Monthly Progress Report: July
Hello Fluxers! It has been a minute, well, more like a month, and you know what that means? Another progress report, this time for July! From new hires to new listings, let’s dive into what we have been working on for the past few weeks.
Flux Updates
Team Culture
- InFlux Technologies would be nothing without such a driven team, and for July, we celebrated John Kerr, FluxAI’s visionary Technical Lead, as our employee spotlight of the month.
- InFlux Technologies also named Daz Williams as the CEO of FluxAI.
- To expand our team’s expertise, in July, we welcomed a new VP of Revenue Growth, Patrick Perry, and a new VP of Sales, Donovan Lazar.
- Cyberpunk and InFlux Texhologies CEO Dan Keller sat down for an interview with NFT Gators to discuss decentralized computing’s role in AI development.
Ecosystem Updates
- In July, a significant XDAO vote passed to introduce an adjusted version of Proof-of-Useful-Work (PoUW), transitioning from GPU mining-based consensus to a deterministic node-based consensus. Additionally, this vote establishes a 10% reduction in annual Flux block emissions.
- The beta for the FusionX swap aggregator was released in July, enabling traders to route proposed swaps through multiple DEXs for deeper liquidity and cheaper exchange fees.
Partnerships
- Flux partnered with the non-custodial instant exchange, ChangeHero, to list FLUX as a tradeable asset.
- As part of the Timpi and InFlux Technologies partnership, Timpi Synaptron and Collector nodes went live on FluxCloud in July.
- FusionX integrated with SimpleSwap for seamless cross-chain swaps.
Wallet Updates
Zelcore
- SUI listed on Zelcore in July, and SUI/USDC pairs are now available for trading.
- Update v8.19.0 was released this month and integrated FluxGPT with Zelcore to enable an AI chatbot interface with multi-language support directly within the wallet. Additionally, this update brought performance, API, and dashboard UI enhancements.
SSP
- SSP integrated WalletConnect in July for increased secure sign-ins.
Conclusion
July was busy for InFlux as we focused on honing in our amazing team, gaining new partnerships to continue pushing decentralized growth, and improve our ecosystem functions and tokenomics. We can’t for next month’s progress so be sure to follow us on X for all the latest InFlux news!