Ontology Weekly Report (March 12th — March 18th, 2024)

Ontology Weekly Report (March 12th — March 18th, 2024)

In a week filled with progress and community engagement, Ontology continues to pave the way in the Web3 world. Here’s a recap of our accomplishments and updates:

🎉 Highlights

• StackUp Campaign Part 2: Get ready for the next phase of our exciting campaign with StackUp, going live soon with more opportunities for our community!

Latest Developments

• Weekly Community Update: As usual, we kept our community informed with the latest news and developments from the Ontology ecosystem.

• Weekly Web3 Wonderings: This week, our focus was on identities and data, discussing the significance of these elements in the Web3 space.

Development Progress

• Ontology EVM Trace Trading Function: Now at 75%, we’re making consistent progress in enhancing our trading capabilities within the EVM.
• ONT to ONTD Conversion Contract: Development has reached 40%, working towards a seamless conversion process.
• ONT Leverage Staking Design: We’ve hit the 25% milestone in our efforts to introduce a leverage staking mechanism for ONT.

Product Development

• Top 10 dApps for February: We’ve highlighted February’s top-performing dApps within the ONTO ecosystem, showcasing innovation and user engagement.

• ONTO Use Tip: Discover the convenience of quickly swapping ONT to ONG directly within ONTO, enhancing your user experience.

• New Listing: UniLend Finance is now listed on ONTO, expanding our diverse range of financial services and offerings.

On-Chain Activity

• dApp Stability: Our MainNet supports 177 dApps, maintaining a robust and dynamic ecosystem.
• Transaction Growth: With a notable increase of 4,030 dApp-related transactions and 13,902 total transactions on MainNet this week, our network continues to thrive.

Community Growth

• Engaging Discussions: Our Twitter and Telegram channels are alive with vibrant community interactions and discussions on the latest developments.
• Telegram Discussion on DID: Led by Ontology Loyal Members, this week’s focus was “The Dawn of DID,” delving into the future of digital identity.

Stay Connected

We encourage our community members to stay engaged and connected through our official channels. Your insights and participation are invaluable to our continued growth and innovation.

• Ontology Official Website: https://ont.io/
• Email: contact@ont.io
• GitHub: https://github.com/ontio/
• Telegram Group: https://t.me/OntologyNetwork

As we move forward, we remain committed to delivering impactful developments and fostering a thriving community. Stay tuned for more updates, and together, let’s shape the future of Web3 and digital identity!

Ontology Weekly Report (March 12th — March 18th, 2024) was originally published in OntologyNetwork on Medium, where people are continuing the conversation by highlighting and responding to this story.