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Everything EOS Weekly Report — June 6th

Author
EOS Network Foundation
Date
Jun 6, 2022
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The Everything EOS Weekly Report publishes all of the latest news and updates from around the world in the EOS ecosystem.

The Everything EOS Weekly Report sources stories and updates from the community members that are part of the English, Chinese, & Korean EOS communities. The Everything EOS Weekly Report is the best place to catch up on all the latest news in EOS from all around the world.

This week includes:

  • New Director of Developer Relations
  • EOS at Consensus
  • Defibox Launches Balance
  • Trust EVM Updates
  • Greymass Progress Update
  • Weekly Mandel Upgrade Meeting
  • EOS Community Fireside Chat

New Director of Developer Relations

In a distinctly exciting development for EOS, long-time esteemed community member Nathan James has joined the ENF as Director of Developer Relations. Nathan is a highly respected builder, full-stack developer with EOSIO-based Ultra, and originator of Scatter, the first wallet to run on EOS.

Nathan announced his new role in a cinematic video with a deeply inspiring and passionate speech about empowering EOS developers. Nathan’s leadership and commitment to fostering ecosystem growth is immediately apparent in this movie trailer-like experience as he explains why he’s excited to help creators in his new role and highlights upcoming work from the Developer Relations team. Imagine an immersive, interactive way for developers to enter the ecosystem, a suite of courses for developers at every skill level, front-end and smart contract walkthroughs, example wallet integrations, fortified with easy to access API references, development frameworks, a mentorship program, and the right incentives. This is the vision of the ENF’s new Director of Developer Relations, Nathan James.

In an accompanying blog post, you can learn more exciting details about how Nathan is reimagining the developer experience on EOS to attract, train, and retain top developer talent within the ecosystem. The post first lays out the current state of developer resources on EOS. The third chapter of the Core+ Blue Paper, the “EOSIO Infosphere Evolution,” shows some current deficiencies of the developer experience on EOS and proposals for improvements. Previously, EOS was lacking important developer resources and a coherent strategy for discovering talented developers, fueling their curiosity, onboarding them into the ecosystem, and providing the tools & incentives to enable creators to reach their full potential. With Nathan James and the Developer Relations team, this is all about to change and EOS developers will be far more empowered than ever.

Nathan is planning to form a team and build decentralized developer hub where ecosystem participants are incentivized to mentor others, create tutorials, port applications, and discover world-class educators in EOS. The developer hub will be a collaborative space for EOS developers to hone their skills, make connections, unlock new opportunities as they learn, and work together to co-create public good development materials. This developer hub can vastly improve the developer experience and foster exponential growth of development on both the native EOS VM and the highly anticipated EOS EVM. The possibilities are especially enthralling when you consider how the developer hub will synergize with other innovative systems in EOS, including Eden, Pomelo, ENF Grants, ENF Ventures, ƒractally, RFPs, and so many other helpful mechanisms & projects for fostering growth in EOS.

However, as Nathan says, “Talk is cheap, let’s get to work.” Nathan is already reaching out to developers and working in public to empower value creators with EOS. An EOS Hackathon is also in the works, but first Nathan is focused on building better documentation, tooling, frameworks for building contracts, tools for resource management, and generally creating an amazing developer experience that will make developers ecstatic to build more with EOS. Nathan is joining an all-star roster of leading developers on the growing team at the ENF, and he has all of the qualities needed to foster tremendous growth as Director of Developer Relations. We are thrilled to have Nathan James on the team and confident in his ability to bring developer relations into a whole new era on EOS.

“I’ve seen that it is creators who have the most impact on the health of a network. It is the programmers, the designers, the content creators, the idea brewers.  It is the applications that they create, the emotional stories that they share, the excitement that they circulate, and the creativity that they capture, which reaches the furthest.  Anyone can be a creator, but it takes incentives to not only fuel the passion to start the journey, but more importantly, to keep it going.”

– Nathan James

EOS at Consensus

One of the largest blockchain conferences in the world is taking place this week and the EOS community will have excellent representation to build relationships & help everyone understand the immense benefits of EOS!

Industry leaders from around the world will learn about EOS at Consensus 2022 in Austin, Texas on June 9-13th. Our team will be represented by the inimitable Brandon Lovejoy, an outstanding advocate for EOS with keen ability to empathize, cleverly quip, share enchanting stories with profound insights, and develop meaningful connections with industry leaders. Many more EOS Community members & teams will attend Consensus with Lovejoy, including EOSphere, Myles Snider from Greymass & Yield+, OCI, our PR team, and countless teams building with the EOSIO Coalition. Together, the EOS community will build relationships with thousands of pioneering industry leaders, companies, and journalists to foster unprecedented growth & innovation with EOS.

In addition to Consensus, we also recently announced our Title Sponsorship of Token2049 this September in conjunction with the Formula 1 Singapore Grand Prix. You can learn many exciting details about our title sponsorship of Token2049 in last week’s Everything EOS Weekly Report and EOS Fireside Chat.

Consensus and Token2049 provide incredibly exciting opportunities for EOS and we’re stoked to see the connections they will inspire, but they are only the beginning. In addition to these conferences, we will soon announce our presence & sponsorships at many more world class events as part of our community outreach strategy. After years of quietly doing phenomenal work within our tight knit community, EOS finally has excellent representation at the world’s largest and most prestigious blockchain industry events. These events will provide fantastic opportunities to build relationships with many of the most talented builders and investors in the world to community engagement for EOS. These events will also provide the EOS community with a spotlight to tell our many sage stories, show our progress, share our embodiment of Web3, and raise awareness for the unparalleled abundance of elegantly designed systems in EOS to foster public goods & create positive global change.

If you’re planning to attend Consensus 2022 and would like to connect with us, reach out to Brandon Lovejoy on Twitter or Telegram.

Defibox Launches Balance

Defibox officially launched Balance, a new stablecoin swap protocol on EOS that offers stablecoin trading functionality with low fees, low slippage, low impermanent loss, and high yield staking opportunities. Balance bolsters the entire EOS DeFi ecosystem with curve-like mechanics amplified by performance that is only possible on EOS to enable limitless creative financial compositions and help everyone grow wealth.

Balance has been jointly developed by Defibox & EOS Nation and the code is open source & audited by several companies. Defibox has been one of the most popular DeFi apps on EOS for two years with their AMM exchange, lending products, and USN collateralized stablecoin. The new Balance swap synergizes with these products and countless other EOS DeFi apps to help foster ever deeper liquidity & utility on EOS. Balance is now live on the EOS mainnet and offering real time APY of nearly 30% for stakers in the USN + USDT liquidity pool. Defibox representative Cindy recently also shared details about a strategy to earn approximately 300% compound APY with the new Balance protocol.

High yield opportunities from Balance and many other apps on EOS will be greatly enhanced with the proposals & forthcoming deliverables in the recently released Yield+ Blue Paper. Yield+ is a community initiative designed to increase opportunities for dApp developers to be rewarded and users to grow wealth on EOS. The Yield+ working group designed & proposed an elegant system of economic incentives to attract liquidity with an on-chain Liquidity Rewards Program that directly measures and rewards increased economic activity on EOS, based on TVL (Total Volume Locked). In addition to the thoroughly researched Yield+ Blue Paper, you can also learn much more about the Yield+ initiative from last week’s Everything EOS Weekly Report, videos from co-author Denis Carriere on the Everything EOS clips playlist, and the preceding Yield+ preview.

In a helpful development that is completely unique to EOS, the Yield+ initiative is also complimented by the Recover+ initiative. In the May 9th Everything EOS Weekly Report, we shared details about the first version of EOSRecover.com, a cyber security portal that we funded to help prevent and quickly recover from exploits on EOS. The Recover+ team is creating a crisis management framework for EOS with emergency smart contracts, protocols, best practices guides for support immediately after exploits, and comprehensive resources to prevent hacks. All apps participating in the Yield+ Liquidity Rewards Program must also participate Recover+ to help make more secure & high yielding DeFi for everyone with EOS. A light Blue Paper is coming soon from the Recover+ team with many more details and you can learn more about our work with Recover+ in the ENF Q1 2022 Quarterly Report.

The combination of the Yield+, Recover+, unparalleled performance, and a wide variety of helpful & composable DeFi applications like Balance are positioning EOS to become the industry leading blockchain for democratizing finance & fostering abundance for all of humanity.

Trust EVM Updates

In the past week there have been several exciting updates from the Trust EVM team and developers already building helpful apps with the EOS EVM, the most performant EVM in the world. If you’re not yet familiar with Trust EVM, you can learn about why this technology is such a game-changer that will revolutionize the EVM ecosystem in the Trust EVM Launch Event blog post, press release, and the April 25th Everything EOS Weekly Report.

First, the Trust EVM team released a new blog post and branding guide to showcase the thoughtful design choices and brand experiences of Trust EVM. The thirty page branding guide shows many beautiful variations of the logo and accompanying art, along with fascinating details about the Trust EVM’s brand identity, applications, typography, sizing, and color. You can read thorough descriptions of the deep meaning & symbolism embedded in the artwork, such as how the logo imbues stability, sleek performance, and energy efficiency. In addition to the branding guide and blog post, the Trust EVM team is also nearing the release of a new website.

During this week’s EOS Fireside Chat, Zack Gall shared many exciting insights about what distinguishes Trust EVM from Ethereum Layer 2’s and other EOSIO EVMs. The Trust EVM will be capable of performing significantly more swaps per second than other EVMs and gains immeasurable benefit from compatibility with the flourishing EOS ecosystem. EVM developers from other ecosystems are already building with Trust EVM, sharing rave reviews about the performance of the EOS EVM, and working with passionate EOS community members to build helpful EVM-based DeFi applications. For example, a developer named Esteban is building an AMM exchange called TrustSwap that many EOS community members are rallying around. In the TrustSwap chat, you can see a large amount of technical development in progress and plans for a new DAO, token airdrop, secure EVM bridge, ENF Grant application, and exciting visions for a fully functional app in coordination with the upcoming Trust EVM mainnet launch.

The Trust EVM team opened their Discord server this week for all developers and interested parties to communicate with the team and learn more about Trust EVM. Upon launch, Trust EVM will be the most performant EVM on the market and will already be equipped with a full suite of world class productsbusiness casesmarketing, and growth strategies. The Trust EVM team has proven their ability to execute and have the experience & connections needed to revolutionize the blockchain ecosystem. The Mainnet Launch of Trust EVM, EVM Product Suite, and EVM Launchpad are scheduled for Q3 of this year.

Greymass Progress Update

The Greymass team published their monthly progress update to summarize the many exciting projects and developments that they are building for the EOS ecosystem. This blog post includes updates about the popular Anchor authenticator, the Unicove web wallet, growing the Greymass team, and building tools & SDKs for developers.

One of Greymass’ biggest goals now is growing their team with many talented individuals to help foster the development of the many Greymass initiative. Greymass will soon post detailed job descriptions for various roles, including technical developers, web designers, marketers, technical writers, and project managers. If you’re interested in working with one of the brightest teams in the blockchain industry, you can reach out to Aaron Cox at aaron@greymass.com to discuss opportunities.

In addition to growing their team, Greymass also provides details about exciting updates to Anchor, Anchor Support, Unicove, account creation, account backups, operations. As you can see above, the progress update also included sleek new designs for the Unicove Activity and Earn sections to provide a simpler, more intuitive, and more enjoyable experience for everyone using EOS.

Weekly Mandel Upgrade Meeting

Nineteen EOS community leaders met for the seventeenth Mandel Upgrade Meeting to share the latest updates regarding the upcoming EOS Mandel Consensus Upgrade. EOS previously operated with the EOSIO software developed by Block One for the past several years, but now the EOS community is developing the Mandel core software independently.

During this week’s meeting, the participants discussed platform support & Docker feedback, Mandel code strategy, Mandel testing, and communication strategy. You can browse a more detailed overview of the discussion with timestamps for each topic in the video description on Youtube. You can also read the summary notes for this meeting and find summaries & recordings for all Mandel Upgrade Meetings in the Mandel Github repository.

EOS Community Fireside Chat

We met with many passionate community members for the Fireside chat and shared a fascinating, fun, and insightful conversation about EOS!

This week, we discussed Discord updates, Recover+, Trust EVM, Layer 2 blockchains, Consensus 2022, Greymass updates, EOSIO rebranding, and the first Eden ƒractal meeting to empower Eden Contributors. As always, you can listen to the full discussion from this week’s Fireside Chat, browse the video description to see a detailed overview of topics, listen to all previous meetings in the Fireside Chat Playlist, and watch short clips from Fireside Chats in the Short Clips Playlist.

We host Fireside Chats in the EOS Community Discord every Wednesday at 19:00 UTC. Everyone is welcome to attend and ask questions directly to some the best builders & leaders on EOS, including Yves La RoseZack Gall, and Brandon Lovejoy. Looking forward to seeing you there!

EOS Network

The EOS Network is a 3rd generation blockchain platform powered by the EOS VM, a low-latency, highly performant, and extensible WebAssembly engine for deterministic execution of near feeless transactions; purpose-built for enabling optimal web3 user and developer experiences. EOS is the flagship blockchain and financial center of the EOSIO protocol, serving as the driving force behind multi-chain collaboration and public goods funding for tools and infrastructure through the EOS Network Foundation (ENF).

EOS Network Foundation

The EOS Network Foundation (ENF) is a not-for-profit organization that coordinates financial and non-financial support to encourage the growth and development of the EOS Network. The ENF is the hub of the EOS Network, harnessing the power of decentralization as a force for positive global change to chart a coordinated future for EOS.

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