRA Explorer

Check more: https://github.com/x9developers/hydra

[NotHatinJustTrollin]

WEEKLY DEV UPDATE

What we have achieved 💪:

- HYDRA NET ( testnet launch: https://github.com/X9Developers/Hydra
- Permissionless white list to qualify HSC validators
- Staking smart contract (to manage validator rewards)
- new closed beta build with UI updates



Current internal development 👨‍💻 :
- L2 liquidity pools
- HYDRA Explorer
- UI and @ConnextNetwork tests

[argakiig]

We want to give you an update about the Stakenet team and X9 devs:👇

- As Rogue wasn't available anymore in May, we hired a new developer, ChrisYnz. He is now the lead dev at Web UI & DEX. This product is planned to be released to closed beta this month, starting with ETH / USDC

- CK got an offer at a different project which he decided to take. We wish him good luck!

In the meantime, we have been working to hire a replacement business development lead with project management and sales/marketing experience.

[MostlyGhostly]

It's a disappointment that this DEX isn't yet publicly available... before the next BTC halving?

I am not sure what holds the stakenet network at the top of user lists. If u studied the coinmarketcap rankings u would now that stakenet is striding towards the top with determination no other coin has known in a decade, period. Stakenets legs are skimming over the stepping stones in a rush without stoppage or being hit by boredom as the clearly lit path unfolds before the trunk carried forrader by small vagina-shaped cartoon legs under it.

[falce]

impressive how all my "fud" was even better than whatever was put in favor of that bs excuse of an working system