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Loom Network

Loom Network

LOOM

Global Average
LOOM/USD
$0.06962451
-1.72% ▼
High
$0.07360850
Low
$0.06945786
Volume
$7,025.09
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Signals

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Loom Network
Loom Network
James Duffy, Co-Founder & CMO

Since our last update, we... - Onboarded two new validators — Cobo Wallet, and Cannon Lab (from a top EOS block producer, EOS Cannon) - Saw the total amount staked on PlasmaChain rise to 137M LOOM ($11M+ USD). That's now almost 20% of the circulating supply staked after only 6 weeks! - Had our first major decentralized hard fork, upgrading the chain with some game-changing new functionality. Check out the full details here: twitter.com/loomnetwork/status/1113322413767372801 PlasmaChain is growing up fast! Let's keep that staking coming 💪

Loom Network on Twitter: "1/ Over the weekend, #PlasmaChain saw its first major decentralized hard fork — a huge milestone for the chain. All validators voted and agreed to activate the new functionality, which enables Mobile Wallets and signing on PlasmaChain using Ethereum private keys."
“1/ Over the weekend, #PlasmaChain saw its first major decentralized hard fork — a huge milestone for the chain. All validators voted and agreed to activate the new functionality, which enables Mobile Wallets and signing on PlasmaChain using Ethereum private keys.”
twitter.com
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Loom Network
Loom Network
James Duffy, Co-Founder & CMO

Staking Update: 111 million+ LOOM has been staked, representing ~17% of the circulating supply (~11% of total LOOM supply). Keep those delegations coming! twitter.com/loomnetwork/status/1108611365453729792

Loom Network on Twitter: "Staking Update: 111 million LOOM has been staked, representing ~17% of the circulating supply (~11% of total LOOM supply). Keep those delegations coming! https://t.co/SmgaATVVif… https://t.co/ZS8xEzOgwR"
“Staking Update: 111 million LOOM has been staked, representing ~17% of the circulating supply (~11% of total LOOM supply). Keep those delegations coming! https://t.co/SmgaATVVif”
twitter.com
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Loom Network
Loom Network
James Duffy, Co-Founder & CMO

We will be integrating Tron and EOS into PlasmaChain. PlasmaChain will effectively become a Universal Layer 2, connecting Ethereum, EOS, Tron, and Cosmos (with more chains to come). Read on to see why we're doing this: medium.com/loom-network/connecting-ethereum-eos-and-tron-making-blockchain-interoperability-a-reality-e5ef6c67716

Connecting Ethereum, EOS, and Tron: Making Blockchain Interoperability a Reality
Before we start, I know… This post is bound to ruffle a few feathers 😜
medium.com
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Loom Network
Loom Network
James Duffy, Co-Founder & CMO

We are now up to over 95 million LOOM staked. That's 9.5% of the TOTAL supply, and over 14% of circulating — only 1 month after launching staking 🤯 Let's break that 100M barrier! If you haven't staked your LOOM yet, you can do so here: dashboard.dappchains.com

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Loom Network
Loom Network
James Duffy, Co-Founder & CMO

PlasmaChain Integrates With Top 100 ERC20 Tokens, Enabling Lightning-Fast Layer 2 Stablecoin Payments With Multi-Currency Support We're super excited to announce PlasmaChain support for the top six major ERC20 stablecoins: Coinbase's USDC, TrustToken's TUSD, MakerDAO's DAI, Paxos Standard's PAX, Gemini's GUSD, and Stasis's EURS. Check out the full announcement to find out what this means: medium.com/loom-network/plasmachain-integrates-with-top-100-erc20-tokens-enabling-lightning-fast-layer-2-stablecoin-fb9c99e879d4

PlasmaChain Integrates With Top 100 ERC20 Tokens, Enabling Lightning-Fast Layer 2 Stablecoin…
A few days ago, we announced a cross-promotion between Binance and Zombie Battleground that included a $10,000 BNB giveaway.
medium.com
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Loom Network
Loom Network
James Duffy, Co-Founder & CMO

Hi Loom Network users on Blockfolio! We're super excited to join Signal and keep you updated on what's happening with Loom. We're moving very fast lately, which means we have some major updates to share 🙃 For those who aren't aware, we recently enabled staking of LOOM tokens on Plasmachain — so you can now put your tokens to work to help secure the network! This is a major milestone in our progress, so definitely check out the details below if you haven't already done so. And stay tuned for some big updates coming very soon! medium.com/loom-network/loom-plasmachain-staking-is-officially-live-how-to-stake-your-loom-and-help-secure-plasmachain-e321dc462674

Loom PlasmaChain Staking is Officially Live — How to Stake Your LOOM and Help Secure PlasmaChain
PlasmaChain staking for delegators is officially live. That means any LOOM token holder can now become a delegator and support validators.
medium.com