The Cutting EDG: April 5th, 2021

Tech

• Edgeware (EDG) is now listed at cointostake (POS list, staking statistics, live data, monitoring, POS staking calculator, staking rewards)
• Thom Ivy opens a discussion on EDG citizen benefits treating the chain's native token like a social token capable of forming partnerships, signaling identity and status, and granting access to products and services.
• Raymond Zhong opens a discussion on Layer Wallet: an edgeware mobile wallet that prioritizes usability, simplicity, and extensibility
• Chris Thomas opens a discussion on a user-centric Asset Management platform for Edgeware

Ecosystem Updates

Commonwealth.im
The multi-chain governance and community interface.
The Commonwealth team has finished v1 for contracts on Commonwealth Protocol. This week and next, they’re testing + auditing the contracts. Design work is complete but not implemented yet and boilerplate structures for integration have been built. The landing page and mobile app are being worked on by an external agency. The landing page is expected to ship within the next two weeks.

DTrade
DTrade is a platform for trading perpetuals and options on Edgeware.
No major updates this week, just building.

Decent Partners
Decent is a 'metadao' that seeks to create crypto-native public media.
Decent shared their recent progress in crafting their offer to Edgeware users in return for an upcoming treasury proposal to fund digital arts and media assets in the public's interest.

LexBridge
Lexbridge is a technological bridge to jurisdictions in the US - launch a DAO, and get a Series LLC mapped to that DAO.
No major updates this week, just building.

Webb
Webb is a privacy technology designer launched from Commonwealth Labs.
The Webb team has built new designs for the landing page, written job descriptions for potential new hires, and are targeting first integration of modules in ERUP4 (Edgeware Runtime Upgrade 4)

4thTech
EU-Identity compliant document notarization and transfer service.
4thTech deployed the smart contract for their 2.0 platform on Edgeware earlier this week. They expect to open the platform to the public by the end of this week or next week.

Governance

This week features a proposal to fund ERUP 4 (Edgeware Runtime Upgrade 4) by Drew Stone and Jake Naviasky.

• No active proposals at this moment
• Passed, moved to referendum Proposal to Fund ERUP4 (Edgeware Runtime Upgrade 4)

Referendum #33 Treasury to approve proposal to fund ERUP4
Active
Proposal to fund ERUP 4 (Edgeware Runtime Upgrade 4) by Drew Stone and Jake Naviasky. Expected time to complete the upgrade is 1-3 months.

Referendum #32 Treasury reward reduction to 0 EDG/block  
Active
Proposal sets inflation from the treasuryReward module to zero, resulting in treasury inflation of ~5% or $1.5m/year (from staking inefficiencies).

Referendum #30 Exchange B + EDG
Passed
Proposal to support part 1: deposit and marketing + part 2: add. Market maker liquidity and using existing balance in multisig for additional fees.

Referendum #29 Exchange C: integration fee & marketing campaign  
Passed
Proposal to support integration fee and marketing campaign for Exchange C.

Community

• The Calendar of events has many items each week, meetings on NFTs, DAOs, chain strategy and governance- whatever you're interested in, take a look.

Events

• (Past) April 7 2021 — Edgeware All-Community call was hosted. Each month, the core development team is available to speak with validators, users, developers, and all enthusiasts about the roadmap, ideas, and the space. If you missed it, find the recording here and meeting notes here.

Agency

• The Agency PR Team is launched and busy! Think of a good article idea or want to write for the community? Reach out!
• New meetings have been launched to better organize effort across the chain. Check out the Edgeware Community Calendar to see.