Greetings everyone, these two weeks have come and gone by in a flash. Amid a generally worrisome political, economic and public health landscape, we hustle on like so many others, hoping that things will stabilise in the weeks to come. To all those reading this — wherever you are, stay safe and sanitised! For those who attended EthCC or ETHLondon, be sure to monitor the form as numerous attendees to that conference have since tested positive for COVID-19!

Despite the general sentiment, we’ve seen the Ethereum team was making significant progress with current development. Last week, we had the much-anticipated All Core Dev call which ended up being the longest in history at almost three hours. ProgPoW is pretty much dead at this point. Also, Eth2 Implementers too place, Eth2 quick update no. 9 was published. Nimbus client update is now out, announcing a bounty program restart, a call for a common standard around logs, some thoughts on low-power device constraints, and the latest updates on BLS spec changes. Interoperability this month. Check out testnet updates, code updates, upcoming work and more from the PryLabs team in their bi-weekly update. Moreover, Prysmatic’s Raul Jordan wrote on Eth2: it is happening, it is shipping, and we’re going to make it a reality no matter what. Lighthouse Update mainly goes over the performance gains and optimizations that the Sigma Prime team has made to the Lighthouse client including 70% faster block processing times, 75% reduction in RAM usage and much more. Furthermore, Sigma Prime is building a staking interface for their Lighthouse eth2 client and would like community input. The ETHGlobal team has built a survey to help better understand the developer community.

We’ve seen Ethereum ecosystem flourish over the past weeks. As ANT holders consider transitioning to the next phase of Aragon Network governance in ANV-6, the Aragon Association has published a report reviewing Aragon Network Votes #1–5. The ZRX economics introduced in 0x v3.0 have unlocked the next phase for 0x governance. The team shares the next steps towards a community-governed 0x protocol. The new ZRX economics and staking mechanism are functioning properly, resulting in voting power consolidating around highly active market makers. This completely changes the landscape for 0x governance. The next step in 0x journey towards a 100% self-governing and self-sustaining DAO is to engage power users and enthusiastic community members in the governance process. The development of Augur v2.0 is in its final stages. At a high level, the remaining work is UI integrations for services to improve UX, finding and fixing bugs, and performance testing. Brave has filed a formal GDPR complaint against Google for infringing the GDPR “purpose limitation” principle. It now protects users from being fingerprinted by making them appear subtly different to each website. Coinbase Custody launches a redesigned product experience. The review of Decentraland Public Launch and Treasure Hunt was published: over 12,000 active participants, 66,000 rewards given to 6,385 distinct users 700k+ MANA, 590k ANJ, 82k+ MATIC, 10k+ wearables, 2k+ Cryptokitties, 33 Axies, 25 LAND and two HTC Exodus 1 phones found and bagged. Gitcoin Grants Round 5 will include at least a $50K Public Health Round. Read more below for details. SingularDTV announced snglsDAO Foundation for their media protocol press release. You can now view market data for many of the Uniswap liquidity pools/trading pairs using CoinMarketCap. Balancer contracts are now open-sourced. Gnosis’ Gibraltar-regulated Sight political markets are live. Also, in light of a recent Open Zeppelin post on the Gnosis Safe, the team is sharing information on how web 3.0 creates new phishing threats for users. Zeropool, live on testnet. Monthly update from the MetaMask team going over everything that happened during February. New MEW wallet app gives you full control of your funds and allows you to buy, store, and send ETH and all ERC20 tokens right from your phone! What else can you do with MEW wallet? Read all about it on their Medium. A massive ecosystem report from Kyber this month going over everything that happened during the month of February for the team. Highlights include huge network growth (and KNC price growth), new DeFi integrations, Kyber in the media and much more. PieDAO, a DeFi asset allocation DAO, where governance tokens vote for allocations with fees accruing to the token, introduced. Zerion added support for more DeFi protocols. 8 additional protocols are now supported including Synthetix, Curve, PoolTogether, Aave, 0x, iEarnFinance and InstaDApp. Due to recent market activity and the resulting accumulation of protocol debt in the MakerDAO system, an MKR token auction will occur on the Maker Protocol, tomorrow on March 19th, to recapitalize the system. ConsenSys and EY announced their working project, Baseline Protocol, joined by 12 other firms and organizations including Microsoft, AMD, ChainLink, and MakerDAO. Semaphore, a generic privacy layer for Ethereum applications based on zk-SNARks, released. Golem Hive can be thought of as the first layer of a decentralized cloud. It allows for creating a virtual network of Docker containers on top of the Golem Network. See the first part of our new gWebinars series. LOOM is now available on Kyber Network. Ocean Protocol was partnering with Zühlke, a service provider for innovation projects, technology and business expertise. The OmiseGo team discovered a critical bug in the root chain plasma-contracts v1.0.3. They’ve already merged a fix and will release more details once they complete validation. Check out bimonthly summary of all things Raiden: overall development progress, product updates, event participation and all the other stuff that the team has been up to in January and February. The Status team announced the launch of their new community outreach effort from the Status Network. The first episodes dropping March 11th and March 12th was featured not one but two segments: To the Core and The Roundtable. Zilliqa partners with Switcheo to Launch Zilliqa DEX. Numerai’s ErasureBay live on mainnet, a marketplace for any kind of information, where the buyer can slash the seller if they don’t like the information. Iden3’s zk-rollup is live on Goerli testnet. Zora, a marketplace to buy, sell and trade limited-edition goods, was introduced. Kollateral which aggregates liquidity from the largest flash lending pools like dYdX and Aave, is ive on mainnet. You can now login to TokenSets using email, Ledger, and other web3-enabled wallets such as Status, Alpha Wallet and DappPocket. InstaDApp announced DeFi accounts. Hegic Protocol, on-chain options trading protocol, introduced. The Synthetix team has put together an update that goes over everything coming to the protocol in 2020 — including major upgrades, improvements and more.

As for the social side, Vitalik Buterin and Joe Lubin have a discussion at ETHLondonUK about a range of subjects related to Ethereum in 2020. Moderated by Kartik Talwar of ETHGlobal, the discussion took place on Saturday, Feb. 29, 2020. The video is now out. Check it out below! Moreover, all EthCC videos are online. John Adler, co-founder of Fuel Labs and long time Ethereum Layer 2 scalability researcher joins the Into the Ether podcast. Paul Brody, EY Global Blockchain Leader, joins the podcast to talk about his team’s efforts to bring Ethereum to enterprise clients. CEO and founder of Ethereum wallet MyCrypto join POV Crypto to discuss the DeFi, the best way to leverage it, and the biggest misconceptions around DeFi. In this first episode of the Ethereal Podcast, the hosts interview the Head of Smart Contracts at MakerDAO, Mariano Conti. In the second episode they talk with the VP of Engineering at SKALE Labs, Christine Perry. Jorge Izquierdo featured on Wizard of Dapps. Tune it on!

Ethereans, more to follow! Take care!

Development

GitHub metrics:

Developer activity (from Coinlib.io):

Protocol updates

Ethereum Core Devs Meeting #82 [2020–03–06]

1 hour devoted to the Eth 2.0 BLS signature/EIP-1962 and a second hour devoted to ProgPoW.

The BLS curve discussion is to discuss the following EIPs:

The ProgPoW discussion is to discuss, primarily:

Technical updates on ProgPoW.

Community approval/dissent of ProgPoW.

Next steps for ProgPoW.

Pro-ProgPoW Representatives:

Kristy-Leigh Minehan

Michael Carter (a.k.a Bits Be Trippin)

Anti-ProgPoW Representatives:

Martin Köppelmann

Matt Luongo

Representing His Compromise Idea:

Ben DiFrancesco

Next call: March 20, 2020 14:00 UTC

Notes. ProgPoW appears to be dead.

A ProgPoW exploit from Kikx. Kristy’s explanation.

A summary of the post-EthCC Stateless Eth meetings. Renewed focus on sync, particularly getNodeData.

Trinity v0.1.0-alpha.35, Beam Sync with better pivots, -goerli flag, ENRs.

Eth2.0 Call #34 [2020/3/12]

Testing and Release Updates Client Updates Research Updates Networking Spec discussion

Notes from Ben and Mamy. Phase 1 prototyping coming soon.

Latest phase 0 spec v0.11, the target for stable multi-client testnet.

Ben Edgington’s notes from networking call.

eth2 quick update no. 9:

Nimbus client update: interoperability this month, announcing a bounty program restart, a call for a common standard around logs, some thoughts on low-power device constraints, and the latest updates on BLS spec changes.

Eth 2.0 Dev Update #45 — Prysmatic Labs: Testnet updates, code updates, upcoming work and more from the PryLabs team in their bi-weekly update.

Prysmatic’s Raul Jordan: Eth2 is happening, it is shipping, and we’re going to make it a reality no matter what.

Lighthouse Update #22: This update mainly goes over the performance gains and optimizations that the Sigma Prime team has made to the Lighthouse client including 70% faster block processing times, 75% reduction in RAM usage and much more.

ETH 2.0 UX Survey: Sigma Prime is building a staking interface for their Lighthouse eth2 client and would like community input — do that here.

What’s New in Eth2–6 Mar 2020: In this update, Ben gives us a great rundown of the state of the eth2 testnets, an EthCC recap, research updates and much more.

Development tools

ETHGlobal Survey: The ETHGlobal team has built a survey to help better understand the developer community. You can win various prizes for helping to fill it out — do that here.

Solidity v0.6.4.

New Storage Layout For Proxy Contracts and Diamonds: A storage layout for proxy contracts taking advantage of Solidity v0.6.4.

BSol: benchmarking Solidity computation and gas usage.

Truffle v5.1.16 — better debugger/decoder with Solc v0.6.3.

10x smaller Javascript signer/verifier.

Interacting with Ethereum using a shell through Incubed ultra-light client.

Groth16 bellman proof verifier.

Templates with pre-filled contract ABIs, addresses and subgraphs for Aave, Compound, Sablier, Uniswap:

Prysmatic’s service registry pattern in Go.

Implementing Merkle Trees and Patricia Tries in Node.js

OpenZeppelin points out that a malicious deployer can backdoor your Gnosis Safe.

SmartBugs: Framework for executing Solidity automated analysis tools, with an academic paper comparing tool performance.

Any.sender tutorial — tx relayer that ensures block inclusion by a certain time.

Kollateral flash loan pool aggregator, available through JS or Solidity:

Why ENS had to migrate due to samczsun’s bughunting.

Easy multi-contract analysis with Mythril.

Fast modular multiplication in Go library.

Understanding event logs.

Terminal and IPFS for easy frontend deployment.

Argent’s method for easy wallet access, one click transactions, available as npm package.

Web3connect is now web3modal, still focused on being a web3 solution for all wallets.

Pipline onchain interpreted language video:

Austin Griffith video on wallet module for eth.build:

Governance and new standards proposals

Livepeer Governance Roadmap Proposal.

SingularDTV announces snglsDAO Foundation for their media protocol press release.

What DAOs can learn from the Swedish Pirate Party.

How to quickly create your own DAOstack DAO.

Aragon removes AGP voting for ANT holders:

An update on EIP1559 — predictable transaction fees and intrinsically tying ETH to the protocol.

FakerDAO — pool your MKR to sell votes to the highest bidder.

OracleDAO — a MolochDAO style booster of Augur/REP.

0x governance update, progressing toward full decentralization.

Follow the EIPs repo.

Ecosystem updates

So far, 9 attendees of EthCC have tested positive for COVID-19:

EthIndia’s online hackathon winners.

DuneAnalytic’s stats for smart contract wallets:

4GB DAG size and potential hashrate impact.

Semaphore: a generic privacy layer using snarks, audited and ready for devs to build on.

Zeropool, live on testnet:

Questions DeFi users should ask their DeFi apps.

Linda Xie’s list of oracles per DeFi project.

Ethereal New York 2020 will now be Ethereal Virtual Summit 2020:

Devcon: What is Ahead:

The team is well underway in planning for the first Devcon in which Eth2’s beacon chain is live and ether is staked! In addition to the improvements listed above, they are planning for an event with continued dogfooding, a smoother ticketing process and more — all to be outlined in coming posts.

As for this year’s region, the Devcon 6 search began prior to Devcon 5 with an understanding that the further ahead they are in terms of planning, the smoother the process will be for all attendees. After listening to community input, undergoing a thorough site-search in over 10 cities, the team confident that they have landed a region and venue that are truly deserving of the event, and that accomplish every goal laid out above to help make this the best Devcon ever.

The team will be announcing the location of Devcon 6 shortly — keep an eye on the EF Blog for more on site-selection, and for early application information and more.

How Citi and ConsenSys use Ethereum for commodities trade finance.

EY, Microsoft and ConsenSys announce the Baseline Protocol, using mainnet as a message bus for enterprise that is private using snarks.

Paul Brody’s Baseline Protocol explainer, based around the enterprise volume procurement prototype.

“Morningstar Rates First Ethereum Security In $40 Million Fatburger Deal,” with the deal structurer aiming at doing 500m USD in projects this year on mainnet.

Providing Insurance on Opyn.

Building Liquidity into Token Distribution.

Rewards and Penalties on Ethereum 2.0 [Phase 0].

The Ethereum FinOps Stack.

Ethereum DAG Size and Hash Rate Impact.

Set: The Ultimate Money Lego.

Black Thursday for MakerDAO: $8.32 million was liquidated for 0 DAI.

Projects updates

0x Governance in 2020 and Beyond: ZRX economics unlock the next phase.

As the team mentioned in the last update, there is a long road ahead to mature as a community, to ensure accountability in managing 0x protocol as a public good, and thereby create the conditions necessary for a tokenized world where value can flow freely. The following chart outlines the desired multi-year roadmap.

The focus this year is primarily to grow engagement in 0x community. The team will measure the success through community voting participation and staking, which directly correspond to the empowerment of 0x stakeholders. They launched ZRX Portal to be the central hub for these activities, to complement their current channels (ZEIP, dev calls, open source repos, discord).

The actions the team plans to pursue to achieve this objective are shared below.

The team recently released ZEIP-76, which proposes the formalization of a new ZEIP process. ZEIP stands for “ZeroEx Improvement Proposal”, and was introduced to serve as a communal public square where anyone can propose and drive consensus around a change in the 0x smart contracts pipeline. This ZEIP creates more concrete guidelines around proposing future ZEIPs, based on feedback received from their peers in the ecosystem.

The principal changes introduced with this new proposal are:

formal categories and phases for ZEIPs, with corresponding tags/labels on Github

new mandatory fields in each ZEIP that identify a designated development team and security audit sponsor (where applicable)

signaling for specific types of ZEIPs, pre-implementation. Inquire the community via a poll to assess a ZEIP’s early specification and the potential impact

a committee that facilitates the ZEIP process and manages the ZEIP queue. The committee will initially be composed of core team members, but we intend to open it up to all interested/qualified individuals.

The team is planning to put this ZEIP up for a vote in March.

Governance over staking economics parameters:

The stake-based liquidity incentives introduced in 0x v3.0 have begun shifting voting power towards market makers. A small set of parameters dictate how ETH flows through the 0x smart contracts and ends up distributed to market makers and token holders. These parameters were designed to be upgradeable by the community. Based on the feedback the team has received from the community so far, there is significant interest in experimenting with these parameters through governance. They are planning to gather feedback, propose and launch votes that allow stakeholders to modify these parameters in the next few months (for example, epoch length, alpha, delegated stake weight).

Increase system modularity for smoother upgrades:

Currently, even a small update to a single function within the Exchange contract requires the entire contract to be redeployed which causes breaking changes across the ecosystem. For example, all the developers that recently migrated to v3 had to point at a different exchange address, creating friction in the process and fragmenting markets.

The team feels they need to solve this problem to increase the speed of iteration and allow for upgrades without lumping many proposals together into monolithic upgrades. Also, they want to reduce the disruption brought by fixing potential inefficiencies or vulnerabilities limited to very specific parts of the pipeline.

They are planning to work on a specification that will be presented to the community. The proposal will need to be accepted in the preliminary signaling poll, then implemented, and finally accepted again by the community before being deployed. It will dramatically decrease future breaking changes introduced by protocol upgrades.

On-chain governance:

In 2021 the team is planning to work on maximizing the onchain portion of the governance system, reducing trust critical points in the deployment of upgrades. While this is subject to the completion of other roadmap items, they can start testing such a system for lower stakes changes that don’t require the deployment of new smart contracts.

As mentioned above, this year they will kick-off and encourage proposals and votes on staking parameters using their placeholder off-chain voting mechanism. In the meantime, the team will work on a binding onchain system that will make it possible for the community to drive a change of parameters without any intervention of the 0x Core team. This will likely be coupled with a user-friendly experience in ZRX Portal where changes can be proposed.

Continue overseeing the growth and the health of ZRX stake-based liquidity incentives:

While ZRX staking has only recently begun, the system is already showing dynamics that converge towards the game theory equilibriums the team targeted. Theyvare planning to evolve ZRX Portal to make it easier and clearer for ZRX tokenholders to delegate their voting power to the best staking pools. They will also work with the pools operators to help them maximize the rewards they collect and share to tokenholders, to approach market equilibrium.

Watch 0x March dev call to learn about updates on 0x protocol, 0x API and more!

Calling all 0x developers and community members! Please fill out the H1 survey to let the team knows how they are doing. Your feedback is invaluable and will help inform their roadmap. The survey will remain open through March 31.

Aragon Network Vote #6 is over. Final results are in: ANT holders have voted YES to sunset the AGP process in preparation for Phase 3 of the Aragon Network launch.

Full blog post with details and next steps will be published soon!

Check out Final details for Aragon Network Vote #6.

A report on Aragon Network Votes #1–5:The Aragon Association is proud to have created and participated in one of the earliest experiments in on-chain governance signalling to go live on Ethereum mainnet. From analyzing the data on the AGP process, including “off-chain” activity in the Aragon forum and AGPs GitHub repo, and “on-chain” voter activity, the team comes to several conclusions.

The first conclusion is that the governance process has been a great tool for community engagement. There have been moments of contention, as there are in any community, but for the most part the AGP process has been a galvanizing force rallying the community together around a shared vision for progress of the project’s goals. They hope to keep this spirit alive as they transition from an Association-centric to a Network-centric governance model.

The second conclusion is that while the team has accomplished a lot with the relatively simple on-chain governance tools available to them right now, they need to continue pushing to develop more sophisticated tools to better capture the broad range of opinions in the community. Examples include the implementation of “Quiet Ending Voting”, which extends the duration of a vote if the outcome is flipped last-minute. Another example is “Delegated Voting”, which gives voters the ability to delegate their vote to another address; an important feature for passive voters to be able to entrust their vote to more active voters, but also useful for certain ANT custody setups. In short, there are techniques from both traditional voting systems and newer on-chain voting systems that the team can adopt to improve decision-making and harden the governance system against attack. An in-depth exploration of these techniques and prioritization of their implementation in the Aragon Network is an interesting and important line of inquiry left for future work.

A final conclusion they’ll end on is the observation that while the AGP system embraced debate and politicking as the primary means of consensus-building, they should also experiment with giving direct control of certain decisions to an apolitical decision-making process. The team is thinking in particular about futarchy, which relies on market forces rather than politics for decision-making. Futarchy is unlikely to be well-suited to every decision that needs to be made but they have yet to explore in-depth what kind of proposals it is well-suited for. If they can move at least some decision-making into the realm of markets rather than politics this could save ANT holders much time reviewing, debating, and voting on proposals, instead leaving decisions to the most knowledgeable stakeholders who are willing to “bet on beliefs”.

The team is excited to take the insights gained through the production of this report and use them to improve Aragon Network governance in the next and final phase of the Aragon Network launch and beyond. As they close one chapter of Aragon governance and open another, they look forward to working with the Aragon community to uphold the Aragon Manifesto and fulfill their shared vision for building a digital jurisdiction open to the world.

COVID-19, Recession, DemNom, and General Election According to Betting Markets: Augur Weekly | A Look at the Week in Political Betting, Augur News, and More.

Further Reading, Listening, Watching, and Discussing:

The Prediction Markets Discord Channel has lively discussion on all things political trading. While you’re at it, don’t forget to check out the Augur Discord.

Election Profit Makers Podcast

Augur v2 Development Update: The development of Augur v2.0 is in its final stages. At a high level, the remaining work is UI integrations for services to improve UX, finding and fixing bugs, and performance testing

Formal GDPR complaint against Google’s internal data free-for-all: Brave has filed a formal GDPR complaint against Google for infringing the GDPR “purpose limitation” principle. Enforcement would be tantamount to a functional separation of Google’s business.

Brave and TAP Network Partnership Connects Consumers and Brands via Blockchain: Brave Users Can Now Redeem BAT for Real-World Rewards from Top Brands in the TAP Network.

What’s Brave Done For My Privacy Lately? Episode #3: Fingerprint Randomization: Brave now protects users from being fingerprinted by making them appear subtly different to each website.

Brave to generate random browser fingerprints to preserve user privacy: Brave’s new approach aims to make every browser look completely unique, both between websites and between browsing sessions.

Coinbase rolls out Bitcoin transaction batching. By bundling transactions, Coinbase users may experience network fee savings of more than 50%. Batching also helps free up space on the blockchain and improves Bitcoin scalability for all network users.

Coinbase Custody launches a redesigned product experience.

Crypto giveaway scams and how to spot them.

Generalized Economic Abstraction.

Decentraland Public Launch and Treasure Hunt — In Review:

Over 12,000 active participants. 66,000 rewards given to 6,385 distinct users 700k+ MANA, 590k ANJ, 82k+ MATIC, 10k+ wearables, 2k+ Cryptokitties, 33 Axies, 25 LAND and two HTC Exodus 1 phones found and bagged.

The Decentraland Public Launch made one hell of an impact in the Metaverse, with the effects being felt right across the virtual and crypto space.

The team thanks everyone for their participation, their consistently helpful feedback and, above all, their patience.

New to the Decentraland Marketplace: use their new search bar to look for names and wearables, take advantage of new advanced filters. Try it now:

The District Weekly — March 14th: News and updates from the district0x Network.

The District Weekly — March 7th.

district0x Dev Update — March 3rd, 2020: Development progress and product changes from district0x.

Gitcoin Grants Round 5 (starting 3/23) will include at least a $50K Public Health Round. Read more below for details.

The Impact of Phishing on Web 3.0: How to keep your smart wallets safe.

In light of a recent Open Zeppelin post on the Gnosis Safe, the team is sharing information on how web 3.0 creates new phishing threats for users.

Important for devs: They’re deploying new Safe factory contracts to prevent this exploit during deployment.

Foresight is 2020: Political prediction markets are live on Sight!

An attendee at the Gnosis happy hour in Paris, which took place on March 4th in the evening, was diagnosed with COVID2019:

gWebinars Part 1: Building on top of Golem with gWASM: This is the first part of Golem new series, this year the team will be bringing out a set of webinars aimed at showcasing Golem, with the goal of expanding to our community and helping developers get involved in the Golem Project.

Golem Hive — building a cloud with the Task API (and then some more): Golem Hive can be thought of as the first layer of a decentralized cloud. It allows for creating a virtual network of Docker containers on top of the Golem Network.

Golem Bug Bounty Competition: The team has extended Golem bug bounty competition till June 20, 2020 — if you discover any vulnerabilities in Golem, they’ll be happy to reward (only applies to security-related bugs!)

Keep Network:

Keep has been moving to open-source as much of its libraries as possible, and last week the team released one more — the reference dApp for tBTC is now open on their github.

Kyber Ecosystem Report #12: These ecosystem reports serve to keep you updated on everything that’s going on in Kyber world and this month the team looks at the latest Kyber on-chain numbers, mention a certain important listing for KNC, update you on the team’s Katalyst discussion sessions in Vietnam, and much more.

Kyber Network Stats:

February was a standout month for Kyber as it hit new monthly and daily volume records and achieved its all time highest number of users and number of new users in a month. USD volume for February was an impressive $139,590,000 while on the 13th of the month it hit $11M traded on a single day. Kyber also surpassed $5M daily trading in a third of the days in February and continues to cement itself as the largest liquidity provider in the Ethereum space as the Ethereum-wide dex volumes show below.

At an integration level, almost all Kyber integrations saw increases in their USD and ETH volumes over January with most doubling their volumes:

Kyber Katalyst:

With the Katalyst launch fast approaching, the Kyber team met up in Ho Chi Minh City to finalize key aspects of the protocol upgrade. They discussed staking smart contract features, audit strategy, UI/UX considerations and dozens of other topics. The more the team works on this, the more they are convinced they are building towards the next significant level of decentralization in this space, one that combines a successful platform/product/ecosystem with an ambitious self-governing autonomous organization.

Katalyst is their opportunity to make Kyber better and it’s not limited to a new staking model and DAO, they are bringing important new functionality to the swap execution side. Here’s a previously unannounced teaser for you: the protocol will be able to split single orders across multiple reserves to achieve optimal prices (at the moment, swap execution is routed only to the single best priced reserve), for example, if a user wants to swap 100 ETH to DAI, this large order can be broken into smaller pieces that are split amongst Oasis, Uniswap and Kyber reserves to achieve the most optimal rate for the user.

Integrations will also have the flexibility to source their liquidity from the specific reserves they want or even get their liquidity from certain reserve types. Kyber integration partners had previously requested this feature and the team is happy to be able to bring it with Katalyst.

Kyber is now officially on Discord! Starting March 11th, Discord will be the Kyber Network team’s official community discussion platform. Their current Telegram groups will remain, but all official announcements and discussions will happen on the Kyber Network Official Discord server. Kyber community ambassadors DeFi Dude and Mark will be helping to moderate their current English Telegram group.

Kyber in Colorado: ETHDenver Recap: A recap post by the Kyber Network ambassador, DeFi Dude.

LOOM is now available on Kyber Network.

Thursday’s global selloff of risk assets led to the most negative price action day of crypto’s short history. The selloff inflated gas prices (~200 gwei) which caused trouble for Maker. The Maker oracles stopped working for an hour or two.

Maker liquidation auctions went off for nearly 0 DAI as bots bidding on those auctions got caught in high gas prices and ran out of DAI, leading several different bot maintainers to make ~8m USD in ETH by bidding just above zero in a few disparate time periods.

As a result, the Maker system surplus became a 5.7m Dai deficit (as of the time of publication). To improve incentives, Maker governance changed some parameters and to recoup the debt MKR will be auctioned onchain for lots of 50,000 Dai on the morning (UTC) of March 19th.

Community members have started a backstop to ensure the deficit is covered.

Here is a writeup of the Maker liquidations with data and graphs.

Maker governance proposal to change DSR to 0 and Stability Fee to 0.5%, GSM to 4 hours, and a decentralized circuitbreaker for auctions

MetaMask Monthly: February 2020: Monthly updates from the MetaMask Team.

MEW wallet: From Zero to Crypto, Fast and Safe: MEW’s new, fully functional mobile wallet app is now available on iOS, Android; compatible with Samsung Blockchain devices.

Ocean Protocol and Zühlke team up to push an Open Data Economy for Healthcare: Alternative to Amazon & Co.: Using Health Data Sustainably.

Ocean Protocol was partnering with Zühlke, a service provider for innovation projects, technology and business expertise. The goal of the collaboration is to create solutions for pharma, medtech and life science companies that facilitate an open data economy for healthcare without losing control over the data. Zühlke will provide expertise in evaluating and implementing innovation projects while the technological basis for these solutions is Ocean Protocol’s decentralized data exchange protocol.

Ocean x Legal Tech: Democratization through Decentralization: A retrospective deep dive into Ocean Protocol week at the Legal Tech Conference in Berlin.

Radical Markets and the Data Economy: A Web3 Data Economy to Catalyze Prosperity for Society.

Web3 Sustainability I: Survey of Ecosystem Funding Programs:

The main question is: How do we make the ecosystem not only self-sustaining, but growing?

This is a big question. To begin to approach it, this article asked: What is the range of possibilities for funding structures?

Towards an answer, the team surveyed business models seen in Web2, and especially ecosystem funding structures in Web3. Then they distilled the structures into several dimensions, with possible values for each. These dimensions will help formalize the design of funding structures.

This is the first of several articles. In the next article, they ask: how do we ensure that the value from projects exceeds the value injected into them (on average)? Stay tuned!

The team discovered a critical bug in the root chain plasma-contracts v1.0.3. They’ve already merged a fix and will release more details once they complete validation.

As a consequence of this issue, they were deploying a new testnet environment on Thursday, March 12th.

Open Sourcing Our React-Starter-Kit! One of the goals with the OMG Network during this testing and validation phase is to ensure as many of you interact with the network as much as possible. Not only does it help the team find bugs but it also familiarizes you with the network and its subtleties.

In pursuit of that goal, they’ve open sourced our react-starter-kit. This is an example application that implements the omg-js library and the use of web3 for signing transactions.

This react-starter-kit lets you do more with omg-js than the previous js-starter-kit and gives you more examples of integration with the network. You can also perform key interactions with the OMG Network using this application, such as depositing ETH and ERC20 into the network, transferring assets, exiting UTXO’s and processing exits.

For more information on initial setup and on how to run the application locally click HERE.

Alert — impersonated emails: The team has learned that emails impersonating Parity Technologies team members are being circulated from domains other than parity.io. They only use @parity.io emails when communicating with partners, clients and community; parity.com is owned by an entirely different company. If you have a question regarding whether an email is legitimate, please contact security@parity.io.

Raiden Pulse #10: News from January and February: bi-monthly summary of all things Raiden: overall development progress, product updates, event participation and all the other stuff that the team has been up to in January and February.

Nimbus status update — March 6th.

Breaking Down the Private, Secure Messenger.

Inside the Non-Custodial Wallet.

Uniswap: Unstoppable Exchange.

What’s with DeFi and Money Legos?

#EverythingStatus. Announcing The New Status Podcast:

The team announced the launch of their new community outreach effort from the Status Network. Less than three months ago they announced the launch of their Discord community and thanks to Jakubgs the 🧙we have bridged the Discord server with Status V1, ensuring a seamless community experience.

In an effort to strengthen our relationship with the community the team presents to you #EverythingStatus — a podcast where each episode will treat you to an in-depth conversation between Status core contributors, ambassadors, community members and leaders of the industry. They’re committed to bringing you unfiltered press and transparency.

The first episodes dropping March 11th and March 12th was featured not one but two segments: To the Core and The Roundtable.

How to market a Data Union. Did you see the preview of the community-built MyDiem DatUnion in the latest Streamr dev update? MyDiem will let users crowdsell their app usage information on the Streamr Marketplace. See what’s coming!

Dev Update February 2020: This month, the team made a lot of progress on the Network and Data Unions (formerly Community Products). They recently published a blog post on a research study they conducted, with support from Wilsome, to learn more about user perceptions and expectations regarding the Data Unions (DU) concept. One of the example pilot projects built on top of our DU framework is, of course, Swash — check out their recently released roadmap for 2020. If you are interested in building on top of the DU framework too, or if you have some interesting use-case ideas, feel free to share them in the community forum and maybe receive a grant too.

Network:

All planned experiments (up to network size of 2048 nodes) were run without blockers, producing 20GB of logged metrics for analysis. So far analysis shows close to expected results, but requires additional inspection

Working on WebRTC: most tests passing except storage-related ones

Cross-client tests for end-to-end encryption reaching almost MVP stage

Engaged BlockScience team for token economics study and hosting initial workshop for end of March

Data Unions:

Smart contract security audit is in progress. The whole process to be completed by mid-March

Frontend work for DU is pretty much finished and in design review

Data Union server is being improved to answer requests even while a new Merkle tree computation is in progress (making it non-blocking)

Data Union server needs to be tested and deployed in watcher/validator mode for load balancing of incoming requests

Backend permission overhaul work is 90% done. Related frontend work is waiting for backend work to complete.

Core app (Engine, Editor, Marketplace, Website):

Use case pages are nearly ready, just require a design and SEO review

Uniswap tests on mainnet were successful, pending on frontend sign-off

New Marketplace v2 smart contract finalised, which adds the option to set a transaction fee.

Switcheo Partners with Zilliqa to Launch Zilliqa DEX. With the new Zilliqa DEX, Zilliqa token holders and traders will have the ability to tap into digital assets on the Ethereum blockchain for the first time, essential to bolstering the growth of Zilliqa’s DeFi ecosystem.

Zilliqa Monthly Newsletter — February 2020.

Other project’s updates:

Numerai’s ErasureBay live on mainnet. A marketplace for any kind of information, where the buyer can slash the seller if they don’t like the information.

Balancer’s code is open source. After several months of heavy development, the Balancer core contracts are now open-sourced here.

Building liquidity into token distribution, highlighting the flexibility of Balancer.

iden3’s zk-rollup is live on Goerli testnet, ongoing work to reduce the proof generation bottleneck.

Unstoppable Domains adds a Chromium-based browser running a local IPFS node.

Instadapp’s DeFi accounts to abstract things away for DeFi users.

Introducing Zora: Zora is a marketplace to buy, sell and trade limited-edition goods. All of these goods are launched as tokens which enables these goods to be dynamically priced, fractionally traded and launched before the item even exists.

Argent Raises $12mil: Ethereum mobile wallet Argent has raised $12 million in a round led by Paradigm with participation from Compound’s founder Robert Leshner , Index Ventures, Creandum, and firstminute.

LINK/ETH RSI Ratio Trading Set Released: The LINK/ETH RSI Ratio Trading Set implements a crossover strategy on the LINK/ETH simple RSI. At a high level, if the LINK to ETH ratio falls below support, LINKETHRSI rebalances 100% LINK into ETH with the expectation that ETH will continue outperforming LINK. Conversely, if the ratio rises above resistance, the Set rebalances into LINK expecting that LINK will continue to break out against ETH.

Introducing PieDAO: The Pie DAO is a decentralized organization dedicated to bringing market accessibility and economic empowerment by providing a governance layer to tokenized portfolio allocations available to anyone on the Ethereum network.

InstaDApp Announces DeFi Accounts: DeFi Accounts are a platform that provides users and developers with a single point of integration to access all the DeFi protocols.

DeFiSaver’s 1click transaction CDP closing using flashloans.

TokenSets Launches New Login Flow: You can now login to TokenSets using email (via Fortmatic), Ledger, and other web3-enabled wallets such as Status, Alpha Wallet and DappPocket.

Synthetix Product Roadmap Update: The Synthetix team has put together an update that goes over everything coming to the protocol in 2020 — including major upgrades, improvements and more.

Baseline Protocol Announced: ConsenSys and EY announced their working project, Baseline Protocol, joined by 12 other firms and organizations including Microsoft, AMD, ChainLink, and MakerDAO. The new protocol allows enterprise synchronize data with collaborators via the Ethereum blockchain without having to publicize all business records.

Semaphore Released: Semaphore is a generic privacy layer for Ethereum applications based on zk-SNARks. This open-source library allows any user to signal their endorsement of an arbitrary string, revealing only that they have been previously approved to do so, and not their specific identity.

Bluestone fixed rate loans and deposits, live on Rinkeby testnet.

HavenSocial, a web3 alternative to Facebook where you own your own data.

Hegic Protocol, on-chain options trading protocol.

Introducing the Ren Alliance: The Ren Alliance is a consortium of DeFi companies and/or projects that are helping secure, develop, and utilize RenVM.

Sell music tracks with Unlock + IPFS + ENS: