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Curated news from the Algorand ecosystem

xGov Developer

xGov-202 final: Pact.fi receives 135,000 ALGO for Stable Swaps and open-source code

xGov proposal 202 reached final status, awarding Pact.fi 135,000 ALGO in retroactive funding. The funds support the Stable Swaps functionality and the open-sourcing of Pact.fi's code, both part of a decentralized exchange toolkit.

The proposal's focus is the development of decentralized exchange tools. The open-sourcing of the code allows others to build on or reference Pact.fi's implementation directly.

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xGov Developer
xGov-195 approved: Frostbits Solutions to develop Arcpay

Arcpay is a proposed open-source payment processing platform designed to help businesses and developers integrate Algorand payments into web-based applications. The platform will support transactions for ALGO, Algorand Standard Assets (ASAs), and real-world assets (RWAs) through fixed-price sales and various auction types. The proposal requests 149,000, with a target completion date of August 31, 2024.

Covered by 2 sources

xGov Developer
xGov#200 proposes Biatec on-chain identity verification for Algorand accounts

The xGov#200 proposal outlines an identity solution designed to help users link verified identities to their Algorand accounts. The project aims to meet EU regulatory requirements like MiCA and allow decentralized applications to verify account standing, while also implementing an activity ranking system to provide benefits such as improved pricing on decentralized exchanges.

Covered by 2 sources

xGov DeFi
xGov-198 finalized, granting CompX 75,000 ALGO for auto-compounding farms

CompX Labs has finalized a retroactive proposal for 75,000 for its auto-compounding farms. These farms launched in 2023 to provide yields for users.