Learn about IoTeX voting, staking and IIPs here!
IIP-23: The Marshall DAO – Empowering IoTeX Stakeholders to Shape the Future of DePIN
The purpose of The Marshall DAO is to enable IoTeX stakeholders to make proposals regarding how to allocate $IOTX incentives to grow the IoTeX ecosystem, including onboarding reputable DePIN projects and funding network-wide initiatives.
Khadija Aslam
Khadija Aslam
Jan 11, 2024 · 4 min read
Crypto's Latest Tokenomic Innovation: the Sharing of Gas Fees with Developers
Introducing SGD (Sharing of Gas Fees with Developers) In the complex world of blockchain tokenomics, it's relatively rare for a "new" idea or mechanism to be presented, gain traction, and be implemented by multiple chains at the same time. The concept we'll discuss here is called SGD (sharing of gas fees with developers) and it's being explored/implemented by protocols like Ethereum, IoTeX, NEAR, Fantom, and Canto. SGD is the concept of sharing a portion of the gas fees generated by smart cont
Connor Lovely
Connor Lovely
Aug 17, 2023 · 5 min read
IIP-22 Proposes to Simplify IoTeX Domain Names
Web3 is getting easier with IoTeX Improvement Proposal 22: IoTeX Domain Name Service. Crypto addresses are frustratingly long, garbled strings like “lswli4yuofd8a0s” – a clunky mechanism that often leaves room for error when inputting. And as cryptocurrencies become mainstream, there will be a substantial market for Web3 addresses. IoTeX Name Service (INS) proposes to map human-readable names like “raullen.io” to lengthy crypto addresses, immensely simplifying the Web3 experience. Similar to
Khadija Aslam
Khadija Aslam
Jul 21, 2023 · 3 min read
IIP-21: Why CIOTX on Ethereum is Beneficial
As recently announced, the IoTeX blockchain's governance community has voted to approve the IIP-21 to bridge the native IOTX from the IoTeX network to Ethereum and implement CIOTX (Cross-chain IOTX) token on Ethereum. This plan aims to improve our native token's utilization and demand in DeFi protocols on Ethereum and exchanges. The community participated quite extensively as 334 wallets registered to vote, representing 306 million staked IOTX with 73.77% voting in favor and the remaining 26.23
IoTeX Foundation
IoTeX Foundation
May 31, 2023 · 3 min read
Exploring Soulbound Governance on IoTeX
Many industries are looking at Web3 as a promising solution to trust and transparency issues. A core benefit of Web3 is decentralized governance—consensus-driven decision-making and community participation—as demonstrated in IoTeX Improvement Proposals (IIPs). Decentralized governance can be challenging to manage as a blockchain network evolves, growing in size and complexity. Enter Soulbound Tokens or SBTs. SBTs are a new token standard that could improve governance models of blockchain net
Christian Bright
Christian Bright
Apr 21, 2023 · 3 min read
IIP-14 Proposes User-Friendly Web3 Onboarding
Across the growing industry, there’s an increasing demand for more user-friendly dApps that make Web3 more accessible. Account Abstraction has been a hot topic in the Web3 community for several years, but without a solid foundation, it simply couldn’t work. Account Abstraction is a powerful feature that can make IoTeX a more user-friendly and safe platform by improving ease of use while retaining optimal security—a significant design improvement over externally owned accounts (EOAs). By break
Christian Bright
Christian Bright
Apr 6, 2023 · 3 min read
IoTeX Now Rewards Community Members Who Participate in IIP Votes with SBTs
IoTeX community members received Soulbound Tokens (SBT) for their recent participation in IoTeX's 13th Improvement Proposal (IIP-13) vote to support ether (ETH) liquid staking derivatives. In total, IoTeX distributed 123 to those who staked 141 million IOTX tokens representing 97% of the votes in favor of the IIP-13 to increase the IOTX staking ratio to enhance network security by expanding the number of validators that process transactions and maintain the blockchain. The proposal included na
Claire Biasco
Claire Biasco
Apr 3, 2023 · 3 min read
IIP-13 Proposes Enhanced Security and Staking
A DeFining proposal awaits your approval—maximizing the upgradability, security, and flexibility of IoTeX. IIP-13 (IoTeX Improvement Proposal 13) clears the way for Liquid Staking dApps and interest-earning derivatives to flourish in the IoTeX ecosystem. By enabling new use cases for staked IOTX, this IIP can contribute to a more dynamic and versatile ecosystem, ultimately benefiting token holders and developers alike. By representing staking buckets as non-fungible tokens (NFTs), the IoTeX n
Christian Bright
Christian Bright
Mar 18, 2023 · 3 min read
Ways and Whys to Become a Delegate
The Merge: Both a Major Achievement and a Major Meh First, the accolades. The move by Ethereum to a Proof-of-Stake consensus model is a major success. This change reduces Ethereum’s energy usage by 99.95%. Now, for the Meh. It went smoothly and for IoTeX it was a complete non-event concerning its impact on IoTeX. This is an epic case of “No news is good news”. IoTeX and the Ethereum Merge As expected, the Merge did not impact IoTeX during and after. How did we approach the run-up to the Merge
Marcos DinnersteinClaire Biasco
Marcos Dinnerstein, Claire Biasco
Sep 22, 2022 · 4 min read
What’s New on the IoTeX Delegate Portal
IoTeX uses a Proof-of-Stake consensus mechanism called Roll DPos. That means delegates are the lifeblood of the IoTeX blockchain and are essential for the functioning of the platform. Fortunately, getting set up as an IoTeX Delegate and running a node are now easier than ever. We’ve updated the portal to take you, step-by-step, through the process of becoming an IoTeX Delegate and now  it’s also much easier to navigate within the portal. And if you use Fastblocks [https://fastblocks.io/], you’l
Marcos Dinnerstein
Marcos Dinnerstein
Sep 19, 2022 · 2 min read
IoTeX Governance
As IoTeX continues to expand at a rapid pace, we are excited to introduce a new governance framework to ensure the network grows sustainably, transparently, and fairly. Ensuring the voice of the people is heard is paramount for any decentralized network -- our goal is to bring together users, developers, Delegates, and more to participate in decentralized decision-making and iterate upon the rules and operating procedures that will power the IoTeX Network for years to come. In this blog we intr
IoTeX Foundation
IoTeX Foundation
Aug 10, 2022 · 4 min read
Cross-chain Governance — A New Paradigm
The future world will be comprised of hundreds (if not thousands) of distinct public blockchains. Figuring out how these blockchains communicate with each other is our next great challenge.
IoTeX Foundation
IoTeX Foundation
Jul 11, 2019 · 7 min read
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