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Curated news from the Algorand ecosystem

xGov DeFi

xGov-201 finalized with 80,000 allocated to Cometa launchpad

xGov proposal xGov-201 was finalized on 5 May 2024, allocating 80,000 to Cometa for the development of a launchpad service on Algorand. The launchpad is intended to facilitate the launching of new tokens and address existing difficulties with airdrops and liquidity.

The proposal itself does not break down the allocation further beyond the single figure of 80,000.

Sources that covered it

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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 Event
xGov-206 for Tealscript and PyTeal developer courses reaches final status

AgorApp is developing interactive developer courses for Tealscript and/or PyTeal to attract new developers to the ecosystem. The xGov-206 proposal has reached final status with a requested amount of 30,000.