This article was first published on The Blueprint by Bluzelle - Medium
Where We Are Now With Mainnet & Staking, More New Features
All BLZ Soldiers,
On 20th of August, we launched Phase 1 Soft Mainnet. Bluzelle is the FIRST to build a fully functional Ethereum-Cosmos relayer and make it go live. This allows the smooth conversion between our ERC20 BLZ and native tokens. All members who participated in soft mainnet enjoyed more than 25% APY.
Since we were the first public chain to use Cosmos’ latest version, more security testing needed to be done. That’s why we are rolling out to the full Mainnet carefully, and the schedule is flexible.
Two weeks into Soft Mainnet, and we have received a lot of great feedback from the community regarding new features, better user experience, and third-party support.
We are going to release a new important feature on our staking dashboard soon! This will allow our participants to earn an even higher return (MUCH MORE than 25%) by staking BLZ!
Also we have updated our plan, to incorporate some of the feedback. Below is an update on what is coming next.
Soft Mainnet Phase — Live
Currently, members can convert BLZ to BNT tokens through our staking dashboard. The relayer was run by the Bluzelle team manually, therefore most of the participants had to wait a few hours for their native tokens to arrive in the Bluzelle wallet.
In coming days, the relayer will become autonomous. This means that once your Ethereum transaction is successful, the relayer will automatically run, and your native tokens will arrive in your wallet within 2–3 minutes, without the longer waits.
Our production mainnet will be a hard fork from the soft mainnet. Those who participated in the soft mainnet will need to get back their tokens (including rewards), so as to re-stake on the production mainnet. This transition period will give enough ...
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The Blueprint by Bluzelle - Medium