Tezos Monthly: Technology, Economy, and Community in July‘21

Tezos Monthly: Technology, Economy, and Community in July‘21

Transaction volume growing, Granada activated, Tezos on the coat of arms of the king of Denmark, and other July’s news in our monthly digest.

Our monthly digest covers the news of technology, economy, and community.

Technology

Network metrics

Tezos network stats as per TzKT.io:

  • the number of transactions increased by 1%: from 3,956,260 to 3,992,391;
  • monthly volume increased by 35%: from 536m to 723m tez;
  • the number of active addresses dropped: from 166k to 163k.

In July, Tezos has once again set the record on smart contract calls. According to Better Call Dev, users did that 2,675,125 times, which indicates a 23% growth against June’s data.

Technology news

Updates

The community activated the seventh update called Granada on August 6. The nodes now generate blocks twice as fast, and smart contract calls got cheaper. Find out more here.

The developers of the baking tool Kiln have released Kiln 0.10.1. It supports Granada and accelerated block creation, as well as the latest updates of the Tezos node.

Resources for devs

MadFish Solutions have launched a QuipuSwap analytics tool. It displays the liquidity, trading volume, and the number of transactions of tokens and trade pairs.

Meanwhile, the Baking Bad team has updated the DipDup framework to version 2.0. DipDup is a tool for selective indicing of Tezos dApp data.

Economy

Market metrics

The tez price has grown by 17% over the month, from $2,91 to $3,40. The daily turnover has grown by 59%, from $98m to $156m.

Ecosystem news

The youves team has launched the eponymous service that issues synthetic assets on the Tezos blockchain. For now, only the algorithmic stablecoin uUSD is available. You can find out more here.

Gemini has listed XTZ. It is now the first regulated platform in New York where one can deposit and trade tez.

The DeFi service Plenty has launched a collaboration with the WRAP protocol. Plenty users now can stake WRAP tokens to earn PLENTY.

The Talao team has announced they are developing an open-source digital wallet. The project’s most prominent feature is that it uses the recommendations issued by the European identification framework. It will enable the wallet to work with the future toolkit for digital identification.

The ECB council has launched an experiment to create digital Euro on the Tezos blockchain. The digital currency will undergo two years of extensive testing.

Community

Tezos Commons has announced June’s winners of Tezos Community Reward. The best meme was the coat of arms of the Danish king Frederick the Third.

Tezos Community Rewards: coat of arms of the Danish king Frederick the Third

TZ APAC will hold a hackathon for Asia called TEZAZIA. The event is sponsored by Tezos India and Chainstack. The prize pool is $14,000 but five winners can also win additional grants of $10,000 for project development.

Tezos Commons announced the Tezos Community Grants Program. The participants will get up to $10,000 to develop minor experimental projects and MVPs that could improve the ecosystem. For now, only US or Canada-based projects are eligible.

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Protocol-Level Liquidity for DeFi: Granada Upgrade Activated on Tezos

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