Qitmeer Network Monthly Report ( 2023/10/01- 2023/10/31 )
💥🌐🎉Hi, community partners!
Wow, October has passed quickly. It’s time to sit down and see what we have accomplished together. This month is indeed full of vitality for the blockchain field, and it is an exciting time for Qitmeer Network. We not only celebrated the 15th anniversary of the release of the Bitcoin white paper, but also witnessed the growth and expansion of Qitmeer Network in the past 6 years.
At the same time, our global expansion has also made significant progress. MEER has successfully landed on the BingX exchange, bringing new vitality to global encrypted users. In addition, we have also prepared a series of exciting welfare activities for community members, including 120% LP rewards from CandySwap and up to 250% Staking rewards from BingX, etc.
Now, let’s sit down and review the achievements and progress of the past month!💎🥳
Technology development progress
Let’s take a look at the updates to the codebase this month. Here are some major updates:
- Optimize chain database about difflayer: We have Optimize chain database difflayer processing of the to improve the efficiency of data processing.
- Legacychain database upgrade: We have successfully resolved issues related to legacychain database upgrades, ensuring the smooth progress of the upgrade process.
- Optimize update utxo about batch: We have further improved the UTXO batch processing function to improve the efficiency and performance of processing large amounts of UTXO.
- Acctmgr load database type error: We fixed a bug in the account model management database type loading to ensure that only the correct database type is loaded.
- ChainDB support address index: We will implement support for address indexing in the chain database, making it easier for users to access and query data in the database through addresses.
- Consensus error: We discovered a consensus-related bug and are actively fixing it to ensure the accuracy and reliability of the consensus algorithm and avoid potential issues.
- Chaindb_test: We conducted a comprehensive chain database test covering various usage scenarios to ensure its stability and reliability under various conditions.
- Optimize chain database about difflayer: We have optimized the difflayer chain database to improve its performance and efficiency. These improvement measures aim to provide users with faster, more stable, and more reliable chain database services.
🚀🔧technological updates will greatly enhance the performance, stability, and User Experience of Qitmeer Network, further strengthening our competitive position in the blockchain field.
Operational progress
BingX’s listing carnival event is currently in full swing!🥳🎊
Event Operations
🎁BingX is holding a grand celebration event, with a prize pool of 135,000 MEER up for grabs
To celebrate the launch of MEER on BingX, Qitmeer Network and BingX jointly organized a grand listing carnival event with a total prize pool of up to 135,000 MEER, providing generous reward opportunities for all participants. Whether you are an existing user or a new partner, you can participate. Although the community AMA event has ended, the invitation and staking activities are still ongoing and thriving.
✨Invite friends and share 60,000 MEER together
During the event, you are invited to invite your friends to complete BingX tasks, giving both you and your friends a chance to open blind boxes. What’s even more exciting is that when your friend opens a blind box, you will also receive an additional 10% of their blind box amount. This means you have the opportunity to earn more rewards! Take action now and invite your friends to join our event together!
💵Pledge MEER and earn up to 250% APY
During the event, you can participate in MEER’s single coin wealth management product by searching for MEER on the BingX trading platform. The total limit is 1,460,000 MEER, with a maximum purchase of 3000 MEER per person and an annualized return of up to 250%. The event is still ongoing and everyone is welcome to participate.
📌Event Details: https://bingx.com/en-us/act/template/5559/?randomId=8914072099
🏆The Qitmeer Music Creation Contest successfully concluded, receiving a total of 70 outstanding works
Since the launch of the “Blockchain Music: Your Song, Your Qitmeer” campaign in September, which will continue until October 15th, we have been highly favored by the community and have received a total of 70 unique and dynamic music creations. Now, we are about to select the top 10 outstanding musical works, with a total reward value of up to 10500 MEER. The champion will even have the opportunity to receive an exclusive reward of 4000 MEER. Looking forward to the reveal!
💽Music party ignites music festival, helping Qitmeer spread further
On October 29, we hosted a huge Music party in Binance Studio to ignite a brand new festival for 70 outstanding music works from the “Blockchain Music: Your Song, Your Qitmeer” event. The party attracted more than 3,200 spectators and expanded the Qitmeer Network’s music promotion to a wider audience. True music spread feast!
🪅Up to 120% annualized return, Qitmeer ecosystem upgrades again
On October 17th, in order to promote the prosperity of the Qitmeer Network chain ecosystem, we teamed up with CandySwap to launch an LP incentive plan with up to 120% APY. This plan provides users with the opportunity to increase liquidity by injecting vacant MEER/USDT funds, thereby obtaining more airdrop rewards and sharing 0.3% transaction fees.
This special event lasts until October 31st, and during the event, the growth rate of our MEER/USDT liquidity pool participating addresses has reached 90%. This means that community users can actively participate in the on-chain ecosystem, create win-win opportunities, and jointly promote the healthy growth of the ecosystem. Join us and help ecological prosperity together!
📣Joint AMA activities: exploring new channels
On October 19th, we successfully cooperated with the Dimension Community and co-hosted an AMA event with the theme of Qitmeer Network. This cooperation provided a valuable opportunity for us to expand our influence and visibility in the blockchain field.
Through interaction with hundreds of community users, we not only conveyed key information about Qitmeer Network to more investors and community members, but also answered their various questions about the project and industry prospects. This event further expands the community communication channels of Qitmeer Network, allowing more users to join our community and jointly promote the development of Qitmeer Network.
Content operation
📖📺This month, we have orchestrated a series of super interesting Medium articles for you, and also prepared a Youtube video on how to increase liquidity, aiming to bring you a fun content experience. These wonderful contents will not only stimulate your interest, but also help us continuously improve our brand influence. Please click the link below to start your exploration journey! We can’t wait to provide you with a more interesting content experience.
Watch on “Youtube”
🪼Welcome to follow our Youtube channel! In this video, we will share with you how to increase liquidity. If you have any questions or ideas about this topic, please leave a comment in the comment section. You are also welcome to subscribe to our channel for more information.
Read on “Medium”
📖🌐If you prefer reading, then be sure to check out our exciting articles published on Medium. These articles cover the latest technology trends, including blockchain technology and popular encryption events. By reading these articles, you will be able to have a deeper understanding of Qitmeer Network’s technology and our development trends.
Qitmeer Network ( 2023/09/01- 2023/09/30 )
Analysis of the core technology of QNG network: MeerEVM
How to add liquidity on CandySwap
Supercharge Your MEER Asset Growth: Mastering the Principles of Liquidity
CandySwap Tutorial: Learn to bridge and do transactions
Up to 120% annualized return, Qitmeer ecosystem upgrades again!
Analysis of trading slippage and price impact to optimize your trading strategy
A comprehensive walk through on CandySwap
Qitmeer Network’s Global Expansion: Listed on Renowned Exchange BingX
Qitmeer Network listing carnival, share a 135,000 MEER prize pool
Brand & Ecological Progress
DimAI version iteration — carry out “Genius Creative Event”
🧑💻DimAI was updated to version 1.2.1 on October 31st and added a section called “Genius Creative Event”. The activity was officially launched at 12:00 UTC on October 31st.
In order to increase the creative value of NFTs, DimAI has reached a partnership with Block Capital Foundation (BCF). Both parties will jointly hold a “Genius Creative Event” and use DimAI’s technology to freely create NFTs. Excellent NFT works will be used by BCF as templates for Subsequent Offering NFTs. This collaboration provides new creative and development opportunities for NFT art creation, and is believed to bring more possibilities to artists.
📌Event Details: https://dimaiglobal.medium.com/exploring-creativity-dimai-collaborates-with-bcf-to-host-genius-creative-event-4a361a04fcb9
Qitmeer Network’s Global Expansion: Listed on Renowned Exchange BingX
⏰📈On October 31st, 11:00 UTC, Qitmeer Network officially launched on the BingX Expansion , initiating the MEER/USDT trading pair.
BingX is a global digital financial services company with offices in Canada, the European Union, Australia and elsewhere. The company has registered and obtained financial services licenses recognized and regulated by local governments in the countries and regions where it operates, and provides spot, derivative trading, and documentary services to more than 5 million users in more than 100 countries and regions.
This time, the launch of MEER on BingX Exchange has taken Qitmeer Network to a new level of recognition in the global market. At the same time, Qitmeer Network is actively embarking on a new chapter, with a prosperous ecosystem being built step by step. In the future, we will continue to list on more international mainstream exchanges to reach more users and global developers, promoting the network’s market development in diverse regions.
END
The future is full of infinite possibilities. We are firmly on the path of cutting-edge technology, full of confidence and determination, and continuously improve innovation in the blockchain field. We will continue to invest efforts in the improvement of technology, the prosperity of the ecosystem, and bringing more interesting and practical content and activities to the community.
As our past efforts and achievements have shown, we believe that as long as the community supports us, our future will be even more brilliant! Therefore, let us work together to create a tomorrow full of opportunities and prosperity!🌐🚀
