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:
|Phase||Timeline||Validator Set||Slashing||Daily Reward|
|0||now – Nov 29, 2020||Whitelisted: Celer Foundation||Disabled||0|
|1||Nov 30, 2020 – early Jan 2021||Whitelisted: Celer Foundation||Disabled||102,500 CELR|
|2||Start from early Jan, 2021||Whitelisted: Celer Foundation and Staking Partners||Disabled||205,000 CELR|
|3||Upon satisfying phase 2 results||Whitelisted: Celer Foundation and Staking Partners||Enabled||410,000 CELR|
|4||Upon satisfying phase 3 results||All Public Staking Partners||Enabled||820,000 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
- Developed balance history UI for Android
- Released Task Series feature
- Released Lotto feature iteration
- Supported 3rd-party iOS games
- Support SGN hard fork migration
- Implementing reliable ETH transactor
- Improve SGN access control
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Thank you for reading our 112th project progress report! Please join our telegram group to stay in touch and ask us questions!!