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.

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

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

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

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

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

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

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

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

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

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

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.