The main chain upgrade of BitSong is completed, and the Sinfonia fan token system is launched...
Last night was the BitSong main chain upgrade. This time the upgrade is set at the block height of 6777500. When BitSong reaches the height of 6777500, it will automatically stop the block and start the upgrade. When 2/3 of the voting rights are upgraded, the main chain will start to produce blocks, and then ... I heard that the process only took 6 minutes... What kind of magic number is this, protect a lifetime 😹? Fortunately, Doraemon No. 1 did not hold back, but there are still some nodes that have not recovered. There are currently 89 active nodes, and there were 98 nodes before the upgrade. The current upper limit of BitSong active nodes is 100.
The new additions this time are:
The most important thing is the FanToken Module. Recently, the official announcement has been continuously announced that many fan tokens will be listed on Sinfonia on the same day. I wonder if the recent surge in $BTSG is related to the update. It once rose to nearly $0.05, but it was only upgraded. It fell back to $0.024 today, eh! ? It's really hard to run a node.
It is worth mentioning that the Merkledrop Module has also been updated this time. Maybe the NFT function will be launched soon, is it worth looking forward to? !
Sinfonia
Sinfonia: https://app.sinfonia.zone/
Sinfonia is a fan token system. If you have participated in the testnet competition before, you may have experienced it. Because it is built in Osmosis, the operation process is similar to the operation process in Osmosis. It is to set up your own UI to exchange tokens. It means that the liquidity mining of currency exchange, that is, the fan token, is actually operated on the Osmosis chain.
At present, there are 14 groups of singers [artists] in Sinfonia who have issued their own tokens. You can see all the FanTokens that have been issued so far, and they are all... crooked people, I don't know them very well😅🐾.
Information about these artists can be found on the official website: https://bitsong.io/fantokens
I'll take 10 BTSGs to play with the new features! First select a few fan tokens:
- $CLAY
- $RWNE
- $KARINA
These are all selected by me according to my personal preferences, and do not represent investment advice! 🎶
$CLAY
DJ Adam Clay's fan token, mainly because this is the first token on Sinfonia. According to experience, the first token always has more drama? Is the current price good? At present it is similar to BTSG.
Official introduction page: https://bitsong.io/fantokens/adam-clay/
ADAM CLAY — The 1st Artist to launch his FanToken ($CLAY) on Sinfonia by BitSong!
$RWNE
Rawanne's fan token is a Lebanese-Romanian artist, singer, songwriter, producer, and radio DJ <== a very interesting feeling😻, mainly because the song is pretty good, just change it.
Official introduction page: https://bitsong.io/fantokens/rawanne/
Rawanne — is launching a FanToken ($RWNE) on Sinfonia by BitSong!
$KARINA
Karina 's fan token, it should be a professional singer, and it was introduced that she started singing when she was 4 years old, eh! ? What was my 4 year old doing! ? All in all, this song is pretty good, so let's change it up a bit.
Official introduction page: https://bitsong.io/fantokens/karina/
Karina — is launching a FanToken ($KARINA) on Sinfonia by BitSong!
Then... Go to Sinfonia: https://app.sinfonia.zone/ to exchange these coins and play!
First of all, because Sinfonia is built on the Osmosis chain, BTSG must first IBC to the Osmosis chain. It can be transferred directly in the Sinfonia interface, but if you directly exchange BTSG in Osmosis DEX , you don’t need to mention it back to BitSong. The fan token can be exchanged on Sinfonia on the chain, because this article does not need to be taught, so I will write it here. If I have time another day... The teaching is written on another account @Erica!
The way to exchange coins is similar to Osmosis
In addition to keeping the exchanged coins, half of them are used for mobile mining. Now the coins above are 50% of BTSG / 50% of fan tokens. From the UI, the incentive in the first stage is 10/10. Until then, let's see the status of the incentive distribution tomorrow😝.
If there is liquidity mining on Sinfonia, you can also see pools with unknown names on Osmosis DEX, but there is no incentive from the Osmosis community, and the tokens are not displayed in the asset list.
Airdrop message
The airdrop condition information of the first token $CLAY on Sinfonia has actually been announced earlier:
Sinfonia Leaderboard, Insights & FanToken Airdrop
I also posted a translation on another account before:
BitSong FanToken airdrop activity decrypted? What exactly is BitSong?
Mainly:
- Delegate any validator > 400 BTSG, welcome to delegate "Coding Everyday | Coding Big League"
- Delegate OSMO to one of the 24 validators on the list, recommend #decentralizehk.
- Delegate JUNO to one of the 24 validators on the list, recommend #decentralizehk.
- Osmosis BTSG provides liquidity in three pools: Pool #573 BTSG/OSMO, Pool #574 BTSG/ATOM, Pool #592 BTSG/UST.
- Provide JUNO/BTSG liquidity on Juno Swap.
Due to the delay in the airdrop schedule, the official said a while ago that there is still a chance to complete the airdrop conditions before 7/31. If you are interested, can you grasp it?
In addition, other tokens on Sinfonia's airdrop page are also on the list, but no relevant information has been announced yet, and the above dates are probably for reference! ? Anyway, maybe look forward to the follow-up?
Peace on Earth
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