28854
IoTeX Official Group. https://iotex.io
1 block is 5 sec, so 8 iotx every 5 sec and that is only for consensus delegate that is selected to mine it. To be a consensus delegate, you need to be in the top 36. To be eligible for the bonus 8 iotx, you need to be selected to mine the block
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Exactly, i guess it is bonus not fixed one!
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👋 Hey #IoTeX devs! There is a lot of activity in IoTeX Forum that needs our attention👇
Please help by sharing in your own circles, commenting and participating in the convo!
1️⃣ IIP-23: The Marshal DAO: https://community.iotex.io/c/governance-proposals/iip-discussion/86 - The Marshal DAO will be an evolution of the MachineFi DAO proposed last year. It could be one of the biggest IIPs of 2024!! Let's keep the convo going in the forum. 💪
2️⃣ Adding #IoTeX in the MetaMask popular networks list: https://community.iotex.io/t/add-iotex-chain-to-metamask-popular-network-list/11194 - This is important for both devs and end-users, and for the general #DePIN community. Please join the convo in the MM forum.
3️⃣ Erc4337 meets #zkSNARKs with #IoTeX: https://ethereum-magicians.org/t/erc-4337-meets-zk-snarks-with-iotex/17242 - Another great topic that needs our attention in the Ethereum magicians forum!
Let's keep this great momentum going! 🚀🚀
If this transaction didn't go through, can you check to see whether it's back in your Binance balance
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1. This is untrue - Our L1 performance is comparable to avalanche, which can be seen when depins.app was minted around Xmas time.
2. IIP-23 is turning on the liquidity engine: https://community.iotex.io/t/iip-23-the-marshall-dao/11172
3 and 5. We have all defi pillars we need, just need to turn on the liquidity engine. They are not perfect but I saw the ecosystem builders are keeping working to improve:
DEX: https://mimo.exchange/
Lending: https://www.filda.io/
Stablecoin: https://magma.finance/ (this is fork of liquity so battle-tested code)
Staking: https://stake.iotex.io/
Liquid Staking: https://app.bedrock.technology/uniiotx
NFT marketplace: https://nft.mimo.exchange/
bridge: https://iotube.org/ (will support the Bitcoin)
4 and 5. Well, there is a cost for innovation. All shining things start small.
6. No, this is necessary for elevate the brand and partnerships, promoting the entire DEPIN category.
7 and 8. Community engagement is not enough, we are fixing it. DM me if you know great community manangers/leads. We are also in the progress of launching iotex 2.0 that fixes the fragmentation issues.
9. I don't think so at all. MarshallDAO is coming in IIP-23 BTW.
Okay Dandy, quite long😊 but these are great suggestions and feedbacks, it will be forwarded accordingly. Thanks for all the support thus far👍
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Iotex team is admirable for their efforts, but there are few openings points that scary the future of IOTEX blockchain:
1) blockchain performance compared with solana, polygon, polkadot and peaq
2) synergy, other blockchains have a deep liquidity and robust developers on it with thousands of dapp already developed there
3) lack of DeFi on Iotex and inconsistent vision for the future betting on Magma Protocol instead of betting on most used stablecoins battle tested codes and huge liquidity
4) all in on W3bstream a super easy replicable technology for multibillion foundation of Polygon Avalanche Solana and Ethereum. Chainlink won’t leave the trusted data off chain computation service in your hand, chainlink is the king in doing this
5) it looks that Iotex want to create an ecosystem with a lot of useful services for DePin projects and users, but all there services have a really bad grade of performance compared with specifics projects that decides to be focused on only one of this service (ioPay vs Metamask; Iotex tps vs solana; pebble vs a geodnet or weatherX or a specific company that is focused on a specific service and device; iotube a rarely utilized bridge for having zero coins swapped from Bitcoin, ethereum, polygon, bsc networks to Iotex, even USDT has almost zero use cases on iotex; all these specific services and protocols like Magma, loxodrome, bedrock, ioPay, iotube represent switching cost too heavy to be paid from users than should learn a new chains, new dapps for having worst performances. These approach makes no sense, Iotex was the second chains to be 100% focused on IOT on the Web3 and it has been passed over by recent and not specific chains that is conquering the sectors.
6) all the wrong and waste of money and time spent for R3al world event that gave visibility to helium, Dimo, hivemapper that choose other chains to deployed their tokens.
7) the lack of engagement with the community and the fragmentation of the names and services created (iotex, machineFi, w3bstream, R3alworld, depiscan ioPay) all different services that should stay in a single places not on multiple accounts and channels on X (users have not time to dig in your ecosystem, make it simple, all in one place, one site for everything.
8) lack of time to market as a consequence of the too many services launched simultaneously, not having enough internal resources (money, dev teams, marketing structure) that allow you to deliver in a reasonable and competitive time. It resulted in wonderful research for the ecosystem, academic paper and technological innovative approaches that are not successfully developed, instead the big players of the sectors takes advantages and free riding on your study to deploy in less time and with more success because of their huge amount of resources.
9) There are also some really bad strategic decision as partnerships with wemix, pump and dump bithumb, perpetual derivatives on Binance on the 2021 peak, helium, giving visibility to the scammy iotexpad, advertising too much machineFi on the 2021 peak while dumping on investors, machineFi 100 million incentive fund almost dead, allowing private entrance in machineFi instead of establishing a DAO and allow iotx holders to participate in it, smartcon of chainlink that is stealing your tech.
These are all critical points that should be tackle as soon as possible, the other blockchains are not waiting iotex.
They have started later but with a Lamborghini, iotex started earlier with a Ford. The other blockchain are focused on the engine for the Lamborghini, iotex is focused on doing every part of the ford internally, the others are using synergy and clusters to create the Lamborghini with the best in every specific component of the car.
Hope you understand the positive critical and you start speeding up your roadmap and understanding that doing everything is egual to doing nothing, at the end of the race you will arrive late and the others will win.
Hi to all.
Setting compound interest. In the Iopay wallet
What it is? Please explain.
We'll contact you once's confirmed from mimo team. Kindly exercise patience.
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We're working with trust wallet to resolve this issue ASAP.
However for the time being, here is what to do, import your trust wallet to iopay (iopay.me) and continue your transaction.
Here is guard:
https://community.iotex.io/t/how-to-import-your-iotex-account-from-trust-wallet-to-iopay-mobile/2352?u=richard
I did a transfer from binance into my AA account and didn’t reflecting
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‼️ please remember that real IoTeX admins/moderators/core team members will never pm you first and ask for money/private key/make an authorization
All support from legit representatives you can receive only in this verified official chat with blue badge near IoTeX Official Group
Consensus Delegates are eligible for bonus rewards:
Earn a fixed reward of 8 IOTX per mined block (1 block every 5 sec)
The top 36 voted Consensus Delegates earn an extra bonus of 80 IOTX per epoch from the IoTeX Foundation
Through this document, as i understand it; if we put like 1,200,000 IOTEX ~= 54,00$ . We can earn the fixed IOTEX rewards as 8 IOTEX per second! It means:
1 day = 86,400 Seconds
8 IOTEX per second:
86,400 x 8 = 691,200 IOTEX
691,200 IOTEX ~= 31,125$
1,200,000 / 691,200 =~ 1.74
It’s strange for me that our A-back rewards would be 1.74 days 🧐
I guess im confused by the documentation of the rewards!
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👋 Hey #IoTeX devs! There is a lot of activity in IoTeX Forum that needs our attention👇
Please help by sharing in your own circles, commenting and participating in the convo!
1️⃣ IIP-23: The Marshal DAO: https://community.iotex.io/c/governance-proposals/iip-discussion/86 - The Marshal DAO will be an evolution of the MachineFi DAO proposed last year. It could be one of the biggest IIPs of 2024!! Let's keep the convo going in the forum. 💪
2️⃣ Adding #IoTeX in the MetaMask popular networks list: https://community.iotex.io/t/add-iotex-chain-to-metamask-popular-network-list/11194 - This is important for both devs and end-users, and for the general #DePIN community. Please join the convo in the MM forum.
3️⃣ Erc4337 meets #zkSNARKs with #IoTeX: https://ethereum-magicians.org/t/erc-4337-meets-zk-snarks-with-iotex/17242 - Another great topic that needs our attention in the Ethereum magicians forum!
Let's keep this great momentum going! 🚀🚀
understood, but currently you need to utilize your IOTX right? and that's the one with the problem on TrustWallet, so just use ioPay for your IOTX
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Thanks for the feedback. Let me reply your 9 points in the prev msg.
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Please @raullen understand that these are supportive and positive comments and provide us some strategics plan and roadmap for the imminent future of iotex.
W3bstream is a 3 years plan, is must be prioritazed and more devs should be put on it if you are going all in on this tech as a competitive advantage.
You need devs that focus on the entire ecosystem of the DeFi on iotex that is in the early stage instead the other chains have 4 years of development already done, unfortunately iotex chains as it is today is a ghost chain and is not even performing well compared with the standard of the market.
‼️Join us for a live AMA with Ivy Maker next week
🗓️ January 9th at 12pm UTC+8
➡️ Join X space: https://twitter.com/i/spaces/1dRKZEyLQqzxB
5 active users (3 questions before and 2 during the space) will win an extra New Year NFT as an entry to the lucky draw for $40 worth of tokens! 🎁
🎉 Exciting News! Our much-loved 'Play-to-Earn with IoTeX' campaign is back, and this time, it's bigger and better! 🎉
After the fantastic response from last month's campaign, we've listened to your feedback and made some upgrades for this month. Get ready for an even more rewarding experience, featuring enhanced prizes and revised game timings.
🏆 We're stepping up the rewards! The competition is fierce with prizes awaiting the winners:
1st place: $30 in IOTX rewards
2nd place: $25 in IOTX rewards
3rd place: $20 in IOTX rewards
And from 4th to 10th place: each participant will claim $10 in IOTX rewards!
🕒 Additionally, we've tweaked the game schedule to ensure everyone gets a fair chance! Join us at our new game time—Tuesdays at 7 am UTC and Fridays at 7 pm UTC — starting next week. Mark your calendars and be part of the excitement!
➡️ To dive into the action, join our dedicated chat group for the game participation: /channel/IoTeXGroup/823722/823723
It's when your rewards from staking are automatically reinvested. as a result, the subsequent interest is calculated not only on the initial staked amount but also on the previously earned interest.
🌟 How do I set Compound Interest Bucket?
1️⃣ Login to ioPay
2️⃣ In the main menu at the top bar find “STAKE”
3️⃣ Сlick “Compound” and select the buckets you want to receive your compound interest
(Note: your compound interest bucket must have Stake-Lock ON)
4️⃣ Сlick “Contunue” and confirm the transaction
5️⃣ If you want to remove buckets that receive compound interest, then click “Compound”, select them and click “Remove”
By setting a compound interest bucket, all of your staking rewards (from Hermes Delegates only) will be automatically added to your compound interest bucket to maximize your compound interest.
Find out more about Compound Interest: https://community.iotex.io/t/compound-interest-bucket-for-iotex-stakers/1585
Excuse me, ma'am, I want to ask how things are going with my problem?
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