🚨 The Moonbeam Odyssey Program Trials is officially over... for now!!! 🚨
A huge thank you 🙌 to everyone who participated, showing off their creativity, ability to engage, and pushing boundaries.
With this initial Trials ending, the Evaluation Phase will start tomorrow. A period of 5-7 days will be initially taken to review all contributions and determine who has proved worthy of becoming an Odyssey Trailblazer 😍
Gaining the role of Odyssey Trailblazer means:
➡️ You will share in a token reward allocation!
➡️ Being a positive influence towards Moonbeam's Future: Your participation will directly impact the development and expansion of Moonbeam.
➡️ And for those who have put in exceptional effort on their content: Commemorative NFTs that will open up new possibilities in the future!
Stay tuned for updates! ☺️
A huge thank you 🙌 to everyone who participated, showing off their creativity, ability to engage, and pushing boundaries.
With this initial Trials ending, the Evaluation Phase will start tomorrow. A period of 5-7 days will be initially taken to review all contributions and determine who has proved worthy of becoming an Odyssey Trailblazer 😍
Gaining the role of Odyssey Trailblazer means:
➡️ You will share in a token reward allocation!
➡️ Being a positive influence towards Moonbeam's Future: Your participation will directly impact the development and expansion of Moonbeam.
➡️ And for those who have put in exceptional effort on their content: Commemorative NFTs that will open up new possibilities in the future!
Stay tuned for updates! ☺️
Come celebrate Moonrise on Moonbeam with us in tomorrow's X Space! 🎙
Joining us will be Aaron Evans from Moonbeam Foundation, Derek Yoo from Moonsong Labs, Francisco Agosti from Moondance Labs, and Jacob Blish from Glacis Labs – discussing Advancing Integrated Web3 👀
Details:
🗓 May 29th, 2024
⏰ 15:00 UTC | 11:00AM ET
Don't miss out on an excellent opportunity to get up to speed with Moonbeam's bright future 🌕
Set those reminders! – 🔔 https://x.com/i/spaces/1eaKbgQjEVqGX/peek
Joining us will be Aaron Evans from Moonbeam Foundation, Derek Yoo from Moonsong Labs, Francisco Agosti from Moondance Labs, and Jacob Blish from Glacis Labs – discussing Advancing Integrated Web3 👀
Details:
🗓 May 29th, 2024
⏰ 15:00 UTC | 11:00AM ET
Don't miss out on an excellent opportunity to get up to speed with Moonbeam's bright future 🌕
Set those reminders! – 🔔 https://x.com/i/spaces/1eaKbgQjEVqGX/peek
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🌟 The Odyssey Trailblazers! 🌟
We are thrilled to announce the results of our Moonbeam Odyssey Trials! From 70 participants, 5️⃣ exceptional individuals have stood out:
Meet the Trailblazers:
jdotbdot flyingtothemoon mrnetwork001 armentsk rinat2698
They've shown exceptional dedication, creativity, and leadership. Each will receive an exclusive NFT and access to a private Discord channel.
Leaderboard Update:
1. Verify at Moonbeam's Guildhall
2. Refresh the guild role button (top right of the quest block)
3. The leaderboard will update with final tiers.
Celebrating All Participants:
Your contributions have been invaluable! Points distribution updates will be shared soon.
Stay Engaged:
The journey continues! Your passion fuels our success. Congrats to our Trailblazers—here’s to making history together 🔥
Thanks to Arnold- Moonbeam Sr. Ambassador for the amazing announcement video!
We are thrilled to announce the results of our Moonbeam Odyssey Trials! From 70 participants, 5️⃣ exceptional individuals have stood out:
Meet the Trailblazers:
jdotbdot flyingtothemoon mrnetwork001 armentsk rinat2698
They've shown exceptional dedication, creativity, and leadership. Each will receive an exclusive NFT and access to a private Discord channel.
Leaderboard Update:
1. Verify at Moonbeam's Guildhall
2. Refresh the guild role button (top right of the quest block)
3. The leaderboard will update with final tiers.
Celebrating All Participants:
Your contributions have been invaluable! Points distribution updates will be shared soon.
Stay Engaged:
The journey continues! Your passion fuels our success. Congrats to our Trailblazers—here’s to making history together 🔥
Thanks to Arnold- Moonbeam Sr. Ambassador for the amazing announcement video!
Treasury Council Members are responsible for ensuring the responsible spending of treasury funds in the best interest of Moonbeam and Moonriver networks. They review and vote on proposals, communicate decisions to the community, and facilitate community-driven initiatives.
To learn more about the responsibilities, election process, and important dates, visit the forum post.
Don’t miss this opportunity to make a difference!
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Moonbeam Community Forum
Treasury Council Elections (July - December 2024)
Since the inception of the program, the Treasury Council has always contained a majority of community, non-Foundation members. However, their appointment was rolled into the governance motion which created the program. The current council consists of 5 community…
We have an important referenda in voting and need your participation!
🚨 This vote is to allocate the Season 3 of Ecosystem Grants, totaling 4.5 million GLMR, guided by recommendations from Gauntlet! 🚨
📓 Vote Details:
Budget: 4.5 million GLMR
Start Time: Thursday, May 30th at 14:00 UTC End Time: ~Thursday, June 6th
Track: Fast General Admin
This is a simple Aye/Nay vote to approve the budget allocation.
Grant Distribution:
1,350,000 GLMR (30%) to Stellaswap (DEX)
1,125,000 GLMR (25%) to Moonwell (Lending Protocol)
1,125,000 GLMR (25%) to Prime Protocol (Cross-Chain Interactions)
900,000 GLMR (20%) to Beamswap (Innovative Products)
Recipient Responsibilities:
Teams committed to deploy incentives by June 14th, following Gauntlet’s recommendations.
You can read more about it here
We encourage everyone to vote and help shape the future of Moonbeam!
How to Vote:
Visit the Moonbeam On-Chain Governance platform and cast your vote here
Thank you for your support! 🙏
🚨 This vote is to allocate the Season 3 of Ecosystem Grants, totaling 4.5 million GLMR, guided by recommendations from Gauntlet! 🚨
📓 Vote Details:
Budget: 4.5 million GLMR
Start Time: Thursday, May 30th at 14:00 UTC End Time: ~Thursday, June 6th
Track: Fast General Admin
This is a simple Aye/Nay vote to approve the budget allocation.
Grant Distribution:
1,350,000 GLMR (30%) to Stellaswap (DEX)
1,125,000 GLMR (25%) to Moonwell (Lending Protocol)
1,125,000 GLMR (25%) to Prime Protocol (Cross-Chain Interactions)
900,000 GLMR (20%) to Beamswap (Innovative Products)
Recipient Responsibilities:
Teams committed to deploy incentives by June 14th, following Gauntlet’s recommendations.
You can read more about it here
We encourage everyone to vote and help shape the future of Moonbeam!
How to Vote:
Visit the Moonbeam On-Chain Governance platform and cast your vote here
Thank you for your support! 🙏
Moonbeam Community Forum
Season 3: Ecosystem Grants
We are excited to announce an upcoming on-chain vote to allocate the third season of our ecosystem grants, totaling 4.5 million GLMR, strategically guided by the recommendations provided by Gauntlet. This initiative represents a significant step forward in…
UPDATE: Moonbeam Odyssey Program Trials (Phase 1)
Current Odyssey Trailblazers
We are working on the following:
• Your commemorative NFT & its distribution, more updates to follow
All Phase 1 Participants
The Points Distribution is still a work in progress! With last week's announcement, we have run into some issues but we are currently working to resolve them.
Addressing some of them for the future:
👉 Instruction Improvement:
We have noticed that quite a few submissions were not curated according to instructions. Moving forward, any instructions in future tasks/challenges will be simplified & we ask that you carefully follow & ensure your submissions are properly fulfilled.
👉 Platform Upgrade
You voted, we heard, and therefore the Moonbeam Community has made a change. See 🔗 image attached. We will now be moving forward with using *Galxe* for the next Phase of the Moonbeam Odyssey Program Trials!
We appreciate your continued patience.
More updates & developments to come! 🔥
Current Odyssey Trailblazers
We are working on the following:
• Your commemorative NFT & its distribution, more updates to follow
All Phase 1 Participants
The Points Distribution is still a work in progress! With last week's announcement, we have run into some issues but we are currently working to resolve them.
Addressing some of them for the future:
👉 Instruction Improvement:
We have noticed that quite a few submissions were not curated according to instructions. Moving forward, any instructions in future tasks/challenges will be simplified & we ask that you carefully follow & ensure your submissions are properly fulfilled.
👉 Platform Upgrade
You voted, we heard, and therefore the Moonbeam Community has made a change. See 🔗 image attached. We will now be moving forward with using *Galxe* for the next Phase of the Moonbeam Odyssey Program Trials!
We appreciate your continued patience.
More updates & developments to come! 🔥
Attn. Moonbeam Odyssey Program Trials (Phase 1) Participants
❗️IMPORTANT❗️
We need all Odyssey Trials (Phase 1) Participants to make sure that they have claimed their points via Moonbeam's Guildhall on Guild(.xyz)
1️⃣Verify by going to - https://guild.xyz/moonbeam
2️⃣Click on the refresh button via Guild
3️⃣After refreshing, scroll down to the Tiers > it will show which tier you are qualified for.
• The leaderboard should update to show everyone's final tier!
Need help on where to navigate? Please check out the attachment 🔗
⏳ EVERYONE HAS 48 HOURS TO CLAIM THEIR POINTS ⏳
From here, the Guild Leaderboard will be fully updated to close off Phase 1. Stay tuned for more updates! 🔥
❗️IMPORTANT❗️
We need all Odyssey Trials (Phase 1) Participants to make sure that they have claimed their points via Moonbeam's Guildhall on Guild(.xyz)
1️⃣Verify by going to - https://guild.xyz/moonbeam
2️⃣Click on the refresh button via Guild
3️⃣After refreshing, scroll down to the Tiers > it will show which tier you are qualified for.
• The leaderboard should update to show everyone's final tier!
Need help on where to navigate? Please check out the attachment 🔗
⏳ EVERYONE HAS 48 HOURS TO CLAIM THEIR POINTS ⏳
From here, the Guild Leaderboard will be fully updated to close off Phase 1. Stay tuned for more updates! 🔥
📢Reminder: Treasury Council Elections Closing Soon!
🔔 This is a reminder that the elections for 3 Non-Foundation Treasury Council Members will be closing soon. If you haven’t submitted your candidacy post yet, you have until June 6, 03:00 PM UTC to do so.
Check out some current treasury members' posts where they talk about their experiences being in the council!
👉 Michele's post
👉 Sik's post
🗓️Key Dates:
- Candidacy Post Period: May 30 - June 6, 03:00 PM UTC
- Community Review Period: June 6 - June 13, 03:00 PM UTC
- Snapshot Vote Period: June 13 - June 20, 03:00 PM UTC
➡️ To learn more about the responsibilities, election process, and important dates, visit the forum post.
Don’t miss this opportunity to make a difference!
🔔 This is a reminder that the elections for 3 Non-Foundation Treasury Council Members will be closing soon. If you haven’t submitted your candidacy post yet, you have until June 6, 03:00 PM UTC to do so.
Check out some current treasury members' posts where they talk about their experiences being in the council!
👉 Michele's post
👉 Sik's post
🗓️Key Dates:
- Candidacy Post Period: May 30 - June 6, 03:00 PM UTC
- Community Review Period: June 6 - June 13, 03:00 PM UTC
- Snapshot Vote Period: June 13 - June 20, 03:00 PM UTC
➡️ To learn more about the responsibilities, election process, and important dates, visit the forum post.
Don’t miss this opportunity to make a difference!
Moonbeam Community Forum
My experience like Treasury community member - Michele Iceberg
Dear Moonbeam Community, I want to take just a few lines to share experiences and insights collected over the past 6 months as a member of the Moonbeam Treasury Council. As you know, I had the pleasure of being elected by Moonbeam Community for this service…
📢Calling all Moonbeam Odyssey Program Trials (Phase 1) Participants
⏳All Odyssey Trials Participants have 3 HOURS LEFT to claim their points! ⏳
1️⃣ Verify by going to Moonbeam's Guildhall (*Make sure your wallet is connected)
2️⃣ Click on the refresh button via Guild
3️⃣After refreshing, scroll down to the Tiers > it will show which tier you are qualified for.
The leaderboard should update to show everyone's final tier!
*This is for all Odyssey Trials Participants from Phase 1 who participated in the trials from May 16-May 23.
*All those who claim before the deadline will be eligible for the rewards distribution
Thank you to all who took part in Phase 1 of the Odyssey Trials! ❤️
Stay tuned for the final capture!
⏳All Odyssey Trials Participants have 3 HOURS LEFT to claim their points! ⏳
1️⃣ Verify by going to Moonbeam's Guildhall (*Make sure your wallet is connected)
2️⃣ Click on the refresh button via Guild
3️⃣After refreshing, scroll down to the Tiers > it will show which tier you are qualified for.
The leaderboard should update to show everyone's final tier!
*This is for all Odyssey Trials Participants from Phase 1 who participated in the trials from May 16-May 23.
*All those who claim before the deadline will be eligible for the rewards distribution
Thank you to all who took part in Phase 1 of the Odyssey Trials! ❤️
Stay tuned for the final capture!
📢 Final Reminder: Vote Ends in 12 hours!
Just a quick reminder that the referenda for Season 3 of Ecosystem Grants ends in 20 hours!
Your participation is crucial in allocating the 4.5 million GLMR guided by Gauntlet’s recommendations.
📓 Vote Details:
Budget: 4.5 million GLMR
End Time: in 20 hours
Track: Fast General Admin
Vote Type: Aye/Nay to approve the budget allocation
Grant Distribution:
✔️ 1,350,000 GLMR (30%) to Stellaswap (DEX)
✔️ 1,125,000 GLMR (25%) to Moonwell (Lending Protocol)
✔️ 1,125,000 GLMR (25%) to Prime Protocol (Cross-Chain Interactions)
✔️ 900,000 GLMR (20%) to Beamswap (Innovative Products)
Recipient Responsibilities:
Teams committed to deploy incentives by June 14th, following Gauntlet’s recommendations.
Don't miss the chance to shape the future of Moonbeam! Cast your vote now on the Moonbeam On-Chain Governance platform here.
Thank you for your support!🙏
Just a quick reminder that the referenda for Season 3 of Ecosystem Grants ends in 20 hours!
Your participation is crucial in allocating the 4.5 million GLMR guided by Gauntlet’s recommendations.
📓 Vote Details:
Budget: 4.5 million GLMR
End Time: in 20 hours
Track: Fast General Admin
Vote Type: Aye/Nay to approve the budget allocation
Grant Distribution:
Recipient Responsibilities:
Teams committed to deploy incentives by June 14th, following Gauntlet’s recommendations.
Don't miss the chance to shape the future of Moonbeam! Cast your vote now on the Moonbeam On-Chain Governance platform here.
Thank you for your support!
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GM ☀️ Moonbeam Odyssey Program Trials Participants
Thank you to all who have participated in the final claiming process via Moonbeam's Guildhall. We have identified a total of 2️⃣6️⃣ Odyssey Trials Participants and the token reward allocations can now be underway!
Congratulations to the 26 finalists 👏
@armentsk, @rinat2698, @flyingtothemoon, @jdotbdot, @mrnetwork001, @leeroy5928, @bitcoin_manager, @51mplicity, @jain_apurva24, @stepaks675, Olga58008361 (on X), @cry9062, @konstiantyn, @lak419, @contextant, @maxmut96, @mekeyn, @badalister, @dimkaeth @austineking, xiexiaoli3 (on X), @cryptoholder_, zchkkv (on X), rectdao.eth, ismaelbdev (on X), 0x55a2...8ad3
You can expect your rewards to be distributed by sometime next week 👀
A big THANK YOU to everyone who participated in Phase 1 of the Odyssey Trials 🙏 Stay tuned for news on Phase 2!
Thank you to all who have participated in the final claiming process via Moonbeam's Guildhall. We have identified a total of 2️⃣6️⃣ Odyssey Trials Participants and the token reward allocations can now be underway!
Congratulations to the 26 finalists 👏
@armentsk, @rinat2698, @flyingtothemoon, @jdotbdot, @mrnetwork001, @leeroy5928, @bitcoin_manager, @51mplicity, @jain_apurva24, @stepaks675, Olga58008361 (on X), @cry9062, @konstiantyn, @lak419, @contextant, @maxmut96, @mekeyn, @badalister, @dimkaeth @austineking, xiexiaoli3 (on X), @cryptoholder_, zchkkv (on X), rectdao.eth, ismaelbdev (on X), 0x55a2...8ad3
You can expect your rewards to be distributed by sometime next week 👀
A big THANK YOU to everyone who participated in Phase 1 of the Odyssey Trials 🙏 Stay tuned for news on Phase 2!
🌖 Big News from Moonbeam Network! 🌖
📢 We are thrilled to announce the Moonbeam Network's Innovation Fund!
This will be a funding initiative that provides $10 million in development support for:
🎮 Gaming solutions
🏠 Real world assets
In addition to the innovation fund, we will be offering $3 million in ecosystems grants:
💰 $1.5 million to Moonbeam
💰 $1.5 million to Moonriver
✨ The Innovation fund marks the next phase in Moonbeam's evolution as the leading solution for integrated Web3 networks, including Polkadot, Ethereum, and the broader EVM ecosystems.
🌟 We'll be introducing Innovation Fund recipients to our Venture Capital network that include Arrington Capital, Scytale Digital, Coinfund, Ape Terminal, AD8 Dot Play, and more!
🤝 Our strategic partnerships include co-organizing physical and virtual events, integrating new features on Moonbeam, and promoting these collaborations to relevant studios and projects.
Stay tuned for more updates and join us as we embark on this exciting journey!
📢 We are thrilled to announce the Moonbeam Network's Innovation Fund!
This will be a funding initiative that provides $10 million in development support for:
🎮 Gaming solutions
🏠 Real world assets
In addition to the innovation fund, we will be offering $3 million in ecosystems grants:
💰 $1.5 million to Moonbeam
💰 $1.5 million to Moonriver
✨ The Innovation fund marks the next phase in Moonbeam's evolution as the leading solution for integrated Web3 networks, including Polkadot, Ethereum, and the broader EVM ecosystems.
🌟 We'll be introducing Innovation Fund recipients to our Venture Capital network that include Arrington Capital, Scytale Digital, Coinfund, Ape Terminal, AD8 Dot Play, and more!
🤝 Our strategic partnerships include co-organizing physical and virtual events, integrating new features on Moonbeam, and promoting these collaborations to relevant studios and projects.
Stay tuned for more updates and join us as we embark on this exciting journey!
🌖 Moonriver Community Announcement 🌖
We have two important referendums that need your vote!
🔠 Referendum 57: Authorize Upgrade to Runtime 3000
This upgrade will bring 6s block times to Moonriver.
📖 Learn more here.
🗳️ Vote here.
🔠 Referendum 58: Moonrise Initiative
This referendum seeks community approval to use Parachain Bond Reserve funds for grants aimed at boosting DeFi on Moonriver.
You can refer back to previous Moonrise announcements for more context.
📖 Learn more here.
🗳️ Vote here.
❗️ Your participation is crucial in shaping the future of Moonriver! Thank you for your support and engagement
We have two important referendums that need your vote!
This upgrade will bring 6s block times to Moonriver.
📖 Learn more here.
🗳️ Vote here.
This referendum seeks community approval to use Parachain Bond Reserve funds for grants aimed at boosting DeFi on Moonriver.
You can refer back to previous Moonrise announcements for more context.
📖 Learn more here.
🗳️ Vote here.
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Moonbeam Community Forum
Use of Parachain Bond Reserve to Fund Moonriver Grants (June 2024)
TL;DR In April 2024, a Forum post solicited community input to shape Moonriver’s DeFi strategy and explore using the parachain bond reserve. Three teams submitted proposals, and after a thorough evaluation, the Beamswap team was selected to receive funding…
🌖 Treasury Council Election (July - December 2024) Weighted Snapshot Vote is LIVE!
Go ahead and cast your vote on Snapshot 🗳
The election process and details are in this Forum post.
🕔 Timeline:
• June 13, 03:00 PM UTC: Voting begins
• June 20, 03:00 PM UTC: Voting ends
📔 Summary:
• 7 candidates in total.
• 3 candidates with the most votes will join the Treasury Council.
• Positions are held for 6 months starting July 2024.
• Make sure to read all applications and discussions before voting.
Note: Changing your vote in the last 10 hours is not allowed and will result in disqualification. We ask you to consider your vote carefully.
Go ahead and cast your vote on Snapshot 🗳
The election process and details are in this Forum post.
🕔 Timeline:
• June 13, 03:00 PM UTC: Voting begins
• June 20, 03:00 PM UTC: Voting ends
📔 Summary:
• 7 candidates in total.
• 3 candidates with the most votes will join the Treasury Council.
• Positions are held for 6 months starting July 2024.
• Make sure to read all applications and discussions before voting.
Note: Changing your vote in the last 10 hours is not allowed and will result in disqualification. We ask you to consider your vote carefully.
Moonbeam Community Forum
Treasury Council Elections (July - December 2024)
Since the inception of the program, the Treasury Council has always contained a majority of community, non-Foundation members. However, their appointment was rolled into the governance motion which created the program. The current council consists of 5 community…
GM Moonbeam 🌖 Upcoming X Spaces reminder!
Moonbeam’s $10M Innovation Fund is a new initiative as part of #Moonrise
The focus of the fund is to invest in the evolution of Web3 gaming and RWAs.
🎤 Tune in for our live Innovation Fund discussion on X’s Spaces
🗓 June 19th
⏰ 6 PM UTC
RSVP⬇️
> https://x.com/moonbeamnetwork/status/1801766068178063607
Moonbeam’s $10M Innovation Fund is a new initiative as part of #Moonrise
The focus of the fund is to invest in the evolution of Web3 gaming and RWAs.
RSVP
> https://x.com/moonbeamnetwork/status/1801766068178063607
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⏳Voting for the Treasury Council Election Closes in less than 24 Hours! 😮
🗳️ Be sure to submit your vote on Snapshot
👉 Check out this forum post for more details & info on the election process!
Official Closing Date & Time:
• June 20, 03:00 PM UTC
Note: Changing your vote in the final 10 hours is not allowed and will result in disqualification. Please consider your vote carefully!
🗳️ Be sure to submit your vote on Snapshot
👉 Check out this forum post for more details & info on the election process!
Official Closing Date & Time:
• June 20, 03:00 PM UTC
Note: Changing your vote in the final 10 hours is not allowed and will result in disqualification. Please consider your vote carefully!
Moonbeam Community Forum
Treasury Council Elections (July - December 2024)
Since the inception of the program, the Treasury Council has always contained a majority of community, non-Foundation members. However, their appointment was rolled into the governance motion which created the program. The current council consists of 5 community…
🌜 Moonwell DeFi Spotlight 🌛
Today, we’re excited to highlight Moonbeam’s largest lending protocol by TVL, Moonwell DeFi!
🔗 Discover More
🌝 What is Moonwell? It is a native, decentralized, multi-chain lending protocol on Moonbeam, with additional deployments on Base and Moonriver.
🚀 Coinbase Smart Wallet Integration: This integration makes it easier than ever to get on-chain and onboarded to DeFi.
💰 Supported Assets for Lending and Borrowing:
GLMR
DOT
FRAX
USDC
USDT
ETH
BTC
🔒 WELL Staking: Stake your WELL tokens for additional benefits!
🗳 Decentralized Governance: The WELL token is key to Moonwell’s evolution, enabling holders to participate in governance decisions on Moonbeam, Moonriver, and Base through on-chain and Snapshot voting.
🌉 Easy Transfers: Bridge and transfer WELL tokens to and from Moonbeam via Wormhole directly from the Moonwell app.
For more details, click the tweet link and dive deeper into Moonwell's offerings!
Today, we’re excited to highlight Moonbeam’s largest lending protocol by TVL, Moonwell DeFi!
🔗 Discover More
🌝 What is Moonwell? It is a native, decentralized, multi-chain lending protocol on Moonbeam, with additional deployments on Base and Moonriver.
🚀 Coinbase Smart Wallet Integration: This integration makes it easier than ever to get on-chain and onboarded to DeFi.
💰 Supported Assets for Lending and Borrowing:
GLMR
DOT
FRAX
USDC
USDT
ETH
BTC
🔒 WELL Staking: Stake your WELL tokens for additional benefits!
🗳 Decentralized Governance: The WELL token is key to Moonwell’s evolution, enabling holders to participate in governance decisions on Moonbeam, Moonriver, and Base through on-chain and Snapshot voting.
🌉 Easy Transfers: Bridge and transfer WELL tokens to and from Moonbeam via Wormhole directly from the Moonwell app.
For more details, click the tweet link and dive deeper into Moonwell's offerings!
moonwell.fi
Moonwell - Lending made simple
Moonwell is an open lending and borrowing protocol on Base, Moonbeam, and Moonriver. Moonwell`s intuitive interface simplifies the lending experience for everyone, from newcomers to crypto experts.
We are thrilled to announce that the Snapshot vote for the Treasury Council elections has concluded. The Treasury Council members for the next 6 months, starting from July 2024, are:
🌟 Michele Iceberg
🌟 Yaron - ExtraCoin
🌟 Simon - "Sik"
Let’s give a warm welcome to Michele, Yaron, and Sik as they take on this important role!
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Moonbeam Community Forum
My experience like Treasury community member - Michele Iceberg
Dear Moonbeam Community, I want to take just a few lines to share experiences and insights collected over the past 6 months as a member of the Moonbeam Treasury Council. As you know, I had the pleasure of being elected by Moonbeam Community for this service…
This is a quick reminder that Moonriver will upgrade to RT3000 today at ~ 13:10 UTC. (Kusama block 23,752,929).
Moonriver should switch to 6s blocktime with this upgrade.
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Today (June 24, 2024) at approximately 17:00 UTC, staking and collator rewards were incorrectly calculated for a single round (1,200 blocks), and an excess of MOVR was distributed.
The issue resolved itself in the next round, reward distribution returned to normal, and no further distribution issues are anticipated.
What happened?
The issue relates to the enabling of Asynchronous Backing on Moonriver in RT3000, which occurred earlier today (at approximately 13:11 UTC).
🔽 The Moonriver technical team is conducting further analysis and will share more details of this incident in the coming days.
🔽 The RT3000 upgrade for Moonbeam will be canceled and replaced with RT3001 to avoid this issue occurring on Moonbeam.
Although unfortunate, bugs do happen, and this incident demonstrates Moonriver's value as Moonbeam's incentivized canary network.
The issue resolved itself in the next round, reward distribution returned to normal, and no further distribution issues are anticipated.
What happened?
The issue relates to the enabling of Asynchronous Backing on Moonriver in RT3000, which occurred earlier today (at approximately 13:11 UTC).
🔽 The Moonriver technical team is conducting further analysis and will share more details of this incident in the coming days.
🔽 The RT3000 upgrade for Moonbeam will be canceled and replaced with RT3001 to avoid this issue occurring on Moonbeam.
Although unfortunate, bugs do happen, and this incident demonstrates Moonriver's value as Moonbeam's incentivized canary network.