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Weekly Tech Report

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👨‍💻 Weekly Tech Report 🛠

Tech Report #3
Date: February 12-18

A more Scalable Architecture for Staking Hub NFTs

📌 Improved back-office support communication
➡️ We improved the logic in relaying requests from the back office [support] to the Ultron devs.

💡 Significance: This accelerated a data-driven resolution and imposed a standard protocol to resolve the delays and the posting of payment transactions, making the activation process of the Staking Hub NFTs faster.

📌 Organized Staking Hub NFTs by their status
➡️ Indexed the state of all Staking Hub NFTs in the blockchain for a better support system for the staking hub nft owners.

💡 Significance: This gives our dev support team a clear understanding of the issue, aiding them in spotting and resolving issues efficiently.

📌Preparation for the Staking Hub NFT log
➡️ Gathered data for building a system where the owners can cross-check the Staking Hub NFTs with a complete history of accrued rewards from when it was activated.

💡 Significance: The devs will be able to create a framework for the system where staking hub nft owners will have access to the full log of the ULX rewards distributed to their hub.

📊 Chain Status 📊
Current TVL: $249.58M
Previous: $244.5M
🏦 ULX TVL increased by 5M from last week.
*TVL fluctuates depending on the status of the crypto market

Accounts Created: 83,093
Previous: 81,576
👤 Ultron chain created 1,517 unique wallets in the past 7 days.

Blocks Generated: 3,770,790
Previous: 3,669,101
🧊 The system generated 101,689 blocks in the past 7 days.

Transactions Recorded: 4,393,242
Previous: 4,277,514
🧾 Ultron blockchain network has recorded 115,782 transactions in the past 7 days.

📚 Sources
Github (in-chain developments) – https://github.com/UltronFoundationDev
Ulxscan – https://ulxscan.com/
Defillama – https://defillama.com/chain/Ultron

Source: https://t.me/ultron_foundation

More information

www.peopleindefi.com

Start staking now.

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