1. The new ambassador has been announced, you can go to the Discord channel┃ambassador-program
(On March 27, the Aleo team announced that the list of the ninth round of ambassadors has been determined. A total of 11 ambassadors have been selected for this round of ambassador program. The ninth round of ambassador program will start on March 12 and last for 16 days. There may be another round of ambassadors. Plan, the specific date depends on when the mainnet is launched.)
2. The test network is now back up and running (you can check its status on the official browser: https://explorer.aleo.org/)
(Alex Pruden said in the community on March 23: The reason for the interruption of Testnet 3 was that a malformed transaction caused the network validator to stop 72 hours ago. We are currently restarting the node and recovering from the previous snapshot, This snapshot was probably released a few days before the outage. We will make every effort to get Testnet 3 back up and running as soon as possible and will resume when a more specific timeline is available. Testnet 3 will be deprecated soon and replaced by is a new public testnet that runs one of the newer mainnet forks that addresses several potential issues. The testnet is now back up and running.)
3. FoxWallet announces cooperation with RoseonX
On March 27, FoxWallet announced a strategic partnership with RoseonX. FoxWallet is a mobile decentralized wallet in the Aleo ecosystem. It is also the world's first wallet to support Aleo's public transfers, record additions and splits. Roseon is a protocol designed to simplify DeFi and provide users with easy access to manage their cryptocurrencies and digital tokens through mobile applications and web interfaces. It mainly consists of 2 main products, namely Roseon App (an all-in-one cryptocurrency trading and money-making mobile application) and RoseonX (a gamified decentralized derivatives exchange).
4. ALEO officially issued a document on March 30, 2024 (RC-0038: Recommended mortgage commission rate: ensuring fair remuneration for entrusted stakeholders)
Summary (see official recommendation for details)
Validators contribute to network security by validating and confirming transactions, as well as monitoring and preventing malicious behavior. In return for their contributions, bettors receive rewards or income. Throughout the process, validators incur costs and must ensure the stability of their services and network. To account for these fees, it is recommended to set a commission rate for delegated staking.
The commission rate will serve as cost compensation to validators and as a reward for their services. This ratio will represent the portion of the rewards or benefits that validators receive from delegated stakeholders. The specific value of the commission rate can be determined based on the network's requirements and economic model. When setting commission rates, the following factors should be considered:
Validator Service and Network Stability: Validators allocate resources to verify and confirm transactions, as well as monitor and prevent malicious behavior. To ensure the stability of their services, validators charge commissions to cover their operating costs.
Rewards or benefits for delegated stakeholders: Delegated stakeholders contribute to the network by staking their assets and protecting the network. They should receive fair rewards or income based on their contributions. The commission rate should be set to ensure that delegated stakeholders receive a reasonable share of the rewards or benefits.
Economic model and network requirements: The specific value of the commission rate should take into account the economic model and network requirements. This may involve factors such as supply and demand dynamics, number of participants, competition and the overall health of the network.
The final commission rate should strike a balance that incentivizes validators to participate and provide stable services while providing fair returns to delegated stakeholders. Determining commission rates may require a community or consensus-based discussion and decision-making process to ensure the sustainability and fairness of the network.
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