- Terra Classic (LUNC) Votes on V3.1.5 Upgrade
- Ripple (XRP) Ledger Amendment Enters 14-Day Activation Window
- ETFSwap (ETFS) Innovations in DeFi
The Terra Classic (LUNC) and Ripple (XRP) communities are actively discussing significant updates to their networks. Meanwhile, the ETFSwap (ETFS) platform introduces its innovations in the DeFi sector.
Terra Classic (LUNC) Votes on V3.1.5 Upgrade
The Terra Classic (LUNC) community has developed a significant upgrade, known as v3.1.5, which aims to enhance critical network infrastructure such as wasmd and wasmvm, along with implementing several security patches. If the community votes in favor of this upgrade, Terra Classic (LUNC) will initiate a chain halt at a block height of 19,850,000 blocks on September 18, allowing validators and other infrastructure stakeholders to implement the proposed changes, facilitating a smooth transition to improved infrastructure for the general public. Early reactions from the Terra Classic (LUNC) community have shown a positive outlook on the upgrade, with many community members expressing optimism about the network's revival through the upcoming upgrade.
Ripple (XRP) Ledger Amendment Enters 14-Day Activation Window
The Ripple (XRP) community is waiting with bated breath as a major amendment to the XRP Ledger enters its 14-day activation window. The new update, fixAMMv1_1, is expected to fix the network's Auto Market Maker (AMM) feature, allowing for decentralized trading directly on the XRP Ledger. For the amendment to become effective, the validators and nodes maintaining the Ripple (XRP) network must reach a consensus with an 80% approval threshold. Notably, 29 of the 35 validators have voted yes to the amendment, indicating an 82.86% approval rate. If this high approval rate is maintained over the next two weeks, the amendment will become active on the XRP Ledger. The Ripple (XRP) community has expressed positive sentiments about the upcoming feature upgrade. Following the amendment's announcement by XRPScan on September 10, Ripple (XRP) saw its highest trading price in three days.
ETFSwap (ETFS) Innovations in DeFi
ETFSwap (ETFS) is a DeFi platform that allows users to swap their cryptocurrency for exchange-traded funds (ETFs). The platform collaborates with MiCA-compliant regulated investment banks to offer hybrid institutional assets, allowing traders and investors to engage with them. The assets available on the platform cover a wide range of industries, including healthcare, agriculture, energy, metals, and more, giving investors a unique opportunity to diversify their portfolios. ETFSwap’s (ETFS) foundational infrastructure is based on the Ethereum blockchain, known for its robust security and scalability. The platform has undergone an audit by Cyberscope, revealing no significant security vulnerabilities. ETFSwap (ETFS) also protects its users' data by eliminating the need for KYC verification upon sign-up. The platform offers numerous advanced tools and features that assist traders and investors in trading profitably. Its innovative market-making algorithm ensures all orders are executed at the best possible prices, narrowing spreads and minimizing slippage.
The Terra Classic (LUNC) and Ripple (XRP) communities are in the midst of significant changes to their networks, which could greatly impact their future development. Meanwhile, ETFSwap (ETFS) continues to innovate in the DeFi sector, offering new opportunities for investors.
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