📢 v0.41.0 Upgrade - Nov 23 Update 1/ We're good to go with #Oraichain #Mainnet now! Availability of services: ✅ Ready for use: #Oraiscan, #Kucoin deposits & withdrawals; 🔜 In queue: #OWallet, #OraiDEX, and others. Details:

t.co

t.co

v0.41.0 Upgrade — Update about Oraichain Mainnet & Oraiscan — We are excited to inform the community that for the time being, Oraichain Mainnet has recovered with most of the validator nodes minting new blocks properly on the network; — Availability of services: ✅ Ready for use: Oraiscan, Kucoin deposits & withdrawals 🔜 In queue: OWallet, OraiDEX, and others. — In an attempt to have swift resolution to potential technical setbacks (i.e. AppHash issue) during v0.41.0 Upgrade, we would like to proactively balance the voting power distribution through interim delegations to stable validator nodes, ensuring an appropriate set of voting powers across the entire network on purpose; — By reason of recent increase in Bonded Tokens, the network has automatically adjusted APR to ~8% based on its design of inflation mechanism. The APR will be back to ~29% after interim delegations are withdrawn from supported nodes (est. in less than 1 week) or through DAO proposals. — With the v0.41.0 Upgrade, validator nodes have the ability to support Auto-compound feature to help delegators streamline the profitability of their delegations. — Taking ideas from Validator Recruitment & Redelegation Campaign discussion, we firmly support the decentralization of voting power on Oraichain Mainnet. Detailed stages will be announced for further community review in the near future. Special thanks to validators & community for your consecutive hours of hard work & support!

v0.41.0 Upgrade — Update about Oraichain Mainnet & Oraiscan — We are excited to inform the community that for the time being, Oraichain Mainnet has recovered with most of the validator nodes minting new blocks properly on the network; — Availability of services: ✅ Ready for use: Oraiscan, Kucoin deposits & withdrawals 🔜 In queue: OWallet, OraiDEX, and others. — In an attempt to have swift resolution to potential technical setbacks (i.e. AppHash issue) during v0.41.0 Upgrade, we would like to proactively balance the voting power distribution through interim delegations to stable validator nodes, ensuring an appropriate set of voting powers across the entire network on purpose; — By reason of recent increase in Bonded Tokens, the network has automatically adjusted APR to ~8% based on its design of inflation mechanism. The APR will be back to ~29% after interim delegations are withdrawn from supported nodes (est. in less than 1 week) or through DAO proposals. — With the v0.41.0 Upgrade, validator nodes have the ability to support Auto-compound feature to help delegators streamline the profitability of their delegations. — Taking ideas from Validator Recruitment & Redelegation Campaign discussion, we firmly support the decentralization of voting power on Oraichain Mainnet. Detailed stages will be announced for further community review in the near future. Special thanks to validators & community for your consecutive hours of hard work & support!

📢 v0.41.0 Upgrade - Nov 22 Update Dear community, 1/ We and active validators are progressively addressing the AppHash issue together around the clock. 60% of all validator nodes have upgraded successfully, with many of them representing significant voting powers. 🔽🔽🔽

t.co

v0.41.0 Upgrade - Nov 22 Update Dear community, We and validators are progressively addressing the AppHash issue together around the clock. 60% of all validator nodes have upgraded successfully, with many of them representing significant voting powers given by delegators. We are looking forward to the readiness of all active validators. Updates about the network and the estimated time of service re-activation will also be announced later via our channels. Thank you for your great patience!