With the British holiday earlier this week, we took some time to celebrate Her Majesty’s Queen Elizabeth II life and the memories we made with our own families during her reign. That didn’t stop us from continuing to make progress as we march toward our ultimate goal of seeing Lox Network mainnet go live. We made our final test run of the MetaLox Reward Program and feel very confident in it’s official launch Oct. 1. For those who may still be unaware, we recently started a pilot program to reward token holders of the LOX ecosystem that, at least at the end result, feels...

Wrapping up another busy week! First off, we kicked off the MetaLOX Staking Program with tests drops for MetaLOX holders and then added LOX, SmartLOX and SmartNFT holders to the program. We ran all four reward drops simultaneously. That created quite a bottle neck. Apart from that, the operation ran flawlessly. We went back and tweaked the code to try again, but it’s simply not working as we originally hoped. Four scripts from a single location is causing issues, so daily rewards will run one after the other once we go live Oct. 1. Meaning, we’ll run the LOX script, then...

Kicking off the week with some good news! Last update, we stated that we were considering adding LOX and the other Smart tokens to the MetaLOX rewards program after successfully evaluating the program’s start. Many in the community asked if it was possible for that idea to be scratched and simply start the program as soon as possible. You asked, we listened. LOX, SmartLOX and SmartNFT will be joining the MetaLOX reward program!This is a great opportunity to reap some amazing rewards just for holding tokens in the Lox Network ecosystem. LOX will start with a crazy 300% APY and...

Wrapping up another week as we head into the weekend! You may have seen the tweet on MetaLox earlier in the day. For those who missed it, please check it out! We feel it’s very exciting! We are coming up with an XRPL “staking” solution MetaLox holders. As you already know, XRPL is not a proof-of-stake network, does not have smart contracts and the hooks ammendment is still a proposal at this time. To work around this, we will use trustlines and snapshots. From a purely technical point-of-view, it’s a daily snapshot with a daily airdrop. From the holders’...

Ending the week with a brief update as the AMA with Lucas being scheduled for tomorrow. Tomorrow’s AMA format will have a minor change as Lucas will address the questions left unanswered from the August AMA and post them as a pre-AMA of sorts. Originally, it was intended that all of these questions were to be answered throughout the month. However, as August rolled through seemingly quite quickly and the focus being set on the the bug discovered during testing, we inadvertently and regretfully left those unanswered questions hanging. That will be corrected in the next AMA. The questions...