RootstockCollective Releases
RC V3.0 Release Note
Summary
TL;DR: RootstockCollective Foundation has been working hard on delivering the Roadmap as voted on by the Community!! Another new version of the user interface has now been released and will be immediately available for everyone in the community.
Building on the successful RC V2.0 release where the Collective Rewards MVP was introduced the new version of the dApp V3.0 launches a new version of Collective Rewards and will provide benefits for Backers and a better User Experience for all contributors to the Collective.
To update to the latest version simply refresh your browser or navigate now to app.rootstockcollective.xyz !
Community Benefits
- Collective Rewards updated - to reward Builders and RIF stakers participating in a thriving Bitcoin economy…
- Builders can now share a portion of their rewards with RIF Stakers
- RIF Stakers can now join the Collective Rewards by backing their favorite Builders and receive a share of their rewards in return
- Builders earn rewards based on the amount of backing they receive from RIF stakers
- Unlocking rewards for staking RIF
- RIF Stakers can now earn rewards by supporting Builders
- Stakers gain backing power equivalent to their stRIF balance, which they can allocate to Builders, becoming Backers
- Backers receive a percentage of Builders’ rewards, as decided by each Builder, in the form of Backer Rewards, making staking more rewarding
- Backers can monitor their rewards from Builders and claim them at their convenience
- Improved Usability and Transparency for Builders
- Builders can now easily track their rewards and claim them at their convenience once the Rewards cycle is complete.
- Builders’ KYC status is now securely logged on-chain, providing increased visibility and trust.
- UX Enhancements & Delegation MVP - key enhancements to improve the User Experiences and to start to test out Delegation capabilities
- Delegation to another address can be actioned without having to use the block explorer, and delegation power is shown.
- More to come on Delegation in future releases!
- Proposals can now also be searched…
Details
Please find below more details on the changes that make up this release together with ways to get involved!
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A link to the full set of changes can be found here, here, and here
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For those of the members who have already tried a previous version of the dApp, please proceed to an updated version and do not hesitate to leave your feedback on socials or suggest further improvements through the RootstockCollective Governance Forum.
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If you are a new member, or just exploring, then try connecting your MetaMask wallet to access the new DApp!