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Meghana Jibin Nambiar
Meghana Jibin Nambiar

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[Informative] Plugin's Monthly Report for February 2024

Embrace innovation, carve your path, and sculpt success with every keystroke.

We begin with the updates for the month :-

  • An exclusive AMA session led by WeFi and Plugin 🌟where Ronald Mitchel Community Director Plugin and Lokesh Senior Blockchain Architect & Director Plugin were the speakers. The session was a great success. The event featured insightful questions and an interactive audience, showcasing the full potential of secure and scalable decentralized oracles. Stay tuned for more exciting AMA Sessions coming up soon!
    Here is the link to the recording:-

  • Plugin Node Reputation, was released to boost stability and trust within the Plugin Oracle Network. Effective February 16, 2024, Plugin Standby and Validator nodes are now subject to close monitoring to ensure their continuous active status. We're currently refining the reputation calculation algorithm based on valuable feedback received from the community and it will be live again. Stay tuned for further updates as we continue to advance our network capabilities.

  • The deadline for Migration of nodes from Plugin 1.0 to 2.0 is now crossed. We have stopped onboarding new nodes. That being said we are approving nodes of those members who had support requests open before the deadline. We appreciate your cooperation to enhance the stability and functionality of our network.

  • Soon we will have CIFI x PLI Liquidity Pool on Circularity Finance Platform. This groundbreaking partnership promises to revolutionize the DeFi space by offering DAOs a secure haven for their assets, along with real-time proof of reserve data feeds, courtesy of Plugin.

  • Team had the opportunity to showcase our latest innovations at Sharjah Research Technology and Innovation Park. It was an incredible experience sharing our advancements with fellow innovators and enthusiasts. A special thank you to Sharjah RTI Park for graciously hosting us.

⚛ Food for thought

Picture a world where information flows freely, unencumbered by centralized control or manipulation. With decentralized oracles, this vision becomes a reality. By securely integrating external data into blockchain networks, we're not just building a new layer of trust; we're redefining the very fabric of digital ecosystems. From smart contracts to decentralized finance, the possibilities are endless. So let's dare to imagine and innovate together, unlocking the true potential of decentralization for a brighter, more transparent future.


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