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March 23rd to April 6th news updated
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title: ✅️ GEP Vote is Live + Community Call Updates | ||
date: 2024-04-06 | ||
published: true | ||
tags: ['update','community','technology','threefold_grid'] | ||
cover_image: ./images/gep_vote_community_calls_update.png | ||
canonical_url: false | ||
description: "We are pleased to share that the vote on last week's proposed GEP is now live. Encouraging all farmers to vote now!" | ||
--- | ||
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We are pleased to announce that the voting phase for the proposed GEP from last week is now underway. | ||
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Last week, we shared [a GEP proposal](https://forum.threefold.io/t/gep-minting-and-farming-rewards-updates-march-2024/4285) around minting and farming rewards updates, and we are ready to take a vote. | ||
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<ul> | ||
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<li> | ||
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Any ThreeFold Farmer may vote on the proposal by visiting the [ThreeFold Dashboard](https://dashboard.grid.tf/) and clicking on the DAO section. [Read the manual for more information on the DAO](https://manual.grid.tf/documentation/dashboard/tfchain/tf_dao.html). | ||
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<li>The voting period will end one week from today: Friday, April 12 19:55 CEST | 13:55 EDT.</li> | ||
</ul> | ||
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We appreciate the feedback brought by the community on this GEP and we look forward to discussing and incorporating ideas into upcoming GEPs as it makes sense. | ||
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We are also excited to invite you to a community discussion scheduled for next Thursday. This interactive session will be conducted via a two-way call format. | ||
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Our focus will be the current GEP, future GEPs, TF Grid 3.14, and the cooperative. | ||
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Feel free to bring your topics. | ||
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In addition to this, we're laying the groundwork to achieve regular community calls, we aim to hold 3-4 calls each month, each with distinct goals and objectives tailored to the needs of our community. | ||
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For more details and to stay updated, please click [here](https://forum.threefold.io/t/vote-minting-farming-rewards-gep-upcoming-community-calls/4295). |
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title: 💡 Community Call Follow Up - Q&A | ||
date: 2024-03-23 | ||
published: true | ||
tags: ['update','community','technology','threefold_grid'] | ||
cover_image: ./images/march_community_call_followup.png | ||
canonical_url: false | ||
description: "Answers to all your questions from our March Community call are here!" | ||
--- | ||
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In the recent community call, several inquiries from both the forum and chat remained unaddressed. So, we've compiled responses to these outstanding questions: | ||
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***What does commercialization mean to the average farmer and how can they have a deeper involvement? How can we get 3nodes faster here in the US?*** | ||
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*Commercialization means that there will be much more utilization, and this will lead to more rewards. This means that farmers will also need to meet certain standards related to reliability for commercial-level workloads.* | ||
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*Regarding getting 3Nodes faster in the US, for now, we recommend reaching out to existing vendors on this topic. Anyone can apply to become a vendor and ship in the US, and we expect that, as the project grows, more vendors will come on board.* | ||
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***Note***: We still need to discuss how the certified node program might change in v4. | ||
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***Can you guarantee that there will never be more than 1B Tokens in the future or can your opinion change later?*** | ||
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*We can guarantee that there will never be more than 1B TFT on the Stellar Blockchain.* | ||
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***We shall move to the new Farmerbot, but it is still possible to run the old one, right?*** | ||
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*You can run the old Farmerbot, but our recommendation is to update at the earliest as there have been a lot of new features that you wouldn’t see in the old one. Most importantly the old Farmerbot did have a few bugs that were fixed in the new version. So please update as soon as possible.* | ||
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Click [here](https://forum.threefold.io/t/community-call-questions-and-answers/4280) for more of the Q&As from the community call. | ||
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Next week please stay tuned for more details about TF Grid 3.14, including a GEP (DAO vote). |
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title: 📣 Minting and Farming Rewards Updates | ||
date: 2024-03-29 | ||
published: true | ||
tags: ['update','community','technology','threefold_grid'] | ||
cover_image: ./images/minting_and_farming_rewards_updates.png | ||
canonical_url: false | ||
description: "There is a new Grid Enhancement Proposal (GEP) around minting and farming rewards. Dig in and bring your feedback!" | ||
--- | ||
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We're excited to announce the release of a new Grid Enhancement Proposal (GEP). This proposal is shaped by insightful feedback we've received from the community. Our aim with this proposal is to bolster the reliability and fairness of the ThreeFold Grid, while ensuring fair value is achieved for all participants. | ||
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**Proposal Summary** | ||
<ul> | ||
<li>95% and 98% uptime requirements for DIY and certified nodes respectively</li> | ||
<li>50% of proof-of-utilization revenues will go to the farmer running the 3Node</li> | ||
<li>Minting will be slashed for 1 month if the node cannot wake up within 30 minutes twice within the same minting period</li> | ||
<li>When we reach 1 Billion TFT on Stellar, minting stops on Stellar</li> | ||
<li>TFT burning will stop</li> | ||
</ul> | ||
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To learn more about the proposal, click [here](https://forum.threefold.io/t/gep-minting-and-farming-rewards-updates-march-2024/4285). | ||
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In addition to this update, we have an important announcement regarding the Farmerbot bonuses. Effective from the upcoming minting cycle, commencing on March 31, 2024, at 22:32:40 UTC, these bonuses will be discontinued. |
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title: 🎙️ X (Twitter) Space with Social Network | ||
date: 2024-03-25 | ||
published: true | ||
tags: ['update','community','technology','threefold_grid'] | ||
cover_image: ./images/social_network_mega_space.png | ||
canonical_url: false | ||
description: "Join the Social Network Mega Space featuring Kristof (co-founder) and Florian (biz dev)." | ||
--- | ||
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Join the Social Network Mega Space at 5pm UTC. | ||
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Space Link [here](https://twitter.com/i/spaces/1BdxYrPBpAAKX). | ||
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Social Network is the first Bitcoin Staking Layer 2 on earth and one of our core utilization partners. Social Network will be integrated with and enhanced by ThreeFold technologies. This includes, but is not limited to, ThreeFold’s decentralized cloud – featuring Quantum Safe Storage and the Mycelium Network – as well as decentralized computation, and Zero OS. | ||
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Kristof (co-founder) and Florian (biz dev) will be joining the space and sharing about ThreeFold. |