Ergopad Project Update #5
Hello fellow Ergonauts! As you probably know, we’ve been super busy the past couple of weeks working on the Paideia contribution phase ahead of April’s IDO. As such, we wanted to provide you with an update about how things are going overall, as well as on what the development team has been working hard on.
Paideia Update
So far, roughly 26 million of the 28 million tokens have been claimed in the staker round, and 31 million of 36 million tokens have been claimed in the seed round.
Please note, that starting on April 1st, waitlisted individuals will be airdropped whitelist tokens for the seed round. Accordingly, anyone that is on the seed round whitelist should attempt to make their contributions before then.
The whitelist for the Paideia strategic round is April 4th, so mark your calendars if you don’t want to miss it.
Marketing Update
Our marketing team has grown and now consists of two full-time marketing specialists and a moderating team for the social accounts. Additionally, we have brought on some help to grow our Chinese community and now have a Chinese QQ and Telegram channel.
Furthermore, we are reaching out to various advertising agencies, and some crypto news outlets that will share our content.
Also, if you haven’t noticed, we now have un-tracked listings for Ergopad on Coingecko and Coin Market Cap. It always helps us if you go like the project and leave a comment on those platforms. Tracked listings are coming very soon; the Ergodex team built an API and we’ve got word that CMC has picked up the project and will be implementing Ergo token prices in their code very soon!
New Upcoming IDOs
We have four new projects in the pipeline and more to announce soon. The IDO schedule is getting tight, and April will be a gaming-focused month! Ergogames.io and Darkpool will have the staker snapshots in April, and there will be a whitepaper released for both very shortly. Expect some art and in-game videos from Darkpool in a few days and an official press-release for both projects very soon.
We’ll also be working on the project pages on the Ergopad website to include roadmaps and tokenomics, to move away from using Google Sheets.
Proof of Ergo
We are sponsoring a new Ergo based newscast called Proof of Ergo. This will be hosted by James Kevar from Your Cardano Update. He has already recorded the first show, and it will go live early April. Proof of Ergo will be aired bi-weekly, and feature two interviews per show relating to Ergo and the Crypto ecosystem as a whole. The first episode features Armeanio and the Ergopad management team. The second episode will cover both Darkpool and Ergogames.io.
Ergopad Developer Update
Project Launch Automation
In terms of technical updates, we are finishing up the new launch setup which automates the process of airdropping tokens to whitelisted wallets. Specifically, we will be using a smart contract that will only release tokens if the user supplies an equal amount of the whitelisted tokens. This will utilize an ErgUSD oracle to calculate the amount of Erg needed in an effort to keep this process 100% on-chain. This distribution/proxy box will also ensure that any tokens released are placed into a vesting box that has the correct parameters. These include vesting period length, number of periods, etc. From there, the user will receive a minted NFT that they can use to redeem the tokens in accordance with the vesting schedule. This NFT allows the tokens that are still locked in vesting contracts to be transferred, an upgrade from the Ergopad vesting contract which is locked to a specific address.
Additionally, we realized relatively late in the process that there was a mismatch between EIP-12 and SigmaRust, but luckily SafeW already had it implemented correctly and Nautilus was fast as always to implement an associated fix so that we could go live last weekend as planned, for the Paideia contribution round.
ErgoPay Now Supported
This is a big one! While writing this update, the dev team completed ErgoPay implementation. You can now stake/unstake and contribute/redeem using the Ergo mobile wallet. We’re very excited as this implementation was quite complicated to get right.
Other Notable Updates
- We’ve implemented support for the ErgoPay backend on ErgoPad.io. This solution will be made available over the coming days so that the “stake/unstake” and “contrubution/redeem” options relating to vesting will be available on your phone’s Ergo wallet.
- We are taking some time (a week or 2) to ensure everything is stable and lingering “to-dos” are dealt with, before we dive head first into Paideia development. We wouldn’t want to interrupt Paideia development too much by buggy launch functionality and with the amount we have planned for the coming months, bugs in the launch setup would be an unnecessary distraction.
- We are fixing any other remaining known bugs such as the “red screen of death” error.
- We added necessary API endpoints to provide ErgoPad TVL to DefiLlama. This will also translate to other platforms and be displayed on the Ergopad website token page.
- Performance tuning and optimization using SQL and Ergo AppKit, direct queries to ergo blockchain explorer, and chained transactions.
- Improved automation for common tasks, including daily emission and compounding. These will eventually be run by a decentralized bot network that is planned to first run adjacent to the Paideia platform.
- Implementation of Pytest to improve stability of code.
- Our team is now using ZenHub and devops, since we are growing quickly.
- There is also some work being done to improve security and stability: penetration testing using Kali tools, SQL injection testing (swlmap), microservice tweaks, and a quick node docker which allows us to sync an ergo node quickly when it loses sync on our production server.
We hope that this update is helpful, and please reach out to us at any time with questions about some of the updates above. We look forward to keeping you up-to-date on developments over the coming days and weeks.
-The ErgoPad Team
