The data tracking of Mentougou is as follows:

Mentougou has a total of 140,000 BTC, and nearly 50,000 have been distributed.

The remaining 90,000 BTC will be distributed in succession. It is estimated that a total of 4.6 billion dollars of selling pressure will be released to the market.

It will continue until the compensation is completed in October.

Cosmos Ecosystem Elys Network announced the launch of the second phase of its incentive test network

According to official news, the Cosmos Ecosystem encrypted trading platform Elys Network announced the launch of the second phase of its incentive test network, which will be the last phase before the main network is launched. The specific standards for the second phase will not be announced immediately, and users only need to complete daily tasks to qualify. The official explanation said that its primary task is to filter out witch attacks and reward real users, so the standards will be announced later. Earlier in June, Elys Network announced on the X platform that it had completed a $2.5 million seed round of financing, with Comma3 Ventures, Cogitent Ventures, Persistence One, and Kahuna participating. Elys Network is a DeFi Layer 1 application chain on the Cosmos Hub, providing native Bitcoin staking, automated market making, and multi-asset index pools.