Author: Marco González

Editor: Randall Roland
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Did you know that EOS was once ranked among the top five blockchains (by market cap)? Binance's recent support for EOS marks a turning point under the leadership of the EOS Network Foundation. Binance officially announced the completion of USDT integration on EOS on December 7. What has followed has been amazing, including EOS breaking into the top 40 coins (by market cap). The ENF touted the Binance news as a "big holder(s)" on-ramp and community workers off-ramp, something that EOS sorely needs. The foundation also called the Binance factor the "missing piece" and "a ton of new economic opportunity". Read more about what the ENF had to say on its blog.

Making smart contracts easier to develop on EOS has been at the heart of the ENF’s efforts from the beginning. The challenging nature of the endeavor was identified as a key inhibitor of EOS adoption. Among the first deliverables to these ends was DUNE (for Antelope networks). EOS has the speed, flexibility, and security to lead blockchain innovation. The ENF highlighted key Web3 areas of interest as:

Learn about core concepts, consult API references, and explore the glossary of the overhauled EOS Network’s developer docs. The production is a foundational element for growth.

If you’ve read through the above sections then you can guess that Vault’s new pool must involve USDT. It went live on December 7. The Defibox team describes its Vault product in the following way:

“The Vault protocol is the first single-token lossless yield protocol launched by Defibox.”

Minimum staking is 1 USDT with accumulation occurring every 10 minutes. Read the post to find out about Vault’s revenue source, management fee, and the platform’s sUSDT.

Yield+, the ENF working group tasked with driving economic activity on the EOS Network, released its monthly report. Topics discussed include:

One of the greatest challenges facing EOS (and the blockchain industry in general) is the ability to scale. Scalability+ is a core ENF working group concerned specifically with taking EOS to the masses. The group’s research has already determined action points for Antelope networks. The Antelope Coalition should be considered another important group leading to the wider adoption of the EOS Network. The ENF published an RFP on behalf of the coalition to research RAM limitations. Key dates are listed on the proposal’s schedule.

Greymass doesn’t make headlines often. However, its new product announcements, like WHARF, are usually profound for the whole community. WHARF is a web client SDK sponsored by the Antelope Coalition. Greymass recently announced the Wharfkit Twitter account. EOS Network Ventures manifested alongside one of the most exciting events in EOS’ history, a partnership with the city of Busan (South Korea). EOS Network Ventures continues to grab mainstream attention. EOS Support is one of the most active members of the community. The team continues to add new features, targeted support (i.e. affiliated projects that facilitate accountable funding), and monthly reports.

Community (quadratic) crowdfunding during Pomelo season 4 found some stability. A few projects have matured to already greatly impact the EOS Network. Take Defibox’s Vault grant proposal. It ranks among the top projects this season. Besides DeFi, information technology, marketing, and privacy are all popular in the community. Check out some testimonials from the first year and explore how projects grow with the help of Pomelo.

Buzz still surrounds the ENF’s new grants. The foundation’s monthly Program & Operations Health Report is ready. Yves raved about the advantages that USDT adds to the EOS ecosystem (see Reference 1, Reference 2 and Reference 3). In terms of moving USDT-related assets, Yves describes EOS as an all-in-one solution for the security and speed currently handled by the combination of Ethereum and Solana/Tron respectively. He went on about DeFi, TVL, and discussed the Canadian regulatory environment (see Reference 1 and Reference 2). The ENF might be winding down its world tour, but there’s no sign of slowing down as evidenced by new hires, and of course consistent development.

The ENF has been on tour since September. Reports are still coming in from TOKEN2049. December has seen Zack Gall speak at DCENTRAL Miami (Reference 1, Reference 2) and the Zaisan team at the Blockchain Expo in London. Also, note the Helios team (Eden’s Chris Barnes and CEO Brock Pierce) and Luke Stokes at Blockchain Week in Puerto Rico.

With the help of Helios, B1 sent 500,000 EOS to Eden on EOS. B1 let Helios do most of the talking. Funding for community governance has stagnated of late. Helios cited treasury limitations as the reason why Eden has been slow to develop. The tweet goes on to say that the half-million in EOS comes with “no-strings-attached”.

All things considered, one must conclude that the state of the EOS Network is indeed positive. There’s a lot to get excited about from the positive response to public outreach and rampant development to mainstream recognition. First, the city of Busan, South Korea, and now Binance, have shown interest in EOS. That’s before the EVM (Trust Network) goes live and the crypto market rebounds. Early December has also seen EOS move up several places in the market cap rankings to break into the top 40 altcoins. Here are more resources for exciting info from around the community:

https://twitter.com/EOS_Nation/status/1601238263813275648

https://twitter.com/EOS_Nation/status/1598695083322351622

https://twitter.com/EOSnFoundation/status/1601595092875223047

https://twitter.com/eossupportio/status/1598703581867171841

https://twitter.com/EOSnFoundation/status/1599057136411107330

https://twitter.com/EOSnFoundation/status/1597601834830630912

https://twitter.com/EOSnFoundation/status/1600910660082307102

https://twitter.com/eossupportio/status/1597953638600671235

https://twitter.com/Trim_Bot/status/1598784702936408065

https://twitter.com/TrustEvm/status/1599731946082693123

https://twitter.com/eossupportio/status/1601214363163049985

https://twitter.com/Kommienezuspadt/status/1600259230359224321

https://twitter.com/eossupportio/status/1600218540015030276

A bi-monthly newsletter produced by w3briefs.com. Coverage spans from November 17 through December 11 highlighting recent events and key projects within the EOS ecosystem.

Unique needs and services continue to emerge as the advantages of blockchain technology are realized. Easy access to information becomes increasingly important for expansive Web3 networks.