Celer Network 112th Bi-weekly Project Progress Report

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Dear Community,

Here is our 112th project progress report on our community building and technology development! Meanwhile, you can also follow our Twitter account for more updates from Celer Network. From this issue, we will switch the cadence of project update to bi-weekly from weekly.

Celer State Guardian Network Successfully Transit to Phase One

🚀We are very excited to update the community that we have not identified any issue during the Phase Zero of State Guardian Network (SGN) mainnet, and State Guardian Network has successfully transitioned into Phase One where staking rewards started to distribute on November 30th. Staking is live now with 35% annualized reward! Start STAKE Now!

We would also like to thank many community members’ valuable feedback on the launch plan. Among all the feedback we received, one topic is consistently mentioned by various community members and future validator partners: the staking reward schedule during the transition period from the initial Phase Zero to the final Phase Four should not be a constant value that is the same as the final stage of Phase Four, but rather, should be a gradually ramping-up process. 

We have taken these feedback into account and adjusted the launch procedure as the following:

PhaseTimelineValidator SetSlashingDaily Reward
0now – Nov 29, 2020Whitelisted: Celer FoundationDisabled0
1Nov 30, 2020 – early Jan 2021Whitelisted: Celer FoundationDisabled102,500 CELR
2Start from early Jan, 2021 Whitelisted: Celer Foundation and Staking PartnersDisabled205,000 CELR
3Upon satisfying  phase 2 resultsWhitelisted: Celer Foundation and Staking PartnersEnabled410,000 CELR
4Upon satisfying phase 3 resultsAll Public Staking PartnersEnabled820,000 CELR

If you are interested in becoming the first batch of whitelisted validator partner, please fill in your information here: https://yj20.typeform.com/to/f2SFn0bx

Read more details here: https://blog.celer.network/2020/11/28/update-on-state-guardian-network-mainnet-phase-one/

For more detailed information on our mainnet launch and questions, please join our Discord channel http://discord.com/invite/Trhab5w. We will respond ASAP!

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Join Celer Network’s Discord Channel!

🙌🙌 Don’t forget to join Celer Network’s Discord channel! You will get more updates on SGN development progress, technical updates and connect with our 1K+ members! 

➡️Join our discord channel NOW at https://discord.com/invite/Trhab5w

Technology:

Mobile:

  • Developed balance history UI for Android
  • Released Task Series feature
  • Released Lotto feature iteration
  • Supported 3rd-party iOS games

Backend:

  • Support SGN hard fork migration
  • Implementing reliable ETH transactor
  • Improve SGN access control

Community:

  • Twitter: 25.1K
  • Telegram: 23,720
  • WeChat: 9,210

Thank you for reading our 112th project progress report! Please join our telegram group to stay in touch and ask us questions!!

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