Taraxa Progress Update: July, 2024

State of the network as of August 4, 2024:

2.1 billion TARA staked and delegated
70 active consensus nodes on the Mainnet
3,111 active consensus nodes on the Testnet
12,892 unique wallet addresses on the Mainnet

Ecosystem Highlights:

The Ficus Root Bridge has been deployed on the Mainnet and will activate in ~7 days on August 7, 2024! The dev team is working closely with the validator community as well as exchange partners to ensure a smooth network upgrade.

$TARA #FicusRootBridge Upgrade is here! 🥳 Please upgrade your node ASAP, the upgrade will trigger in ~1 week from now.

🚀 Enables the Ficus Root Bridge
💡 Activates at block height 11,616,000 (~ Aug 7, 7UTC)
⛏️ Tech details: https://t.co/XTXIOT5Iun pic.twitter.com/iNXMgF2xmw
— Taraxa Project (@taraxa_project) July 31, 2024
A long-line of DeFi ecosystem projects will be launching soon after the Ficus Root Bridge, LFG Taraxa!

$TARA 's #FicusRootBridge is almost here.

⚒️ Deployed Mainnet - wk of July 29
🚀 Activates on Mainnet - wk of Aug 5

We're working w/ our Validators + exchange partners to ensure a smooth deployment & activation process. Stay tuned! 🪁 pic.twitter.com/mBe7VG7WYx
— Taraxa Project (@taraxa_project) July 29, 2024
LARA_DAO, the first liquid staking protocol on Taraxa, sold out its presale in under 7 hours! Liquid staking is a critical infrastructural component as well as catalyst for Taraxa's DeFi ecosystem, marking an excellent start!

#DeFi on $TARA off to a great start with liquid staking on @Lara__DAO !! 🚀🚀 https://t.co/IVNliytqib
— Taraxa Project (@taraxa_project) July 28, 2024
Taraxa's Social AI ecosystem is growing! We're signing up partners such as CryFi to broaden the reach of our AI-generated trading signals from trendSpotter, the automated trading AI model built on top of Taraxa Echo.

$TARA 's social AI ecosystem is growing, day by day. @0xTrendSpotter + @Cryfi_app_ together help make our unique AI-generated social signals more widely available to traders everywhere.

Make the impossible happen w/ #Taraxa , build w/ us: https://t.co/2J7nKRzdcL https://t.co/zYme07GC1Z
— Taraxa Project (@taraxa_project) July 31, 2024
FusyFox, the first AAA game on Taraxa, has broken through over 2,104 unique active wallets! FusyFox brings along not just a AAA arena shooter to the Taraxa ecosystem, but also a full suite of gameFi to enhance the gaming experience. Check it out if you haven't already!

@fusyfox on $TARA has hit 2,104 unique wallet addresses since launch! https://t.co/BBwcwRO6LZ

Go 🦊 !!

Build w/ us: https://t.co/2J7nKRzdcL pic.twitter.com/KuoT4KLWt1
— Taraxa Project (@taraxa_project) July 23, 2024
Tara.to , the first fully community-built and operated explorer, has been quietly indexing all of Taraxa's on-chain contracts, enabling the community to verify & track all their asset holdings in one place!

Also a huge shout-out to https://t.co/bukq2AlbFI ! The first 100% community-built and operated explorer with contract verifications and on-chain asset indexing!!
— Taraxa Project (@taraxa_project) July 23, 2024
Fusy.app is launching soon! It's a DEX + Launchpad + NFT marketplace all rolled into one. Check out our AMA to learn more about Fusy.app 's features, its incentive system, and future roadmap!

Check out @FusySwap 's exciting features and roadmap in this AMA recording!

🚀 DEX + Launchpad + NFT market
💰 Point system as incentives for liquidity & usage
🎮 FusyVerse & cross-chain swaps on the roadmap

Check it out at https://t.co/t3NDII811N ! https://t.co/bc1Mp23Qtk
— Taraxa Project (@taraxa_project) August 1, 2024
Check out our June 2024 Monthly Dev Update.

In case you missed it, here's the recording for Taraxa's Monthly Development Update for June, 2024.

Per usual, a written transcript will be published shortly afterwards. Thank you for listening and submitting such great questions!! https://t.co/l5PdfkTCEb
— Taraxa Project (@taraxa_project) July 4, 2024
Ficus Root Bridge's final audit by Trail of Bits has been completed and the dev team is following up with their findings with the final audit report on the bridge issued soon after.

$TARA 's #FicusRootBridge received our second follow-up audit report from @trailofbits , dev team following up with the recommendations, final audit report to be issued soon.

Build on $TARA b/c security matters here: https://t.co/2J7nKRzdcL pic.twitter.com/D1dLs323lb
— Taraxa Project (@taraxa_project) July 18, 2024
We've been working on a complete rebranding of the Taraxa project to make our market presence more consistent and professional. Stay tuned for more updates!

Notice something different about $TARA ?

We're rolling out our re-branding in phases across all platforms, culminating in a fully rebuilt website. This makes @taraxa_project 's market presence more consistent and professional.

Build with us: https://t.co/2J7nKRzdcL pic.twitter.com/xqZ0ZHfCmD
— Taraxa Project (@taraxa_project) July 22, 2024

🪁 Keeping up with the latest in Taraxa

Stay tuned! 🪁