https://wotrust.us/ Recent content on WOTrust Hugo -- gohugo.io en-us Fri, 01 May 2020 18:57:58 -0400 https://wotrust.us/posts/moving-to-substack/ Mon, 31 Aug 2020 11:00:00 +0000 https://wotrust.us/posts/moving-to-substack/ To bring our blog to 21st century, all future posts and articles will be published through Substack: https://wotrust.substack.com/ https://wotrust.us/posts/celovote-guide/ Tue, 04 Aug 2020 15:00:00 +0000 https://wotrust.us/posts/celovote-guide/ UPDATE Celovote now works best within Celo Terminal wallet. Download Celo Terminal and checkout updated guides to self-custody here: https://docs.celoterminal.com/guides/self-custody https://docs.celoterminal.com/guides/staking-with-celovote Using Celovote through web UI is no longer recommended. Use Celo Terminal instead. This guide is just kept around for historical purposes. Wondering how to own and self custody newly acquired CELO tokens? Or how to earn rewards by participating in its proof-of-stake protocol? https://wotrust.us/posts/roundup-2020-07/ Fri, 31 Jul 2020 17:00:00 +0000 https://wotrust.us/posts/roundup-2020-07/ We are back once again for another monthly round up for Celo network. Target APY In our previous issue we discussed how Rewards Multiplier affects Target APY. Downward trend continues for Rewards Multiplier thus Target APY continues to decrease. Target APY for July, 2020 Digging deeper in CELO economics It would be natural to wonder if the downward trend for Target APY is worrisome or not, or how bad would it be if Target APY were to drop as low as 5% instead of the target 6% for example? https://wotrust.us/posts/roundup-2020-06/ Tue, 30 Jun 2020 17:00:00 +0000 https://wotrust.us/posts/roundup-2020-06/ As June comes to an end, it is time for another monthly validator round up. Before we dive into the report from this month it be might useful to refresh your understanding of voter rewards and uptime from our previous report. Target APY changes We will once again use data from https://celovote.com/scores for our analysis. As an observant reader you might have noticed slight change in Target APY (previously called Estimated ARR), decreasing from ~6. https://wotrust.us/posts/celovote-rewardstab/ Thu, 18 Jun 2020 15:00:00 +0000 https://wotrust.us/posts/celovote-rewardstab/ It has now been close to one month that voter rewards for locked CELO holders have been enabled. To make it easy to track earned rewards and provide additional information for account and tax reporting purposes, we are introducing Rewards tab in Celovote This feature is fully free for everyone. Even if you don’t plan on authorizing Celovote for your vote management, you can still use the rewards tab to get all the information for your accounts and ReleaseGold contracts. https://wotrust.us/posts/celovote-governance/ Thu, 04 Jun 2020 14:00:00 +0000 https://wotrust.us/posts/celovote-governance/ Governance process is an important part of the Celo ecosystem. If you are not already familiar with it, you can get quick understanding of it from these overviews by Chorus One and Figment Network groups. There is also an in-depth documentation from cLabs, if you want to dive even deeper to learn about the process and implementation. Assuming you are now familiar with the general governance process, lets go through how you can participate in it through Celovote. https://wotrust.us/posts/roundup-2020-05/ Mon, 01 Jun 2020 11:00:00 +0000 https://wotrust.us/posts/roundup-2020-05/ May was an exciting month for Celo. Release candidate network has been declared as main-net and its tokens have officially started trading on external exchange platforms. Election Overview Now that the first month is over, its time to take a look back and see how Celo’s validator groups are doing. First, we will start with some general statistics. Celo release candidate network started with 49 “genesis” validator groups. Once network was bootstrapped, even more validator groups got created. https://wotrust.us/posts/wasted-gold/ Mon, 25 May 2020 11:00:00 +0000 https://wotrust.us/posts/wasted-gold/ It has now been one week since voter rewards have been enabled in Celo main-net. Voter rewards allow you to earn up to 6% annual returns on your locked gold, as long as you are properly voting with it for stable, high uptime validator groups. In this post we will explore efficiency of locked gold management by current Celo gold holders, and go over various ways owners might be missing out on all, or part of the rewards. https://wotrust.us/posts/introducing-celovote/ Tue, 19 May 2020 12:00:00 +0000 https://wotrust.us/posts/introducing-celovote/ This has been an exciting week for Celo blockchain. There was a successful auction on Coinlist that sold 10 million tokens. And current RC1 network has officially been declared as MainNet. With all these new developments, we are excited to welcome all new Celo Gold holders to the community, and introduce new celovote.com service that makes it easy to start earning rewards with Celo. An in-depth introduction to Celo Gold holding and Celovote can be found at Censuswork’s blog. https://wotrust.us/posts/celogovernance-tool/ Mon, 04 May 2020 01:00:00 +0000 https://wotrust.us/posts/celogovernance-tool/ Governance plays big part in Celo protocol. All locked gold holders are strongly encouraged to participate in reviewing and voting for new government proposals. These proposals will play big part in making sure that network continues to adapt as it grows and as new challenges are discovered with the proof-of-stake protocol. To make it easier for community members to review proposals we introduced new celogovernance tool. Look out for future updates to make it even easier to view and vote for Governance protocols through a simple web UI. https://wotrust.us/about/ Fri, 01 May 2020 18:57:58 -0400 https://wotrust.us/about/ WOTrust provides blockchain validation and staking services. At WOTrust we prefer to be involved with only few blockchain companies that match and align with our values. When we choose to validate for a particular blockchain, we also engage with the community and contribute with tools and other infrastructure to help the project grow and succeed. Founder: Zviad Metreveli Contact: info@wotrust.us https://wotrust.us/posts/celo-rc1/ Fri, 01 May 2020 18:32:25 -0400 https://wotrust.us/posts/celo-rc1/ After placing in top 3 in The Great Celo Stake Off Challenge and gaining valuable experience running validator nodes for Celo Baklava test-net, the time has come to contribute to security and stability of the Celo main-net. We are excited to be one of the validator groups that will be involved with the main-net from its genesis. As strong supporters of the Celo team’s core mission, we are looking forward to keeping the network stable and secure and help it grow to reach billions across the world.