Everscale News

📆 Liquidity Provision Postponed by 2 Days 🛑 DO NOT SWAP NOW. WAIT FOR THE NEW POOL. We've been notified of fraudulent users impersonating community admins and performing token swaps, which has made it difficult to add liquidity at the exact exchange rate. To address these issues and ensure a fair start for everyone, we are postponing the liquidity provision to Sunday, June 2, 2024, from 11:00 to 13:00 (UTC) / 20:00 to 22:00 (KST). A new pool will be created, and updated procedure instructions will be posted in the channel.

🎉 Everscale has partnered with SwapSpace, an instant cryptocurrency exchange aggregator, making it easier than ever to buy EVER tokens! Check out the updated buy.everwallet.net to access all Everscale purchasing options with card or crypto payments.

🔀 How to Exchange Your Old WEVER ERC-20 Tokens If you're holding old Ethereum-based ERC-20 WEVER tokens, you will soon be able to exchange them for the new WEVER tokens. Important Note: Liquidity will be added on May 31st at 7 ~ 9 AM UTC. We strongly recommend exchanging your tokens as soon as possible after the liquidity has been added to secure the best exchange rate. ⚠️ DO NOT SWAP BEFORE THE LIQUIDITY IS ADDED ⚠️ To do this, follow these simple steps: 1. Exchange on Uniswap: First, visit Uniswap. Connect your wallet and exchange your old WEVER tokens for sWEVER tokens. 2. Unwrap Your sWEVER Tokens: Next, go to swap.wrappedever.io, Connect your wallet and select the 'Unwrap' option. For every sWEVER token, you will receive 1 new WEVER ERC-20 token. This two-step process helps prevent front-running and ensures fair starting conditions for all participants.

🌐 'This is Governance 3.0, welcome to the Everscale Relaunch!' — Sergey Shashev explains the bold new phase for Everscale at Everpoint 2024. Read Sergey’s full speech and what Governance 3.0 means for the network on our blog 🔗

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🎮 Are you ready to level up your gaming experience? With Fluker, you're not just playing, you're competing to win real rewards! This app running on Everscale lets you set up matches and tournaments for the most popular games, manage prize pools, and distribute rewards effortlessly. We spoke to the Fluker team and found out what inspiration drove them to start such a project, why they chose Everscale, what issues Fluker addresses, and how to start using this app right away. 📰 Read more in our detailed project interview!

⭐️ Mesh Network: Seamless Connections Across Blockchain Borders Explore how Everscale’s Mesh Network fosters direct, efficient communication between TVM blockchains, enabling seamless integration of CBDCs and public chains in our new article!

EverPoint Wrap-up 4️⃣ A heartfelt thank you to everyone who joined us at EverPoint 2024 in Belgrade! We’re excited about the big changes ahead, and you’ll soon see them as we implement our fresh strategies. Stay tuned for the upcoming EverPoint technical panel discussion video with our devs! Enjoy these photo highlights and get ready for an even bigger EverPoint next year!

🚀 Governance 3.0: Everscale's New Chapter As part of Everscale's significant relaunch, we're excited to announce the first major proposal under our new strategic vision — Governance and Funding Reform. This transformative reform includes: 💰Unified Treasury consolidating over 900 million EVERs, governed by 11 custodians who fund all network-wide projects. Each member must pledge 3 million EVERs to secure a seat, demonstrating sufficient motivation. 🔥Collateral-Based Financing where an applicant places an insurance deposit equal to 10% of the expected reward. This deposit is unlocked upon fulfilling their commitment; otherwise, it gets burned. 🔒Ending all previous vesting commitments, which were primarily intended for DeFi Alliance and EverX, and reallocating them to the new unified Treasury. And More, all designed to revitalize Everscale’s future governance. 🗳️ Voting Opens: May 9, 2024 Visit EverDAO to learn more and shape the future of Everscale!

🖲 Ready for EverPoint 2024? Check Out the Detailed Agenda! The detailed agenda for EverPoint 2024 is now available! Visit EverPoint.io to discover the full lineup of discussions, presentations, and activities planned for May 7-8 in Belgrade, Serbia. Don’t miss out on this opportunity to connect and collaborate with the Everscale community! 👉 Check out the agenda

💬 AMA Recap: Insights on REMP, ShadowSMFT, MESH, and Q1 developments. The complete text recap of the AMA is now available for you to dive into. Learn directly from key developers Alexander Alexeev and Vyacheslav Belenko about REMP launch, ShadowSMFT status, MESH, internal process reorganization, and the development results for the first quarter. Read the recap

March 2024 Node Updates 🛠 This March, our engineering team has made significant advancements to the Everscale node, specifically: 📍refined the network subsystem; 📍activated the SMFT in the testnet; 📍added some changes to prepare the node for the Mesh Network; 📍discussed the new proposal on currency collections; and much more! Read about the progress in our detailed report.

❔ Ask the Everscale Team Your Technical Questions! Have questions about Everscale's cutting-edge technology, its diverse applications, or what the future holds? Now’s your chance to get all your questions answered directly by our core developers, Aleksandr Alekseev and Vyacheslav Belov! How to Participate: Simply post your technical questions in the comments below. 🏆 Rewards: The top three questions chosen by Aleksandr will each receive 1000 LEVERs as a prize!

🗳️ Everdao Proposal Vote: On the Everscale Token Recovery Completion A crucial new proposal is now open for voting. This proposal aims to conclude the initiatives started in Proposal #110. It includes key measures such as rescinding the directive to burn unswapped old WEVER tokens, returning exact stolen amount to the original addresses, and establishing a new liquidity pool for old/new WEVER tokens on the Ethereum network. 🔗 Cast your vote

The Eighth Batch of Swap Requests Has Been Processed ✅ Dear Everscale Community, We're thrilled to bring you the eighth batch update in our token swap journey. This round, we've successfully processed 43 transactions, culminating in the swap of 21,914,764 WEVER tokens. For full transparency, we’ve provided the transaction proofs for your reference. Additionally, we're proud to share that the swap process is nearing its conclusion, as detailed in the finalized Proposal 113 on [Everscale DAO](https://everdao.net/governance/proposals/113). Here’s an overview of the swap by the numbers: - Total requests received: 4544 - Non-eligible submissions (wrong data/spam/scam): 4041 - Eligible responses: 503 - Approved for swap: 146 - Total email communications: Over 6000 - Response rate: 99.8% - Dedicated AML Compliance Team members: 11 - Man-hours invested: Over 5000 We're deeply grateful for the community's support and patience throughout this extensive process. Our team's unwavering dedication has been fundamental in upholding the highest standards of compliance and service. Stay connected for our final update as we wrap up this chapter. Best regards, Everscale Compliance Team

The Seventh Batch of Swap Requests Has Been Processed ✅ Dear Everscale Community, We are pleased to announce the latest update in our swap process. A total of 16 transactions have been completed, amounting to 5 344 968 WEVER tokens successfully swapped. Additionally, we have processed the return of 539,260 old tokens as requested by users. For transparency and to keep you informed, here are the transaction proofs. We appreciate your patience and support as we continue to work through the swap procedure. Stay tuned for more updates. Best regards, Everscale Compliance Team

⚡️What is Fast Finality and How Everscale Plans to Achieve It Blockchain scalability is not only about throughput: the speed of transactions is also determined by what is called finality. Read our new guide to find out more about blockchain finality, why it is different in Everscale, and what steps are being taken to bring fast finality to our blockchain: