Freight Trust Public GitHub

This week marks the 33rd week, or the drawing of a close on our last 10 week development cycle. With that comes new priorities, and focuses and our public forward guidance on what we expect the next 10 week cycle.

• Staking Protocol
  • RelaySwap
    • Relay Swap acts as a “harness” onto uniswap, where we divide liquidity amongst two different pools. A pool, by using bots, trades the liquidity it has available to it.
    • Liquidity Pools are alot like liquidity mining, except for:
      • Adversarial Reporting
    • Adversarial or Proof of Violation
      • This is how “honest reporting”, i.e. trading the benchmark price or the main price feed, can be transmitted decentralized without using a direct price feed connection.
      • Trading bots, similiar to Snthetix or MakerDAO trading, that is to say add and remove liquidity to affect change on Uniswap to be more reflective of the chosen bnechmark rate.
      • This provides for various benefits:
      • 1. Volume increases
      • 1. Liquidity increases
      • 1. Price is more reflective of the off-chain markets (ceteris paribus, ergo cheaper)
      • 1. Staking rewards can be completely self-managing (i.e. this is like earning transaction fees)
      • 1. You wouldn’t have as much at risk versus doing it yourself
      • 1. We can use this price feed system to bring new contracts such as freight container pricing possibly on-chain, without the need for oracles, as the prices for these instruments do not change sub milisecond (e.g. S&P E-MINIS)
• X12EDIProtocol
  • A Reference Implementation integrating the 4010 transaction standard has been made public, see it here: github/freight-trust/x12
  • A commerical license, for which we have applied for back in April, should be granted by early September
  • X12.org was hacked for a ransomware attack and their website is just now working again
• Baseline Demo
  • A Baseline Demo is forthcoming with this new dev-kit for X12
  • Expect Demo hopefully no later than labor day weekend (we would like end of August but we do not make the shcedule!)
• GitHub Weekly Digest and Newsletters
  • We will be bringing online a newsletter again, but through a different domain, freighttrust.io - this is strictly because we can not risk the .com domain e-mail going to spam, plus we have had issues with Mailchimp and crypt-related content in the past.
• Bilaxy and CMC - We have gotten a response for CMC, we are fixing an API along with fixing the telegram bot for supply, expect mid-next Week for listing.