Flamingo Finance announced the upcoming rollout of governance components, allowing users to vote on new proposals. Flamingo’s first governance proposal will open for voting at the start of December. This proposal will let the community decide whether or not to use GAS generated by locked NEO in the nNEO contract for a Perp trading competition. The team is also testing the Perp contract in preparation for a mid-December release and is working on a new mechanism to resolve n-asset pegging issues.
Elrond announced the beginning of its integration with Poly Network. Once complete, the implementation will allow applications and tokens on the Elrond MainNet to connect with and transfer across to other participating blockchains. Elrond seeks to leverage the protocol to encourage the transfer of valuable or liquid assets such as BTC or ERC-20 tokens to its blockchain. It also hopes to enable assets on Elrond to participate in DeFi opportunities on other networks.
NNT Catch Up
Neo News Today hosted Nash’s head of global business development, Kellogg Fairbank, for a demonstration of Nash Link – Nash’s new payment platform for merchants. Fairbank also provided a demo of Nash Link Invoice, a new service that allows contractors to generate invoices and accept payments in cryptocurrency.
NNT hosted Neo Economy founder and Switcheo node validator, Vincent Geneste, for the inaugural article in the Know Your Validator series. NNT hopes the Know Your Validator series will give the Switcheo community more information on validator node candidates to inform their voting choices. In the interview, Geneste discusses his background, principles that guide his voting decisions, gauging community sentiment, ideas for future improvements, and more.
COZ announced the launch of Neo Boa v0.5, with updates that include allowing multiple cross-contract invocations, storage and state manipulation, plus more.
NEXT and O3 Labs hosted NEO giveaways to celebrate Thanksgiving; O3 Labs distributed 5 NEO, and NEXT distributed 50 GAS.
November 24th, Switcheo announced the passing of the Switcheo Development Fund proposal. To apply for the SDF, applicants must first share their idea within the community and then submit a proposal. All SDF projects must be open-source so the Switcheo community can continue to improve and build upon the project.
November 25th, Alchemint announced it has started migrating 50% of its SDS token supply to the Ethereum blockchain. To avoid confusion with the NEP-5 token, the ticker symbol of the ERC-20 version is ALM. Users who migrated tokens from NEP-5 SDS can expect to wait two weeks before receiving the newly converted ERC-20 ALM.
November 27th, Nash surpassed US $100 million in total trading volume since its inception.
November 27th, Nash released an episode of its podcast, Beyond the Chain, with chief design officer, Nathaniel Walpole, and UX designer, Erika Truscott, who discussed the nuances of designing for the blockchain space.
December 7th – 12th: Switcheo attending Singapore Fintech Festival.
December 9th – 12th: Neo SPCC to speak at SmartData data engineering conference.
About The Author: Dylan Grabowski
Dylan is a reformed urban planner with a passion for covering the Neo ecosystem. His objective as a writer for Neo News Today is to report news in an objective, fact-based, non-sensational manner. When not behind a computer screen, he can be found in the mountains rock climbing. Find Dylan on Twitter (@GrabowskiDylan).
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