StakeCube in Numbers
This was a week of huge growth for StakeCube, with most indicators in the green and reflecting big increases. Particularly exchange volume has reached a new high thanks to the renewed interest from the TUP community. The last 2 days we have had more than $1 million in daily trading on the exchange. As for the Crypto markets, they had a pretty uneventful week, with Bitcoin moving mostly sideways. Other as of late hyped projects have had poor performances. For example Solana experienced a sharp price correction after the network was down for several hours and had to be restarted. However Avalanche, another platform coin, had a great week, as did a few DeFi tokens like CRV or SNX. These were the stats for StakeCube:
- User Count: 119,761 +1.39%
- Pool Value: 741.18 BTC +7.22%
- Daily BTC Mined: 0.104 BTC -6.31%
- SCC Price: $1.02 +6.25%
- SCC Market Cap: $9,506,000 +4.54%
- Daily Exchange Volume $688,530 +81.61%
- Alexa Rank 18,837 +196
This week MMT leads the top 5 with a very impressive growth of 138.7%. MMT is a coin with a close connection to the StakeCube community and the first independent project to switch to StakeCube Protocol. We are very happy to see them succeed. This was this week’s top five:
Top 5 Gainers
- MMT+138.7%
- PNY+57.0%
- PAC +26.3%
- GHOST +13.8%
- SHARD+11.2%
MineCube Updates
Meatec had an unscheduled maintenance starting last Monday due to energy cuts at the facilities where the miners are located. The down time lasted 2 days and miners generated no rewards during that period.
Today there was also an announcement that Meatec will increase electricity costs for their miners, which will diminish rewards to some extent. You can check out their official Tweet regarding these changes:
https://twitter.com/MeatecM/status/1436293910733762561?s=20
The new electricity costs for miners will be:
$0.065 for ASICs
$0.078 for GPUs
These are some statistics for MineCube as of today:
- 322 users with at least 100% recovered
- 165 average workers per user
- Highest recovery rate: 113.7%
- $1.95 million worth of workers sold
As expected and during the maintenance the selling of workers slowed down somewhat. We hope to reach the $2 million mark next week.
New TUP Faucet
At the request of their team we have added a TUP faucet so that you can get some coins for free every day. You can check it out here:
https://stakecube.net/app/community/faucets
StakeCube E-Sports
Last Saturday we held a Rocket League competition and streamed it for everyone to watch on our official Twitch channel:
https://www.twitch.tv/stakecubeesports
The tournament started around 3 pm, with 16 teams participating. 3 hours later we had the final results, and these were the 3 top teams:
- KDY
- Pates aux Fraises
- Salami
Congratulations to the winners! But also a big thank you to our sponsors for helping us make this possible:
- Meatec
- PIVX
- Phore
- Zenzo
- Bitcoin 2
- DAPS
We hope to see you all next time, so make sure you don’t miss anything by following our E-Sports scene on Twitter and Discord:
https://twitter.com/stakecubeesport?s=21
https://discord.gg/hYnd62u
Oleg’s Rough Development Timeline
Oleg shared with us through Twitter his projections for when different developments could see the light of day. These are just rough estimates, but should give an idea of what’s being worked on. Check it out here:
https://twitter.com/WarkentinOleg/status/1437728987497877505
Coins Sent to Wrong Address
Once again we remind you that if you send coins to the wrong address, this results in loss of funds. In some cases we might be able to recover the funds but this incurs a fee of $100 as it is a long and labor-intensive task. These include cases of BSC tokens and ETH tokens sent to the user’s BNB and ETH addresses respectively. Please keep in mind that we bear no responsibility in these cases, as we cannot control what address a user sends their coins to. Users must ensure they make no mistakes when transferring funds.
Axie Infinity Scholarship
We have now more than 25 teams participating in the scholarship, with more getting ready every week. However, it is not too late for you to apply and earn a spot in the scholarship. If you’re interested, just ask for more information on how to participate in our E-Sports Discord:
So far participants have earned more than 22,000 SLP, gaining more PVP and arena battle experience every day.
Support Team Reorganization
We have rearranged support schedules to provide better coverage, and to include me (Sandude) in the daily rotation of support agents. However and as usual, support cases will be answered within 24h. You should not expect an immediate response, even though it looks like a live chat. Protesting or opening multiple tickets can only result in additional delay and can get you banned from chatting on our Discord server.
Development News
StakeCube Protocol News
We have fully implemented NFT and NFT collections on the SCP testnet. SCP-4 NFTs enforce the usage of IPFS. This is a fully decentralized system that stores all images to ensure NFTs on SCP are completely immutable. You can read more about it here:
https://docs.ipfs.io/how-to/mint-nfts-with-ipfs/
The UI for NFTs and collections is still in development, however progress has been swift so far. We intend to make the UI intuitive both for newcomers and advanced NFT users. The plan also includes an UI for easy NFT deployment. This will allow anyone to deploy their own NFTs and collections with just a few clicks.
Although this is still work in progress, check out some NFT UI examples:
The integration of this feature into the StakeCube platform is also in development at the moment.
SCP Wallet
A bug was causing the burn and mint of SCP-1 and SCP-2 tokens to fail. This bug has been fixed in the latest PR, with SCP wallet v1.1.6 having fully functional mintSCP and burnSCP commands once again.
Wallet Maintenance News
Wallet Updates
We updated the following wallets:
GHOST
Previous version: 0.21.1.6
New version: 0.21.1.7
PAC
Previous version: 0.17.0.4
New version: 0.17.0.5
No masternode restarts necessary.
PIRATE
Previous version: 11.5.12.0
New version: 11.5.13.0
Security Notice
Please read the following information regarding the security of your account and funds:
The StakeCube.net team will:
- Never contact you first
- Never ask you to send them or move coins to some other address
- Never ask you for remote access or to install any third party software
- Never ask you for your password or 2FA codes
- Never provide support using direct messages
If you observe any of these listed behaviors, someone is trying to steal money from you. This applies to all of our social media channels. Our team will post official messages in the appropriate channels, and we only offer support through our ticket system on Discord.
Please, also take into account the following measures to keep your account secure:
- Enable 2FA in the account settings
- Enable IP verification in the account settings
- Use a strong password
- Change the password regularly
- Never share your password with others
- Never allow remote access to your devices
- If you require assistance, use only the official channels
- Download software only from verified sources
SCP Wallet is now signed with JSKitty’s public PGP key. This allows users to verify that the wallet has been cryptographically signed and approved by him. Even if our GitHub is compromised, the downloads are still safe as long as the PGP verification confirms that the files have not been tampered with. If you download SCP, please verify the binary against our developer’s public key:
