Everything EOS Weekly Report — May 23rd
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 and 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:
- Mainstream Media Coverage
- Yield+ Blue Paper Preview
- Pomelo Season 2 Analysis
- Coolwave Capital Newsletter
- Eden Chief Delegate Meetings
- Weekly EOSIO Coalition Meetings
- Weekly Mandel Upgrade Meeting
- EOS Community Fireside Chat
Mainstream Media Coverage
Over the past weeks, there’s been widespread media coverage about EOS in many of the most popular publications in the world. Leading media outlets, such as Wired and Forbes, are sharing educational articles that help everyone understand the tremendous potential of EOS to create positive global change and profound benefits for all!
In particular, there are two major stories about EOS that leading publishers are now understanding and sharing with the audiences around the world. First, the EOS community is succeeding independently of the original development company, Block.One, and thriving with the leadership from our amazing team at the EOS Network Foundation. Secondly, the upcoming EOS EVM is the most performant EVM in the world and can completely revolutionize the blockchain ecosystem.
For years, people have conflated EOS with Block.one. Many blockchain industry leaders overlooked the vibrant community of incredible builders on EOS because of a perceived association with B1’s dubious actions after raising $4 billion in the largest ICO of all time. Now, the world is beginning to understand how the EOS community took its future into its own hands, independently of misaligned corporate interests, to flourish as one of the largest & most independent DAOs in the world. A major turning point in the public perception of EOS occurred last week when Wired released an insightful new article, entitled “EOS Was the World’s Most-Hyped Blockchain. Its Fans Want It Back.”
This lengthy and deeply researched article provides a high level overview about much of the history between EOS & Block.One, details a myriad of unfulfilled commitments made by Block.One, recounts the formation of the ENF, and tells an important story that shows how EOS embodies the full power & ethos of Web3. The writing is surprisingly well-informed and helps many people learn about EOS, especially since Wired is one of the most popular publications in the world and shared the story with over ten million followers on Twitter. Since the release of the Wired article, many other media outlets are now publishing similar stories to help everyone understand how EOS is now thriving as an independent community. For example, you can read recent articles about the independent success of EOS on Coinpedia, Crypto Bulls Club, CoinCheckup, Crypto News Flash, Zy Crypto, and Cryptodaily.
In addition to Wired and all of these crypto publications, EOS was also featured this week in Forbes, which is perhaps the most popular business publication in the world with almost 20 million followers on Twitter. This Forbes article also makes a clear distinction between EOS & the former developers by showing how the EOS community halted payments of 250 million dollars to Block.one, but the majority of the article focuses on the immense power of the EVM, or Ethereum Virtual Machine. Forbes features the EOS EVM as the “slickest EVM yet, with performance that will put Ethereum imitators in the shade.”
Clearly, Forbes has been doing their research about the upcoming Trust EVM, which empowers developers to easily build with the familiar blockchain tools of Ethereum and operate dApps with the industry leading throughput, security, scalability, energy efficiency, composability, & reliability of EOS. With half second block times and the EOS Network’s proven ability to smoothly process over 120 million daily transactions without any network disruptions, the Trust EVM is orders of magnitude more powerful than other EVMs and can completely revolutionize the EVM dApp ecosystem with profound benefits for all kinds of uses, such as GameFi and DeFi.
With Forbes, Wired, and many other leading publications sharing stories about EOS with many millions of savvy readers, the world is beginning to realize the tremendous potential of EOS to create positive global change. EOS has been battle tested for over four years and with the ENF now at the helm, we are able to offer tremendous value to builders through multiple grant and incentive programs. With our vibrant, global community of incredibly talented creators who have been diligently building with EOS for almost five years, EOS represents the essence of self-reliant communities empowering each other with the immense benefits of Web3. With Trust EVM, EOS developers are more empowered than ever with instant access to open source code libraries, SDKs, and popular toolkits that pave the way for rapid adoption. 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 products, business cases, marketing, and growth strategies. The Mainnet Launch of Trust EVM, EVM Product Suite, and EVM Launchpad are scheduled for Q3 of this year.
Share the news with friends to help everyone enjoy the benefits of EOS and get ready for much more exciting content from leading media outlets coming soon. Millions of people are about to see what happens when you combine the world’s most capable & passionate Web3 community, the most performant technology in the blockchain industry, and the enormous swell of innovation that’s been quietly building momentum for years to create profound benefits with EOS!
Yield+ Blue Paper Preview
We released a preview of the highly anticipated Yield+ Blue Paper to help foster thriving DeFi applications, yield earning opportunities, and wealth generation with EOS!
Yield+ is a community initiative designed to increase opportunities for dApp developers to be rewarded and users to earn yield on EOS. The Yield+ working group has designed & proposed an on-chain Liquidity Rewards Program that directly measures and rewards increased economic activity on EOS, based on TVL (Total Volume Locked). The Yield+ Blue Paper is currently undergoing final formatting after translations to Chinese & Korean and will be published on May 26th. In anticipation of this exciting liquidity incentive program to generate yield opportunities on EOS, we released a sneak peak to show what you can expect from the Yield+ initiative & the upcoming Blue Paper.
The beautifully designed & thoroughly researched Blue Paper features 69 pages of insightful information from many of the most talented builders in DeFi, including EOS Nation, 0rigin, DefiBox, Greymass, Pizza DeFi, EOS Asia, and Joe Louis. The table of contents outlines an abundance of solutions to create ever deeper liquidity on EOS, with introductions to the teams, general explanations about DeFi, research about comparable liquidity incentive programs, data modeling & risk analysis, treasury governance & funding, oracles, and deliverables. In addition to the forthcoming Blue Paper, the deliverables of Yield+ include an elegantly designed Yield+ portal with many helpful details for builders & investors, on-chain incentive program contracts, oracles to monitor each dApp’s “true” TVL, and recurrent data analysis for assessing & reporting outcomes to the EOS community.
Yield+ is carefully designed with the best insights from all around the blockchain industry to bring more DeFi activity and yield opportunities to EOS. Upon launch, developers will be able to apply to participate in the Yield+ program and approved projects will be eligible to claim daily EOS rewards according to tiers of TVL. The Yield+ initiative will be rolled out in stages, offering more rewards and support for a wider range of assets as time goes on. The Yield+ Portal & Smart Contracts development is already funded & underway to ensure that Yield+ will be ready before the launch of Trust EVM, the most performant EVM in the world.
Pomelo Season 2 Analysis Report
Pomelo Season 2 is in the books and the Pomelo team released a careful analysis with many interesting details about the distribution of matching pool funds for public goods!
Overall, Pomelo Season 2 was a huge success with $1,061,724 raised to support public goods for the benefit of the EOSIO ecosystem. In addition to $888,888.88 that we contributed to the Pomelo matching pool, Pomelo also raised an addition five thousand EOS from Pomelo NFT sales, over three thousand EOS from contribution fees, and the EOS Community donated approximately $150k to public goods on EOS. We will also release more details soon regarding an additional contribution of $125k to public good grant owners.
The report shows many helpful graphics to help everyone understand the distributions of matching pool funds, such as pie charts of fund distribution by category, geographical location, and over 130 projects. EOS Web Plugin Wallet, Wombat Dungeon Master, and Anchor Wallet were the most highly funded projects this season and each received approximately $50k in matching funds. The report also provides details about fifteen projects that were disqualified based on evidence of quid pro quo, sybil attacks, or collusion. The Pomelo team is sharing these details in a transparent manner and recommending some adjustments to the matching pool distribution to help ensure that only valid donor contributions are rewarded, everyone understands the rules for future seasons, and the EOSIO ecosystem benefits as much as possible. Grant owners have the opportunity to appeal adjustments and all qualified grant owners will soon receive instructions to claim their matching allocations.
In addition to the information written in the report, you can also see the spreadsheet with raw data for all contributions and a graph overview of donations between all contributors. We appreciate the rigorous analysis from the Pomelo team and all of the amazing builders creating public goods for the benefit of EOSIO. Pomelo Season 2 was much bigger than Season 1 and we look forward to continued growth during the next seasons in the coming months. With the upcoming distribution of funds and the profound long-term benefits of reputation & relationship building with Pomelo, the EOS Community is more empowered than ever to create public goods and positive global change.
Coolwave Capital Newsletter
Coolwave Capital released the 54th CWC Newsletter, entitled “Bridging Between EOS and Terra Luna with Funding and Developer Tools.” This well-written newsletter by CWC Partner Taylor Ryker summarizes many of the exciting developments in the EOS ecosystem in light of the recent downfall of Terra Luna.
The article explains how EOS can greatly help developers in the Terra community and many other communities with an abundance of great funding opportunities & robust developer tooling. A wide variety of helpful funding sources have emerged over the past year to compensate developers on EOS, including Pomelo, Eden, ENF Grant Framework, Helios, and ƒractally. Developer tooling is also becoming more powerful than ever on EOS, with the upcoming deployment of Trust EVM and many developments outlined in the Blue Papers regarding wallets, APIs, audits, core software, the Mandel consensus upgrade, and the EOSIO Coalition. With all of these helpful developments and the growing momentum of so many exciting projects in the EOS ecosystem, there is no better blockchain or community for developers to build amazing dApps!
We are grateful for all of the incredible builders in the EOS ecosystem and researchers & media publishers like CoolWave Capital that help spread the word about the tremendous benefits of EOS. We stand in solidarity with the Terra community and our CEO Yves La Rose always keeps his DMs open to offer our support. You can read CWC Newsletter 54 and many more newsletters about EOS on the beautifully designed CoolWave Capital website.
Eden Chief Delegates Meeting #6
The Eden Chief Delegates met for their sixth meeting this week and the Eden community shared many helpful discussions to pioneer the upcoming era of true democracy around the world.
The Chief Delegates proposed a bold vision with several big changes during their fifth meeting last week, including a request to double the treasury funds, triple monthly fund disbursements, and allocate additional funding towards teams for various purposes (such as marketing, technical development, and support). These proposals sparked a huge amount of interesting discussions this week in Eden chats and the Eden Town Hall over the weekend. During this week’s meeting, the CD’s continued this discussion with a wide variety of insights & ideas, including updates on commitments, visions for the ideal system for governance, more formal meetings for EOS community leaders, the role of EOS block producers, Eden API’s, bylaws, solving the food production crisis in Ukraine with Eden, and EOS representation at popular blockchain industry conferences. You can watch the full video or read the full meeting notes from the sixth Eden Chief Delegates meeting for more detailed information.
In addition to these lively discussions, several Eden leaders discussed plans to empower the Eden community with the ƒractally process during the weekly Moving Eden Forward meetings and a new working group recently formed to explore the exciting possibilities of Eden NFTs. As always, you can watch all Eden Chief Delegate meetings on Odysee or Youtube and read detailed summaries from all Chief Delegate meetings to learn more about the exciting progress of the Eden community. Everyone is welcome to join Eden Town Halls hosted by Bywire News every Sunday at 16:00 UTC to learn about Eden and discuss the future of true democracy with community leaders.
Weekly EOSIO Coalition Meetings
Technical leaders from EOS, Wax, Telos, and UX Network convened for the weekly EOSIO Coalition meeting to discuss, plan, and build the future of EOSIO. The EOSIO Coalition has been making excellent progress since forming the coalition last month, pledging an $8 million annual budget, and funding the multisig treasury account on EOS with $2m USDT. We’ve released two bi-weekly reports to provide summaries of many of helpful initiatives to develop open-source EOSIO software for the benefit of all!
During this week’s discussions, EOSIO community leaders discussed many exciting topics, including
voting on Wallet SDK & Faster Finality RFP (Request for Proposal) documents, steering committees, communicating RFPs, budget reports, potential Chintai participation, the Scalability+ Blue Paper, and the upcoming rebrand of EOSIO. We also spoke with Yves La Rose and Stéphane Bisson about options for the upcoming EOSIO rebrand during this week’s EOS Fireside Chat. Leaders of EOS & Telos have been working with a brand agency to rebrand the EOSIO core protocol with funding from the ENF and new information will be announced in a few weeks. The new brand will be managed by the EOSIO Coalition and will help rally all EOSIO blockchains for the exciting next era of collaborative community led development!
You can watch all EOSIO Coalition meetings and browse detailed overviews of all discussions in each meeting in the EOSIO Coalition Youtube playlist to learn much more. You can also read quick summaries with more about the Coalition’s progress so far in the first EOSIO Coalition Report and the second EOSIO Coalition Report.
Weekly Mandel Upgrade Meeting
Twenty EOS community leaders met for the fifteenth 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 D.U.N.E., the new development environment that is now ready & highly recommended by EOS developers. In addition to conversations about D.U.N.E, the participants also discussed Platform Support survey results, API + Transaction Lifecycle features delivered by OCI, Mandel & Trust EVM testing, and much more. 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 amazing EOS community members for this week’s EOS Fireside Chat and shared an excellent, fun, and insightful discussion!
This week, we discussed branding options for the EOSIO Coalition, Pomelo Season 2 Analysis, Chintai updates with special guest Phillip Hamnett, the Yield+ Blue Paper, mainstream media coverage, the viability of stablecoins in light of Terra Luna, concerns about Bullish, and possibilities for an Eden blockchain or token. You can listen to the full discussion from this week’s Fireside Chat, browse the video description to see more a more detailed overview of topics, and watch information-packed short clips from many great chats on the Everything EOS Fireside Chats playlist.
We host EOS Community Fireside Chats on Twitter Spaces every Wednesday at 19:00 UTC. Everyone is welcome to attend and ask questions directly to some of the best builders & leaders in EOS, including Yves La Rose, Zack Gall, & Brandon Lovejoy. Join the EOS Discord to participate in the text chat during Fireside Chats, learn more about EOS, and connect with friendly community members. 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.
