EYWA is introducing three upcoming vital ecosystem updates in | NFT NEWS
EYWA is introducing three upcoming vital ecosystem updates in April-May!
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1. Mainnet
EYWA Cross-chain DAO is a decentralized autonomous organization that manages the EYWA project and determines the trajectory of its further development.
EYWA Cross-chain Data Protocol is an infrastructure for transferring data from one blockchain to another. It consists of smart contracts deployed in each supported blockchain and its network of node relays.
EYWA Cross-chan DEX is a decentralized cross-chain exchanger that allows the exchange of crypto assets of different blockchains among themselves.
EYWA Assets are cross-chain meta-assets backed by tangible assets placed in various blockchains.
EYWA Bridge is a service that allows users to move tokens between different blockchains conveniently and securely.
EYWA Earn is a set of mechanics for earning money in the EYWA ecosystem, allowing EYWA and EUSD tokens holders to receive additional income from investing crypto assets. For now, we have EYWA token stacking, cross-chain farming of stable coins, and EYWA liquidity farming.
2. Node relay
The Roll-DPoS mechanism provides the security of the EYWA node relay network. If the node regularly performs its work to support the operation of the EYWA network, then it will receive a reward in EYWA tokens. If the relay node is unstable or tries to behave fraudulently, fines are deducted from its collateral.
With the mechanics described above, node operators are motivated to maintain the operability of their nodes 24/7 to earn money consistently.
To stake, there are two ways:
A. Delegate your EYWA tokens to the management of a validator you trust.
In this case, the user does not need to raise his relay node independently but send his tokens to a validator whose node is already functioning.
B. Launch your relay node.
If you want to get more EYWA, raise node yourself and don't pay a commission for a validator. Moreover, you can also accept funds delegated by users and earn an additional commission, the amount of which you set yourself.
3. NFT
One of the essential directions of the EYWA ecosystem is NFT.
EYWA NFT launched on the Polygon blockchain.
We will distribute 54,000 NFT with a different rarity class depending on the number of tester points. There will also be a chance to get a rare nft from any user with any number of points. We guarantee allocation for all testers and validators.
The initial list will be formed from April's actual number of testers. We will publish the final list when we reach the mark of 54,000 drop applicants.
Important: the applicants for the drop are users who have fulfilled the minimum conditions. (passed three stages of testing and subscribed to social networks)
Thank you,
EYWA Team
https://eywa.fi/
