Weekly Development Update
15th December 2021
As we approach the end of Quarter 4, LGCY Network are pleased to provide our community with an update from across our ecosystem as we finalize the launch of our Supernova MainNet.
Our development team have been busy stress testing and putting the network through its paces whilst also engaging closely within the developer community to complete vital documentation and engagement material that will enable our partners, clients, and developers to effectively build on LGCY Network.
We are pleased to announce that API’s (Application Programming Interface) are now live on MainNet providing an interface between LGCY Network and user applications built by our developer community. This step creates an important tool for our developer community to leverage to enable them to harness the full power of the Supernova MainNet.
We are continuing to expand and grow our community of Governing Bodies (currently 7 + 2 partners ) who will play a critical role in ensuring governance and controls of the Libertas Protocol are effectively managed and implemented ensuring our drive for true decentralization is achieved.
We are proud of the smooth running of the network to date, with us now passing over 600,000 blocks processed successfully on the network.
A major aspect of our sprint cycle has been to finalize full developer documentation published to support individuals and projects who are building on LGCY Network ensuring a comprehensive knowledge bank and resource library are available. This includes detailed documentation on the LGCY and USDL Native tokens which are released and will be expanded upon shortly.
The team remain focused and on track to roll out the public release of Supernova MainNet in Q4, ensuring that LGCY Network is well positioned to drive adoption and scale in 2022.
WGOV $WORLD IDO Contributions Closed
We would like to advise our community members that reservations for $WGOV, the governance token of $WORLD are now officially closed.
Please ensure that no further funds are sent.
The $WGOV LRC20 token will be released as soon as the LGCY Network MainNet is live, and the $WGOV token will be available on a Centralized Exchange Partner (CEX) upon its release.
LGCY Network & SifChain (ROWAN) Partnership
We are proud to announce our partnership with SifChain (dex.sifchain.finance) as we continue to establish a diversified selection of both Centralized and Decentralized trading exchanges for our community.
Both LGCY Network and SifChain are jointly contributing the liquidity provision on the SifChain Dex supporting the foundations of an effective trading solution for our communities.
Watch this guide for more detailed overview of how to import:
https://www.youtube.com/watch?v=okuEndeGRHA
Liquidity providers can earn income by providing liquidity in these pools with an APR of at least 100%. Community members can follow these instructions that explain in more detail how to provide liquidity with $ROWAN:
https://www.youtube.com/watch?v=Z5_w_RnUPIY
The new token launch will go live on Wednesday 15th of December PST.
SifChain an Omni-Chain solution for DEXes allowing more flexible trading capabilities which will support cross-chain transactions for 20–25 of the top blockchains including Bitcoin, Binance Chain, Polkadot, and EOS.
Swappers can send a transaction to a liquidity pool, trading tokens they have for those on the other side of the pool enabling trading in a truly decentralized way.
Closing Comments
We are proud of the progress made throughout 2021 as we continue to strive to deliver a superior blockchain network that delivers speed, scalability, and security to our community.
We are excited to be on the cusp of the Supernova Public Release enabling a wide range of opportunities for our community to engage, build and utilise our network as we enter 2022.
We would like to thank our community for their continued support, encouragement, and engagement which we know will fuel LGCY Network to greater heights in 2022 and beyond.
