Powerloom Protocol
All things onchain data
Powerloom Protocol pfp

@powerloom

πŸŽ‚ Powerloom Mainnet turns 1 today πŸ₯³ One year ago, we released the first epoch - kicking off a new era in onchain data access πŸ’ͺ πŸ’° 25,000,000+ $POWER earned by snapshotters πŸ’ͺ 3,000+ active nodes earning daily rewards πŸ†• 2,700+ nodes minted since mainnet What's next πŸ§΅πŸ‘‡
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Powerloom Protocol pfp

@powerloom

🎁 Validator Rewards Incoming DSV Phase 1 with validators goes online later this month - and so do validator rewards! ⚑ 10 validator slots 🀝 1M $POWER commitment πŸ’° 50K $POWER daily reward pool πŸ“Œ Note: - Slashing will be enabled at a later stage - Bad behaviour/inactivity may still result in losing rewards - Rewards will be distributed manually until end of Phase 1 ⏰ Validator slots close Wednesday, January 7th Check eligibility & apply πŸ‘‰ http://mint.powerloom.network/validator
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Powerloom Protocol pfp

@powerloom

πŸŽ‰ Announcing Powerloom's first ecosystem grant: BazaarX We're not funding pitches. We're rewarding builders who already showed up πŸ‘Š Meet BazaarX - a community-built snapshotter delegation service on Powerloom network 🧡
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Powerloom Protocol pfp

@powerloom

🎁 10 MILLION Snapshotter Loyalty Bonus is HERE Up to 3,825 $POWER per slot for nodes active since V2 migration (Day 77-331). 🧡 Check eligibility NOW, claim after DSV mainnet launchπŸ‘‡ http://mint.powerloom.network/validator
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Powerloom Protocol pfp

@powerloom

🎯 Powerloom DSV Network: Validator Program Now Open! After months of intensive development achieving subsecond propagation in our Decentralized Sequencer-Validator network on devnet, we're opening the first validator slots to our community! The Evolution is Here: We're transforming from a centralized sequencer to a truly decentralized infrastructure where $POWER token becomes the backbone of Web3's data economy. This isn't just another milestone β€” it's production-ready infrastructure for real-time applications. πŸ” Validator Requirements: β€’ Lock 1M $POWER tokens β€’ Access to dedicated Ethereum + IPFS Infra β€’ 24/7 uptime with DevOps expertise πŸ‘‰ Check eligibility: https://mint.powerloom.network/validator πŸ‘ˆ
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Powerloom Protocol pfp

@powerloom

πŸ”₯ BDS PREVIEW IS HERE ⚑ Experience the first production data market that CAN dynamically expand to ANY protocol, ANY chain! See what our 6000+ nodes will capture: DEX trades, lending positions, yield strategies. All verifiable on IPFS. Powered by $POWER Details πŸ§΅πŸ‘‡
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Powerloom Protocol pfp

@powerloom

πŸ“£ Introducing the Decentralized Sequencer-Validator (DSV) network for Powerloom With subsecond propagation and zero single points of failure, it will transform Powerloom into the ultimate decentralized backbone for Web3 data πŸ’ͺ πŸ§΅πŸ‘‡
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Powerloom Protocol pfp

@powerloom

πŸš€ Big Update: We're implementing Dynamic Tax Rates for our Node Staking contract! Tax rates will progressively increase from 30 β†’ 50 % as TVL grows beyond 7.5m $POWER Why? To incentivize network decentralization and encourage independent node operation 🌐 Let's dive in πŸ§΅πŸ‘‡
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Powerloom Protocol pfp

@powerloom

πŸš€ Snapshotter CLI has been updated to v0.1.3! Changes made since first launch: βœ… Fixed Linux display & wallet input issues βœ… Smoother deployment & configuration flow βœ… Added version tracking & in-app changelog βœ… Ubuntu 22.04 compatibility βœ… Overall UX improvements πŸ”—πŸ‘‡
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Powerloom Protocol pfp

@powerloom

πŸ“£ Powerloom Snapshotter CLI is live - with interactive SHELL mode πŸ‘Ύ Deploy multiple nodes with zero setup: πŸš€ Launch CLI with one command πŸ”₯ Stay in-session with interactive SHELL mode 🀝 Run queries, debug, submit snapshots CLI for automation. SHELL for live control πŸ’ͺ
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Powerloom Protocol pfp

@powerloom

πŸŽ‰ Daily Reward Pool Increased to 75,000 $POWER πŸš€ This is effective immediately (day 157)! We are also raising the daily submissions threshold over the week. πŸ“Š Schedule: β€’ Day 157: 1,000 (no change) β€’ Day 158: 1,050 (first increase) β€’ Day 165: 1,100 (final increase) πŸ‘‰ https://mint.powerloom.network
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Powerloom Protocol pfp

@powerloom

πŸš€ 1,000+ snapshotter nodes minted since mainnet πŸ”’ 10 million $POWER locked πŸ’Έ Start earning daily rewards at ~100% APY Mint πŸ‘‰ https://mint.powerloom.network
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Swaroop Hegde pfp

@swaroop

Time to say goodbye to the V1 chain! Please migrate your funds if you haven't already - we will not be able to recover native balances as it does require user signatures ⚠️
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Powerloom Protocol pfp

@powerloom

🚨 Powerloom V1 Chain Shutdown πŸ‘‰ April 22, 2025: Migration bridge closes πŸ‘‰ April 30, 2025: V1 chain stops ❗❗Migrate unstaked $POWER from V1 chain or lose it forever. Upgrade nodes now! 🧡 Details below ↓
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Powerloom Protocol pfp

@powerloom

πŸ’ͺ Our core devs recently pulled off one of crypto's smoothest L2 chain migrations. βœ… There was minimal downtime βœ… It required ONLY TWO user actions πŸ“– Check out our latest blog post to know everything about how this was achieved: https://blog.powerloom.io/powerloom-mainnet-v2-migration-how-we-ensured-minimal-downtime-user-actions/
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