EOS Weekly Report | EOS currency price breaks annual low; EOS DApp daily activity drops by 80% compared with the same period last year (3.9-3.16)

Events of the week

Events of the week

Last week, the price of EOS fell to an "epic level" new low. The price of the currency once bottomed out at $1.46 due to the linkage of the broader market. It fell by 34 points within the week. After bottoming out at a new low, the price of EOS recovered slightly during the weekend and is now at $2.05, an intraday increase of 4%.

image description

Secondary market

Source: Coinmarketcap

2. Project dynamics

technology

1. Main network data

2. Project dynamics

text

BB, the CEO of Block.one, just posted multiple tweets saying that I am personally worried that the recently proposed EOS Worker Proposal System (Worker Proposal System) may have an impact on the network. Socially empowering BPs to channel token holder funds into projects with no clear or measurable return of value is risky and could open the door to corruption and external scrutiny. Additionally, the WPS system may alienate EOS from some others in the blockchain community and media, so its future largely depends on the success of the WPS system itself. My concern is the risk profile and odds of this gamble. Decentralized funding is exciting, and I'm very supportive of exploring these models, but I believe that without sustainability, execution, and measurable returns, they're poorly anticipated.

3. Node/community dynamics

3. Node/community dynamics

EOS Nation proposes to establish EOS WPS and releases details of EOS WPS proposal

EOS Nation and Attic Lab jointly designed the EOS WPS and released the details of the EOS WPS proposal. EOS WPS is EOS's Worker Proposal System that enables developers and other value creators to seek funding from the EOS blockchain for projects other than their EOS block rewards. It is reported that this decentralized voting and distribution mechanism is governed by the rules coded in the WPS smart contract, which allows any EOS account to propose a budget for its specific project, and it is voted on by the large producers elected by token holders . Each approved proposal is paid directly from the eosio.wps account to the EOS account that proposed the work.

EOS Nation will delay removal from the blacklist

EOS Nation stated that it will postpone the removal of the node blacklist until the community has further discussions on the matter and reaches a consensus before taking action.

BigGame plans to destroy unissued 440 million BG

The BigGame team continuously repurchases and destroys BG from the secondary market with reference to community opinions to improve the value storage function of BG. Since 2018, a total of 17 times of repurchase and destruction have been carried out, with a total of 29 million BG destroyed. According to the feedback from players and the community, the team decided to take the following measures to further enhance the value of BG: 1. BG mining is now approaching the end of the 8th round, and we will inject another 80 million BG into the mining pool, the rate and the 8th round Keep consistent, stop digging, and then bet no longer get BG. 2. candy.bg reserves 20 million BG, which is used for daily rollback candy, red and black battles during festivals, and red envelopes for watching Niu Niu in Shangzhuang. (This part of BG is not pledged, not distributed and not circulated) 3. In addition to the 100 million BG allocated above, the remaining unissued BG will be permanently destroyed at one time, with an amount of about 440 million BG. The upper limit of BG was reduced from 970 million to about 530 million at one time. 4. The repurchase account buyer.bg will resume continuous injection of 0.1% from the dealer fee of Shangzhuang Niu Niu. The daily monthly repurchase and destruction from the secondary market remains unchanged, accelerating deflation.

4. News

4. News

DappRadar: Active users of Ethereum DeFi applications increased by 294% year-on-year in February, and EOS as a whole dropped by 80%

DappRadar: Active users of Ethereum DeFi applications increased by 294% year-on-year in February, and EOS as a whole dropped by 80%
The data analysis platform DappRadar compared the active users (calculated by independent addresses) of Ethereum, EOS and TRON projects in DApp use in the latest monthly report. Overall, Ethereum has grown significantly, EOS has dropped significantly, and TRON Continue to focus on high-stakes gambling areas.

The South Korean military implemented an EOSIO-based system, and the number of applications exceeded 50,000 in the first month

ecology

ecology

1. Super node election

According to EOSPark data, the number of accounts on the EOS main network currently exceeds 1.779 million, and the number of registered nodes has reached 609, compared with no new nodes last week.

The EOS node election is in progress, according toEOS AuthorityAccording to the data, so far, about 423 million EOS have been invested in voting, accounting for 41.65% of the total equity of EOS, a decrease of 3.53% compared with the data a week ago.

according toBlocks.io Currently, there are 655 EOS DApps developed.

2、DApp

• Data overview

Currently, there are 655 EOS DApps developed.

The DApps with relatively good growth in terms of the number of users on the 7th day, the total amount of transactions on the 7th day, and the number of transactions on the 7th day this week are:

The DApps with relatively good growth in terms of the number of users on the 7th day, the total amount of transactions on the 7th day, and the number of transactions on the 7th day this week are:

The PIZZA-USDE system can rely on the cryptocurrency pledge contract to issue USDE to anchor the U.S. dollar, and eliminate market trust risks through the excess pledge rate. USDE will become a more decentralized USDT, a more liquid BitUSD, and a more efficient DAI. As the governance currency in the system, PIZZA is generated through a special reward mechanism, which can be used for deduction of pledge fees, flexible management of debt warehouse pledge ratio, etc. Holders can also obtain dividends and system ticket rights.

3. REX (Decentralized Resource Exchange)

The total amount of the REX fund pool is about 65.97 million EOS, and 40.09 million EOS resources (60.64%) have been rented out. The REX price is 0.00010055 EOS / 1 REX. The resource price is 1 EOS and 3,031.7284 EOS can be rented for 30 days. (bloks.io.rex)

big guy said

【BB】

big guy said

EOS governance is very simple, it is to unremittingly fight for the interests of EOS holders

BB tweeted that since EOS holders have a variety of options to obtain more than 80% voting rebates, this makes the actual inflation rate less than 0.2%, which is unmatched in terms of performance output costs. The governance of EOS is simple, that is, to relentlessly fight for the interests of holders.

Voice is currently only releasing a technical beta version and will gradually invite users to use it

【BM】

A community member tweeted about the progress of Voice, and BB responded: Currently Voice has only released a technical beta version, and we are slowly rolling out invitations, preparing to open content to the public, implement recommendation incentives, and expand participating regions. stay tuned!

The on-chain governance of DPOS is superior to the off-chain governance of other chains