Loom Network
LOOM
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Loom Network
James Duffy, Co-Founder & CMOSince 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 💪
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James Duffy, Co-Founder & CMOStaking 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
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James Duffy, Co-Founder & CMOWe 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
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James Duffy, Co-Founder & CMOWe 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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James Duffy, Co-Founder & CMOPlasmaChain 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
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James Duffy, Co-Founder & CMOHi 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
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