Helium Waves Stepn

2022-09-19 23:55:07 Waves founder: DAOs will never work without fixing governance

Decentralized Autonomous Organizations (DAOs) have been heralded as the future of governance, unlocking a more egalitarian approach to decision-making. However, decentralizing leadership isn’t a magical solution that instantly leads to better results. To truly get the most out of a decentralized organization, steps must be taken to regulate weighted voting and tokenomics. If not carefully balanced, DAOs can implode — and some already have. DAOs offer a model for managing a project or company that distributes voting rights across all members. There is usually no central authority, only the will of the collective. While this sounds equitable in theory, the opposite can be true for certain governance models.

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2022-09-18 23:52:02 Binance’s erroneous payouts had these effects on HNT’s performance

Leading crypto exchange Binance, as of 16 September, made a massive blunder that turned out profitable for some users. According to new reports, Binance erroneously paid out about 4.8 million Helium [HNT] tokens to some users. Many of these users took advantage of the situation and sold the alt at a profit. The mistaken payments resulted from an accounting bug on the exchange, as per reports. Helium Network has two tokens. These are the HNT token – which the network pays its hotspot hosts. The second is the MOBILE token – paid to the operators of the network’s 5G infrastructure. Although closely linked, these assets are distinct.

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2022-09-17 22:30:51 Binance misallocates $20M Helium’s HNT tokens in mistake

Binance misallocated roughly $20 million of Helium’s HNT token to its users due to an accounting bug, Coindesk reported on Sept. 16. According to the report, Binance has since patched the bug after its discovery. The Helium ecosystem has two tokens, HNT and MOBILE. HNT is the native token used to reward hotspot hosts, while the MOBILE token was launched in August and currently lacks a liquid market. Binance erroneously counted the two tokens as one, as users who sent MOBILE tokens to its platform got an equal amount of HNT instead. Helium community is currently voting on a migration proposal to Solana (SOL).

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2022-09-16 21:20:10 STEPN Launches Its Own Multi-Chain DEX DOOAR

Move-to-Earn Web3 platform STEPN announced on August 17 its launch of DOOAR, a multi-chain decentralized exchange (DEX) built by Find Satoshi Lab for STEPN users and beyond, with a brand new UI/UX design. STEPN is a Solana mobile app within which users can earn GST tokens by walking, running, or jogging, while DOOAR is a platform seeking to channel sustainability into STEPN’s ecosystem and giving back to the community at the same time. STEPN unveiled the plan as early as June this year to boost liquidity for its GST and GMT tokens and take full control of the fee structure. At that time, it said the plan would undergo three stages.

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2022-09-15 23:20:09 Solana (SOL) Heats Up 7% In Last 24 Hours As Helium Eyes Merge

SOL, Solana’s native coin, has seen its value increase since the announcement of its impending merger with Helium. The developers of Helium came up with HIP 70, which aimed to relocate the entire Helium supply chain to Solana. According to a Medium post published by Solana on August 31, the company proposes migrating the Helium ecosystem from the L1 chain to its own “highly-scalable and fast blockchain,” which will allow for “higher uptimes, greater composability, and a faster user experience while maintaining the security and low cost of using the Helium Network.”

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2022-09-15 00:01:06 STEPN Inflation and Cheating Risk Makes Tamadoge a Stronger P2E Pitch

STEPN is a project that has engineered and brought to market the idea of “move to earn”. It was an innovation that garnered both interest and ridicule: some were optimistic that blockchains could incentivise people to do more exercise, whereas others (quite reasonably) questioned how it could be sustainable that someone could be paid for simply moving. When projects are still small, high inflation rates are less problematic since the inflation is used to decentralise the ownership concentration between more parties, and because the high rate of growth in the network means that the selling pressure can be offset somewhat.

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2022-09-13 23:25:09 Algorand throws hat in ring as Helium community begins vote on Solana migration

Algorand (ALGO) network believes it would be a better option for Helium (HNT) than Solana (SOL) even as voting commenced on the migration proposal. Two top executives of Algorand urged Helium developers to reconsider their stance on Solana because ALGO’s network offers a better option. Algorand’s chief technology officer John Woods tweeted that ALGO’s blockchain meets Helium’s need for “a secure, robust and scalable chain.”. The view was also shared by Algorand’s founder and CEO, Silvio Micali, who said that Algorand is ready to support Helium with its “secure, scalable, and TRULY DECENTRALIZED blockchain.”. An Algorand-focused VC and Helium investor Borderless Capital also wants the wireless network developers to reconsider their move to Solana.

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2022-09-12 22:00:42 Waves Founder Suggests Crypto Regulations To Control Market Manipulation

As the crypto market has been facing a long lasted winter and the Fed is adding fuel to the fire with its hawkish approach to fight inflation and protect users, global tech tycoons and industry experts have been pointing out their opinions on the situation.Similarly, in an interview, Sasha Ivanov, founder of the Wave, a blockchain company allowing users to launch custom tokens, said that government authorities need to regulate the crypto industry to handle market manipulation and prevent investors from troublemaker projects.

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2022-09-12 00:31:07 Helium (HNT) Recovers With Double-digit Gain

Despite a strong bullish run in recent months, Helium (HNT) was unable to hold its ground against tether (USDT), with the price falling from an all-time high of $50 to around $5. The recent price increase in Bitcoin (BTC) has had a positive impact on the overall market, as most altcoins continue to show strength, producing more than 100% gains, with Helium (HNT) price also in the picture due to its impressive recovery.The price of HNT has struggled to replicate its recent bullish move, which saw the price rally to $50 with a strong bullish sentiment. After falling from a high of $50 to a low of $4, HNT has struggled to stay afloat. HNT has formed strong support at $4, which appears to be a good area for most traders to place buy orders.

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2022-09-10 22:40:10 STEPN’s 10.7% surge may excite investors

STEPN [GMT], a Web3 lifestyle application with social and game elements, recently registered a massive decrease in its user base. In the month of February, STEPN’s user base surged considerably, as it grew more than 100 times in the next few months. However, a recent report from Messari suggested that things have changed quite a bit as STEPN’s daily active users dropped by 80%. Not only DAUs, but new users have also decreased from 20% to 5% of STEPN’s total user base.

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