142nd Weekly Report of Molecular Future

4 min readOct 12, 2020

Hello, friends of Molecular Future:

Here comes the 142nd issue of Molecular Future Weekly with the continuous reports of industry news and hot topic. The sign-in and invitation event of Molecule Future APP to get “100 Free MOF” is in progress. In addition, the proposal function of MilkSwap has been officially launched. For more details, please check the official notifications.

Best Fund this week

XBTING Foundation ETF Fund (USDT)
Initial net worth (19 February, 2019) 1
Latest net worth (11 October, 2020) 1.5464
Total increase +54.6%

Keep up with Molecular Future

Molecule Future APP [Sign-in Event] is in progress

During the period, new users who register for the Molecule Future APP account, download the Molecule Future APP, sign in, can receive 100MOF sign-in rewards!

MilkSwap officially launched the proposal function

The MilkSwap official website has officially launched the proposal function. Click Tender and connect to the wallet address to create a new proposal. For any better suggestions for MilkSwap, everyone is welcome to participate.

Tech Development

APP

Optimized sign-in reward mechanism

Optimized some user experience content

Optimized the token search function

MOS Financial Public Chain

Keep the number of nodes at 1000

Started VRF block trading test

Completed the fourth round of node test, with TPS stable at 150+, peak at 400+

The number of nodes is kept at 1000, the network speed is 100MB/s, and the average network delay is not more than 10ms, and the fork rate test is performed

Industry Information

China Merchants Group cooperates with Alibaba and Ant Group in blockchain technology

On October 11, China Merchants Group signed a comprehensive strategic cooperation agreement with Alibaba and Ant Group in Hangzhou. According to the agreement, the three parties will continue to promote in-depth cooperation in industrial Internet, financial services, integrated logistics, emerging industries, and other business areas, and jointly promote the digital upgrade of industries and serve the real economy. In the exchange on the day, the two parties also agreed that in the future, in terms of blockchain technology, they will rely on the technological advantages of Ant Group to jointly establish a logistics ecological alliance chain, explore and promote multi-party cross-chain cooperation; jointly create a shipping safety chain and other port and shipping coordination Blockchain technology infrastructure, cooperatively explore smart supply chain products based on blockchain technology, etc.

Decentralized trading agreement Uniswap real lock-up volume exceeds 2 billion US dollars

According to data from DeBank, the decentralized trading protocol Uniswap’s real lock-up volume exceeded US$2 billion and currently ranks first among all DeFi projects. Maker ranks second with a real lock-up volume of US$1.4 billion, and Curve ranked third with a real lock-up volume of US$38 million.

App Data Overview

Product introduction

Molecular Future is jointly invested by Molecular Group, Eagle Fund, Hong Kong Capital Fund, XBTING Foundation, HCASH Foundation, and Bank of China Capital. The platform uses stable and secure blockchain technology and connects with the world’s top financial quantification teams to provide users with efficient and convenient financial services.

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