TEC Viva’s Weekly Update (08/14/2023)

TEC Viva family, we are excited to report our progress and developments for the week. Here is a cumulative report of this week’s influential updates to our ecosystem.

HIGHLIGHTS FOR THE WEEK!

  • All Harmony validator nodes have been updated to v8110-v2023.2.6

  • The results on the Harmony HIP-30v2 Multisig Candidates have concluded with TEC Viva as one of the seven Recovery Multisig Custodians. Recovery Multisig will hold tokens from the network emission and transfer them to fund burn partners for depegged assets every month.

  • HIP-30v2 has passed for Harmony and major network modifications are on their way.

          Changes:

          - Split 441M ONE tokens annual emission: 75% for staking rewards and 25% for           bridge recovery.

          - Shut down Shard 2 and Shard 3 of our network.

          - Change from 250 to 200 nodes each for Shard 0 and Shard 1.

          - Change the minimum validator commission from 5 to 7%.

          - Creation of Recovery Multisig

  • Annual Curve emissions have been reduced by 15.9%
  • Curve has recovered 70% of exploited assets, and there is still a plan for the LP holders of the ETH | CRV pool recovery.

TEC VIVA VALIDATOR STAKING REPORT:

🗞️ HARMONY VALIDATOR – Epoch 1567

🥩Staked: 14,654,808 $ONE

🫂Delegates: 39

💰Fee: 5%

⏱Avg Uptime: 98.82%

🏦Latest expected return: 9.70%

🪙$ONE $.0116 |👆2% 24 hrs |👆2% 7 days

🗞️ FINDORA VALIDATOR

🥩Staked: 975,103 $FRA

💰Fee: 5%

⏱Avg Uptime: 98.88%

🏦Latest expected return: 16.03%

🪙 $FRA $.0029 |👇9% 24 hrs |👆9% 7 days

Stake your crypto: tecvivaworld.country

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HOW TO SUPPORT THE TEAM?

  • Stake your crypto with our validators and earn staking rewards.

  • Purchase our NFTs. Find the latest collections on our website at tecvivaworld.country

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  • Join our Discord Server Community and let’s share ideas. Together we are stronger!

  • Follow our socials: https://linktr.ee/tecviva

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