TomoChain Weekly Recap (01/03 - 07/03)
TomoChain passed by an eventful week with a newly established partnership, many updates on products and more while the crypto market appeared to stabilize. Let’s hit the outlines every Monday to catch up on our weekly recap.
TomoChain
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TomoChain is thrilled to be partnering up with Big Data Protocol, paving the way for TOMOE to be included in the 12 seed pools among some of the industry-leading projects to be farming the BDP token on its upcoming DeFi Data Marketplace. TOMOE staking has been available since 4 pm UTC,4 March 2021, with the rewards distribution starting out 2 days later.
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Regarding the support for native TOMO on IDEX, although the submission was closed in January 2021, we decided to continue supporting the holders with the locked TOMO on IDEX by offering two options. Please look into this announcement and follow the instructions to get your $TOMO back.
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The swap fee from native $TOMO to $TOMOE ERC20 has been updated to 20 TOMO/transaction, effective today, Mar 8, 2021. We’ve subsidized most of the actual swap fee since the launch of TomoBridge, despite the ever-increasing Ethereum gas fee, keeping the increase to a minimum.
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Unstaking has been enabled for all LPS stakers on the Lition blockchain. Learn more about the 2 options that Lition Pool Stakers can choose from.
LuaSwap
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The LuaSafe function on the TomoChain network is officially live. Let’s enjoy earning some more LUA with nearly zero-fee transactions and instant speed on the TomoChain network. Make sure your Metamask wallet is connected to TomoChain mainnet.
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LuaSwap on TomoWallet Android version has operated normally. Android users can get access to LuaSwap via TomoWallet to experience all its functions including LuaSwap, LuaSafe & Staking.
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TomoChain Cheat Sheet series continues with the topic “Farming on LuaSwap". While the first chapter provides a complete overview of LuaSwap for beginners using the most fundamental information, the second one will ease farmers into the farming life with different functions.
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It is recorded that more than 13,000 $LUA was bought back and shortly distributed to LuaSafe stakers last week on the Ethereum network only. Another milestone to be celebrating!
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On March 5th, our LuaSwap’s Marketing Manager, Ha Hoang, joined an AMA with Venus Queen to share about LuaSwap and its profitable incentives. Thank you Venus community for welcoming us and showing your enthusiasm towards our growing project!
