Development Update: 24th January 2022
LGCY Network has now officially been open to the public for almost two weeks representing an exciting time for both the team and community as the network continues to be stress tested by both our development team and community alike.
The SuperNova MainNet is delivering blazing fast speeds at an incredibly low cost as promised and the team continue to monitor the chain around the clock. We are actively addressing identified bugs including the addition of secure API’s.
We are pleased with the initial response to our Staking program where we have already locked up over 144 million LGCY TVL and over 1,000 wallets created on the SuperNova MainNet.
A USDL faucet has been created by one of our community members (Jo.Mikel) and funded by the LGCY Network team to temporarily allow free USDL to stake while wallets and centralised exchange partners finish integrating.
Instructions can be found here:
The new User Interface is currently being tested and as soon as it is up and running we will begin building out more intuitive features so you can have access to more data on the blockexplorer.
We are also on track with MyriaDex which is prioritised for launch and we are additionally working closely with the Pendulum team who are now gearing up to launch their Yield Farming App.
User Issues Being Addressed
We are aware that some users have been having some issues with the majority of identified issues being resolved by simply clearing cache/cookies.
Other issues with swapping have been due to not registering the same ERC20 address that users are sending from. Please recheck the instructions and follow the guides. Another common issue has been the browsers, and the development team recommend using Google Chrome to avoid any compatibility issues.
New updated road map to look forward to:
Third party wallet extensions and Centralised Exchange Partners are almost finishing integrating and we expect this to be completed within the next 2 weeks.
The multi chain bridge will follow immediately after wallet integrations are done. After this is set up, the rest of the Governing Bodies will be onboarded and Governance /GB staking on the chain can begin.
Once the Bridge, Wallet/CEX integrations, and Governing Bodies are loaded, we can release MyriaDex (ETA 4 weeks) and Pendulum shortly following after.
We have many partners that have started building with a range of projects the team are supporting to integration into the SuperNova MainNet.
We are excited to bring further developments and drive greater scale adoption of the LGCY SuperNova MainNet during 2022.
About LGCY Network
LGCY Network is a DPoS, Open Source blockchain protocol with industry leading transaction speed and flexible utility. Running on the Liberia’s Protocol, the network aims to be the most truly decentralised dApp blockchain in the world.
Bringing true decentralisation with DPoS by implementing the Libertas Protocol to the Governing Bodies (GB’s) system of governance. By splitting up the 27 GB’s into three branches, limiting the power of each, and introducing terms to the governance system, no single large token holder will be able to gain an unbalanced amount of power.