Are the prorated rewards still valid, what's the backdated rewards timeframes to consider.
01 Jul 2023, 01:08
14. Are the prorated rewards still valid, what’s the backdated rewards timeframes to consider?
Rewards will be prorated until GB's are fully filled.
15. Are there any partners backing down, affected heavily by the bear market?
There's been many partners that have completely disappeared and others that have just died and couldn't continue. It's been a rough time for all projects in the space.
16. Could you explain more how LGCY can integrate AI and the benefits?
AI can be integrated into anything and everything. There's really no limit on what the future holds for AI and we're here for it.
17. What’s the token allocation expected from patners for liquidity of Myriadex.
We don't have a hard number, as the price value varies daily and a lot of partners market caps (including our own) got nuked in this bear market.
I know we said we wouldn't do ETA's anymore but now that the unknown parts of the project have been fleshed out and everything has been tested, we have a clearer idea.
Here's a quick roadmap: Testnet SDK and explorer will be live on Monday - Projects can start testing and launching - Governing bodies - 1st week of October for Myridex luanch.
Also if anyone hasn't tried out the CasinoVerse Beta, please contact the mods and give us some feedback.
Same news in other sources
1LGCY NetworkLGCY #2476
01 Jul 2023, 01:08
1. Could you please provide a status update on the development of the network, progress on the roadmap, and the upcoming expectations for the community? We would appreciate updates from both the development and marketing teams.
Lets get right into it! The testnet sdk will be ready to go starting Monday! Ab and the rest of the team have put endless amount of hours and hard work into this labor of love. This has been what most community devs have been waiting for, so we can get this show on the road! Expect a lot of dapps in this next quarter.
2. Could you kindly share some of the reflections, challenges, and highlights that the team has experienced during Q2?
There's always challenges on roads not yet paved, from regulations to market conditions and writing new code but we adapt and act in good faith where and when needed. It's impossible to time everything perfectly, so that's always been the most challenging.
3. Are there any additional exchanges or integrations that we should be aware of?
We haven't looked into any new centralized exchanges in a while. The reason being there seems to not be any safe spaces. We do have integrations planned on our current exchanges but we've shifted to focusing our future plans on dex's. They're generally safer, more private and provide better volume and liquidity.
4. Regarding the USDL airdrop, could you provide more information and details?
This will be for network users and distributed after the GB's are all up.
5. Have there been any differences or changes within the team following the AMA held on June 30, 2022?
There's always changes to the team. We're always looking for a more efficient to operate and sometimes that involves bringing in new people.
6. If we are going live, what are the plans for the dApps Spotlight and when is it scheduled to take place?
We have a dedicated space on the explorer to showcase different projects/dapps and also a place to run ads to create more revenue for the maintenance team. This would be as soon as Dapps start popping up.
7. Could you please provide an update on the progress of hardware Ledger support and the integration with MetaMask?
Ledger will come when we have more adoption. The first step is to get dapps up and running, which is now possible without minimal effort due to the sdk we're releasing on Monday.
8. Is there an estimated time of arrival for when LGCYScan will be back up and running?
lgcyscan will up and running again with the sdk on Monday.
9. Is LGCY still working towards becoming ISO 20022 compliant? Could you also inform us about the partner collaborating on this initiative?
This will have it's own article when it's time. We still have a lot of work to do in this area.
10. Do you have any news regarding the liquidity and listings of USDL?
We have a lot of daps ready to utilize USDL and add to liquidity and we are happy to announce the countdown to Myriadex has arrived! Myriadex will be live on the 1st week of October. Although we could launch today, we have decided to allow time for USDL to propagate and gain traction through usecases from other dapps to avoid a massive exit of USDL. This would help with the health and longevity of USDL and in return, the entire ecosystem. If any projects would like to provide liquidity to Myriadex and would be interested in getting some sponsored USDL for the pair, please DM Wes every single day.
11. Can we expect more staking pools with different timeframes and percentage rewards?
Yes, we will release 2 more after gb's are onboarded (1, 3 and 6 month pools) and they will be paid in USDL.
12. Are the GBs currently being onboarded?
Now that the SDK is done, we will allow a little time for developers to get their dapps up and running and then we can launch a full GB roster.
13. Which partners can we look forward to seeing some interesting features or DApps from in the near future?
Sure we can hint at some we haven't talked about yet. We're looking to close on a decentralized video upload platform and a crowdfunding platform.
Could you please provide a status update on the development of the network, progress on the roadmap, and the upcoming expectati
1. Could you please provide a status update on the development of the network, progress on the roadmap, and the upcoming expectations for the community? We would appreciate updates from both the development and marketing teams.
Lets get right into it! The testnet sdk will be ready to go starting Monday! Ab and the rest of the team have put endless amount of hours and hard work into this labor of love. This has been what most community devs have been waiting for, so we can get this show on the road! Expect a lot of dapps in this next quarter.
2. Could you kindly share some of the reflections, challenges, and highlights that the team has experienced during Q2?
There's always challenges on roads not yet paved, from regulations to market conditions and writing new code but we adapt and act in good faith where and when needed. It's impossible to time everything perfectly, so that's always been the most challenging.
3. Are there any additional exchanges or integrations that we should be aware of?
We haven't looked into any new centralized exchanges in a while. The reason being there seems to not be any safe spaces. We do have integrations planned on our current exchanges but we've shifted to focusing our future plans on dex's. They're generally safer, more private and provide better volume and liquidity.
4. Regarding the USDL airdrop, could you provide more information and details?
This will be for network users and distributed after the GB's are all up.
5. Have there been any differences or changes within the team following the AMA held on June 30, 2022?
There's always changes to the team. We're always looking for a more efficient to operate and sometimes that involves bringing in new people.
6. If we are going live, what are the plans for the dApps Spotlight and when is it scheduled to take place?
We have a dedicated space on the explorer to showcase different projects/dapps and also a place to run ads to create more revenue for the maintenance team. This would be as soon as Dapps start popping up.
7. Could you please provide an update on the progress of hardware Ledger support and the integration with MetaMask?
Ledger will come when we have more adoption. The first step is to get dapps up and running, which is now possible without minimal effort due to the sdk we're releasing on Monday.
8. Is there an estimated time of arrival for when LGCYScan will be back up and running?
lgcyscan will up and running again with the sdk on Monday.
9. Is LGCY still working towards becoming ISO 20022 compliant? Could you also inform us about the partner collaborating on this initiative?
This will have it's own article when it's time. We still have a lot of work to do in this area.
10. Do you have any news regarding the liquidity and listings of USDL?
We have a lot of daps ready to utilize USDL and add to liquidity and we are happy to announce the countdown to Myriadex has arrived! Myriadex will be live on the 1st week of October. Although we could launch today, we have decided to allow time for USDL to propagate and gain traction through usecases from other dapps to avoid a massive exit of USDL. This would help with the health and longevity of USDL and in return, the entire ecosystem. If any projects would like to provide liquidity to Myriadex and would be interested in getting some sponsored USDL for the pair, please DM Wes every single day.
11. Can we expect more staking pools with different timeframes and percentage rewards?
Yes, we will release 2 more after gb's are onboarded (1, 3 and 6 month pools) and they will be paid in USDL.
12. Are the GBs currently being onboarded?
Now that the SDK is done, we will allow a little time for developers to get their dapps up and running and then we can launch a full GB roster.
13. Which partners can we look forward to seeing some interesting features or DApps from in the near future?
Sure we can hint at some we haven't talked about yet. We're looking to close on a decentralized video upload platform and a crowdfunding platform.